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1. China’s consumer prices keep rising after holiday spending surge

   China’s consumer prices rose during the first two months of the year as a longer-than-usual Chinese New Year holiday drove a surge in spending, though analysts cautioned that Beijing might need to implement stronger measures to boost demand to sustain the recovery. The national consumer price index (CPI), a crucial gauge of inflation, rose by 0.8 per cent year on year during the January-February...

2. US begins large military exercise with South Korea while attacking Iran

   The United States began a large military exercise with South Korea involving thousands of troops Monday while also waging an escalating war in the Middle East. South Korea’s Joint Chiefs of Staff has said about 18,000 Korean troops would take part in Freedom Shield, which runs through March 19. US Forces Korea has not confirmed the number of American troops participating in the training in South...

3. Malaysia’s new plan to beat obesity: slash gym licence fees in Kuala Lumpur

   Malaysia has cut operating licence fees for gyms in Kuala Lumpur by 80 per cent, offering fitness operators a regulatory “carrot” as the government tries to push residents in one of Southeast Asia’s heaviest countries to exercise more. The move comes as Malaysia grapples with some of the region’s highest obesity rates – a problem health officials say is especially pronounced in sedentary urban...

4. Why China’s critical mineral dominance is still disrupting US supply chains

   American companies are grappling with a shortage of critical minerals used in daily operations despite China easing some of its export controls, according to industry insiders. After Beijing and Washington agreed to a so-called trade truce last November, the Ministry of Commerce issued a notice suspending a ban on shipments of gallium, germanium and antimony to the US for one year. But China’s...

5. Hong Kong developers test home-market recovery by raising prices, trimming discounts

   Developers in Hong Kong are testing the housing market’s recovery by nudging prices up or paring discounts as improving sentiment and a rebound in transactions boost confidence in the city’s property sector. But analysts said the moves remained uneven, with many newly launched projects still offering sizeable concessions as developers continued to prioritise clearing unsold inventory accumulated...

6. Beijing’s message is clear: Hong Kong must shape up and speed up

   The annual “two sessions” in Beijing are under way, and this year the annual ritual of reading tea leaves in this city has been made easier for politics watchers. That is because Beijing has been blunt about the problems it thinks our city faces. There is the usual praise for the Hong Kong government and Chief Executive John Lee Ka-chiu’s leadership. One striking difference is that Premier Li...

7. In world full of turmoil, China ‘stands firm as a mountain’ with compatriots

   China has vowed to firmly safeguard its overseas interests – a core objective reaffirmed in its latest five-year plan – at a time when global volatility is testing supply chains and regional influence. Foreign Minister Wang Yi said on Sunday that Beijing would continue to strengthen its capacity to protect Chinese interests and citizens abroad, put the people first, and develop a global system...

8. Agility and adaptability are in Hong Kong’s DNA, former leader CY Leung says

   Escalating geopolitical tensions will not derail Hong Kong’s goal set out in the country’s 15th five-year plan and its efforts to implement the blueprint, former leader Leung Chun-ying has said, describing agility and adaptability as in the city’s DNA. The vice-chairman of the Chinese People’s Political Consultative Conference, the country’s top political advisory body, also said that Beijing...

9. China girl writes farewell note, offers US$120 to pamper parents, highlights left-behind kids’ lives

   A little girl from central China has touched millions of hearts online with a handwritten farewell message and money for her parents as they left for work. Xinyu, a 10-year-old from Shangqiu, Henan province, is raised by her grandmother with her younger brother while her parents work in Suzhou, eastern China. According to mainland reports, her parents only return home once a year during the...

10. Fears over Exchange Fund discipline overblown: Hong Kong’s dollar peg architect

    Hong Kong has adequate safeguards to prevent any misuse of the Exchange Fund, according to the economist known as the “father of the city’s dollar peg”, who called concerns over the government’s decision to draw from the de facto sovereign wealth fund “a little overblown”. John Greenwood said the government’s plan to transfer HK$150 billion (US$19.1 billion) from the fund – which plays an...