SOURCE >> Expert assessment

Chinese labor unrelated to BRI delays

There have been some voices from the Western world claiming the Belt and Road Initiative (BRI) projects have been halted for involving a high proportion of Chinese employees, implying fears that Chinese workers with the coronavirus have curtailed BRI progress.
Source: Global Times | 2020/4/2 17:48:40

Wuhan story might prove Trump is right about reopening economy - partially

Wuhan, which has started to reopen its economy, has shown that the process to restart the economy requires a lot of preparation and a coordinated plan. If Trump wants a speedy recovery for the US economy, he needs to pay attention to what's happening in Wuhan and get some pointers now, if he hasn't already.
Source: | 2020/4/2 3:11:06

China needs to manage quality of exported medical supplies

The Netherlands heath authorities have reportedly recalled 600,000 substandard masks imported from China. Soon after, Spain claimed coronavirus test kits purchased from China were defective. The two incidents were highly politicized by some media, which claimed China is using the pandemic as an opportunity to engage in mask diplomacy while countries are in need.
Source: Global Times | 2020/3/31 21:38:40

India needs to ramp up preparations to stem COVID-19 assault

Many have noted that it's probably a matter of time before COVID-19 sweeps across India, despite its 21-day national lockdown.
Source: Global Times | 2020/3/31 15:11:38

Global trading system must be maintained amid COVID-19 pandemic

While China has taken the lead in reining in the coronavirus pandemic and is steering toward restoring normalcy, the global spread of the virus is escalating day by day.
Source: Global Times | 2020/3/26 14:39:36

Fed focuses on short term, disregards long-term effects

The US Federal Reserve (Fed) on Sunday announced an interest rate cut and quantitative easing (QE) program, which shocked global markets.
Source: Global Times | 2020/3/17 22:23:11

US COVID-19 emergency plan not too late

US President Donald Trump recently declared a national emergency in response to the novel coronavirus (COVID-19) during a White House press conference. The widely expected move to prevent the spread of the virus in the country invoked powers granted under the Stafford Act to allow substantially increased federal aid to states and local governments.
Source: Global Times | 2020/3/17 0:23:40

China's 6 pct growth goal for 2020 remains the same

Since the outbreak of the novel coronavirus (COVID-19), media have expressed concern over the Chinese economy. COVID-19 may impact the domestic economy, but its fundamentals will remain unchanged. The engines that drive the domestic economy are just as powerful before the outbreak. The country will not have a problem achieving a 6 percent GDP growth in 2020.
Source: | 2020/3/16 1:14:29

Opening floodgates does not solve China's economic problems

The spread of the novel coronavirus pneumonia (COVID-19) has created a chain of panic worldwide, and the global market has felt the shock. Last week, the US stock market experienced one of its darkest moments since 2008. The Chinese economy has also been damaged due to the COVID-19. The Chinese government has issued a series of measures to help small and medium-sized enterprises revive and develop. These moves focused on short-term economic relief, but nothing like China's large-scale stimulus package in 2008.
Source: Global Times | 2020/3/1 21:23:33

Consumption rebound certain but efforts need to increase tenfold

The ongoing novel coronavirus pneumonia (COVID-19) epidemic has had a great impact on China's economy. In these circumstances, in order to accomplish this year's social economic goal and increase income for Chinese people, a strong rebound is needed for the Chinese economy.
Source: Global Times | 2020/2/26 15:36:09

China won't hold drug materials supply hostage against Washington

There has been some noise on social media over the possibility of China hammering the US by not selling it raw materials for the manufacturing of drugs. Such discussions are pointless. China will not interrupt its drug-related exports. Nor should other countries around the world do so.
Source: Global Times | 2020/2/25 21:23:41

Policies must address challenges of restarting factories

If appropriate policies are in place, the novel coronavirus pneumonia (COVID-19) impact on economic growth will be controllable. China's economic growth would be between 5.3 percent and 5.9 percent in 2020, depending on when the outbreak ends.
Source: Global Times | 2020/2/24 22:55:27

China should consider 4% fiscal deficit target to cushion virus impact

To cushion the economic impact of the coronavirus epidemic and maintain relatively fast growth in 2020, China should pursue more aggressive fiscal policies coupled with more relaxed monetary policies. The country should consider proposing an annual fiscal deficit target of 4 percent of the gross domestic product (GDP) and increasing its infrastructure investments.
Source: Global Times | 2020/2/21 16:07:41

Virus to move China up global healthcare supply chain

Combating novel coronavirus pneumonia (COVID-19) could trigger an earth-shaking change in the world's healthcare industry supply chain. China is set to expand its supply chain in the healthcare industry.
Source: Global Times | 2020/2/20 22:48:40

Flu outbreak reveals US' true colors

While people in China and around the world are actively cooperating to combat the novel coronavirus pneumonia (COVID-19) outbreak, some US politicians and media are making accusations against China, questioning the effectiveness of its response to the epidemic. However, the US sees frequent outbursts of influenza, and its government not only reacts with extremely low efficiency but also remains silent. The contrast has revealed a US double standard.
Source: Global Times | 2020/2/19 13:19:11

China to manage reasonable growth despite virus

China is unlikely to change its economic targets and aims keep growing within a reasonable range this year. The country's macro policy direction for the year is unlikely to change either, despite a potentially delayed national "two sessions" amid the fight against novel coronavirus pneumonia (COVID-19).
Source: Global Times | 2020/2/18 19:58:40

US politicians aim to turn COVID-19 combat into political war against China 'vicious'

Some US politicians, including Rick Scott, are trying to turn a public health disaster that nations should face together into a political war against China.
Source: Global Times - AFP | 2020/2/16 23:38:40

US' WHO funding cut plan amid epidemic exposes lack of responsibility

Just as the world is combating the novel coronavirus pneumonia (COVID-19), Ebola and locust plague in Africa, the US government seeks to halve its funding for the World Health Organization (WHO). It's selfish and indifferent moves once again clearly exposes a severe lack of international responsibility.
Source: Global Times | 2020/2/16 14:02:33

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