China: European Chamber for balanced dialogue
BEIJING – At the 8th Global Think Tank Summit, organized by the China Centre for International Economic Exchange in Beijing, European Chamber Secretary General Adam Dunnett commented on the changing picture of global supply chains, from efficiency to resilience: “European … Continue reading China: European Chamber for balanced dialogue
China’s Rural Banking Crisis: A Ticking Time Bomb
BEIJING – In the vast expanse of China’s rural landscape, a silent crisis brews within the financial sector. The country’s smallest banks, once the backbone of local economies, are now teetering on the brink of collapse. These rural banks, numbering … Continue reading China’s Rural Banking Crisis: A Ticking Time Bomb
ASEAN-China Think-Tanks Convene in Da Nang
DA NANG – The Network of ASEAN-China Think-Tanks (NACT) Working Group Meeting took place on July 6th in Da Nang, focusing on the theme of “ASEAN-China Collaboration on Industrial and Supply Chains.” Scholars from ASEAN Member States and China gathered … Continue reading ASEAN-China Think-Tanks Convene in Da Nang
China Leads Global AI Revolution: 83 percent Adoption
CARY, NORTH CAROLINA / BEIJING – In an era where artificial intelligence (AI) is reshaping industries and economies, China has emerged as a frontrunner in the AI revolution. A groundbreaking study by SAS, a leader in analytics software, has unveiled … Continue reading China Leads Global AI Revolution: 83 percent Adoption
Google’s Strategic Expansion: US$2 Billion for Malaysia
KUALA LUMPUR – In a landmark move that underscores the growing importance of Southeast Asia in the global digital economy, Google, a subsidiary of Alphabet Inc., has unveiled plans to invest US$2 billion in Malaysia. This investment is earmarked for … Continue reading Google’s Strategic Expansion: US$2 Billion for Malaysia
Vietnam’s F&B sector: A market on the rise
HANOI – The Vietnamese food and beverage market (F&B) is experiencing rapid development, driven by profound socioeconomic changes. A growing middle class, advancing urbanization, and a shift in consumer preferences have led to unprecedented growth. In particular, the demand for … Continue reading Vietnam’s F&B sector: A market on the rise
Laos Summit: Sustainable Future through Innovation
VIENTIANE – In the heart of Vientiane, a pivotal event unfolds today under the theme Vientiane Summit Champions MSMEs: A Sustainable Future through Innovation and Resilience. This regional summit, a hallmark of Lao PDR’s ASEAN 2024 chairmanship, has convened stakeholders … Continue reading Laos Summit: Sustainable Future through Innovation
Habeck initiates negotiations on EU punitive tariffs
BEIJING – During his current visit to China, German Minister of Economic Affairs Robert Habeck has initiated discussions with EU Trade Commissioner Valdis Dombrovskis about the commencement of negotiations on the punitive tariffs on Chinese electric cars considered by the … Continue reading Habeck initiates negotiations on EU punitive tariffs
The Dawn of AI: Navigating the New Workforce Horizon
NEW YORK – In a groundbreaking shift, 61 percent of large U.S. firms are poised to replace significant portions of their workforce with artificial intelligence (AI) within the next year. This strategic move heralds a transformative period for the labor … Continue reading The Dawn of AI: Navigating the New Workforce Horizon
Malaysia: New Container Port for Global Trade
KUALA LUMPUR – In a bold move to strengthen its position as a central maritime hub, Malaysia has announced plans to construct a cutting-edge container port in the state of Negeri Sembilan, strategically located on the western coast of the … Continue reading Malaysia: New Container Port for Global Trade