The measure shows the central government sees finance as a support mechanism for the real economy, not a stand-alone profit centre.
Asian countries may suffer setbacks in their manufacturing ambitions if they aren’t able to produce more sustainably from the start and decarbonise rapidly.
Unlike in Japan, Australia’s restrictive planning rules and housing policy constrain the market’s ability to respond to rising demand.
New-found interest of financial professionals and corporate leaders in conservation is welcome surprise as city updates biodiversity strategy.
The US market may be closed to it but China can shape development in Africa – as a developer and operator of solar energy projects.
While many investors would love to gain exposure to Asia’s data centre sector, few are willing or able to deal with its associated risks.
If Western countries want to enter the house the Brics nations are building, it would have to be as genuine partners rather than would-be landlords.
Japan has squandered its chances to properly raise interest rates, abandon the weak yen policy and put strong reforms in place.
China’s struggles are injecting uncertainty into its neighbours and forcing reassessments when the geopolitical scene is already strained.
Faced with climate change, geopolitics and evolving consumption patterns, too many businesses are headed for extinction in the coming decade without reinvention.
If India is to successfully double the size of its economy by 2030, the only viable path is raising the number of women in the workforce.
Investors overlook the Philippines, but Southeast Asia’s fastest-growing economy is attractive, affordable and has more potential to unlock.
Hongkongers flocking to the mainland, a strong Hong Kong dollar and sharper competition weigh heavily on local retailers’ fortunes.
Beijing’s forceful measures to stem the crisis in the housing market have contributed significantly to the improvement in sentiment around Chinese stocks. The recovery remains vulnerable without meaningful improvement in confidence in the housing market, but investors have reason to hope.
O’Donnell feuded with ex president Donald Trump and his notorious fixer – then Michael Cohen went to jail and formed a close bond with the actress, who’s now supporting him at the hush-money trial
China’s inter-regional rivalries and US inter-party politics are colliding in the fight for global electric vehicle dominance, pushing the world towards a future of walled camps engaged in escalating mercantilism while putting our common destiny at risk.
Prices in Singapore’s public housing system are under growing scrutiny as million-dollar sales make headlines and raise fears over affordability. Those sales are outliers, though, amid the government’s efforts to keep speculative demand to a minimum.
Cooperation among the Global South has enabled developing economies to help each other through knowledge and technology transfers. Using this approach to address the digital infrastructure gap and build a highly skilled workforce can keep emerging countries from falling further behind.
As Chinese multinational firms expand their presence internationally, they can reshape global production networks towards the Global South and accelerate the transition to a green economy, helping build a more sustainable future for all.
The crisis in China’s property market is severe enough for the government to show willingness to tackle the backlog of uncompleted pre-sold projects. While this is cheering news for many, uncertainty over the timing, scale and source of the funding remains.
Given the prosperity and world-leading innovations of so-called emerging economies, from China and India to South Korea and Qatar, the ‘developing’ label is outmoded, outdated and patronising.
The focus is on retooling current approaches when what debt-burdened countries need is an economic re-engineering to produce more lucrative goods and innovative ways to pay down debt using commodities.
Complaints of Chinese overcapacity and dumping may be useful in justifying US, EU subsidies and trade barriers but China’s success is really due to its innovation and scale.
Despite US fears about an overcapacity in Chinese green teach, China’s market share of solar modules and electric vehicles is smaller than that of other competitors. “Cooperative competition” between manufacturers can help both countries synergize their green industry transitions.
While some Asian property markets have seen sharp declines in prices and transactions, borrowing costs are not the only factor at play in the region. The supply-demand imbalance, for one, is just as important, if not more so.
The speed of India’s rise in consumerism is outpacing China’s as the gap between the two countries’ markets continues to narrow. If it wants to maintain its lead as the world’s top market, China must broaden its focus to include rural areas and cater to often-overlooked consumer bases.