Major Hong Kong landlords might struggle to fill up their existing office space due to strong competition from a number of new buildings. Photo: Dickson Lee

Hong Kong office rents and rental values expected to decline further, analysts say

Hong Kong’s office rents and rateable values are expected to fall amid high vacancies, new supply, uncertainties around the global economy and downsizing by firms, analysts say.

4 Jul 2023 - 8:30AM

Explainer | From GDP to the yuan: 4 things to look out for in China’s economy in July

China will release its second-quarter gross domestic product data in mid-July, while US Treasury Secretary Janet Yellen will visit and attention this month will also be on the yuan exchange rate and the possibility of stimulus measures.

China will release its second-quarter gross domestic product data in mid-July, while US Treasury Secretary Janet Yellen will visit and attention this month will also be on the yuan exchange rate and the possibility of stimulus measures.

4 Jul 2023 - 12:00AM

What do recent trips say about US relations with China and India?

In this edition of the Global Impact newsletter, we wrap up recent visits by US Secretary of State Antony Blinken and Indian Prime Minister Narendra Modi and look at who is in the better position and what the next moves might be.

In this edition of the Global Impact newsletter, we wrap up recent visits by US Secretary of State Antony Blinken and Indian Prime Minister Narendra Modi and look at who is in the better position and what the next moves might be.

3 Jul 2023 - 2:00PM

‘Cooperation, competition’: China, US to test hard bone issues during Yellen trip

US Treasury Secretary Janet Yellen will begin a four-day visit to China on Thursday, and is set to meet senior officials to ‘work together to address global challenges’.

US Treasury Secretary Janet Yellen will begin a four-day visit to China on Thursday, and is set to meet senior officials to ‘work together to address global challenges’.

3 Jul 2023 - 9:57PM

Pressured from abroad, China tackling ‘bad faith’ trademark rules to protect IP

Chinese officials have proposed to update its Trademark Law in an attempt to improve intellectual property protection, especially for foreign companies and brands, with China eager to attract foreign investment amid its slowing economy.

Chinese officials have proposed to update its Trademark Law in an attempt to improve intellectual property protection, especially for foreign companies and brands, with China eager to attract foreign investment amid its slowing economy.

2 Jul 2023 - 8:00AM

MORE STORIES

China applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in September 2021 and Digital Economy Partnership Agreement (DEPA) in November 2021. Photo: Chinatopix via AP

‘Step in right direction’: China to ease economic, trade rules to aid CPTPP bid

China will introduce measures on a trial basis to help with its application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

30 Jun 2023 - 7:30PM

‘Another small step’ as Argentina allows deposits in China’s ‘safe haven’ yuan

Argentina will start to accept China’s yuan for deposit-taking in savings and current accounts as the South American nation is battling a dwindling supply of US dollars.

Argentina will start to accept China’s yuan for deposit-taking in savings and current accounts as the South American nation is battling a dwindling supply of US dollars.

30 Jun 2023 - 5:59PM

Could China lose its lead in shipbuilding as West looks at industrial decoupling?

China produces more gross tonnes per year than South Korea and Japan and is home to the biggest shipbuilder in the world, but some Western countries are wary of an overreliance on Chinese manufacturing.

China produces more gross tonnes per year than South Korea and Japan and is home to the biggest shipbuilder in the world, but some Western countries are wary of an overreliance on Chinese manufacturing.

30 Jun 2023 - 3:13PM

Yuan to remain under pressure as central bank weighs moves to stem weakness

China’s yuan has weakened by 4.7 per cent against the US dollar since the start of the year, but the central bank has refrained from direct intervention.

China’s yuan has weakened by 4.7 per cent against the US dollar since the start of the year, but the central bank has refrained from direct intervention.

30 Jun 2023 - 1:11AM

The largest banks would survive severe recession, Fed ‘stress tests’ show

The 23 largest US banks passed the Federal Reserve’s stress tests, indicating resilience in the banking system despite the crisis that led to the failure of Silicon Valley Bank, Signature Bank and First Republic Bank.

The 23 largest US banks passed the Federal Reserve’s stress tests, indicating resilience in the banking system despite the crisis that led to the failure of Silicon Valley Bank, Signature Bank and First Republic Bank.

29 Jun 2023 - 10:18AM

China urged to play greater role in global finance after Sri Lanka bailout woes

Sri Lankan Minister of Foreign Affairs Ali Sabry expressed frustration about the time it took his nation to receive help when it was grappling with a debt crisis during a panel discussion at the World Economic Forum on Wednesday.

