Latest news with #Boao


RTHK
6 days ago
- Business
- RTHK
Boao innovation forum set to make debut in HK
Boao innovation forum set to make debut in HK Hong Kong is set to host the two-day Boao innovation forum for the first time at the Convention and Exhibition Centre this Friday and Saturday. Photo courtesy of Boao Forum for Asia. Hong Kong is set to host its first-ever edition of an innovation conference under the Boao Forum for Asia, with some 800 global elites expected to discuss how to leverage the SAR's strengths to foster technological cooperation. The International Science, Technology and Innovation Forum, which has previously been held in Macau, Guangzhou and Zhuhai, will take place at the Hong Kong Convention and Exhibition Centre on June 6 and 7. Themed "Transitioning Towards the Future: Powered by Science, Technology & Innovation", the forum is co-hosted by the SAR government and the Boao Forum for Asia. Key speakers will include secretary general of the Boao Forum for Asia Zhang Jun, a former prime minister of Finland, a former deputy prime minister of Thailand, as well as business executives and scholars from the mainland, the US and Vietnam. A forum focusing on Hong Kong will also be held on June 7 to promote collaboration on global I&T development between the government, industry, academia and investors.
Yahoo
02-04-2025
- Politics
- Yahoo
China carries out live-fire exercises in drill encircling Taiwan
China's military conducted a live-fire exercise in the Taiwan Strait to simulate strikes on key ports and energy facilities, it said on Wednesday. The exercise, codenamed "Strait Thunder", is an escalation of military drills China held on Tuesday around Taiwan, the democratic island Beijing claims as its territory. Taiwan's presidential office said on Tuesday that it "strongly condemns" the "military provocations", which have become increasingly routine amid souring cross-strait ties. The drills come as China sharpened its rhetoric against Taiwan's President Lai Ching-te, labelling him a "parasite" and "separatist". Lai had earlier this month referred to China as a "foreign hostile force". The drills were meant to be a "serious warning and powerful containment of 'Taiwan independence' separatist forces", said a statement from China's People's Liberation Army (PLA). It also released a series of cartoons depicting Lai as a "parasite" that was "poisoning Taiwan island" and - along with an image of Lai being grilled over a fire - "courting ultimate destruction". Another video by the PLA, titled "Subdue demons and vanquish evils", likened the military's capabilities to the magical powers of the Monkey King, a mythical Chinese character. In recent days, the Chinese Communist Party newspaper People's Daily published a series of op-eds denouncing Lai as a "troublemaker" and "warmonger". "Facts have fully proven that Lai Ching-te is a vicious war maker," read one of the articles published on Wednesday. "Subdue demons and vanquish evils, use force to stop war." While the trigger for this week's drills were not spelled out, Chinese authorities and state media have referenced a slew of policies announced by Lai last month to counter influence and infiltration operations by Beijing - where Lai used the "foreign hostile force" term. However, the timing of the exercises, coming weeks after Lai's announcement, suggests that Chinese authorities wanted to wait for the conclusion of meetings between Chinese President Xi Jinping and international business leaders, along with the annual Boao business summit that wrapped up on 28 March. They also come with the world's attention turned elsewhere, as global markets brace for the Trump administration's latest round of tariffs. In response to China's latest military drills, the White House said on Tuesday that US President Donald Trump was "emphasising the importance of maintaining peace in the Taiwan Strait". On Wednesday, the US State Department reaffirmed its "enduring commitment" to Taiwan. During his recent visit to Asia, US defence secretary Pete Hegseth also repeatedly criticised China's aggression in the region and pledged to provide "robust, ready and credible deterrence", including in the Taiwan Strait. However, the PLA seems to be moving towards a situation where such exercises around Taiwan occur regularly rather than in response to any specific perceived provocation. Some experts see the drills as a dress rehearsal for a possible real blockade in an attempt to overthrow the government in Taipei in the future. In the words of the Chinese military this week, they serve as a practice run "close in on Taiwan from all directions". In addition, analysts believe that Beijing has been increasing the frequency and size of its military exercises as a way of trying to increase pressure on Taiwan's population to eventually accept an annexation by China as inevitable. This is despite the fact that opinion polls have routinely shown that the vast majority of Taiwanese people firmly oppose a takeover of their democratically governed island group by China's Communist Party. Taiwanese officials have warned that China may stage more military drills later this year, on dates like the anniversary of Lai taking office or Taiwan's National Day in October. However, in Taiwan, movements by the PLA can also provide an opportunity. Each time China conducts such war games, Taiwan's military chiefs have said that they can study the manoeuvres in order to better prepare their own forces for any real attack. What's behind China-Taiwan tensions? China's rhetoric turns dangerously real for Taiwanese


BBC News
02-04-2025
- Politics
- BBC News
China military says it held live-fire drill in Taiwan Strait
