Category: ECONOMICS

Getting the wheels back on Japan’s travel industry

Unprecedented travel restrictions have crippled tourism, forcing businesses in the sector to rethink strategies and explore new opportunities BY ALEX MARTIN STAFF WRITER JUN 6, 2020 As COVID-19 brought travel to a standstill in April, a traditional Japanese inn in Fukui Prefecture began selling takeout… Continue Reading “Getting the wheels back on Japan’s travel industry”

Hainan FTP MASTER-PLAN Released to Establish China’s Biggest Free Trade Port by 2035

Ruslan Tulenov Supervisor at Hainan Provincial Bureau of International Economic Development On June 1, 2020, Chinese authorities released the Overall Plan for the Construction of Hainan Free Trade Port (“the Masterplan”), a large-scale plan to transform the entire island province into a free trade port (FTP)… Continue Reading “Hainan FTP MASTER-PLAN Released to Establish China’s Biggest Free Trade Port by 2035”

Hainan free trade port reaffirms China’s commitment to opening up

Chinese authorities on Monday released a master plan for the Hainan free trade port, aiming to build the southern island province into a globally-influential high-level free trade port by the middle of the century Ruslan Tulenov – Supervisor at Hainan Provincial Bureau of International… Continue Reading “Hainan free trade port reaffirms China’s commitment to opening up”

DRAWING BATTLE-LINES: US OPENLY TARGETS CHINA’S OBOR

Judging by US foreign policy – China is a massive global threat – and by some accounts – the “top” threat. But a threat to what? AFP would report in its article, “Trump nominee to lead intel community sees China as top threat,” that:… Continue Reading “DRAWING BATTLE-LINES: US OPENLY TARGETS CHINA’S OBOR”

Asian century began in May 2020

Region has emerged as an economic zone as closely integrated as the European Union by David P. Goldman – May 21, 2020 Economic historians may date the start of the Asian century to May 2020, when most Asian economies bounced back to full employment… Continue Reading “Asian century began in May 2020”

Morrison’s accord is WORK-CHOICES 2.0

Irrelevance is the enemy of political leaders, and to avoid sinking to the bottom of the field, they need to keep moving, adapt and make continuous announcements, even when there’s not too much to announce May 30, 2020 – Eddy Jokovich During a crisis, it’s… Continue Reading “Morrison’s accord is WORK-CHOICES 2.0”

Trump bets the farm on Huawei equipment ban

US president opts for so-called nuclear option to stop Chinese telecom giant’s rollout of 5G mobile broadband by David Goldman – May 22, 2020 After a failed two-year campaign to stop China’s Huawei Technologies from leading the world’s rollout of 5G mobile broadband, the… Continue Reading “Trump bets the farm on Huawei equipment ban”

Predictive vs. Preventive Maintenance: Which is Best?

The key to an effective, optimized strategy is finding the right balance Matt Sabee Most facilities today have well-thought-out maintenance programs. However, many facility managers are still asking one question: Which is better for my electrical system—preventive maintenance or predictive maintenance? In order to… Continue Reading “Predictive vs. Preventive Maintenance: Which is Best?”

South Korea is the pivot in the Huawei wars

Restrictions on semiconductor sales to Chinese companies are ‘unacceptable’ to Seoul by David Goldman South Korea has told Washington that restrictions on semiconductor sales to Huawei and other Chinese companies are “unacceptable,” according to industry sources.  Seoul is trying to mediate between Beijing and… Continue Reading “South Korea is the pivot in the Huawei wars”

China’s Belt and Road keeps steaming ahead in Laos

Covid-19 pandemic has not slowed Beijing’s increasingly crucial plan to build a railway connecting China to mainland SE Asia by John McBeth Under fire for bullying neighbors in the South China Sea, China is patting itself on the back for the progress it is… Continue Reading “China’s Belt and Road keeps steaming ahead in Laos”