The exodus of tens of thousands of professionals from Hong Kong, triggered by Beijing’s crackdown on its civil liberties, is being offset by new arrivals: mainland Chinese keen to move to the former British colony Source: Beijing’s crackdown fails to dim Hong Kong’s luster, as talent scheme lures Chinese Category: International
By Yuanyue Dang Forty-one officials held accountable, including city’s vice-mayor in charge of health, for fire at Changfeng Hospital that killed 29 people, according to state media. Police are investigating 20 others. Source: Chinese officials get warnings, demerits over deadly blaze at Beijing hospital in April
By Amanda Lee,Ji Siqi National People’s Congress ratifies plan to raise China’s budget deficit ratio, approving 1 trillion yuan (US$137 billion) of sovereign bonds and allowing local governments to front-load part of their 2024 bond quota. Source: China’s 1 trillion yuan sovereign debt plan offers ‘positive growth implications’, Beijing eager to strengthen down the road […]