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Asia Pacific

Soaring costs force more Chinese firms to look overseas

Soaring costs force more Chinese firms to look overseas

Chinese firms are increasingly eyeing opportunities outside of the country, with Africa becoming a favoured destination rather than locations in Asia, as business costs at home surge and the yuan depreciates.
Hong Kong’s economic rise doesn’t reflect stagnant quality of life, study shows

Hong Kong’s economic rise doesn’t reflect stagnant quality of life, study shows

Fifteen years of economic growth in Hong Kong has failed to improve people’s well-being, according to a recent study from one of the city’s leading policy think-tanks.
China’s latest signs of ‘stable growth’ will not quell investors’ long-term fears, say economists

China’s latest signs of ‘stable growth’ will not quell investors’ long-term fears, say economists

China’s third-quarter economic data on Wednesday might paint a picture of stable growth in the world’s second biggest economy, but the figures will not dissuade investors from worrying about the indebted country’s future, economists warn.
Hong Kong blind community calls for louder noise from electric cars to improve safety

Hong Kong blind community calls for louder noise from electric cars to improve safety

The silent nature of electric cars may improve quality of life, but Hong Kong’s blind community has demanded the city’s e-vehicles emit a louder noise, claiming their quietness threatens the safety of the visually impaired, the Post has learned.
Beijing’s Zero Zero Robotics launches world’s first ‘selfie’ drone

Beijing’s Zero Zero Robotics launches world’s first ‘selfie’ drone

When Wang Mengqiu, the founder of Beijing-based startup Zero Zero Robotics, told his friends two and a half years ago he wanted to build an artificially intelligent flying camera, they thought he was out of his mind.
Aborted property acquisition points to power shift at Li Ka-shing controlled companies

Aborted property acquisition points to power shift at Li Ka-shing controlled companies

A rift among two listed firms controlled by Hong Kong’s richest man Li Ka-shing is deepening after a HK$1.
Hong Kong ranks third in Asia-Pacific region for efforts to curb illicit trade

Hong Kong ranks third in Asia-Pacific region for efforts to curb illicit trade

Hong Kong has ranked third among 17 Asia-Pacific economies for its efforts to combat illicit trade, according to a new study, as a researcher warned of an increasing trend of fake goods being used to fund terrorism.
A step backwards? Chinese cities’ harsh draft rules against car-hailing apps ‘hinder innovation’

A step backwards? Chinese cities’ harsh draft rules against car-hailing apps ‘hinder innovation’

China’s biggest cities have unveiled strict draft rules to regulate popular car-hailing services, sparking criticism that the proposed regulations will suffocate the booming industry and stifle innovation.
Fears of rising fuel prices put the brakes on Chinese car market sentiment

Fears of rising fuel prices put the brakes on Chinese car market sentiment

The possibility of rising fuel prices shook consumer confidence in the Chinese car market last month, with sentiment falling despite plenty of enthusiasm for buying vehicles, according to a new report.
Is Beijing’s growing power threatened by foreign influence and conflict? Chinese people seem to think so

Is Beijing’s growing power threatened by foreign influence and conflict? Chinese people seem to think so

Most Chinese people recognise China’s growing prominence on the world stage but have also become more wary of “foreign influence” and potential military conflict from simmering territorial disputes, a survey has found.