Beijing steers green cars in a new direction

[HONG KONG] China is driving clean cars. The country accounts for four of every 10 electric vehicles sold globally. Shrinking subsidies, however, have exposed tepid demand that will lead the state to provide greater support for other sorts of green vehicles instead. That would recharge some...

Jardine Matheson maps a road to younger Asia for its peers

[HONG KONG] For Hong Kong's tycoons, South-east Asia is looking like a tempting getaway. Jardine Matheson, one of the best-known colonial-era trading houses, moved its headquarters out of the territory ahead of the handover to China in 1997. It has since thrived in Indonesia and Vietnam. That...