The Rise of China＇s Global Companies

THE rise of individual Chinese companies to leadership positions in global competition is already well known. Lenovo is the world＇s largest PC producer. Haier is the world＇s largest household goods manufacturer. Huawei is the second largest producer of telecommunications equipment. Forbes magazine ranked ICBC as the world＇s overall number one company in 2013 by combined revenue, assets, profits and market capitalization.     

The Terror Epidemic

正Until the international community unites,stopping terrorism is impossible The year 2015 could be remembered as the year in which terrorism was coordinated on a global scale,with targets ranging from Africa to Asia,Europe and across the Middle East.Many events,such as the downing of a Russian airliner in Egypt,the horrifying series of attacks in Paris on two occasions,and the hostage abduction in Mali’s Bamako,have resulted in heavy casualties of innocent people.     

Ten Years after China＇s Accession to the WTO： Dancing with the World

In the run up to and the period after China’s accession to the WTO in 2001, "the wolf is coming" became a catchphrase among business and academic circles, re? ecting people’s fear of the coming global competition. In response to the new market landscape in the mak- ing, Chinese government and enterprises began to study WTO regulations and laws. China’s top leaders including President Jiang Zemin and Premier Zhu Rongji gave lectures to provincial governors on WTO-related topics.     

Caution Needed When Analyzing China's Economic Trajectory

正How can one assess China’s economic new normal in the midst of the global economy’s mediocre performance?The market is torn on the issue,and the conclusions one might arrive to when considering these factors may clash with other people’s perspectives.Following Moody’s revised outlook of China’s government credit ratings from stable to negative on March 2,the inter-     

STILL PULLING ITS WEIGHT

<正>Despite recent market turbulence and prolonged slowdown,China is still the backbone of global growth The sheer size of China’s market means that its suffering is the world’s suffering.There’s no better evidence for the expression than what happened in August—China’s stock market rout rattled investors abroad and     

Blazing a New Trail Across the Pacific

This year marks the 40th anniversary of Nixon’s ice-breaking trip to China and the issuing of the First Joint Communiqué between the United States of America and the People’s Republic of China in Shanghai. Development in the past few decades has seen these two big powers increasingly bound by common interests and shared responsibilities in bolstering the sustainable growth of mankind and fighting global crises.     

MARKET WATCH

OPINION A New Momentum of Growth The financial crisis deriving from the United States in 2008 has not only trapped the global economy in a cycle of recession, but also greatly changed the structure of the global financial market. This change has also expanded to China. China’s financial market has transformed from a traditionally bank-dominated one to a     

RIO GAMES,MADE-IN-CHINA

正Chinese enterprises vie to penetrate the global market through the 2016 OlympicsOn the morning of August 6,hundreds of millions of Chinese sprung out of their beds excitedly to watch the Olympics Opening Ceremony held in Rio de Janeiro.Apart from the ebullient samba and super model Gisele Bündchen’s stunning     

Sci-tech Info

Lenovo Aims to Become World Number One Two years after it bought IBM’s PC business, Chinese computer manufacturer Lenovo set itself the goal of becoming the world’s number one PC brand within five years. By now, Lenovo has expanded its presence in 60 countries, and has set up branches in 60 of those.     

Emerging Markets Will Be Hurt by the End of QE

At the recent central bank governors’meeting a debate was launched over the Federal Reserve’s possible end to quantitative easing(QE).The Fed simply turned a deaf ear to voices concerned about the impact on emerging markets.The QE adopted after the 2008 global financial crisis will come to an end,which will exert a deep influence on the global economy,the financial market,the pattern of international capital flow,and emerging economies in particular.Reviewing history from the 1980s to 2007,moments of crisis in emerging countries were closely linked to policy changes by the Fed,and     

A Diversifying Landscape

正The election of Britain’s first Muslim mayor has profound implications British-Pakistani Sadiq Khan,the Labour Party candidate,was elected as the new Mayor of London on May 8.Khan’s victory has set two records in Britain and Western Europe.He has become London’s first mayor to come from an ethnic minority background,and he is also the first Muslim mayor to head a famous European metropolis.     

