By allowing local governments and state-owned enterprises to buy unsold land and housing from distressed developers, China is betting a property slump weighing down the economy can be stopped once and for all.
Taiwan Affairs Office says the address stubbornly adhered to an independence stance, which will ‘never be tolerated’.
Iran’s president was declared dead on Monday after rescue teams found his crashed helicopter in a fog-shrouded western mountain region.
Analysts say the deal is ‘more likely’ to be concluded after Britain’s general election, but discussions could restart should there be a new government.
Consumer and entrepreneur confidence should ‘continue to pick up from this point’ as Beijing’s efforts strengthen the capital markets and enhance Hong Kong’s connector role, say speakers at the Greater China Private Equity Summit.
Insider says police will seek legal advice from Department of Justice to ascertain if the prosecution can go ahead, adds chances are high.
William Lai Ching-te, branded a ‘troublemaker’ by Beijing, is expected to give clues about his cross-strait policy in his inaugural address.
Alibaba’s Tmall Luxury Pavilion is the first e-commerce platform to collaborate with major luxury groups such as LVMH, Richemont and Kering, uplifting sales for high-end brands using new digital strategies.
Breakthrough will help researchers better understand the origin and evolution of magnetism in the universe.
Former DPP chairman Cho Jung-tai is chief of the 34-member cabinet, with familiar faces in key roles.
Southeast Asia welcomes India’s presence ‘with open arms’, New Delhi-based observers say – though there’s always a risk such military posturing could provoke an aggressive Chinese response.
Mainland online retailers JD.com and Alibaba’s Tmall on Monday started offering deeper discounts on iPhone 15 models.
Eating plant-heavy diets will help us reduce greenhouse emissions, and nudge theory – small interventions and gentle persuasion – is being used to persuade people to change their habits.
In his first speech as leader, Lai omits any reference to the 1992 consensus, saying the two sides of the Taiwan Strait ‘are not subordinate to each other’.
Mohammad Mokhber is expected to serve as caretaker president for some 50 days before mandatory presidential elections in Iran.
It is an indisputable fact that there’s nothing better than a cold beer on a hot day. Now it can be backed up with science.
In her Eden show, coming soon to Hong Kong, Grammy Award-winning mezzo-soprano Joyce DiDonato doesn’t just sing about nature – she hands audience members seeds to sow to bring them closer to nature.
Philippine lawmakers and officials are protesting against a new policy allowing China’s coastguard to detain suspects from next month.
Tesla’s closest rival in China’s EV market reported a major setback in the first quarter, after earnings and deliveries slumped from the preceding three months. Margins eroded amid price discounting.
Macau leader Ho Iat-seng says Xia Baolong did not talk about matters concerning coming chief executive election during seven-day visit.
New measure should raise Hong Kong’s profile as cruise ship destination and its role in multi-stop itineraries for Greater Bay Area, tourism authorities say.
The private bank has increased its headcount, mainly relationship managers and senior bankers, by 15 per cent this year. It sees Hong Kong, Singapore and Dubai as stepping stones to expand its business.
Official says the plan is to build a control point in Luohu, with co-location arrangements adopted.
Open Questions is a new series of South China Morning Post interviews with global opinion leaders.
Ma, one of the country’s hottest fiction authors, combines thrilling plots with historical detail to create stories that are ‘both exciting and plausible’, winning acclaim as young people embrace cultural heritage and ‘China-chic’ trend.
Famous for his celebrity-packed chain of Chinese restaurants, 85-year-old Michael Chow talks about facing prejudice, and why he wants to be known as the world’s greatest living artist.
Fresh US tariffs targeting China’s new-energy sector are imminent, threatening to thwart export efforts aimed at alleviating a market oversupply.