Month: August 2025

In the first of a two-part series about Hong Kong’s market for initial public offerings, Zhang Shidong and Ao Yulu report that more Chinese companies opted to list in Hong Kong in the first eight months of 2025 than in New York. Advertisement Hong Kong has overtaken the US as the new listing venue for mainland Chinese companies, marking a major milestone for the world’s fourth-largest capital market after a decade of betting on its growth in its much larger and stronger hinterland. As many as 46 China-domiciled companies raised…

China is on a mission to turn its military into a modern fighting force. In this four-part series, we look at the rapid transformation of the People’s Liberation Army, starting with changing perceptions of its capabilities. Advertisement A decade ago, China held a military parade to mark the 70th anniversary of Japan’s defeat in World War II. Back then, the People’s Liberation Army was seen as no match for the United States military in the Indo-Pacific. But with an ambitious modernisation effort under way, that view is changing. China has…

House Democrats unveiled a new bill on Friday to set legal thresholds for chips deemed too advanced to send to China without congressional approval, attempting to set clear limits in the ongoing debate about how tightly to control the flow of the technology amid national security concerns. Advertisement The bill, sponsored by Representatives Raja Krishnamoorthi of Illinois, Ami Bera of California and Jill Tokuda of Hawaii, would prevent the export of certain advanced chips without both a US Commerce Department-led inter-agency review and a joint resolution from Congress. Under the…

The Greater Bay Area development zone is one of the most economically dynamic regions in the world. With a population of over 86 million and a gross domestic product of around US$2 trillion, it connects global manufacturing hubs, financial centres, technology clusters and tourism destinations. Advertisement As Hong Kong, Macau and Guangdong province become more integrated, they are also becoming more exposed to shared risks from extreme weather events. A disruption in one jurisdiction can quickly cascade through supply chains, travel networks and service sectors in others. Climate resilience is…

Advertisement Mao Ning, a spokeswoman for the foreign ministry, said on Friday that these actions “seriously infringed upon the legitimate and legal rights and interests of Chinese citizens, severely obstructed normal personnel exchanges between the two countries, and seriously undermined the atmosphere for people-to-people and cultural exchanges”. She told a scheduled press conference: “Recently, the US has frequently engaged in discriminatory, politically motivated and selective law enforcement against Chinese students travelling to the US. “These students are subjected to unfair treatment, including being taken into small, dark rooms for repeated…

As US destroyers closed in on the coast of Venezuela on Thursday – a stark show of military force President Donald Trump said was intended to combat drug cartels – global attention has turned to the South American country, with China voicing opposition to “the interference of external forces in Venezuela’s internal affairs, under any pretext”. Advertisement Here, the Post examines how the situation has developed and Venezuela’s role in the international oil trade – a prominence that has given the conflict global scope. How big are Venezuela’s oil reserves,…