9 h. ago Hong Kong Urban Renewal Authority eyes Middle East, Europe investors for bonds

Hong Kong’s cash-strapped Urban Renewal Authority (URA) will issue another round of bonds this year and has reached out to investors in the Middle East and Europe, the body’s outgoing chief has revealed. Authority managing director Wai Chi-sing also said that two sites the government gave to the URA this month had strengthened its bargaining power in talks with investors, and that he believed there would be more similar land grants in the future. Wai, who leaves the statutory body on Saturday...

Economics

9 h. ago How China is driving a surge in shipping along Arctic sea routes

Chinese companies are showing growing interest in shipping goods to the West via the Northern Sea Route – an icy Arctic passage that opens up each summer – according to Rosatom, the Russian company that operates infrastructure along the route. The firm anticipates a significant uptick in voyages by Chinese companies along the NSR during the coming summer-autumn shipping season, and is adding more nuclear-powered icebreakers to its fleet to handle the growing traffic flow. Cargo traffic on the...

Politics

12 h. ago Hong Kong urged to turn Hung Hom waterfront into city’s answer to Cannes, Monaco

Hong Kong authorities have been urged to model the proposed Hung Hom waterfront project after Cannes and Monaco to help drive the city’s mega-event economy, as some town planning advisers have questioned plans for more commercial facilities amid a high vacancy rate. Members of the Town Planning Board raised their concerns at the statutory body’s meeting on Friday as the Development Bureau briefed advisers about its plan to turn 24 hectares (59 acres) in Hung Hom into a landmark waterfront...

Politics

13 h. ago In Hong Kong and globally, AI is not a job and wage killer, PwC says

Jobs requiring artificial intelligence (AI) skills are on the rise in Hong Kong as more businesses find practical use for the technology, but rather than replacing human ingenuity, AI is being combined with it to deliver productivity gains, according to PwC. The proportion of job postings in Hong Kong seeking AI skills rose to 1.9 per cent in 2024 from 1.6 per cent in 2021, according to the consultancy’s “Global AI Jobs Barometer” report published on Friday. In the information and communications...

Events

13 h. ago Despite U.S., China trade deal, tariffs keep economy in state of uncertainty

Despite U.S., China trade deal, tariffs keep economy in state of uncertainty  Axios

Economics

15 h. ago China is highly concerned Israel’s attacks on Iran; deeply worried about potential consequence: FM spokesperson

China is highly concerned Israel’s attacks on Iran; deeply worried about potential consequence: FM spokesperson  Global Times

Politics

15 h. ago China steps up global aviation expansion as Comac bids for Laos carrier

The Commercial Aircraft Corporation of China (Comac) has reportedly bid to take a majority stake in the flag carrier of Laos, as the state-owned Chinese aviation firm continues its push to expand its market in Southeast Asia. The deal – which is pending approval by the Lao authorities – would see Comac help Lao Airlines overhaul its operations and stem its losses in exchange for the carrier agreeing to use the Chinese company’s passenger jets, Vientiane Times quoted Prime Minister Sonexay...

Politics

15 h. ago JA Solar Engages with IFRS Foundation Beijing Office to Strengthen Global Sustainability Disclosure Practices

JA Solar Engages with IFRS Foundation Beijing Office to Strengthen Global Sustainability Disclosure Practices  SolarQuarter

Politics

16 h. ago Veteran lawyer Moses Cheng picked to steer Hong Kong’s maritime hub push

Top government adviser and veteran lawyer Moses Cheng Mo-chi has been appointed to steer a high-level body established to develop Hong Kong’s status as an international maritime hub. Cheng’s appointment as the board chairman of the Hong Kong Maritime and Port Development Board (HKMPDB) was announced on Friday. The 74-year-old is a senior consultant at a law firm and a member of the Executive Council, the city’s top decision-making body. Discussing the selection, Secretary for Transport and...

Politics

16 h. ago As Chinese exporters explore home market, how are letters of credit helping?

