The new G-7 infrastructure plan offers an alternative to China’s Belt and Road

The Group of Seven announced a new infrastructure financing program that could rival China’s Belt and Road Initiative. One expert says the G7 plan offers hope for developing countries, but it remains to be seen whether it can match the Belt and Road Initiative. on Sunday, United States and The other members of the G-7 … Read more

This is what China’s Alibaba and Queizhou say about the economy

Across the five GMV e-commerce platforms, Alibaba’s market share declined 6% in the first quarter versus the fourth, according to Bernstein’s analysis. Street | Afp | Getty Images Beijing – Ali Baba He was once the poster child for investing in modern China. Now the e-commerce market that fueled its growth is slowing down, while … Read more

Singapore imports 90% of its food – how does it deal with inflation?

A rooftop farm in Singapore on May 27, 2020. The small island nation lacks natural resources and imports more than 90% of its food from more than 170 countries and territories. Lauren Isaac | Bloomberg | Getty Images Singapore is known for its wide variety of street foods and local cuisine, but many may not … Read more

Here’s how dependent Apple’s supply chain is on Shanghai

Apple opened its 54th flagship store in Greater China in Wuhan in May. The iPhone maker warned in late April that supply chain disruptions due to China’s Covid controls were likely to hurt sales in the current quarter by $4 billion to $8 billion. soba pictures | Light Rocket | Getty Images Beijing – An … Read more

Abrdn CEO says Indian and Chinese stock markets could grow fourfold by 2050

A guard walks past the National Stock Exchange building in Mumbai, India, on February 9, 2018. Danish my friend | Reuters Indian and Chinese stock market capitalization could grow fourfold by 2050 as Asia turns from “lazy to pioneer” in climate transition, according to Abrdn CEO Stephen Bird. In a letter seen by CNBC marking … Read more