But, asked whether the US businesspeople and politicians he met had expressed concern, Chan said “no one was concerned about national security” and their focus was very much on “business-related issues”. “In fact, the concern and interests of the business sector here are about the stability of Hong Kong, the overall business environment, the impact
On April 23-24, 42 diplomats from 29 embassies, including 20 African ambassadors in China, met at a retreat in Beijing to work on setting the FOCAC agenda. The retreat was jointly organised by Beijing-based consultancy Development Reimagined and the African Union representative office in China. Attendees went over commitments that were made at the last
STORY: China is taking bold new action in a bid to revive its ailing property sector. Beijing said Friday (May 17) that local governments would buy up some unsold apartments. Officials also promised forceful efforts to deliver unfinished homes. The move comes after years of turmoil in the sector. It all began in 2021, when
Amazon.com plans to spend US$9 billion to expand its cloud computing infrastructure in Singapore, the latest global technology company to boost investment in Southeast Asia. The outlay, to be done over the next four years, doubles the investment of subsidiary Amazon Web Services (AWS) in Singapore and helps it meet growing customer demand for cloud
Shenzhen, China’s technology hub, said it has lowered the thresholds for the personal income tax and social insurance payments of non-local individuals and families seeking to buy a property in certain districts, while allowing local families with two or more young children to buy additional homes in those areas. The city lowered its down-payment requirements
Huawei Technologies Co., the Chinese telecommunications giant blacklisted by the U.S., is secretly funding cutting-edge research at American universities including Harvard through an independent Washington-based foundation. Huawei is the sole funder of a research competition that has awarded millions of dollars since its inception in 2022 and attracted hundreds of proposals from scientists around the