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China will not change determination to deepen relations with Russia - Xi

October 27, 2017

BEIJING - Russia is China's comprehensive strategic partner of coordination, and whatever volatile changes may take place in the international arena, China will not change its determination to deepen relations with Russia, Chinese President Xi Jinping said Thursday. China’s State newsagency, Xinhua, reported that Xi made the remarks during a phone conversation with Russian President Vladimir Putin.

Watch and Clock market divided on outlook for 2018

October 25, 2017

HONG KONG – Exhibitors and buyers at the HKTDC Hong Kong Watch & Clock Fair, the largest event of its kind in the world are divided when it comes to the level of sales anticipated over the next 12 months, with exhibitors showing significantly higher optimism than their counterparts on the buying side.

Greater unity was on show when it came to evaluating product trends, with the majority of buyers and exhibitors agreeing that smart watches will remain the most popular items well into 2018.

Xi promises further reform, opening China wider to the world

October 25, 2017

BEIJING - Xi Jinping, General Secretary of the Communist Party of China (CPC) Central Committee, has promised further reform and opening-up at a media conference here today. "We will review our experience and build on the good momentum to continue modernisng China's system and capacity for governance, and make determined efforts to comprehensively deepen reform and open China still wider to the world," the State newsagency, Xinhua, quoted Xi as saying.

Post-poll, Abe Government to continue monetary expansion, lift GST

October 24, 2017

TOKYO – In a Client Note reviewing the outcome of the Japanese Lower House election, global asset manager Natixis describes Japan’s strong economic growth and record high geopolitical risk in the Korean peninsula as important tailwinds leading the Abe Government to victory. Swing votes distributed to a wide range of oppositions also turning into the ruling LDP’s advantage.

CPC Congress establishes historical position of Xi’s thought on Socialism with Chinese Characteristics

October 24, 2017

BEIJING - The 19th National Congress of the Communist Party of China (CPC) establishes the historical position of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, according to a resolution approved by the Congress today. "This Thought must be adhered to and steadily developed on a long-term basis," the resolution said, according to a report by the State newsagency, Xinhua.

China’s Q3 GDP robust, but medium-term deceleration unavoidable: Natixis

October 20, 2017

HONG KONG - While the good performance of the first two quarters in 2017 (growth of 6.9%) should carry further to Q3 given strong fiscal and monetary tailwinds, there have already been some signs of deceleration IN China’s economy, especially for exports, investment and the slowdown in real estate prices, says global asset manager Natixis in a research report.