After the United States imposed so-called reciprocal tariffs on imports from China in April, Beijing took steps to help Chinese exporters sell their products domestically. In addition to the staging of product promotion events across the country and the offering of fiscal and financial incentives, Beijing also encouraged the increased use of letters of credit (L/Cs) to help such businesses switch focus to the domestic market. What is a domestic letter of credit? A letter of credit, also known as...

Politics

20 h. ago Chinese citizens in Iran, Israel need to prepare for attacks, embassies warn

The Chinese embassy in Israel warned its citizens on Friday morning to take safety precautions for potential attacks as Tehran considers a retaliation against Israeli strikes targeting its nuclear sites. The Israeli strikes were “significantly escalating the tensions” in the Middle East, the embassy said in a statement that urged Chinese citizens in Israel to closely monitor the evolving situation, remain calm, and stay vigilant. “Citizens are advised to prepare for potential attacks involving...

Events

20 h. ago China warns of fallout from Israel’s strikes on Iran, eyes role in easing crisis

Beijing has voiced “grave concern” over the potential fallout from Israeli strikes on Iran and urged all sides to prevent further escalation, while diplomatic observers highlighted China’s potential in coordinating with stakeholders and brokering a ceasefire. At a regular press briefing on Friday, foreign ministry spokesman Lin Jian said that China firmly opposed any violations of Iran’s sovereignty, security, and territorial integrity, as well as actions that “escalate the tension”. “The sudden...

Events

21 h. ago Taking lessons from Ukraine, Taiwan eyes sea drones to counter China

Taking lessons from Ukraine, Taiwan eyes sea drones to counter China  Reuters

Events

22 h. ago Hong Kong’s gig economy workers want industry regulated. Can city deliver?

Hong Kong food delivery rider John Lam* cannot afford to make a single mistake while working. The 40-year-old takes extreme care while delivering orders on his motorcycle, knowing that if he has a work-related accident he will receive few employment benefits and minimal compensation. “I understand that being highly responsive to my phone can lead to more orders. But for safety reasons, I only handle my phone when my vehicle has completely stopped,” said Lam, who delivers food for the city’s two...

Economics

22 h. ago China’s Economy Withstood Trade Chaos But Momentum Likely Slowed

China’s Economy Withstood Trade Chaos But Momentum Likely Slowed  Bloomberg

Events

23 h. ago China breaks records as global EV sales hit 7.2 million in 2025

China breaks records as global EV sales hit 7.2 million in 2025  Electrek

Economics

24 h. ago Moutai, China’s premier liquor brand, may find austerity rules hard to swallow

China’s premier liquor distiller Kweichow Moutai – a brand that had, over decades, become synonymous with sumptuous feasts – is heeding a renewed mandate for austerity from Beijing, distancing its products from the extravagant hard-drinking lifestyle with which it had been linked in the public consciousness. Management at the company, valued at 1.86 trillion yuan (US$258.73 billion), has pledged to comply with strictures stressing thrift – guidelines that have helped to remove Moutai’s expensive...

Politics

24 h. ago China’s top baijiu maker faces sobering reality as austerity trims profits

China’s premier liquor distiller Kweichow Moutai – a brand that had, over decades, become synonymous with sumptuous feasts – is heeding a renewed mandate for austerity from Beijing, distancing its products from the extravagant hard-drinking lifestyle with which it had been linked in the public consciousness. Management at the company, valued at 1.86 trillion yuan (US$258.73 billion), has pledged to comply with strictures stressing thrift – guidelines that have helped to remove Moutai’s expensive...

Politics

31 h. ago Is China eyeing New Hampshire’s water as part of a ‘soft power invasion’?

Is China eyeing New Hampshire’s water as part of a ‘soft power invasion’?  NewsNation

Events

32 h. ago World's first embodied intelligent robot 4S store set to open in Beijing E

World's first embodied intelligent robot 4S store set to open in Beijing E-Town in August  Global Times

Events