Thursday, June 17, 2021
Malaysia’s exports are set to benefit from improving Chinese import demand and the electronics cycle, according to the Global Economic Outlook report from Oxford Economics. The report, which was commissioned by the Institute of Chartered Accountants in England and Wales (ICAEW), indicated that the speed of economic recovery will...
China topped the list of economies looking to invest in Thailand for the first time last year, overtaking Japan as its main source of foreign direct investment thanks to belt and road-linked projects, overspill from the US-China trade war and Thai government incentives. Applications from China – valued at 262...
China has unveiled a package of special policies for Hainan, including scrapping import duties, in an effort to turn the tropical island into the mainland’s answer to Hong Kong or Singapore and dampen the risk of decoupling with the United States.Beijing on Monday outlined its plan to make the...
Chinese companies are making waves in global earnings. Chinese companies involved in electric vehicles, healthcare, and e-commerce, in particular were among the world’s 500 most valuable non-state-controlled companies last year, in terms of both market value and numbers, according to Shanghai-based Hurun Research Institute. Led by Tencent Holdings and Alibaba...
Cathay Pacific CEO Rupert Hogg resigns in midst of Hong Kong protest controversy Cathay Pacific CEO Rupert Hogg resigned on Friday, ending a stormy week for the Hong Kong flag carrier after it was rebuked by Beijing over the participation of some of its employees in the city's festering anti-government...
Boris Johnson, Britain’s prime minister-designate, said his government would be very “pro-China”, in an interview with a Hong Kong-based Chinese-language broadcaster shortly before he was chosen to succeed Theresa May on Tuesday. Speaking to Phoenix TV, Johnson backed Chinese President Xi Jinping’s infrastructure-based Belt and Road Initiative and said...
China is set to play down the nation’s headline growth rate to highlight “growth quality” and “security” in its development plan for 2021-25 and beyond. President Xi Jinping chaired a gathering of the Politburo on Monday, and the body endorsed the country’s five-year plan for 2021-25 as well as...
More than 80 percent of China's SMEs are facing cash flow problems, according to a report issued by Fudan-Ping An Research Institute for Macroeconomy under Ping An Digital Economic Research Center and the School of Economics, Fudan University. SMEs in China have always faced issues with financing, and the COVID-19...
Hundreds of people have joined a mass sit-in at Hong Kong International Airport Friday evening in a fresh round of anti-government protests designed to secure international backing for the movement. Organisers were expecting thousands to show up, and hoped police would respect what they said would be a peaceful...
When the Wuhan coronavirus first emerged, most payed it no mind. It was brushed-off as a minor issue that would be easily resolved. Unfortunately, it has now become apparent that this new virus is a lot more serious than we first believed it to be. With more and more...
Tmall Global said it will expand its efforts to help international brands reach the China market, aiming to bring 1,000 new ones onto its e-commerce platform in the coming 12 months.The brand-incubation plan, announced through the livestreamed Tmall Global’s Global Partners Summit, is under the auspices of the $200...
China’s Central Bank said the country’s economy will swiftly return to its potential growth rate and there will be significant improvement in the coming three months. People’s Bank of China Deputy Governor Chen Yulu told reporters in Beijing, "Economic indicators will likely show significant improvement in the second quarter...

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