Locals have reacted enthusiastically to a government directive forbidding self-employed foreign nationals from undertaking work in 10 small-business categories.
With more Chinese travelling and investing globally, their spending habits are notably eye-catching.
Since the first half of this year, with the deepening of regional integration and urbanisation entering the stage of inventory development, the degree of economic slowdown in some third- and fourth-tier cities in China has worsened.
Royal government encourages further partnerships to develop tracks in search of more value
Eleven years after the global financial crisis, the European banking industry is once again preparing for tough days ahead. After Deutsche Bank announced a large-scale layoff plan not long ago, another large European bank might follow suit to do the same.
Trade wars are ringing alarm bells across the globe and the Southeast Asian region is not spared. Besides the prolonged trade war between the US and China, which will impact the Asean region, there are other trade woes on the horizon.
John Chen, president of the reinsurance company in Swiss Re China, said at the Summer Davos Forum that the “future belongs to China, and the entire Swiss Re regards China as a strategically important market.
In the process of moving towards developed countries, developing countries inevitably would go through the phase of middle income traps. With China’s economic growth and rising national wealth, the nation attempts to bypass the middle income trap to become a developed country.
Aiming to have a final deal by the end of 2019, negotiators gathered in Siem Reap for the seventh Regional Comprehensive Economic Partnership (RCEP) Intersessional Ministerial Meeting on March 2, 2019.
It was a boost for H&M, which reported weak earnings in the past three years. Retail experts were unanimous in their opinion.