by Teuvo Tuomi | Apr 7, 2023 | Asia, China, Japan, Technology
Japanese government measures to prevent the outflow of manufacturing technology related to high-performance, rare-earth magnets appear to have failed. China, whose firms developed technology and equipment acquired from Japan, now dominates the market for advanced...
by Teuvo Tuomi | Apr 4, 2023 | Asia, Business, Economy, News
According to Asian Development Bank (ADB), growth in developing Asia will be 4.8% this year and the next. This is up from 4.2% in 2022. The People’s Republic of China’s (PRC) recovery and healthy domestic demand in India will be the region’s main growth...
by Teuvo Tuomi | Mar 28, 2023 | China, Asia, Lifestyle, Technology
Chinese people are increasingly using TikTok’s sister app Douyin as a way to complain about products. Douyin, which is produced by TikTok’s owner ByteDance, has become influential in offering Chinese people a way of putting consumer pressure on companies....
by Teuvo Tuomi | Mar 19, 2023 | China, Asia, News, Travel
China will once again start issuing a range of visas to foreigners as of Wednesday, the country’s Foreign Ministry says. The move is the latest step towards reopening China to the outside world, as Beijing gradually breaks with the strict zero-Covid strategy that...
by Teuvo Tuomi | Mar 15, 2023 | Economy, Asia, Business, Indonesia, News
Indonesian Trade Minister Zulkifli Hasan would like Indonesia and India immediately start negotiating the bilateral Preferential Trade Agreement (PTA), which has been under consideration since 2020. “The PTA can optimize the economic potentials of the two...
