Beijing’s point man on Hong Kong affairs urges tycoons to bid on long-term projects

Beijing’s point man on Hong Kong affairs urges tycoons to bid on long-term projects

Beijing’s point man on Hong Kong affairs has called on property tycoons to back the government’s long-term development drives such as the Northern Metropolis by actively bidding for the projects involved, the city’s development minister has said. Secretary for Development Bernadette Linn Hon-ho on Saturday revealed the appeals by Xia Baolong, director of the Hong…

Read More
Senior Beijing official calls for ‘concrete action’ as he meets Hong Kong tycoons

Senior Beijing official calls for ‘concrete action’ as he meets Hong Kong tycoons

Beijing’s point man on Hong Kong affairs has urged real estate tycoons and business leaders to “recognise their responsibilities” and take “concrete actions” to support the city’s economic development, the Post has learned. Even as he acknowledged them as a “major force” in the economy, Xia Baolong, director of the Hong Kong and Macau Affairs…

Read More
Report finds China targeted AstraZeneca in fraud probe over cancer treatment

Report finds China targeted AstraZeneca in fraud probe over cancer treatment

Pharmaceutical giant AstraZeneca, whose China president is under investigation, was previously investigated for medical insurance fraud cases involving cancer medication sales, according to new Chinese media reports. The news comes after the British-Swedish company announced on its official website last week that its China chief Leon Wang was cooperating “with an ongoing investigation”, and its…

Read More
China says military plane entered Japan’s airspace because of ‘unexpected obstruction’

China says military plane entered Japan’s airspace because of ‘unexpected obstruction’

Beijing has attributed an incursion by a Chinese military aircraft into Japan’s airspace in late August to an unspecified “unexpected obstruction”, Japanese news agency Kyodo reported on the weekend, citing diplomatic sources. The explanation comes amid plans on both sides for an imminent meeting between Chinese President Xi Jinping and Japanese Prime Minister Shigeru Ishiba,…

Read More
What do Beijing official Xia Baolong’s Jardine Matheson, HSBC meetings mean for Hong Kong?

What do Beijing official Xia Baolong’s Jardine Matheson, HSBC meetings mean for Hong Kong?

Meetings between Beijing’s top official in charge of Hong Kong affairs and two major British companies reflect the nation’s commitment to reinforcing the city’s status as an international finance centre and also serve as a warning to the US, business and political experts have said. They voiced their opinion on the significance of the meetings…

Read More