Day: October 10, 2025

China’s “golden week” holiday was an exceptionally busy time for the South Korean capital, with Chinese tourists streaming into the city’s shopping districts under a new visa-free scheme. Advertisement At the same time, the country’s diplomatic machinery was setting the stage for the Apec summit, an event that gets under way later this month and is expected to see the first visit by a Chinese president to the country in 11 years. Only four months into his term, South Korean President Lee Jae-myung seemed to have an opportunity to achieve…

This is the sixth and final part of the exclusive Capital Connectors series in which influential Chinese and global bankers reveal the opportunities and challenges for Hong Kong in its evolution as an international financial hub. Advertisement If history serves as a guide, Hong Kong’s continued reign as a premier international financial centre depends on a time-tested formula: adapting to meet evolving needs, particularly in response to the development of China’s economy, according to Wang Lei, CEO of Huatai Financial Holdings. From introducing red chips and H-shares to the creation…

China, working with the United States and Thailand, has seized a record haul of illegal drugs near a disputed South China Sea reef, state media said on Friday. Advertisement The Chinese anti-drug agency and the China Coast Guard, acting on a tip-off from the US Drug Enforcement Administration (DEA) and the Royal Thai Police, intercepted the vessel Ji Sheng around 130 nautical miles southwest of the Scarborough Shoal, known as Huangyan Island in China, the People’s Daily reported. The operation was on the early morning of February 24 and resulted…

As China drafts its 15th five-year plan – the next entry in a line of expansive blueprints that have set the tone for the country’s development over more than seven decades – we examine how these documents inform and reflect high-level policy priorities, what to expect in the coming iteration and how foreign investors are likely to be affected. Advertisement For more stories in this ongoing series, click here. To view SCMP Plus Factsheets on the 15th five-year-plan and more premium content, click here. Sun Xueguang has been helping broker…