ECONOMY

S&P warns of rising risk to China’s recovery

SHANGHAI – Rating agency S&P Global warned on Tuesday that China’s economic recovery from the novel coronavirus pandemic could be …

Meet the next-normal consumer

New York – As the world begins its slow pivot from managing the COVID-19 crisis to recovery and the reopening of …

Hong Kong economy to shrink 6 to 8 per cent

Hong Kong – Hong Kong’s economy is expected to shrink by between 6 and 8 per cent this year – in …

Japan: Carlyle Group to invest over 9.4 billion Dollars

eTOKYO – U.S. private-equity firm Carlyle Group plans to pour more than $9.4 billion into Japanese businesses over the next …

Chinese travel agencies expect a gradual recovery

Berlin/Shanghai – The COVID-19 outbreak has undoubtedly imposed enormous impact on the worldwide travel industry. The latest ITB China Travel Trends Report, …