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March 23, 2017

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China
Downton Abbey boosts UK tea in China
A growing taste for meat, dairy, beer and "afternoon tea" products among Chinese consumers contributed to a 51 percent increase in British food and drink exports to China in 2016, making it the United Kingdom's fastest growing market.
 
Duterte moves in on death penalty bill
Philippine President Rodrigo Duterte's campaign to bring back the death penalty for drug-related crimes has cleared a major hurdle, with supporters backing it in congress but critics denouncing the planned killings as "inhumane".
 
Telecom reformer rides sharing economy model
In a quiet street in western Beijing stands a building, not new, not tall, not clad in fancy glass common to modern high-rise office towers. In fact, the building is so ordinary looking that you would barely notice it when passing by.
 
Lawyers suing Beijing officials for air pollution
Lawyer Cheng Hai has a list of compensation demands from Beijing authorities over the city's smog: 65 yuan (US$9) for having to buy face masks, 100 yuan (US$15) for seeing a doctor for a sore throat and 9,999 yuan (US$1,500) for emotional distress.
 
China's outbound mergers and acquisitions are likely to decline slightly this year, due to the changing global environment, experts said.
 
China does not intend to introduce a "flood irrigation" type of strong stimulus plan and should avoid new excessive capacities and redundant construction projects, said a senior official of the country's top economic planner.
 
Coal's decline looking like trend
The decline of China's coal usage may have become a long-term trend, according to experts, after official data on Tuesday showed that coal burning in 2016 dropped for the third consecutive year.
 
China's labor minister says Beijing will cut another 500,000 jobs this year from steel, coal and other heavy industries to reduce excess production capacity that's flooding markets and depressing global prices.
 
Chinese factory activity expanded in February, data showed Wednesday, the latest sign of stability in the world's number two economy.
 
ADB package set to boost green growth
The Asian Development Bank signed its first onshore local currency complementary loan syndication agreement worth $100 million on Tuesday to support Dynagreen Environmental Protection Group Co Ltd ...
 
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