China to lift tariffs for most of Africa starting in May

    China to lift tariffs for most of Africa starting in May

    Photo credit: breakbulk.news Chinese President Xi Jinping announced on Saturday, via state media, that Beijing will remove tariffs for all but one African country starting May 1. China already has a zero-tariff policy for imports from 33 African countries, but Beijing said last year it would extend the policy to all 53 of its diplomatic…

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    Financial Secretary Paul Chan Mo-po speaks at the World Economic Forum annual meeting in Davos, Switzerland, on January 21. Photo: Handout

      Opinion | Hong Kong’s budget should move the city towards ‘inspirational’ development

      At this time of year, Financial Secretary Paul Chan Mo-po’s top priority is finalising the Hong Kong government’s budget for 2026-27, balancing requests for incentives and welfare against calls for a return to fiscal prudence. For decades, budget speeches have followed a familiar structure: a review of past performance, near- and medium-term forecasts, support measures…

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