Retail sales in China still grew 8.1 percent
The S&P 500 has already given up all its gains from earlier in the year, and there’s precious little positive news to make businesses think that the market will bounce back any time soon. Underwhelming retail sales and industrial production … Continue reading Retail sales in China still grew 8.1 percent
Cambodia: One of the fastest-growing economies
Phnom Penh – The Asian Productivity Organization (APO) announced that it has handed over the Cambodia National Productivity Master Plan 2020–2030. The document and recommendations were handed to Cambodia’s Senior Minister of Industry and Handicraft Kitti Setha Pandita Cham Prasidh … Continue reading Cambodia: One of the fastest-growing economies
China 2019 : “Economic growth within reasonable range”
Beijing – China will keep its economic growth within a reasonable range next year, striving to support jobs, trade and investment while pushing reforms and curbing risks, the top decision-making body of the Communist Party, the politburo, said on Thursday. … Continue reading China 2019 : “Economic growth within reasonable range”
China : Accelerating the free trade zone strategy
Beijing – The Framework Agreement on Comprehensive Economic Cooperation Between China and ASEAN was signed in November 2002. It was China’s first free trade zone treaty that ushered in an FTZ era in the country. The CPC elevated free trade … Continue reading China : Accelerating the free trade zone strategy
South Chungcheong Province joins Coal Alliance
Bu-Yeo, South Korea -South Chungcheong, a province home to half of South Korea’s coal power generation, has joined the Powering Past Coal Alliance. Governor Seung-Jo Yang and UK Deputy Head of Mission Nik Mehta announced South Chungcheong province’s membership of … Continue reading South Chungcheong Province joins Coal Alliance
US-China trade war also endangers Taiwan firms
Taipeh – Taiwanese businesses are weighing up whether to move manufacturing operations from the Chinese mainland if the US trade dispute worsens. Such a move would be hugely expensive, but the island’s companies are likely to be one of the … Continue reading US-China trade war also endangers Taiwan firms
Singapore economy grew 3.6 percent
Singapore – Trade is Singapore’s lifeblood and a trade war would damage the international trading system that has sustained global economic growth for decades, Singaporean Prime Minister Lee Hsien Loong said here on Monday. In his annual May Day message, … Continue reading Singapore economy grew 3.6 percent
USA: Trump plans Trade War with China
Washington/Beijing – President Donald Trump will announce tariffs on Chinese imports on Thursday, a White House official said, in a move aimed at curbing theft of U.S. technology that is likely to trigger retaliation from Beijing and stoke fears of … Continue reading USA: Trump plans Trade War with China
U.S., Australia pledge stronger ties on economy
Washington – U.S. President Donald Trump met on Friday in Washington with visiting Australian Prime Minister Malcolm Turnbull. The official agenda: closer economic and security relations between the two countries. In a joint press conference, Trump applauded a century-long bilateral … Continue reading U.S., Australia pledge stronger ties on economy
Australia to host ASEAN special summit in March
Canberra – Australia will host the ASEAN-Australia Special Summit in 2018, Prime Minister Malcolm Turnbull announced Thursday in a statement. It will be the first time that Australia hosts an ASEAN summit of any kind. In a joint statement with … Continue reading Australia to host ASEAN special summit in March