China’s factories start reopening as new cases of Coronavirus slow to a crawl. For the recent months, people have been prohibited from working. Most employees were sent home. As many as 300 million workers were not able to work. Big businesses and factories had to close down for almost three weeks. These were done in order to prevent further spreading … Read More
Tokyo Olympics Possibly Postponed Due to Coronavirus
The International Olympic Committee is looking to postpone or outright cancel the upcoming Olympics. This could be the case if the fast spreading Coronavirus is not handled. As of now, the 2020 Tokyo Olympics is still slated to take place. A tradition such as the Olympics is a big event that means a lot to many countries. However, if the … Read More
HK Gov’t to Provide More than $1000 to Adults
In the midst of economic and social woes, Hong Kong’s government is planning on passing out more than $1,000 to adults. The news was recently shared by Hong Kong’s financial secretary. Paul Chan stated that the government will be offering this to permanent residents over 18 years of age in Hong Kong. The cash handout is valued at HK$10,000 or … Read More
Gold Mine Found in India 5 Times Larger than Gov’t Reserves
A massive gold mine was just discovered in India. The contents in the mine were found to be five times larger than the gold reserves that the government has. India has literally just hit gold. Thanks to geologists, massive gold deposits have been found in the eastern district of Uttar Pradesh. This jackpot of a discovery was the result of … Read More
HKTDC Trade Shows and Events Postponed
The Hong Kong Trade Development Council (HKTDC) has just postponed several trade shows and events due to COVID-19. The HKTDC is a group established in the mid 60’s. Their main mission is to promote and develop the trades of Hong Kong. They do this by having exhibitions, conferences, and more. They currently have 50 offices all around the world. However, … Read More
India Jumps to 5th Largest Economy
The International Monetary Fund (IMF) has just reported that India has jumped to the 5th largest economy in the world. The IMF measured India’s nominal Gross Domestic Product (GDP) last year. From this data, they saw that India has jumped over several powerhouse countries. These include the likes of the United Kingdom (UK) and France. In 2019, the United States … Read More
Selling from Suitcases: Facing the Close of Electronics Haven Huaqiangbei
People have started selling electronics from bags and suitcases despite Huaqiangbei being closed. With the Coronavirus running rampant in China, many if not all shops have closed. The Chinese government is trying to contain the virus and stop its spread. One shopping district that has been affected is the Huaqiangbei. Despite that, it has not deterred the businessmen who work … Read More
It is About The People, Not The Politics (Great Quote + Interview)
Dear Readers, What an intense 2020 for sure. My wife and I were on BBC live radio last week (here’s the quick 3 min clip if you’re curious) talking about living apart during the Coronavirus saga. Trying to think of other topics to discuss, as it is consuming my mind space as well as everyone in the industry (have talked … Read More
Japan to Continue Prep for President Jinping’s Visit
Japan and China have recently confirmed that they will continue their preparations for President Xi Jinping’s visit. China has been afflicted with the Coronavirus since late December. This has affected the country’s economy and social life. People have been asked to stay in their houses and transportation has been stunted. The Coronavirus’ infectious rate has sparked speculations that President Jinping … Read More
China to Destroy Money for Coronavirus Safety
China will be destroying money as a precaution for the Coronavirus. China’s central bank plans on collecting banknotes from around the country. Specifically, they are targeting money that has been near areas where the Coronavirus was. These include hospitals, markets, and public transportation. They will be taking all the money and destroying. The central bank located in Guangzhou says that … Read More