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Made in China moves to Indonesia

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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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Alipay now has over 1 billion users worldwide

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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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Prostate cancer medical device market in Asia poised for growth

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08-Jan-19 As Asia’s prostate cancer burden grows, so do opportunities for medical device companies with products to diagnose and treat the disease. Leading medical-device firms are moving into markets across Asia to promote their most innovative products. [image: MedTech Intelligence]

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Concern as India's e-commerce restrictions hit Amazon, Walmart

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08-Jan-19 The US government is concerned about India’s revised e-commerce regulations and has said the policy will hinder the Indian investment plans of Amazon.com and Walmart Inc. The rules ban companies from making exclusive deals with sellers. [image: Reuters / Mike Segar]

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India and Egypt rare bright spots amid stalled growth in emerging markets

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 Insights

Jan-19 The recovery in emerging market and developing economies has stalled. India is a bright spot where strengthening investment and robust consumption will drive 7.3 percent GDP growth. East Asia remains a fast-growing region but growth will moderate to 6 percent in 2019 as global demand slows and financial conditions tighten. Brazil is forecast to lead Latin America with 2.2 percent growth. And in MENA, while GCC oil exporters accelerate to 2.6 percent growth they will be outstripped by Egypt at 5.6 percent thanks to reforms. [image: World Bank]

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