Hong Kong’s economy expanded by 4.3 per cent year on year in the second quarter of 2026, with the government expecting “solid growth” to continue for the remainder of the year. A government spokesman attributed the robust momentum to buoyant external trade and resilient domestic demand. “Looking ahead, the Hong Kong economy should continue to…
The US imposed a 12.5% tariff on Chinese goods, alleging China had failed to curb imports made with forced labour. (NurPhoto pic) BEIJING: China’s commerce ministry said on Monday that new US tariffs imposed on Chinese goods over alleged forced labour were unjustified and amounted to protectionism, and urged Washington to remove them. On Friday, the US imposed…
Hong Kong exports rose 53.4 per cent year on year in June, their sharpest increase in 42 years, to a record HK$641.1 billion on strong overseas demand for AI-related products. Provisional figures released by the Census and Statistics Department on Monday showed that the total value of exports climbed to HK$641.1 billion (US$81.7 billion) last…
BEIJING China‘s exports surged more than expected last month, with official data on July 14 showing that the global AI boom helped fuel demand for chips and computing equipment from the world’s second-largest economy. The figures came despite global trade disruptions caused by the U.S.-Israeli war on Iran, providing a much-needed boost to China, which is…
Shein’s platform exports exceeded US$14.5 billion in 2025. (Reuters pic) BEIJING: Fashion titan Shein has won approval from China’s market watchdog for its initial public offering application in Hong Kong, the China Securities Regulatory Commission (CSRC) said in a statement on Friday. Shein’s plan to sell up to 341.6 million shares and list on the…
China’s efforts to control capital outflows are colliding with growing demand from mainland investors for access to overseas stocks. The government has launched a sweeping crackdown on offshore trading platforms accused of helping investors bypass Beijing’s capital controls. The move has already rattled brokerages and investors, and could reshape how mainland Chinese access foreign markets….
Hong Kong’s exports rose nearly 36 per cent year on year in March – the sharpest rate in more than five years – backed by what authorities described as “strong global demand” for AI-related electronic products and outpacing last month’s growth despite trade disruptions. According to the Census and Statistics Department, the total value of…
Hong Kong’s heavy investment in public works will keep the capital account in deficit, highlighting the need for bond issuances to fund critical infrastructure and long-term development, the finance chief has said as he revealed the annual budget will be delivered on February 25. Financial Secretary Paul Chan Mo-po also said on Sunday that core…
In some of the darkest days in the political relationship between Australia and China, trade became a tool to inflict pain. The early 2020s trade war saw China slap higher tariffs on Australian wine and barley, impose biosecurity measures against beef and timber, and ban lobsters and even some coal. It took four long years…
China’s trade surplus has topped $US1 trillion ($1.5 trillion) for the first time as manufacturers seeking to avoid President Donald Trump’s tariffs shipped more to non-US markets, with exports to Europe, Australia and South-East Asia surging. Shipments to the United States dropped by close to one-third when comparing November data to the same month last…