29 h. ago Mozambique seeks US$1.4 billion debt relief from China after unrest hits economy

Mozambique seeks US$1.4 billion debt relief from China after unrest hits economy  South China Morning Post

Economics

3 d. ago Hong Kong tourists undeterred by prediction that quake will hit Japan on July 5

Hong Kong travel agencies have not recorded widespread cancellations of Japan-bound tour groups for the coming weekend, despite a manga artist’s widely discussed prediction that a mega-earthquake will hit the country on Saturday. But some business insiders suggested the number of tours this summer was expected to fall by half compared with last year. The Japan National Tourism Organisation reported that only 193,100 visitors from Hong Kong were recorded coming to the country in May, down by 11.2...

Events

1 week ago ‘Horror’ for Iranians in Hong Kong as Middle East conflict hits families

An Iranian resident in Hong Kong has described the past few days as a “horror” and a “nightmare”, as the latest escalation in the Middle East caused him to lose contact with loved ones due to failed internet connections and fear for their ability to get to safety. Behzad Mirzaei, who has lived in Hong Kong for three decades and is the founder of the local Persian Club, said the stress from worrying about his family and friends in Iran had caused him to lose sleep. “My mother is stuck there, my...

Events

1 week ago ‘Horror’: Iranian in Hong Kong describes trying to reach loved ones back home

An Iranian resident in Hong Kong has described the past few days as a “horror” and a “nightmare”, as the latest escalation in the Middle East caused him to lose contact with loved ones due to failed internet connections and fear for their ability to get to safety. Behzad Mirzaei, who has lived in Hong Kong for three decades and is the founder of the local Persian Club, said the stress from worrying about his family and friends in Iran had caused him to lose sleep. “My mother is stuck there, my...

Events

2 w. ago ‘It helps me survive’: inside the UK’s thriving Chinese gig economy

Mark Lin had always dreamed of a career in the arts. As he finished his fine arts degree at a top London university in 2020, he began applying for dozens of roles at galleries, agencies and dealers across the capital. But the British economy was still reeling after months of pandemic lockdowns, and Lin hit a brick wall. After weeks of effort, he had an inbox full of rejection emails but not a single callback – and he was rapidly running out of money. That is when Lin decided to take a leap of...

Events

2 w. ago How does Trump’s lack of trade deals strengthen Beijing’s hand?

The United States failed this week to reach a tariff deal with Japan, a key Pacific Rim ally, and has threatened to notify multiple countries of new duty rates on imports after talks with only one, the United Kingdom, have shown any results. Those developments, which made the US look weak in the short term, should prompt China to take a harder line with Washington on reaching a deal, analysts said. China, the world’s second-largest economy, was hit especially hard by US President Donald Trump on...

Politics

2 w. ago China warns of more floods as extreme storms hit world's No.2 economy

China warns of more floods as extreme storms hit world's No.2 economy  Reuters

Events