Two years ago, Chinese President Xi Jinping declared that by the time the People’s Republic celebrates its centenary in 2049, it should be a “great modern socialist country” with an advanced economy. To achieve this ambitious goal, China will need to secure another three decades of strong economic performance and inclusive development. The question is how?The first step toward answering this question is to understand what has driven China’s past successes.

Singapore eased monetary policy for the first time in over three years Monday as the US-China trade war bites, while the export-reliant economy narrowly avoided recession in the third quarter.The financial hub's central bank joins others around the world, from Europe to the US, in loosening policy as fears mount of a global economic slowdown.The city-state has traditionally been the first among Asia's export-driven economies to be affected during a downturn, making it a closely watc

As they prepared to return to the negotiating table on Thursday, top Chinese trade officials faced a blitz of aggressive US manoeuvres, with expectations for a grand bargain between both sides approaching zero.President Donald Trump – who has taken the global economy on a white-knuckle ride since launching multi-pronged trade offensives with China and Europe last year – said Wednesday the outcome was down to him."They want to make a deal," he said at the White House.

Emphasising peaceful development, Chinese President Xi Jinping used his speech at today’s 70th National Day military parade in Beijing to remind the world of its rise as a global superpower.“There is no force that can shake the foundation of this great nation,” Xi said.“No force can stop the Chinese people and the Chinese nation forging ahead.”For the past 70 years, this has largely been true – and ASEAN has learnt to live with that.The People’s Republic of China was created on 1 October, 194

Card games and karaoke help migrant workers pass the time on the cramped houseboats of Hanoi’s Red River, swapping their privacy to eke out a living selling fruit for a few dollars a day. Temporary residents of these open-air boats have left the countryside in search of higher wages in the city.Life on a floating guesthouse can be tough.

As Malaysia celebrates its 62nd Independence Day today, the country can reflect upon six decades of peace and progress since the country’s first Prime Minister, Abdul Rahman Putra Al Haj, declared Malaya’s independence from the British in 1957.Its rich resources paved the way for a thriving trade in agriculture and commodities, and diversification efforts have since created healthy manufacturing and services sectors - with the country’s open economy making it one of the world’s leading export

China's economy grew at its slowest rate in nearly three decades in the second quarter, according to a survey of analysts, hit by the United States (US)-China trade war and weakening global demand.The world's second largest economy expanded 6.2 percent in April-June, the poll of 10 economists predicted ahead of the official release of gross domestic product (GDP) figures Monday.The reading would mark the worst quarterly growth in almost three decades but stays within the government&

Thailand’s economy may be in for far more turbulence than anticipated after the March elections. Social unrest has risen and consumer confidence has sagged since the poll, which this month saw parliament return junta leader General Prayut Chan-o-cha to power. Critics have denounced the election as rigged in favour of the pro-military camp, and foreign investors are holding back.

Hanoi has vowed to crack down on manufacturers illegally using "Made in Vietnam" labels on items destined for America to dodge punishing tariffs as the US-China trade spat drags on.Exporters have started shifting production from China to Vietnam to avoid 25 percent levies imposed by US President Donald Trump on $200 billion worth of Chinese goods. But Hanoi said some manufacturers are illegally claiming their goods - including textiles, seafood and agricultural products - a

Almost 200 million Indonesian voters head to the polls on Wednesday after a long presidential election campaign dominated by economic policy issues.The eventual winner – the incumbent President Joko Widodo or former general Prabowo Subianto – will face significant challenges in steering Southeast Asia’s biggest economy.