67 m. ago Hong Kong can support taxi sector by using levies to create fund: Uber executive

Hong Kong’s taxi trade and ride-hailing services can work together on the same platform, Uber’s global head of public policy has said, while suggesting that authorities look at how other jurisdictions have adapted and used levies to set up a fund to support cabbies. In an interview with the Post, Andrew Byrne said that Hong Kong could learn from Australia’s use of a A$1.2 (78 US cents) levy, initially set at A$1, on ride-hailing and taxi services to compensate cabbies impacted by the...

Politics

94 m. ago US companies push for lower Vietnamese tariffs as China hedge

US companies push for lower Vietnamese tariffs as China hedge  Financial Times

Politics

1 hour ago China trade data for May misses expectations as export growth slows, imports dip

China’s export growth slowed last month amid lingering uncertainty over US tariffs, pointing to continued strain in the country’s manufacturing and trade sectors – and the slight uptick could also reflect front-loading by exporters anticipating future disruptions. China’s May exports were up by 4.8 per cent, year on year, to US$316.1 billion, customs data showed on Monday. The figure followed April’s 8.1 per cent growth and fell short of the estimate of a 6.28 per cent increase in a market...

Politics

3 h. ago China’s consumer prices fall for fourth month amid weak demand, trade tensions

China’s consumer prices declined for a fourth straight month in May, highlighting persistent deflationary pressures driven by sluggish demand and trade tensions with the United States, which are compounding inventory strains for manufacturers. The national consumer price index (CPI), a key gauge of inflation, fell 0.1 per cent year on year last month, according to data released by the National Bureau of Statistics on Monday. The figure beat market expectations after a poll by financial provider...

Events

4 h. ago Hong Kong’s stablecoin law opens floodgates for boom in digital assets: brokers

Hong Kong has surged ahead of its global rivals with its landmark stablecoin law, setting the stage for a boom in digital assets and an injection of fresh liquidity into the market, according to brokers. “We’re seeing a significant trend in investments related to stablecoins on our platform, which highlights the growing importance of this sector,” said Daniel Tse, managing director of Futu Securities International, Hong Kong’s largest online brokerage firm, in a written interview on...

Events

7 h. ago Kenneth Rogoff and Yu Yongding on Trump, the dollar and the rise of the yuan

Welcome to Open Dialogue, a new series from the Post where we bring together leading voices to discuss the stories and subjects occupying international headlines. In this inaugural edition, we invited prominent economists from both sides of the Pacific to reflect on the recent turmoil in global trade, the diminishing role of the US dollar and whether China’s yuan could – or should – take its place. Professor Kenneth Rogoff of Harvard University has repeatedly warned the US dollar is approaching...

Politics

7 h. ago Is the US dollar’s decline inevitable? Kenneth Rogoff and Yu Yongding weigh in

Welcome to Open Dialogue, a new series from the Post where we bring together leading voices to discuss the stories and subjects occupying international headlines. In this inaugural edition, we invited prominent economists from both sides of the Pacific to reflect on the recent turmoil in global trade, the diminishing role of the US dollar and whether China’s yuan could – or should – take its place. Professor Kenneth Rogoff of Harvard University has repeatedly warned the US dollar is approaching...

Politics

10 h. ago Why Kremlin and Beijing Are Courting New Delhi, And What Trump Has to Do With It

Why Kremlin and Beijing Are Courting New Delhi, And What Trump Has to Do With It  Times Now

Politics

16 h. ago Thanks to Trump, US threat of a ‘peaceful evolution’ recedes for China

As someone born in the 1960s in China, one of the earliest lessons our generation learned in school was to be vigilant about the perceived dangers of American conspiracies and attempts aimed at subverting and overthrowing the Communist Party through peaceful means. Through classroom teachings, propaganda films and slogans plastered prominently along the streets, we were repeatedly exposed to Chairman Mao Zedong’s warnings about the threat of “peaceful evolution”, encapsulated in his assertion...

