Will China continue to dominate global trade in 2023? 

China’s export performance is clearly important for the world, and certainly Europe. To start, global inflation not only depends on commodity prices but also on China’s export prices and its own cost dynamics. Second, the European Union is the other major export machine, together with China, so developments in China’s export capacity and competitiveness are […]Continue Reading

Cambodia revival hinges on Chinese tourists

The many unfinished buildings — most owned by Chinese investors — lining the streets of the coastal town of Sihanoukville may be symptomatic of the Cambodian economy entering 2023. Cambodia’s economic rebound in 2022, with GDP growth of 4.8%, has been slower than many had hoped. For 2023, the Ministry of Economy and Finance has pegged […]Continue Reading

US keeps chipping away at Dutch resistance on China

Although the two countries’ leaders met in Washington on Tuesday, the United States and the Netherlands have yet to reached agreement on some possible new restrictions on exports to China. After a face-to-face discussion with US President Joe Biden in the White House, Dutch Prime Minister Mark Rutte told Dutch TV program Nieuwsuur that he […]Continue Reading

Singapore’s 2023 hinges on smooth China reopening

SINGAPORE – Singapore’s export-reliant bellwether economy is bracing for tough times in 2023 with trade expected to shrink or record no growth amid weakening global demand, tighter liquidity and persistent inflation. Accordingly, many economists foresee a possible technical recession in the first half of next year. Though the Ministry of Trade and Industry (MTI) does […]Continue Reading

HK gearing up for mainland tourist surge

Shops and restaurants in Hong Kong are returning to prime sites plus hiring more staff as mainland Customer expected to end the hotel quarantine needs in January. The particular Travel Industry Authorities of Hong Kong needs that the number of travelers visiting Hong Kong will probably increase by twenty to 30% in the coming month. […]#@@#@!!Continue Reading

Huawei’s smart mining project showcases Industry 4.0 tech

Huawei Technologies, a Shenzhen-based telecommunication equipment maker, is focusing on “5G2B” – the application of advanced broadband, Artificial Intelligence, and Big Data to business—as its main growth driver. American sanctions cut off Huawei’s access to the advanced chips that power 5G handsets, pushing the Chinese giant from the top position in the global smartphone market […]Continue Reading

Why US really blacklisted China’s YMTC

The US Commerce Department’s Bureau of Industry and Security (BIS) last week moved Chinese NAND flash memory maker Yangtze Memory Technologies Co (YMTC) from its “Unverified List” to its “Entity List”, the Biden administration’s latest punitive move against a major Chinese technology company.   In the words of the BIS, those who qualify for the […]Continue Reading

US pressing Japan to follow its China chip ban

China has warned Japan of undisclosed consequences if it follows the United States in imposing chip export bans against it, urging Tokyo instead to reject what it sees as Washington’s “bullying behavior.” China’s foreign ministry issued the comments after an unnamed Japanese government insider was quoted by Nikkei as saying that Tokyo had received a […]Continue Reading

HondaJet flying high in elite light jet market

Honda Aircraft Company has launched an upgraded version of its Elite model business jet, a move expected to keep it at the leading edge of the light jet market. Honda Aircraft’s headquarters and factory are located next to Piedmont Triad International Airport, near Greensboro, North Carolina. The HondaJet Elite II was unveiled on October 17 […]Continue Reading