Category: South China Morning Post

Cash-strapped small Hong Kong landlords to be offered interest-free loans as part of new government policy for delayed rent collection

By Chris Lau The Hong Kong government will offer interest-free loans to small commercial property owners affected by its latest anti-epidemic policy that could prevent them from collecting rent for up to six months, the city’s finance chief said on Saturday.Financial Secretary Paul Chan Mo-po said authorities would step in to pay struggling landlords three […]

Ukraine invasion: Chinese chip makers a wild card in US-led sanction push against Russia

By Bloomberg The Biden administration and EU’s call for sanctions against Russia will jeopardise the country’s ability to buy semiconductors and other technology – and it could affect military technologies in the future. The US government on Thursday said it will implement export controls designed to cut Russia off from semiconductors and other advanced technology […]

How mainland Chinese transport plane highlighted ‘serious weaknesses’ in Taiwan’s air defences

By Minnie Chan The failure by Taiwan’s military to spot a civilian plane from mainland China near an islet held by Taipei earlier this month has highlighted a “serious weakness” in its radar system, a former instructor has said.Last week Taiwan’s defence ministry confirmed that “an unidentified fixed-wing twin-propeller aircraft” that flew close to Dongyin […]