“Made-in-Hong Kong” products ranging from mooncakes to garments can shine with the help of technology, automation, subsidies and even artificial intelligence (AI), one of the city’s largest industry groups has said. The Federation of Hong Kong Industries revealed the findings of its recent study on Friday, saying that the city’s industrial sector added HK$127.1 billion…
Southeast Asian countries risk isolation by China and stalled growth prospects if they align too closely with the US in the trade war, a well-known Chinese political scientist has warned. Zheng Yongnian, dean of the school of public policy at Chinese University of Hong Kong, Shenzhen, said that supporting the re-industrialisation efforts of the Association…
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…