In its annual list, ALB picks out Asia’s outstanding lawyers working with offshore law firms. These legal professionals have exceeded client expectations and requirements, delivering high-quality advice and support, and being recognised by their clients for the same. The lawyers in the list were selected based on client recommendations sent directly to ALB. A few lawyers have been profiled below.
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Increasing Labor Shortages Drive China to Invest in Automation May 27, 2021
As its population ages, China, the world’s second largest economy, is facing growing shortages in the labor market, according to CNBC.
In an interview with CNBC, Jonathan Woetzel, senior partner at McKinsey said “it’s still rapidly evolving that aging population is a reality … China’s now facing the challenge of potentially getting old before it gets rich.”
Chinese Population Boom Slows
According to the National Bureau of Statistics, China’s population of working age people shrank by more than 5 million over the past 10 years. A contributing factor: residual impacts from the one-child policy, put into place in the 1970’s.
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LONDON, May 26, 2021 /PRNewswire/ Krane Funds Advisors, LLC, (
KraneShares ), a global asset management firm known for its China-focused exchange traded funds (ETFs) and innovative China investment strategies, today announced the launch of the KraneShares ICBCCS SSE Star Market 50 Index UCITS ETF (Ticker: KSTR) on London Stock Exchange (LSEG).
KSTR tracks the Shanghai Stock Exchange (SSE) Science and Technology Innovation Board 50 Index. The Index comprises the 50 largest securities listed on SSE Science and Technology Innovation Board (STAR Market) as determined by market capitalization and liquidity.
As China has quickly become a world leader in innovation, the Shanghai Stock Exchange developed the STAR Market to promote China s high growth publicly-listed science and technology companies. The STAR Market includes companies from industries such as new-generation information technology, biomedicine, new energy, and environmental protection.
Investment Week is hosting its Asia, China & India Market Briefing at a pivotal time for investors as they start to position for the recovery from the Covid-19 pandemic, although risks remain.
During this interactive briefing, we will hear from a number of Asia managers about their response to the extraordinary events of the past year and their outlook for the rest of the year and beyond.
The managers will identify where they are seeing the biggest opportunities and risks at the moment in Asia and explain the role their strategies could play in client portfolios.
Attendees will also get the chance to network with peers, quiz our speakers, as well as benefit from CPD points.