Latest news


China’s toy exports in high demand during coronavirus lockdowns, especially in the United States
Fri, 09 Apr 2021 20:30

China’s toy sector is booming, and the United States remains the top destination for those toys despite the impact of the coronavirus and protracted bilateral tensions between the world’s two largest economies....

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Global corporate tax plan gains momentum as nations seek post-pandemic windfall, but will poor countries lose out?
Sat, 10 Apr 2021 00:30

Economic crises often spur breakthroughs, and this may again prove to be the case as a long-delayed plan to overhaul global corporate taxes gains momentum.Group...

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US-China tech war: Washington intensifies pressure on Beijing in proposed new policy of ‘strategic competition’
Sat, 10 Apr 2021 06:00

The US Senate’s new legislation, the Strategic Competition Act of 2021, lays out a wide-ranging strategy for the first time to contain China’s global expans...

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Beijing orders five Chinese cities including Guangzhou, Dongguan to rein in their runaway house prices
Sat, 10 Apr 2021 10:00

China’s central government has told the leaders of five cities to rein in their overheated residential property markets in a move analysts believe signals Bei...

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Chinese steel production powers ahead despite curbs in industry’s heartland
Sat, 10 Apr 2021 21:10

Steel production in China has continued to charge forward despite curbs on production in Tangshan, the country’s largest producer.The increase underlines the ...

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China’s central bank should be more like the Fed, top researcher says
Sun, 11 Apr 2021 21:00

China should reduce its reliance on local government debt to finance economic growth and instead adopt an aggressive monetary policy like that of the US to boos...

44
American Rescue Plan: US stimulus seen widening trade deficit that sparked Trump’s trade war with China
Mon, 12 Apr 2021 06:00

The US$1.9 trillion American Rescue Plan is poised to attract more Chinese imports, and analysts expect it to widen the United States’ contentious trade defic...

42
China digital currency: Biden administration steps up scrutiny of e-yuan over potential threat to US dollar dominance
Mon, 12 Apr 2021 10:45

The Biden administration is stepping up scrutiny of China’s plans for a digital yuan, with some officials concerned the move could kick off a long-term bid to...

129
China’s post-coronavirus consumer spending ‘not enough’ to drive growth, says prominent economist
Mon, 12 Apr 2021 13:39

China should accelerate infrastructure investment this year as consumption is not at a high enough level to drive growth, a prominent Chinese economist said on ...

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China GDP: ‘new uncertainties’ ahead for economy, Premier Li Keqiang warns, even with double-digit growth expected
Mon, 12 Apr 2021 18:30

China’s unbalanced economic recovery faces “new uncertainties”, warned Premier Li Keqiang, even with its growth in the first quarter predicted to hit an e...

31
China population: census results to confirm a worrying demographic picture
Mon, 12 Apr 2021 19:00

The results from China’s once-a-decade census are set to confirm the worrying picture of a rapidly ageing society, shrinking labour force and an insufficient ...

131
China economy: bank loans hit record high in first quarter as authorities balance growth and debt risk
Mon, 12 Apr 2021 20:30

China’s central bank kept an accommodative policy stance in the first quarter of the year, with lending hitting a record high of 7.67 trillion yuan (US$1.17 t...

11
China trade: imports, exports set to have stayed ‘solid’ in March
Mon, 12 Apr 2021 22:00

Improved global demand and a favourable base effect are likely to have kept China’s exports buoyant in March, while higher oil prices will have boosted its im...

17
US-China relations: Treasury Secretary Janet Yellen plans to spare China from currency manipulator label
Tue, 13 Apr 2021 09:46

US Treasury Secretary Janet Yellen will decline to name China as a currency manipulator in her first semi-annual foreign exchange report, according to people fa...

7
China trade: rebound continues as imports surge 38.1 per cent in March, exports up 30.6 per cent
Tue, 13 Apr 2021 11:14

China’s imports and exports continued their strong rebound in March, data released on Tuesday showed. Exports grew by 30.6 per cent last month from a year ear...

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China digital currency: Shanghai, Hainan among regions added to e-yuan trials
Tue, 13 Apr 2021 18:30

China has added six more regions to its pilot programme for the sovereign digital yuan, expanding the scope of testing as the country inches closer to launching...

52
China’s imports from US set record in first quarter, but their trade imbalance grows on strong Chinese exports
Tue, 13 Apr 2021 21:00

Against the backdrop of a transpacific rivalry and amid uncertainties surrounding the coronavirus, China’s imports are on the rise, with its purchases from th...

54
China, Australia could feel impact as New Zealand halts livestock exports by sea over animal welfare concerns
Wed, 14 Apr 2021 12:31

New Zealand said on Wednesday it will stop the export of livestock by sea following a transition period of up to two years, citing animal welfare concerns for a...

