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May 9, 2015

US Congressman says engagement with China has diminished under Xi

HONG KONG, May 9 (Reuters) – A United States Congressman
told reporters that China’s engagement with U.S. lawmakers has
diminished under President Xi Jinping in a marked change from
the policy of his predecessors.

He also said that Chinese and Hong Kong officials were
looking for a scapegoat when they blamed last years’
pro-democracy protests on “foreign forces”.

May 2, 2015

Hong Kong crime spree casts shadow on city’s safety

HONG KONG (Reuters) – The kidnapping of a tycoon’s granddaughter, an armed robbery and a spate of high-profile burglaries in the homes of Hong Kong’s elite have stirred concern in a city ranked as one of the safest in the world.

Hong Kong, which has a population of 7.2 million, was rated the world’s 11th safest city by the Economist Intelligence Unit this year. But in recent months crime has been making a splash.

Apr 29, 2015

Less than half of Hong Kong backs govt electoral reforms – survey

HONG KONG (Reuters) – Less than half of Hong Kong supports the government’s electoral reform proposal which would see a pro-Beijing nominating committee select candidates for the city’s next leader in 2017, even after major pro-democracy protests demanding open nominations crippled parts of the city last summer.

Only 47 percent of the 1,167 people surveyed were in favour of the proposal, which outlines a two-step process for the city’s 1,200-strong nominating committee to select two or three candidates for chief executive ahead of a public vote.

Apr 29, 2015

Less than half of Hong Kong backs government electoral reforms: survey

HONG KONG (Reuters) – Less than half of Hong Kong supports the government’s electoral reform proposal which would see a pro-Beijing nominating committee select candidates for the city’s next leader in 2017, even after major pro-democracy protests demanding open nominations crippled parts of the city last summer.

Only 47 percent of the 1,167 people surveyed were in favor of the proposal, which outlines a two-step process for the city’s 1,200-strong nominating committee to select two or three candidates for chief executive ahead of a public vote.

Apr 22, 2015

Hong Kong unveils electoral reform package, vows no compromise

HONG KONG (Reuters) – The Hong Kong government gave lawmakers their first look on Wednesday at a long-awaited electoral blueprint for selecting the city’s next leader, a plan that reflects China’s desire for a tightly controlled poll despite calls for more democracy.

The controversial government proposal follows huge pro-democracy protests last year in one of the greatest challenges to Beijing’s Communist Party rule since the former British colony returned to Chinese control in 1997.

Mar 30, 2015

Prada to pamper clients to prop up sales as 2014 net falls 28 pct

MILAN/HONG KONG, March 30 (Reuters) – Italian luxury goods
group Prada SpA has set out measures to counter a
sales drop particularly in greater China, promising more
services to clients in stores, faster-changing ranges and
lower-priced handbags to meet stiff competition.

After concentrating on a rapid retail expansion since its
2011 listing in Hong Kong, the maker of Miu Miu handbags now
wants to pull more clients into its nearly 600 shops after its
sales fell 1 percent last year despite 54 net openings.

Mar 30, 2015

Hong Kong activists use newspaper petition to warn of academic threats

HONG KONG (Reuters) – Activists published a full-page petition in a Chinese-language newspaper in Hong Kong on Monday, warning of growing threats to academic freedom and the educational system amid fears of a broader Chinese clampdown on the former British colony.

The petition is the latest exchange in the battle for Hong Kong’s political future. After student-led pro-democracy protests shut down key roads in Hong Kong for 79 days last year, activists have accused the Chinese Communist Party of trying to take a firmer line with educational institutions.

Mar 30, 2015

HK activists use newspaper petition to warn of academic threats

HONG KONG (Reuters) – Activists published a full-page petition in a Chinese-language newspaper in Hong Kong on Monday, warning of growing threats to academic freedom and the educational system amid fears of a broader Chinese clampdown on the former British colony.

The petition is the latest exchange in the battle for Hong Kong’s political future. After student-led pro-democracy protests shut down key roads in Hong Kong for 79 days last year, activists have accused the Chinese Communist Party of trying to take a firmer line with educational institutions.

Mar 27, 2015

Chasing Chinese tourists, Samsonite launches multi-brand airport shops

By Clare Baldwin

HONG KONG,(Reuters) – Samsonite International (1910.HK: Quote, Profile, Research, Stock Buzz), the world’s biggest luggage maker, attributed its record China sales last year to the company’s wide range of brands aimed at travelers with varying budgets and tastes. Its next target: tourists at airports.

The Hong Kong-listed company reported $227 million in China sales last year after opening hundreds of stores in not just major urban centers on the prosperous coast, but up-and-coming cities in the interior such as Chengdu, which has non-stop flights to destinations as far away as London and San Francisco. China accounted for a quarter of sales in Asia, which was Samsonite’s biggest regional market.

Mar 25, 2015

Hong Kong ready for fresh ‘Occupy’ protests says city leader

HONG KONG (Reuters) – Hong Kong’s leader said on Wednesday the city was prepared for a fresh flareup of pro-democracy street protests, while issuing a call to arms against opposition democratic lawmakers who have disrupted government policy-making in the legislature.

Chief Executive Leung Chun-ying’s comments to a high-profile investment conference just days before the internationally renowned Hong Kong Rugby Sevens tournament, comes as a holdout group of protesters steadily build up their presence outside the city’s government headquarters.

    • About Clare

      "I am based in New York and write about IPOs and wealth management. I was formerly based in San Francisco, where I wrote about tech companies."
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