EJ Insight

BUSINESS

Alibaba behind hit Chinese Communist Party app: report

Feb 19, 2019 9:47am

A Chinese government propaganda app that recently became a huge hit was developed by Alibaba, Reuters reports, citing two people at the company. “Xuexi Qiangguo”, which literally translates as “study to make China strong” and is...
Britain doesn’t support total Huawei network ban: report

Feb 19, 2019 9:44am

British security officials do not support a full ban of Huawei from national telecoms networks despite US allegations the Chinese firm and its products could be used by Beijing for spying, Reuters reports, citing sources with...
UK lawmakers slam Facebook and call for more regulation

Feb 19, 2019 9:22am

Facebook intentionally breached data privacy and competition law and should, along with other big tech firms, be subject to a new regulator to protect democracy and citizens’ rights, British lawmakers said on Monday. In a damning...
Auto industry lines up against possible US tariffs

Feb 19, 2019 9:11am

The US auto industry on Monday urged the Trump administration not to saddle imported cars and auto parts with steep tariffs, warning that the move would increase the costs for automakers and put jobs at risk,...
China: Time to open the monetary tool box

Sean Darby - Feb 18, 2019 2:46pm

The swift move in CSI 300 shares year to date appears to have wrong-footed investors, given that economic data releases are still poor. Meanwhile, authorities have begun to expand their monetary tool kit to ensure the...
Opinions mixed on HK future under Greater Bay Area plan

Feb 18, 2019 2:23pm

As Beijing is to unveil the blueprint for the Guangdong-Hong Kong-Macao Greater Bay Area, which is home to nearly 70 million people, opinions on the impact of the plan on Hong Kong are widely divided. The Outline...
How China private investment giant CMIG got mired in debt crisis

Ko Tin-yau - Feb 18, 2019 1:17pm

China Minsheng Investment Group (CMIG) recently failed to make a bond repayment. The group was jointly set up by 59 businessmen in 2014. Chinese Premier Li Keqiang attended the signing ceremony back then, underlying the central...
China’s Didi plans to enter Chile, Peru markets: report

Feb 18, 2019 9:30am

Chinese ride-hailing giant Didi Chuxing is planning to take on US rival Uber in some of Latin America’s fastest-growing markets, recruiting managers in Chile, Peru and Colombia, Reuters reports, citing job postings and a company official....
China aims to lure foreign investment into large SOEs

Feb 18, 2019 9:20am

China will seek to attract foreign investment into its larger state-owned enterprises (SOEs), which are undergoing reforms to make them more competitive, Reuters reports, citing the nation’s state asset regulator. Private and foreign firms should “actively...
ICBC wins nod to set up wealth management unit

Feb 18, 2019 9:08am

Industrial and Commercial Bank of China (ICBC), the country’s biggest-listed lender by assets, has won approval to set up a wealth management unit, Reuters reports. China’s five major commercial banks that have won a green light...

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WORLD

Din Tai Fung: a haven for dumpling lovers

Jennifer Wong - Feb 19, 2019 1:23pm

Din Tai Fung in Covent Garden, London, has been attracting a steady flow of dumpling pilgrims since it opened in December last year. This is not all surprising, considering that it has been ranked as one...
Alibaba behind hit Chinese Communist Party app: report

Feb 19, 2019 9:47am

A Chinese government propaganda app that recently became a huge hit was developed by Alibaba, Reuters reports, citing two people at the company. “Xuexi Qiangguo”, which literally translates as “study to make China strong” and is...
Trump urges Venezuelan military to ditch Maduro

Feb 19, 2019 8:53am

US President Donald Trump warned members of Venezuela’s military who remain loyal to socialist leader Nicolas Maduro that they are risking their future and their lives, Reuters reports. If military personnel continue supporting Maduro, they will...
Europe is losing the technology race. Here is why.

Daniel Lacalle - Feb 18, 2019 3:14pm

If we analyze the ranking of the main technological companies (2017), there is not a single European entity among the top fifteen. The vast majority are North American and Chinese companies. If we go to the...
Australia accuses foreign govt of cyber-attack on lawmakers

Feb 18, 2019 11:29am

A cyber-attack on Australian lawmakers that breached the networks of major political parties was probably carried out by a foreign government, Prime Minister Scott Morrison said on Monday. “Our cyber experts believe that a sophisticated state...

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Hong Kong

Govt to make last-ditch effort to push tunnel toll hike plan

Last month, the government attempted to move a non-binding motion in the Legislative Council in support of its proposal to adjust the tolls at three cross-harbour tunnels as a way to ease traffic congestion...
Why we must open HZMB to more private motorists

The Hong Kong-Zhuhai-Macao Bridge (HZMB) has been open to the public since October last year, but its low vehicle flow has raised widespread doubts on the wisdom of current government restrictions on the use...
Pro-Beijing camp goes for the jugular in Sham Shui Po DC poll

Sham Shui Po is likely to be a major battleground for the different contending parties in the District Council elections in November this year. At present, there are 23 elected members in the Sham...
Over 64,000 join HK Marathon; 29 runners taken to hospital

More than 64,000 people joined the Standard Chartered Hong Kong Marathon on Sunday, an event that saw organizers make extra arrangements to ensure the well-being and safety of the runners. According to officials, a...
Opinions mixed on HK future under Greater Bay Area plan

As Beijing is to unveil the blueprint for the Guangdong-Hong Kong-Macao Greater Bay Area, which is home to nearly 70 million people, opinions on the impact of the plan on Hong Kong are widely divided....