
US firms continued to amass cash in Q2 despite strong numbers
…trade war with China, escalating immigration issues at the US border and a looming Brexit are contributing to the

…trade war with China, escalating immigration issues at the US border and a looming Brexit are contributing to the

…Russian Federation, and Turkey also feature in the top 100 list. The top five clusters: Tokyo-Yokohama (Japan); Shenzhen-Hong Kong(China);

Joe Ngai, managing partner of the McKinsey Greater China office, discusses how automation will change the face of the

…the region though I worked with people from there before. China is also where I want to work because

…deemed less complex than the Philippines (20th), China (9th), and Indonesia (2nd), the company pointed out. There have been

…US-China trade war. A sharp slowdown in China and a no deal Brexit are additional downside risks.” Though the

China’s Q2 GDP expanded 6.2% year-on-year, slower than Q1’s 6.4% and is the weakest since 1992. For the first

China’s foreign exchange reserves increased more than expected in June, according to data from the People’s Bank of China

…dollar is also a major factor influencing the high costs in Hong Kong,” he said. China’s yuan lost more

…considering moving sourcing away from China. A total of 11% respondents are considering exiting China altogether The majority of

Confidence among Asian companies in the June quarter fell to its lowest since the 2008-09 financial crisis, as the

…a trading halt. The China-headquartered firm is a down clothing maker with more than 7,500 retail outlets selling its