As luxury spending rebounds in China, consumers with money to burn have a new habit beyond fancy bags and watches: a taste for collector editions of fiery domestic liquor Moutai, not to drink but to …
As political activists face jail, Hong Kong’s markets are booming
The fear is as palpable as the finance frenzy. Beijing’s representative in Hong Kong, Luo Huining, announced on the eve of China’s October 1 National Day that Hong Kongers must now love China out of …
China Makes a Safe Space for Consumers. Will They Spend?
Earlier this month, China loosened restrictions on licensed consumer finance companies to enable lower provision coverage ratios. That would allow them to lend more, and help consumers borrow more.
Indonesia’s Kredivo closes up to $100m debt facility
Kredivo announced the closing of a committed debt facility of up to US$100 million with US-based private credit firm Victory Park Capital Advisors for the startup’s consumer loans business in …
China, Japan to lift restrictions on business travel
China and Japan have agreed to “fast track” business travel between the two countries after Chinese Foreign Minister Wang Yi met with his Japanese counterpart in Tokyo.
China, Japan to resume two-way business travel by month’s end
Chinese Foreign Minister Wang Yi and his Japanese counterpart, Toshimitsu Motegi, agreed to resume business travel through a programme that will allow visitors to engage in limited activities during …
China tells Britain to ‘stop interfering’ in Hong Kong
Beijing urged the UK to abandon its “colonial nostalgia” and stop interfering in Hong Kong after the Foreign Office said that the new national security law imposed on the territory was a breach of the …
China criticizes pope over comment on Uighur Muslim minority
China has criticized Pope Francis over a passage in his new book in which he mentions suffering by China’s Uighur Muslim minority group …
Taiwan in US strategy to weaken Beijing: source
Pacific Strategy is geared toward weakening Beijing’s influence in Southeast Asia, as well as providing a Blue Dot Network to counter China’s Belt and Road Initiative, a senior Executive Yuan member …
Taiwan in US strategy to weaken Beijing: source
Pacific Strategy is geared toward weakening Beijing’s influence in Southeast Asia, as well as providing a Blue Dot Network to counter China’s Belt and Road Initiative, a senior Executive Yuan member …