Hong Kong’s Real Estate Titan Will Go Private
A consortium comprising Starwood Capital Group and Warburg Pincus is reportedly nearing an agreement to privatise ESR Group, a Hong Kong-listed real estate fund manager valued at over $7 billion. According to ESR, the consortium also includes the company’s founders and a subsidiary of the Qatar Investment Authority, a sovereign
Foxconn’s Worldwide Strategy Deflects Tariff Impact
Amid the growing concerns about Donald’s trump tariff plans, Asian chip manufacturer Foxconn stands tall with a global footprint. According to Reuters, Foxconn mentioned that they will have little impact of the US tariff plans, if any, due their global presence. Moreover, chairman of the contract manufacturer and key Apple
E-Commerce in Asia: Will it be the Next Big Thing in Asia?
Asia, with 58% of the world’s population, is one of the fastest-growing markets for E-commerce, and its growth trajectory doesn’t seem to slow down. In 2023, Statista reported that by 2025, E-commerce in Asia can account for almost 60% of global e-commerce sales. So, if you put two and two
Tough Time For China’s Tech Leaders- Alibaba and Tencent
China’s leading firms, Alibaba Group Holding Ltd. and Tencent Holdings Ltd., have reported lacklustre financial results for the latest quarters, reflecting the mounting economic and geopolitical challenges weighing on the industry. The disappointing numbers underscore these economies’ hurdles as they navigate slowing domestic growth and strained international relations. Tencent, known
China Plans to Establish Bilateral Trade Talks with USA
Vice Minister of Commerce Wang Shouwen mentioned that they are looking forward to an active dialogue with America to promote the development of bilateral economic and trade relations. Wang, who also serves as China’s International Trade Representative, stated that China is capable of “resolving and resisting” the effects of external
Will Trump’s Tariffs Cripple China’s Economy?
An independent commission advising Congress on China has recommended revoking Beijing’s trade privileges, potentially granting U.S. President-elect Donald Trump more power to impose tariffs on Chinese imports. The Chinese economy is now more vulnerable than ever. It is now believed that Trump may impose 60% tariffs on the import of
Hong Kong Court To Sentence 47 Democratic Campaigners
In the latest development, the Hong Kong Court will sentence 45 democratic campaigners to heavy jail terms. In May, 14 of these 47 Democrats were found guilty of committing a conspiracy for subversion; only two were free from these criminal charges. Moreover, according to Reuters, 31 of them have pleaded
Integrating Brand Strategy and Cultural Sensitivity In the Asian Market
In today’s global market, fashion brands face the challenge of blending creative designs with respect for different cultures. Finding the right balance is important, as it helps brands connect meaningfully with people from various backgrounds while staying true to who they are. By honouring cultural stories and traditions in the
China & Indonesia Strike $10 Billion Pact on Energy
On Sunday, i.e., 10th November 2024, China and Indonesia signed deals worth $10 billion in food, new energy, technology, and biotechnology sectors. The business forum followed the meeting between President Xi Jinping and Indonesian President Prabowo Subianto in China, the first country President Subianto had visited since taking office last
The China-U.S. Rivalry Favours ASEAN’s Economic Rise
The geopolitical tension between the two largest economies, the USA and China, has greatly benefitted the ASEAN (Association of Southeast Asian Nations) Economies. According to the data the International Monetary Fund (IMF) shared, ASEAN nations have long benefited from decades of globalisation, building strong trade links with China and the