Congress should repeal China’s preferential trade status, a top US advisory panel on China said on Tuesday, the first time the body has explicitly called for an end to the policy that has been a cornerstone of China’s economic rise. Permanent normal trade relations (PNTR) status “allows China to benefit from the same trade terms…
Several world leaders at the G20 summit in Rio de Janeiro seized the opportunity to meet with Chinese President Xi Jinping, who returned to the global stage after skipping last year’s gathering in India. Before attending the group’s scheduled meetings at the Museum of Modern Art in Rio de Janeiro, Xi held bilateral talks with…
“Hongkong may be able to see the Apollo 12 astronauts in action ‘live’ from the moon in November on television direct from the United States through the satellite station in Stanley,” reported the South China Morning Post on July 24, 1969. “The station is scheduled to open in September. The project leader of the station,…
Eat this Fukuro Meets Supun Chef Kazunari Araki of Fukuro. Photo: Fukuro Chef Kazunari Araki of Hong Kong’s Fukuro and chefs Luca Rossi and Nardino Aufiero and sake sommelier Bruna Sotriffer from Ibiza’s Supun have teamed up for a one-night, eight-course menu blending Japanese and Mediterranean flavours this Thursday. Priced at HK$788 per person, the…
Hong Kong’s investment promotion agency has launched a charm offensive tour to Europe, with the aim of attracting high-net-worth individuals to set up family offices in the city. A top InvestHK official, Charles Ng Siong-kwong, set off on Sunday and will visit various major European cities over the coming week, including London, Milan, Lugano and…
For years, Lithuania has been one of Beijing’s most vociferous critics in Europe as it sought to build close ties with Taiwan. But with a new government in the offing, there are signs that the Baltic state might be looking to mend ties with the world’s second largest economy – even if observers believe the…
China’s US$376 billion electric vehicle (EV) market is attracting new entrants from an array of investors, including a maker of vacuum cleaners and hair dryers. In an industry ridden with losses and failures, that optimism is intriguing. Dreame, whose products compete with foreign brands like Dyson and Philips, has recruited a team to develop and…
More than 100 of the world’s wealthiest business owners gathered in Hong Kong this weekend, as the city stepped up its appeal to be the Asia-Pacific region’s wealth management and family office hub. Business owners from the US, Europe, the Middle East, Southeast Asia and mainland China joined their Hong Kong counterparts at the principals-only…
The suspect in Monday night’s deadly car attack in Zhuhai is the owner of a construction materials store, according to registration information obtained by the South China Morning Post. In all, 35 people were killed and 43 others injured in what police in the southern Chinese city labelled as a “major malicious case”. The suspect…
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