Fiscal surplus to offset impact of slower revenue growth
Poor sentiment and falling pay compound VAT hike impact
China’s move towards becoming a cleaner and higher value economy will see increased demand for sustainable financial products. According to speakers in Hong Kong at the HSBC forum, Sustainable financing and China’s next phase of growth, which was held on the 26 March 2015, government and private sector institutions must closely collaborate to ensure regulatory integrity, widespread market participation and attractive returns for investors.
Based in northern Ethiopia, Kebire Enteprises is a rapidly growing conglomerate, with activities spanning across textiles, shoe making, leather tanning, cotton production and even tourism. The company’s ambition is to become Africa’s leading textile manufacturer by 2017, reaching US$20m in exports, up from US$6m in 2013. The Economist Intelligence Unit spoke to Kebire’s chief executive officer, Fassil Tadesse, to find out how the textile industry in Ethiopia has developed and what its future holds.
New global report shows the vital importance of Medium-Size Companies to developed and emerging economies
China’s integration into the global markets will soon happen. According to speakers at the HSBC Forum, RMB, Reform and China’s Global Future, this will be driven by financial reforms, greater usage of the RMB abroad, and increased interconnectivity through the Internet and high-demand, high-value industries.
Strategies for entering a new market
How do you plot a smooth course to expand in emerging markets when you are dependent on a myriad of factors – from international business regimes to multiple small suppliers? Yacht producer Sunseeker reveals how it takes the right track for steady growth
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