Can the US reopen the Strait of Hormuz? Many military analysts are sceptical

US air strikes may have weakened Iran’s ability to blockade the Strait of Hormuz, but in the short term it is probably too risky to provide a military escort for oil tankers because of the threat from drones and mines, according to Chinese analysts. Multiple media reports have said the United States was considering the use of ground troops to open the waterway, but many military observers have argued this would not be enough without further protracted fighting. The strait is a vital shipping route that carries around 20 per…

Can a surge of new arrivals rescue Hong Kong’s property sales market?

Weekends are when Stacy Wang makes the best of her new home. A native of Beijing, the 42-year-old moved with her young son to Kowloon, just over the water from Hong Kong Island, to join her husband, who was posted there by his mainland-based company. Together they arrange play dates in the Kowloon Cultural District, spending time in the park or visiting the science and space museums. Now that temperatures are milder, they hike up The Peak or walk around Upper Shing Mun Reservoir; her son loves the wild monkeys.…

Six shows to see during Art Basel Hong Kong 2026

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Heavenly Horses: Masterpieces from the Palace Museum Hong Kong Palace Museum, March 20 to March 17 2027 Detail from ‘Three Horses’ (1342) by Jiufeng Daoren, being shown at the Heavenly Horses exhibition © The Palace Museum When 18th century Italian missionary Giuseppe Castiglione arrived in the Qing court, he encountered a culture that had been painting horses for centuries. He remained for over five decades, working as a court painter…

Chongqing mayor under investigation as China’s anti-corruption crackdown gathers pace

The mayor of the southwestern metropolis Chongqing has been put under investigation by China’s top anti-corruption agency. The Central Commission for Discipline Inspection (CCDI) issued a statement on Friday saying that Hu Henghua, mayor of Chongqing and deputy secretary of its municipal committee of the Communist Party, was under investigation for “serious violations of discipline and law” – a term commonly used to refer to corruption. Chongqing is among China’s four centrally administered municipalities – along with Beijing, Shanghai and Tianjin – placing it on the same administrative tier as…

China’s Hainan free-trade hub reinvents itself as Hong Kong’s rival – and partner

As Hainan pushes ahead with its free-trade port, the tropical island is emerging as a potential rival to Hong Kong’s long-standing role as a regional shopping and low-tax hub – even as both sides signal interest in closer cooperation. Since launching a separate customs regime three months ago, Hainan – now a gateway to the Chinese market – has positioned itself as a “super partner” to Hong Kong across industry chains, finance, tourism and other sectors, according to officials. “Hong Kong serves as the mainland’s ‘superconnector’, and the Hainan-Hong Kong…

US Section 301 tariffs set to trigger fresh wave of trade disruption

If there is a thread that provides coherence to Donald Trump’s mad emperorship, it is the frenetic invention of new, evermore dramatic diversions: no week can be allowed to pass without new melodrama that erases the chaotic melodramas of weeks past. Nor can a week be allowed to pass without the seeds being sown for next week’s melodramas. This week it is Iran, and the computer-gaming unreality of a scorched-earth US-Israeli bombardment that has generated convulsions across economies in the Persian Gulf. After dropping billions of dollars’ worth of ordnance…

NIH-awarded life scientist Shu Xiaokun abruptly shifts research from US to China

World-renowned life scientist Shu Xiaokun has received numerous awards and significant funding from the US government over the past two decades. Earlier this year, he was appointed the prestigious Toby Herfindahl Endowed Chair professor at the University of California, San Francisco (UCSF), capping a career that included pioneering fluorescent protein tools in Nobel laureate Roger Yonchien Tsien’s laboratory. The motto of Shu’s lab is a quote from the Nobel laureate physicist Richard Feynman: “If you’re not having fun, you are not learning. There’s a pleasure in finding things out.” Advertisement…