39 h. ago Microsoft to stop using engineers in China for tech support of US military, Hegseth orders review

Microsoft to stop using engineers in China for tech support of US military, Hegseth orders review  Reuters

Events

40 h. ago Microsoft stops relying on Chinese engineers for Pentagon cloud support

Microsoft stops relying on Chinese engineers for Pentagon cloud support  CNBC

Politics

41 h. ago Microsoft to stop using engineers in China for tech support of U.S. military after ProPublica report

Microsoft to stop using engineers in China for tech support of U.S. military after ProPublica report  Reuters

Events

2 w. ago China nears Airbus deal, famous Hong Kong restaurant chain closes: 7 highlights

We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Most Chinese exporters to stay in Vietnam after US tariff deal, analysts say Chinese manufacturers in Vietnam breathed a sigh of relief on Wednesday, after Washington and Hanoi agreed a “better than expected” trade deal that will...

Society

2 w. ago Alibaba seeks US$1.5 billion from exchangeable bonds for cloud, e

Alibaba Group Holding plans to raise HK$12 billion (US$1.5 billion) via exchangeable bonds to fund its cloud business and international e-commerce operations, the company said on Thursday. The bonds will not pay interest but will allow bondholders to exchange them for shares of its subsidiary, Alibaba Health Information Technology. “Alibaba Group intends to use the net proceeds from the bond offering for general corporate purposes, including investments to support the development of our cloud...

Economics

2 w. ago ‘Better than expected’: Chinese firms in Vietnam upbeat over US tariff deal

Chinese manufacturers in Vietnam breathed a sigh of relief on Wednesday, after Washington and Hanoi agreed a “better than expected” trade deal that will reduce US tariffs to 20 per cent and bring an end to three months of uncertainty. Most Chinese exporters are likely to continue operating in the Southeast Asian nation in the wake of the agreement, with firms viewing the final tariff rate as manageable, analysts and businesspeople in the country told the Post. US President Donald Trump announced...

Economics

2 w. ago Pentagon reliant on Chinese suppliers and ‘not prepared’ for war, report warns

The US defence industrial base remains dependent on Chinese suppliers despite efforts to decouple – and that raises concerns over war readiness, according to a report by data analytics firm Govini. Chinese firms still made up 9.3 per cent of the primary contractors, or Tier 1 suppliers, involved in major US defence programmes across nine critical sectors in 2024, Govini said in its annual National Security Scorecard. “The United States is not prepared for the war that we may have to enter if...

Events

3 w. ago Trump tariffs: Nike pledges to cut reliance on Chinese factories

Trump tariffs: Nike pledges to cut reliance on Chinese factories  BBC

Politics

4 w. ago Chinese religious groups warned of ‘hidden danger’ from foreign infiltration

The head of China’s United Front Work Department, the Communist Party body that oversees religious organisations, has warned faith groups to guard against “hidden dangers in the religious field and resolutely resist foreign infiltration”. Li Ganjie visited a number of religious organisations this week to deliver the warning, state news agency Xinhua reported. It follows a series of similar warnings by similar figures, including President Xi Jinping, who called for continued efforts to promote...

Events