China to unleash huge growth potential with new economic drivers
BEIJING, Mar 7, 2019, Xinhua. Downward pressure on the Chinese economy has worried global investors,…
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.
[Analytics] China to make forced technology transfer illegal as Beijing tries to woo back foreign investors
Issue a key demand made by US President Donald Trump as part of the ongoing…
President Moon calls for joint action with China to reduce fine dust
SEOUL, Mar 6, 2019, Yonhap. South Korean President Moon Jae-in ordered his government Wednesday to…
US flies B-52 bombers over South China Sea
MANILA, Mar 6, 2019, PhilStar. The US Air Force recently flew long-range bombers over the…
China’s national legislature starts annual session
BEIJING, Mar 5, 2019, Xinhua. The 13th National People’s Congress (NPC), China’s national legislature, opened…
[Analytics] Tariff war cost US companies and consumers US$4.4 billion a month in 2018
Economists find those who were exposed to the duties overseas ‘paid none of the bill’…
Asian markets mostly down, Shanghai cheered by tax cuts plan
HONG KONG, Mar 5, 2019, AFP. Most Asian markets retreated today as investors awaited fresh…
China lowers growth target to 6-6.5%, the slowest pace in nearly three decades
BEIJING, Mar 5, 2019, The Straits Times. China will aim for a lower growth target…
China loan process in Philippines different from other countries
MANILA, Mar 5, 2019, PhilStar. Compared to other lending countries, China has a different process…
[Analytics] China keeps lid on military spending for fourth year in a row
Defence budget’s annual increases have slowed to single digits since 2016 after cuts in personnel…
China to run driverless maglev trains at 200 kph in 2020
BEIJING, Mar 4, 2019, Xinhua. China will roll off a new generation of self-developed driverless…
Huawei CFO suing Canada, its border agency and the RCMP
TORONTO, Mar 4, 2019, AP. An executive of Chinese tech giant Huawei is suing the…