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Asia Pacific

Li Ka-shing’s CKI expands airport parking footprint in Canada

Li Ka-shing’s CKI expands airport parking footprint in Canada

Hong Kong tycoon Li Ka-shing’s Canadian airport car park operator Park’N Fly has acquired an indoor airport parking business for C$12 million.
China’s not-so-free trade zones

China’s not-so-free trade zones

New FTZs push inland, but foreign investors still raise concerns over market access
‘I’ve got the toughest job’: Cathay Pacific chief says the best is yet to come from struggling Hong Kong airline

‘I’ve got the toughest job’: Cathay Pacific chief says the best is yet to come from struggling Hong Kong airline

Ivan Chu Kwok-leung talks about the company’s history, its current problems and its future
China to set up no-coal zones in cities around Beijing to tackle hazardous smog

China to set up no-coal zones in cities around Beijing to tackle hazardous smog

China will set up a no-coal zone in cities around Beijing next year in efforts to tackle the capital’s hazardous smog.
Growing property bubble is China economy’s biggest risk, warns Bank of China economist

Growing property bubble is China economy’s biggest risk, warns Bank of China economist

The Bank of China has raised a red flag on the country’s growing property bubble.
IMF says China could destabilise global economy

IMF says China could destabilise global economy

China needs to revamp its financial regime to reduce possible “spillovers” onto the rest of the world, the International Monetary Fund said in a report Tuesday (September 28).
Chinese city bans sale of 65 square-foot flats after uproar

Chinese city bans sale of 65 square-foot flats after uproar

Authorities in Shenzhen, a city in China’s Guangdong Province, have invalidated the sale of a series of tiny 6 square-metre flats (approximately 65 square feet) costing 880,000 yuan (around $175,000 Canadian) each, saying the properties violated exis
Risks of property bubble growing in China with policy options running out

Risks of property bubble growing in China with policy options running out

Risks of a property bubble are growing in mainland China’s major cities, observers say. New home prices have risen more than 30 per cent year on year among first-tier and a few second-tier cities.
China views potential deal with Canada as means to break U.S. trade lock

China views potential deal with Canada as means to break U.S. trade lock

When Canada recognised the People’s Republic of China in 1970 under Prime Minister Pierre Trudeau, Mao Zedong reportedly said: “we now have a friend in the backyard of the United States.
China-U.S. ties will stay stable ‘no matter who is elected’ as U.S. president: China’s Premier Li Keqiang

China-U.S. ties will stay stable ‘no matter who is elected’ as U.S. president: China’s Premier Li Keqiang

Premier Li Keqiang says relations between China and the United States will remain stable “no matter who is elected” as the next US president, as he attempts to alleviate concerns over uncertain Sino-US ties.