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The Standard
an hour ago
- The Standard
Pro wrestling legend Hulk Hogan dead at 71: US media
US pro-wrestler Hulk Hogan waves the US flag as he speaks during the last day of the 2024 Republican National Convention at the Fiserv Forum in Milwaukee, Wisconsin, on July 18, 2024. (AFP)


South China Morning Post
2 hours ago
- South China Morning Post
Hong Kong urged to make itself ‘truly the world's green financial centre'
Hong Kong is poised to play an invaluable role in sustainable development by capitalising on its strengths in green finance given mainland China's status as a leader in advanced green technologies, a top American economist has said. Advertisement Jeffrey Sachs, an economics professor and director of the Centre for Sustainable Development at Columbia University, also said on Thursday that the Greater Bay Area was superior to Silicon Valley. Beijing should also speed up the internationalisation of the renminbi, he said. 'The role of Hong Kong in sustainable development is becoming central for the whole world,' Sachs said at an event hosted by the newly formed Hong Kong Association for External Friendship, a non-governmental organisation. The UN's Sustainable Development Goals, which were adopted by all of its member states in 2015, are a set of 17 global targets aimed at ending poverty, protecting the planet and ensuring prosperity for all by 2030. Sachs said China had a unique role to play in driving sustainable development as it was the world's largest industrial nation and the 'lowest-cost producer' of advanced green and digital technology. Advertisement Hong Kong's role, in turn, was to provide the financing needed and serve as a bridge that connected the world through bond issuances, listings and finding business partners.


South China Morning Post
6 hours ago
- South China Morning Post
China's quest for AI self-reliance undeterred by Trump's new action plan
Despite recent concessions and shifts in rhetoric, US President Donald Trump's new artificial intelligence action plan leaves the core of American policy towards China unchanged – maintaining tight restrictions on key technologies while accelerating deregulation and infrastructure support for his country's AI giants. Analysts said the administration's strategy would intensify the US-China tech rivalry, and with Washington unlikely to loosen its grip, China would have little choice but to double down on self-reliance. The White House on Wednesday unveiled its first comprehensive AI strategy since Trump's return to office, outlining plans to tighten export controls on US chipmaking tools and curb the global spread of Chinese AI models. Trump's AI strategy reflects a subtle shift in rhetoric from the 'small yard, high fence' approach of his predecessor Joe Biden, but in essence little has changed, said Bo Zhengyuan of Plenum. 'So far, the 'yard' hasn't gotten any smaller,' added Bo, a partner at the independent China-focused research platform. 'What's different is the rhetoric – it's now more head-to-head than containment.' The 28-page action plan tasks the US Commerce Department with closing loopholes in current export restrictions, boosting oversight of end users abroad, and exploring the use of geolocation tools to block access to 'countries of concern' such as China.