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East Asia
China further widens market access with new negative lists, industry catalogue
China’s National Development and Reform Commission (NDRC) and Ministry of Commerce (MOFCOM) on June 30 released revised negative lists for foreign investment market access and a revised catalogue of industries that encourage foreign investment, introducing greater opening-up measures. The two lists aimed at pilot free trade zones (FTZ) and the…
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East Asia
China-EU investment pact likely in 2020
The negotiations on a China-EU bilateral investment treaty (BIT) are moving forward and the two sides have made positive headway in the text and an associated list, according to Chinese officials. Analysts said there is a high possibility that the high-level agreement will be signed next year as scheduled amid…
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East Asia
E-commerce signals new future for ties between China, Africa
African companies are exploring new trade models with China based on e-commerce at the first China-Africa Economic and Trade Expo (CAETE), which opened on June 25 in Changsha, capital of Central China’s Hunan Province. Trade between China and African countries has been rising since 2008, and by 2018, China had…
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East Asia
China’s industrial profits return to black despite trade war
China’s economy is stabilizing with latest statistics pointing toward a mild rebound in May, as domestic companies strive to shake off the negative impact of the China-US trade war through internal improvements and flexible business strategies. According to data released by the National Bureau of Statistics (NBS) on June…
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East Asia
China, US need to press ahead with sincerity, action
The outcomes of the meeting between Chinese President Xi Jinping and his US counterpart, Donald Trump, on the sidelines of the G20 Osaka summit on June 29 have sent a positive signal to the two countries and the world. At their gathering, the two leaders agreed to restart economic and…
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Politics
Japan, Singapore and South Korea lead world’s passport power
Japan, Singapore and South Korea have confirmed Asia’s leadership in the world’s passport power, topping the latest list compiled by the Swiss consulting company Henley & Partners. According to the Henley Passport Index at the beginning of the third quarter of 2019, Japan and Singapore held the top spot as…
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East Asia
S. Korea warns of ‘corresponding measures’ against Japan’s export curbs
South Korea’s finance minister warned Thursday of “corresponding measures” against Japan’s move restricting key supplies for the nation’s semiconductor and display industries, in a major escalation of a long-simmering row over compensation for wartime forced labor. The diplomatic conflict between South Korea and Japan, which have close economic ties despite…
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East Asia
The root of the MagazineN is Asia Journalist Association (AJA)
Monthly MagazineN marks the sixth anniversary in July number. Members of AJA(Asia Journalist Association) contribute articles to MagazineN. The motto of the magazine is ‘Inspiring Asia, Empowering People, Leading Change’. The first number was published in July 2013 and the 69 number was published including the special number and two…
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East Asia
S. Korea calls Japan’s export restrictions economic retaliation
South Korea’s finance minister on Thursday pressed Japan to withdraw its export restrictions, denouncing them as an economic retaliation. Hong Nam-ki, the minister of economy and finance, said South Korea will decide when to file a complaint with the World Trade Organization over Japan’s decision as soon as an internal…
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East Asia
FM says ‘complete denuclearization’ remains S. Korea’s goal
South Korea’s goal in the North Korean nuclear issue is none other than complete denuclearization, Foreign Minister Kang Kyung-wha said Wednesday, amid speculation that the United States may settle for a nuclear freeze. Talk of a nuclear freeze rose significantly after a New York Times report that U.S. officials may…
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