Mainland China
China unveils 10 measures to boost cross-strait ties after Cheng Li-wun's mainland visit
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China's Taiwan Affairs Office announced 10 measures on Sunday to promote cross-strait economic cooperation and livelihoods, following Kuomintang chairwoman Cheng Li-wun's six-day visit to the mainland, where she met Xi Jinping. The plan has been welcomed by Taiwan industries but drawn warnings from the ruling Democratic Progressive Party.
Mainland Chinese brands accounted for more than one fifth of new retail entrants in Hong Kong during the first four months of 2026, shifting focus from food and beverage to fashion, beauty and other categories.
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Hong Kong's Financial Secretary Paul Chan Mo-po said on Sunday that the city's economy showed resilience in the first quarter of 2026 amid volatility in equity and oil markets caused by war in the Middle East. Investors continued moving assets to the city, drawn by mainland China's steady economic growth and a large number of initial public offerings in Hong Kong. He noted the geopolitical landscape was complex and fast-changing, with uncertainty from the United States-Israel attack on Iran clouding the stock market.