Hong Kong must transform itself from a transshipment port into a global supply chain services hub to navigate a raging US-China trade war while leveraging its position as an international shipping and trading centre, industry leaders have said. Kennedy Wong Ying-ho, honorary president of the Hong Kong Chinese Importers’ and Exporters’ Association, said on Thursday…
Chinese battery producer Leoch International Technology has been pressing ahead with the first instalment of its US$200 million factory in Mexico before a June launch, with the Hong Kong-listed firm just one of many getting to grips with unpredictable US tariff policies. Executive director and chief investment officer Helen Hong Yu said the company originally…
Chinese battery producer Leoch International Technology has been pressing ahead with the first instalment of its US$200 million factory in Mexico before a June launch, with the Hong Kong-listed firm just one of many getting to grips with unpredictable US tariff policies. Executive director and chief investment officer Helen Hong Yu said the company originally…
President Xi Jinping will set off on a tour of three Southeast Asian countries next week as Beijing urgently seeks to strengthen ties with its neighbours amid an intensifying tariff war with Washington. Confirming an earlier report by the Post, the Chinese foreign ministry said on Friday that Xi would visit Vietnam on Monday, followed…
Hong Kong manufacturers should hold no illusions about getting more bulk orders from the United States going forward, with the escalating trade war representing a chance for them to turn into “value-adders” supporting mainland Chinese companies going global, sector representatives have said. Industry veterans on Saturday also encouraged their peers to turn to markets in…
US President Donald Trump has launched a global trade war, erecting a protectionist barrier around the world’s largest economy, roiling markets and heightening fears of inflation and recession. It is unprecedented since the second world war. China, facing import tariffs of a further 34 per cent, has condemned them and vowed a resolute response. Asia…
Major stock benchmarks in Hong Kong, Singapore and the US have upside potential in 2025 as breakthroughs in artificial intelligence (AI) create big opportunities, according to HSBC’s survey of wealthy investors in the two Asian financial hubs. Some 55 per cent of the respondents said the Hang Seng Index, the Straits Times Index and the…
Hong Kong is devoted to deepening its foreign ties, the city’s leader has said, while urging economies in Asia to promote bilateralism and reject protectionism amid a fast-changing geopolitical environment. Chief Executive John Lee Ka-chiu on Tuesday also called for more collaboration between the city and mainland China’s Hainan province to promote free trade and…
Upgrading the city into an international education hub has been made a top government priority in recent years, and rightly so. But there are also concerns as the rush to expand non-local admission quotas for universities and to promote the “Study in Hong Kong” brand has resulted in a surge in intakes from the mainland….
Hong Kong solidified its status as a premier travel destination for Filipinos, attracting 1.2 million visitors from the Philippines in 2024 – the highest among Southeast Asian nations, according to the Hong Kong Tourism Board (HKTB). This figure represents around half of the 2.4 million arrivals from the region, underlining the Philippines as a key…