For four decades, “Made in China” has been a defining feature of global capitalism. China has manufactured a majority of global exports since 2010, and many countries are emulating its development paradigm. But a wave of disappointing economic news from China has given rise to increasingly gloomy forecasts, with some going so far as to argue that decline is imminent. There has been much speculation about this reversal’s implications for the global economy, but what does it mean

TAIPEI, Sept. 7, 2023 /PRNewswire/ -- Asian Hardware Online Exhibition (AsianHardware 2023) is a virtual and physical integration targeting Asian suppliers, importers, and exporters. It will be exhibited from September 07, 2023, to March 06, 2024, and will be an excellent opportunity for exhibitors to expose their brands. This transnational trade event, jointly organized by AsianNet and TradeAsia (www.e-tradeasia.com), be held once a year starting in 2022. In terms of quality and quantity, there

Hyundai Motor Co., South Korea's biggest carmaker by sales, said Monday it will launch the all-new Santa Fe SUV in the domestic market this week, with the goal of selling 28,000 units this year. The fifth-generation Santa Fe, set to go on sale on Wednesday, will be available with a 2.5-liter turbocharged gasoline engine or a 1.6 turbocharged gasoline hybrid engine, the company said in a statement. The 1.6 gasoline hybrid model sells at 40 million-48 million won ($30,000-$36,000) depending o

RevPAR Recovers To 121% Of The 2019 Level HONG KONG, July 26, 2023 /PRNewswire/ -- H World Group Limited ("H World" or "the Group", NASDAQ: HTHT and HKEX: 1179) announced its preliminary results for hotel operations in the second quarter ended 30 June 2023 ("Q2 2023"). As of 30 June 2023, H World operates 8,750 hotels with 844,417 rooms in 18 different countries. For the Legacy-Huazhu business, the RevPAR recovered significantly to 121% of the 2019 level, benefiting from

Innovative Investment Model Partners with Kibbutzim to Prototype and Test Emerging Technologies to Scale Globally TEL AVIV, Israel, July 19, 2023 /PRNewswire/ -- FLORA Ventures™ announces the launch of its $80M fund, and its first closing with commitments of $50M, making it the largest Israeli-based AgriFood VC. And, according to IVC data, it is the largest Israeli new VC fund to have completed a first closing during 2023 across all tech investment verticals. Gil Horsky,

SEOGWIPO, Jeju Island -- Gone are the days when it was sufficient for companies to have the upper hand in the global market by sharpening their competitive edge on their own. Governments and corporations teaming up together has become a global phenomenon to deal with uncertainties induced by supply chain disruptions and economic rivalry between the US and China, SK Group Chairman Chey Tae-won said Wednesday. Fragmented global markets unfolded new ways of survival, requiring governments to partne

The health supplement market has been seeing increasing demand as people prioritize their immunity and well-being, especially after the global COVID-19 pandemic. Mirae Wellcare aims to cater to those needs by providing affordable and healthy products to consumers. Accordingly, its health supplement brand, Metamix, offers a variety of health-boosting supplements while simultaneously contributing to a culture of sustainability. Metamix products, such as the 10 Billion Probiotics and Lutein Eye Car

By Koo Hyuk-chae Director-general of R&D policy bureau Ministry of Science and ICT Starting with the invention of the transistor at Bell Labs in the United States in 1947, semiconductors have constantly advanced and are now embedded in all devices that require computing power. Last year, the global semiconductor market size amounted to approximately $640 billion, of which 20 percent, or $130 billion, was occupied by the Korean semiconductor industry. The semiconductor industry is the No. 1

Electricity Generating Authority of Thailand (EGAT) is accelerating Hydro-floating Solar Hybrid projects in dams to respond to the green energy demand of the business sector, drive sustainable economic growth, and enhance the country's international competitiveness. It is also studying eco-friendly electricity generation technology and preparing to upgrade the energy-saving No.5 label to display the number of carbon emission reduction, coupled with increasing green space through the Partici

BANGKOK, June 19, 2023 /PRNewswire/ -- The National Innovation Agency, Thailand (Public Organization) or NIA announced the organization of "STARTUP x INNOVATION THAILAND EXPO 2023" (SITE 2023), the largest Thai innovation and startup network event of the country operating under the concept of INNOVATION PARTNERSHIP - TOGETHER WE GROW, aiming to foster "Innovation Partnerships" to drive Thailand towards an innovation-driven future, uniting the strength of 4 sectors of the coun

