Enough apologies: How Japan is shaking its price hike phobia
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South China Morning Post
6 hours ago
- South China Morning Post
South China Morning Post journalist awarded Hong Kong Baptist University fellowship
Hong Kong Baptist University (HKBU) has awarded a fellowship to a South China Morning Post senior correspondent in a one-of-its-kind programme designed to raise industry standards for journalists working in the city. Natalie Wong, who specialises in political news at the Post, was among three journalists selected for the Professional Journalism Fellowship programme on Wednesday. The trio will take a funded absence from work to attend undergraduate or postgraduate courses as auditors for one or two semesters in the coming 2025-26 academic year to broaden their horizons before returning to their newsrooms. The university's Professor Raymond Roy Wong, known as the 'Godfather of Journalism' and the sponsor of the programme, said the initiative provided the fellows with an opportunity to reflect on their professional and personal growth at a time when the media sector was facing challenges. 'The global media industry is facing unprecedented challenges, ranging from the disruptive influence of artificial intelligence and the proliferation of misinformation to intense competition on social media platforms,' he said. 'Media professionals should demonstrate adaptability, innovation and critical thinking skills. I hope that the fellows will fully embrace their time at HKBU, seizing this opportunity to expand their knowledge, hone their skills, and reflect on their professional and personal growth, so they are well-equipped to meet the evolving challenges upon their return to the newsroom.' Natalie Wong is the Post's third award-winning journalist to receive the fellowship after news editor Denise Tsang and senior correspondent Laura Zhou in 2022.
South China Morning Post
6 hours ago
- South China Morning Post
Trump penalises India with additional 25% tariff, escalating tensions over Russian oil
Published: 10:35pm, 6 Aug 2025 Updated: 10:39pm, 6 Aug 2025 US President Donald Trump on Wednesday signed an order to impose an additional 25 per cent tariff on Indian goods over New Delhi's continued purchase of Russian oil, a key revenue source for Moscow's war in Ukraine. The tariff is set to take effect in three weeks and would be added on top of a separate 25 per cent tariff entering into force on Thursday. It maintains exemptions for items targeted by separate sector-specific duties such as steel and aluminium, and categories that could be hit like pharmaceuticals. More to follow ...
South China Morning Post
8 hours ago
- South China Morning Post
China's rise is good for Asia. Here's why
Whether China is good for Asia is a pertinent question, given that attempts to contain the country have failed. Today, the only way to stop its rise would be through a globally ruinous war . So, let's assume that we have entered a new period of Sino-centric Asian history, one that is possibly even more powerful than when the Tang dynasty represented the face of Asia to the world. Will a rejuvenated China be good for Asia? It is difficult to agree with Western pessimists such as William Bratton, author of the 2021 book China's Rise, Asia's Decline, who argues that 'China's ascendancy to regional hegemonic status will result in the decline of its neighbours' political independence, economic dynamism, and future growth potential. Any short-term benefits of China's growth, such as increased trade, will be transitory.' Even if we accept his argument, it would be necessary to ask: has the rise of any regional hegemon in history resulted in anything other than a decline of political independence on its periphery? Didn't the rise of the United States constrain the political and economic options of nations around the globe until its power was contested by the countervailing rise of another global heavyweight – the Soviet Union? Should China replace the US today, after the departure of the Soviet Union from the world stage, why should different historical laws be applied to its rise? However, China says it has no desire to be the next global hegemon. This is not because of an outpouring of international goodwill but because Beijing does not wish to repeat the cautionary experiences of the US and the Soviet Union. The latter fell in 1991 after failing to compete with the US. The end of the Cold War produced a gilded unipolar moment of American triumphalism embedded in the fanciful idea that history had ended with the triumph of liberal capitalism. The 2008 global economic crisis concluded that phase of extravagant American self-congratulation.
