US President-elect – Charm

Xi Jinping warns ‘no winners’ in US trade war, vows China will protect its interests

Chinese President Xi Jinping has warned there will be no winner in a tariff or tech war between China and the US and vowed that Beijing would firmly safeguard its interests. The comments came after US president-elect Donald Trump told US broadcaster NBC on Friday that he and Xi “have been communicating with each other…

Lower land prices, civil service pay freeze among options to tackle Hong Kong deficit, experts say

Cs news1 week ago02 mins

The Hong Kong government could reduce land sale prices, improve the efficiency of 167,000 civil servants and temporarily freeze their pay as possible solutions to ease the HK$100 billion (HK$12.85 billion) deficit, experts have said, while admitting there are no simple solutions. A day after finance chief Paul Chan Mo-po projected the deficit would more…