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Chinese province floats new use for digital yuan: paying long-delayed debts

China is mulling the application of its digital yuan – the central bank-backed currency also known as the e-CNY –…

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New Business

China’s Xi Jinping wants more Luban Workshops worldwide – but what are they?

At this year’s meeting of the Shanghai Cooperation Organisation (SCO), President Xi Jinping said China will launch 10 additional Luban…

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New Business

Young Chinese are seeking their fortune in Southeast Asia. Will they find it?

Kent Cai, a Chinese entrepreneur based in the eastern province of Zhejiang, made a major life decision earlier this year…

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New Business

FWD profit jumps 15 times as life policies spike, costs drop following Hong Kong IPO

FWD Group, a regional insurer founded by Hong Kong billionaire Richard Li Tzar-kai, said its first-half net profit jumped 15…

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New Business

The View | Sell India, buy China? Don’t get stock and property markets confused

Indian stocks have had a good run. Since the end of March 2020, the Nifty 50, one of India’s main…

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New Business

AIA profit rises 12% in first half on mainland visitors’ buying spree

AIA Group, Asia’s largest insurer, posted a 12 per cent growth in first-half operating profit, buoyed by mainland Chinese customers…

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New Business

China’s exports, investments to Global South surge in ‘age of tariffs’: report

China is accelerating its pivot to the Global South to reduce reliance on the United States, potentially creating “a new…

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New Business

2025 black rainstorm may be among Hong Kong’s costliest natural disasters for insurance

This week’s record-breaking deluge may rank among Hong Kong’s costliest natural disasters for insurers, as the owners of cars and…

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New Business

China toughens import rules on Vietnamese durians after detecting health risks

Chinese authorities have tightened oversight of imported Vietnamese durians this year after finding “excessive levels” of two potentially harmful substances…

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New Business

Pre-CIIE: China’s imports of fruits to grow with big appetite for durians, coconuts

Growers of durian and coconut in Southeast Asia are expecting a hectic time ahead as they grapple with rising demand…

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