HONG KONG—The chance of finding 27 crew members alive from a vessel that snapped in two as tropical storm Chaba passed through Hong Kong and southern China is “very slim,” government rescue authorities said on Sunday, as the search for those missing continued. On Saturday, authorities rescued three of 30 crew members as strong winds…
Chance of Finding Missing Crew Off Hong Kong ‘Very Slim’ After Storm: Authorities
Canadian Immigrant Opened Shop to Help Cancer-Stricken Brother and to Support the ‘Lifeboat Scheme’
The year 2019 was an extraordinary year for Mavis and her family. As a Hongkonger who emigrated to Canada this was particularly harsh to swallow. She was then 10 months into her pregnancy and was expecting the arrival of the new-born anytime soon. Just as life and work of the two siblings (Mavis and her…
Bad Weather Welcomes Xi Jinping’s Visit to Hong Kong; Same Happened to Former CCP Leaders
Chinese Leader Xi Jinping encountered stormy weather during his latest visit to Hong Kong. However, he is not the only one. All previous leaders of the Chinese Communist Party (CCP) had suffered violent storms during their visits to Hong Kong. Tropical Storm on Xi’s Visit Xi Jinping visited Hong Kong on June 30 and July…
Mercer Study Shows Hong Kong Is the Most Pricey City in the World for Expats
July 4, 2022
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a survey study by MercerChinadriven by inflation and strong currency policy.HK LifeHong KongHong Kong ranks first in the 2022 Cost of Living for Expat Employees
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Under the influence of the global pandemic crisis and the Russo-Ukrainian war, inflation and currency fluctuations are affecting the international economic balance and the cost of living for everyone. The Cost of Living Survey of International Employees, a survey study by Mercer, a renowned asset management firm in the United States, provides multinational employers with…
Australia Continues Migration Scheme With Priority Processing for Hongkongers
After the implementation of the national security law in Hong Kong, Australia introduced immigration measures to lower the threshold for Hong Kong residents to immigrate to Australia and prioritized the applications in the category of skilled workers. The Australian Government introduced the immigration scheme “Hong Kong stream” for Hong Kong residents in July 2020. Under…
Hongkong Exile Fled to Canada for Asylum, Says CCP Destroyed the Future of Hong Kong Youth
Wong Yee, an exile who used to frequent anti-extradition protests as a backup for her comrades, has recently fled to Vancouver, Canada. Wong recalled protesters’ daily terrors, “You will always be wary of whether the police will suddenly show up right next to you, subdue you and arrest you. That anxiety has always been in…
Henley & Partners Report: Russia, China Top-Ranked in Net Outflows of Millionaires in 2022, Hong Kong Ranks No. 4
Geopolitical uncertainty has prompted the move of global wealth. Intensifying the power struggle within the China Communist Party (CCP), the crackdown on democracy and human rights in Hong Kong have turned both places into a country/region with a large outflow of tycoons. It is projected that the net outflow of high net worth individuals (HNWI)…
G7 Leaders and Scholars Criticize CCP for Shredding Hong Kong’s Autonomy and Economy
Chinese Leader Xi Jinping, traveled to Hong Kong on July 1, 2022, to celebrate the 25th anniversary of China’s takeover of Hong Kong in 1997. In his speech at the inauguration ceremony of the sixth chief executive of Hong Kong, Xi repeatedly mentioned “one country, two systems,” praising how “great” it is, but this received…
Opinion: Hong Kong’s 25th Anniversary Celebration
July 3, 2022
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Commentary As Hong Kong, or perhaps more accurately its government, prepared to celebrate a quarter century as a special autonomous region (SAR) of China and the inauguration of a new chief executive, Beijing’s hand-picked candidate John Lee, the atmosphere was more one of manufactured gaiety than genuine joy. District councils and sundry “patriotic” organizations put…
Behind China and Hong Kong’s Different Responses to US Interest Rate Hikes
July 3, 2022
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AnalysisBusiness & Marketscentral banksChinaChina Business & EconomyChina's central bankchina's property marketeconomic policieseconomyexchange rateHKMAHong Konginflationinterest rate hikemonetary policyOpinionproperty marketsoaring inflation
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News analysis Amid soaring inflation, mainland China and Hong Kong central banks chose to respond in opposing ways to the U.S. Federal Reserve’s aggressive interest rate hikes, with China loosening its monetary policy, and Hong Kong raising interest rates. On June 15, the Fed raised the primary credit rate by 75 basis points, the largest increase…
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