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Asia Pacific

Chinese banks look to credit cards for relief as interest income under pressure

Chinese banks look to credit cards for relief as interest income under pressure

Credit card income will offer relief for Chinese lenders dealing with pressure on interest incomes but only banks with significant market share will reap the rewards, according to analysts.
B.C. election leaves provincial Asia strategy in doubt

B.C. election leaves provincial Asia strategy in doubt

Uncertainty over next government clouds future of overseas trade initiatives
B.C. company targets China e-commerce opportunities

B.C. company targets China e-commerce opportunities

Country’s booming digital ecosystem is opening up a vast new marketing landscape
China rings alarm bells over abuse of investor migration programs

China rings alarm bells over abuse of investor migration programs

When Chinese corruption fighters late last month published the street-level addresses of suspects living overseas, including five in British Columbia, the accompanying statement was filled with the usual guff about “flies” and “tigers” (low- and high
Pakistan: Planners hit potholes

Pakistan: Planners hit potholes

Pakistan newspapers are reporting that government officials have become so overwhelmed by endless meetings and details involved in the US$56 billion transportation corridor linking the Indian Ocean port of Gwadar to China that they have lost the big
Thailand: Police seek Red Bull heir

Thailand: Police seek Red Bull heir

Red Bull has given Vorayuth Yoovidhya wings, but they may not let him evade Thailand’s prosecutors.
Japan: NGOs bristle at restrictions

Japan: NGOs bristle at restrictions

Japan’s foreign ministry provides around $US90 million a year to about 70 non-governmental organizations giving humanitarian assistance around the world. But the money comes with restrictions and conditions that some of the NGOs find unacceptable.
China: Xi’s deathless ideology

China: Xi’s deathless ideology

It is the dream of Chinese leaders to have their thoughts and visions so highly regarded that they are enshrined as essential elements in the ideological canon of the Communist Party.
Corporate incomes jump as China trims overcapacity

Corporate incomes jump as China trims overcapacity

First-quarter profits at China’s publicly traded companies rise 21%
Beijing keen to press advantage as Trump thaws on China

Beijing keen to press advantage as Trump thaws on China

Asians are rapidly realizing that they didn’t know what they’d got till it was gone.