Hainan Sees Surge in Duty-Free Spending After Customs Policy Expansion

China’s southern island province of Hainan has recorded a sharp rise in consumer spending following the rollout of a new customs regime that now applies across the entire island. The policy, which took effect last week, appears to have immediately boosted duty-free shopping

China’s Top Court Signals Legal Shift on Digital Transactions

China’s highest judicial authority has signaled a clear shift in how the country approaches digital transactions and virtual assets. The Supreme People’s Court of China has stressed the need to strengthen and modernize laws governing digital currencies and virtual property, responding to a

Tariffs truces and Liberation Day how the United States China trade war evolved in 2025

A year that reshaped global trade tensions The United States China trade relationship entered a volatile new phase in 2025, marked by sharp tariff moves political symbolism and renewed diplomatic engagement. After years of tension, the year brought both escalation and cautious attempts

China reins in subway expansion as fiscal discipline reshapes urban infrastructure plans

A shift away from debt driven infrastructure growth Several Chinese cities are facing delays to planned subway expansions as central authorities tighten oversight on public spending and local government debt. Analysts say the slowdown reflects a broader policy shift away from the debt

Yuan reaches 15 month high as central bank sets stronger fixing amid offshore gains

Central bank signals confidence through stronger fixing China’s currency has received a notable boost after the central bank set the yuan’s daily reference rate at its strongest level in more than a year. The move reflects growing momentum in the currency, particularly in

Hong Kong home prices rise for sixth straight month, signalling cautious optimism for 2026

A steady recovery gathers momentum Hong Kong’s residential property market has shown renewed resilience, with lived in home prices rising for a sixth consecutive month in November. The continued increase suggests that the market has moved beyond a short term rebound and may

China vows to keep up the fight after record number of ‘tigers’ caught in corruption net

A record year for high level anti corruption cases China’s anti corruption drive reached a new milestone in 2025, with a record number of senior officials placed under investigation for suspected graft. According to official figures, sixty three high ranking cadres, commonly referred

China opens shopping centre on Woody Island in disputed Paracels in South China Sea

A new civilian landmark in a sensitive maritime region China has opened a new shopping centre on Woody Island, reinforcing its civilian footprint in one of the most contested areas of the South China Sea. The facility, officially named the Sansha City Commercial

Venezuela frees 99 prisoners detained after 2024 election protests

A symbolic release during a tense political moment Venezuela has released ninety nine prisoners who were detained following protests linked to the country’s disputed two thousand twenty four presidential election. The releases took place on Christmas Day, according to the national prisons authority,

Hong Kong should offer an international DSE to boost education hub goal

Growing global interest in Hong Kong secondary education Interest in Hong Kong’s Diploma of Secondary Education has been rising steadily over recent years, reflecting the city’s reputation for academic rigor and strong examination standards. While Hong Kong is already well known as a