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Hong Kong facing shortage of healthcare professionals as population ages

September 17, 2019

MELBOURNE - In common with other developed economies, challenges facing Hong Kong's healthcare system include a fast-ageing population and an exponential increase in demand for public healthcare services, Hong Kong's Secretary for Food and Health, Professor Sophia Chan, told healthcare professionals in Melbourne today.

Vietnam tightens FDI rules as China/US trade tensions see more manufacturing relocating from China

September 11, 2019

HO CHI MINH CITY - In the context of escalating trade tensions between the US and China, more foreign and even Chinese manufacturers are moving their factories out of China to Vietnam, says Vietnam Asset Management (VAM) in its monthly newsletter for investors. "This gives Vietnam both opportunities and challenges," VAM says.

Why sentiment about Greater Bay is worsening, especially in Hong Kong

September 10, 2019

HONG KONG - The Hong Kong's economy is decelerating rapidly, partly because of the US-China trade war and a slowing Chinese economy, aggravated by recent social unrest. But among the uncertainties is the announcement for Hong Kong and Guangdong province in February of the "Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).

China's exports up 2.6% in August, imports down 2.6%; hopes for trade deal?

September 9, 2019

BEIJING - China's exports of goods rose 2.6% YoY in August, while imports fell 2.6%, according to Chinese Customs data. The State newsagency, Xinhua, said the European Union remained China's largest trading partner in August, with bilateral trade volume up 9.7% from August 2018, followed by ASEAN, up 11.7%, and the US, down 9%.