[ad_1] CNN — A butcher died while trying to slaughter a pig in Hong Kong on Friday, the city’s police said. The 61-year-old butcher, who worked in the Sheung Shui Slaughterhouse on the city’s northern outskirts close to its border with mainland China, was knocked to the ground by the …
Read More »Post-zero-Covid: What the return of Chinese tourists means for the global economy
[ad_1] Hong Kong CNN — In the years before Covid, China was the world’s most important source of international travelers. Its 155 million tourists spent more than a quarter of a trillion dollars beyond its borders in 2019. That largesse fell precipitously over the past three years as the country …
Read More »China to open border with Hong Kong after three years of tight control
[ad_1] Hong Kong CNN — The Chinese government announced on Thursday that it will reopen its border with Hong Kong on January 8, nearly three years after it was largely shut in an effort to contain the spread of Covid. Up to 60,000 Hong Kong residents will be able to …
Read More »China’s reopening brings both risks and opportunities: ADB
[ad_1] China’s reopening could bring opportunities as well as risks to its economy, Albert Park, chief economist at the Asian Development Bank told CNBC. Although the lifting of Covid restrictions in China would boost growth prospects for the country and other economies, it could also lead to an increase in …
Read More »China markets tank as protests erupt over Covid lockdowns
[ad_1] Hong Kong CNN Business — China’s major stock indices and its currency have opened sharply lower Monday, as widespread protests against the country’s stringent Covid-19 restrictions over the weekend roiled investor sentiment. Hong Kong’s Hang Seng (HSI) Index fell as much as 4.2% in early trading. It was last …
Read More »Hong Kong protest song plays instead of China anthem in rugby final mix-up
[ad_1] Hong Kong CNN — The Hong Kong government on Monday demanded an investigation after a song associated with the city’s pro-democracy movement was played instead of the Chinese national anthem before a rugby sevens match between Hong Kong and South Korea. Event organizers played an instrumental version of “Glory …
Read More »Guangzhou lockdown: Chinese are criticizing zero-Covid — in language censors don’t seem to understand
[ad_1] Hong Kong CNN — In many countries, cursing online about the government is so commonplace nobody bats an eye. But it’s not such an easy task on China’s heavily censored internet. That doesn’t appear to have stopped residents of Guangzhou from venting their frustration after their city – a …
Read More »Hong Kong Rugby Sevens back, but Covid rules remain
[ad_1] The Hong Kong Rugby Sevens tournament kicks off Friday for the first time since Covid-19 hit. While the city’s pandemic regulations remain strict, Chris Brooke, chairman of the Hong Kong Rugby Union, claimed demand to attend the event remains high. “I think people are looking forward to a fun …
Read More »‘The worst is behind us’: Hong Kong hosts top bankers for finance summit
[ad_1] Hong Kong CNN Business — Hong Kong leader John Lee sought to drum up confidence in the city’s future as a global financial hub on Wednesday, as he welcomed some of Wall Street’s top executives to its biggest international event in years. Speaking at an investment summit that has …
Read More »China’s yuan tumbles to a new record low amid fears about Xi’s third term
[ad_1] Hong Kong CNN Business — China’s yuan tumbled to an all-time low on international markets on Tuesday, as investors fled Chinese assets amid fears about Xi Jinping’s shocking move to tighten his grip on power at a major leadership reshuffle. In trading outside of mainland China, the yuan briefly …
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