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Looking for a used home in Shenzhen? Be prepared to pay extra as sellers want more after land sales fetch record prices

Buyers looking for secondary property in Shenzhen will have to pay more as homeowners have raised their asking prices following the record prices achieved in a rare government land tender last month.Developers are betting big on the tech hub, dubbed China’s Silicon Valley, attracting talent on the back of the Greater Bay Area initiative – a scheme launched by Beijing earlier this year to link Hong Kong, Macau, Shenzhen and eight cities in Guangdong province into an integrated economic and… Source link

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China Taiping Life Insurance well prepared for new opportunities

[Sponsored Article] 2019 marks the 90th anniversary of China Taiping Insurance Group, a Chinese state-owned insurance company founded in Shanghai in 1929. Being the only Chinese state-owned financial and insurance group whose management headquarters is located in Hong Kong, China Taiping has businesses spanning a number of countries and regions, particularly in Mainland China, Hong Kong, Macau, North America, Europe, Oceania, East and Southeast Asia. Celebrating this important milestone,… Source link

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China 

Donald Trump prepared to impose lower tariffs if China talks fail

This story is published in a content partnership with POLITICO. It was originally reported by Pradnya Joshi on politico.com on June 26, 2019.US President Donald Trump said on Wednesday he was prepared to impose additional tariffs on China if talks this week do not end in progress, but suggested additional duties could start at a lower amount of 10 per cent.Trump has already imposed 25 per cent tariffs on US$250 billion worth of Chinese goods and has been preparing to levy duties on the… Source link

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Singapore 

Jewel Changi Airport’s massive playground opens June 10 – but be prepared to pay up to $54 for the full experience , Singapore News

Come June 10, Jewel Changi Airport will officially open their 14,000 sqm playground located at the highest floor. Home to seven playscapes and creative gardens, the Canopy Park is a first-of-its kind attraction for both the young and the young at heart. Before you make plans to head down though, be prepared to shell out up to $54 if you’re an adult and $39 for children or senior citizens if you want the full Canopy experience. According to the folks at Jewel, the ticketing system is for crowd control and safety purposes…

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Huawei’s chip unit says it prepared years ago for doomsday scenario of US tech ban

Years ago when Huawei’s wholly owned semiconductor unit drew up its contingency plans, executives discussed the various doomsday scenarios that could deal a death blow to the group. One such scenario was the US cutting off access to advanced chips and technology.Though hopeful that it would never happen, HiSilicon devoted significant resources to building a backup to ensure the survival of the group, according to a memo by Teresa He Tingbo, the company president.With the US putting Huawei and… Source link

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Singapore 

Khaw Boon Wan ‘fully prepared’ for surgery on fractured arm, says recovery can take several weeks, Singapore News

SINGAPORE – Transport Minister Khaw Boon Wan will be undergoing surgery on his fractured left arm on Friday (March 1). Mr Khaw, 66, thanked well-wishers in a Facebook post on Wednesday, adding that he was “fully prepared for the upcoming surgery”. He said that he would have to be patient in getting better, as “the bones’ recovery can take several weeks”. “I’m in the best of hands and looking forward to a full recovery,” he added. Mr Khaw is warded in Singapore General Hospital. In his post, Mr Khaw said…

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Vietnam 

Ministry of Planning and Investment prepared to respond to economic changes – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — The Ministry of Planning and Investment (MPI) will keep track of the economic changes in the domestic and the world markets, and strengthen its role as a Government advisory body to help ensure the success of the national targets set for this year. This statement was made by Minister Nguyễn Chí Dũng on Wednesday during an online conference reviewing its work in 2018 and setting tasks for the next 12 months. Attending the meeting, Deputy Prime Minister Vương Đình Huệ applauded…

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Oneworld prepared for Qatar Airways to leave but it is not giving up on trying to convince them to stay put

Oneworld is braced for the exit of gulf carrier Qatar Airways, but the airline alliance has made a plea for the Gulf carrier to stay within the global airline grouping. Despite the fissures in the global pact, CEO of the alliance Rob Gurney said in an exclusive interview with the Post that the group was ploughing on with its biggest expansion of member airlines in several years. Qatar Airways remained a member of the airline club as of the conclusion of the biannual Oneworld board meeting in New York last…

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Chinese chip maker Fujian Jinhua is accused of stealing US technology. This time, China is fully prepared to fight back

US Vice-President Mike Pence has added fuel to the fire of the trade war and also reportedly threatened “a cold war” unless China makes substantial changes on a wide range of issues, with technology theft at the top of the list. He made the remark in the wake of President Donald Trump’s claim that China “got rid of” its “Made In China 2025” plan because he told the Chinese he “found it insulting”. And looking at the case of Chinese memory chip maker Fujian Jinhua Integrated Circuit Co, accused of…

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