China's military conducted a live-fire exercise in the Taiwan Strait to simulate strikes on key ports and energy facilities, it said on exercise, codenamed "Strait Thunder", is an escalation of military drills China held on Tuesday around Taiwan, the democratic island Beijing claims as its presidential office said on Tuesday that it "strongly condemns" the "military provocations", which have become increasingly routine amid souring cross-strait drills come as China sharpened its rhetoric against Taiwan's President Lai Ching-te, labelling him a "parasite" and "separatist". Lai had earlier this month referred to China as a "foreign hostile force". The drills were meant to be a "serious warning and powerful containment of 'Taiwan independence' separatist forces", said a statement from China's People's Liberation Army (PLA).It also released a series of cartoons depicting Lai as a "parasite" that was "poisoning Taiwan island" and - along with an image of Lai being grilled over a fire - "courting ultimate destruction".Another video by the PLA, titled "Subdue demons and vanquish evils", likened the military's capabilities to the magical powers of the Monkey King, a mythical Chinese recent days, the Chinese Communist Party newspaper People's Daily published a series of op-eds denouncing Lai as a "troublemaker" and "warmonger"."Facts have fully proven that Lai Ching-te is a vicious war maker," read one of the articles published on Wednesday. "Subdue demons and vanquish evils, use force to stop war."While the trigger for this week's drills were not spelled out, Chinese authorities and state media have referenced a slew of policies announced by Lai last month to counter influence and infiltration operations by Beijing - where Lai used the "foreign hostile force" term. However, the timing of the exercises, coming weeks after Lai's announcement, suggests that Chinese authorities wanted to wait for the conclusion of meetings between Chinese President Xi Jinping and international business leaders, along with the annual Boao business summit that wrapped up on 28 also come with the world's attention turned elsewhere, as global markets brace for the Trump administration's latest round of tariffs. In response to China's latest military drills, the White House said on Tuesday that US President Donald Trump was "emphasising the importance of maintaining peace in the Taiwan Strait". On Wednesday, the US State Department reaffirmed its "enduring commitment" to his recent visit to Asia, US defence secretary Pete Hegseth also repeatedly criticised China's aggression in the region and pledged to provide "robust, ready and credible deterrence", including in the Taiwan the PLA seems to be moving towards a situation where such exercises around Taiwan occur regularly rather than in response to any specific perceived experts see the drills as a dress rehearsal for a possible real blockade in an attempt to overthrow the government in Taipei in the the words of the Chinese military this week, they serve as a practice run "close in on Taiwan from all directions".In addition, analysts believe that Beijing has been increasing the frequency and size of its military exercises as a way of trying to increase pressure on Taiwan's population to eventually accept an annexation by China as is despite the fact that opinion polls have routinely shown that the vast majority of Taiwanese people firmly oppose a takeover of their democratically governed island group by China's Communist officials have warned that China may stage more military drills later this year, on dates like the anniversary of Lai taking office or Taiwan's National Day in in Taiwan, movements by the PLA can also provide an time China conducts such war games, Taiwan's military chiefs have said that they can study the manoeuvres in order to better prepare their own forces for any real attack.
Yahoo
27-03-2025
- Business
- Yahoo
China Vice Premier Urges Asia Leaders to Resist Protectionism
(Bloomberg) -- A senior Chinese leader called for increased global cooperation and opposition to protectionist measures, in a thinly veiled critique aimed at the US for destabilizing trade and geopolitical relations. They Built a Secret Apartment in a Mall. Now the Mall Is Dying. Why Did the Government Declare War on My Adorable Tiny Truck? How SUVs Are Making Traffic Worse Trump Slashed International Aid. Geneva Is Feeling the Impact. These US Bridges Face High Risk of Catastrophic Ship Strikes 'We should jointly safeguard the free trade system, uphold open regionalism, and firmly oppose trade and investment protectionism,' Ding Xuexiang, the ruling Communist Party's sixth-ranking official, said during his keynote speech at the annual Boao Forum on Thursday, attended by Asian leaders, global diplomats and business executives. The four-day Boao gathering in the southern province of Hainan comes as Beijing intensifies a charm offensive to lure overseas investment. China has bolstered efforts to portray itself as a reliable partner as US President Donald Trump rattles markets with unpredictable tariffs and unnerves US allies with geopolitical maneuvers. Ding also sought to reassure global investors by highlighting the strength of China's economy and its commitment to innovation. He pointed to recent advancements in artificial intelligence, robots and new-energy vehicles as new growth drivers and vowed to broaden market access for foreign investors. 'No matter how the external environment changes, China will open wider to the world,' he said. Ding's speech follows a week of Chinese efforts to woo international business leaders and foreign officials. Top executives including Apple Inc.'s Tim Cook, Qualcomm Inc.'s Cristiano Amon, Pfizer Inc.'s Albert Bourla and Saudi Aramco's Amin Nasser attended the two-day China Development Forum in Beijing, where officials touted the economy's potential for business. In an address to that gathering, Chinese Premier Li Qiang said China is prepared for 'shocks that exceed expectations,' urging countries to open up markets in the face of growing economic fragmentation. Chinese leader Xi Jinping is expected to meet a group of US business executives in Beijing on Friday. The world's second-largest economy is bracing for potentially more tariffs as a US report on its compliance with an earlier trade deal comes due on April 1 and Trump plans to impose reciprocal levies globally the next day. Any new US levies on China will likely be met with retaliation and strain ties that had stabilized under the Biden administration. Trump said he would consider lowering tariff rates imposed on China to secure Beijing's support for a sale of the US operations of ByteDance Ltd.'s social video platform TikTok to an American company. Business Schools Are Back Google Is Searching for an Answer to ChatGPT A New 'China Shock' Is Destroying Jobs Around the World The Richest Americans Kept the Economy Booming. What Happens When They Stop Spending? How TD Became America's Most Convenient Bank for Money Launderers ©2025 Bloomberg L.P.