China

Biolidics will be LC-Bio's exclusive partner in China for five years.

Sales from Nanjing accounted for 26.6% of the group’s total.

It will continue to own 75% stake in AustAsia.

These orders include two LNG-tank carriers and two 56,000DWT bulk carriers.

Proceeds will be used to replenish working capital of the company and its subsidiaries.

This is due to the uptick of investment activity in real estate and infrastructure.

The property sector is starting to show more activity as sales recover.

The increase in exports is led by Japan, Australia, and Taiwan.

Ding will oversee the growth of the firm’s business in China.

The garment sector faces a weak outlook due to factory closures. Myanmar's 2020 GDP growth forecast is 3.6% or 2.7 percentage points (ppt) lower than the previous estimate of 6.3%, as the impact caused by the spread of COVID-19 resulted in concurrent global supply and demand shock, according to Fitch Solutions report.

Inflation and policy rate falls as unemployment rate increases in the region.

Government subsidies of $280 to $420 provide limited support to the industry.

Report outlines three downside risk scenarios for China’s GDP.

Production suspension in China affects supply chain in the whole region.

Its China malls were temporarily shuttered seven weeks ago due to the outbreak.

The site is expected to yield more than 1,000 residential units.