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Alibaba invests USD100m in Russian e-commerce

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 Insights

09-Jun-19 China’s e-commerce giant Alibaba and Russia’s RDIF sovereign wealth fund will each invest USD100 million in a Russian joint venture, and Alibaba will contribute AliExpress Russia into the joint venture. This consists of Alibaba's Russia-based domestic and cross-border operations. [image: Retail News Asia]

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Korea's Hyundai Capital moves in synch with lease trend

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05-Jun-19 With the auto sector pivoting from a buy to a lease model, Hyundai Capital is keeping a close eye on the United States, but also seeing significant upside in China, while examining new sales and distribution channels in other countries. [image: Andrew Salmon / Asia Times]

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The growing demand for healthcare in China

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03-Jun-19 The 'older' Asian countries (eg. Japan) spend 7-10% of GDP on healthcare. Given its older population, China’s expenditure will need to increase to those levels, suggesting that healthcare spending would grow at 9.3% to reach USD1.7 tn by 2028. [image: Global Demographics]

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