Conversation that matters podcast will interview leaders in business & global investment, international Compaines, corporations, & emerging market leaders.
In Zhuzhou, China, the world's first railless tram operates on virtual tracks, eliminating the need for physical rails.
This innovative streetcar can travel up to 70 km/h and carry as many as 500 passengers.
Sri Lanka, Bangladesh, and Hong Kong have expressed interest in joining the Regional Comprehensive Economic Partnership (RCEP) agreement, with some steps taken toward formal application.
On December 29, Ambassador Qi Zhenhong visited Trincomalee, Batticaloa and Ampara of Eastern Province. With the assistance of the Provincial Government and 3 District Secretariats, thousands of food packages valued at 16 million LKR were distributed to those flood affected families.
China breaks a new record in high-speed train construction, unveils CR450 prototype in Beijing, capable of 450 km/hour.
Last record, which I had the pleasure to witness personally, was 350 km/hour when I took the train from Beijing to Shanghai.
China's high-speed rail network has reached 47,000 km, which is about 7,000 km longer than the circumference of Earth.
More details:
https://t.co/OYNIrNrsZV
Why Asian managers don't focus on returns on capital:
- Listing rules that favor insiders & controlling shareholders
- Asset-backed lending systems
- Rewarding revenue growth
- Restrict share repurchases
- No shareholder activism
- Industrial policy
Longriver Partners Fund
The 𝟭𝟯𝘁𝗵 𝗙𝗮𝗺𝗶𝗹𝘆 𝗢𝗳𝗳𝗶𝗰𝗲 𝗕𝗿𝗶𝗲𝗳𝗶𝗻𝗴 𝗛𝗼𝗻𝗴 𝗞𝗼𝗻𝗴 continues with a series of enlightening sessions and dynamic discussions. Stay tuned for more!
#AsianInvestor#FOBHK
China's overseas investment saw robust growth in the first five months of the year. Non-financial outbound direct investment (ODI) reached US$60.2 billion, a 16.3% increase from last year. Investment in Belt and Road Initiative countries rose 12.7% to US$12.81 billion. Contracted overseas projects' turnover grew by 8.8% to US$58.79 billion, with newly signed contracts totaling US$87.3 billion, a 21.7% increase. A new regulation to streamline overseas project contracting will take effect on July 1.
China attempts to create more development opportunities for #manufacturing through high-standard #openingup, as well as support #enterprises in expanding into intl markets. It encourages more #investment of foreign capital in advanced manufacturing and new and high-technology sectors, and continues to provide goods, services and support to foreign-funded enterprises. https://t.co/a86gqHIpO6