China

To address the issue, Beijing has decided to focus on upping consumer consumption at home. Authorities are also likely to start once again pumping money into infrastructure projects, after slowing down the projects last year as a matter of financial prudence. New credit controls have also been introduced in order to rein in debt. … [Read more...] about China’s GDP growth slows to lowest rate in years

Operated by the China Geological Survey, the Haiyang Dizhi-8 is 20.4 meters wide, 88 meters long, can cruise for up to 16,000 nautical miles and has a maximum speed of over 15 knots, according to china.org.cn, a Chinese state news website, and the CGS.  … [Read more...] about U.S. State Department says concerned by reports of Chinese interference in East Vietnam Sea

Binh affirmed Vietnam’s utmost opposition to such violations and demanded that China respect Vietnamese sovereignty, act with responsibility, and put an immediate end to actions that threaten maritime security and safety in the East Vietnam Sea or heighten tension in the waterways. … [Read more...] about Hanoi raps Beijing’s military drills in East Vietnam Sea

Both indices were weighed down by market caution as investors waited for statements from the two-day US-China trade talks which closed on Friday (local time) in Washington. The two sides reportedly came up with a deal to postpone their dispute, but analysts and businesses remained uncertain about the feasibility of the agreement. … [Read more...] about Trade war worries lifted, but market growth flat: analysts

Flags of the US, Canada and Mexico fly next to each other in Detroit, Michigan - Photo: REUTERS The separate agreements, which will not impose US quotas on Canadian and Mexican metals shipments, will also eliminate Mexican and Canadian retaliatory tariffs on a broad range of US products, including pork, beef and bourbon. … [Read more...] about US lifts tariffs on Canadian, Mexican metals in boost for trade pact

Vietnam posted a total foreign direct investment (FDI) capital of approximately US$8.47 billion by February 20, 2019, 2.5 times higher than the same period in 2018, according to the Foreign Investment Agency under the Ministry of Planning and Investment. With US$4.3 billion investment in Vietnam, accounting for 51% of total FDI capital, Hong Kong (China) tops the list of foreign investors in Vietnam in early 2019. Singapore came in second with a total US$979.1 millioninvestment in Vietnam, making up 11.5% of the total investment. It was followed by the Republic of Korea (RoK) with a total registered capital of US$873 million, accounting for 10.3% of total FDI capital. The agency said that FDI investment has increased sharply in both newly registered capital, supplemented capital and capital contribution, and in share purchase of foreign investors. In the two-month period, Vietnam saw 514 newly licensed projects with total newly registered capital of US$2.44 billion, up 75.7% over … [Read more...] about Two-month FDI attraction increases 2.5 times