Hong Kong’s premier position has weakened in the past year as it was rocked by months-long civil unrest and hit by economic recession amid pandemic. ( read original story …)
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With Shenzhen poised in the wings, is Hong Kong’s time in the sun over after protests, Covid-19 pandemic and US-China row?
Jiangmen needs a signature company like Shenzhen’s Tencent to thrive as a Greater Bay Area industrial base, Colliers says
The manufacturing city in the west of the bay area is attracting new businesses as it modernises, but it needs a ‘core industry’, says Bryan Chan of Colliers. ( read original story …)
SMIC shares sink, U.S. ban worries cloud China’s hopes for chip self-sufficiency
China’s biggest chipmaker SMIC plunged a fifth on Monday in response to news of potential U.S. sanctions against the company, wiping $28 billion off its market value and prompting analysts … ( read original story…
Improvement in China’s trade data, but there is turbulence ahead, says economist
China’s exports are strong, but imports are lagging as domestic consumption continues to be rather weak, says Gary Ng, Asia-Pacific economist at Natixis. ( read original story …)
China’s strong exports growth in August would boost the country’s growth in second half of 2020
However, China’s export growth may not be sustainable as it has been boosted by demand for personal protective equipment and work-from-home items during the pandemic, says Bo Zhuang, chief China … ( read original story…
China’s Exports Rise at Fastest Pace in Nearly 1-1/2 Years as Economies Reopen; Imports Slip
China’s exports rose for the third consecutive month in August, eclipsing an extended fall in imports, as more of its trading partners relaxed coronavirus lockdowns in a further boost to the recovery … ( read…
Asia Today: Beijing holds trade fair, hot spots see declines
Organizers reported strong turnout at an event in Beijing billed as the first hybrid online and in-person trade show staged since the coronavirus pandemic began. A total … ( read original story …)
Beijing show goes on — but not with execs
Delayed from late April, the Beijing auto show is set to begin on Sept. 26, making it the sole survivor, so far, of all the major international auto exhibitions canceled this year because of the…
Live-stream shopping in China could be worth $170 billion this year. But it’s a tough market to crack
A rising class of creators in China are racing to get in on live-stream shopping, an emerging form of retail that has become an estimated $66 billion industry. ( read original story …)
China to hold more military drills off northeast, east coasts
China will hold further military exercises from Monday along its northeast and eastern coast, the government said, the latest in a series of unusual back-to-back drills against a backdrop of rising … ( read original…
China Evergrande Offers 30% Discount to Boost Property Sales
China Evergrande Group kicked off a nationwide sales promotion with a 30% discount on all real estate properties as the developer tries to boost sales and meet its target of cutting debt by half. (…
China August exports rise 9.5% y/y, beat forecasts; imports down 2.1%
China’s exports in August rose at a faster-than-expected pace, increasing by 9.5% from a year earlier, though imports dropped 2.1%, customs data showed on Monday. China posted a trade surplus of … ( read original…
China says August exports beat expectations, jumping 9.5% from a year ago
China’s dollar-denominated exports rose 9.5% for the month of August while imports fell 2.1% in the same period, data from the country’s General Administration of Customs showed on Monday. ( read original story …)
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