Preventing Hongkongers from spending their cash in mainland China would be an unrealistic and inappropriate move, Chief Executive John Lee Ka-chiu has said, arguing the city is in the midst of an economic upgrade and urging retailers to reinvent themselves. Speaking a day after his annual policy address, the city’s leader said the trend of […]
Chief Executive John Lee Ka-chiu announced an economic reform blueprint on Wednesday aimed at transforming Hong Kong’s traditional sectors such as finance, trade and shipping, and investing in new technology industries, while rolling out a bigger welcome mat for foreign talent and funds. In his third policy address since becoming Hong Kong’s leader, he also […]
Macao’s former top judge, Sam Hou Fai (AP Image) MACAO: Macao’s former top judge, Sam Hou Fai, was chosen as the Chinese casino hub’s next leader in a largely ceremonial election on Sunday, setting him up to become the city’s first chief executive born in mainland China.Almost the entire election committee stacked with Beijing loyalists […]