Five Chinese startups that survived a tough year of Covid lockdowns
[ad_1] A Kennon Robotics robot delivers food at a Haidilao hotpot restaurant in Shanghai on April 7, 2021. Qilai Shen | Bloomberg | Getty Images BEIJING — In a year…
Singapore to raise goods and services tax in January
[ad_1] Singapore’s goods and services tax will be raised to 8% in January 2023. Ore Huiying | Bloomberg | Getty Images Come Jan. 1, Singapore will raise its goods and…
Facing climate change, Asia farmers turn to risky microfinance loans
[ad_1] The “microfinance” industry — long touted as a way to help poor, rural communities in developing countries — is pushing tens of thousands of farming families into debt traps…
Investments could flow back into China as companies avoid U.S. delisting
[ad_1] Chinese e-commerce giant Alibaba was one of the 100 over companies that had faced the risk of delisting in the U.S. in 2024 if their audit information was not…
Rich Chinese keep spending while others cut back: McKinsey survey
[ad_1] Pictured here is a science-fiction themed installation at the Maison Hermes in Shanghai, China, on Nov. 28, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — Wealthier…
China property stocks surged amid warnings of weak reality, high expectations
[ad_1] China’s housing prices fell in October due primarily to falling prices in less developed, so-called Tier-3 cities, according to Goldman Sachs analysis of official data. Future Publishing | Future…
Alibaba’s international arm invests millions into South Korea expansion
[ad_1] Alibaba’s international e-commerce platform AliExpress has expanded in South Korea and Brazil, in addition to Europe. Pictured here is an AliExpress locker in Poland in July 2022. Nurphoto |…
K-pop ETF creator says Korean content is at an ‘inflection point’
[ad_1] K-pop girl group BlackPink performed at The Late Late Show with James Corden airing Thursday, April 18, 2019. (Photo by Terence Patrick/CBS via Getty Images) Cbs Photo Archive |…
China’s factory activity fell in October bogged down by Covid controls
[ad_1] China’s factory activity declined in October, official data showed Monday. Pictured here on Oct. 27, 2022, in Jiangsu province is an aluminum products company. Vcg | Visual China Group…
American companies increasingly look outside of China after Covid
[ad_1] Parts of Shanghai have faced intermittent restrictions on business due to Covid controls, even after a broader two-month lockdown ended in June. Vcg | Visual China Group | Getty…
China is set to convene a historic meeting on Oct. 16. Here’s what to expect
[ad_1] Chinese President Xi Jinping is widely expected to further consolidate his power at a twice-a-decade congress this fall. He is pictured here on July 1, 2022, at a swearing-in…