‘Steady as she goes’ as Hong Kong bids farewell to deficits
Hong Kong raised its economic growth forecast to between 2.5 per cent and 3.5 per cent this year, as Financial Secretary Paul Chan delivered...
IMF urges China to prioritise consumption-led rebalancing, curb industrial policy
The International Monetary Fund (IMF) has called on China to make the shift to a consumption-led growth model an “overarching priority”, while urging the...
Surpluses, investments, tax breaks: what’s in it for you in Hong Kong’s budget 2026-27
Financial Secretary Paul Chan Mo-po has announced an array of industry spending and relief measures in Hong Kong’s budget, in response to the city’s...
How ‘little giants’ help China defend its manufacturing dominance
Against the news of China’s record trade surplus of US$1.19 trillion last year, some have warned it is making trade impossible, arguing that the...
China’s yuan strengthens to near 3-year high as US dollar uncertainty grows
China’s yuan has strengthened to its highest level against the US dollar in nearly three years, with its official fixing rate also firming amid...
Why China ancient custom requires children to ‘sell ignorance’ on Lunar New Year’s Eve
While many people in today’s China watch the state media CCTV’s gala show on the Lunar New Year Eve, about 1,000 years ago children...