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Lending platforms known as peer-to-peer lending, or P2P, in China have attracted much investment as well as controversy. Have basic risk control standards finally been put in place for this nascent industry?
China’s consumers are evidently developing more quickly than companies there can shift to fulfill their new needs. Portfolio Manager Andrew Mattock, CFA, examines this trend.
Electric vehicle (EV) sales in China quadrupled last year, eclipsing that of the U.S., and government officials hope its EV sales will reach 3 million a year by 2025. Since vehicle emissions are already the single-largest contributor to poor air quality in China’s major cities, can this push clear the skies for urban China?
Singapore has an impressive integrated waste management system, and developing economies in the region should take a page from their approach, which can offer big savings for space-constrained areas. The island city-state recycles 60% of municipal solid waste and burns 38% in its four waste-to-energy plants to supply 3% of Singapore’s power. Only 2% of its waste goes directly to landfill.
Indonesia’s pursuit of increased taxes to fund its deficit, which is constitutionally capped at 3% of GDP, has caused disruptions in consumer and business activity. What else could be impacted as a result?
significant number of American workers have lost their jobs as a result of
imports from other countries, including China. But building a tariff wall to
block Chinese imports would not revitalize American manufacturing.
Nearly all job postings from Chinese financial institutions require applicants to be men under age 35—allowing discriminatory hiring practices that are illegal in most modern Western countries. How long can China afford to continue with such unfair hiring? Asia Weekly explores.
In Bangkok, you can now lock and unlock your hotel room with a mobile app. Matthews Asia’s Director of Technology shares his observations on what’s new about mobile media usage in Asia.
Just a few decades ago, a challenge to becoming a fashion designer in China was that most people equated that to being a seamstress. But in China’s burgeoning world of fashion, local designers now seek to replace the mantra of “Made in China” with “Designed in China.”
China’s plan to overhaul its
power system is a comforting reminder that even in a slowing economy, it still seeks
opportunities to make long-term reforms.