It has been over a decade since some Hong Kong manufacturers, responding to the mainland’s sweeping industrial upgrade and sensing rising US-China trade tensions, moved to set up factories overseas. Being nimble paid off, until President Donald Trump launched his barrage of tariffs on US trading partners as part of his “America first” economic plan….
Hong Kong stocks rose for a fifth straight trading day on anticipation of US-China trade talks later this week, coupled with continued capital inflows into the city, which have pushed the local currency to the strong end of its trading band. The Hang Seng Index rose 1.8 per cent to 23,075.77 at 10am on Wednesday….
It has been over a decade since some Hong Kong manufacturers, responding to the mainland’s sweeping industrial upgrade and sensing rising US-China trade tensions, moved to set up factories overseas. Being nimble paid off, until President Donald Trump launched his barrage of tariffs on US trading partners as part of his “America first” economic plan….
Beijing [China] May 6 (ANI): China experienced a significant increase in tourist numbers and robust consumer spending during the five-day Labour Day holiday; however, users on Chinese social media have raised doubts about the reliability of these figures, pointing to various economic challenges and a drop in exports, as reported by Radio Free Asia (RFA)….
Shipments of Chinese goods to the U.S. are plunging, auguring potential supply-chain disruptions that could empty store shelves as early as this summer, some experts have warned. As U.S. tariffs of up to 145% on Chinese imports take hold, supplies of a broad range of products could start to dwindle later this summer as back-to-school…
A foreign tourist learns to play bianzhong, or bronze chime bells, at the Oriental Music Cultural Museum in Dalian, Liaoning province, on May 3, 2025. (ZHANG CHUNLEI/FOR CHINA DAILY) China’s inbound tourism market saw strong recovery and growth during the just-concluded Labor Day holiday, with smaller cities attracting more foreign visitors seeking cultural experiences, according…
The Hong Kong General Chamber of Commerce said on April 17 that a delegation of 10 to 20 members and leaders would not depart for Dallas on April 24 as scheduled due to the rapidly changing geopolitical situation. It would have been the chamber’s first visit to the US in seven years. The New People’s…
As Hong Kong’s Fashion InStyle fairground wrapped up, attendance numbers underscored the Fragrant Harbour city’s international influence as a global trade platform. Organized by the Hong Kong Trade Development Council (HKTDC), a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade, the global show brought together some 400 exhibitors and drew…
Police in the eastern Chinese province of Shandong have arrested a driver after a car ploughed into a crowd of people at a bus stop on Sunday afternoon. Authorities in the city of Tengzhou confirmed the crash on Monday afternoon, adding that the driver had been detained, according to Jimu News, an online media outlet…
Early figures from China’s two dominant mobile payment services, Alipay and WeChat Pay, showed strong inbound travel spending during the country’s five-day Labour Day holiday. Alipay, a unit under Ant Group, said in a statement on Monday that both the number of transactions and total spending by inbound travellers across 13 e-wallets in its network…