To drive future economic development and create new growth engines, Hong Kong must further capitalize on its role as an international gateway and hub to mainland China.
Since the 1990s, housing reform has triggered a wave of marketization in China's real estate market, leading to the rapid development of the real estate industry in the following two decades.
US Vice President Mike Pence, in a visit to Iceland, warned about his concern on Russia’s aggression in the Arctic and China’s increasing activities in the region. Pence is one of several senior US officials who frames US engagement in the Arctic targeting at Russia and China.
Does US-China rivalry represent a Cold War? The hallmark of the US-Soviet Cold War was the non-warring state of political tension between the two superpowers. However, the main characteristic of the China-US rivalry is their economic competition.
The US reclaimed global supercomputer leadership in 2019 with the Summit and Sierra, and China’s Sunway TaihuLight and Tianhe-2A are number 3 and 4 ranking supercomputers in the June 2019 TOP500 list.
The announcement by Facebook to launch a blockchain digital currency, Libra in 2020 opened the Pandora's box on the challenges toward currency. There was a chorus of US and international officials who voiced resistance to the tech giant operating its own digital money.
The International North-South Transport Corridor is a transit route designed to facilitate the carriage of goods from Mumbai in India to Helsinki in Finland, using Iranian ports and railroads, which Tehran plans to connect to those of Azerbaijan and Russia and its Baltic ports.
In 2016, the Chinese government provided over RMB 33 million for the Pilot Project for Poverty Reduction Cooperation in East Asia which is based on technical and financial support from China for the specific purpose of poverty alleviation in Laos.