Chinese-funded Banks Enter the City of London–A Win-win Choice

正ON the back of China’s extraordinary economic growth,Chinese-funded banks have brought the country closer to its ultimate goal to"go global."The breakout and spread of the international fi nancial crisis challenged Chinese-funded banks,but at the same time brought unprecedented opportunities.The U.K.’s trade in the realm of fi nancial services–second only to the U.S.–gives it a clear competitive edge.     

Homegrown Giants

<正>China’s smartphone makers OPPO and VIVO shake up global competition China’s smartphone arena was dominated by OPPO in 2016—the company stood atop its competitors with 16.8 percent of the market.Started by China’s BBK Electronics in 2004,OPPO shipped 78.4 million units in2016,up 122.2 percent year on year,according to the worldwide Quarterly Mobile Phone     

Premier Li Keqiang's U.K. Visit

正Chinese Premier Li Keqiang’s four-day trip to Britain in June is expected to energize the China-Britain comprehensive strategic partnership,which sees its 10th anniversary this year,and whose strategic,reciprocal and global signif icance continues to grow.The trip,Li’s f irst to Britain since taking off ice in March last year,marks another major diplomatic event between China and Europe following President Xi Jinping’s Europe tour in late March.During his visit the Chinese premier met with Queen Elizabeth II     

Europe Needs to Learn from China

FOUR years into the international financial crisis,it’s clear that the economic policies followed in Europe to deal with the crisis have failed.Realization of this has now led to major political changes in Europe,epitomized by the outcome of the French and Greek elections.The Financial Times,one of the world’s leading newspapers,considered these events so significant that it headlined its lengthy review of them "Seven Days Which Shook Europe."A key reason Europe’s policies have failed to solve the economic problems that arose from the financial crisis is that there has been a consistent     

Vice Premier Huang Ju Meets with Mr. William Rhodes, Vice Chairman of Citigroup U.S.

Vice Premier Huang Ju spoke highly of the work Citigroup had done to promote cooperation in capital market and financial institutions be- tween the two countries, say- ing that as a friend of China, Mr. Rhodes has put forward many valuable suggestions on China’s economic development and financial reform. He hoped that this friendly relationship could be kept in the future. He also advised Mr. Rhodes to get more information from and ex- change views with the People’s Bank of China, the B…     

Gas Trade for The Better

<正>Natural gas is key to securing China's energy supplies Securing energy imports is particularly important to the economic development and social stability of China,the world’s largest industrial nation and exporter,while natural gas is also the key product in the nation’s energy imports.In the global market,natural gas has become the fossil fuel with the fastest-growing demand since the 1980s,possessing twice the     

The Risks Are Looming

China’s real estate market has polarized,and the government needs to take action Selling season is in full swing in China’s real estate market.According to statistics from China Index Academy,the research arm of Soufun,China’s largest property website,the average price of new homes in 100 major Chinese cities rose 1.07 percent in September     

Lenovo Wrestles Dell on the Mainland

COMPETITION in the Chinese mainland between the world's number one PC maker, Dell, and China's leading computer manufacturer Lenovo has never been fiercer. Aggressive advertising campaigns are intensified by bouts of verbal jousting, and some top-level employees have even jumped ship. Dell entered the Chinese market in 1998, and in eight years, it has managed to grab a 10 percent share of the local market. Competition between the two heavyweights in the Chinese arena is best summed up as a wrestling match involving their operational modes and commercial cultures. What are the effects on the ground?     

Pension Funds Are Not a Straw for Stock Markets to Clutch at

正As pension funds will soon be permitted to invested in stock,the market is highly expectant that they will expand the source of funds in China’s A-share market.However,when it comes to pension funds,which are special in nature,safety should come first once they are invested in such markets.For China’s A-share market,the significance of pension funds lies in offering a new long-term and steady investment source,rather than merely a short-term market increase.In the mid and