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Vietnam's President and Communist Party chief To Lam visited China recently. It was his first overseas trip since the 14th National Party Congress of the Communist Party of Vietnam (CPV) and the consolidation of Vietnam’s top two positions in the hands of a single individual. Vietnam signed major infrastructure, technology, and supply chains agreements with China and affirmed its support for China's Global Development Initiative, Global Security Initiative and Global Civilization Initiative. Vietnam joined the Community of Common Destiny in 2023.
Leung Chun-ying wants Hong Kong to develop its shipping insurance and management capabilities to strengthen its status as a global maritime hub amid intensifying geopolitical tensions. SeaKapital CEO Kenneth Lam says prolonged geopolitical disruptions may drive up global inflation as the end-users would ultimately foot the bill.
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In the 2023-24 academic year, 38,100 non-local students were enrolled in Hong Kong’s taught postgraduate programmes, a 207 per cent increase from 2020-21. Mainland students accounted for 63.4 per cent of non- local undergraduates and 92.4% of taught postgraduates at the University of Hong Kong. Hong Kong overtakes the US to become the second most popular study-abroad destination for mainland Chinese students in 2026.
The 25th anniversary of the Outstanding 50 Asian Americans in Business Award is being celebrated. The award has been recognized for 25 years as a record of economic leadership by Asian American business leaders. It has helped normalize the presence of Asian American executives in boardrooms and venture capital circles. America250 is about defining the American story for the next generation.
The Taiwan Trade and Investment Service Center in Phoenix was inaugurated on May 1. The office is the second in the U.S. following the one that opened in Dallas last August. Arizona is Taiwan's third-largest trading partner with two-way trade amounting to US$21.24 billion in 2025.
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China has gone from accounting for less than 8% of global clinical trials in 2010 to surpassing the United States in annual registered trial volume by 2020. Eighty-eight percent of that growth, among private-sector sponsors, was driven by domestic Chinese firms. China’s 15th five-year plan has explicitly designated biotechnology and pharmaceuticals as the centerpiece of its next phase of industrial development.