Amid the booming retail market for stylish lifestyle products and consumables, China has emerged as the world’s second largest advertising market, trailing only the US. With Hong Kong being a proven gateway to the mainland market, advertising agencies in Hong Kong are well placed to access its huge advertising sector. SME marketers intending to enter the mainland market, however, need to take note of a number of practical issues.
The long-awaited BRICS bank – officially the New Development Bank – was finally green-lit at the group's recent Russian summit. With its remit and programme unclear, South Africa is already readying its bid for new infrastructure funding.
The Civil Aviation Administration of China (CAAC) is looking into plans to build an air Silk Road and calling on airlines to step up their "going out" efforts and develop international networks to build key nodes on this new Silk Road.