Mahathir chairs economic meeting, cost of living takes centre stage
The Economic Action Council’s main aim is to spur and stimulate sustainable economic growth. Prime Minister Mahathir Mohamad chaired the first meeting of the Economic…
India calls emergency meeting over Jet Airways
Aviation Minister calls emergency meeting as debt-ridden Jet Airways grounds flights. Aviation Minister Suresh Prabhu on Tuesday directed his ministry’s secretary to hold an…
Demonization of Huawei will prove to be a political farce
A China Daily editorial looks at the ongoing fracas involving tech giants Huawei. China’s Palace Museum signed an agreement on Friday with Huawei Technologies Co Ltd to…
Lotte seeks to exit China after investing $7.2b
The super conglomerate has been aggressively expanding throughout Asia in recent years. Despite its hefty investments in China over the years, Lotte Group appears to be seeking a…
Court denies Ghosn’s request to attend Nissan board meeting
Former Nissan Motor Company Chairman Carlos Ghosn was released on bail last week. The Tokyo District Court denied the request of Carlos Ghosn, former Nissan Motor Co. chairman, to…
Xi backs private companies
Government should help create favorable business climate, president says. President Xi Jinping reaffirmed China’s commitment to supporting the development of private…
Nissan wary of Ghosn rekindling coup theory
Former CEO Carlos Ghosn was released this week on bail. Nissan Motor Co. has been wary of renewed criticism toward it since its former Chairman Carlos Ghosn was released on bail…
China: Huawei lawsuit legitimate, understandable
Huawei is suing the government for banning the company’s product from federal use. It is completely understandable for enterprises to safeguard their legitimate rights…
Foreign firms to get access to more sectors in China
Agriculture, mining, manufacturing, service sectors to be opened up, says state planner. China’s state planner has said more opening measures will be introduced in the…
China to boost consumption to stimulate a slowing economy
China will boost the incomes of urban and rural residents, and domestic consumption is expected to continue to expand and to upgrade. China is taking steps to bolster consumption…