The leader of Hong Kong’s Catholics has emphasised the need to maintain a “better understanding” and “better relationship” between the Vatican and mainland China, saying that such “bridge-building” under the late Pope Francis should continue. Cardinal Stephen Chow Sau-yan, who is in Rome preparing for the coming conclave that starts on Wednesday to elect a…
Hong Kong electoral authorities plan to include a new innovation hub near the border with mainland China in an existing constituency in the New Territories for the coming legislative poll, despite no one living there. The Electoral Affairs Commission (EAC) on Friday revealed its proposal to integrate the Hong Kong part of the Hetao cooperation…
Washington ended the “de minimis” exemption for mainland China and Hong Kong on Friday, which had allowed products valued at US$800 or below to be shipped to the United States duty-free. While there are indications Washington and Beijing are moving towards easing their tit-for-tat tariff war, businesses in Hong Kong and the mainland have already…
Hong Kong national security police have charged the father of wanted activist Anna Kwok Fung-yee for allegedly handling the funds or financial assets of an absconder, the Post has learned. A police source said on Friday that national security officers also arrested the brother of the United States-based Kwok for the same offence during an…
The US Senate confirmed long-time China critic David Perdue as the new US ambassador to China on Tuesday, a key role amid escalated bilateral tensions and a high-stakes tariff showdown between the world’s two largest economies. Perdue, 75, a former US senator for the state of Georgia and a veteran business executive, was confirmed in…
Hong Kong office tenants pay the second-highest costs in the world for prime space, behind only tenants in London’s West End, according to research by property consultancy Savills. Office space in Hong Kong cost an estimated US$228 per square foot per year including rent and fit-out costs, according to the study, which tracked prime offices…
US President Donald Trump says there is “a very good chance” of reaching a trade deal with China, even as his own trade envoy acknowledged just hours earlier that no tariff discussions are taking place between Washington and Beijing. “Will we make a deal? There’s a very good chance we’re going to make a deal…
China will hold off on entering serious trade talks with the US while it waits to see which of Donald Trump’s advisers will have his ear and how other countries will respond to the 90-day pause on tariffs, according to sources. The Trump administration was “too divided” and China was in no rush to negotiate…
Hong Kong should collaborate with mainland China on tourism initiatives in the Greater Bay Area and beyond to capitalise on Beijing’s recent easing of tax refund rules for visitors, industry leaders have said. Chung Pok-man, vice-chairman of the Hong Kong Department Stores and Commercial Staff General Union, said on Wednesday that the mainland’s recently relaxed…
Hong Kong’s Tsim Sha Tsui district commanded the most expensive rental fees among the world’s retail markets last year, as luxury brands from Cartier and Dior to Tiffany kept their flagship stores running on the Kowloon peninsula, according to Savills. Prime retail rent in TST, as the area is called, was £17,132 (US$22,976) per square…