By Steven Irvine – Founder, CEO & Editor ‘Week in China’ ECONOMY, TALKING POINT Greener pastures Chinese firms look for new growth in ‘Going Overseas’ trend July, 2022 (WiC 591) Shein, the Chinese app popular with clothes shoppers overseas After launching the open-door policies and economic reforms of the late 1970s, Chinese policymakers made inward foreign investment the first priority for their economy. With China’s accession to the World Trade Organisation in 2001, ‘Going Out’ then started to become more of an…
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Super Six Racing has spent over five years developing and extensively testing and trialing a new team-based horse racing format. The result is a new fast paced, thrilling spectator sport that stands out in the modern sporting arena. Operating under the brand name ‘Global Team Horse Racing (GTH)’, it is a gamechanger, transforming the most traditional of sports into a dynamic sporting entertainment for the whole family. GTH LIVE transforms the racing format without losing the essence of the…
The Caveat that this was based on business sentiment prior to Russia/Ukraine conflict erupted in Feb of 2022, but still covers some interesting trends, initiatives and actions which remain relevant and even more urgent given this event, inflationary woes and ongoing supply chain disruption. A key takeaway from this report is that the regional policy community is optimistic about the prospects for growth over the next 12 months which may well now be tempered given the sudden shock of a…
Transitioning to clean energy is imperative for ensuring the region’s energy security Unravel editorial team The ongoing energy crisis has put the spotlight squarely on Southeast Asia’s heavy reliance on fossil fuels to meet growing energy demand. The region is plagued with “significant vulnerability”, according to the International Energy Agency’s (IEA) recent report Southeast Asia Energy Outlook 2022. Addressing this challenge will require multi-pronged solutions including greater energy efficiency, a push for more renewable power generation and a switch to…
From its roots as a trade centre to its present-day position as a pioneering tech hub, Singapore is poised to emerge as a carbon trading capital connecting East to West for a greener, carbon neutral world Bo Bai Executive Chairman and Co-Founder of MetaVerse Green Exchange Europe has long been the de facto leader in the sustainability agenda. From spearheading forward-looking guidelines to regulating the EU’s carbon removals market to goals of becoming the first climate-neutral continent through the European…
Sponsor: Neste The global urgency to reduce dependency on fossil fuel energy imports is now clearer than ever. So what’s next? Author: Chris Stokel-Walker, May 2022 Against the backdrop of an urgency to reduce reliance on fossil fuels for climate reasons, the war in Ukraine has further intensified the need to replace an enormous amount of fossil-based energy with almost immediate effect. Both the recent UN’s Global Climate Summit COP26 in Glasgow and the latest IPCC report on climate change…
By Steven Irvine – Founder, CEO & Editor ‘Week in China’ ECONOMY, TALKING POINT The great reconfiguration Is the global supply chain set to be reshaped after Shanghai’s lockdown? Apple is said to be looking to India and Vietnam to boost supply chain resilience and diversify from China Is Shanghai’s two months of Covid lockdown finally coming to an end? Not quite yet, it seems, with most of the city’s 25 million residents still waiting for the green light to leave…
Prospects for the global economy have darkened since the outbreak of war in Ukraine on 24 February, prompting WTO economists to reassess their projections for world trade over the next two years. The organization now expects merchandise trade volume growth of 3.0% in 2022 — down from its previous forecast of 4.7% — and 3.4% in 2023, but these estimates are less certain than usual due to the fluid nature of the conflict (Table 1). The most immediate economic impact…
By Steven Irvine – Founder, CEO & Editor ‘Week in China’ Charging into our list Latest update to our Top 50 Unicorns ranking adds more EV-related firms The one year-old EV spin-off from Geely is now worth $10 billion and places 10th in our ranking For anyone watching the new Apple TV+ drama WeCrashed about Adam Neumann’s meteoric rise and implosion as the boss of WeWork, the unicorn will be a familiar image. That’s because in the opening credits the…
This report highlights the firm’s environmental, social and governance (ESG) commitments and progress across four key pillars: Planet, People, Prosperity and Governance. Its Impact Plan (OIP) demonstrates the firm’s commitment to greater transparency and accountability for its actions and impact on society. A timely read for our PBEC Community especially for those of you having to comply with your own ESG requirements. Explore more by clicking here: https://lnkd.in/g3kZNS4e