In their 2022 book Sinostan, Raffaello Pantucci and Alexandros Petersen saw Central Asia as China’s “inadvertent empire”. If that is true – and the five-country region embracing Kazakhstan, Uzbekistan, Kyrgyzstan, Turkmenistan and Tajikistan (informally called the C5) certainly sits at the heart of China’s Belt and Road Initiative – then Beijing could not have chosen…
China’s Belt and Road Initiative, the world’s largest ongoing infrastructure program, has a substantial climate impact. More than half its emissions stem from steel, the majority of which was produced in China. Cutting the emissions will require stronger environmental policies and major investment in cleaner manufacturing technologies, two new studies concluded. More than 130 million…
In my travels around the world, I’m often asked if the best days of Hong Kong are behind us. My answer is always an emphatic “no” – and this is not merely a pep talk. When you step back and take a broad macroeconomic view, it becomes clear that, structurally speaking, our greatest opportunities lie…
Hong Kong has taken a monumental step forward in expanding its global economic footprint. Last week, Chief Executive John Lee Ka-chiu, leading a high-level business delegation, wrapped up a successful five-day mission to Kazakhstan and Uzbekistan. This historic visit – marking the first time the chief executive has led a mission to Central Asia –…
As part of its decades-old “multi-vector” foreign policy, based on balancing relations between major powers such as China, Russia, the United States and the European Union, Kazakhstan – Central Asia’s largest country – is now actively diversifying its economic and financial policies. While in the past, Astana sought to strengthen cooperation with the United Arab…
Xenophobia and financial woes in the West have created tremendous opportunities for higher education institutions in Hong Kong and the broader Eurasian region, the head of a leading university in Kazakhstan has said. Professor Waqar Ahmad, the president of Nazarbayev University, also revealed on Wednesday that the institution would soon launch another joint undergraduate programme…
Two universities in Hong Kong have signed partnership agreements with a leading varsity in Kazakhstan, with the city leader saying the moves will help deepen academic collaboration and strengthen social bonds. The Education University of Hong Kong and Polytechnic University signed separate memorandums of understanding (MOUs) with Nazarbayev University on Wednesday to boost cross-border research…
Hong Kong leader John Lee Ka-chiu has held talks with Kazakhstan’s president at the start of a visit to Central Asia, highlighting the city’s role as a “superconnector” bridging businesses with global markets, as his delegation sealed a wide range of partnership deals with the nation. Lee began his five-day trip on Monday by discussing…
Hongkong Post’s worsening financial situation may require not only an injection of funds but also a return to being a government-funded department providing basic public services, observers have said. The analysts’ views follow the authorities’ plan to inject HK$4.6 billion (US$587 million) as a lifeline to support Hongkong Post’s operations over the next three years,…
Hong Kong is an excellent option for Central Asian companies considering secondary listings to raise funds for expansion due to its deep liquidity, as the city eyes rapidly growing markets in the region, Hong Kong Exchanges and Clearing (HKEX) CEO Bonnie Chan Yiting has said. Chan, who will join a high-level delegation led by Chief…