Hong Kong’s role as a facilitator could in turn invigorate its professional services industry, which already makes up more than a 10th of the city’s gross domestic product, says trade council.
Monthly Archives For August 2021
Countries condemn Beijing’s move to build pressure on Lithuania to cut ties with Taiwan
Taipei [Taiwan] August 29 (ANI): Chairman of the US Senate Foreign Relations Committee Bob Menendez along with a group of pro-Taiwan legislators from Europe strongly condemned China’s political, …
China cracks down on illegal online financial information accounts to ensure market stability
China is intensifying a crackdown campaign on problematic online social media accounts that illegally publish financial information and engage in fraud and other illegal activities, as authorities in …
China’s Huarong posts $24.5 mln first-half profit after annual loss
Huarong is one of the four state distressed debt managers and counts China’s finance ministry as its biggest shareholder. It had warned investors of a massive $16 billion in annual losses on Aug. 18, …
The Latest: Tehran thieves attack car, steal COVID-19 shots
TEHRAN, Iran — The police chief for Iran’s capital says a gang of thieves has robbed scores of COVID-19 vaccines after attacking a hired car carrying the doses, media reported. The robbery comes as …
China Curbs Steel Output, but Familiar Economic Pressures Test Its Mettle
China’s production of crude steel, half the world’s annual total, fell in July by the widest year-on-year margin since the 2008 global financial crisis. Early indicators suggest it might slip again …
China rejects US report on COVID originating in Wuhan lab
The Chinese Embassy in the US has voiced strong opposition to a newly released US intelligence report on the origins of COVID-19, which says natural exposure to an infected animal and a laboratory …
Beijing’s National Indoor Stadium seeking for nickname ahead of 2022 Winter Olympic Games
Beijing’s National Indoor Stadium on Friday announced that it was solicit suggestions from around the world to give it a nickname ahead of the 2022 Winter Olympic Games. According to the stadium’s …
Why I’m bailing out of China and heading into shipping
At what point do those who “know their own mind” turn into pig-headed fools? Put another way, when should we accept that we might be wrong?Such philosophical m …
SenseTime sees its smart-driving technology in 20 million vehicles by 2025 via tie-ups with Honda, Great Wall, Chery and others
China’s carmakers are rapidly closing the technology gap with global rivals, as every new model released is smarter, cleaner and packs more intelligent features than ever before.
China’s software sector registers stable growth in Jan.-July
(Xinhua/Tao Liang) BEIJING, Aug. 29 (Xinhua) — China’s software and information technology sector saw steady development in the first seven months of the year, with its operating revenue continuing …
Industrial Bank records 23.08 pct rise in net profits for H1
Industrial Bank Co Ltd one of the first batch of joint-stock commercial banks on the Chinese mainland saw its net profits up 2 …
Hong Kong finance chief says fresh strategies needed to cash in on China’s latest 5-year plan, with bond market first in line
Hong Kong needs fresh strategies in everything from asset management to renminbi promotion if it hopes to take advantage of the opportunities offered by Beijing’s latest five-year plan, the city’s …
