The Third Plenum has not yet materialized, raising concerns about the country's ability to tackle economic challenges despite anticipated ambitious growth targets.
Tags: Asia
Asian Share Markets Likely to Falter Following Biden's Withdrawal from White House Race
Share markets across Asia are expected to stay in the red after last week’s tech bloodbath, as well as the shock announcement of US President Joe Biden bowing out of the presidential race in November.
Gen Zs in Asia-Pacific Rely on TikTok, Influencers for Shopping Decisions: KPMG Study
Gen Z has been primarily looking for trends online rather than visiting department stores, according to a recent report.
South Korea, Japan, China Confirmed to Meet Next Week for First Time Since 2019
South Korea, Japan, and China are set to undergo a trilateral summit in Seoul on May 27, the first time the three nations held such talks in five years.
Russia, China Agree to Boost Economic and Security Ties to Counter US Dominance in Europe and Asia
Russia and China have announced plans to deepen their security cooperation in Asia and Europe to counter the US' attempts to exert dominance on these regions.
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"Your honors, in this venue, I announce my separation from the United States ... both in military and economics also," President Rodrigo Duterte said.
Google will provide seed funding in Asia's renewable energy that will start off in Taiwan. Through the Center for Resource Solutions, the funds will be used to set up renewable energy certification programs.
Tracking sell-off on Wall Street, Asian markets turned weaker. Renewed growth concerns and effectiveness of central bank policy have worsened the investor sentiment.
El Niño is hitting on cane productions especially in Asia, leading to a global shortage and the rise in prices. This would be the first year of sugar shortage after years of surplus. The shortage is projected to be prolonged to at least next year.
Samsonite saw strong sales in Asia, particularly China, in 2015. The company is not sure about 2016 outlook due to potential challenges, as it moves forward to boost presence in Asian markets.
500 Startups is seeing a great potential in Vietnam, where more than half of its population are below the age of 30 and most adults are using smartphones. The Silicon Valley-based accelerator is preparing a $10 million investment fund dedicated for Vietnam startups.
Asian shares fell back from a seven-week high on Tuesday as oil prices fell more than 2 percent. The sudden drop happened after the Asia-Pacific indices rose to its highest level since the beginning of the year, after seeing the rise in oil prices before reversing back.
Asia has been a growing market for startup companies and venture capital deal. However, as U.S. venture capital faces a slowdown and overblown valuation, will Asia also experience the same?
McDonald's is about to launch its experimental outlet in Seoul, South Korea, with draft beer. The fast-food giant has taken its first steps to introduce the concept of beer with hamburgers in Asia, having added this beverage long time back in its German, French, and Spanish outlets. If the Asian people embrace this concept, McDonald's is ready to open up two more similar outlets in Gangnam and Sinchon.
