Bloomberg Hong Kong Financial Secretary Paul Chan said he is optimistic about the city’s economic prospects for this year and expects the local real estate market to rebound after the China border reopens. Hong Kong’s exports, tourism and local service industry are all expected to rebound on China’s border reopening, and consumption in the first quarter is likely to ...

Bloomberg Chinese tourists accounted for nearly a third of Thailand’s visitors prior to Covid, so their pending return has local businesses hoping for a much needed boost. But a full recovery from the crisis remains a way off. Thai government and industry estimates on Chinese visitor numbers for next year range from 3 million to 5 million — a wide ...

Bloomberg Luiz Inacio Lula da Silva retook the helm of Latin America’s largest democracy promising to bring back the economic inclusion and prosperity that marked his first two terms as Brazil’s president between 2003 and 2011. It won’t be easy: Brazil grew more politically polarised over the past two decades, with trust in his Workers’ Party eroded by corruption scandals. ...