https://www.scmp.com/rss/323281/feed en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Eleven Hongkongers have been arrested and HK$30 million worth of products, including shark fin and bird’s nest, seized after customs authorities dismantled what was described as a “cunning” smuggling ring. Four men were first arrested at the Shenzhen Bay control point on Tuesday morning when HK$800,000 worth of bird’s nest and bottled red wine was found on board two seven-seater vehicles bound for the mainland. In a subsequent raid at a Yuen Long logistics site, officers arrested another six... https://www.scmp.com/news/hong-kong/law-crime/article/2087118/hong-kong-customs-busts-cunning-smuggling-ring-hk30-million?utm_source=rss_feed https://www.scmp.com/news/hong-kong/law-crime/article/2087118/hong-kong-customs-busts-cunning-smuggling-ring-hk30-million?utm_source=rss_feed Wed, 12 Apr 2017 11:56:26 +0000 For 15 years, China has been a key engine of global growth. But now that the investment-led boom has run its course, continued growth – in China and globally – will depend on urban Chinese consumers. By 2030, people living in cities will drive 91 per cent of global growth in consumption, and China is emphasising both urbanisation and a consumer-led growth model. The McKinsey Global Institute’s latest research is optimistic that China’s strategy will succeed. It foresees continued growth in the... https://www.scmp.com/comment/insight-opinion/article/2017988/how-chinas-growing-army-consumers-will-drive-global-growth?utm_source=rss_feed https://www.scmp.com/comment/insight-opinion/article/2017988/how-chinas-growing-army-consumers-will-drive-global-growth?utm_source=rss_feed Sun, 11 Sep 2016 00:01:19 +0000