Over the last two decades, Cambodia’s GDP has grown an average 7.7 percent annually. But, when developing countries experience rapid growth, key segments of the population may be left behind. That gap is apparent on the Cambodian real estate market.
Amid intense rivalry in the grocery business, Aldi Nord says it wants to put apartments above some of its supermarkets. Real estate in the German capital is at peak demand, amid high immigration and a lack of new homes.
In a big push for corporate social responsibility, billionaire BlackRock CEO calls on S&P 500 companies to acknowledge their societal impact and evolve to fulfill it, or else. Lindsey Rae Gjording reports from New York.
China is shoring up its sphere of influence in Southeast Asia through aid and investment. By funding infrastructure and development, China can increase its economic and strategic leverage over poorer neighbors.
China's economy climbed 6.9 percent in the first quarter of 2017, the fastest growth in more than two years. Strong government spending and a property boom were credited for the positive result.
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