How Chinese private enterprises thrive in high-quality development
The opening of the first regional office of an international legal body in Hong Kong will cement the city’s position as a global law hub, support its drive to attract global organisations and talent while deepening regional cooperation in legal issues, Chief Executive John Lee Ka-chiu has said. Lee’s remarks came as the International Institute for the Unification of Private Law (Unidroit), an independent intergovernmental body that aims to modernise and coordinate cross-border private law,...
Hong Kong’s new renovation monitoring body will encourage legitimate consultants and contractors previously plagued by intimidation from bid-rigging syndicates to return to the market, industry representatives have said, potentially lowering costs for homeowners in the long run. Renovation and construction sector players said on Monday that the new Building Maintenance Support and Services Council, headed by Financial Secretary Paul Chan Mo-po, would heighten scrutiny of the tendering process,...
A Chinese aviation specialist has reported that some high-pressure turbine blades in US-made GE Aerospace engines powering Boeing 787 aircraft have suffered unexpectedly early damage, leaving airlines with a difficult choice: replace the engines or continue flying under strict inspection requirements. The findings raise questions about the reliability of American aerospace products amid growing scrutiny of US manufacturing quality. According to the study, cracks can develop in some blades within...
Hong Kong’s corruption watchdog has charged two former senior executives of a Hong Kong-listed cleaning company with allegedly accepting more than HK$75 million (US$9.6 million) in bribes linked to the procurement of cleaning vehicles and their maintenance services. William Fung Chi-wang, 54, former director of Johnson Cleaning Services Company and former chief executive of its parent firm, and Jimmy Lee Sai-leung, 57, the company’s ex-general manager, were charged last Friday with one count of...
This article is the official English translation of the original Chinese document released by Xinhua.
Chinese researchers have mapped how energy from surface wind surges thousands of metres into the seabed, revealing massive underwater conduits they called “inertial chimneys”. The discovery, based on data collected by a US-funded ocean sensor array off the east coast of Japan, coupled with future long-term underwater monitoring, can provide underwater acoustic environmental support for marine detection and communication, the team said. The scientists from the Institute of Oceanology of the...
Joshua Cooper Ramo is chairman and CEO of Sornay, an investment and advisory firm. Previously he was CEO of Kissinger Associates. Ramo is the author of the new book Darwin’s Lock: America, China and the Shared Future of Nations. His 2004 analysis of “the Beijing consensus” contrasted the Western and Chinese economic development models. He is the author of two New York Times bestselling books and now lives in Shanghai with his family. For other interviews in the Open Questions series, click...
Strong government-industry partnership and interdisciplinary education are what make a university town financially viable and successful, the head of a University of Cambridge college has said, sharing the UK’s experience as Hong Kong develops its Northern Metropolis plan. In an interview with the South China Morning Post, Professor Girish Menon, president of Lucy Cavendish College, said Hong Kong’s cosmopolitan character made it “best placed” to place young people at the heart of its university...
Construction workers have been working late into the night in downtown Shenzhen as the city makes its final preparations for the Asia-Pacific Economic Cooperation summit in two weeks’ time. On a weekday night, a South China Morning Post reporter saw at least 50 construction workers gathered at an intersection about 1km (just over half a mile) from the Apec venues in the central district of Futian, laying down pebbles and planting trees along the pavements. The main road that leads up to the...
Yerevan Pathway sets course for biodiversity action
In the end, it was Winnie Ho Wing-yin, housing secretary at the time of the Wang Fuk Court fire in Tai Po, who took the rap. Her resignation came after weeks of talk within political circles suggesting that bureau chiefs would not have to bear responsibility for the tragedy that killed 168 people and displaced 1,984 families. These suggestions were met with shock. Some spoke out against such talk, including Andrew Fung Wai-kwong, former information coordinator for the Chief Executive’s Office,...
Top university research, cross-border data exchanges and access to mainland China’s large market have attracted Japanese firm Rohto Pharmaceutical to conduct clinical trials in Hong Kong, making it the first company from the country to partner with the city’s government under a flagship investment initiative. Rohto, known for its over-the-counter eye care and skincare products, is among the latest batch of 18 firms recruited by the Office for Attracting Strategic Enterprises (OASES), a...
