Hong Kong Aims to Become Global Hub for Sports and Entertainment Events

Hong Kong’s potential to become a leading global destination for world-class events goes beyond its existing stadiums and venues. This vision was highlighted at the city’s first summit on the economic impact of global sporting and entertainment events, held at the Fullerton Ocean Park Hotel. Speakers from across the worlds of sports, entertainment, and business … Read more

Laurence Brahm: A Journey Through the Essence of Kung Fu and Its Philosophical Roots

From the ancient Shaolin temples to the global influence of martial arts icons like Bruce Lee, kung fu has a deep-rooted history and a powerful philosophical foundation. The art of kung fu, also known as wushu, is more than just a physical practice—it’s a way of life, deeply intertwined with Chinese cultural and spiritual traditions. … Read more

China’s Shenlong Reusable Spacecraft Successfully Completes 268-Day Orbital Mission

China’s experimental reusable spacecraft, Shenlong, successfully completed its third orbital test, landing at the designated site in the Gobi Desert after spending 268 days in space. Launched aboard a Long March-2F rocket on December 14, the spacecraft touched down at the Jiuquan Satellite Launch Centre, as reported by state news agency Xinhua. This marks a … Read more

Forging New Horizons: Young Chinese Entrepreneurs Tapping into Africa’s Untapped Potential”

This narrative of Chinese entrepreneurs like Cao Fengze, Fang Jing, Li Yi, and Hu Zhenxing mirrors the adventure spirit seen in Robinson Crusoe, but applied to Africa’s burgeoning development scene under the Belt and Road Initiative (BRI). These young Chinese professionals have chosen to explore the dynamic African markets, seeing them as new “goldmines” brimming … Read more

People’s Bank of China Signals Further Reserve Requirement Ratio Cuts to Boost Economic Recovery

The People’s Bank of China (PBC), the country’s central bank, announced on Thursday that there remains room to reduce the reserve requirement ratio (RRR) for banks and pledged to continue its supportive monetary policies aimed at bolstering the economy. This move underscores the PBC’s commitment to fostering a favorable monetary environment to boost market confidence … Read more

Thirty-Eight Flights Cancelled in Hong Kong as Super Typhoon Yagi Approaches

As Super Typhoon Yagi neared Hong Kong on Thursday, 38 flights were cancelled in preparation for the storm. The Airport Authority’s deputy director for airport operations, Chapman Fong Shui-man, announced that transportation would be arranged for affected passengers. All cancelled flights are expected to be rescheduled on Friday through a mechanism designed to handle such … Read more

Shenzhen Hosts Orientation Session to Help Expats Adjust to Local Life

An orientation session aimed at helping newly arrived expats settle into life in Shenzhen was held on Saturday afternoon in Shekou, attracting around 40 participants from countries such as the U.S., Morocco, Ireland, Canada, and the Netherlands. The event was organized by the Shekou Management and Service Center for Expats (MSCE) and featured a variety … Read more

China to Launch Anti-Discrimination Investigation into Canada’s Tariff Hike on Electric Vehicles and Imports

China will initiate an anti-discrimination investigation in response to Canada’s decision to impose steep tariffs on electric vehicles (EVs), steel, and aluminum products imported from China, according to the Ministry of Commerce’s statement on Tuesday. This move follows Canada’s recent announcement of a 100-percent tariff on Chinese-made EVs, mirroring similar measures introduced by the U.S. … Read more

Tesla Sets New Sales Record in China Amid Rising EV Market and Expanding Opportunities for Foreign Investors

In August, Tesla, the U.S.-based electric vehicle (EV) giant, set a new sales record for 2024 in China, with its Shanghai Gigafactory seeing a significant rise in deliveries for the second consecutive month. This achievement signals China’s growing allure for foreign investors, especially in the EV sector, as the country accelerates its green transition and … Read more