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3.2% economic growth in 2025 despite low consumption, Hong Kong finance chief says
2+ hour, 34+ min ago (312+ words) " You've read article/s this month. Support Team HKFP " Members of HK$150+/month unlock 8 benefits including ad-free browsing, feature previews, exclusive columns and a free gift. Promos disabled for members. Hong Kong saw an increase in economic growth of 3.2 per…...
China consumer prices rise at fastest pace since 2023
1+ week, 3+ hour ago (332+ words) Chinese consumer prices rose last month at their fastest pace in nearly three years, official data showed Friday, extending a period of growth following months of deflationary pressure in the world's second-largest economy. The consumer price index (CPI), a key…...
The economic reality facing China as party leaders huddle
2+ mon, 3+ week ago (693+ words) Members of HK$150/month unlock 8 benefits: An HKFP deer keyring or tote; exclusive Tim Hamlett columns; feature previews; merch drops/discounts; "behind the scenes" insights; a chance to join newsroom Q&As, early access to our Annual/Transparency Report & all…...
Policy Address 2025: Hong Kong to slash residential price threshold for investment immigration scheme
3+ mon, 4+ week ago (282+ words) Hong Kong will lower the price threshold for property purchases under'an investment immigration scheme that was revived last year to attract more foreign capital, the city's leader John Lee has announced. The minimum threshold for a residential property will be…...
China manufacturing shrinks in August despite new US trade truce
4+ mon, 2+ week ago (289+ words) China's factory output ticked up in August but still recorded a fifth straight month of contraction, official data showed Sunday, as Beijing and Washington press on with trade talks. The Purchasing Managers' Index " a key measure of industrial output " was…...
Hong Kong restaurant barred from hiring imported workers under gov’t scheme after firing locals
4+ mon, 2+ week ago (369+ words) A Chinese restaurant in Hong Kong has been barred from hiring imported workers under a government scheme for two years as an administrative sanction for sacking local employees. The Labour Department announced on Friday that it would penalise Top One…...
Hong Kong may see surplus in current financial year, defying previous forecasts of continuing deficit
5+ mon, 1+ week ago (374+ words) Hong Kong may see a surplus in the current financial year, the city's finance chief has said, defying previous forecasts of recording a deficit for the fourth straight year. Hong Kong has seen improved performance in retail sales and the…...
China mulls economy-boosting measures to counter 'severe situation"
5+ mon, 4+ week ago (730+ words) China has a "plentiful" toolbox to avoid an economic slump in the second half of the year, its commerce minister said Friday as he admitted it faced a "very severe and complex situation". Growth hit 5.2 percent in the second quarter,…...