A strong US dollar is sparking short-lived cyclical swings for the economy of Hong Kong. From a broader perspective, however, the economy is confronting structural issues that must be addressed to sustain long-term growth.
The US Federal Reserve's (Fed) termination last year of its quantitative easing (QE) program and strong indications that it will likely hike interest rates in June at the earliest have pushed the greenback to new highs against major currencies since the second half of 2014, with the broad US dollar index rallying 10 percent in the latter half of last year.
Boston's first direct flight to Hong Kong will give the city a piece of the economic action in China, according to the Massachusetts Port Authority CEO.
Hong Kong will work harder to boost the city's tourism competitiveness, Secretary for Commerce and Economic Development of Hong Kong Special Administrative Regions government Gregory So said here on Thursday.
Hong Kong will tighten up inspection of food imported by sea after reports that radioactive produce from Japan may have passed through Kwai Chung Container Terminal, the city's Food and Environmental Hygiene Department said here on Tuesday.
Hong Kong mourned the loss on Monday of Lu Ping, the central government official who oversaw Hong Kong's return to the motherland.
Both sides of the Taiwan Straits should build a community of shared destiny and settle political differences through consultation as equals, Xi Jinping said.
Police in Hong Kong have arrested one suspect in the abduction of the heiress of an apparel chain's founder, and the rest of the gang is thought to be hiding in the city's hilly countryside.
The meeting took place in the Great Hall of the People and is the first between Xi and Chu, drawing broad attention and expectations.
Eric Chu, chairman of the Kuomintang, pledged better cross-Straits development on Sunday, saying the KMT will be responsible for "the public, the next generation and history".
China's State Council on Monday appointed Lo Wai Chung as police chief of Hong Kong Special Administrative Region (HKSAR).