Categories: trade

Xi Jinping takes centre stage

In the coming weeks, two major events will again focus the international spotlight on China as it projects its power on the world stage. Next week, President Xi Jinping (習近平) is expected to hold an informal summit with US President Donald Trump in Florida, the first time the two world leaders will meet face-to-face, according […]

China ups ante on shipping

China is to revise its 1984 Maritime Traffic Safety Law, which would allow the relevant authorities to bar some foreign ships from passing through Chinese territorial waters, state media said. The announcment is a test of US resolve in the South China Sea amid reports that the American state department is in considerable disarray, a […]

Darker prospects for post-EU UK

Britain’s departure from the European Union could cause output losses of as much as 9.5 per cent, according to new research. Calculations using models that incorporate productivity measures show a negative impact on gross domestic product per capita of almost four times that of previous estimates, according to John Van Reenen, a professor of applied […]

China trumps US in Pacific deal

John Brinkley, a Forbes contributor, points out the benefit to China from Trump’s TPP move: ‘Well, he’s done it. President Trump has withdrawn the United States from the Trans-Pacific Partnership. “The Trans-Pacific Partnership is another disaster done and pushed by special interests who want to rape our country, just a continuing rape of our country,” […]

Hamburg has major export role

In late November, 400 officials and business leaders convened in Hamburg for a Sino-European conference to discuss how Brussels and Beijing could navigate through the prospective choppy waters of US trade policy under a new administration. The location of the conference could not have been more fitting. Germany, as Europe’s largest economy, relies heavily on […]

HSBC targets Australia’s rich

HSBC is looking to cash in on the rising number of business people making multi-million dollar fortunes through closer ties with Asia, launching private banking services in Australia. As part of a local expansion plan, the banking giant is making a new pitch to very wealthy clients, mainly business owners and senior executives, who have […]

China’s huge spending splurge

Chinese consumers were expected to spend $20 billion in the Singles’ Day shopping splurge that claims to be the world’s biggest shopping event. In less than seven minutes after midnight on Friday, Chinese e-commerce giant Alibaba said 10bn yuan (US$1.47bn) of products had already been sold through its platforms as consumers indulged the now annual […]

China ‘not playing by the rules’

Corporate China’s global shopping binge barrelled on last week with more multibillion dollar deals, but Beijing is starting to discover that there are limits to what its money can buy. In recent days German and European Union officials have moved to tighten up scrutiny or even block high-profile acquisitions in the latest sign of growing […]

Highly relevant and focussed

“Highly relevant and focussed,” was one of the comments from an attendee at the London Wealth Forum held on October 4 at the Caledonian Club in the capital. “Wide ranging and also in-depth analysis gave me valuable and useful information,” was another. The consensus among all those who attended the one-day Wealth Forums event was […]

Ireland ready to play major role

Ireland is very much in focus as Brexit shockwaves continue to resonate in the UK and across the European Union. No-one is better informed on the topic than David d’Alton, Co-founder and Director of the British Irish Chamber of Commerce. David shared his insights at last week’s London Wealth Forum, where he underlined Ireland’s value […]