16 h. ago Hong Kong contractors rated poorly by homeowners face removal after Tai Po fire

Hong Kong authorities may remove building maintenance contractors from a government-recommended list if homeowners are dissatisfied with their performance, as part of measures to combat bid-rigging following the deadly Tai Po fire, the city’s No 2 official has said. Chief Secretary Eric Chan Kwok‑ki said on Saturday that the government aimed to improve the Urban Renewal Authority’s “Smart Tender” scheme by establishing a pre‑selected list of qualified contractors. The scheme provides support to...

Events

7 d. ago How China’s global investment model is changing – and what it means for the yuan

Foreign direct investment (FDI) has been a crucial pillar of China’s economy since it opened up, drawing in trillions and helping fuel its rise as the “world’s factory”. But outbound direct investment (ODI) has expanded rapidly over the past two decades, transforming the country into a major exporter of capital. Today, China’s outbound investments exceed inflows, and the country has consistently ranked among the top three global investors in recent years. In this explainer, the Post examines the...

Politics

8 d. ago China Consumer Market: Beijing broadens retail landscape with 'first

China Consumer Market: Beijing broadens retail landscape with 'first-store' economy  news.cgtn.com

Politics

9 d. ago Mainland Chinese medicine firms tap Hong Kong capital to fuel global expansion

Traditional Chinese medicine (TCM) manufacturers are gearing up to go public in Hong Kong, aiming to tap the market for international expansion. TCM firms have joined the queue for initial public offerings (IPOs) in the city to test foreign investors’ appetite for their shares. The latest to join the queue are Sichuan Neautus Traditional Chinese Medicine and Hong Kong-based Herb Standard. “Hong Kong will serve as our hub for capital, research and development, as well as international...

Politics

1 week ago Hong Kong police charge man with manslaughter after reclassifying drug death

Hong Kong police have charged a 36-year-old man with manslaughter after reclassifying a suspected drug-related death from last week as a more serious offence. A police spokesman said on Wednesday that officers had upgraded the case of a 24-year-old man found unconscious in a hotel room in Tsim Sha Tsui, charging the 36-year-old discovered in the corridor of the same hotel with manslaughter. “After police in-depth investigation, it was believed that the 36-year-old foreign man attempted suicide...

Events

1 week ago 2 owners of Hong Kong eatery arrested for hiring 5 illegal workers in food factory

Hong Kong immigration authorities have broken up an operation in which two local restaurant owners hired illegal foreign workers at their food factory to supply products to their eatery and culinary fairs in the city. Pau Hiu-fung from the Immigration Department’s foreign domestic helpers investigation section said on Tuesday that two owners of a local Southeast Asian restaurant and five illegal workers they hired were arrested last Saturday. “Our investigations show that the food produced by...

Events

1 week ago U.S. Congressional Report Maps a Broadening Repression in China

U.S. Congressional Report Maps a Broadening Repression in China  Bitter Winter

Politics

3 w. ago China sharpens sales pitch for overseas investment with new list of sought

China is taking steps to reshape the direction of its foreign investment, unveiling a revised catalogue of encouraged industries that steers overseas capital towards the advanced and technologically complex sectors Beijing’s policymakers view as future growth drivers. The revised catalogue, which takes effect in February 2026, covers 1,679 industries – 205 more than the current version, which was released in 2022. In a statement on Wednesday, the Ministry of Commerce said the changes are aimed...

Economics

3 w. ago China broadens foreign investment list in renewed pitch for overseas capital

China broadens foreign investment list in renewed pitch for overseas capital  South China Morning Post

Politics

3 w. ago China Rolls Out Revised Foreign Investment Catalog Targeting Advanced Manufacturing, Modern Services

China Rolls Out Revised Foreign Investment Catalog Targeting Advanced Manufacturing, Modern Services  Yicai Global

Economics

3 w. ago China Widens Foreign Investment Incentive List to Stem Falling Inflows

China Widens Foreign Investment Incentive List to Stem Falling Inflows  US News Money

Politics

last month China slams EU subsidy probes as ‘egregious’ and discriminatory

China’s Ministry of Commerce has expressed strong opposition to recent European Union investigations into Chinese companies and vowed to use necessary means to defend their rights. “The European Union has recently launched a series of Foreign Subsidies Regulation (FSR) investigations targeting Chinese enterprises such actions are egregious, with clear targeting and discriminatory intent,” ministry spokesman He Yadong said during a press conference on Thursday. Last week, Brussels launched an...

Events