After a decade of planning, market consultation and piecemeal execution, the China Securities Regulatory Commission (CSRC) has finally made it compulsory for all securities and futures brokerages and fund companies to perform a suitability assessment on investors starting July 1. The rules place the burden of assessing investor competence on the financial institutions.
Read MoreChinese millennials are a huge and growing market. Currently, around half of all Chinese tourists who travel the world each year are millennials. In the coming years, however, the number of Chinese millennial tourists is expected to surge
Read MoreInternational travel to the Middle East took a major hit after the Arab Spring, falling by as much as one-third in Egypt, but Chinese tourists have proved to be the exception to the trend. Inbound travel to the region from China is sharply up, despite security risks and political uncertainty: more than half a million Chinese tourists visited Dubai last year, and the number of Chinese travelers to Egypt tripled to 200,000 over the past three years.
Read MoreNine newly-appointed Egyptian ministers and five governors, including Egypt’s first female governor, were sworn in on Thursday before President Abdel-Fattah El-Sisi in Cairo as part of a cabinet reshuffle. The reshuffle, which mainly involves ministries related to public services and the economy, was approved by parliament on Tuesday.
Read MoreBasilinna CEO, Deborah Lehr, joined a panel of distinguished speakers on January 26, 2017 to debate "The End of the Asian Century," the title of Michael Auslin's latest book. Dr. Auslin, a historian, Resident Scholar and the Director of Japan Studies at the American Enterprise Institute and panelist, developed a risk map for Asia in five key areas that bring into question the continued rise of the region.
Read MoreIf you asked a Trump voter why they supported their candidate during the 2016 election, you were likely to hear ‘he’s a businessman, not a politician. He’ll run the country like a business.' Very few CEOs run successful businesses without building a core team of advisers with broad, diverse backgrounds and perspectives.
Read MoreMark Zuckerberg’s New Year’s resolution to launch a 30-state tour of the United States in 2017 has led to speculation that he is weighing a future in elective office. “After a tumultuous last year,” Zuckerberg wrote in a Facebook post, “my hope for this challenge is to get out and talk to more people about how they’re living, working and thinking about the future.”
Read MoreSecretary John Kerry and Egyptian Foreign Minister Sameh Shoukry signed the first bilateral agreement between the U.S. and an Arab country to protect cultural heritage at a ceremony in the historic Treaty Room of the U.S. State Department this week.
Read MoreLaurel Strategies, Inc., the global CEO advisory and strategic communications firm announced today a number of new key additions that expand the firm’s capabilities and global expertise.
Read MoreIs fear of failure hindering Chinese entrepreneurship? A new initiative by the Chinese government suggests that cultural sensitivity to failure may be preventing some Chinese businessmen from launching their own companies.
Read MoreWhen Egypt recognized the People’s Republic of China in 1956 — the first Middle Eastern and African country to do so — it ushered the fledgling communist country into the broader international community beyond the Soviet bloc
Read MoreAfter 10 days investigating wayward provinces, the teams submitted a 1,000-page report with a simple conclusion: local leaders, looking out for their own financial interests, were consistently ignoring directives from Beijing.
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