Sunday, November 18, 2018

Campus uproar as Chinese university bans food deliveries to boost health

A university in southeast China has ordered security guards to stop food delivery vehicles from entering the campus as it tries to clamp down on rubbish, traffic and unhealthy diets. The ban triggered an online backlash among students and prompted a number of food delivery store owners to drive into the campus and distribute free…

Politics

Business

Concessionary tax measures passed

Concessionary tax measures passed

Secretary for Financial Services & the Treasury James Lau welcomed the passage of the Inland Revenue (Amendment) (No. 5) Bill 2018 by the Legislative Council today. It gives effect to three concessionary tax measures proposed in the 2018-19 Budget, including allowing husband and wife the option of electing for personal assessment separately from the year of…
Mainland tours issue being tackled

Mainland tours issue being tackled

Guangdong authorities have taken action to tackle the issue of Mainland tour groups travelling to Hong Kong that have not been received by local travel agencies, Secretary for Commerce & Economic Development Edward Yau said today.  He noted Guangdong's Department of Culture & Tourism has informed the Hong Kong Special Administrative Region Government that it has issued…
FS attends Internet conference

FS attends Internet conference

Financial Secretary Paul Chan attended the 5th World Internet Conference in Wuzhen, Zhejiang, today. After arriving in Wuzhen yesterday, Mr Chan called on China Internet Development Foundation President Ma Li. Both sides agreed to strengthen co-operation, including to support the Hong Kong Special Administrative Region Government in holding the annual Internet Economy Summit next year. Mr Chan…
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Economists should debate disputed business practices in court to aid judges, head of Hong Kong’s Competition Tribunal says

Economists should debate disputed business practices in court to aid judges, head of Hong...

Hong Kong’s Competition Tribunal could learn from the experience in foreign jurisdictions in allowing economists to debate disputed business practices in court to help judges understand complex economic evidence. The tribunal’s president Godfrey Lam Wan-ho made the remarks on the sidelines of the city’s anti-trust watchdog’s inaugural Competition Exchange forum. The international event, organised by…
Two arrested as Tung Chung protesters clash over influx of visitors from mainland China to Hong Kong

Two arrested as Tung Chung protesters clash over influx of visitors from mainland China...

Police arrested two people as protesters clashed with each other in Tung Chung on Sunday as tensions erupted over the influx of tourists from mainland China into Hong Kong. Three weeks after the Hong Kong-Zhuhai-Macau Bridge opened, a record-breaking number of tourists have used the crossing. On Sunday alone, 86,436 passengers passed through the city’s…
Jack Ma to unveil Alibaba’s succession plan, paving the way for younger talent to take over

Jack Ma to unveil Alibaba’s succession plan, paving the way for younger talent to...

Jack Ma, who co-founded the world’s largest e-commerce platform, will unveil a succession strategy next week, part of a management plan 10 years in the making for grooming a generation of younger executives to take over the reins of Asia’s most valuable company. Ma, the executive chairman of Alibaba Group Holding and public face of…
How China’s capitalist entrepreneurial spirit arose from the ashes of revolution

How China’s capitalist entrepreneurial spirit arose from the ashes of revolution

The world is getting used to a China that is an engine of innovation in digital payments, artificial intelligence, green energy and e-commerce. It’s a vastly different China from the one envisioned by its founding father, Mao Zedong. In 1949, in the ruins of World War II and a civil war at home, the Communist…

Diplomacy & Defence

US, China set for high-level talks to avert South China Sea clashes

US, China set for high-level talks to avert South China Sea clashes

The US and China will hold a second round of high-level diplomatic and security talks in Washington on Friday in a show of willingness for the two sides to continue communications amid rising tensions in the South China Sea and Taiwan Strait. US Secretary of State Mike Pompeo and Secretary of Defence James Mattis will…
US-China trade war: more tariffs will hurt both countries, WTO official says

US-China trade war: more tariffs will hurt both countries, WTO official says

The international trade order will be damaged, and both the United States and China will suffer if Washington imposes further tariffs on Chinese goods, according to a World Trade Organisation official, who said the body had a vital role to play in resolving the conflict. Speaking at an Asia-Pacific Economic Cooperation (Apec) panel discussion in…
China is ready to talk to resolve US trade war, says Vice-President Wang Qishan

China is ready to talk to resolve US trade war, says Vice-President Wang Qishan

China is ready to engage with the US to resolve their months-long trade war, Vice-President Wang Qishan said at a new economic forum in Singapore hosted by US billionaire Michael Bloomberg. Wang, widely reputed to be a “firefighter” and one of President Xi Jinping’s most trusted allies, pushed back against Washington’s “America first” trade policies…