Qatar`s sovereign wealth funds is seeking a license under China's Qualified Foreign Institutional Investor (QFII) programme to invest $5 billion in the country. The amount is far above the current cap of $1 billion.
Over the past five years, Bangkok has welcomed 1.25 million square meters of new retail space, an increase of nearly 25 per cent, bringing the Thai capital much closer towards its goal of being a shoppers’ paradise.
The dispute over the South China Sea is no longer limited to regional claimants and could threaten the stability of the entire Southeast Asia region, if diplomatic efforts between China, the Philippines and the US fail.
China’s currency, the yuan, is becoming increasingly popular among Gulf countries in trade transactions because of China’s growing economic influence and uncertainties surrounding other major currencies.