More than two million Mongolians are electing a new president today, having the choice of three candidates: Miyeegombyn Enkhbold of the Mongolian People’s Party, Khaltmaa Battulga of the Democratic Party, and Sainkhuugiin Ganbaatar of the Mongolian People’s Revolutionary Party. The race has so far been led by Miyegombo Enkhbold of the ruling Mongolian People’s Party,... View Article

The European Union (EU) and Malaysia will resume their Free-Trade Agreement (FTA) talks within the year, according to EU Ambassador and Head of Delegation to Malaysia, Maria Castillo-Fernandez. “Once it resumes, we can complete it in a very reasonable timeframe” she concluded. Negotiations began in 2010 but were put on hold soon after. “Bilateral trade... View Article

The £18billion nuclear power station project at Hinkley Point C in Berkshire, in which the China General Nuclear Power Corporation has 33 per cent  stake, ‘has locked consumers into a risky and expensive project with uncertain strategic and economic benefits’ according to a National Audit Office Report released today. The report found that the Department... View Article

A senior ministerial team from Indonesia returned to Beijing last week to follow up on the Belt and Road initiatives agreed by Xi and Jokowi at the New Silk Road Summit in May. The visit was led by Indonesian Maritime Coordinating Minister, Luhut Panjaitan. Competition is looming in the region as Luhut suggested that Indonesia... View Article

The Central People’s Government of China has approved Chief Executive-elect Carrie Lam’s principal official nominations for the Hong Kong Special Administrative Region’s fifth-term Government. The new administration will assume office on 1 July. Out of the 21 officials, six are incumbent ministers, four are incumbent deputy ministers who will be promoted to lead their own... View Article

Despite the current slowdown, China’s economy is still stable in the near and medium term, said Hu Shuli, editor-in-chief of Caixin Media. Speaking at the University of Oxford’s Blavatnik School of Government, Hu Shuli, who briefed Asia House corporate members last week, said that the long-term growth for China relies on embracing market economy. After... View Article

The Department for International Trade has announced that Crawford Falconer will be the UK’s Chief Negotiator on trade deals with the rest of the world and Second Permanent Secretary at the department. Falconer is both a British and New Zealand citizen and has had a long career with New Zealand’s Foreign Office, specialising in trade.... View Article

An online public dispute flared up last week in Singapore’s ruling family. The current Prime Minister’s siblings took to Facebook to say that they had lost confidence in him. PM Lee Hsien Loong is the son of the former Prime Minister Lee Kuan Yew who is credited with transforming a resource-poor but strategically located postcolonial... View Article

Jin Liqun, President of the Asian Infrastructure Investment Bank (AIIB), has said the bank is promoting ‘green connectivity’. Speaking at a session on sustainable infrastructure at the AIIB’s annual general meeting in Jeju, South Korea, Jin Liqun said the AIIB is working with sovereign governments promoting better policy environment. “Our success depends on collaborative wisdom,... View Article

The new President of South Korea, Moon Jae-in, has expressed his gratitude to China for initiating the Asian Infrastructure Investment Bank (AIIB) and paid tribute to the organisation for its work to date. Delivering the keynote address at the formal opening of AIIB’s annual general meeting on the island of Jeju, President Moon said he... View Article