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PRESIDENT Xi announced recently that: “our aim is to turn the China market into a market for the world; a market shared by all, and a market accessible to all. This way, we will be able to bring more positive energy to the global community.”
I FIRST visited China in 1974 during the disruptive cultural revolution. What I saw then, especially in rural China (incidence of rural poverty, I was told, being 99%) really made me appreciate the good life – even as we knew it then – we already had in Malaysia. Not unlike the rest of the world, ending absolute poverty has been a China dream for centuries.
Part I: High quality growth to sustain global leadership
BANKS worldwide are closing down branches and slashing their usage of office space like never before in a sure sign that the coronavirus pandemic has brought about permanent changes to the financial world.
SPECIAL-PURPOSE acquisition company (SPAC) is the way to go these days. Pots of capital are being raised on Wall Street by investors. Such a blank-cheque company has marshalled more money and outnumbering traditional initial public offerings (IPOs).
As more listed companies take part in agriculture production, the local industry could get an uplift
MALAYSIA registered a deflation in 2020, the first time it saw a decline in general prices in 51 years.