Hyundai suspends all assembly lines in S. Korea over parts shortages
SEOUL, Feb 7, 2020, Yonhap. Hyundai Motor Co., South Korea’s biggest carmaker by sales, on…
China
The People’s Republic of China is an economy of 1.3 billion people. When it joined APEC in 1991, it had a real GDP of USD 906 billion and a per capita GDP of USD 788. Today it is the second-largest economy in the world. By 2016, its real GDP has risen to USD 9.5 trillion, while its per capita GDP increased nine-fold to USD 6,800.
Abe orders gov’t to take steps to mitigate virus impact on economy
TOKYO, Feb 7, 2020, Reuters. Japanese Prime Minister Shinzo Abe has ordered his government to…
Thai minister says kick out ‘Western’ tourists not wearing face masks
BANGKOK, Feb 7, 2020, AFP. Thailand’s health minister lashed out at “Western” tourists on Friday…
[Analytics] As China sneezes, global economy gets the chills
The coronavirus outbreak in China, which started in the city of Wuhan, has had analysts…
Face masks made mandatory in Russia’s Khabarovsk to prevent coronavirus spread
KHABAROVSK, Feb 7, 2020, TASS. Khabarovsk has made the wearing of face masks obligatory to…
Role for private investors in Vietnam infrastructure is growing: Report
HANOI, Feb 7, 2020, The Business Times. With Vietnam’s rising need for infrastructure, private investment…
No plan to bar cruise ships from entering the Malaysia: Transport minister
KUALA LUMPUR, Feb 7, 2020, Bernama. The Transport Ministry has no plan to bar the…
Britain’s third coronavirus case was infected in an Asian country other than China
LONDON, Feb 7, 2020, Reuters. A British national who was the country’s third confirmed coronavirus…
Japan reports 41 more positive cases on cruise ship, total cases on Diamond Princess now 61
TOKYO, Feb 7, 2020, The Straits Times. A total of 61 people on board a…
Indonesia’s thirst for biodiesel may undercut global palm oil supply
JAKARTA, Feb 6, 2020, Jakarta Globe. The Indonesian Palm Oil Association, or Gapki, said on…
[Analytics] China virus infects Myanmar Belt and Road plans
In mid-January, Chinese President Xi Jinping made a historic visit to Myanmar with a pocket…
Vietnam’s trade with China hits $8.29B in January
HANOI, Feb 6, 2020, VNA. Vietnam’s trade with China last month reached 8.29 billion USD,…