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Insights
21-Nov-18 China is the largest exporter of clothing, but the pollution from "Made in China" manufacturing doesn't leave the country. 42 percent of global dyes, additives and stabilisers usage is in China. [image: Wu Di / Greenpeace]
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Insights
12-Nov-18 American Express has been granted preparatory approval from the People’s Bank of China for a clearing and settlement license in mainland China. Amex can begin building a network business to process domestic RMB transactions through its joint-venture in the country. [image: Beyond My Ken / Wikipedia]
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Insights
11-Nov-18 Another year, another gross merchandise volume record for Alibaba’s 11.11 Global Shopping Festival. When the rolling counter stopped, 2018 gross merchandise volume was RMB213.5 bn (USD31 bn), 27% higher than 2017's RMB168.3 bn (USD24 bn). [image: Alizila]
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Insights
07-Nov-18 American passenger jets will soon be taking off from Boeing’s only manufacturing facility outside of Seattle, which will be up and running in Zhoushan, Zhejiang in China by the end of the 2018. The first will be a 737 Max. [image: Handout / Asia Times]
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Insights
06-Nov-18 Hong Kong's South China Morning Post, acquired in 2016 by Alibaba, has decided to go into the red and invest over a period of time "to secure long-term sustainability and profitability". Advertising at Hong Kong newspapers declined 24 percent 2014-17. [image: SCMP]
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