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Economic Development & Policy

Included topics:
Hong Kong plans to be a digital asset hub with stablecoins playing a key role. Photo: Shutterstock
Banking & finance

Editorial | Stablecoin launch delay shows Hong Kong would rather be safe than sorry

Given the complexity involved, it’s wise not to rush to meet any self-imposed deadline but to make sure a good framework is in place first.

China GDP

Exclusive | Andrew Tilton on China’s economic trajectory in wake of Iran war

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Hong Kong economy

Move over, Easter Bunny: cats are the stars in Hong Kong this holiday

China’s luxury spending seen boosting global sales in 2026 despite headwinds

Affluent Chinese consumers are expected to splurge, though a volatile property market and oil price shocks pose challenges, analysts say.

A huge, ship-shaped Louis Vuitton cultural and retail landmark is seen in Shanghai. China’s luxury spending is expected to help drive a global rebound this year. Photo: Getty Images

From ghost to giant: long skyscraper saga nears finish amid China property woes

Once deemed a ‘ghost tower’ and a benchmark of unfinished projects, the 596-metre building’s state-backed revival reflects efforts to rebuild confidence in fragile market.

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Hong Kong economy showed resilience in first quarter of 2026, Paul Chan says

In review of first-quarter performance, finance chief points to city’s attraction to investors seeking safe haven amid uncertainty.

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Hong Kong tourists choose safety, affordability with trips to mainland China

Travel industry leader says rise in airlines’ fuel surcharges and Mideast conflict have dampened Hongkongers’ desire to travel long distances.

Crowds at the West Kowloon high-speed rail terminus on Friday. Photo: Jelly Tse

How can Beijing lure top-tier Chinese AI professionals based abroad?

Strategy would help country transition from ‘major trainer’ of talent to ‘development highland’ as tech competition with US intensifies.

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Japanese chains lose ground in north China as competition and deflation bite

Store closures in Beijing and Tianjin highlight mounting pressure from domestic rivals amid shifting consumer habits.

Opinion | How China is transforming Hong Kong into a strategic hub

The city is moving beyond its traditional role to drive the nation’s financial and innovation future.

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Hong Kong’s skyline, viewed from Victoria Peak on March 3. Photo: Eugene Lee

Editorial | Hong Kong’s high-value tourism pivot makes sense for the city

If Hong Kong is to strengthen its credentials as an international city, it must appeal to visitors from different countries and cultures.

The Hong Kong skyline, as viewed from Tsim Sha Tsui on March 23. Under its new strategy, Hong Kong will allocate more of its budget to attracting foreign visitors. Photo: Eugene Lee

Hong Kong’s John Lee pledges to expand after-school care for low-income families

City leader says decision prompted by positive feedback from families who vouch that scheme gives them peace of mind to pursue careers.

Hong Kong IP festival Con-Con draws crowds on opening day

Visitors to two-day Con-Con Hong Kong 2026 stock up on exclusive merchandise at booths and take pictures of the latest figurines.

1 ticket wins HK$81 million in Hong Kong’s Mark Six Easter snowball draw

Winning numbers drawn were 20, 28, 32, 35, 40 and 45.

The outlet on Stanley Street is considered one of the luckiest by Mark Six players. Photo: Jonathan Wong

China’s GPS rival, BeiDou, dominates at home. Now, it aims to convert the world

China is overhauling its home-grown satellite navigation system as part of a push to expand the network’s global influence.

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A display shows the design of the BeiDou satellite navigation system in eastern China’s Shandong province. Photo: Getty Images

KMB told to probe machines that gave free bus rides as new HK$2 scheme launched

Faulty machines offered full rebates to customers who tapped their Octopus cards.

Competition or ‘co-opetition’: how is convergence shaping Sino-US AI race?

Speech by CEO of Chinese AI start-up at Nvidia event in US highlights symbiotic nature of tech relationship despite geopolitical tensions.

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Australia’s 180-degree shift from 5 years ago: China in favour; US out

Aussie comedian exposes the truth about nation’s feelings towards US president, democracy and public safety.

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An Australian tour revealed the nation’s growing sentiment of warming to China, while Trump’s tariffs and foreign policy have increasingly seen the US viewed with suspicion or as ‘unsafe’. Photo: AP

Washington launches export initiative to ensure ‘future of AI’ is led by US

Chinese competitors targeted as US companies invited to form consortiums to offer full-stack AI solutions around the world.

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China to boost frozen pork reserves as hog prices tumble to multi-year troughs

The national average hog price fell to an eight-year low of 10.68 yuan per kg in the fourth week of March.

Revamped transport fare scheme triggers concerns about cost for working elderly

Hong Kong’s revised scheme now requires elderly and people with disabilities to pay 20 per cent of fares for trips costing over HK$10.

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A sticker advertising Hong Kong’s HK$2 transport concessionary scheme is displayed on a minibus in Causeway Bay. Photo: Jelly Tse

Chinese airlines shed weight, add flights over Russia to trim fuel costs

Some carriers have even removed non-essential items like in-flight magazines from their planes.

An Air China plane at Moscow’s Sheremetyevo Airport. Photo: Shutterstock

685,000 Hongkongers head out of city at start of Easter holiday

More residents are travelling to mainland China for the break because of the Middle East war, Tourism Association head says.

Leapmotor targets global growth with Europe R&D hub, eyes Canada assembly

Chinese EV maker lifts overseas sales target as rising fuel costs and easing tariffs boost demand abroad.

More Hongkongers to travel over long Easter break despite higher costs

60 per cent of outbound travellers expected to head to mainland cities, with high-speed rail continuing to gain popularity as the preferred mode of transport.

Travel Industry Council executive director Fanny Yeung says recent fuel surcharge increases had not led to cancellations, as travellers had finalised plans by then. Photo: Eugene Lee

Rubio raises concerns over China’s detention of Panama-flagged ships

Panama’s decision to strip Panama Ports Company of its concessions is a test of US backing for countries challenging China, experts say.

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US Secretary of State Marco Rubio at the G7 Foreign Ministers’ meeting in Paris last month. Photo: Reuters

As Xi-Trump summit approaches, tariffs continue to choke direct trade

Deficit with mainland hits two-decade low as trade shifts to Taiwan, Mexico and Vietnam amid tariff fallout and efforts to stabilise ties.

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Looking for Easter holiday inspiration? Here’s what’s happening in Hong Kong

From a coffee festival to a Doraemon show, there’s plenty to do and see for both residents and visitors over the long weekend break.

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Economic Development & Policy
The latest news, analysis and opinion on Economic Development & Policy. In-depth analysis, industry insights and expert opinion.