Business, Finance & Trade
Amid Geopolitical Concerns, US Capital Flows From China to Japan （The Diplomat)
(Print) While China’s global growth story is hitting a rough patch, in Asia, we’ve now officially entered the era of Japan’s revitalization.
China’s corporate borrowing soars and cash flows deteriorate, independent survey shows (CNBC)
(Print) China’s fourth-quarter economic growth may have been “the weakest of 2019” — but it still showed an improvement compared to the previous quarter and to the same period a year ago, a business survey released on Thursday showed.
China pours billions into infrastructure and talent as it readies for the 2022 Winter Olympics (CNBC)
(Print) Two Chinese cities — namely Beijing and Zhangjiakou — witnessed a burst of activity in winter sports investment after China was named the host of the 2022 Winter Olympics.
Chinese investors choose Singapore over Hong Kong for ‘diversification,’ but things could change (CNBC)
(Print) Chinese investors inquiring about property investment in Singapore have hit record highs since the second quarter of 2019, and China’s most widely used internet marketplace for foreign property purchases thinks that the trend will “maintain itself” until at least the first half of 2020.
From Gucci to Louis Vuitton, New York’s fake luxury goods highlight a rising counterfeit market (SCMP)
(Print) Footwear, clothing and leather goods dominate a US$509 billion global market for imported fakes, with most of it from Hong Kong and mainland China.
Iowa Governor: China-US joint efforts required to feed growing population (CGTN)
(Video + Print) Governor Reynolds embarks her fifth trade mission to China. She emphasizes that the Chinese market is indispensable to Iowa. The Governor is accompanied by delegates from different commodity groups who are hoping to build stronger bilateral ties.
Chinese consumers increasingly favor quality imported goods (CGTN)
(Video + Print) The average tariff rate in the first period was around 40 percent, for many food imports the rate was as high as 80-100 percent. In the second period after China joined the WTO, the average tariff rate decreased to roughly 10 percent.