63
Macau to ‘study feasibility’ of digital currency in potential threat to casinos in world’s biggest gambling hub
Wed, 14 Apr 2021 15:30

Macau has moved a step closer to the potential introduction of a digital currency as it seeks to better combat money laundering and tax evasion in the world’s...

24
China debt: local government spending under microscope to protect national economy from ‘systemic risk’
Wed, 14 Apr 2021 17:42

The Chinese leadership regards the prevention of implicit local government debt risks as an “important political discipline and rule”, implying that there a...

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US-China relations: Premier Li Keqiang tells American firms there is room for cooperation, despite frosty diplomatic ties

China has assured American multinationals at two separate high-level m...

Wed, 14 Apr 2021 20:00
China ‘central’ to WTO reform, global trade chief Ngozi Okonjo-Iweala says

World trade chief Ngozi Okonjo-Iweala says she has been “heartened...

Wed, 21 Apr 2021 00:00
China’s digital currency won’t topple US dollar ‘so easily’, senior Bank of Japan official says

A senior Bank of Japan (BOJ) official downplayed the potential for Chi...

Fri, 16 Apr 2021 11:01
Hongkongers flock to support AbouThai retail chain raided by customs officers over mislabelled goods

Hundreds of shoppers have flocked to support a pro-democracy Hong Kong...

Sun, 11 Apr 2021 20:03
Coronavirus: Hong Kong jobless rate drops to 6.8 per cent but still hovering near 17-year high

Hong Kong’s unemployment rate dropped to 6.8 per cent in the first q...

Thu, 22 Apr 2021 16:43
China GDP: ‘new uncertainties’ ahead for economy, Premier Li Keqiang warns, even with double-digit growth expected

China’s unbalanced economic recovery faces “new uncertainties”, ...

Mon, 12 Apr 2021 18:30
Hong Kong graduates will enter anaemic job market this year, statistics suggest

Hong Kong’s class of 2021 will graduate this summer amid a relativel...

Sat, 10 Apr 2021 17:00
China plays down concerns of excess foreign debt amid US Federal Reserve monetary easing

China has not accumulated excessive foreign debt amid US Federal Reser...

Fri, 23 Apr 2021 14:36
Struggling Hong Kong malls roll out attractions such as Cupnoodles Museum, Lego playground in bid to lure families back amid pandemic

Hong Kong’s shopping malls are upping their family entertainment off...

Tue, 20 Apr 2021 07:30
China seen bailing out biggest bad-debt manager while teaching investors a ‘hard’ lesson as contagion effects linger

Chinese economic policymakers are caught between a rock and a hard pla...

Wed, 21 Apr 2021 18:30
Coronavirus: Hong Kong to offer tourism staff workers about 2,000 jobs at vaccination centres

Hong Kong’s tourism workforce will be thrown a lifeline with officia...

Mon, 29 Mar 2021 15:43
Coronavirus: Hong Kong social-distancing rules will ease on Thursday under ‘vaccine bubble’, subject to staff and customers getting jabs

Hong Kong will ease social-distancing restrictions for food and drink ...

Tue, 27 Apr 2021 15:00
China’s central bank should be more like the Fed, top researcher says

China should reduce its reliance on local government debt to finance e...

Sun, 11 Apr 2021 21:00
Hong Kong’s Octopus to launch payment card for mainland Chinese public transport as pressure from Alipay, WeChat Pay mounts at home

Octopus Holdings, Hong Kong’s home-grown cashless payment operator, ...

Sun, 18 Apr 2021 20:27
China pork imports hit all-time high over supply concerns as US soybean imports surge 320 per cent

China’s pork imports jumped to an all-time high in March on supply c...

Tue, 20 Apr 2021 14:18
Hongkong Land aims to lure young generation of bankers back to Central with ‘Instagram upgrade’ of office buildings

Hongkong Land Holdings, owner of The Landmark and The Exchange Square ...

Wed, 14 Apr 2021 08:30
US urged to join mega APAC trade deal by China’s former chief trade negotiator

The United States should rejoin the Comprehensive and Progressive Tran...

Mon, 19 Apr 2021 21:30
New home prices in China’s big cities lose momentum as cooling measures bite, paving way for tougher restrictions in smaller ones

The growth of new home prices in China’s biggest cities slowed amid ...

Fri, 16 Apr 2021 19:29
Citigroup to hire up to 500 people for Hong Kong wealth management as it trims consumer banking in 13 Europe, Asia markets

Citigroup plans to hire up to 500 people in its wealth management busi...

Fri, 16 Apr 2021 12:16
Tycoon Michael Kadoorie reaffirms confidence in Hong Kong, calls for dialogue between leaders and young people

Two years after Hong Kong was shaken by political turmoil, influential...

Mon, 26 Apr 2021 07:00