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Coronavirus cuts a swathe through Asia’s garment industry, leaving thousands out of work
Zar Chi Lwin pawned her only two gold bangles for US$140 when the owner of the factory in Myanmar where she stitched winter coats for...
Reuters
May 19, 20201 min read


Covid-19 is a Chance to Rethink Venice
The Grand Canal in Venice — normally heaving with water-buses, service boats, gondolas, and water taxis — is calm. In a few areas of the...
Rebecca Ann Hughes
May 16, 20201 min read


The pandemic increases the challenges facing business schools
Lockdown has delivered a nasty shock to academia, with universities around the world closing for the summer term, disrupting the plans of...
Bartleby, The Economist
May 15, 20201 min read


Coronavirus will reverse globalization and create regional supply chains, economists predict
The coronavirus crisis will fundamentally reshape global trade as companies look to reduce their dependence on Chinese manufacturing,...
Chloe Taylor
May 13, 20201 min read


Luxury Industry Not Expected to Recover From Coronavirus Until 2022
As CNBC points out, Bain & Company has issued its latest luxury report, dubbed “Bain & Company Luxury Study 2020 Spring Update.”...
MAP Asia Pacific Ltd
May 11, 20201 min read


COVID-19 pandemic may be good news for India’s economy or may be bad for China
Due to the adoption of free-market principles in China, it has become emerging market economy and one of the world’s most hyped...
Sandeep Wasnik
May 10, 20201 min read


India looks to lure more than 1,000 American companies out of China
India is seeking to lure U.S. businesses, including medical devices giant Abbott Laboratories, to relocate from China as President Donald...
Archana Chaudhary
May 8, 20201 min read


US companies eliminated a record 20.2 million jobs in April, ADP report says
US private payrolls sank by a record 20.2 million in April as coronavirus layoffs persisted, according to a Wednesday report by ADP. The...
Carmen Reinicke
May 7, 20201 min read


China now the second-largest wealth market with 2.3M HNWIs
China has overtaken Japan to emerge as the second-largest wealth market, with an estimated 2.3 million high net worth individuals (HNWI)...
CIW Team
May 5, 20201 min read


These charts show how COVID-19 has changed consumer spending around the world
Consumer spending is one of the most important driving forces for global economic growth. Beyond impacting some of the factors that...
Katie Jones
May 2, 20201 min read
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