News about -  Why China is not rushing to become a global leader

    Why China is not rushing to become a global leader

    In global politics, where dominance is often measured by loud declarations and displays of power, China behaves like a master of the game of Go, carefully and silently placing its stones, favoring strategic depth over superficial spectacle. At first glance, all the prerequisites for hegemony seem to be in place: the world’s second largest economy,…

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    Hong Kong customs arrests 5 in suspected HK$8.9 billion ‘phantom trading’ racket

      Hong Kong customs arrests 5 in suspected HK$8.9 billion ‘phantom trading’ racket

      Hong Kong customs has arrested five people on suspicion of laundering HK$8.9 billion (US$1.1 billion) in suspected crime proceeds over a four-year period, with investigators for the first time uncovering a syndicate using sophisticated fake shipping websites for “phantom trading”. Senior Investigator Tsoi Kim-fai of customs’ financial investigation bureau said on Tuesday that the operation…

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      Musicians perform during the Africa’s Business Heroes competition in Kigali, Rwanda on Saturday. Photo: Handout

        China-Africa partnership leaps into the future as Beijing expands market access: envoy

        The Chinese ambassador to Rwanda said on Friday that China-Africa cooperation had expanded into forward-looking sectors such as artificial intelligence, the digital economy, green energy, fintech and sustainable development. While attending the Seventh Africa’s Business Heroes Summit held in Kigali, Rwanda, Gao Wenqi thanked entrepreneurs from China and African nations for expanding cooperation into sectors…

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