1 minute ago ‘Like a ghost town’: Hong Kong neighbourhood struggles to adjust after fatal fire

Hong Kong’s deadliest fire in decades has been put out, but the sight of the charred remains of Wang Fuk Court’s housing blocks still conjures up painful emotions and all too vivid memories for many people in the surrounding neighbourhood. The fire started on Wednesday last week, raging for 43 hours and engulfing seven of the estate’s eight towers before it was extinguished. At least 159 people died in the inferno. On Friday, residents from the nearby Kwong Fuk Estate public housing complex were...

Events

46 m. ago Reflections | In wake of Tai Po blaze, China’s long and difficult struggle fighting fire

Reflections | In wake of Tai Po blaze, China’s long and difficult struggle fighting fire  South China Morning Post

Events

6 h. ago China’s He Lifeng holds ‘constructive’ call with US officials Bessent, Greer

Top Chinese and US officials held a call on Friday to discuss trade, including ongoing efforts to implement an agreement to de-escalate their countries’ trade war. Chinese Vice-Premier He Lifeng had an “in-depth and constructive” video call with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer, China’s official Xinhua news agency reported. Both sides agreed to promote the stable development of bilateral trade and economic ties, and “expand the list for cooperation...

Politics

6 h. ago China’s VP has ‘constructive’ call with Trump officials Bessent and Greer

Beijing and Washington held a call on Friday to discuss bilateral trade and economic ties, as a variety of practical issues – from soybean orders to computer chips – remain problematic despite the trade truce in October. Chinese Vice-Premier He Lifeng’s video call with US Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer was part of a bilateral negotiation mechanism started this year to address issues between the world’s two largest economies. The two sides had...

Politics

6 h. ago The rise of the ‘cute’ economy marks a shift for Chinese industry

The rise of the ‘cute’ economy marks a shift for Chinese industry  Buenos Aires Herald

Politics

10 h. ago State of China’s Economy and the Road Ahead in the 15th Five

State of China’s Economy and the Road Ahead in the 15th Five-Year Plan (Beijing, In-person Only)  The US-China Business Council

Politics

11 h. ago As China defies US tech blockade, can local AI chipmakers capture Nvidia share?

With the technology race between the United States and China, the world’s two largest economies, intensifying even though a trade truce was reached in late October, analysts say the prospects of China achieving self-sufficiency in semiconductors and artificial intelligence (AI) are positive, despite American efforts to maintain leads in those fields. “If any country can do it [achieve self-sufficiency in semiconductors], it’s China, owing to its vast resources and pool of engineering talent,”...

Politics

13 h. ago China’s economic focus in 2026: what to expect as leaders prep for major meeting

As the Chinese leadership prepares to set the economic agenda for the year ahead, analysts expect Beijing to mostly maintain this year’s policy tone but say it could tolerate a slightly lower growth target. Chinese leaders will hold a closed-door meeting to discuss next year’s main policy goals during the central economic work conference, which usually takes place in early or mid-December. “To address the demand slump, we expect Beijing to maintain its proactive fiscal policy stance, with a...

Politics

14 h. ago Live: Macron calls for increasing pressure on Russian economy on last day of China visit

Live: Macron calls for increasing pressure on Russian economy on last day of China visit  France 24

Politics

15 h. ago From steel to space: China giant sells first 2 satellites in bold pivot

Jigang Group spent decades forging the metal for China’s infrastructure boom. Now, the former industrial titan is building hardware for the final frontier. The state-owned company, once one of the nation’s top steel producers, has secured orders for its first two satellites – an all-important step in its years-long transformation to capture demand in the country’s burgeoning commercial space industry. Reporting this week on the purchase, the Economic Observer said production was expected to...

Politics

17 h. ago China Winter Sports Consumption: Winter sports enthusiasts flock to the slopes as new ski season kicks off in Beijing

China Winter Sports Consumption: Winter sports enthusiasts flock to the slopes as new ski season kicks off in Beijing  news.cgtn.com

Politics

17 h. ago Bali mulls Airbnb ban to put a lid on revenue leak, overtourism

Bali is considering a ban on Airbnb’s accommodation, its latest attempt to impose order on a resort island struggling to cope with a record surge in tourism. Use of Airbnb-style rentals has exploded in recent years, eroding tax revenue from hotels even as foreign arrivals boom, Bali Governor I Wayan Koster told state news agency Antara. The proliferation of unregistered villas and guest houses in turn hampers the government’s ability to raise revenue to fund public services, he was quoted as...

Society

23 h. ago More military technologies targeted for civilian sector to boost economy

China will strengthen innovation by developing high-tech industries with military technologies to boost military-civil integration, a move that aims to cultivate new growth drivers and boost the economy, said a recent State Council guideline.

Events

23 h. ago Jack Ma Foundation pledges millions to boost rural education

The Jack Ma Foundation has pledged to spend at least 300 million yuan ($45 million) in the next decade to staff rural schools with qualified teachers.

Politics

24 h. ago Residents of Hong Kong estates told to suspend renovation work wonder what next

Hundreds of property owners in Hong Kong are grappling with uncertainties after 29 private buildings and estates were ordered to suspend renovation work carried out by a contractor linked to the deadly blaze at Wang Fuk Court and two other firms. Residents at three of the estates told the Post they had already spent millions of Hong Kong dollars on the projects and were now uncertain whether the work was proper or how long the delay would last, with some struggling to choose a new...

Economics

24 h. ago ‘I’m worried’: residents of Hong Kong estates in limbo after renovation suspended

Hundreds of property owners in Hong Kong are grappling with uncertainties after 29 private buildings and estates were ordered to suspend renovation work carried out by a contractor linked to the deadly blaze at Wang Fuk Court and two other firms. Residents at three of the estates told the Post they had already spent millions of Hong Kong dollars on the projects and were now uncertain whether the work was proper or how long the delay would last, with some struggling to choose a new...

Economics

25 h. ago End of an era: Japan’s Canon shuts China printer plant as local rivals rise

Japanese imaging technology giant Canon has shut down one of its major printer production facilities in mainland China, underscoring the growing clout of domestic brands in the country’s printing market. A visit on Thursday by the Post to Canon Zhongshan Business Machines, in Zhongshan city in the southern Guangdong province, revealed little activity. The car park was nearly empty, while a dozen employees strolled outside the office building. A worker said production had halted late last month,...

Politics

27 h. ago ‘Blue ocean market’: why Brazil is becoming a magnet for Chinese investment

With their domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. In early November, the chairman of one of China’s top construction machinery makers was spotted touring potential factory sites in Piracicaba, a city in...

Economics

27 h. ago Why China sees Brazil as ‘last untapped blue ocean market’ for investment boom

With their domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. In early November, the chairman of one of China’s top construction machinery makers was spotted touring potential factory sites in Piracicaba, a city in...

Economics

35 h. ago China’s Pork Prices Continue to Decline, Suggesting Sagging Consumer Confidence

China’s Pork Prices Continue to Decline, Suggesting Sagging Consumer Confidence  AgWeb

Politics