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Indonesian companies ask China to up stake in high-speed rail project as its Covid-19 total nears 1.6 million
As Indonesia's Covid-19 total reached 1,599,763-total on Saturday after 5,041 new cases was recorded; Indonesian state companies building a Chinese-funded high-speed rail line are negotiating for Beijing to increase its stake in the project after budget overruns look set to boost costs by a fifth.
China has factories secured against vandalism in Myanmar but how can it protect itself from anti-China sentiment?
32 Chinese-invested factories in Yangon were damaged, two Chinese workers were wounded and property damage amounted to US$37.8 million: state mediaBeijing is right to be cautious about anti-Chinese sentiment which could extend beyond Myanmar, says academic
Asean News Headlines as at 7pm on Tuesday (March 16)
Here's a look at the news highlights from Asean countries in the Star-AseanPlus section for Tuesday (March 16)
China tells state firms in Myanmar to evacuate non-essential staff
State firm source says they were given the instructions after attacks on Chinese-owned factories in Yangon on SundaySituation is tense and almost all Chinese projects have stopped, sources say
American Rescue Plan: China worried about economic impact of Joe Biden’s US$1.9 trillion coronavirus bailout
US President Joe Biden’s US$1.9 trillion American Rescue Plan received final approval from the US Congress on WednesdayIt was signed into legislation on Thursday, but concerns have been raised about its potential to cause further financial market turmoil
China ‘needs’ trade pact like CPTPP to force it into domestic reform, says former commerce minister
Wei Jianguo, a former vice-minister at the Ministry of Commerce, says China joining CPTPP could spark positive reform in some sectorsWei says ratification of rival RCEP deal can also play an important role in free-trade deal negotiations with Japan and South Korea
China’s ‘two sessions’: leaders must decide whether to scale back economic stimulus as other risks loom
World’s second-largest economy rolled out huge economic relief last year, but domestic debt and ‘grey rhino’ risks could threaten China’s financial systemChina is expected to set an economic growth target of about 6 per cent for 2021, but some say it should skip setting a numeric goal for second consecutive year
WTO: Ngozi Okonjo-Iweala faces tall order to reform global trade body, Chinese experts say
Ngozi Okonjo-Iweala faces a steep challenge to reform the World Trade Organization, including its dysfunctional appeals body, Chinese experts sayRestoring its Appellate Body will be a priority for the Nigerian as she starts her term as the first woman and first African to lead the global trade body
India to spend money despite widening fiscal gap
Support to comprise mostly of loan guarantees to firms
China warns of risks of inflated credit ratings amid bond defaults
SHANGHAI: China's interbank bond market regulator has warned of the risk of inflated credit ratings and widespread industry problems following a review, after defaults by highly rated state-owned enterprises triggered market panic.
