“It is just a matter of time some of the biggest Middle East companies will launch initial public offerings (IPOs) raising funds in Hong Kong,” she said, adding that the emergence of mainland China’s industry leaders on the city’s bourse...
Rarely do assessments of an economy’s performance and potential diverge as sharply as when it comes to China. Even as some economists laud China’s past achievements and future prospects, others fixate on presumed flaws in its development model and suggest...
Strong consumer spending drives another import upgrade from US retailers The National Retail Federation has once again increased its forecast for imports into the 2024 peak shipping season, saying consumer spending remains strong despite geopolitical turmoil and stubbornly high inflation....
Exporters in Zhejiang and Guangdong provinces said payments from Russia can still be received in yuan through BOC, albeit delayed, after they were told to switch to the Chinese currency this year.“We were notified that we must change to the...
A construction services firm under Comac’s parent company said on Monday that it had secured a bid to build a “phase two” aircraft construction zone spanning 330,000 square metres (3.55 million sq ft) in Shanghai. The project was also said...
The prevailing view at Bretton Woods rejected the laissez-faire argument that free markets automatically provide full employment. It was believed that public institutions must intervene in difficult times. Delegates established two institutions to support an open global economy and institutionalise...
“Each of the cities in the Greater Bay Area boasts different edges and is positioned differently. There’s a wide spectrum of possibilities for collaboration.”The bay area refers to Beijing’s ambitious plan to transform Hong Kong, Macau and nine mainland Chinese...
A Hong Kong bar operators’ group has launched a lucky draw with HK$500,000 worth of prizes as part of its efforts to tackle slumping business, but a nightlife magnate has urged industry players to look beyond such “desperate” moves and...
US rail unions have opposed measures that would allow Mexican crews to take trains across the border because they are reluctant to relinquish jurisdiction on transits within southern Texas. READ SOURCE...
After meeting President Xi Jinping at Elysee Palace on Monday, French President Emmanuel Macron welcomed Beijing’s commitments to “refrain from selling any weapons or aid” to Russia and to “strictly control” sales of products and technologies that could be used...
