Jack Ma’s Ant seeks $200 billion value in landmark dual IPO

Billionaire Jack Ma’s Ant Group is seeking a valuation north of $200 billion as it goes public in Hong Kong and Shanghai, people familiar with the matter said, kicking off

Japan starts paying firms to cut reliance on Chinese factories

Japan’s government will start subsidizing some companies to invest in factories in Japan and South-East Asia as part of efforts to reduce reliance on manufacturing in China. Fifty-seven companies including privately-held

Hong Kong activist Joshua Wong seeking seat in legislature

Pro-democracy activist Joshua Wong filed candidacy papers yesterday for upcoming legislative elections in Hong Kong, where the new national security law could prevent opposition candidates from taking seats. Wong was one

HK jobless rate jumps to highest in over 15 years

Hong Kong’s unemployment rate rose in June to the highest in more than 15 years, as the city’s economy remains under pressure from the coronavirus pandemic as well as escalating

UK to make changes to extradition treaty with Hong Kong

Britain’s government will be making changes in its extradition arrangements with Hong Kong, after China imposed a tough new national security law. As tensions grow with Beijing, Prime Minister Boris Johnson

Hong Kong’s yawning wealth gap grows wider amid pandemic

Hong Kong is emerging as a case study of how the coronavirus pandemic is affecting vulnerable members of society, as tens of thousands have been thrown out of work with

Beijing battles new outbreak in far west Xinjiang

The number of confirmed cases in a new coronavirus outbreak in China’s far west Xinjiang province has risen to 17. The National Health Commission said Saturday that 16 more cases were

China blasts dam to release floodwaters as death toll rises

Authorities in central China blasted a dam yesterday to release surging waters behind it amid widespread flooding across the country that has claimed scores of lives. State broadcaster CCTV reported the

China firm uses workers to ‘pre-test’ vaccine in global race

In the global race to make a coronavirus vaccine, a state-owned Chinese company is boasting that its employees, including top executives, received experimental shots even before the government approved testing

Lebanon looks to China as US, Arabs refuse to help in crisis

Facing a worsening economic crisis and with little chance of Western or oil-rich Arab countries providing assistance without substantial reforms, Lebanon’s cash-strapped government is looking east, hoping to secure investments

Beijing says progress made in latest border talks with Delhi

China and India made progress in their latest talks on a long-running border dispute that turned deadly last month, a Chinese spokesperson said yesterday. Top commanders from the two sides held

Hong Kong | Young activists, localists top pro-democracy primaries

Young activists and localist candidates dominated Hong Kong’s unofficial pro-democracy primaries over the weekend, with hundreds of thousands of people voting despite warnings the election could violate the

China accuses Britain of helping Washington hurt Huawei

China accused Britain yesterday of colluding with Washington to hurt Huawei after the Chinese tech giant was blocked from working on a British next-generation mobile phone network. A government

Flooded southern China braces for more storms

Heavy rain is forecast for five more days in the Yangtze River basin, China’s meteorological agency said yesterday, in a region already devastated by flooding this year. At least

Trump signs bill, order rebuking China, and slams Biden

President Donald Trump signed legislation and an executive order Tuesday that he said will hold China accountable for its oppressive actions against the people of Hong Kong, then quickly

US rejects nearly all Chinese claims in South China Sea

The Trump administration escalated its actions against China by stepping squarely into one of the most sensitive regional issues dividing them and rejecting outright nearly all of Beijing’s significant maritime

Japan says coronavirus adds to security threat by Beijing

China is pushing harder to make territorial claims in the regional seas and even using the coronavirus pandemic to expand its influence and take strategic superiority, posing a greater threat

China sanctions Rubio, Cruz, Smith, Brownback for criticism

China said yesterday it will impose sanctions on three U.S. lawmakers and one ambassador in response to similar actions taken by the U.S. last week against Chinese officials over alleged

Hong Kong | Organizers of Tiananmen vigil appear in court

The organizers of a vigil commemorating China’s bloody 1989 crackdown in Tiananmen Square appeared in a Hong Kong court on Monday on charges of inciting others to participate in an

Hong Kong | 600,000 vote in pro-democracy primaries

Hundreds of thousands of Hong Kong residents turned up over the weekend to vote in an unofficial primary election held by the city’s pro-democracy camp as it gears

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