Defense ministry responds to international concerns China’s Ministry of National Defense has defended recent military drills conducted around Taiwan, describing them as fully justified and necessary in the face of what it calls separatist activity and external interference. The response came after several
The Chinese mainland will continue promoting the peaceful development of cross-Strait relations while advancing national reunification, according to a New Year message delivered by a senior official responsible for Taiwan affairs. The statement signals policy continuity as Beijing enters 2026, reaffirming long standing
Address highlights confidence and continuity Chinese President Xi Jinping’s 2026 New Year message has drawn widespread attention both inside China and internationally, with scholars and analysts describing the speech as inspiring and confident in tone. Rather than offering a routine review of past
Diplomatic engagements cluster at a sensitive moment US President Donald Trump held a high level meeting with the United States’ ambassador to China, David Perdue, at his Mar a Lago estate in Florida, closing a day marked by intensive diplomatic engagement in the
Price increase signals renewed confidence Hong Kong’s largest property developer, Sun Hung Kai Properties, has nudged up prices on the latest batch of flats at its sprawling Sierra Sea residential project, signalling improving confidence in the city’s housing market. The developer priced the
A creative response to return culture An online clothing seller in eastern China has gone viral after transforming ordinary household items into clothing tags, a move that has not only reduced returns but also significantly boosted sales. The businessman, surnamed Wang, operates from
Survey highlights pace of wealth accumulation Hong Kong’s affluent residents are reaching multimillionaire status at a relatively young age, underscoring the city’s strong wealth building ecosystem despite economic uncertainty. According to a new survey by HSBC, individuals classified as affluent typically accumulate at
Falling foot traffic exposes fragile margins Across mainland China, small restaurants are facing mounting pressure as consumers cut back on discretionary spending. Budget conscious households, unsettled by uncertainty around income and job security, are dining out less frequently, squeezing establishments that rely on
Expectations build around a new phase of US rate cuts Hong Kong’s interbank rates are widely expected to move lower in 2026 as the United States enters a new phase of monetary easing. Analysts believe the US Federal Reserve, under a new chair,
Scholars warn deflation risks are becoming entrenched As China faces persistent deflationary pressure, leading scholars are warning that the country risks slipping into a prolonged economic slowdown similar to Japan’s experience if stronger action is not taken soon. Researchers from one of China’s
