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Hong Kong deepens Middle East ties amid global realignment: HKSAR financial chief-Xinhua

HONG KONG, Oct. 4 (Xinhua) -- Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, said on Sunday that Hong Kong's cooperation with the Middle East and the Global South deepens and makes substantive progress, with such collaboration evolving from two-way capital and personnel flows toward broader cooperation on innovation, technology and industrial projects, as well as deeper exchanges of experience in institutional development. Chan wrote in his blog that in the first nine months of 2026, average daily stock market turnover reached 272.9 billion Hong Kong dollars (about 34.77 billion U.S. dollars), up 6.4 percent year-on-year. The IPO market was equally active, with 116 companies listing in Hong Kong and raising over 388 billion Hong Kong dol...

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Economic Watch: China trade ties carry significant weight for U.S. West Coast ports-Xinhua

by Julia Pierrepont III, Gao Shan LOS ANGELES, Oct. 3 (Xinhua) -- With China accounting for about 55 percent of trade at the Port of Long Beach and roughly 40 percent of business at the neighboring Port of Los Angeles, stable relations between Washington and Beijing are not an abstract diplomatic concern for the two busiest container ports in the United States. That deep trade linkage means shifts in U.S.-China ties can quickly ripple through cargo flows, jobs, consumer supply chains and investment across Southern California, according to the heads of the two ports. "Stable and constructive relations between the United States and China are important to the global economy, to American consumers and businesses, and to the reliability of international supply chains," Noel Hacegaba, CEO ...

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Chinese, German youth build ties through music at exchange concert-Xinhua

ESSEN, Germany, Oct. 3 (Xinhua) -- Chinese and German students took the stage together on Saturday in the western German city of Essen for a youth exchange concert aimed at fostering cultural understanding and friendship through music. Students from Germany's Burg Chinese Chorus and Yunnan University Secondary School performed a selection of Chinese songs at the concert, drawing warm applause from an audience of around 200. The Burg Chinese Chorus is a non-profit organization that runs a "Learn Chinese by Singing" program for young people in Germany. Combining language learning with music and exchange activities, the group works to promote people-to-people ties between the two countries. Olaf Millmann, chairman of the Burg Chinese Chorus association, said in his speech that learning ...

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Egypt, Somalia leaders discuss bilateral ties, regional stability-Xinhua

EL ALAMEIN, Egypt, Oct. 3 (Xinhua) -- Egyptian President Abdel Fattah El-Sisi and Somali President Hassan Sheikh Mohamud on Saturday agreed to step up coordination on security and stability in the Horn of Africa, Gulf of Aden, Bab al-Mandab Strait and Red Sea, according to a statement by the Egyptian presidency. The talks, held on the sidelines of the Alamein Africa Business Forum in the northern Egyptian coastal city of El Alamein, also covered bilateral relations and developments in Somalia. El-Sisi affirmed Egypt's support for Somalia's sovereignty, unity and territorial integrity, stressing Egypt's commitment to providing various forms of support to help enhance the capacities of the Somali state and consolidate security and stability. The two presidents exchanged views on region...

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