1 CORONAVIRUS: DEATH TOLL RISES TO 80 AS CHINA EXTENDS HOLIDAY WWW.BBC.COM PUBLISHED:2020/01/27      2 MONGOLIA TO WORK WITH 2030 WATER RESOURCES GROUP WWW.MONTSAME.MN PUBLISHED:2020/01/27      3 MONGOLIA ON HIGH ALERT DUE TO CORONAVIRUS OUTBREAK WWW.MONTSAME.MN PUBLISHED:2020/01/27      4 BORDER CROSSINGS WITH CHINA CLOSED FOR CHINESE LUNAR NEW YEAR WWW.MONTSAME.MN PUBLISHED:2020/01/27      5 GRETA THUNBERG INVITED TO MONGOLIA WWW.NEWS.MN PUBLISHED:2020/01/27      6 MONGOLIAN PARLIAMENT APPROVES INTELLECTUAL PROPERTY LAW WWW.NEWS.MN PUBLISHED:2020/01/27      7 THE HU: TICKETS IN UK AND IRELAND SOLD OUT! WWW.NEWS.MN PUBLISHED:2020/01/27      8 FORMER PRIME MINISTER OF MONGOLIA RETAINS AMSTERDAM & PARTNERS LLP TO DEFEND AGAINST POLITICALLY MOTIVATED CHARGES WWW.AMSTERDAMANDPARTNERS.COM PUBLISHED:2020/01/27      9 GOLDMAN: CHINA CORONAVIRUS COULD PUSH OIL DOWN BY $3 WWW.RT.COM PUBLISHED:2020/01/24      10 CORONAVIRUS SCARE: 6 PEOPLE EXAMINED IN MONGOLIA WWW.NEWS.MN PUBLISHED:2020/01/24      ПЕТРОВИС ГРУППИЙН МИНИЙ МАШИН... УРАМШУУЛАЛТ ХӨТӨЛБӨР ОРОН ДАЯАР ЭХЭЛЛЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2020/01/27     МОНГОЛЫН МАРГААШ БОЛ УУЛ УУРХАЙ БУС МАЛ АЖ АХУЙ ЮМ WWW.ZGM.MN  НИЙТЭЛСЭН:2020/01/26     НООЛУУРЫН ДӨРӨВ ДЭХ ТОМ ХЭРЭГЛЭГЧ ГЕРМАНД МОНГОЛЧУУДЫГ ЖИГШИЖ ЭХЭЛЖЭЭ WWW.ZGM.MN НИЙТЭЛСЭН:2020/01/26     УОК: III САРЫН 2-ЫГ ХҮРТЭЛ УЛС ДАЯР СУРГУУЛЬ, ЦЭЦЭРЛЭГИЙН ҮЙЛ АЖИЛЛАГААГ ТҮР ЗОГСООХООР ШИЙДВЭРЛЭВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2020/01/26     ТӨВ БАНК “АРИГ” БАНКАНД НӨХЦӨЛТ УДИРДЛАГЫГ ХЭРЭГЖҮҮЛЭХЭЭР БҮРЭН ЭРХТ ТӨЛӨӨЛӨГЧ ТОМИЛЛОО WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2020/01/26     1991-1994 ОНД ТЭТГЭВЭР ТОГТООЛГОСОН ЗАРИМ ИРГЭНИЙ НЭМЭГДЭЛ 50,000 ТӨГРӨГИЙГ ОЛГОЖ ЭХЭЛЖЭЭ WWW.IKON.MN НИЙТЭЛСЭН:2020/01/26     СААРАЛ ЖАГСААЛТААС ГАРАХ ЭХНИЙ ТАЙЛАНГАА ХАМГААЛЖЭЭ WWW.EAGLE.MN  НИЙТЭЛСЭН:2020/01/26     НӨАТ-ЫН БУЦААН ОЛГОЛТЫН САНХҮҮЖИЛТИЙГ САНГИЙН ЯАМАНД ХҮРГҮҮЛНЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2020/01/26     ТӨВ БАНК АЖ АХУЙН НЭГЖҮҮДЭЭС 2.3 ТЭРБУМ АМ.ДОЛЛАР ХУДАЛДАН АВЧЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2020/01/26     MMC: 2019 ОНД 10.7 САЯ ТОНН НҮҮРС ОЛБОРЛОЖ,4.7 САЯ ТОНН УГААСАН КОКСЖИХ НҮҮРС БОРЛУУЛСАН WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2020/01/23    

More Than Mining: Forbes Mongolia Editor Upbeat About Business With China www.forbes.com

At a time of uncertainty about the business outlook between the world’s two largest economies – the U.S. and China, optimism endures about the Asia-Pacific region as a whole. The Asian Development Bank said in a new report on Tuesday, for instance, the Asia-Pacific’s share of global gross domestic product surpassed one third in 2018. “The Asia and Pacific region is increasing its strong contribution to the global economy,” said ADB Chief Economist Yasuyuki Sawada in a statement.

Mongolia, with a population of about three million – approximately one eighth that of the city of Shanghai alone, doesn’t often get the same attention as larger Asian economies such as Japan or China, but its economy is also doing well. GDP in the landlocked nation is likely to grow by more than 6% this year, Forbes Mongolia Editor-in-Chief Tsetsegsuren B. said during a visit to Forbes China in Shanghai on Tuesday.

Ties to China are helping. China and Mongolia are neighboring economies and “should collaborate on a broader scale,” she said. Even if China’s GDP growth is slowing, the country is still doing well in comparison with many others, Tsetsegsuren said. China’s current GDP growth rate of 6-7% “is quite good,” she said.

China is Mongolia’s biggest export market, accounting for 60% of its total trade. Business between the two countries – which in 2019 are celebrating their 70th year of diplomatic ties -- is focused on minerals, Tsetsegsuren said. Mongolia is a producer of copper, gold and coal.

Yet there is more room for growth. “Agriculture, services and tourism’s contribution can be increased rapidly,” she said. “Mongolia’s natural beauty is stunning.” Among other attractions, Mongolia offers visitors the chance to take in yurts, camels and rugged peaks. Forbes named Mongolia as one of the 10 coolest places to go in 2019.

Forbes Mongolia is one of 39 locally licensed editions of Forbes around the world.

--Russell Flannery



Published Date:2019-09-11