Friday, October 19 2018 | ASIA TODAY INTERNATIONAL - Reporting the Business that Matters in Asia
PARIS - In a report published today, global credit insurer Coface said increased protectionism is affecting a large number of economies - both advanced and emerging. It says use of import tariffs by the US has doubled since 2009, with a sharp increase between 2016 and 2018. Nevertheless, these tariffs still only account for one-sixth of protectionist measures in place worldwide, Coface says.
NEW DELHI – Prime Minister Narendra Modi has told the first Assembly of the International Solar Alliance to be held here that India is targetting 40% of electricity generation from non-fossil fuel-based resources by 2030 as it looks to tap vast solar and wind potential to replace reliance on coal.
HONG KONG – ANZ Bank says the jump in China’s exports in September suggests a strong front-loading effect ahead of the implementation of an additional US$200 billion of tariffs, and says it will watch for downside risks to China’s exports in Q4.
TAIPEI – In her Double Ten National Day address, Taiwan’s President, Tsai Ing-wen, has vowed to build a stronger Taiwan by boosting national security, economic competitiveness and the social safety net. In the face of dramatic changes in international politics and economics, and the expansion of China’s influence, Taiwan would pursue a strategy of stability, adaptability and progress rooted in national strength, Tsai said.
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Organised by the Hong Kong Trade Development Council, Messe Frankfurt (HK) and the Environment Bureau of the HKSAR Government, the 13th edition of Eco Expo Asia will host some 330 exhibitors from 19 countries and regions at AsiaWorld-Expo.
Groups from Hunan, Zhaoqing and Inner Mongolia will participate for the first time, joining 13 international pavilions to showcase the latest green technologies. www.hktdc.org
The Gala presentation dinner for the 7th HKABA National / Cathay Pacific Business Awards will be held in Sydney on November 2 at the Novotel on Darling Harbour.
The Awards recognise excellence in Australian business and trade links with Hong Kong SAR and/or China. Bookings and inquiries to Teresa Lee, National Secretariat, HKABA, tel (61 2) 9267-3158, email hkaba@hktdc.org Visit www.hkaba.com.au
