In China, foreign entities can only establish hospitals through joint ventures under existing policy. The country's commerce ministry announced Sunday that it will curb these rules in certain cities to allow full ownership. 
Health Care

China to allow wholly foreign-owned hospitals to lure investment

Beijing, Shanghai, Nanjing, Hainan among major locations identified for initiative

9 September 2024
Faltering economic activity has prompted global brokerages to scale back their China 2024 growth forecasts to below the official target of around 5%.
Economy

China's consumer prices rise at faster pace in August

Producer price deflation worsens despite government stimulus

9 September 2024
Alibaba's office building in Beijing. The tech giant is joining Hong Kong's Stock Connect system that will let mainland investors trade its shares.
Your Week in Asia

Seoul military AI forum, Alibaba's mainland trading, Semicon India

Your weekly lineup of Asia's biggest business and political events

8 September 2024
U.S. Treasury Secretary Janet Yellen in Beijing during an April trip. She said on Sept. 7 that she plans on meeting her Chinese counterpart again soon.
US-China tensions

U.S. Treasury chief Yellen says she may meet Chinese counterpart

Chinese Vice Premier He Lifeng visit to happen 'one way or another'

8 September 2024
The addition of Alibaba Group Holding in the Hong Kong Stock Connect could draw $12 billion in six months from the mainland, according to one estimate.
Equities

Alibaba's Hong Kong listing upgrade set to spur China money outflows

Stock Connect inclusion could draw billions of dollars into e-commerce group's shares

7 September 2024
Alexander Yuk Ching Ma, 71, reached a plea agreement with prosecutors in May in exchange for pleading guilty to conspiring to gather and deliver to China national defense information.
US-China tensions

Washington's trade rules cited as top worry for U.S. businesses in China

Companies report harsher American regulatory scrutiny, supply chain disruptions

6 September 2024
China on Sept. 3 announced it planned to start an anti-dumping investigation into canola imports from Canada, a week after Ottawa imposed a 100% tariff on Chinese EVs and a 25% tariff on its imported steel and aluminum.
Trade war

China requests consultations with Canada at WTO over tariffs

Canadian duties on EVs, steel, aluminum goods met with Beijing's probe into canola imports

6 September 2024
People in Haiphong secure fishing boats as coastal Vietnamese areas brace for Typhoon Yagi. (Screenshot from Vietnam Television, VTV1)
Natural disasters

Supertyphoon Yagi forces Vietnam airport closures, including Hanoi

Supply chain and UNESCO tourism site hit, while Hong Kong stock market shut

6 September 2024
Hong Kong's skyline, with the International Finance Centre tower at center, developed by Henderson Land Development. (Photo by Ken Kobayashi)
Property

Hong Kong's major property developers suffer from revaluation losses

Reassessments eat into bottom lines as rents drop in weakening economy

5 September 2024
A pedestrian crossing in Hong Kong in June. Japanese business sentiment in the city has been in negative territory for more than two years. (Photo by Ken Kobayashi)
Hong Kong security law

Hong Kong economic, security pressures sour Japanese business sentiment

Survey shows deepening concern over personnel exodus and information restrictions

4 September 2024
A giant screen shows news footage of Chinese President Xi Jinping attending the third plenary session of the 20th Central Committee of the Communist Party of China in Beijing on July 18.
Opinion

Rising dissent in China puts Xi Jinping's vision for 2025 at risk

Economic malaise challenges CCP's social contract with the people

4 September 2024
An apartment complex in Dalian advertises the sale of completed units. (Photo by Kentaro Shiozaki)
Property

China home presales sink to 18-year low amid unfinished properties

Fearing nondelivery, buyers look to completed homes for purchase

4 September 2024
U.S. Vice President Kamala Harris attends a campaign event focused on Asian American, Native Hawaiian and Pacific Islander communities on July 9 in Nevada, one of seven key states that could decide the outcome of November's presidential election.
Asia Insight

Once neglected, Asian Americans now courted in knife-edge election

Tiny margins in battleground states spotlight voters like Wisconsin's Hmong community

3 September 2024
Canola fields surround an oil pump jack before harvesting in rural Alberta, in western Canada, in July 2019.
Trade war

China to start anti-dumping probe into Canada canola imports

Beijing says it will use WTO mechanism following Ottawa's 100% EV tariff

3 September 2024
The city of Xiamen is only several kilometers from Kinmen Island. (Photo by Yu Nakamura)
Taiwan under Lai

China resumes Taiwan pomelo imports, allows tourist travel to Kinmen

Beijing tests Lai government with olive branch to opposition Kuomintang

3 September 2024
A hydrogen filling station in Berlin. The EU will launch its next round of funding for green hydrogen projects this month.
Energy

EU to tighten hydrogen subsidy rules after China concerns

Planned criteria may include requirements for work to be done in Europe

3 September 2024
A worker welds automobile parts at a workshop in Huaibei, Anhui province. Citi analysts say China's economy is in urgent need of policy support.
Economy

China's mixed factory activity indicators call for more policy support

Private PMI recovers while official indicator slips further

2 September 2024
Macao in June: Some mainland Chinese are believed to use casinos in Macao as a way to circumvent strict capital controls by Beijing. (Photo by Ken Kobayashi)
Politics

Macao casinos rake in revenue as authorities target money changers

Unlicensed services for gamblers seen as path to skirt Beijing's capital controls

1 September 2024
China is redirecting excess inventories of products such as steel to exports, driving prices down around the world.
Economy

China's 'deflation exports' expand as cheap goods flood markets

Countries around the world prepare counter measures to protect domestic industries

1 September 2024
The Shenzhen-Zhongshan Link opened in June. (Photo by Shizuka Tanabe)
Economy

With 24 km bridge-tunnel link, Shenzhen tech hub set to sprawl further

Firms eye Zhongshan across river delta as site for future growth

31 August 2024
Employees work on the production line at a factory for Chery's electric vehicles in Wuhu, in China's Anhui province, on July 29.
Economy

China factory activity slows to six-month low in August

Missed PMI forecast could fuel hopes for economic stimulus measures

31 August 2024
These two satellite photos show the North Korean hamlet prior to the flooding on July 18 and after the disaster on Aug. 14.
Natural disasters

North Korea dismantling flooded farm hamlets, photo evidence shows

Kim's comments hint at building more modern community from scratch

31 August 2024
Beijing in 2021 slapped Alibaba with a record 18 billion yuan antitrust fine after a probe found the e-commerce giant had abused its dominant market position.
Companies

Alibaba's 3-year antitrust 'rectification' is over, Beijing says

Regulator vows 'solid protection' for e-commerce giant to enhance competitiveness

30 August 2024
In January to June, China's top insurers expanded their bond portfolios, a safe bet given the murky outlook for economic growth.
Finance

China's top insurers log $169bn bond portfolio boost as PBOC intervenes

Central bank foray into bond trading comes as buyers show hunger despite bubble fears

30 August 2024
Customers look at a model of a Poly housing project in Sanya, Hainan province, in May 2023. The state-backed company is one of several that have seen contracted sales slump.
China debt crunch

China real estate crisis batters state developers seen as better off

Units of 'central companies' hold edge on private peers but log double-digit sales drops

30 August 2024