Trump calls tariffs America's "big power over China," but analysts say Beijing may be better prepared than ever to engage in a trade war with the U.S.
China has reported that its economy expanded at a 5% annual pace in 2024, slower than the year before but still hitting Beijing’s target of “around 5%” growth
China’s economy grew more than expected in the last three months of 2024, official data showed on Friday, as it awaits the likely imposition of fresh tariffs by US President-elect Donald Trump, who takes office next week.
Japan and Hong Kong stocks were set to open mixed Tuesday, with several Asia-Pacific markets closed for the Lunar New Year holiday. Japan's Nikkei 225 futures pointed to a lower open for the market. The futures contract in Chicago was at 39,150 and its counterpart in Osaka last traded at 39,050 compared to the index's previous close of 39,565.8.
The London Metal Exchange (LME) on Monday added Hong Kong as one of its global warehouse locations to meet growing demand for the physical exchange of metals between mainland China and the rest of the world,
Beijing hit its GDP growth target of 5 percent in 2024, according to its statistics bureau—but deflationary pressures remain.
To promote business collaboration and bilateral cooperation between the Hong Kong Special Administrative Region (HKSAR) and Indonesia, Mr Paul Chan, Financial Secretary of the HKSAR, visited Indonesia from January 8 – 10.
As many as 100,000 spectators expected for parade that starts at 8pm, as fans secure spots to see Thai boy band LYKN and K-pop group Kep1er.
Culture minister Rosanna Law enjoys Lam Tsuen wishing tree tradition on first day of Lunar New Year, as Airport Authority welcomes visitors.
Estée Lauder faced a challenging Q1’25 with a 4.5% revenue decline, mainly due to weak performance in China, global travel retail, and Hong Kong SAR. Read more here.
I recently had the privilege of speaking with Silas Chu about Hong Kong's evolution, trade fair initiatives, and growing global opportunities.
The uncertainty in China brings good opportunities, says the fund manager of Chinese Asset Manager Fullgoal. Stocks of securities brokers trade at attractive valuations.