ASIA: China ‘s powerful State Council has decided to waive some business contributions to social insurance plans through June, and emphasized that “stable employment” must be a priority. The policy moves also come as the country begins a gradual return to work in manufacturing, technology, and other major industries. China Passenger Car Association (CPCA) […]

ASIA: A meeting is being planned between US President Trump and Indian executives, especially those focusing on job creation and manufacturing in the United States, on February 25 when President Trump visits India. Vodafone’s Indian business Vodafone Idea Ltd reported its sixth straight quarterly loss. Revenue fell 5.8% to 1.55 billion USD in the reported […]

ASIA: China’s central bank has declared the country’s economic health as their first priority. President Xi Jinping has reportedly warned the country’s top officials that coronavirus containment efforts are hurting the economy. President Xi Jinping told officials during a February 3 meeting to balance their economic duties with their humane responsibilities. The pressure is on […]

ASIA: India’s Ministry of External Affairs offered help to evacuate Pakistani students from the epicenter of the deadly coronavirus outbreak in China’s Wuhan after Pakistan refused to evacuate its citizens from Wuhan. In a statement released by India’s Foreign Affairs Ministry, India’s Foreign Minister S Jaishankar told Indian Parliament on Friday that when India sent […]

ASIA: Hong Kong announced that any travelers from mainland China will be faced with a 14-day quarantine period before being allowed into the country. Carrie Lam, Hong Kong’s Chief Executive, said the measure will be in effect at midnight on the 8th of February. The virus has now affected around 25,000 people globally and deaths […]

ASIA: Coronavirus, a pneumonia-causing virus, is beginning to disrupt the Chinese economy although it’s unclear whether the impact will extend to the full year. This is likely to push China to step up stimulus to counter the disruption in the economy. China’s Ministry of Finance said that as of 5 PM on Wednesday that finance […]

ASIA: Consumption, healthcare, and technology are three sector key sectors for investing in China, said Chairman and CEO of CITIC Capitals on Tuesday at the World Economic Forum in Davos, Switzerland. Chinese consumption is growing faster than GDP, making the sector a bright spot for investing. Zhang said that healthcare is an important sector as […]

ASIA: Many business leaders at the World Economic Forum raised concerns over whether the latest round of trade negotiations between China and US will result in a “phase two” deal before the end of President Donald’s first term. The biggest roadblocks that leaders identified for the phase two deal are US tariffs on Chinese goods […]

ASIA: After more than two years of rising tension, the US and China have signed a deal aimed at calming trade frictions. The agreement has been hard-fought, but it is unclear how much economic relief from their trade war it will offer. Tariffs will largely remain in place. Analysts say it’s unlikely that the deal […]

ASIA: President Trump’s trade war with Beijing reduced the US’ trade deficit with China last year, although Chinese manufacturers still export far more to the US than vice versa. China’s widening surplus provided ready ammunition to the Trump administration as it placed round after round of tariffs on the country’s goods to get Beijing to […]