SINGAPORE, June 14, 2023 /PRNewswire/ -- On June 12, the inaugural Asia New Vision Forum commenced at the iconic Marina Bay Sands in Singapore. Organized by Caixin Global with the support and collaboration of the Singapore government, the forum received official backing from the Singapore Economic Development Board (EDB) and the Singapore Tourism Board (STB). As the first international business summit organized by a Chinese media organization after the pandemic, the forum attracted over 400

MILAN — Silvio Berlusconi, the boastful billionaire media mogul who was Italy's longest-serving premier despite scandals over his sex-fueled parties and allegations of corruption, died Monday, according to his television network. He was 86. Mediaset announced his death with a smiling photo of the man on its homepage and the headline: “Berlusconi is dead.” Berlusconi was admitted to the San Raffaele Hospital in Milan on Friday, his second recent hospitalization for treatm

LONDON, June 12, 2023 /PRNewswire/ -- Highlights Funds advised by Appian agree the sale of the wholly owned Atlantic Nickel and Mineração Vale Verde to ACG for US$1.0 billion, while ACG will also pay US$65 million to extinguish the gold stream over Mineração Vale Verde, all in cash Provides a compelling value proposition for ACG, which will be the only London-listed nickel sulphide producer of scale, creating a natural platform for further gr

China, which has been South Korea's dominant export destination for almost two decades, is currently facing a challenge to its longstanding position. According to a report by the Korea International Trade Association, Korea's reliance on exports to China has steadily declined from 26.8 percent in 2018 to 22.8 percent last year. In the first quarter of this year, it dropped even further to 19.5 percent. The Ministry of Trade, Industry and Energy report on Tuesday also showed that the decline in e

SUSS Venture Builder programme and a new fundraising programme for non-profit organisations to realise dual purpose-driven and profit-making needs SINGAPORE, May 31, 2023 /PRNewswire/ -- The Singapore University of Social Sciences (SUSS) has signed a Memorandum of Understanding (MOU) with the National Volunteer & Philanthropy Centre (NVPC) to equip Non-Profit Organisations (NPOs) in Singapore with critical skills to develop revenue-generating innovation and fundraising capabilities 

Transformative innovations and best practices recognised for raising quality of eldercare and promoting ageing workforce to accelerate age inclusivity SINGAPORE, May 26, 2023 /PRNewswire/ -- In light of APAC's fast-ageing population in the world, 27 notable influencers, trailblazers and promising startups from Singapore and the region were recognised for their innovative and outstanding contributions towards improving the quality of living for the elderly in the region at the 11th Asia

Capitalising on the Surging Appetite for Thai Real Estate BANGKOK, May 25, 2023 /PRNewswire/ -- Thai real estate developer, Ananda Development PCL, has unveiled its expansion plans into international markets by forging strategic partnerships with real estate experts in select countries to present its portfolio. Mr Prasert Taedullayasatit, Chief Executive Officer of Property at Ananda Development PCL, said, "Ananda is leveraging international opportunities to drive revenue and generat

Jaeyong Ahn, CEO of SK bioscience, presents the 'Glocalization' project to secure the global vaccine accessibility, claiming the importance of international cooperation to establish a regional-based vaccine hub at the Regionalized Vaccine Manufacturing Collaborative Side Event. SEONGNAM, South Korea and GENEVA, May 23, 2023 /PRNewswire/ -- SK bioscience, a global innovative vaccine and biotech company committed to promoting human health from prevention to cure, announced that the company

Following his recent retirement, Dr. Anthony Fauci reflected on his government role during the COVID-19 pandemic. When asked about the high per capita COVID-19 death rate in the US, Fauci replied, “Something clearly went wrong. And I don’t know exactly what it was. But the reason we know it went wrong is that we are the richest country in the world, and on a per capita basis we’ve done worse than virtually all other countries. And there’s no reason that a rich country lik

BEIJING, May 11, 2023 /PRNewswire/ -- Six years after China announced the construction of the Xiong'an New Area, the site that "started from scratch" from a blueprint has become a reality, as a high-level modern metropolis has been building up, which is "nothing short of a miracle," Chinese President Xi Jinping said during an inspection to the area on Wednesday, at a time when the "dream city" has just celebrated its sixth anniversary of its establishment. Develop