ASIA: China’s population is projected to drop by half by 2100, calling into question the country’s future economic growth in the face of a sharp decline in its labor force. In contrast, America’s population and labor force is likely to be sustained if the Trump administration’s policy of reducing US immigration level is reversed. The […]

  ASIA: Chinese financial technology group Ant has unveiled plans for a stock market debut that may raise a record $30bn. The company, affiliated with online retail giant Alibaba, says it will sell shares in Hong Kong and Shanghai. Ant, best known in China for the mobile payments powerhouse Alipay, was launched in 2004 by […]

ASIA: US President Donald Trump on Tuesday said he postponed trade talks with China, adding that he does not want to talk to China right now. Representatives from the United States and China had been scheduled to discuss the implementation of their so-called Phase 1 trade deal on Saturday, but those talks were canceled. India’s […]

  ASIA: China’s economic growth indicators are lopsided, pointing to possible downside risks for the country in the second half of 2020 as it tries to recover from the coronavirus pandemic, an analyst said Thursday. Recent data showed China’s June retail sales fell 1.8% from a year ago, much worse than the 0.3% growth analysts […]

QUESTION: Do you think that cryptocurrencies will be sustainable as governments become pressed for money? What is your view of the dollar? Will it really crash when things are so bad here in Europe? Thank you in advance GH ANSWER: I think it is really naive to believe that cryptocurrencies will survive when we face […]

ASIA: China said on Monday it was firmly opposed to any US actions against Chinese software companies, responding to remarks by US Secretary of State Mike Pompeo that Washington will take action shortly against Chinese firms feeding data to Beijing’s government. Chinese foreign ministry spokesman Wang Wenbin told reporters during a daily briefing that China […]

ASIA: China on Wednesday expressed its strong dissatisfaction and firm opposition to smears against China on a series of issues by the US and Australia, and has lodged solemn representations with them, Wang Wenbin, a spokesperson for Chinese Foreign Ministry said at a press briefing. Wang’s remarks came after the US Secretary of State Mike […]

ASIA: China has said Hong Kong will suspend extradition treaties with Britain, Canada, and Australia after they took similar steps over the territory’s controversial new security law. The Foreign Ministry spokesman accused the countries of “gross interference in China’s internal affairs.” Earlier this month, US lawmakers approved sanctions in response to the law, targeting banks […]

ASIA: China’s economy returned to growth in the second quarter after a deep slump at the start of the year, but unexpected weakness in domestic consumption underscored the need for more policy support to bolster the recovery after the shock of the coronavirus crisis. Gross domestic product (GDP) rose 3.2% in the second quarter from […]

ASIA: The US has announced new visa bans on senior Chinese officials involved in restricting access to foreigners to the sensitive region of Tibet and reaffirmed its support for “meaningful autonomy” for Tibetans. In retaliation, China has announced that I will impose visa restrictions on US personnel who exhibit egregious behavior toward Tibet, said Chinese […]