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Asia Pacific

TPP’s death boosts China’s regional trade fortunes

TPP’s death boosts China’s regional trade fortunes

China was excluded from the 12-member TPP, which former U.S. president Barack Obama saw as a security alliance to contain Beijing’s regional power ambitions as much as a trade pact.
China: Green energy faces cuts

China: Green energy faces cuts

China is expanding the number of industries it wants to shrink because of excess manufacturing capacity. Until now, drives to cut capacity have focused on coal and steel.
Japan: Chamber of commerce sounds world economy alarm

Japan: Chamber of commerce sounds world economy alarm

Japan’s Chamber of Commerce and Industry is warning that U.S. President Donald Trump’s protectionist policies threaten to unravel the entire structure of the global economy.
Myanmar: Telecom investment surges

Myanmar: Telecom investment surges

The formal end of military rule in Myanmar has encouraged massive investment in telecommunications. The equivalent of $3.
Australia: Slimmer Trans-Pacific Partnership considered

Australia: Slimmer Trans-Pacific Partnership considered

Australia has always had to battle isolation at the bottom of the world and has an honourable history of dreaming up clubs of nations that would connect it to other countries. The Asia-Pacific Economic Co-operation (APEC) forum was one such.
India: Canada-Europe trade deal is faulty template, official says

India: Canada-Europe trade deal is faulty template, official says

The parading of CETA, the Canada-European Union Comprehensive Economic and Trade Agreement, as a model for what all future free trade deals ought to be is finding no favour in India.
Xishuangbanna in a property boom as Beijing chokes on smog

Xishuangbanna in a property boom as Beijing chokes on smog

Sun Wei, a sale manager with Ping An Real Estate Co., travels frequently between Beijing and Xishuangbanna in southwestern China’s Yunnan province. Her company sells luxury villas, mostly to buyers who hail from China’s northern provinces.
China’s government admits birthrate too low after decades imposing one-child policy

China’s government admits birthrate too low after decades imposing one-child policy

China’s birthrate is too low and needs to rise as the nation faces serious challenges including a shrinking labour force and rapidly ageing population, the government said in blueprint outlining population policies up to 2030.
New Zealand air farmers are cashing in on China’s air pollution

New Zealand air farmers are cashing in on China’s air pollution

Pulling a trailer packed with dive tanks and a compression motor, the three co-founders of Breathe Ezy drive around the scenic mountains and valleys of New Zealand’s South Island collecting air.
Corporate buyer to pay record HK$324 million in stamp duty for luxury house on Hong Kong’s Peak

Corporate buyer to pay record HK$324 million in stamp duty for luxury house on Hong Kong’s Peak

A corporate buyer is set to pay the highest stamp duty ever on a property in Hong Kong, after forking out HK$1.08 billion for Asia’s most expensive house per square foot.