HONG KONG / WAM About 1.44 million travellers visited the Hong Kong Special Administrative Region during the eight-day Spring Festival holiday from Feb 10-17, with 1.26 million of them coming from the Chinese mainland, Chief Executive John Lee Ka-chiu said. Speaking to the media for the first time in the Year of the Dragon, the chief executive expressed his optimism …

BEIJING / WAM China’s central bank announced its first medium-term lending facility (MLF) operation in the Year of the Dragon, continuing a streak of 15 consecutive months of net fund injections through MLF loans to maintain reasonable and ample liquidity in the banking system. According to Global Times, the People’s Bank of China (PBOC) has announced that a sum of …

BEIJING / WAM China is moving away from traditionally energy-intensive industrial sectors towards green development across key sectors, in efforts to fulfill its goals of peaking carbon dioxide emissions by 2030 and achieving carbon neutrality by 2060, according to China Central Television. In June 2023, the Hunan Valin Xiangtan Iron and Steel power plant in Xiangtan County, located in Hunan …