Hong Kong’s new global mediation centre can help resolve territorial or sovereignty disputes if participants are willing to come to the table, the city’s justice minister has said. Last month, Chinese Foreign Minister Wang Yi presided over a landmark signing ceremony for the establishment of the International Organisation for Mediation in the city. Thirty-three countries…
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…
Top Chinese diplomat Wang Yi arrived in Hong Kong on Thursday, a day before a signing ceremony for the establishment of an intergovernmental mediation body in the city. Wang arrived on board flight CX973 from Xiamen at 1.34pm, with Chief Executive John Lee Ka-chiu due to welcome him at a dinner in the evening, the…
The peaceful settlement of international disputes is a fundamental principle of international law and relations. Both the UN Charter (Article 33) and the Declaration on Principles of International Law concerning Friendly Relations and Cooperation among States adopted alongside in 1970 set out mediation as one of the means to settle international disputes. In the 2012…
Top Chinese diplomat Wang Yi will arrive in Hong Kong on Thursday afternoon and meet the city’s leader ahead of a ceremony for the establishment of an intergovernmental mediation organisation in the financial hub, the Post has learned. A source familiar with the itinerary said on Wednesday that Chief Executive John Lee Ka-chiu would greet…
Bogota has seen a 20-fold surge in the number of Chinese tourists, highlighting a growing connection between countries fuelled by expanding commercial relationships, the Colombian capital’s tourism chief has said at a Hong Kong industry summit. Speaking to the Post on the sidelines of the Fragrant Hills Tourism Summit in the city earlier this week,…
United States President Donald Trump on Wednesday paused steep tariffs on America’s trading partners barring China, instead imposing a blanket 10 percent tariff on goods imported from these nations and territories. The 90-day pause came within 24 hours of the duties taking effect. The pausing of most additional tariffs, which had roiled the stock market,…
On April 2, 2025, President Donald Trump declared a 10 percent tariff on all imports, effective on April 5, with additional country-specific tariffs set to commence on April 9. The announcement sent shockwaves through the global economy, triggering the worst two-day loss in United States stock market history. On Thursday and Friday alone, $6.6 trillion…
On Wednesday, United States President Donald Trump imposed sweeping reciprocal tariffs on the US’s trading partners. The day was termed “Liberation Day” by Trump, who signed an executive order imposing a flat 10 percent tariff on almost all nations and then additional tariffs on those countries that the US accuses of charging higher levies on…
Americans are making too many solo dinner reservations. That was one takeaway from the annual World Happiness Report, which was released on Thursday and showed that the United States had dipped to its lowest slot in the country rankings — 24th — after being ranked as high as 11th in 2012, the first year of…