Quay cranes standing at the Tanjung Pelepas Port (PTP) in southern Malaysia’s Johor state, near Singapore, on April 11, 2002. Photo: Reuters

Asian businesses turn their growth focus towards the region as US-China trade war upends global trade links, supply chains

  • More than half of Asian business leaders surveyed said they plan to expand in Asia-Pacific in the next five years, according to HSBC report
  • 79 per cent of Chinese businesses believe governments are trying to protect domestic companies, HSBC says
Topic |   US-China trade war

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Quay cranes standing at the Tanjung Pelepas Port (PTP) in southern Malaysia’s Johor state, near Singapore, on April 11, 2002. Photo: Reuters
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The increase in debt levels comes after a campaign by Chinese authorities in recent years to reduce corporate borrowing levels. Photo: Xinhua

China eases on the gas pedal to cut debt as the level of corporate borrowings dropped in 2018

  • ‘Modest erosion’ in debt-to-earnings levels in 2018 expected to continue this year, S&P says
  • Mining, retail among sectors that have seen the most deterioration, the rating agency says
Topic |   China economy

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The increase in debt levels comes after a campaign by Chinese authorities in recent years to reduce corporate borrowing levels. Photo: Xinhua
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