Bloomberg Ho Chi Minh City, Vietnam’s biggest metropolis, faces an increasing risk of flood disasters given rapid infrastructure expansion driven by economic growth, according to McKinsey Global Institute. The chance of such events could increase five to 10 times by 2050, resulting in economic and infrastructural damage that could cost billions of dollars, according to a McKinsey report, dated April. ...

Bloomberg China and South Korea have asked Japan to join them in relaxing controls on business travel as virus cases tail off, the Yomiuri newspaper reported, without saying where it got the information. Japan remains reluctant to loosen what are currently some of the tightest border controls in the developed world, which were introduced over the past few weeks in ...

Bloomberg At the first meeting of the World Health Organization’s governing body since Covid-19 stormed the globe, China is set to be challenged on two of its most sensitive issues: The Communist Party’s initial handling of the virus and the status of Taiwan’s participation. While the US has launched a daily barrage of attacks on China, including suggesting the virus ...