How Hong Kong is building an ecosystem to solidify its role as offshore yuan hub

When Hong Kong businessman Sunny Yip Yuk-chik heard about a new scheme that would make it easier and cheaper to borrow Chinese yuan, he immediately called his staff on the Chinese mainland with the news. Earlier this month, the Hong Kong Monetary Authority (HKMA) launched a 100 billion yuan (US$14 billion) Renminbi Business Facility (RBF) … Read more

Dutch chipmaker Nexperia said to halt salaries and system access for Chinese employees

Nexperia has withheld access to work accounts and halted salaries for its employees in China, according to local news reports citing a letter from the Chinese unit of the Dutch chipmaker, marking the latest escalation in a growing political dispute between the Netherlands and China. The Chinese unit of Nexperia informed customers on Friday that … Read more

The World’s Best Bourbon—According To The 2025 New York World Spirits Competition

Green River Wheated Bourbon takes home the Best In Show prize at NYWSC 2025. Photo illustration: Brad Japhe We’ve talked at length about the significance of the New York World Spirits Competition, and why you should care about its winners. Most recently we revealed what those judges anointed as the best tequila for 2025. It’s … Read more

China-made motor sales surge in South Africa, cutting into rival brands’ market dominance

Just a few years ago, Chinese-made cars were rare on South African roads, with manufacturers seen only as fringe players. However, this is quickly changing as Chinese carmakers now outsell some established Western, American and Japanese brands. In recent years, South Africans have increasingly been buying Chinese brands like Chery and Haval, a subsidiary of … Read more

China Rare Earth Squeeze Sparks Interest In Australian Nickel Assets

China’s squeeze on rare earths has revitalized interest in other metals over which it has effective control which helps explain why investors are taking a close look at Australia’s downbeat nickel sector. Easily the most depressed of the base metals, a sector which includes copper and aluminum, nickel’s price has been in cellar for three … Read more