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US-China ‘Board of Investment’ stalls before expected Trump-Xi meeting

World

US-China ‘Board of Investment’ stalls before expected Trump-Xi meeting

The US-China Board of Investment, one of the key outcomes of the May summit between US President Donald Trump and Chinese leader Xi Jinping, is unlikely to be among the deliverables for their expected meeting next month in Washington, according to the head of a leading bilateral business group. “I’m not seeing evidence yet that that’s going to be a sizeable deliverable for the next summit,” Sean…

The US-China Board of Investment, established as part of the May meeting between US President Donald Trump and Chinese leader Xi Jinping, is unlikely to feature in their upcoming summit in Washington, according to Sean Stein, president of the US-China Business Council. Stein noted that neither side has initiated consultations on the matter, indicating a lack of readiness for discussions with the private sector.

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Hong Kong student arrested over HK$3m scam deceived by same swindlers

Hong Kong student arrested over HK$3m scam deceived by same swindlers

Hong Kong police have arrested a 19-year-old university student accused of swindling more than HK$3 million from a man after apparently being hoodwinked by scammers herself. Inspector Wu Kwan-yu of Tseung Kwan O police district’s intelligence section said on Wednesday that officers arrested the female student the previous day on suspicion…

Chinese economic reformer Zhu Rongji dies aged 97

Chinese economic reformer Zhu Rongji dies aged 97

Former Chinese premier Zhu Rongji, who earned a reputation as an economic reformer, has died. He was 97. Zhu, who served as China’s premier from 1998 to 2003, is remembered for tackling corruption, shaking up the centrally planned economy and overhauling the state-owned enterprise (SOE) sector.

HK stocks finish Wednesday lower

The Hang Seng Index ended lower on Wednesday, finishing 0.83 percent lower at 25,440. The Hang Seng's China Enterprises and Tech indexes also finished the day lower, closing down nearly one percent.

Lifts not working properly at redeveloped QMH facility

The government said problems with lifts in Queen Mary Hospital's redevelopment project delayed the launch of clinical services there.

  • Lifts malfunctioning during QMH redevelopment delays clinical services.
  • Only 4 out of 28 lifts operational, report by Ming Pao.
  • Contractors instructed to fix lift issues by end of 2025.
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