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Economy asian news

Li Qiang - KEN MORITSUGU - China pledges to increase opportunities for foreign companies as it seeks to boost its economy - apnews.com - China - Usa -  Beijing - Washington - Ukraine

China pledges to increase opportunities for foreign companies as it seeks to boost its economy

BEIJING (AP) — Chinese Vice President Han Zheng pledged Friday to provide more opportunities for foreign companies in China as the government tries to restore confidence in the world’s second largest economy.

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SuLin Tan - Lippo Group’s John Riady on his hopes, dreams for Indonesia – and the family business - scmp.com - China - Indonesia - county Pacific

Lippo Group’s John Riady on his hopes, dreams for Indonesia – and the family business

According to the younger Riady, emerging Indonesia is not only ready to graduate as an advanced economy, but in time, become a key global political player.

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Nikkei staff writer - IORI KAWATE - China slips further from high-income status as earnings measure dips - asia.nikkei.com - China -  Beijing

China slips further from high-income status as earnings measure dips

BEIJING -- China's per capita gross national income declined in dollar terms for the first time in 29 years in 2023, government data released Thursday shows, pulling it further from the World Bank's threshold for a high-income country.

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Xi Jinping - Analysis: Can Xi Jinping's 'buy new products' campaign fix China's economy? - asia.nikkei.com -  Tokyo - China

Analysis: Can Xi Jinping's 'buy new products' campaign fix China's economy?

Katsuji Nakazawa is a Tokyo-based senior staff and editorial writer at Nikkei. He spent seven years in China as a correspondent and later as China bureau chief. He was the 2014 recipient of the Vaughn-Ueda International Journalist prize.

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NORMAN GOH - Anthony Loke - Malaysia to let foreign vessels repair undersea cables - asia.nikkei.com - Malaysia -  Kuala Lumpur - county Will

Malaysia to let foreign vessels repair undersea cables

KUALA LUMPUR -- The Malaysian government will again allow foreign ships to be involved in undersea cable repair work, hoping to spur the growth of the country's digital industry.

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Silvia Amaro - Europe is having its worst earnings season since the onset of Covid — with little hope of a quick turnaround - cnbc.com - China

Europe is having its worst earnings season since the onset of Covid — with little hope of a quick turnaround

LONDON — Around a half of European companies missed earnings expectations in the latest reporting season despite already low expectations, analysts told CNBC, who predicted that the region will continue to struggle amid high interest rates.

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Vivian Wang - Murder and Magic Realism: A Rising Literary Star Mines China’s Rust Belt - nytimes.com - China

Murder and Magic Realism: A Rising Literary Star Mines China’s Rust Belt

For a long time during Shuang Xuetao’s early teenage years, he wondered what hidden disaster had befallen his family.

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Shreyashi Sanyal - Reuters - India 'easily' the fastest growing economy, IMF executive director says, as GDP growth blows past estimates - cnbc.com - India

India 'easily' the fastest growing economy, IMF executive director says, as GDP growth blows past estimates

India is 'easily' the fastest growing economy in the world, IMF executive director Krishnamurthy Subramanian said, as the country's third-quarter GDP growth blew past analysts' estimates.

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