In an interesting announcement the Statistics Bureau of China has stated the Bureau plans to revise its annual GDP forecast in the coming days. Now normally these announcement means bad economic news, however, this may not be the case. It seems that the National Economic Census has found some new data points that shows a bigger asset total than what was originally calculated in the past. If that indeed is the case, then China would indeed be richer than expected. Let’s keep a close eye on this announcement for the actual result.

Hong Kong is an important tech sector and recent breakthroughs show that China companies are making good use of its strong tech ecosystem to strengthen their product offerings and service line. The most recent breakthrough came out of a Hong Kong university for smart phone information transfer. The work at the university is back by Huawei Technologies, which plans to use this new tech release for its next generation smart phone.

It is almost impossible to find a Chinese city, big or small, that does not have at least one KFC fast food restaurant. The success of KFC is practically incomparable when it comes to the rollout of a foreign food brand. Perhaps only Coca Cola could claim a better integration with the Chinese market. Now, Popeyes is coming on to the stage and believes it can challenge the dominance of KFC. This could be an interesting competition to watch in the coming years.

A new financial index is being launched to track the performance of enterprises that benefit from the Belt & Road Initiative (BRI). This most interesting index includes companies identified by the World Bank across over 70 countries. The index will focus on the top 100 companies and provide investors with a measurement on the economic benefits derived by this group of BRI leaders.

Onwards and upwards…