China

BEIJING, Oct 31 (APP): Project Director of the Investment Committee of the Prime Minister’s Office of Pakistan Abdul Sami has said that the Pakistani government believed that the China-Pakistan Economic Corridor (CPEC) was a gateway to Pakistan’s progress and prosperity, and it offered many opportunities for development.

BEIJING (Reuters) - China will ensure Hong Kong’s prosperity and stability and protect national security in the face of unrest there, the ruling Communist Party said on Thursday after a meeting of its senior leadership,

The former British colony, which reverted to Beijing’s rule in 1997, has been convulsed by often-violent protests over the past five months, prompting China’s central government to issue strict warnings that it will not allow the turmoil to continue.

HONG KONG (Reuters) - Hong Kong police tightened security ahead of possible clashes between masked pro-democracy protesters and Halloween fancy-dress clubbers as the Chinese-ruled city confirmed it was in economic recession after months of unrest and trade tensions.

The demonstrators, many of whom still wear banned face masks, are planning to march from Victoria Park in the Causeway Bay shopping district to the hilly, narrow streets of the Lan Kwai Fong bar district above Central, the scene of a deadly New Year’s stampede nearly 27 years ago.

BEIJING (AP) — Most Asian stock markets followed Wall Street higher on Thursday after the Federal Reserve cut a key interest rate.

Tokyo, Hong Kong and Seoul advanced. Shanghai retreated 0.1% after Chinese factory activity weakened more than expected in October.

Investors welcomed the Fed’s third rate cut this year to shore up economic growth amid a bruising U.S.-China trade war. The Fed indicated it won’t cut rates again unless the outlook worsens.

Beijing, Oct 30 (AFP/PTI) Beijing expressed "approval and support" Wednesday for the disqualification of Hong Kong democracy activist Joshua Wong from upcoming local elections, after months of protests in the semi-autonomous city.

Wong, one of the most prominent figures in the otherwise leaderless movement, accused the Hong Kong government of "political screening" after an election officer ruled his nomination for the November poll invalid on Tuesday.

BEIJING, Oct. 30 (Xinhua) -- At the invitation of Chinese President Xi Jinping, leaders of four countries will attend the opening ceremony and related events of the second China International Import Expo (CIIE) which runs from Nov. 5 to 10 in Shanghai, a Foreign Ministry spokesperson announced Wednesday.

Spokesperson Hua Chunying said the leaders include French President Emmanuel Macron, Greek Prime Minister Kyriakos Mitsotakis, Jamaican Prime Minister Andrew Holness and Serbian Prime Minister Ana Brnabic.

BEIJING, Oct 29 (APP): The PowerChina, a state-owned company, has so far completed around 40 various projects at a cost of $ 6 billion in different parts of Pakistan.

“Besides, as many as 22 projects are currently being executed with a total contract value of about $ 2.8 billion,” said Director of Party Affairs Corporate Culture Department SUN Degao while taking to a group of journalists.

HONG KONG (AP) — Hong Kong authorities barred high-profile pro-democracy activist Joshua Wong from an election, and the city’s leader ruled out political solutions before the end of the violent protests gripping the semi-autonomous Chinese territory.

The developments Tuesday were likely to further widen divisions in Hong Kong, which has been wracked by more than four months of unrest driven in part by demands for political reform. Hong Kong’s leader, Carrie Lam, also warned that the Asian financial hub was on the brink of an economic recession.

LHASA, Oct 28 (NNN-XINHUA) – Over 8,000 tonnes of goods have been cleared to be exported to Nepal, through Zham port, in southwest China’s Tibet Autonomous Region, since it reopened in May.

According to the Xigaze government, an estimated 8,052 tonnes of goods, worth over 100 million yuan (about 14.1 million U.S. dollars), were exported via Zham, after the land port to Nepal resumed cargo transport on May 29.

Apples accounted for nearly one-third of the total trade, followed by other agricultural products, as well as, shoes and clothing, the local government said.

HONG KONG (Reuters) - Hong Kong has fallen into recession, hit by five months of anti-government protests that erupted in flames at the weekend, and is unlikely to achieve any growth this year, the city’s Financial Secretary said.

Black-clad and masked demonstrators set fire to shops and hurled petrol bombs at police on Sunday following a now-familiar pattern, with police responding with tear gas, water cannon and rubber bullets.