HK becomes a safe haven for US-listed Chinese firms

By:
On:
In: Asia, Business

The Hong Kong stock market is expected to benefit from a pipeline of new dual primary entries as many Chinese businesses look for a safe destination in case they are required to delist from US markets. After nine companies completed their own dual-primary listings in Hong Kong this year, regarding 30 more including e-commerce giant Alibaba […]

The post HK becomes a secure haven for US-listed Chinese firms appeared first on Asia Times .

Continue Reading

European giants buck US decoupling from China

By:
On:
In: Asia

Blaring headlines such as “US bans ‘advanced tech’ firms from building facilities in China for a decade” and “China’s zero-Covid policies are crippling its economic outlook” distract from more mundane but arguably more important corporate news coming out of China. Those new developments include the start of production at BASF’s new industrial complex in Zhanjiang […]

The post European giants buck US decoupling from China appeared first on Asia Times.

Continue Reading

The dark side of Facebook, Google, TikTok ‘dark ads’

By:
On:
In: Asia, Business, Technology

Once upon a time, most advertisements were public. If we wanted to see what advertisers were doing, we could easily find it – on TV, in newspapers and magazines, and on billboards around the city. This meant governments, civil society and citizens could keep advertisers in check, especially when they advertised products that might be […]

The post The dark side of Facebook, Google, TikTok ‘dark ads’ appeared first on Asia Times.

Continue Reading

The ghosts of Gorbachev’s energy legacy

By:
On:
In: Asia

Mikhail Gorbachev, the former Soviet leader who died last month at 91, was famous in the West for perestroika and glasnost. But three other Russian words also familiar in English were even more consequential for his reign and the resulting Soviet downfall: gaz, neft (oil), and atom. Gorbachev’s approach to these pillars of the Soviet economy […]

The post The ghosts of Gorbachev’s energy legacy appeared first on Asia Times.

Continue Reading

Mongolia squandering its mining boom riches

By:
On:
In: Asia, Business

Mongolia’s dependence on mining has intensified in recent decades. Following the discovery of major coal deposits and gold-copper ore in the early 2000s, mining’s economic significance surpassed that of the traditional livestock sector. In 2022, mining accounts for nearly a quarter of gross domestic product (GDP), up from a tenth in 2000. Since the advent […]

The post Mongolia squandering its mining boom riches appeared first on Asia Times.

Continue Reading

Does Iran have a secret plutonium bomb program?

By:
On:
In: Asia

The UN’s IAEA has reported that Iran has 55.6 kilograms (122.6 pounds) of 60% enriched uranium. The body says this means Iran is able to produce up to 25 kg (55 lbs) of 90% enriched uranium, enough for a nuclear bomb. The real story could be even more concerning. Consider the hoary phrase, “There’s more than […]

The post Does Iran have a secret plutonium bomb program? appeared first on Asia Times.

Continue Reading

UMNO split widens on ‘free Najib’ rally cry

By:
On:
In: Asia

SINGAPORE – Former Malaysian prime minister Najib Razak’s jailing for corruption has accentuated a deepening divide inside the ruling United Malays National Organization (UMNO), one that threatens a party-splitting schism with new general elections on the horizon. One UMNO camp seeks to distance itself from the newly incarcerated but still influential ex-leader, while a rival […]

The post UMNO split widens on ‘free Najib’ rally cry appeared first on Asia Times.

Continue Reading

China hopes ‘whole-nation’ scheme can close tech gap

By:
On:
In: Asia, Business, Technology

China’s government says it will use the advantages of its “new-type whole-nation system” to catapult technological progress, an apparent expansion of the authoritarian state’s proven ability to mobilize market and academic resources for development purposes. On Tuesday, a meeting of the Chinese Communist Party’s (CCP) Central Comprehensively Deepening Reforms Commission, chaired by General Secretary Xi […]

The post China hopes ‘whole-nation’ scheme can close tech gap appeared first on Asia Times.

Continue Reading

Spasm escalation: Russia’s last weapon has been spent

By:
On:
In: Asia

Russia has its back against the wall. Western analysts have missed this fact. Indeed, they have completely misinterpreted Russia’s “escalation ladder,” the technical term for the set of responses Russia sees at each stage of the Ukraine war. The “gas weapon” that Russia has just employed, a full supply cut, signals the Kremlin’s long-term intention of decoupling from […]

The post Spasm escalation: Russia’s last weapon has been spent appeared first on Asia Times.

Continue Reading

How to save the global free trade order

By:
On:
In: Asia, Business

The world faces unprecedented and difficult challenges, including US-China rivalry, the Russian invasion of Ukraine, the Covid-19 pandemic, climate change and supply chain disruptions. One consequence of these challenges is the possible division of the world economy into two or more political blocs, not unlike the situation that prevailed before the Second World War. To […]

The post How to save the global free trade order appeared first on Asia Times.

Continue Reading