Month: August 2025

Victor Li Tzar-kuoi’s denial this week that his family home was being sold has stirred public curiosity about the address that has been the residence of one of Hong Kong’s wealthiest families and property developers for more than six decades. Advertisement Located at 79 Deep Water Bay Road in the Southern district of Hong Kong Island, the mansion features three stories that sit atop an elevated podium with a swimming pool and a lawn to one side. The original building was bought in 1963 for HK$650,000 by Chong Yuet-ming, the…

After a construction boom spanning nearly two decades, China’s high-speed rail (HSR) network has made record-breaking strides. But to ensure long-term sustainability, analysts said the government needs to address challenges around commercial profitability and mounting debt. Advertisement The warnings came ahead of the next five-year plan, covering the years 2026-2030, in which policymakers will decide whether to take on more debt to expand the 48,000-kilometre network – already the world’s largest, surpassing the combined lengths of those in Germany, Japan and the United Kingdom. On one hand, Beijing has succeeded…

“Boosting consumption” has become one of the most familiar refrains when it comes to discussing China’s economy. From official statements to think tank reports, the idea that China must pivot away from its decades-long reliance on investment and exports towards a more consumer-driven model has gained near-universal traction. Advertisement However, this growing consensus risks simplifying a far more complex question: what exactly is the role of consumption in China’s growth, and is its perceived weakness truly the root of the country’s economic challenges? China’s supposed failure to unlock household demand…

Beijing is on high alert for New Delhi’s involvement in South China Sea disputes after the first-ever joint patrol between India and the Philippines in the strategically important waters, which observers say may further complicate relations between India and China. Advertisement The assessment was made as Indian and Philippine navies on Monday wrapped up their maritime cooperative activity (MCA), which coincided with a state visit by Philippine President Ferdinand Marcos Jnr to India. The MCA involved three Indian naval vessels, including a guided missile destroyer and an anti-submarine corvette. 05:22…

The southern city of Foshan has required real-name registration for medication to treat chikungunya fever, while two cities in southeastern China have asked travellers returning from affected areas to monitor their health for signs of the mosquito-borne illness. Advertisement The market supervision bureau in Foshan, Guangdong province issued a public notice on Sunday asking all retail pharmacies to start real-name registration and to keep records when selling medications to treat symptoms of chikungunya, including fever, rashes and joint pain. This practice was also used during the Covid-19 pandemic to help…

Advertisement Its design is based on a modified version of the country’s long-serving transport plane the Y-20B, and its most distinctive addition is a radar dome on top of the fuselage that hides an array of advanced equipment. China is trying to rapidly grow its fleet of airborne information command centres with at least three new models in the pipeline: the lightweight shipborne KJ-600, the medium-sized KJ-700, and the largest and most advanced KJ-3000. Although other militaries, including the United States, have decided the planes are not suited for modern…