Beijing’s top envoy in Hong Kong has urged the city to broaden its links with the outside world to maintain its internationalisation, adding that it also needs to be more innovative to thrive in changing times, while the chief executive pledged to further boost the economy by taking bold steps. Zheng Yanxiong, director of the…
Registrations of local and non-local companies in Hong Kong reached all-time highs in 2024, according to authorities. While the Companies Registry said on Friday that it had made the process easier, a lawmaker attributed the increase to the government’s recent aggressive efforts in attracting overseas companies. Last year, 145,053 local businesses were established, bringing the…
China’s investment in Djibouti is finally beginning to pay off, but the Red Sea crisis has brought mixed feelings about the business outlook among some Chinese executives based in the tiny Horn of Africa nation. Djibouti has been a major East African investment destination for Chinese companies under Beijing’s Belt and Road Initiative, with their…
When Rwandan President Paul Kagame spoke at the recent Doha Forum, he sang China’s praises. “We have been benefiting from the cooperation and the attitude of bringing everybody to the table where everyone feels they are winning in the process,” he said. “That is, to my understanding, what China presents.” Kagame is not alone in…
China’s southern tech hub of Shenzhen is poised to surpass long-time foreign-trade champion Shanghai this year, having posted record trade by value and a record growth rate in the first 11 months of 2024. The strong growth has been buoyed by growing demand for electronics, hi-tech products, and an expansion of cross-border e-commerce, according to…
Yu Yanhong, director of the National Administration of Traditional Chinese Medicine, said the international collaboration would focus on acupuncture research, herbal medicine studies, and evidence-based research in traditional medicine. “The plan is to train 1,300 professionals in the first batch over the next three years,” she said, state broadcaster CCTV reported on Saturday. “The initiative…
Africa’s top lenders are opening branches in major Chinese cities in a race to tap into growing trade ties between China and Africa amid Beijing’s push for yuan-based transactions. This is despite threats from the US, where president-elect Donald Trump has said he will impose 100 per cent tariffs on Brics countries that pursue de-dollarisation….
Hong Kong officials and industry insiders touted the city’s cryptocurrency trials and regulatory stability as strengths for the market at the Belt and Road Forum on Thursday, as the crypto euphoria surrounding the re-election of Donald Trump to the US presidency pushed the price of bitcoin past US$100,000 this week. “Trump is unpredictable. He may…
Hong Kong officials and industry insiders touted the city’s cryptocurrency trials and regulatory stability as strengths for the market at the Belt and Road Forum on Thursday, as the crypto euphoria surrounding the re-election of Donald Trump to the US presidency pushed the price of bitcoin past US$100,000 this week. “Trump is unpredictable. He may…
China’s far west region of Xinjiang is seeking closer ties and cross-border cooperation with Pakistan and Central Asian countries in a bid to counter US sanctions and consolidate its role as a gateway under the Belt and Road Initiative. Khunjerab port – the sole border crossing connecting China and Pakistan – in Xinjiang Uygur autonomous…