Judicial review applicant Kwok Cheuk-kin argues the government has violated residents’ right to stand for election by requiring them to first receive nominations Democratic Party member Kwok says the new rule is in serious breach…
Monthly Archives For November 2023
China lent $1.34 trln in 2000-2021, focus shifts from Belt and Road to rescue finance-report
Chinese financial institutions lent $1.34 trillion to developing countries from 2000 to 2021, U.S. researchers at AidData said in a report that showed the world’s biggest bilateral lender switching from infrastructure to rescue lending.
China ‘world’s biggest debt collector’ as poorer nations struggle with its loans
Country, estimated to be owed up to $1.5trn, is increasing penalties for late payments and cutting back on infrastructure projects
WuXi Biologics’ medical research unit eyes up to $471 million in Hong Kong IPO
China-headquartered WuXi XDC, the contract medical researching unit of WuXi Biologics (Cayman), said on Tuesday it intends to raise up to HK$3.68 billion ($470.56 million) in one of Hong Kong’s top …
China has acquired a global network of strategically vital ports
But China has already secured a significant stake in a network of global ports that are central to world trade and freedom of navigation. Although the stated goal of the investments was commercial, the United…
Yellen to host China’s He Lifeng for ‘intensive diplomacy’ ahead of APEC
U.S. Treasury Secretary Janet Yellen will discuss economic partnerships with PRC Vice Premier He Lifeng in San Francisco this week.
China’s He Lifeng named to key post in Central Financial Commission
One of China’s vice premiers, He Lifeng, has been appointed head of the office of the Central Financial Commission (CFC) – which is responsible for running the day to day affairs of the new regulator…
China Vice-Premier He Lifeng to visit US this week as ties shine at Shanghai expo
The US Department of Agriculture unveiled its first pavilion at the China International Import Expo in Shanghai on Monday, with 17 exhibitors on show.
Survey of wealthy nations finds favorable views rising for U.S., declining for China
P ublic opinions in 24 countries — mostly rich nations — have grown more favorable of the United States than of China, according to the latest survey by the Washington-based Pew Research Center.
China’s durian demand sees Philippines score CIIE trade deal despite heated South China Sea dispute
China’s love for durian has skyrocketed in recent years, giving the world’s major producers in Southeast Asia a massive market to tap Agreement at China International Import Export will see more Philippine durians and papayas…
Ant Group gets green light from Beijing to release new AI products, built on its own large language model, to the public
The Chinese fintech giant said its Bailing large language model will also be used across its various operations to help the firm develop more innovative AI products.
China hasn’t been this scary for investors in 25 years
Direct investment liabilities include profits belonging to foreign companies that have not yet been repatriated or distributed to shareholders, as well as foreign investment in financial institutions, according to the government. China’s main measure …
Beijing Tries To Breathe New Life Into Its Belt And Road Initiative
Given the growing dissatisfaction among participants in China’s Belt and Road Initiative (BRI), Beijing had to feel pressure for some gesture at rejuvenation at this year’s summit. But while Chinese President Xi Jinping spoke glowingly…
