IS IT IMPORTANT TO YOU that your investments don’t worsen problems of pollution, the mistreatment of workers, and corruption? If so, you are probably aware of two hot topics in finance: Environmental, Social and Governance investing (ESG), and Sustainable Finance. Both initiatives are bringing business opportunities for investment banks and commercial banks to drive profit…
ONE DAY, CONFUCIUS asked four of his students to tell him about the greatest thing they would like to achieve.
“I’d like to help rule a troubled land and bring peace to it,” said one.
“I’d like to govern a poor place and raise it to prosperity,” said another.
The third was a humbler young…
Planners designed ten thousand kilometers of bike track in China, as cycling makes a huge comeback
THE BICYCLES ARE BACK. Cycling, for decades the dominant mode of transport in China, is becoming popular again, and the potential is immense.
Shanghai, 1980s
As recently as the 1990s, China was known as the Kingdom of Bicycles, with roads…
INSTANT SUPER-WEALTH ALL ROUND? An obscure Hong Kong company named AMTD Digital has seen a record-breaking rise. On Tuesday a scramble for its shares, newly listed in New York, saw its value rise to US$300 billion, which is more than Chinese giant corporation Alibaba’s New York valuation.
AMTD Digital has just 50 staff, so shared…
FOR THE FIRST TIME. Chinese enterprises made more money than firms in the US or elsewhere on the planet, it was revealed yesterday. And an obscure Chinese firm you’ve never heard of called State Grid came in well ahead of Apple Inc.
The data is in the 2022 Fortune Global 500 chart, released yesterday.
It…
THE RANGE OF PEOPLE condemning US politician Nancy Pelosi for smashing the long-held agreement that kept people in East Asia safe is eyebrow-raising. The US "speaker of the house" flew to Taiwan on Tuesday, August 2, in violation of pacts that prevent senior US officials from visiting the island. Below, we review a range of…
Western and Chinese medical practitioners are increasingly working together. Today, close to 200 widely used modern medicines have been developed either directly or indirectly from the list of some 7,300 plants recorded in the books of Chinese medicine. It’s an exciting time for the sector, reports Herman Hu.
THE TEAM OF NEARLY 400 doctors and…
China managed to reduce air pollution in seven years by as much as the US did in three decades, says new report.
The forceful implementation of policies to target factories and transportation has accounted for 75% of the reduction of air pollution – not just in China, but globally.
The speed of the reductions in…
SOMETHING HAD TO BE DONE. Large areas of crumbling old buildings in Kowloon needed to be knocked down and replaced, everyone agreed. This was in the late 1980s, and the Hong Kong government, run by the British, said they would inject HK$100 million into a group called the Land Development Corporation. Problem solved?
No, not…
MORE THAN TWO millennia ago, a young man and his sister decided to go a scenic spot called the West Lake for a picnic. But then it began to rain heavily. The pair, along with other sightseers, hurried to find shelter at nearby pavilions.
From there, they found out that they could look out at…
