Monday, July 23, 2018

Hong Kong chief Carrie Lam pledges to strengthen ties with Shenzhen amid China’s ‘Greater Bay Area’ push

Hong Kong chief Carrie Lam pledges to strengthen ties with Shenzhen amid China’s ‘Greater...

Hong Kong’s leader pledged on Friday to enhance the city’s ties with near neighbour Shenzhen, as China marks the 40th anniversary of economic reform and opening up. Chief Executive Carrie Lam Cheng Yuet-ngor, wrapping up a one-day visit to the Guangdong city on Friday, said she would lead a delegation of 200 Hongkongers across the…
Anxious US farmers wait to see if Donald Trump’s China trade war will continue to take its toll

Anxious US farmers wait to see if Donald Trump’s China trade war will continue...

Many anxious American farmers are delaying purchases and investment while hoping for a truce in a US-China trade war that has left their crops at a competitive disadvantage overseas. The longer the Trump administration’s tariffs remain in place, the more China’s retaliatory tariffs against American exports stand to hurt US soybean and pork producers. President…
Sri Lanka accepts a US$1 billion, eight-year loan from China Development Bank

Sri Lanka accepts a US$1 billion, eight-year loan from China Development Bank

Sri Lanka has accepted an eight-year China Development Bank $1 billion syndicated loan to repay loans maturing this year, two top Sri Lankan Finance Ministry officials said on Friday. The bank was chosen from among four bidding for the loan, which the government plans to use towards repaying other loans, one official said. Sri Lanka…
For global investors, now is precisely the wrong time to overlook China’s market potential

For global investors, now is precisely the wrong time to overlook China’s market potential

Asia’s largest producer of giant windmills. The creator of Africa’s favourite cellphones. And the world’s most valuable artificial intelligence start-up. These are just some examples of the kind of firms that have popped up in China in recent years – the product of a gradual but epochal economic rebalancing that has seen low-tech, heavy-duty manufacturing…
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