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11/6(五)
EU-China truce under strain as both sides brace for potenti…
Weeks after the European Union and China struck a deal aimed at averting a looming trade war, the two sides remain at loggerheads over what is wrong with their relationship, how to fix it and who is to blame. At an event in Brussels this week, threats were exchanged and differences rose to the surface. With the ink barely dry on their fragile trade peace, the dynamic made clear that both are still preparing for a trade war. “If the EU insists on adopting restrictive and discriminatory measures...
#China-EU relations#European Union#China trade#Trade#China exports#Euro Zone Crisis

How Singapore confronts AI fears of ‘broken’ career ladder,…
Singapore is seeking to flip the script by turning its land and manpower constraints into reasons to embrace AI instead of fearing it, even as the technology carries the spectre of job losses and cyberthreats in the wrong hands, a senior official has said. Minister for Digital Development and Information Josephine Teo argued that pragmatism would give her resource-scarce country an edge without becoming overly reliant on any single power or AI provider. At the Family Business Summit in Hong Kong...
#Singapore#Artificial intelligence (AI)#Technology#Shanghai#China#United States

11/5(四)
As political bet fails, what happens now to Musk’s Tesla, S…
Elon Musk bet nearly half a billion dollars that political spending could keep Washington friendly to his sprawling business empire. On Tuesday, that bet came up short. As Democrats recaptured control of the US Congress in the midterm elections, the world’s richest man found himself facing an abruptly altered political landscape. After pouring a record-breaking US$474 million into political groups – overwhelmingly backing Republicans – Musk now faces a divided Washington keen to examine his...
#Elon Musk#China#Tesla#SpaceX#Electric & new energy vehicles#US-China relations

Hong Kong needs ‘forward-looking’ plans amid industrial cha…
Hong Kong should proactively plan and implement forward-looking strategies amid rapid changes in global industrial chains and the rapid development of technology and artificial intelligence, the city’s leader has said at an economic forum. Speaking at the Hongqiao International Economic Forum in Shanghai, Chief Executive John Lee Ka-chiu said on Thursday that the government’s GoGlobal task force had helped more than 360 mainland Chinese firms establish or expand their businesses in Hong Kong...
#Hong Kong economy#Hong Kong#John Lee#Trade Development Council (HK)#Shanghai#China

Unexpected White Flower Oil uses; modern cheongsams: 7 Life…
We have selected seven Lifestyle stories from the past seven days that resonated with our readers. If you would like to see more of our reporting, please consider subscribing. 1. Cancer at 32, laid off at 50. How a Singaporean rebuilt his life after setbacks Edgar Tang was 32 and on holiday in London when a call from his doctor changed his life. He was diagnosed with stage three Hodgkin’s lymphoma, a cancer of the lymphatic system. His only symptom had been a swollen lymph node on the left side...

Why Hong Kong wealth managers want broader access to mainla…
Most asset managers in Hong Kong expect broader access to mainland China’s two Nasdaq-style stock markets to strengthen the city’s private wealth business, an industry survey shows, as hard-tech firms continue to attract investors despite a recent pullback. The report, released by the Private Wealth Management Association (PWMA) and KPMG China, surveyed most of the association’s 44 institutional members, ranging from Agricultural Bank of China (Hong Kong) to UBS, as well as asset managers and...
#Wealth management#Banking & finance#Hong Kong#China#China stock market#Investing

Could Shanghai project smooth indebted New World’s path to…
New World Development’s recent announcement that its Shanghai K11 Elysea office project has reached an occupancy rate of about 80 per cent may pave the way for the indebted group’s next securitisation exercise, analysts say, adding that it could generate 100 million yuan (US$15 million) in annual net operating income. The company said on Tuesday that new tenants, including luxury brands Hermes and Rolex, were preparing to move into the project’s office component on Huaihai Middle Road. Others...
#New World Development#Property investment#Shanghai#China#Hong Kong#Banking & finance

11/4(三)
Chinese exporters see respite as Beijing curbs yuan rise am…
The People’s Bank of China’s (PBOC) intervention to raise the foreign exchange reserve requirement ratio amid the yuan’s sustained rally has delivered a reprieve for China’s broader export sector, as the measure is expected to partly ease appreciation momentum driven by the country’s enormous trade surplus, analysts say. China’s goods trade surplus mounted to a record US$938.1 billion in the January-September period, rising from US$726.2 billion in the same period a year prior. With the full...
#China exports#Shanghai#China#Moody’s#Citic Futures#Foreign exchange market

China’s Wingtech rejects proposal on Nexperia, cites ‘discr…
Shanghai-listed Wingtech Technology has rejected a restructuring proposal under which it would lose control of Dutch chipmaker Nexperia’s assets outside China, condemning the plan as an “expropriation” driven by discrimination. The stand-off deepens a year-long dispute between Wingtech and Dutch authorities, as the company faces an impending delisting deadline at home, while Dutch Prime Minister Rob Jetten prepares for an official visit to Beijing in the spring. In a statement on Tuesday,...
#Semiconductors#Wingtech#Nexperia#The Netherlands#China#China-EU relations

John Lee begins Beijing, Shanghai trip to deepen mainland e…
Hong Kong’s leader has begun a four-day visit to Beijing and Shanghai to deepen economic ties with the mainland, calling for closer collaboration on finance and innovation and technology (I&T), and pledging to help Chinese enterprises expand overseas. Speaking at the annual Beijing-Hong Kong Economic Cooperation Symposium on Wednesday, Chief Executive John Lee Ka-chiu said the Northern Metropolis would create a new platform for the two cities to cooperate on research and innovation. The...
#John Lee#Hong Kong#China#Shanghai#Hong Kong economy#Technology

Inside the Shanghai Grand Opera House, a US$590 million per…
Even before its doors opened on October 17, the striking, gleaming-white landmark had long redefined the skyline along the Huangpu River in Shanghai. The Shanghai Grand Opera House, which took 10 years to build, is a massive spiral structure rising above the Expo Culture Park in the Chinese city’s Pudong New Area that captures the gaze of passing ferry passengers and riverfront walkers. By day, it resembles a Chinese hand fan; by night, glowing against the water, it evokes a pearl nestled inside...
#World of performing arts#Chinese culture#China travel#Shanghai#China#Classical music
