By Frank Tang Australian banks are retreating from China’s most lubricant financial businesses, even as Wall Street and European competitors queue up to get deeper into the world’s second largest market.The sharp contrast came amid tension between Beijing and Canberra over the origin of the coronavirus pandemic, Xinjiang, Hong Kong, the South China Sea, and […]
By Quentin Parker There are no easy options for Hong Kong confronting this pernicious, mutating virus. As much of the rest of the world emerges into de facto Covid-19 acceptance, Hong Kong’s approach stands out. Elsewhere, there is an acceptance we will be living (and dying) with this virus indefinitely; hence, the pressing societal need […]
By Amanda Lee A fifth of the companies in China’s southern manufacturing hub suffered more than a 40 per cent reduction in production capacity at the height of an energy crisis last year, according to a new survey from the American Chamber of Commerce in South China.Some 21 per cent of respondents say the crisis […]