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26d06/02

China-UK ties thaw: Wang Yi urges that they ‘further communicate and align our positions’

China and Britain have pledged to enhance high-level exchanges and deepen cooperation amid a turbulent global landscape, following a meeting of their top diplomats in Beijing. Chinese Foreign Minister Wang Yi told visiting British Foreign Secretary Yvette Cooper on Tuesday that their countries needed to further communicate and align their positions. “We need to … anchor ourselves to the positioning of a long-term and stable China-UK comprehensive strategic partnership, strengthen high-level...

unclassifiedchina · asia · usa
26d06/02

China’s Tiger Brokers reports strong results, with no mention of trading crackdown

Tiger Brokers reported a 17.5 per cent year-on-year jump in first-quarter operating profit in an announcement on Tuesday, without any mention of the looming punishment from China’s securities regulator over alleged unlicensed cross-border trading services. Tiger Brokers said its operating profit rose to US$47.6 million in the three months ended March 31, while revenue climbed 26.3 per cent from a year earlier to US$154.9 million. The growth was driven by a 536 per cent surge in Hong Kong trading

unclassifiedchina · asia · usa
26d06/02

Hong Kong tribunal rejects request to postpone Wang Fuk Court owners’ meeting

The Lands Tribunal has dismissed a government-appointed administrator’s request to postpone an extraordinary general meeting of owners at Hong Kong’s fire-ravaged Wang Fuk Court, ruling it lacks the authority to do so. Presiding officer Gary Lam Chin-ching on Tuesday urged Hop On Management Company to convene the meeting immediately so it could be held on June 13, in line with the requirements of the Building Management Ordinance. In a written judgment, Lam ruled that the ordinance did not...

unclassifiedchina · asia · uk
26d06/02

Sweden prepares prisons for 13-year-old gang killers

A surge in gang-related shootings and bombings over the last decade, dozens of which were carried out by minors, has set Sweden apart from its European peers and left authorities an urgent problem: what to do with children who kill. The government, in power since 2022 and heading into a tight election in September where crime is a key issue, says the softly-softly approach of the past has failed and it is time to get ‌tough by sending children aged under 15 to prison rather than into social...

unclassifiedchina · asia · europe
26d06/02war-conflict · 2/5

How adversity has guided the path of Chinese civilisation through the ages

Places well-endowed with natural resources don’t usually become great powers or world-conquering empires. If anything, many suffer from the “resource curse”, which corrupts the domestic elite and invites foreign intervention, exploitation or outright colonisation. Like people, communities or nations that have fought to overcome adversity and disadvantages often become the most successful. Challenges – whether natural, geographical, social or military – make them fighters and winners. New...

unclassifiedchina · asia · usa
26d06/02

China Solar Makers Launch Space Energy Development Alliance

China’s solar manufacturing industry on Tuesday launched a so-called Space Energy Development Alliance as the Chinese solar sector looks to conquering new frontiers amid oversupply at home. At this year’s SNEC PV+ conference in Shanghai, one of the biggest solar industry gatherings in the world, Chinese manufacturers launched the platform, but were stingy on details about projects or missions in the race to harness solar power in space. GCL Technology Holdings Ltd, Trina Solar Co, and Shi Zhengr

unclassifiedmiddle-east · russia · usa
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