Friedrich Merz, the conservative front-runner in the race to be Germany’s next chancellor, warned domestic companies against making bigger investments in China. “The decision to invest in China is a decision with great risk,” Merz said at a foreign policy event in Berlin Thursday. “If you take this risk, do it in such a way…
In 2017, Norway set a goal of eliminating sales of fossil-fuel-powered cars by 2025. At the time it seemed like little more than a feel-good fantasy to soften the image of a government led by Erna Solberg, a conservative advocate of oil production who’d earned the sobriquet “Iron Erna.” But as the deadline approaches, it…
Hong Kong’s biggest property developer sold all of its units put on sale at one of its projects over the weekend, as some buyers took advantage of lower borrowing costs and steep discounts. All 238 units for sale at Sun Hung Kai Properties’ Cullinan Sky project were sold over the weekend, according to a representative…
UK Labour party veteran Peter Mandelson faulted the former Conservative government for failing to sustain “proper channels of communication” with China and not living up to Britain’s responsibilities in Hong Kong. “It was in danger of operating a boycott of Hong Kong and the necessary communication that Britain needs to maintain with China,” the former…