2026 WIC Wuzhen Summit opens with focus on open-source AI
China's central bank to raise forex reserve requirement ratio for financial institutions
China's top legislator Zhao Leji held talks with Russian Federation Council Speaker Valentina Matviyenko in Beijing on Monday.
Retail is making a comeback in Hong Kong. Deloitte China reported an encouraging HK$203 billion (US$25.9 billion) in sales volume in the first half of 2026, beating expectations. Accordingly, they forecast the retail market to reach HK$412 billion by the end of this year. A retail revival should directly translate into reduced vacancies for the city’s bricks-and-mortar stores. However, while high street vacancies dropped to 9.1 per cent, the lowest since 2020, vacancies in prime shopping centres...
China’s ruling Communist Party has pledged to target “old nice persons” within its ranks as it steps up its anti-corruption drive ahead of a major leadership reshuffle next year. Rendered in Chinese as lao hao ren, the term refers to unprincipled, conflict-averse officials who turn a blind eye to misconduct to protect their own careers and social standing. A resolution adopted at the close of the party’s 20th Central Committee’s fifth plenum last week signalled a crackdown on this culture of...
China's top legislature began deliberating a draft law on combating cross-border corruption, which includes a provision on promoting the building of a fair and equitable global anti-corruption governance system.
Chinese Premier Li Qiang met with Sultan Haitham Bin Tarik Al Said of Oman in Beijing on Monday.
Shanghai Disney Resort to open third themed hotel in December
Water shortages, gruelling course conditions and a lengthy post-race walk marred Hong Kong’s inaugural Northern Metropolis Marathon on Sunday, participants have said, prompting calls for organisers to overhaul arrangements if the event is to return. As the city seeks to establish itself as a premier hub for mega-events, experts warned the problems went beyond teething issues. They urged organisers to ensure they had the professional expertise required to host similar events in future. Organised...
A top OpenAI executive said on Monday that Washington needs to be “clear-eyed” and “aware” about sharing information with Beijing during coming talks on artificial intelligence (AI), while also warning about the threat posed by alleged Chinese distillation attacks. “Be very clear-eyed. Be very aware of what information you are able to expect in return for what you are sharing, and start to build a foundation,” said Caroline Zier, OpenAI’s deputy lead for national security, during a discussion at...
Americans go to the polls on Tuesday, November 3, in midterm elections that could reshape the final two years of Donald Trump’s second term as president. Control of both chambers of Congress is in play, along with 36 governorships. Polls suggest Democrats go into the vote with an advantage, but the outcome will hinge on a few dozen closely fought races. More than 100 million people are expected to vote if turnout matches the 2022 midterms. By October 12, a record US$3.8 billion had been spent on...
US President Donald Trump is likely to continue on a path of trying to stabilise ties with Beijing – even if the Democrats flip the House of Representatives, according to analysts. But they said if the Republicans lost control of the House in this week’s midterm elections, the framework of “strategic stability” agreed to by Washington and Beijing could be put to the test. One Chinese academic warned that other Republicans could pose the biggest risk to Sino-American ties in Trump’s final two...
Justice delayed, it is often said, is justice denied. If that is true, many court users in Hong Kong are being failed by the system. Those involved in criminal cases at the Court of First Instance must wait 358 days on average for the hearing, the judiciary revealed last week. The figure for the District Court is 354 days, way above the court’s 100-day target. This is a cause of concern. The glacial process has prompted the Law Society to call for drastic measures. Justin Yuen Hoi-ying, chairman...
