Hong Kong will hold the Apec finance ministers’ meeting in October next year as part of China’s efforts to host the regional economic forum, the Post has learned. A source also revealed on Friday that Macau would host the tourism ministers’ meeting for the Asia-Pacific Economic Cooperation forum. Last month, Chinese President Xi Jinping announced…
Openness is the catchword of China’s interface with the rest of the world. It is reflected in Beijing’s choice of Shenzhen to host the Apec leaders’ meeting next year. Announcing the decision, President Xi Jinping summed up the credentials of Hong Kong’s neighbouring city: “Shenzhen has transformed from a backward fishing village into a modern…
Investors in the West are underestimating the scale of innovation, entrepreneurship and economic momentum happening in China, leading to missed opportunities, according to William Ford, chairman and CEO of US private equity firm General Atlantic. “Investors avoid investing in China at their own peril,” Ford said in an exclusive interview with the Post on the…
China’s top envoy to the US said the top priority for both countries is to translate recent outcomes from meetings in Busan and Kuala Lumpur into concrete actions without “causing new disruptions”. Speaking via video link to the US-China Business Council’s annual conference in Shanghai, Xie Feng also reiterated Beijing’s four red lines, including the…
Global trade tensions, stoked by China-US tariffs, are settling into a steadier balance as the world braces for fresh challenges from rapid technological disruptions, financial leaders said on Tuesday at a summit in Hong Kong. The China-US relationship had entered into a more “stable equilibrium” after last week’s talks between the leaders of the world’s…
Smartphone giant Xiaomi briefly took the spotlight during Saturday’s meeting between President Xi Jinping and his South Korean counterpart, Lee Jae-myung, as a pair of the company’s handsets were presented as gifts by China’s head of state. The selection of its flagship consumer product as a state gift reflected Xiaomi’s growing status as a symbol…
China’s top diplomat has called the summit between Chinese President Xi Jinping and US President Donald Trump “a historic moment” that would help reduce misunderstanding and prevent major fluctuations in their countries’ bilateral ties. Foreign Minister Wang Yi also noted that Shenzhen in southern China was getting ready to host next year’s Apec summit, a…
Chinese leader Xi Jinping met South Korean counterpart Lee Jae Myung on Saturday, after taking centre stage at an Asian summit in the wake of US leader Donald Trump’s departure. The talks on the sidelines of the APEC gathering came the final day of Xi’s first trip to South Korea in over a decade, and…
China’s decision to host next year’s Apec summit in the innovation hub of Shenzhen reflects Beijing’s “resolve to uphold openness”, according to analysts. Highlighting the southern city’s spectacular growth over the past few decades, Chinese President Xi Jinping announced the decision at the end of the 2025 Asia-Pacific Economic Cooperation (Apec) summit in Gyeongju, South…
US President Donald Trump’s call to “immediately” resume testing of nuclear weapons, citing Beijing and Moscow’s rapid nuclear build-up, could drive China to “accelerate” its own efforts to develop its strategic forces, according to analysts. On Thursday, Trump posted on social media that he had instructed the Pentagon to start testing US nuclear weapons “on…