3 d. ago India proposes reopening government bidding to Chinese firms as ties thaw

India plans to lift long-standing restrictions on Chinese companies bidding for government contracts, a move officials say is aimed at easing shortages and project delays as relations with Beijing show tentative signs of stabilising. The proposal, first reported by Reuters, would roll back curbs, imposed after the two countries’ deadly 2020 border clash in the Galwan Valley, that effectively shut Chinese firms out of a vast segment of India’s public procurement market. In October 2024, India and...

Politics

8 d. ago China cites Biden’s message to Xi that Japan could build nuclear weapons ‘overnight’

China released an official report on Thursday stating that Japan “may already have produced weapons-grade plutonium in secret” and “has the technological and economic capabilities to achieve nuclear armament in a short period of time”. The report assessing Japan’s nuclear threat cited former US president Joe Biden’s direct message to Chinese President Xi Jinping that Japan had the capacity to have nuclear weapons “virtually overnight”. Biden first disclosed the information in an interview with...

Events

9 d. ago Exclusive: India plans to scrap curbs on Chinese firms bidding for government contracts

Exclusive: India plans to scrap curbs on Chinese firms bidding for government contracts  Reuters

Politics

1 week ago Sanctioned Chen Zhi’s Hong Kong firms rocked by resignations and frozen assets

Recently sanctioned Chinese-Cambodian businessman Chen Zhi has been linked to a network of entities in Hong Kong, with the move triggering regulatory measures and prompting auditors and directors to quit his firms. Company documents reviewed by the Post reveal an interconnected group of firms sharing directors and addresses tied to Chen, luxury real estate and previously appointed international business figures, raising questions about the depth of his operations in Hong Kong and the potential...

Politics

2 w. ago China and US need new ways to engage in push for stable, cooperative ties, Wang Yi says

China’s top diplomat Wang Yi on Tuesday called for a new paradigm for engagement with the United States, emphasising the need for stable, cooperative ties while firmly defending what he described as China’s core interests, particularly regarding Taiwan. During a speech in Beijing, Foreign Minister Wang also accused Japanese Prime Minister Sanae Takaichi of “openly challenging” Chinese territorial sovereignty after she suggested last month that a potential Taiwan conflict could threaten Japan’s...

Politics

2 w. ago China and US need new ways to engage in push for stable ties, Wang Yi says

China’s top diplomat Wang Yi on Tuesday called for a new paradigm for engagement with the United States, emphasising the need for stable, cooperative ties while firmly defending what he described as China’s core interests, particularly Taiwan. During a speech in Beijing, the foreign minister also accused Japanese Prime Minister Sanae Takaichi of “openly challenging” Chinese territorial sovereignty after she suggested last month that a potential Taiwan conflict could threaten Japan’s...

Politics

2 w. ago New Hong Kong industrial park eyes edge in smart manufacturing, Chinese medicine

Hong Kong’s Hung Shui Kiu industrial park will leverage its location advantage to focus on advanced manufacturing, including proprietary Chinese medicine products, in a bid to differentiate itself from the San Tin Technopole, according to development authorities. While the government has yet to set key performance indicators (KPIs) for the company operating the park, a top development official said on Tuesday that the firm was expected to be financially independent and accountable to the...

Politics

3 w. ago Beijing ‘firmly opposes’ Japanese lawmakers’ trips to Taiwan as tensions spike

Beijing has lodged a protest with Tokyo over a series of visits to Taiwan by high-ranking officials from Japan’s ruling Liberal Democratic Party (LDP) amid a sharp downturn in bilateral relations. Koichi Hagiuda, an LDP lawmaker and the party’s executive acting secretary general, is on a three-day trip to Taiwan that will end on Tuesday. Hagiuda on Monday held a meeting with William Lai Ching-te, Taiwan’s leader. In total, about 30 Japanese lawmakers plan to visit the island between the end of...

Events