Hangzhou’s “Six Little Dragons” and other mainland Chinese tech firms could leverage Hong Kong’s financing capabilities and international access to expand overseas amid the US-China trade war, observers have said. Chief Executive John Lee Ka-chiu met representatives from the six start-ups that upended the mainland’s tech scene on the second day of his visit to…
Hangzhou’s “Six Little Dragons” and other mainland Chinese tech firms could leverage Hong Kong’s financing capabilities and international access to expand overseas amid the US-China trade war, observers have said. Chief Executive John Lee Ka-chiu met representatives from the six start-ups that upended the mainland’s tech scene on the second day of his visit to…
United Nations: China savaged US trade practices as “bullying” and “blackmail” Wednesday in a fiery United Nations speech, accusations rejected by Washington, which leveled its own criticism at rival Beijing’s policies. “Unilateralism is on the rise, and bullying practices run rampant… blatantly challenging the international order underpinned by international law (and) threatening world peace and…
The escalating US-China trade tensions have prompted more European business chambers to seek collaboration opportunities in Qianhai, a special economic zone in Shenzhen near Hong Kong, according to a mainland-based incubator on Wednesday. Tech firms in Qianhai and Nansha, a district in southern Guangzhou, also said Hong Kong, as an international hub, now played a…
Washington: The Washington seems ready to blink first in the trade standoff with Beijing, as US President Donald Trump conceded that the 145 per cent tariffs Americans currently pay for most imported goods from China will “come down substantially, but it won’t be zero”. The American President insisted that he would be “very nice” with…
As US-China trade tensions heat up, a new wave of patriotic investing is sweeping across China. Spurred by former President Donald Trump‘s tariff threats, everyday citizens are entering the stock market—not for profit, but to show support for their country. From designers to teachers and traders, retail investors are pouring money into sectors tied to…
Air India Ltd is looking to take Boeing Co planes rejected by Chinese carriers, people familiar with the matter said, joining the ranks of Asian airlines vying to benefit from the trade war between Washington and Beijing. The Tata Group-owned carrier, which urgently needs aircraft to expedite its revival, plans to approach Boeing about acquiring…
Beijing: China has warned other countries against making a broader trade deal with the United States at Beijing’s expense, ratcheting up its rhetoric in a spiralling tariff war between the world’s two biggest economies. China’s warning came amid reports about the Trump administration’s plan to pressure nations seeking tariff negotiations from the US to curb…
Amid a tariff war with United States, China on Sunday, April 20, warned all countries against striking up broader business deals with America that undermine its interests. Chinese Commerce Ministry warned the world in a statement that Beijing will take “countermeasures in a resolute and reciprocal manner” if any deals with the US are made…
Hong Kong must transform itself from a transshipment port into a global supply chain services hub to navigate a raging US-China trade war while leveraging its position as an international shipping and trading centre, industry leaders have said. Kennedy Wong Ying-ho, honorary president of the Hong Kong Chinese Importers’ and Exporters’ Association, said on Thursday…