4 December 2017

  |  CBI China


CBI China Weekly Update

A weekly roundup of news from the CBI's China Office.

CBI China Weekly Update

Last week in China:

Tencent’s market share becomes the 5th most valuable worldwide – Tencent has surpassed Facebook as the 5th most valuable company worldwide. This comes on the heels of strong earnings due to the popularity of smartphone games and the company’s social media application WeChat, which has over 980 million active users.

  1. Tencent's stellar share rally sees it surpass Facebook in market value – Reuters
  2. Hong Kong stocks hit highest level in a decade – Financial Times
  3. BATs vs. FANGs: Why China’s Tech Has Extra Risk – WSJ

ASEAN Update

Asia House hosted its signature conference in Hong Kong: Asia Trade in the New Global Order this past Monday. This Asia House conference examined the path to the new global trade order and the shape it will ultimately take. It explored the outlook for multilateral trading agreements in view of recent changes, the opportunities and obstacles in regional integration in Southeast Asia, and the role of connectivity as a driver of growth in Asia. Political and business leaders from Hong Kong, ASEAN member states and the UK, were assembled to share insights on the transition to the new trading architecture and the opportunities it will provide. Fine more information.

Sector specific articles:

China Calendar Fourth Quarter 2017

  • November 29th – CBI China Member Breakfast with David Kelly
  • December 1st – British Christmas Party Beijing
  • December– UK-China People to People Dialogue
  • December– UK-China Economic and Financial Dialogue
  • Mid-February 2018 -- CBI Annual Chinese New Year Dinner