1. China's Exports to ASEAN Surpass US and EU
China's exports to the Association of Southeast Asian Nations (ASEAN) have reached $600 billion annually, outpacing its exports to the US and EU. The trade growth is attributed to the Regional Comprehensive Economic Partnership (RCEP), which includes Australia and New Zealand. This highlights ASEAN's dependence on China and the challenges Western allies face in countering China's influence.
2. Ch...

Café de Coral's revenue grew by 11.8% YoY to HK$7,509 mn in FY2022, with revenue from Hong Kong and mainland China operations growing YoY by 12.0% and 11.0%. The Company's gross margin grew by 1.7 ppts YoY to 7.3% in FY2022. The Company raised new strategic three-year goals, including: i) improving profit margins from low single digits to high single digits within the next three financial years thr...