Hong Kong environment chief says voluntary green measures better given economy

Hong Kong environment chief says voluntary green measures better given economy

Hong Kong’s environment minister has cautioned against using mandatory measures to advance green policies given challenges the city faces arising from geopolitical tensions and economic transition, as he unveiled plans for the next phase of the ban on single-use plastics. Secretary for Environment and Ecology Tse Chin-wan said on Saturday the government would carry out…

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Hong Kong’s CK Hutchison stresses need for war chest in face of geopolitical tensions

Hong Kong’s CK Hutchison stresses need for war chest in face of geopolitical tensions

CK Hutchison Holdings needs a war chest to maintain its fiscal health in the face of escalating geopolitical tensions, its chairman Victor Li Tzar-kuoi has said, with senior managers assuring the US$23 billion deal involving two Panama ports will comply with regulations. At the conglomerate’s annual general meeting on Thursday, Li said that many uncertainties…

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US importers urging Hong Kong manufacturers ‘to bypass levies’ amid trade war

US importers urging Hong Kong manufacturers ‘to bypass levies’ amid trade war

The 90-day pause on Sino-US tariffs has caused “daily challenges” for Hong Kong manufacturers, industry veterans have said, revealing they have been receiving unlawful demands from American importers seeking to circumvent levies. Several told the Post that Beijing and Washington’s suspension of tariffs for 90 days from May 14 had given Hong Kong exporters some…

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US importers urging Hong Kong manufacturers ‘to bypass levies’ amid trade war

US importers urging Hong Kong manufacturers ‘to bypass levies’ amid trade war

The 90-day pause on Sino-US tariffs has caused “daily challenges” for Hong Kong manufacturers, industry veterans have said, revealing they have been receiving unlawful demands from American importers seeking to circumvent levies. Several told the Post that Beijing and Washington’s suspension of tariffs for 90 days from May 14 had given Hong Kong exporters some…

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Hong Kong facing ‘challenges’ of rising unilateralism, Beijing official warns

Hong Kong facing ‘challenges’ of rising unilateralism, Beijing official warns

The rise of unilateralism and protectionism poses “a certain amount of challenges” to Hong Kong’s development, Beijing’s top envoy in the city has said, while urging youngsters to embrace patriotism. Cui Jianchun, the commissioner of the Chinese foreign ministry’s office in Hong Kong, said on Saturday that some “large countries” were obsessed with putting themselves…

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