Saturday, November 17, 2018

China wants universities to raise academic standards and put more pressure...

After all the intensive study to get into university – ending with the gruelling make-or-break entrance exam – for many students in China, life gets a little easier once they are at college. In fact, most Chinese university students have been able to graduate even if they did not do well thanks to a “clearing…

Politics

Business

CE visits expo in Shanghai

CE visits expo in Shanghai

Chief Executive Carrie Lam today attended the opening ceremony of the inaugural China International Import Expo in Shanghai and introduced the Hong Kong Exhibition Area to President Xi Jinping. With the theme of "Hong Kong In", the Hong Kong Exhibition Area is located inside the China Pavilion of the Country Pavilion for Trade & Investment.…
HK continues to be strategic gateway

HK continues to be strategic gateway

Hong Kong will continue to be the country’s strategic gateway to the world. Chief Executive Carrie Lam made the statement today in Shanghai after touring the inaugural China International Import Expo. Mrs Lam said the theme of the Hong Kong Exhibition Area located at the China Pavilion of the Country Pavilion for Trade & Investment is…
Economic freedom key to success

Economic freedom key to success

Chief Secretary Matthew CheungHong Kong is an open and free market. For 24 consecutive years, Hong Kong has topped the Heritage Foundation’s Index of Economic Freedom. In the 2018 Index, Hong Kong came first in a number of categories, including business freedom, trade freedom, financial freedom and fiscal health. Freedom is not just a privilege…
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Dutch chip maker NXP, getting past failed Qualcomm merger, sees China as biggest growth market

Dutch chip maker NXP, getting past failed Qualcomm merger, sees China as biggest growth...

NXP Semiconductors, moving beyond the failed US$44 billion purchase by its US counterpart Qualcomm, is highlighting China as a key source of future growth. The Dutch chip maker, which fell victim to the US-China trade dispute as it failed to secure Chinese regulators’ approval for the acquisition, said it continued to see China as its…
Alibaba appoints Daniel Zhang to succeed Jack Ma as chairman in 12-month succession plan

Alibaba appoints Daniel Zhang to succeed Jack Ma as chairman in 12-month succession plan

Jack Ma will hand over the keys of Asia’s most valuable company to Alibaba Group Holding’s chief executive officer, in an unprecedented succession plan that will slowly take the focus off one of China’s most recognisable corporate names over the next 12 months. Under the plan, Daniel Zhang will be promoted to executive chairman on…
Hong Kong Monetary Authority expects to uncover more cases of fraud as e-wallet losses double to HK$400,000

Hong Kong Monetary Authority expects to uncover more cases of fraud as e-wallet losses...

The amount of money stolen from customers using Hong Kong’s new faster payment system has ballooned to HK$400,000 (US$51,000) – and the Monetary Authority believes that figure could increase. On Tuesday, Howard Lee Tak-chi, the deputy chief executive of the HKMA, said there were more than 10 suspected cases of fraud involving the system they…
Mystery film to premiere

Mystery film to premiere

Napping Kid, financed by the Film Production Grant Scheme, will premiere in Hong Kong this evening. A government subsidy of $1.37 million contributed to the film's $6.89 million budget. The film is directed by Amos Why and stars David Siu, Ng Siu-hin and Cecilia So. Adapted from the novel of the same name, the story…

Diplomacy & Defence

Australia to bury hatchet with China – in fence between Beijing and Washington

Australia to bury hatchet with China – in fence between Beijing and Washington

PM Scott Morrison is set to use first meeting with Xi Jinping to mend ties between the nations He has previously said Australia did not want to choose between Beijing and Washington But there are questions about the long-term sustainability of the country’s balancing act By John Power 17 Nov 2018 Australian Prime Minister Scott…
Li Keqiang underlines China’s ‘opening up’ vow as Pacific leaders meet in Singapore

Li Keqiang underlines China’s ‘opening up’ vow as Pacific leaders meet in Singapore

Chinese Premier Li Keqiang repeated Beijing’s promise to further open up its economy in the face of rising protectionism, as he headed to Singapore on Monday for meetings with Asia-Pacific leaders that are expected to focus on trade tensions. Li’s remarks in an article in Singapore’s Straits Times newspaper, ahead of his arrival in the…
Why Chinese Vice-President Wang Qishan can’t take praise – even from Michael Bloomberg

Why Chinese Vice-President Wang Qishan can’t take praise – even from Michael Bloomberg

China’s Vice-President Wang Qishan delivered unusually personal, off-the-cuff remarks in Singapore before his keynote address at a new economic forum after US tycoon Michael Bloomberg introduced him as “the most influential political figure” in China and the world. Wang, widely seen as Chinese President Xi Jinping’s right-hand man, seemed taken aback by the description at…