Hong Kong’s leader has announced that a public consultation for the final policy address of the current term will begin on Monday, with the exercise also set to gauge views on the city’s first five-year plan. Chief Executive John Lee Ka-chiu said on Thursday, after meeting tertiary education leaders to discuss the plan, that the…
In a span of just a few weeks, China’s ships have carried out “law enforcement” activities farther from its mainland than ever before, mapped a highly sensitive seabed and conducted “research” inside a highly contested lagoon more than 500 miles from its shores. China has long been accused of “salami-slicing” to advance its territorial claims…
China‘s push to become a global leader in cutting-edge technologies is triggering a surge in venture capital investments, with startups in sectors such as commercial space, quantum computing, nuclear fusion and artificial intelligence attracting billions of yuan despite having little or no revenue, according to Reuters. The investment frenzy comes as Beijing intensifies efforts to…
The Hong Kong government has launched a two-month public consultation for the city’s first five-year plan, marking an important milestone in its development. The blueprint provides the city with a clearer vision for the future and a systematic approach in pursuing further growth under the auspices of the “one country, two systems” framework. It also…
This article was first published on June 24, 2003. WHO gives the all-clear by Jimmy Cheung, Chow Chung-yan and Benjamin Wong Hong Kong is ready to spend $1 billion to rebuild its battered image and lure back tourists and businesses after it was officially declared free of Sars by the World Health Organization yesterday (June…
Beijing’s recent investigation into three brokerages – Futu Securities, Tiger Brokers and Long Bridge – was partly driven by concerns over foreign exchange “leakage” and the need to protect mainland China’s vast base of retail investors, Hong Kong’s finance chief has said. At a closed-door C-suite round table organised by the South China Morning Post…
China’s crackdown on cross-border securities trading could strengthen – rather than diminish – Hong Kong’s financial role, according to economists, as Beijing steers more capital through official channels and reinforces the city’s status as an offshore yuan hub. “I would argue that these moves make the importance of Hong Kong even bigger,” Diana Choyleva, founder…
The United States’ top envoy in Hong Kong has expressed optimism about US-China relations and pledged to continue seeking pragmatic and constructive ways to engage with the city’s officials. US Consul General Julie Eadeh made the remarks at her first media briefing since assuming the post last August, held during an American Independence Day event…
China’s five-year plan responds to “great changes unseen in a century”, prescient words used by President Xi Jinping since 2018. Chinese policymakers have anticipated headwinds in the world system, underscored by the upending of the “rules-based world order” by US President Donald Trump’s “law of the jungle” and a world increasingly threatened by climate change….
A Hong Kong court has jailed a man for 14 years for his role in an “evil” bomb plot against the authorities during and after the 2019 anti-government protests. The High Court on Thursday convicted Cheung Lai-ming of four charges after he pleaded guilty to making explosives at his public rental flat in Wong Tai…