China's contribution to global growth is underestimated, but the yuan is positioned to emerge as a fundamentally strong global currency, according to a new study from a prominent Beijing-based think tank. China's investment scale could be as much as 3.4 times that of the United States when measured by the volume of physical investment.
Taiwan's GDP grew 14.55 percent in the first quarter of the year. The agency revised the annual growth rate upward by 1.93 percentage points to its highest in 16 years. The 2025 GDP per capita growth estimate was revised upward to 8.76 percent to US$39,515.
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The government last month revised its 2026 forecasts for underlying and headline consumer price inflation from 1.7% and 1.8% to 2.5% and 2.6%. Financial Secretary Paul Chan Mo-po said the surge in global fuel prices was expected to affect fuel-related consumer prices, pushing inflation higher. He said Hong Kong's service-based economy and stable energy supplies from mainland China have mitigated the effects of external shocks.
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New Chinese financial policies restrict the use of "cross-border" brokerage apps and Hong Kong brokerage accounts by mainland retail investors and some key employees of domestic AI firms. The China Securities Regulatory Commission punished three popular stock-trading apps (Futu, Tiger Brokers and Long Bridge) for offering mainland Chinese investors access to overseas stocks without licenses. Some commenters bemoaned the fact that yet another investment avenue seems to have been cut off for mainland investors.
Hong Kong's Chief Executive John Lee Ka-chiu is leading a 70-strong delegation to Kazakhstan and Uzbekistan. He arrived in Astana on Sunday night and is expected to meet President Kassym-Jomart Tokayev on Monday. The delegation includes more than 40 local representatives from sectors ranging from logistics and innovation and technology to banking and aviation. It is also made up of more than 30 mainland entrepreneurs.
Antonia Colibasanu is Senior Geopolitical analyst at Geopolitics Futures and Senior Fellow for Eurasia Program at the Foreign Policy Research Institute. She is also associate professor of geopolitics and geoeconomics at the Romanian National University of Political Studies and Public Administration and senior expert associate with the Romanian New Strategy Center think tank. She worked for Stratfor for more than 10 years.