China: Bilateral relationship with U.S. under pressure
Beijing – China said Friday its relationship with the United States had experienced serious difficulties, but they should work in accordance with the consensus reached by the two countries’ leaders to push forward a stable bilateral relationship. Chinese Vice Foreign … Continue reading China: Bilateral relationship with U.S. under pressure
Berlin: Urban-Rural Transformation seminar
Berlin – The number of people living in urban areas in China exceeded 50% for the first time in 2012. By 2017, this had reached as much as 58% and in approximately the next 13 years, a further 300 million … Continue reading Berlin: Urban-Rural Transformation seminar
Burberry goes China with help of Tencent
Shenzhen – British luxury brand Burberry (BRBY.L) has joined forces with China’s Tencent (0700.HK) for a new digital marketing and sales push to tap the nation’s increasingly social media savvy shoppers in a critical luxury market. Burberry said it will … Continue reading Burberry goes China with help of Tencent
Panasonic selling chip-making biz to Taiwan
Osaka/Taipei — Panasonic is selling its loss-making semiconductor business to Taiwan’s Nuvoton Technology, leaving an industry that it first entered almost 70 years ago. The sale will close a chapter in Japan’s transition from a chipmaking powerhouse with a nearly 50% … Continue reading Panasonic selling chip-making biz to Taiwan
India: SoftBank’s next big crisis ?
New Delhi — In India, tech startups have been caught in SoftBank’s cycle of overfunding, bloated valuations and vague paths to profit. Some, sensing danger, have corrected course. Others may hold the seeds of the investment giant’s next crisis. (Nikkei)
Japan: Lowest birth rate in 30 years
Tokyo – Japanese births are on pace for the steepest drop in three decades despite earlier hopes that couples would ring in the new Imperial era with an addition to the family. The number of Japanese babies born in the … Continue reading Japan: Lowest birth rate in 30 years
Alibaba listing secures Hong Kong’s financial status
Hong Kong – Alibaba’s blockbuster stock listing in Hong Kong on Tuesday shows that the territory is still Asia’s premier financial hub, despite ongoing protests. But this political turmoil is also pushing Beijing to further build up Shanghai and Shenzhen … Continue reading Alibaba listing secures Hong Kong’s financial status
Japan: Crack-down on illegial fishing
Tokyo – Seafood sold in Japan will need official proof of origin under measures planned for the early 2020s as one of the world’s leading marine product importers takes aim at poaching that has decimated fish populations. Tokyo’s crackdown on … Continue reading Japan: Crack-down on illegial fishing
Germany: Chinese growth engine stalls
Berlin – For three decades, China’s burgeoning demand for German cars, machines and engineering tools has been a steady engine of growth for Europe’s largest economy, gratefully championed by successive governments in Berlin.But the engine is starting to splutter. China’s … Continue reading Germany: Chinese growth engine stalls
China will respect Taiwan’s way of life
Beijing/Taipei – China will “fully respect” Taiwan’s way of life and social system once it has been “peacefully reunified”, as long as national security is protected, the ruling Communist Party said on Tuesday, in another overture to the self-ruled island. … Continue reading China will respect Taiwan’s way of life