The threat of a full-fledged trade war between China and the US might have receded thanks to the recent Sino-US trade talks. But many still fear China would suffer a bigger blow if a trade war indeed breaks out because it relies heavily on the US to keep its enormous export operation going.
Our Regional Economic Outlook suggests a strong global and regional growth momentum. But there are also clouds on the horizon for which all need to prepare and now is the time to do it. China's reforms have stabilized the economy and progress has been made in financial deleveraging. Key will be to stay the course.
On May 3, Japan observed the 71st anniversary of its Constitution that went into effect in 1947. Despite strong opposition from people at home and abroad, Japanese Prime Minister Shinzo Abe is eager to amend the Constitution that, in his words, was imposed by the United States on Japan after the end of World War II.
China's broad money supply maintained a low growth rate of 8.3 percent in April, along with flat new yuan loan expansion even as policymakers continued financial deleveraging, according to data from the People's Bank of China, the central bank, on Friday.
Zhejiang Geely Holding Group said it is mulling an initial public offering for Volvo Cars, a Swedish carmaker it bought from Ford in 2010.
Growing competition from online e-commerce firms is prompting China's top brick-and-mortar retailers to expand their online presence rapidly, even as smaller format retailers continued to gain strength, notwithstanding their digital challenges and rising costs, a new survey said.
Smartphone maker Coolpad has taken technology giant Xiaomi to court and into the spotlight over alleged patent infringements, a move timed alongside China's ramping up of intellectual property rights protection.
Abu Dhabi Global Market, an international financial center located in the capital city of the United Arab Emirates, launched its first overseas office in Beijing on Friday to spur liquidity and capital inflows into the Middle East and China.
WeDoctor Holdings, a medical care portal backed by Tencent Holdings Ltd, will partner with Hong Kong-based insurer AIA Group Ltd to offer insurance products and other services as competition intensifies in China's online healthcare industry.
Huawei Technologies Co Ltd, the world's third-largest mobile phone maker, is taking a major step toward commercializing blockchain technology with the release of a bitcoin wallet on its AppGallery.
Everything appears to be rosy ahead of the planned meeting between US President Donald Trump and Democratic People's Republic of Korea leader Kim Jong-un.