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Hong Kong’s Northern Metropolis: bridging to a mainland-led growth future

Hong Kong launches the Northern Metropolis megaproject to transform parts of the New Territories into four hubs (commerce, professional services, technology and eco-tourism) and to deepen integration with the Greater Bay Area and mainland markets. Backed by Beijing and Hong Kong authorities, the plan aims to diversify beyond finance, attract new residents, and ease housing strain, but carries a hefty price tag (over HK$360bn per S&P Global estimates; HK$224bn government estimate) and involves land clearance and evictions of rural villagers, signaling a shift to mainland-style, infrastructure-led growth and closer China ties.

27 days ago•Source: Financial Times

Small economies seal world's first essential-supplies pact to keep trade flowing

asia-pacific-economy

3.945 min•4 months ago

Small economies seal world's first essential-supplies pact to keep trade flowing

Singapore and New Zealand signed the world's first bilateral Agreement on Trade in Essential Supplies, pledging not to restrict trade in essentials (food, fuel, chemicals, construction, healthcare) and to keep air and sea routes open to sustain energy and goods flows amid Middle East tensions; the leaders urged others to adopt similar safeguards to bolster global supply chains, noting NZ's reliance on Singapore for around a third of its fuel imports.

via Financial Times

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Hong Kong’s Northern Metropolis: bridging to a mainland-led growth future

Small economies seal world's first essential-supplies pact to keep trade flowing

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