Hong Kong’s commerce and economic development chief will visit Singapore next week in his latest global charm offensive to bolster bilateral trade ties as he described the city state as “a friend” rather than “a rival”. Secretary for Commerce and Economic Development Algernon Yau Ying-wah told the Post in an exclusive interview that he would…
On August 1, China’s state planner announced a crackdown on “herd behaviour” in emerging industries, targeting the surge of capital into hot sectors such as electric vehicles (EVs), batteries and solar. Officials warned against “blind imitation” where firms large and small pile into the same space, sparking price wars and overcapacity. This frenzy, often dubbed…
Just over two years ago, a plunge in Vietnam’s stocks left Pham Nam with a loss of 2 billion dong ($76,269) and led him to sell his Hyundai car. Nam swore he’ll never invest again. But a 22% rally this year in the benchmark VN Index has compelled Nam to wade back in with his…
US President Donald Trump is keen to visit China but a September visit is not happening, according to sources, who said Beijing and Washington were working to secure a trip in October or November. Hurdles remain, but high-level officials “share a consensus”, sources familiar with the matter told the South China Morning Post. Media reports…
The competition, titled “AI for All”, will run through September and features 17 tracks, including automobile, tourism, cross-border e-commerce, smart agriculture, and market regulation. Hosted by the Guangxi regional government, the kick-off took place simultaneously in eight cities: Guangxi’s capital Nanning, Beijing, Shanghai, Hangzhou, Shenzhen, Hong Kong, Bangkok, and Kuala Lumpur. “Hong Kong’s AI ecosystem…
Hong Kong’s industrial sector is increasingly adopting a “China plus N” strategy as a primary defence against unpredictable United States trade policies, with about 70 per cent of its members already operating in, or moving to, Southeast Asia, according to a report. Steve Chuang Tzu-hsiung, chairman of the Federation of Hong Kong Industries, said on…
KUALA LUMPUR, Malaysia (AP) — U.S. Secretary of State Marco Rubio wrapped up his second and final day at a Southeast Asian security conference in a high-stakes meeting with his Chinese counterpart as tensions grow between Washington and Beijing over issues from trade to security and China’s support for Russia’s war in Ukraine. After discussions…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. China’s exports to the United States have plunged over 43% year-over-year in May, representing a $15 billion drop in trade value, yet at the same time, China’s total exports have increased 4.8%, according to official figures, despite the…
President Donald Trump’s administration is reaching out to business executives to weigh interest in accompanying him on a possible trip to China this year, according to people familiar with the matter, highlighting the potential for strengthening ties between the economies even as the US signals its desire to decouple from Beijing. The Commerce Department is…
Hong Kong has been named the third most Muslim-friendly travel destination globally among non-Islamic economies, although some industry insiders have said the city still has room for improvement in attracting more visitors. The Hong Kong Tourism Board said on Friday that the city had moved up one place to third in the Mastercard-CrescentRating 2025 Global…