Hong Kong facing ‘challenges’ of rising unilateralism, Beijing official warns

Hong Kong facing ‘challenges’ of rising unilateralism, Beijing official warns

The rise of unilateralism and protectionism poses “a certain amount of challenges” to Hong Kong’s development, Beijing’s top envoy in the city has said, while urging youngsters to embrace patriotism. Cui Jianchun, the commissioner of the Chinese foreign ministry’s office in Hong Kong, said on Saturday that some “large countries” were obsessed with putting themselves…

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Chinese Premier reacts to Donald Trump's 104% tariffs: ‘Beijing is equipped to…’

Chinese Premier reacts to Donald Trump’s 104% tariffs: ‘Beijing is equipped to…’

Chinese Premier Li Qiang said his country has ample policy tools to “fully offset” any negative external shocks as President Donald Trump imposed an astounding 104% in tariffs across all Chinese imports on Wednesday, reported Bloomberg. China’s Premier Li Qiang delivers speech during an event in Beijing.(AP file) Li Qiang reiterated his optimism about the…

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‘Trump burned it all down’: economists rip into US tariffs, warn of more inflation

‘Trump burned it all down’: economists rip into US tariffs, warn of more inflation

A wide range of economists are voicing alarm over President Donald Trump’s steep tariffs on imports into the United States, sparking a trade war that experts say could tip many countries into recession. Here are comments by some leading economists: For Thomas Piketty, French author of the bestselling Capital in the Twenty-First Century, “Trumpism is…

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