The kidnapping of Chinese actor Wang Xing in Thailand has led to a wave of trip cancellations among Chinese tourists planning to visit the country during the Chinese New Year. Chinese tourists are cancelling trips to Thailand en masse amidst growing safety concerns following the kidnapping of well-known actor Wang Xing.
As tariffs and geopolitical tensions transform the $700 billion US-China trade corridor, companies are creating sophisticated new supply chains, with banks rapidly evolving to serve emerging trade patterns.
The kidnapping of Chinese actor Wang Xing in Thailand has triggered a wave of trip cancellations among Chinese tourists planning to visit the country during the Chinese New Year. Chinese tourists are massively canceling trips to Thailand amid growing safety concerns following the kidnapping of well-known actor Wang Xing.
But all is not well between China and Cambodia these days. China made no new loans to Cambodia last year. It has been especially reluctant to invest in the government’s flagship project, a canal which would connect the Mekong river to the sea.
The fate of actor Wang Xing prompted outrage in China after he disappeared and had to be saved from a Myanmar scam center. But Beijing may have ulterior motives for its anti-scamming crackdown.
Skittish Chinese consumers at home or abroad dragged down the Swatch Group: The Swiss company’s 2024 net income dropped 75 percent to 219 million Swiss francs, or $242 million at current exchange rates.
Beneath the fertile farmlands of Victoria in southeast Australia lie deposits of mineral sands that miners and politicians are keen to tap for rare-earth elements, ingredients in everything from EV batteries to wind turbines to advanced weapons.
In total, 205 rail construction projects broke ground in 2024, with a combined capital investment of almost $390bn
The US-Asean Business Council says US companies are still eager to explore opportunities in Southeast Asia as they recognise the region’s immense growth potential.
Bangkok Bank (BBL) is focusing on four high-growth economies in Southeast Asia to drive its international banking business this year.
HANOI -- Panasonic Holdings will strengthen its wiring device business in Southeast Asia by boosting production at its main factory in Vietnam and starting sales in Cambodia, as the Japanese electronics company looks to fend off Chinese rivals and maintain its top share in Asia.
Beijing has reinforced its position as the dominant economic player in the region, which sits on China’s western border, recording an almost 5 percent growth in trade turnover in 2024, according the data published by the country’s General Administration of Customs. China has muscled Russia aside as the region’s top trade partner.