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Gross domestic product (GDP) is the value of all the goods and services made in an economy during a specific period. China'a GDP has come under particular scrutiny during the trade war with the United States.
The US and China have reached what’s being called a “phase one” agreement in the bitter trade war between the world’s two most powerful economies. Prior to the deal signed in Washington on January 15, 2020, China had already been removed from the US list of “currency manipulators”. The South China Morning Post’s US …
Banking veteran and opinion columnist Richard Harris warns investors to keep their eyes open for something that may be difficult to see – early signs of the world’s next recession. Mr Harris shares with the Post his list of the top five possible triggers of a global downturn.
China imposed a 10-year fishing ban in large parts of Asia’s longest river starting January 1, 2020. The move steps up an existing seasonal fishing ban to protect the 6,300km (3,915-mile) Yangtze River, where commercial fishing had already been banned for three to four months each spring since 2003. The new ban will…
Stocks on Chinese mainland markets can expect a strong year in 2020 thanks to government policy support, says analyst Kenny Wen. The wealth management strategist at Everbright Sun Hung Kai said investors should look at 5G infrastructure, domestic consumption and property management stocks in the new year. Wan advise…
How the world's most competitive cities drive progress and changeThe recently published Global Urban Competitiveness Report analyses how advanced cities drive progress around the world and alter development patterns.
One third of the world’s caviar now comes from China, after the industry managed to tap global markets despite embarrassing scandals in recent years involving other food produced in the country.
Taiwan prosecutors are investigating a case involving 10 people accused of illegally bringing at least 5,000 mainland Chinese citizens to the island between 2017 and 2019 on “exchange programmes” using allegedly falsified documents reportedly involving at least 20 travel agencies. Among those reportedly allowed into…
The World Trade Organisation's Appellate Body has ceased to function, after the United States refused to nominate new judges to replace those who . Critics say this will further disrupt global trade and the undermine the multilateral trading system.However, the death of the appeals court is, for many, the "tip of th…
E-commerce giant Alibaba started trading on the Hong Kong stock exchange on November 26, 2019, in the world’s largest stock debut so far in 2019. The company had also made a splash when it was listed on the New York Stock Exchange five years earlier.
China’s largest technology company Alibaba started trading on the Hong Kong stock exchange on Tuesday, November 26, 2019. The listing was world’s largest so far in 2019, and followed up the company record-breaking debut on the New York Stock Exchange five years earlier.
Alibaba stands to gain from eventual inclusion on Stock Connect, following its November 26, 2019, debut on the Hong Kong stock exchange, according to analyst Kenny Wen. The wealth management strategist at Everbright Sun Hung Kai also said investors will be keeping an eye on prospects for a partial US-China trade dea…
Chinese e-commerce giant Alibaba started trading on the Hong Kong stock exchange under the 9988 stock code on November 26, 2019. The Hangzhou-based company priced its Hong Kong shares at HK$176 (US$22.50) each, a slight discount to its US-listed depositary shares. In the world’s biggest share sale so far in 2019, th…
Banking veteran and opinion columnist Richard Harris says even the latest demonstrations in Hong Kong have been discounted by local markets – so don’t expect shares to fall much more for now, at least not because of protest pressures.
A ban on single-use plastics Indian Prime Minister Narendra Modi planned to introduce on October 3, 2019, has been scrapped for the time being amid fears it would be too disruptive at a time the nation is facing an economic slowdown.
Hong Kong protesters and police have clashed for a third consecutive day in lunchtime protests that have shut down parts of the city’s Central business district.
China’s e-commerce platform Alibaba recorded its highest Singles’ Day sales figures yet, racking up 268.4 billion yuan (US$38.4 billion) in 24 hours on November 11, 2019. The shopping festival, which falls on November 11 every year, is the world’s largest of its kind, where shoppers scoop up everything from consumer…
Over 548,000 students will take the College Scholastic Ability Test, also known as Suneung, South Korea’s national college entrance exam on November 14. The test is a major part of the South Korean education system and for many students, their academic life leads up to this moment. The tests last all day and feature…
China has strongly denied a report from the Financial Times which claimed Beijing was considering replacing Hong Kong Chief Executive Carrie Lam.
China’s economy recorded a gross domestic product (GDP) growth rate of 6 per cent in the third quarter of 2019, the lowest figure since records were first kept in March 1992.
The Chinese economy grew by 6.0 per cent in the third quarter of 2019, the lowest quarterly growth since records began in March 1992.
