The Hong Kong Post
-
Philippines warns clashes in South China Sea could spiral into war
The South China Sea, a hotbed of geopolitical tension, has witnessed a significant escalation recently. The Philippines’ President, Ferdinand Marcos Jr., has issued a stern warning to China, cautioning against any aggressive actions that could cross a critical “red line”. He emphasized that any harm inflicted on Filipino citizens due to China’s deliberate actions could…
-
The Sinister Web of Chinese Criminal Gangs: From Myanmar to UAE, Innocent Expats Fall Prey
In a chilling expose of transnational organized crime, the insidious operations of Chinese criminal gangs have been uncovered, stretching from the remote corners of Myanmar to the glittering cities of the United Arab Emirates (UAE). These nefarious networks have been preying on unsuspecting expats, luring them into a web of deceit, exploitation, and modern-day slavery.…
-
The desire by Chinese investors for offshore assets is driving wealth inflows into Hong Kong.
HONG KONG, June 17 (Reuters) – Hong Kong investment products such as insurance and high-yield time deposits are seeing resurgent demand from wealthy Chinese who are aiming to shield returns from a domestic economic and property sector downturn and also a weaker currency. The trend became evident last year but has accelerated in recent months…
-
European companies step up efforts to decouple from China
As Brussels intensifies its scrutiny of goods from China, the world’s largest export economy, European buyers are actively seeking to reduce their dependence on Chinese products. This trend is driven by investigations into Chinese government subsidies for manufacturing and potential tariffs on Chinese vehicle imports. European companies, unlike their U.S. counterparts, are focusing on reducing…
-
Chinese Yuan depreciated sharply, prompting an urgent repurchase by the Central Bank
The recent significant drop in the value of the Chinese Yuan has caught the attention of the global financial sector. The Yuan fell to a 16-year low of 7.32 against the dollar before bouncing back to 7.26. This depreciation, while advantageous for exporters by reducing the cost of their goods overseas, has ignited worries about…
-
Arriving in China for the first time, Fidan from Turkey will tour the Uyghur area.
Turkish Foreign Minister, Hakan Fidan, is expected to visit the cities of Urumqi and Kashgar in Xinjiang Uygur autonomous region where Muslims live, before wrapping up his trip on Wednesday, according to Turkish broadcaster, TRT. The Uyghur issue has been one of the critical factors in influencing China–Turkiye ties over the last few decades. Last year,…
-
Fidan, a Turkish national, lands in China on his first visit and will tour the Uyghur area
ANKARA — Turkish Foreign Minister Hakan Fidan arrived on Monday to China in the first such trip for Turkey’s top diplomat, which will also include travel to the Xinjiang Uyghur Autonomous Region. Fidan held his first meeting with Chen Wenqing, senior official of the Communist Party of China who oversees intelligence and police, as part of his…
-
US Senate panel expands investigation into BMW China components
The head of the US Senate Finance Committee has expanded an investigation of BMW after the car maker was found to have imported vehicles to America that contained banned Chinese parts. In a letter to BMW North America, Senator Ron Wyden, asked whether it had stopped importing components suspected of being made by people from…
-
US Prohibits Imports From Three Chinese Companies Due to Connections to Forced Labor
The Department of Homeland Security on Tuesday added three Chinese companies to a list of firms whose products can no longer be exported to the United States, as part of what it described as an escalating crackdown on companies that aid in forced labor programs in Xinjiang. The companies include a seafood processor, Shandong Meijia…
-
Conviction of 14 pro-democracy activists in one stroke yet another nail in the coffin of democracy in Hong Kong
In a move to quash political dissent in the former British colony of Hong Kong, the Chinese authorities have convicted 14 of the most prominent pro-democracy activists in a farcical trial before a Hong Kong court. These activists now face prison sentences, some possibly for as long as life. “The message from the authorities is…
Got any book recommendations?