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Insights
28-May-19 Japanese automotive supplier Denso plans to invest RMB2 bn (USD290 mn) in a plant in Guangzhou, China. The 100,000 sqm plant will mainly be used for auto parts manufacturing, quality monitoring, and a warehousing and distribution center. [image: Asia Times]
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Insights
18-May-19 Chinese investment in Latin America increased by over USD15 bn in the first half of 2018. Although only Ecuador and Venezuela are part of the Belt and Road Initiative, Brazil and Argentina have also received investments from Chinese tech companies.
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Insights
17-May-19 ICBC-AXA Life has opened a wholly-owned asset management subsidiary in Shanghai, making it the first insurance asset management JV in China after the government announced the further opening up of the insurance industry. [image: Asia Times]
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Insights
17-May-19 China’s outbound travel will have the biggest impact on the global wellness market. Global Growth Markets estimates there will be 900,000 outbound medical tourists from China by 2020, looking for minor treatments such as cosmetic surgery and health checks. [image: Global Wellness Summit]
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Insights
16-May-19 Japanese department store Takashimaya is looking to expand overseas, with a focus on Southeast Asia. Its CEO hinted at opening stores in Indonesia, Malaysia and the Philippines. Takashimaya opened a store in the IconSiam development in Bangkok late 2018. [image: Takashimaya]
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