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BUSINESS

China's move to semiconductor self-sufficiency

Asia focus, Suwatchai Songwanich, Published on 16/09/2019

» An increase in China's domestic production of semiconductors -- a central component of microchips -- will help to reduce the country's dependence on foreign chips, potentially positioning China as the global leader in the sector.

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BUSINESS

Exporting traditional Chinese medicine worldwide

Asia focus, Suwatchai Songwanich, Published on 30/09/2019

» Traditional Chinese medicine (TCM) has become a key multi-billion-dollar export from China with a footprint spanning 183 countries and regions.

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BUSINESS

'Netflix of China' makes its mark

Asia focus, Suwatchai Songwanich, Published on 23/09/2019

» Entertainment is big business in China. iQiyi, China's largest video streaming service, is breaking new ground in this area. The company has been dubbed "the Netflix of China" for adapting the model of the popular US-based streaming service to suit the Chinese market.

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BUSINESS

China opens door to more foreign investors

Asia focus, Suwatchai Songwanich, Published on 19/08/2019

» China has significantly loosened its restrictions on foreign investment across a range of business sectors, including oil and gas exploration, agriculture, and mining and manufacturing, by reducing the number of business activities that foreign businesses are barred from on its "negative list". The list has been on a downward trend for the past few years, falling from 180 activities in 2011 to 40 this year.

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BUSINESS

Offline experience still king for retail

Asia focus, Suwatchai Songwanich, Published on 09/09/2019

» Offline retail is making a comeback in China with the rise of brand concept stores. Reimagining bricks and mortar, every part of a concept store tells a story or creates an experience. While e-commerce continues to grow, the store experience is becoming more important than ever as a way to build an emotional connection with consumers.

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BUSINESS

Will AI be guided by Western or Asian values?

Asia focus, Suwatchai Songwanich, Published on 26/08/2019

» As China and the United States race to become the preeminent artificial intelligence (AI) superpower, an interesting question arises: Will the AI of the future be dominated by Western or Asian values?

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WORLD

War on waste heats up in China

Asia focus, Suwatchai Songwanich, Published on 02/09/2019

» China, the world's largest producer of waste, is developing carrot-and-stick policies supported by technological innovations to address the environmental and human costs of its trash. This is no mean feat considering its volume of municipal solid waste is expected to be twice that of the United States by 2030.

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BUSINESS

China's STAR Market rollercoaster

Asia focus, Suwatchai Songwanich, Published on 29/07/2019

» Trading on China's third attempt at launching a Nasdaq-type stock exchange experienced a spectacular start last Monday, with share prices soaring by up to 520%, creating three new billionaires at the same time.

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BUSINESS

Droughts in monsoon season a wake-up call

Asia focus, Suwatchai Songwanich, Published on 05/08/2019

» The serious drought hitting Thai farmers this monsoon season demonstrates more than ever the need for regional cooperation in water management. Given the considerable stress and economic hardship being caused by unseasonably dry conditions, people are looking for someone to blame and fingers are being pointed at the dams of our upstream neighbours along the Mekong River, China and Laos.

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BUSINESS

The world of Healthcare 4.0

Asia focus, Suwatchai Songwanich, Published on 12/08/2019

» Renji Hospital in Shanghai pioneered new ground last month when it successfully aired China's first 5G live broadcast of surgery using an advanced robotics system on an intestinal cancer patient. This marked a significant step forward in developing integrated medical services across the Yangtze River Delta area.