Fintech News & Trends in Hong Kong and Asia

China says counter-sanctions against US ‘fully justified’

In this July 8, 2021 photo, Foreign Ministry spokesperson Wang Wenbin speaks at a regular press conference of China's Foreign Ministry . (PHOTO TAKEN FROM THE FOREIGH MINISTRY'S WEBSITE) BEIJING – China's counter-sanctions against several US officials are fully justified moves to safeguard its own sovereignty, security and development interests, a Foreign Ministry spokesperson said […]

6.9-magnitude quake in Qinghai prompts emergency response

People wait outside residential buildings as an earthquake hit Xining, Northwest China's Qinghai province, Jan 8, 2022. (XINHUA) XINING – An emergency disaster relief response has been initiated after a 6.9-magnitude earthquake jolted Menyuan county in Northwest China's Qinghai province at 1:45 am Saturday. The epicenter was monitored at 37.77 degrees north latitude and 101.26 […]

Snow halts trains in central China

Snow blankets the Xiaoxiang station of the ultra-high voltage transmission line of Nanchang-Changsha in Changsha county of Changsha city, central China's Hunan province, Dec 26, 2021. (CHENG ZEGUO/XINHUA) CHANGSHA – The first winter snow in central China's Hunan province on Sunday has brought ice and frost to the region, affecting traffic. READ MORE: China issues yellow […]

Top procuratorate orders arrest of ex-senior provincial advisor

A prosecutor briefs visitors during an open day of China's Supreme People's Procuratorate on Dec 4, 2018 in Beijing. (PHOTO / XINHUA) BEIJING – China's Supreme People's Procuratorate (SPP) has ordered the arrest of Xiao Yi, a former senior political advisor in east China's Jiangxi province, for suspected bribe-taking and abuse of power. ALSO READ: China […]

China lodges representations over former Japan PM’s remarks

This file photo dated Sept 16, 2020 shows Japan's former prime minister Shinzo Abe in Tokyo. (KAZUHIRO NOGI / AFP) BEIJING – China's Assistant Foreign Minister Hua Chunying on Wednesday night called an urgent meeting with Japanese Ambassador to China Tarumi Hideo to lodge solemn representations over former Japanese Prime Minister Shinzo Abe's erroneous remarks concerning China. […]