Val Smith, Citi's chief sustainability officer, said that the bank's assets linked to sustainable investing have grown by 19 per cent in the past year as the industry puts a greater focus on investment products designed to support businesses that are helping the environment.
An American YouTuber went back to Beijing’s famous Silk Street – known for its knock-offs – more than a year after his first video of him bargaining with saleswomen went viral.
A group of women in southern China’s Guangxi Zhuang autonomous region was filmed fighting over the last piece of discounted pork at a market.
Financial workers in Hong Kong have added their voices to a series of demonstrations around the city.
Prominent businesswoman Pansy Ho Chiu-king has told the UN’s top human rights body that anti-government protests in Hong Kong are repressive and harmful to the city’s economy.
Strategist at Everbright Sun Hung Kai expects Cathay Pacific will weather the storm it unexpectedly flew into when it got caught up in Hong Kong’s protests, but says investors should wait for the stock to fall again before buying.
The Daliushu market in Beijing opens every Tuesday night as darkness falls in the Chinese capital only to close before dawn the next day. Known as “ghost markets” among locals, they feature stalls selling antiques, jade, and housewares. While Beijing was once home to several nighttime markets, Daliushu is the only o…
The consumer price index (CPI) and producer price index (PPI) are two key indicators for China's economy, but why are they important?
Banking veteran and opinion columnist Richard Harris explains why he thinks Hong Kong should spend money to get back on its feet after weeks of protests.
People from Hong Kong’s financial sector took to the streets for a flash mob protest against how the government has handled its now-shelved extradition bill.
Hong Kong has been rocked by more violence after a third massive march against the extradition bill and the city’s embattled government on Sunday, July 21, 2019.
China’s economy recorded gross domestic product (GDP) growth of 6.2 per cent in the second quarter of 2019 – the lowest figure reported since March 1992.
Chinese companies are now much less interested in learning from businesses abroad, as China’s market matures and nationalism kicks in, according to Scott McDonald, president and CEO of global management consultancy Oliver Wyman Group. With caution heightened by the trade war, they are looking inward, while expansion…
In a play against growing competition for high-end gamblers, Macau's casino industry is increasingly chasing more mass-market gamblers and families, says Kenny Wen of Everbright Sun Hung Kai Co Ltd.
The popular Chinese payment app, Alipay, is encouraging users to fight desertification. An initiative in the app allows users to engage in low carbon emissions activities to grow virtual trees and collect energy points. With enough energy points, a virtual tree can then be converted into one real tree that will be p…
Annual monsoon rains have crippled India’s financial capital Mumbai since the beginning of July. The worst flooding in a decade brought waist-deep water and chaos to the city, leaving at least 20 people dead.
The Gupo dog meat market in Busan, South Korea - one of the country’s largest - was shut down on July 1, 2019. Animal charities rescued more than 80 dogs, as meat vendors closed after authorities paid them out under a market-renovation project.
AngelHub, the first start-up investment platform to be licensed by the Securities and Futures Commission of Hong Kong, is finding that economic turmoil can often be a source of new opportunities. AngelHub’s co-founder and CEO Karen Contet Farzam spoke with the South China Morning Post’s Enoch Yiu about how the firm …
World leaders from 19 countries and the European Union started their summit in Osaka, Japan on June 28, 2019.
Mamee noodles are a childhood snack introduced to the Malaysian market in the 1970s by food company Mamee-Double Decker.
South Korean blacksmith Seok Noh-ki had been struggling to survive making traditional farming tools from workshop in Yeongju in the country’s remote North Gyeongsang province.
China’s online gaming industry has exploded in recent decades, reaching a market value of about 200 billion yuan (US$29 million) in 2018.
Vinasolar, fully-owned by Shanghai-based Yize New Energy, was forced to start production in Vietnam in 2014 after the United States and European Union first placed tariffs on solar panels.
Going to school has become much easier for children from low-income families in Myanmar thanks to a donation of recycled bikes from Singapore and Malaysia.
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Globally, livestock and meat production have been linked to deforestation and greenhouse gas emissions. The rapid growth of plant-based meat products offers a way for meat lovers to enjoy meaty products and for investors access to a potential new market.
From age nine, Debby Soo was helping her parents’ company organise huge tour groups from Asia for visits to the United States. Years later, Soo’s passion for the travel industry continues with a high-flying role as chief commercial officer at Kayak – one of the world’s biggest online booking companies – which she ea…
