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Insights
16-Jan-19 As wages in China have risen, many Hong Kong enterprises with manufacturing there have tried to cut costs and navigate the Sino-US trade dispute by taking production offshore to emerging economies such as Indonesia, India and Vietnam. [image: HKTDC]
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Insights
14-Jan-19 Despite the economic slowdown, Chinese tourists did not reduce their foreign travel in 2018, making 140 mn trips abroad, up 13% from 129 mn in 2017. At the same time, domestic tourism within China also increased steadily at 11%. [image: Tourism Review]
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Insights
10-Jan-19 Worldwide users of Alipay, China’s leading online payment platform, have exceeded one billion. Alipay’s Ant Financial Services Group said it had cooperated with nearly ten major overseas smart payment companies, which contributed to its growth in user numbers. [image: Alipay]
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Insights
08-Jan-19 Alibaba Group’s smart assistant, Tmall Genie, will launch in select BMW vehicles in China by the end of 2019. Drivers will be able to use Tmall Genie to shop online, view cinema listings or check the weather at their destination. [image: Alzila]
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Insights
08-Jan-19 Raffles Medical Group officially has opened its first hospital in China in south-western Chongqing. Touted as Singapore's first tertiary hospital in China, Raffles Hospital Chongqing is a 700-bed facility with a gross floor area of more than 100,000 sqm. [image: Raffles Medical Group]
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