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US protectionism hits China hardest, and Chinese are more averse to trade because of it, study finds
If China makes trade concessions to US in the face of strong domestic opposition, it ‘would risk a potentially destabilising domestic backlash’, according to a PIIE study that cites ‘worrying implications’ for open trade. ⌘ Read more

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Japan eyes restart of nuclear plants offline since 2011 Fukushima disaster as temperatures soar
Soaring temperatures and a looming power crunch have prompted Japan to speed up reviews of the dozens of nuclear reactors that were shut down in the wake of Fukushima disaster. Nuclear power used to account for about 30 per cent of Japan’s energy mix before 2011. ⌘ Read more

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China’s easing of zero-Covid restraints set to release stocks into bull-market territory for first time in three years
A change in quarantine rules comes as the CSI 300 Index is within about 2 per cent of bull-market status, but opinions differ over how heavily Beijing’s zero-Covid policy still weighs on the market ⌘ Read more

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Coronavirus: Hong Kong business leader calls for quota boost in quarantine-free ‘Return2HK’ scheme in light of mainland China easing rules for arrivals
Allen Shi of the Chinese Manufacturers’ Association of Hong Kong says he expects more residents to travel to mainland China as a result of Beijing relaxing its policy. ⌘ Read more

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G7 infrastructure plan to rival Belt and Road Initiative could force Chinese firms to ‘match global standards’
The G7’s Global Investment and Infrastructure Partnership, which is seen as an alternative to the Belt and Road Initiative, is likely to force Beijing to pay greater attention to the standards of its own investments, analysts say. ⌘ Read more

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Donald Trump tried to strangle Secret Service agent in attempt to reach Capitol on day of riots, aide testifies
‘The president had a very strong, very angry response to’ being told that he was not being taken to the Capitol that day, Cassidy Hutchinson said. Trump lunged towards Secret Service agent Bobby Engel. ⌘ Read more

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Amid heatwaves and floods, time is running out for rich nations to fulfil climate pledges and avert catastrophe
The current pledges of financial and policy support are nowhere near enough to meet the goal of limiting global warming to 1.5 degrees. Instead of protecting carbon-emitting industries, the world needs economic diversification and green jobs for a just, sustainable transition. ⌘ Read more

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Ghislaine Maxwell sentenced to 20 years for helping Jeffrey Epstein sexually abuse teenage girls
The British socialite was convicted for grooming 4 girls to have sexual encounters with Epstein, then her boyfriend. Trial was seen as the reckoning Epstein – who killed himself in a Manhattan prison cell – never had. ⌘ Read more

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More than 10 journalists denied permission to cover Hong Kong handover anniversary events due to security reasons, reporters’ group says
Post photographer among those denied permission to cover celebratory events on July 1. Other rejected applicants include photographer from Information Services Department and journalists from Reuters and Agence France-Press. ⌘ Read more

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Chinese video gaming billionaire plans relocation with family abroad after draconian Shanghai lockdown
XD co-founder and CEO Huang Yimeng has told colleagues he is making preparations to move out of China, as a rising number of Chinese middle-class families are contemplating relocation to escape strict Covid-19 control measures. ⌘ Read more

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Love and courage in China: woman proves children don’t get in the way of goals, 12-year-old helps minor get home and son builds 700kg bust to honour father
This week in ‘love and courage in China’, we highlight stories that celebrate the human spirit featuring a woman graduating with her toddler, a boy helping a minor home and a university student building a bust to honour his dad. ⌘ Read more

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Which tech firms qualify as ‘little giants’? Beijing releases criteria for the ideal industrial enterprise
China’s Ministry of Industry and Information Technology has published detailed criteria for determining which industrial enterprises qualify as ‘little giants’, the term given to small tech firms that dominate their niche. ⌘ Read more

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Philippines’ Marcos Jnr will take presidential oath at venue linked to father’s brutal legacy
At noon on Thursday, Ferdinand “Bongbong” Marcos Jnr will take his presidential oath on the steps of the Philippines’ former legislature, where his late father-president was once confronted by student activists with a black paper-mache coffin and a crocodile. His inauguration as the nation’s 17th president will be “very solemn and simple … ⌘ Read more

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No-fly zone above high-speed rail terminus part of area lockdown, as Hong Kong rolls out security blanket for Xi Jinping’s visit to mark 25th anniversary of handover
Other measures include multiple patrol posts lining perimeter of railway station, high-rise observation spots nearby and restricted area at Victoria Harbour. ⌘ Read more

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First-ever Hong Kong Science Fair Supports Hong Kong’s Innovation Development
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The Hong Kong Government is committed to promoting the development of innovation and technology and to grow Hong Kong as an international technology hub. Scientific work and technology has helped humankind in amazingly creative and innovative ways. Last year, the Hong Kong Innovation Foundation (HKIF) launched the first-ever Hong … ⌘ Read more

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Singapore man who preyed on disabled children jailed for record 45 years in ‘exceptionally sickening’ case
Prosecutors said the man committed his crimes over the span of 16 years, including from 2005 to 2018 when he worked as a part-time tutor to ‘gain access to a ready pool of children’ – many of whom were disabled. ⌘ Read more

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How an expanded BRICS could lead the world instead of the waning West
Adding new members to BRICS would fragment the world on a scale not seen since the Cold War and amplify the new era of ‘vertical globalisation’. The US would not be at the centre of geopolitics for the first time since World War II, and even France may switch sides. ⌘ Read more

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Police in China investigate death of two-year-old girl who fell out of 8th-floor window after being forgotten in lift by nanny
Police in China are investigating the death of a two-year-girl who seemingly fell from an eighth-floor window after she was accidentally left behind in a lift and taken to that floor. ⌘ Read more

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Coronavirus: airlines want to return to Hong Kong but city’s chance of regaining status of global aviation hub fading by the day, trade body chief warns
Willie Walsh, director general of the International Air Transport Association, says some carriers have ‘abandoned plans to regain their Hong Kong network for the moment’. ⌘ Read more

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US-led rare earths pact satisfies South Korea’s ‘definite need’ to cut China dependency
South Korea joined the US-led Minerals Security Partnership earlier this month alongside the likes of Germany, France, Britain, Australia and Japan in a move designed to reduce its dependency on China for key resources, including rare earths. ⌘ Read more

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