Sri Lankan Minister of Foreign Affairs Ali Sabry expressed frustration about the time it took his nation to receive help when it was grappling with a debt crisis during a panel discussion at the World Economic Forum on Wednesday.

28 Jun 2023 - 8:30PM

China’s Asia-Pacific trade deal, digital economy pact bids backed by New Zealand

New Zealand on Wednesday backed China’s participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Digital Economy Partnership Agreement (DEPA).

New Zealand on Wednesday backed China’s participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Digital Economy Partnership Agreement (DEPA).

28 Jun 2023 - 7:15PM

China, India to benefit most from Asia-Pacific decarbonisation pursuit: Deloitte

Countries in the Asia-Pacific region could add US$47 trillion to the global economy by 2070 and create 180 million jobs by 2050, if they seize opportunities from decarbonisation, with China and India set to benefit the most, according to Deloitte.

Countries in the Asia-Pacific region could add US$47 trillion to the global economy by 2070 and create 180 million jobs by 2050, if they seize opportunities from decarbonisation, with China and India set to benefit the most, according to Deloitte.

28 Jun 2023 - 7:00AM

Premier plays up China’s economic outlook, hits out at West over ‘de-risking’

Premier Li Qiang told 1,500 foreign-policy makers and business executives at the World Economic Forum meeting in Tianjin on Tuesday that China’s economic growth in the second quarter will be faster than 4.5 per cent in the first quarter.

Premier Li Qiang told 1,500 foreign-policy makers and business executives at the World Economic Forum meeting in Tianjin on Tuesday that China’s economic growth in the second quarter will be faster than 4.5 per cent in the first quarter.

28 Jun 2023 - 1:07PM

As it happened: China’s economy growing faster, premier tells ‘Summer Davos’

Premier Li Qiang gave the opening address to the World Economic Forum’s 14th Annual Meeting of the New Champions in the northern port city of Tianjin on Tuesday.

Premier Li Qiang gave the opening address to the World Economic Forum’s 14th Annual Meeting of the New Champions in the northern port city of Tianjin on Tuesday.

28 Jun 2023 - 1:08PM

As China’s economic woes grow, what is expected from Li Qiang at ‘Summer Davos’?

Premier Li Qiang is expected to address the World Economic Forum’s 14th Annual Meeting of the New Champions on Tuesday in the northern Chinese city of Tianjin at a time China’s economy is facing prolonged challenges.

Premier Li Qiang is expected to address the World Economic Forum’s 14th Annual Meeting of the New Champions on Tuesday in the northern Chinese city of Tianjin at a time China’s economy is facing prolonged challenges.

26 Jun 2023 - 11:50PM

China out to lift trade, economic ties as Mongolian prime minister begins trip

Mongolian Prime Minister Luvsannamsrain Oyun-Erdene leads a high-level delegation for a six-day visit to China, which starts on Monday, with technology, railway connections and green development set to be on the agenda.

Mongolian Prime Minister Luvsannamsrain Oyun-Erdene leads a high-level delegation for a six-day visit to China, which starts on Monday, with technology, railway connections and green development set to be on the agenda.

26 Jun 2023 - 6:37PM

What does China’s Saudi Arabia pivot mean for its Middle East relations?

In this edition of the Global Impact newsletter, we look back at the recent 10th Arab-China Business Conference that took place in Riyadh, Saudi Arabia, and looks at the future of China-Middle East relations.

In this edition of the Global Impact newsletter, we look back at the recent 10th Arab-China Business Conference that took place in Riyadh, Saudi Arabia, and looks at the future of China-Middle East relations.

26 Jun 2023 - 2:00PM

Long before TSMC chip plant, Taiwan enjoyed strong support from Arizona

Arizona’s long-standing support for Taiwan, going back to the 1960s, underscores the increasing importance of subnational diplomacy for the self-ruled island.

Arizona’s long-standing support for Taiwan, going back to the 1960s, underscores the increasing importance of subnational diplomacy for the self-ruled island.

24 Jun 2023 - 10:00AM

Explainer | How exposed is China’s C919 jet to US sanctions and could they clip its wings?

China’s C919 narrow-body passenger jet went into commercial operation this year, but relies on imported parts and technology, especially from the US, with Washington wary of American-made civil aviation products being diverted for military use.

China’s C919 narrow-body passenger jet went into commercial operation this year, but relies on imported parts and technology, especially from the US, with Washington wary of American-made civil aviation products being diverted for military use.

27 Jun 2023 - 11:19AM