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China to push 5G commercialisation even as Huawei faces US-led resistance

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25-Mar-19 China plans to accelerate commercialisation of 5G in a "final sprint", with 60% of the USD256 bn 2019 tech budget allocated to telecommunications. Industrial Internet, smart transport, intelligent manufacturing, smart medical care and digital agriculture are among the priorities. [image: South China Morning Post]

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Abu Dhabi to increase spending on tourism marketing by USD136 mn

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13-Mar-19 Abu Dhabi has allocated AED0.5 bn (USD136 mn) for tourism marketing over three years. The funding will highlight attractions such as Louvre Abu Dhabi and Warner Bros World, and the Guggenheim Abu Dhabi project is reportedly also 'still active'. [image: Lourve Abu Dhabi / Handout via Thomson Reuters Zawya]

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Growing China downdraft chills Asia factory activity

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01-Mar-19 Weak demand in China and the Sino-US trade war took a heavy toll across Asia in Feb-19. China's manufacturing contracted for the third month, Japan's factory gauge fell at the sharpest pace in 2-1/2 years and South Korea's exports plummeted. [image: Norihiko Shirouzu / Reuters]

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Qatar acquires Mexican acreage after OPEC split

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17-Dec-18 Qatar Petroleum is buying stakes in three offshore oil blocks in Mexico from Eni SpA, as Qatar expands after leaving OPEC. Global oil majors are attracted to the Mexican side of the Gulf as new blocks are opened for development. [image: Chris Ratcliffe / Bloomberg]

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Police bust USD145 mn medical tourism scam in China

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06-Dec-18 Police in China have arrested 132 people over a medical tourism scam targeting wealthy Chinese that netted nearly USD145 mn. Research firm Global Growth Markets estimates 500,000 Chinese travel abroad for medical tourism every year, spending at least USD10 bn. [image: Chinanews.cn]

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