Finance ministers from developed Western economies would “be happy” to have Hong Kong’s level of deficits and reserves, economic experts have said, stressing that the city remains robust financially while having more room for bond issuances. The economists were speaking at a panel discussion on Monday at the Redefining Hong Kong Series 2025: Budget Edition…
Argentine President Javier Milei, who harshly criticised China during his election campaign, has announced plans to visit Beijing in January 2025, signalling a potential shift in his approach to the Asian superpower. In a television interview this week, Milei described China as a “very interesting commercial partner” and said he was “positively surprised by China”…
China is revising its belt and road playbook in Africa, as it moves its investment focus to agriculture, manufacturing, industrialisation and green energy, including critical metals. The shift is part of Beijing’s pivot towards “small but beautiful” projects in its African investment strategy. But while this could see fewer mega projects financed directly through Chinese…