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22.03.26 - 07:30
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HSBC vows to keep investing in China amid global tensions as new trade corridors emerge (SCMP)
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HSBC CEO Georges Elhedery has vowed to continue investing in China amid escalating trade tensions after witnessing new trade opportunities from Chinese companies going global.
While attending the two-day China Development Forum (CDF) 2026 in Beijing on Monday, Elhedery characterised China's current trajectory as a “new phase of development” that would define the next era of global economic growth.
Although 2025 saw steady growth in global trade, the landscape has been complicated by shifting......
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22.03.26 - 02:36
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Chinese ′new style tea′ makers expand in South Korea in challenge to coffee dominance (SCMP)
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Chinese tea brands are accelerating their expansion into South Korea, driven by intensifying competition at home and rising demand for healthier beverages in a market long dominated by coffee.
Chagee, known for its milk tea and branding inspired by traditional Chinese culture, said it planned to open three stores in Seoul in the second quarter, marking its first expansion into East Asia outside China.
The company operated 7,338 teahouses as of the end of September and has built a significant......
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21.03.26 - 22:36
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Iran Ready To Let Japanese Ships Use Hormuz As Chinese, Indian Tankers Already Allowed Passage (ZeroHedge)
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Iran Ready To Let Japanese Ships Use Hormuz As Chinese, Indian Tankers Already Allowed Passage
While Iran's decision to close the Straits of Hormuz in response to the US-Israeli bombing campaign was understandable, after all it's the biggest point of leverage the IRGC-controlled nation has left (it is certainly more understandable than bombing all of its Gulf neighbors in the process pushing them from being on the fence to being staunchly anti-Iran), there was always a bit of a glitch in Tehran's calculus: as we showed the day the war broke out, the biggest clients of Gulf exporting nations by far are China, India, Korea and Japan, namely Asian countries which - with the exception of Japan - are hardly allies of the US. Therefore, the countries that would be hit the hardest were those Pacific rim nations that would buy millions of barrels of oil daily from Gulf countries before the war, and now find that oil indefinitely blocked behind the Strait.
While prices are fungible, the biggest lose...
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