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BEIJING (Reuters): Thousands of delegates from across the country will gather in Beijing next week for the annual meeting of parliament, where China will announce goals for 2021 as well as its next five-year plan for economic development.
BEIJING (Global Times): US Senate Majority Leader Chuck Schumer said on Tuesday (Feb 23) that he has directed lawmakers to craft a package of measures to counter China's rise, capitalising on bipartisan hard-line sentiment on Beijing in Congress to strengthen the US tech sector and counter "unfair practices."
HANOI (Vietnam News/ANN): Statistics from the General Department of Vietnam Customs showed that exports to Australia grew 62.08 per cent over the same period last year, hitting US$392 million last month.
FEDERAL Reserve chairman Jerome Powell (pic) signalled that the central bank was nowhere close to pulling back on its support for the pandemic-damaged US economy even as he voiced expectations for a return to more normal, improved activity later this year.
RAWANG: Perodua will launch its much-anticipated D55L compact turbocharged sport utility vehicle (SUV) on March 3, via an online premiere
KUALA LUMPUR: Sunway Bhd, Sunway Construction Group Bhd and Sunway REIT have joined the global initiative to support the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD).
HONG KONG (Bloomberg): Hong Kong's Financial Secretary Paul Chan pledged HK$120 billion (US$15.5 billion) of fiscal support targeted at consumers and the unemployed to help boost an economy emerging from two years of recession.
YANGON (Reuters): Myanmar was set for more street protests on Wednesday (Feb 24) against military rule as Indonesia sought to build momentum behind a diplomatic push involving other Southeast Asian countries to steer a path out of the crisis.
BEIJING: China’s iron ore imports hit a record 1.17 billion tonnes in 2020, with the average import price up 7.3% year-on-year to US$101.7 per tonne, which analysts say reflects robust demand in the downstream steel market and a continued and stable recovery of the Chinese economy.