Queen Elizabeth II beams down in a striking 2014 photograph by David Bailey from one side of Edwin Lutyens’s perfectly proportioned ballroom in the newly refurbished British embassy in Washington DC. Directly opposite, a 1590 portrait of Elizabeth I stares back enigmatically. The most arresting feature, however, is also the most daring. Near the entrance…
China is making progress in unifying the country’s scattered data centres into a nationwide computing network to drive artificial intelligence applications, according to the data centre builders. China’s Open Data Centre Committee (ODCC), an organisation representing the country’s key AI infrastructure investors such as Alibaba Group Holding and China Telecom, hosted a three-day conference this…
[The content of this article has been produced by our advertising partner.] “Dim sum” bonds, offshore renminbi debt issued mostly in Hong Kong, are headed for a record year. Offshore issuance has already reached about Rmb475bn in 2025 to end-August, propelled by cheaper onshore rates and a broader base of issuers and buyers, according to…
Global financial investors are pouring into Hong Kong in a low profile way to stay under the radar and avoid undue attention because of rising geopolitical tension, said the head of the city’s de facto sovereign wealth fund. “We see a great velocity of [capital] flow, although in a very low profile way,” said Clara…
Beijing reiterated its pledge to create a “single free-trade zone” incorporating mainland China, Hong Kong and Macau on Wednesday, as it seeks to deepen economic ties with the two special administrative regions (SARs) amid ongoing trade tensions with the US. The Ministry of Commerce would “explore and promote” the establishment of a unified free-trade area…
China’s embassy in the United States has warned against a new round of “media warfare” as Washington moves to cut the duration of visas for Chinese journalists. “We do not want to see a new round of ‘media warfare’ between the two countries and urge the US to refrain from taking this erroneous move,” embassy…
Today’s ESG Updates Trump Pressures EU on Tariffs to Squeeze Russia: Trump urged the EU to impose tariffs on China and India to economically weaken Russia. Von der Leyen to Set EU Agenda Amid Trade Deal Criticism: The EU Commission President will outline priorities after backlash over a U.S.-EU trade deal criticized. Hybrid Cars Fail…
The China-US AI gap has narrowed to around three months from more than a year, thanks in part to the influx of AI talent, fast technology iteration and a boom in AI applications on the mainland, said Tony Zhang, head of China technology research at CLSA, in a media briefing on Tuesday. While Chinese companies…
The Brics emergency summit at which Chinese President Xi Jinping delivered a speech was convened by Brazil to coordinate resistance to growing pressures from US President Donald Trump’s trade war. It did not turn into a forum for an open clash with the United States, as anticipated by some. But it would be a mistake…
US President Donald Trump has urged the European Union to impose 100% tariffs on China and India as a strategy to pressure Russian President Vladimir Putin, the Financial Times reported on Tuesday. The president made the demand after dialing into a high-level meeting between senior US and EU officials in Washington, where both sides were…