On May 27, Secretary of State Mike Pompeo declared Hong Kong to be no longer autonomous from China. The State Department announcement could enable Congress to end longstanding rights to freer trade and travel between Hong Kong and the U.S. … Continue reading →
According to a study published in The Lancet, about fifty percent of the global production of face masks is in China, which has a production capability of around 20 million face masks per day. MarketWatch reports that the global face … Continue reading →
Foreign institutional investors were net buyers of Chinese commercial real estate, totaling $2.7 billion in Q1–2019, according to The Wall Street Journal (citing data from Real Capital Analytics). This is a reversal from most of the period between 2013 to … Continue reading →
Starting January 1, 2017, Chinese citizens have to report the purpose of their currency purchases to the State Administration of Foreign Exchange (SAFE), the country’s foreign exchange regulator. For several years, Chinese citizens have been limited to transferring up to … Continue reading →
Real estate investment in Vietnam increased by 12 percent this year, compared with the year before, according to Forbes. Vietnam’s economy is growing by 6.4 percent with relocation of industry from China into Vietnam being one of the factors for … Continue reading →
Yum! Brands’ Chinese spin-off, Yum China began trading on the New York Stock Exchange today at $24.51/share. Yum! Brands is the parent company of KFC, Pizza Hut and Taco Bell. With about 7,200 restaurants and $6.9 billion in revenue, Yum … Continue reading →
Louisville, KY based Yum Brands, Inc., revised its projects core operating profit projections from 12 percent growth from a year earlier to 14 percent growth from a year earlier (adjusted for currency conversion). Yum, which operates the licensed brands Taco … Continue reading →
Pacific Investment Management Co. (Pimco) is predicting that U.S. commercial real estate prices may fall as much as five percent in the next 12 months,
Continue reading →Shareholders of both Marriott International and Starwood Hotels & Resorts Worldwide Inc. have approved Marriott’s $14.41 billion acquisition of Starwood, according to The Washington Post. Starwood stockholders will receive 0.8 shares of Marriott common stock at closing plus $21.00 in … Continue reading →
In the year ended in March, Chinese buyers spent $28.6 billion on homes in the US – more than double their purchases two years before,
Continue reading →