China’s coronavirus outbreak has claimed it first big M&A deal. Melco Resorts & Entertainment Ltd, a Macau casino operator, has decided to not pursue its purchase of a stake in Australia’s Crown Resorts Ltd citing a plunge in traveler numbers… Read More ›
outbreak
Consultations with U.S. disaster-related clause in Phase-1 agreement could start after Q1: Global Times
On Thursday, the Global Times, published by China’s People’s Daily newspaper of the country’s ruling Communist Party said, Beijing is weighing the option of using a disaster-related clause in the Phase-1 trade deal with the United States following the outbreak… Read More ›
Thailand’s exports to China affected by coronavirus, to lose $65M in Q1
On Tuesday, a Thai shipping association said, Bangkok could lose as much as $64.6 million (2 billion baht) in exports to China in the first quarter due to the outbreak of the coronavirus; this is yet another example of the… Read More ›
Economic impact of coronavirus grips Chinese market
On Monday, China’s commodity and stock markets fell steeply in the first trading session after an extended Lunar New Year break, with investors dumping risky assets in response to heightened fears over the outbreak of the coronavirus across China. The… Read More ›
Chinese tourists visiting Thailand to fall by 2M in 2020
On Tuesday, Thailand’s Tourism Authority stated, it expects tourists from China to fall in the range 2 million to 9 million due to the coronavirus outbreak in that country. Around 11 million Chinese tourists, Thailand’s biggest source of visitors, visited… Read More ›
China’s coronavirus likely to impact first quarter profits of Chinese airlines
Chinese authorities have locked down two entire cities as they struggle to contain the outbreak of the new coronavirus which has so far reportedly killed 17 people and has infected more than 600 people, even as countries across the world… Read More ›
High stakes meeting at White House on China tariffs today
According to three sources familiar with the matter at hand, U.S. President Donald Trump is scheduled to meet with top trade advisers on Thursday in order to discuss U.S. tariffs which are scheduled to kick-in on December 15 on $160… Read More ›
China’s import of pork & beef at new record for first nine months of 2019
Data from the General Administration of Customs shows a sharp increase in the import of proteins by China in the first nine months of this year. On Monday, customs data showed, China’s import of pork and beef have surged. Pork… Read More ›