INSIDE CHINA

Central bankers go digital

Mainland China’s central bank joins its peers in Hong Kong, Thailand and the UAE in creating a prototype for streamlined settlements.

10 March 2021

As fintech transforms financial transactions both within and between economies, and cryptocurrencies such as Bitcoin and Facebook’s Diem, central bankers are looking at offering digital versions of their traditional units.More

Topics: Banking Services, Finance & Investment, Thailand, United Arab Emirates, Fintech, trade

Fresh shape for transformer

As Mainland China takes a new direction following four decades of opening up, Hong Kong continues in its gateway role.

03 March 2021

In the four decades since establishment of the Shenzhen Special Economic Zone (SEZ) turbo-charged Mainland China’s switch to export-driven growth, Hong Kong and its neighbouring Guangdong cities have been pivotal in the development, driving investment and commodities in and products out.More

Topics: Association & Government, Mainland China, Hong Kong, trade, infrastructure

Start-ups look to Greater Bay Area

A comprehensive survey outlines challenges and opportunities for Hong Kong entrepreneurs moving north.

24 February 2021

The Guangdong‑Hong Kong‑Macao Greater Bay Area is making great efforts to build an international technology and innovation centre as well as developing into an innovation‑driven economy.More

Topics: Association & Government, Mainland China, Hong Kong, start-ups, Greater Bay Area

Streamlined supply chain

As the COVID-19 pandemic shakes up trade flows, testing and certification takes on fresh importance.

17 February 2021

The COVID-19 pandemic has disrupted the global supply chain, with a new normal characterised by remote working, learning and entertainment, an unprecedented demand for personal protective equipment (PPE), and accelerated digital transformation throughout the supply chain.More

Topics: Logistics & Supply Chain, Mainland China, Hong Kong, trade, logistics

Wading through export challenges

Heavily trade-weighted countries face a challenging environment in the coming year.

10 February 2021

The combination of the COVID-19 pandemic, spreading protectionism from trade to finance and technology and socio-political disturbances across major and emerging economies generated a perfect storm for the global economy, according to the International Monetary Fund.More

Topics: Association & Government, Mainland China, Hong Kong, trade, International Relations

Virus as furnace

As happened in Mainland China two decades ago, COVID could drive transformation in the US, the Asian Financial Forum heard last month.

03 February 2021

Just as Mainland China took two years to fully recover from the SARS outbreak that hit in 2003 – a process that greatly boosted the then-young Alibaba and Taobao – the United States is now going through its pandemic crucible, the 14th Asian Financial Forum heard last month.More

Topics: Finance & Investment, Mainland China, Hong Kong, start-ups, e-business

Far-sighted firms tackle myopia surge

As short-sightedness surges, Mainland China’s optical community has been swift to focus on the growing needs of the domestic market.

27 January 2021

In Mainland China, as of 2019, more than 600 million people were affected by myopia.More

Topics: Eyewear, Mainland China, health

Health critical for infrastructure

The financial sector has a critical role to play in recovery from the COVID-19 pandemic.

20 January 2021

Healthy infrastructure requires a healthy country – and investment in health is a critical component of infrastructure investment.More

Topics: Banking Services, Finance & Investment, Hong Kong, Mainland China, e-business, asian financial forum

Bridge to Africa

A free trade agreement with a member of a new African trade bloc offers Mainland China enhanced access to the vast regional market.

13 January 2021

Mainland China began 2021 with a single step into a giant continent — Africa, The mainland’s free trade agreement (FTA) with Mauritius took effect on the same day as the African Free Trade Continental Area (AfCFTA), which includes Mauritius, rolled out, forging a link between the mainland and Africa.More

Topics: Association & Government, Mauritius, Ghana, trade

IPHatch win boosts Greater Bay Area drive

A Hong Kong network programming innovator sets its sights north after winning an open-innovation competition.

06 January 2021

Start-ups often lack research and development (R&D) capital and can extend development by collaborating with leading multinational companies in developing technological patents.More

Topics: Hong Kong, Mainland China, start-ups, e-business

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