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India takes aim at popular Chinese social media apps

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04-Feb-19 Chinese social media apps have become hugely popular in India, with five out of the top 10 apps being Chinese-owned in 2018. The Indian government is drafting regulations to moderate content, in an effort to help Indian start-ups. [image: Financial Times]

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India’s Adani Group partners with BASF in petrochems foray

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18-Jan-19 Indian infrastructure conglomerate Adani Group has signed a joint venture with German giant BASF for setting up acrylics manufacturing units costing USD2.25 bn, in its first foray into petrochemicals, and BASF’s largest investment in India to date. [image: AFP]

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Made in China moves to Indonesia

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16-Jan-19 As wages in China have risen, many Hong Kong enterprises with manufacturing there have tried to cut costs and navigate the Sino-US trade dispute by taking production offshore to emerging economies such as Indonesia, India and Vietnam. [image: HKTDC]

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Alipay now has over 1 billion users worldwide

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10-Jan-19 Worldwide users of Alipay, China’s leading online payment platform, have exceeded one billion. Alipay’s Ant Financial Services Group said it had cooperated with nearly ten major overseas smart payment companies, which contributed to its growth in user numbers. [image: Alipay]

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