If you woke up today and heard someone say that Wall Street’s tech sector was up more than 3 percent overnight, you’d expect it to be immediately followed by “April Fools’ Day.” But no, American stocks rose overnight, with the Dow Jones Industrial Average jumping 1,125 points on Tuesday. The benchmark S&P 500 gained 2.9 … Read more
From left: Li Qianfei, Zhao Yang, Zhu Zheng and Zhao Qin Zhong Lun Law Firm has continued to strengthen its position following the entry of litigation partner Tony Chow in February, with the appointment of late partners Li Qianfei, Zhao Yang and Zhu Zheng, as well as district partner Zhao Qin. The four join the … Read more
1. For the first time, China has included a comprehensive plan to strengthen household income in its top-level policy framework, which marks a major change as policymakers deal with low consumer spending despite GDP per capita holding above $13,000 for two years. The Urban and Rural Income Development Plan, proposed by the Communist Party in … Read more
To follow South China Morning PostChina’s deals include the “First Harvest” Economic Partnership Agreement that gives Kenyan exports such as tea, coffee and avocados duty-free and free access to the Chinese market from May. The agreement is expected to increase export earnings and help reduce Kenya’s trade imbalance with China, where imports exceed imports. After … Read more