China, home to 1.4 billion people and a country with a huge reliance on its workforce made its way to become an economic giant with the help of their massive population. Their demographics has made them what they are today.
Nearly 40 years ago, before the initiation of economic reforms...
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...
Hong Kong economy shrinks for first time in a decade
The Hong Kong economy's first recession in a decade deepened in the fourth quarter of 2019, weighed down by anti-government protests and the US-China trade war. Last year was the worst for Hong Kong's growth since 2009, when the financial...
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...
Recently, OneSME, a cross-border digital trade platform for SMEs in Singapore and China, was launched in order to facilitate trade more easily between SMEs of the two nations.
OneSME will connect business-to-business (B2B) platforms in the two countries to help local SMEs expand their overseas reach and tap significant demand...
Singapore closes borders to all Chinese travellers to stem spread of coronavirus
Singapore will close its borders to all new visitors from mainland China, including foreigners who have been there within the past 14 days.
It will become the first Southeast Asian country to do so in a bid to stem...
At the moment with the never ending sight of the pandemic waning away, obviously there's a high degree of uncertainty in the world.
For some though, in this unprecedented time, it's the perfect opportunity to start a business. Historically, after every financial crisis, innovation and creativity tends to spark new...
China's public and private sectors are set to spend 10.6 trillion yuan (US$1.6 trillion) through 2025 to develop next-generation infrastructure, including the 5G network and electric-vehicle charging stations. This is especially important for the economic juggernaut as trade friction with the US looks likely to continue despite the change...
Recently, NIO, a Chinese automobile manufacturer, has launched a mass production electric car with what could be the world’s farthest driving range, as it ups the ante with Tesla for customers in the largest market for new-energy vehicles on the planet.
The competition is truly heating up now in China’s...
China’s President Xi Jinping is enlisting the financial sector in a war against a virus outbreak that has killed more than 500, mobilising lenders, brokerages and fund managers to pump resources into stricken parts of the economy.
Answering Beijing’s call, banks are rushing to offer virus-fighting loans at ultra-low rates,...
Manufacturing activity in China rebounded in May, driven by a jump in output as companies resumed production after the country's COVID-19 lockdown.
The Caixin China General Manufacturing Purchasing Managers’ Index (PMI), which gives a snapshot of the country’s manufacturing sector, rose to 50.7 from 49.4 in April. A number above...
As global supply disruptions and fresh Covid-19 cases hit businesses and consumer spending, Japan's economy contracted much faster than expected in the third quarter, raising challenges for the new government's growth plans.
While many analysts expect the world's third largest economy to rebound in the current quarter, worsening global production...
