Entrepreneurs believe now is the time to scout for startups which could become the next Salesforce.com or Oracle of China.
Brazil
Flow of goods has increased 130 per cent since 2016; China remains Brazil’s largest trading partner, ahead of the United States.
Factory set to be up and running in the second half of next year, with an annual capacity of 100,000 units.
Quarantine for arrivals from other foreign countries stays at 21 days; research indicates Omicron has relatively short incubation period.
While Hong Kong is cutting time to 14 days and a week’s self-health management, city health chief says Omicron and Delta still present significant threat.
Delays blamed on complications caused by pandemic as well as a lapse in international relations.
Strict Covid-19 precautions remain in place, with arriving passengers facing up to 28 days’ hotel quarantine.
Future plans, following regulatory approval, include doubling staff to 100 and boosting capital.
Imports down slightly to 96.52 million tonnes, with over half sourced from Brazil.