On Monday, in a statement the Airports Council International (ACI) Asia-Pacific stated, airport passenger traffic in the Asia-Pacific region is likely to shrink by 24% due to China’s coronavirus, thus causing a loss of $3 billion in airport revenues. Cancellation… Read More ›
director-general
Negotiations in EU-China investment agreement enters ‘critical stage’: EU’s ambassador to China Nicolas Chapuis
On Friday, a senior EU official stated, following six years of negotiations, EU-China negotiations on investment agreement have entered a “critical stage” and are progressing well. In a news briefing in Beijing, Nicolas Chapuis, EU’s ambassador to China, stated, progress… Read More ›
Tanzania’s $10 billion China backed port facing strong headwinds over investment terms
According to Tanzania the conditions laid out by China for this infrastructure project are commercially unviable. Many economists say, China-backed infrastructure projects are a huge debt magnet and economically de-stabilises the economy of the host country. According to a senior… Read More ›
Cliffhanger Brexit will have deep impact for select sectors: WTO’s Director-General
The British parliament’s decision on April 12 will be is a milestone that Brexit watchers will be looking at very keenly. According to Roberto Azevedo, Director-General of the World Trade Organisation (WTO), if the United Kingdom were to leave the… Read More ›
Australia to exclude telecom equipment suppliers with ties to foreign governments from its 5G market
Given that 5G will become a critical infrastructure since it will connect everything ranging from smart gadgets to automobiles, telecom equipment suppliers will be scrutinized for their ties to foreign governments. In what could possibly explain Australia’s move to ban… Read More ›