China will stage a military parade to commemorate the end of World War II – the second time it has held the event – as conflicts rage around the world, including the latest between Iran and Israel. It will be held in Tiananmen Square in Beijing on September 3, a decade after the People’s Liberation…
Challenges and volatility will persist despite a renewed trade truce between the US and China, Hong Kong’s finance chief has warned, as he outlined his strategy to enable the city to navigate continued geopolitical uncertainties. In a media interview last Friday, Financial Secretary Paul Chan Mo-po also revealed his goal for the city to overtake…
Western and other developed countries are welcome to use services offered by Hong Kong’s newly established global mediation centre, a senior official has said, dismissing concerns over the institute’s founding members being primarily developing nations. Deputy Secretary for Justice Horace Cheung Kwok-kwan on Saturday also addressed the possible direct competition with other dispute resolution hubs,…
The new International Organisation for Mediation launched in Hong Kong will be an efficient, fair and credible mechanism for dispute resolution and attract investors from the Global South as the world economy shifts towards these developing countries, the city’s finance minister has said. Financial Secretary Paul Chan Mo-po said on Sunday that the inauguration of…
A newly established international mediation body headquartered in Hong Kong can fill a gap in existing global dispute resolution systems, the city’s justice minister has said, as he stressed the importance of institutional support. Secretary for Justice Paul Lam Ting-kwok said on Friday that Hong Kong’s advantages under the “one country, two systems” governing principle…
HONG KONG, May 20, 2025 /PRNewswire/ — Today marked the opening of the 2025 edition of Global Prosperity Summit (GPS2025), Hong Kong’s first-ever conference designed to address the most important geopolitical issues facing the world. Following the success of last year’s inaugural event, GPS2025 is reinforcing the city’s position as a super-connector by bringing together…
President Xi Jinping urged China to focus on technological self-reliance and closer ties with the Global South as he visited Shanghai on Tuesday – his first inspection trip since sweeping US tariffs prompted an escalation of the US-China trade war. The selection of the financial and industrial powerhouse as his first stop highlights China’s determination…
China will mobilise the country’s resources to spur advances in the theory and core technologies of artificial intelligence, President Xi Jinping has told the Communist Party’s inner circle. Addressing a Politburo study session on Friday, Xi said China would leverage its “new whole national system” to target bottlenecks such as high-end chips, state media reported…
The United States has been warned to stop being “complacent” and engage with the Global South to consolidate its foothold in its escalating technological competition with China. Developing countries were expected to play an “increasingly critical” role in advanced technology over the coming decades, and their ties with China would probably strengthen, according to the…
US President Donald Trump’s senseless trade war has sparked a sell-off that wiped trillions of dollars off global bourses and led to concern the global economy would tip into recession. Mainland China and Hong Kong stock markets have received welcome support from Beijing’s sovereign wealth fund to soothe rattled investors who saw their net worth…