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Opinion | What El Niño, pork supply and steel production have in common – they all point to China needing a stronger yuan

A pig on a farm in Changtu county, Liaoning province, on January 17. China is the world’s largest consumer of pork, and thanks to the mass culling of pigs to stop the spread of African swine fever, domestic production is expected to fall at least 4 million tonnes below demand. Photo: Reuters Source link

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Opinion | Why Indonesia is right to seek a low-carbon future for the sake of its economy, and people

Indonesian President Joko Widodo inspects a peatland clearing that was engulfed by fire in southern Kalimantan in September 2015. Such fires, often started to clear forest for plantations, are the cause of seasonal haze in the region, a recurring problem for Indonesia and its neighbouring countries. To meet its new targets on carbon emission reduction, Indonesia must fully enforce forest protection laws. Photo: AFP Source link

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Opinion | Proposed HK$1 trillion East Lantau Metropolis is the answer to Hong Kong’s future land needs

Seven public rental estates, comprising 20,600 units, are over 50 years old and ready for redevelopment. Yet, it has taken over four years to go through the town planning process to identify a feasible relocation site for the 9,100-unit Wah Fu Estate alone. Chief Executive Carrie Lam Cheng Yuet-ngor shows a pamphlet on the Lantau Tomorrow Vision proposal during a press conference on October 10, 2018. Photo: Dickson Lee The 7,400-unit Choi Hung Estate is facing the same challenge to dig out a massive relocation site. The Housing Authority currently…

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Opinion | Slowdowns in advanced economies have pushed investors to put money back into emerging markets – and ignore warnings

While both central banks are hoping that the recent downshift in growth – which stems in part from the fallout from the trade war – will prove temporary, the dovish policy shifts in Europe and America prolong the “lower for longer” interest rate regime that appeared to be coming to an end as the pace of US monetary tightening quickened in 2017 and 2018. Some investors, notably Pimco, an asset manager, fear the euro zone faces the same low-growth, low-inflation environment Japan has endured following the bursting of its asset…

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Ecommerce 

How China’s online opinion leaders – or KOLs – convert fans to sales, creating a nearly US$9 billion industry

The Kardashians may have been able to create a US entertainment phenomenon by revealing their luxurious lifestyle through a long running reality TV series, but Chinese key opinion leaders (KOLs) have been able to convert fans and generate sales on a level their western peers can only dream of.While western influencers are mostly video bloggers on Instagram or YouTube, Chinese KOLs can be columnists, socialites, photobloggers, or short video creators – and they have multiple channels through… Source link

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Opinion | Start-up nation: Are there lessons to be learned from Israel’s tech success?

Now, that work culminates when a SpaceX Falcon 9 is scheduled to launch from complex 40 at Cape Canaveral Air Force Station with SpaceIL’s lander in tow. The 32-minute launch window opens at 8:45pm Thursday (Friday morning Hong Kong time). From the beginning, the goal for SpaceIL was to induce an “Apollo effect”, capturing the imaginations of the next generation of scientists in Israel, and encouraging children to enter into the fields of science, engineering, technology and maths, much like the Apollo missions in the US did in the 1960s.…

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Opinion | China’s stimulus plan will lift the economy, just not right away

Bus ushers pose for photos ahead of the opening session of the National People’s Congress meeting at the Great Hall of the People in Beijing, on March 4. The Chinese government will step up tax cuts and increase infrastructure spending to stabilise the sagging economy, Premier Li Keqiang said in his annual work report at the meeting. Photo: AP Source link

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Opinion | How the Greater Bay Area can supercharge an economic dynamo

A long-exposure photo of boats passing a business area along the Pearl River in Guangzhou, Guangdong province. The Greater Bay Area plan puts Hong Kong in a stronger position to finance and collaborate with Shenzhen’s and Guangzhou’s innovative and internationally minded hi-tech manufacturing and services sectors. Photo: Reuters Source link

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Opinion | Why Huawei should lie low and plan a US listing instead of going on the offensive

Huawei founder Ren Zhengfei said in 2015 he had “already transferred” his duties to a successor. So when it comes to his recent remarks about Huawei, should the world understand him to be speaking as a father, whose daughter is still in detention in Canada, and not as a businessman whose words still carry weight? Photo: AFP  Source link

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Opinion | Mixed pre-Brexit messaging with Japan and China has muddled the UK’s post-Brexit future

UK Prime Minister Theresa May speaks while Japan’s Prime Minister Shinzo Abe listens during their joint news conference in London on January 10. Britain’s attempts at negotiating a post-Brexit trade deal with Japan hit a roadblock when Tokyo expressed frustration with UK officials’ negotiation tactics. Photo: Pool via Bloomberg Source link

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