China warned the Trump administration on Tuesday (July 8) against reigniting trade tensions by reinstating tariffs on Chinese goods starting next month. The warning came in response to President Donald Trump’s move to notify trade partners of sharply higher tariffs set to begin August 1, unless new agreements are reached. In a strongly worded commentary…
Both transaction volume and home prices in Hong Kong’s secondary property market remain under pressure, as developers continue to launch new residential projects at low prices and homebuyers stay cautious amid uncertainties arising from US tariffs, market experts said. “The cluster of secondary residential projects that are being affected by the low pricing of new…
Both transaction volume and home prices in Hong Kong’s secondary property market remain under pressure, as developers continue to launch new residential projects at low prices and homebuyers stay cautious amid uncertainties arising from US tariffs, market experts said. “The cluster of secondary residential projects that are being affected by the low pricing of new…
Hong Kong leader John Lee Ka-chiu has said the city will proceed with filing a complaint about the US’ punitive tariffs to the World Trade Organization (WTO) despite the truce between Washington and Beijing. The city’s business sector is also gearing up to take advantage of the 90-day tariff suspension window to front-load their shipments…
Hong Kong lawmakers on Thursday unanimously passed a motion calling for unity in countering US tariffs, with some calling on tycoon Li Ka-shing’s CK Hutchison Holdings not to go ahead with selling its Panama ports. The motion, put forward by lawmaker Ma Fung-kwok, urged authorities and the city’s industries to “resolutely dovetail with our country’s…
Washington ended the “de minimis” exemption for mainland China and Hong Kong on Friday, which had allowed products valued at US$800 or below to be shipped to the United States duty-free. While there are indications Washington and Beijing are moving towards easing their tit-for-tat tariff war, businesses in Hong Kong and the mainland have already…