Global Times (@globaltimesnews)
@globaltimesnews
China's national English language newspaper, under the People's Daily. Apps:
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Chinese brands are gaining ground in South Korea, from electric vehicles (EVs) and smart devices to tea drinks and cosmetics, highlighting stronger competitiveness and a broader shift in bilateral ties toward more horizontal competition and cooperation amid closer, mutually beneficial economic engagement, Chinese analysts said.
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An analyst said that China’s steady rise in net external assets and its continued improvement in global ranking is not the result of short-term data fluctuations, but rather the long-term realization of the country’s comprehensive economic strength, financial stability and diversified overseas investment.
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Japan has slipped to third place among the world’s largest net creditors in 2025, overtaken by China, marking another decline in global rankings after losing the top spot to Germany in 2024, according to media reports, citing latest data released by Japan’s Ministry of Finance on Tuesday.
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Japan has slipped to third place among the world’s largest net creditors in 2025, overtaken by China, marking another decline in global rankings after losing the top spot to Germany in 2024, according to media reports, citing latest data released by Japan’s Ministry of Finance on Tuesday.
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There is no doubt #China# will continue to be a major driving engine of the world economy during the country’s 15th Five-Year Plan period (2026-30). AI can also be a game changer, not only for China, but for the rest of the world. So China’s weight in the global economy will be higher, the founder of the Reinventing Bretton Woods Committee told GT.
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Top 100 US companies operating in the Chinese market achieved total revenue of $362.2 billion in 2025, up 1.2 percent, as China became the second-largest global revenue market for approximately half of those enterprises, according to a survey released by the Hurun Research Institute on Monday. The survey stressed that the US business community is no longer content with merely “gaining access” to the market, but is increasingly focused on deepening commercial cooperation.
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