Articles

  • 5 days ago | scmp.com | Fan Chen |Jane Cai

    China has reported a drop in consumer prices in April, unwelcome news as the country scrambles to battle deflation wrought by sky-high tariffs levied on shipments between the world’s two largest economies. The national consumer price index (CPI), a key gauge of inflation, edged down by 0.1 per cent year on year last month, according to data released by the National Bureau of Statistics on Saturday. That was nearly the same as the 0.09 per cent fall predicted by economists in a Bloomberg poll.

  • 2 weeks ago | scmp.com | Ralph Jennings |Fan Chen

    After cancelling record orders of US pork amid a raging trade war, China is ready to further cut back on US agricultural imports, analysts said. Last week, Chinese importers withdrew orders for 12,030 metric tonnes of American pork – the largest cancellation since May 2020, early in the Covid-19 pandemic – according to US Department of Agriculture figures.

  • 2 weeks ago | flipboard.com | Ralph Jennings |Fan Chen

    4 hours agoChina's latest response on tariffs sends shock into the marketChina denied engaging in any tariff negotiation with the U.S. China’s foreign ministry spokesperson said the U.S. should stop creating …2 hours agoApple to Shift All US iPhone Assembly to India Amid Tariff Turmoil, Report SaysThe manufacturing move aims to address massive US tariffs against China that could spur higher prices on the company's biggest-selling product.

  • 1 month ago | scmp.com | Fan Chen |Cheryl Arcibal

    A top executive at Al Nasser Holdings, a prominent conglomerate based in the United Arab Emirates (UAE), said his firm would strengthen cooperation with Hong Kong companies in financial services, sustainability and aviation.

  • 2 months ago | thestar.com.my | Fan Chen |Salina Li |Cheryl Arcibal

    Hong Kong’s weakening retail sales and slumping property market have sharply reduced the capital values of commercial real estate owned by celebrities like Nicholas Tse Ting-fung and the family of the late “King of Gambling” Stanley Ho Hung-sun. The Macau tycoon’s property at 20 Kimberley Street, Tsim Sha Tsui, has been put up for sale at HK$88 million (US$11.3 million), CBRE, the sole agent for the sale, said on Tuesday.

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