According to official figures released on Tuesday, China’s population fell in 2022 for the first time in nearly 60 years. The 1.4 billion-person nation also saw birth rates fall to all-time lows due to the aging of its labor force, a precipitous decline that analysts fear. It might stifle economic expansion and put additional strain […] Read more
Ireland’s foreign investment rules are being updated as Dublin seeks to protect the country’s prized assets and align itself with regulations from Brussels. Ireland’s industrial policy relies heavily on outside investment with several tech and pharmaceutical giants having headquarters in the country, attracted by the country’s 12.5% corporate tax rate and other factors. In September, […] Read more
The Chinese yuan is set to see a sizable appreciation against the greenback in the next 12 months, according to Zach Pandl, co-head of global foreign exchange, rates and emerging market strategy at Goldman Sachs. Pandl forecasts the Chinese currency could hit 6.70 per dollar in the next 12 months, “primarily through the health of the Chinese […] Read more
Alibaba is planning a secondary listing in Hong Kong which is likely to take place in the last week of November and raise approximately $13 billion, a source with direct knowledge of the matter told China Daily Network. The Chinese e-commerce giant will issue 500 million new ordinary shares plus 75 million “greenshoe” options, the […] Read more
