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As we note in our recently released Regional Economic Outlook, the Asia-Pacific region remains the main engine of the global economy, and near-term prospects have improved since our report of October 2017. But there are many risks on the horizon, including a tightening of global financial conditions, a shift toward protectionist policies, and an increase in geopolitical tensions. In addition, over the longer run, Asian economies will face major challenges from population aging and slowing productivity growth, as well as the rise of the digital economy, which could yield huge benefits but also bring major disruptions.

As snow swept Northwest China and temperatures in many provinces and regions plummeted over the past two days, a typhoon hit the southeastern portion of the country on Tuesday and brought torrential rain to the area.

As the Chinese market integrates into the world, foreign investors are increasing their allocations for Chinese assets, and ESG－environmental protection, social responsibility and corporate governance－assessments will become important.

As the founder of Lifan, one of China's largest car and motorcycle makers, his success story started soon after China embarked on reform and opening up in 1978.

As the outbreak waned, Hong Kong has started to cautiously and gradually relax social distancing measures. Starting Friday, more entertainment venues will reopen, including bars, karaoke lounges and amusement parks, and restrictions over restaurants will also be eased.