Politics

16 h. ago Opinion | Thanks to Trump, US threat of a ‘peaceful evolution’ recedes for China

Opinion | Thanks to Trump, US threat of a ‘peaceful evolution’ recedes for China  South China Morning Post

Politics

18 h. ago American students in China face a barrage of questions about Trump

American students in China face a barrage of questions about Trump  The Washington Post

Politics

19 h. ago Better harbourfront access among Hong Kong urban renewal body’s plans for site

Hong Kong’s Urban Renewal Authority (URA) plans to improve pedestrian connectivity and public access to the harbourfront at one of two sites the cash-strapped body has been granted by the government to boost its finances. Authority managing director Wai Chi-sing revealed more details about the plot in To Kwa Wan in his blog on Sunday, two days after the self-financing statutory body was granted the site and another in Tseung Kwan O at a nominal land premium of HK$1,000 (US$127) for 50...

Politics

19 h. ago Hong Kong’s Paul Chan expects tourism sector to make robust recovery in 2025

Hong Kong’s finance chief expects the tourism sector to make a robust recovery this year, citing the 10 and 18 per cent year-on-year growth in the number of mainland Chinese and international visitor arrivals recorded in the first five months. Financial Secretary Paul Chan Mo-po also said he was confident the figures would continue to go up, partly thanks to a series of mega-events set to be held throughout the year. In his weekly blog on Sunday, he noted that the city recorded about 20 million...

Politics

22 h. ago Pakistan’s animal army marches to markets for haggling at annual festival

Once a year, Pakistanis mobilise for an operation that is akin to a major battle taking place in terms of scale and blood being spilled. Much is at stake – at least financially – as veritable four-legged armies numbering hundreds of thousands march on Pakistan’s population centres from farmsteads around the country. For the livestock farmers leading the sieges, the deals cut at pop-up markets for sacrificial bulls, goats and sheep – along with the occasional camel – on the Muslim festival of Eid...

Politics

22 h. ago Remains of China's former senior military official Xu Qiliang cremated

Remains of China's former senior military official Xu Qiliang cremated  Global Times

Events

23 h. ago China signals readiness on rare earth talks, approves more exports

China has approved some qualified rare earth export applications and is ready to deepen dialogue with nations over export controls, the Ministry of Commerce said as the strategic resource continued to take centre stage in Beijing’s trade negotiations with the United States. “We’ve observed growing global demand for medium and heavy rare earths in civilian sectors such as robotics and new energy vehicles, as these industries continue to expand,” the ministry said in a statement posted on its...

Politics

23 h. ago Labubu craze sweeps globe, highlights power China, Asia stars have on consumer trends

Asian and Chinese stars are rewriting the fashion industry playbook, turning niche favourites into global must-haves. The Post explores how celebrity choices shape style and consumption while reflecting the values of today’s fans. Lisa Labubu At 28, Lisa of the South Korean girl band Blackpink has more than 100 million social media followers and more than 1.9 billion online streams for her solo debut Lalisa. In April 2024, the Thai star posted photos with a Labubu plush toy and a matching...

Politics

23 h. ago Labubu craze sweeps globe, highlights power of China, Asia stars have on consumer trends

Asian and Chinese stars are rewriting the fashion industry playbook, turning niche favourites into global must-haves. The Post explores how celebrity choices shape style and consumption while reflecting the values of today’s fans. Lisa Labubu At 28, Lisa of the South Korean girl group Blackpink has more than 100 million social media followers and over 1.9 billion online streams for her solo debut, Lalisa. In April last year, the Thai star posted photos with a Labubu plush toy and a matching...

Politics

23 h. ago A star is born as Hong Kong pianist wins Van Cliburn competition

Hong Kong pianist Aristo Sham Ching-tao has won the 2025 edition of the prestigious Van Cliburn International Piano Competition, putting him on track for global stardom. Sham, 29, is the first pianist from Hong Kong to win the competition, held in Fort Worth in the US state of Texas. The announcement on June 7 of his victory followed two-and-a-half weeks of intense anticipation as music lovers around the world followed live streams of the contest’s four gruelling rounds, which began on May 21...

Events

26 h. ago Pay dads to parent? How China could fix birth rate crisis, according to new research

Subsidising men’s participation in household chores and childcare could help reverse declining global birth rates, according to a new study, offering a fresh approach to deepening demographic challenges in countries like China. The study, co-authored by researchers from Fudan University and the University of Hong Kong (HKU), argued that subsidies for fathers produce significantly higher long-term fertility gains than solely subsidising mothers. The findings came as the world’s second-largest...

Events