The Hong Kong government could reduce land sale prices, improve the efficiency of 167,000 civil servants and temporarily freeze their pay as possible solutions to ease the HK$100 billion (HK$12.85 billion) deficit, experts have said, while admitting there are no simple solutions. A day after finance chief Paul Chan Mo-po projected the deficit would more…
THE Guangdong-Hong Kong-Macao Greater Bay Area, or the GBA, and the pivotal role it plays in furthering China’s modernization, deepening reform and opening up, and enhancing international partnerships with countries across the world, mostly with Asean countries, including the Philippines. China’s modernization drive is about internal development and creating an open, innovative and integrated modern…
Speakers share their insights during a panel discussion co-organized by China Daily with the theme of China, Green BRI & RCEP: Navigating the Future, Accelerating Partnerships. (LIU LULU/ CHINA DAILY) Southeast Asian countries are poised to capitalize on China’s technology strengths and regional partnerships to seize the opportunities presented by technology advancements as international headwinds…
China said it rejected a bilateral defense ministers’ meeting with the United States because Washington disrespected its “core interests” by continuing weapon sales to Taiwan. The Pentagon said on Wednesday that China had rejected U.S. Defense Secretary Lloyd Austin‘s proposal to meet his Chinese counterpart, Dong Jun, at the Association of Southeast Asian Nations’ two-day…
VIENTIANE, LAOS — Southeast Asian defense chiefs met Thursday with their counterparts from China, the United States and other nations in Laos for security talks, which come as Beijing’s increasingly assertive stance in its claim to most of the South China Sea is leading to more confrontations. The closed-door talks put U.S. Secretary of Defense…
The 2024 Family Business Summit (FBS) concluded in Hong Kong as the principal members of more than 100 wealthy families exchanged views on a broad range of topics with distinguished speakers from different fields. The second day of the by-invitation event kicked off with a discussion about opportunities in the Association of Southeast Asian Nations…
Hong Kong is seeking to strengthen ties with Southeast Asian countries, with the city leader meeting leaders from Singapore, Malaysia and Vietnam during the Asia-Pacific Economic Cooperation (Apec) summit in Peru. Chief Executive John Lee Ka-chiu on Friday morning local time in Lima also met representatives of countries including Chile, Japan, South Korea and Indonesia…
China and Malaysia should “enhance political trust and firmly support each other’s core interests and major concerns”, Chinese President Xi Jinping told Malaysian Prime Minister Anwar Ibrahim in Beijing on Thursday. China and Malaysia are “key representatives” of developing nations and emerging economies in Asia, Xi said, as he called for a high-level strategic partnership…
China’s foreign minister Wang Yi will hold talks with Japan’s top national security official Takeo Akiba in Beijing on Monday, aiming to lay groundwork for the first summit between their leaders later this month, Japanese media reported while citing government sources. Sources told Japanese news agency Kyodo on Sunday that plans were under way for…
The United States has launched a new cooperation framework with South Korea, one of its key allies, in the contested Indo-Pacific region as it seeks to keep China in check. The announcement was made following a meeting between the U.S. and South Korea at the Pentagon, where U.S. Defense Secretary Lloyd Austin and his South…