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HK electoral reform in line with Constitution, meets interests of all parties: Chinese Foreign Minister

Improving the electoral system of the Hong Kong Special Administrative Region and implementing the principle of ....

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Ericsson : Huawei Loses Cellular-Gear Market Share Outside China


By Stu Woo in London and Dan Strumpf in Hong Kong
Huawei Technologies Co. lost ground last year to Western rivals in cellular-equipment markets outside China, according to an industry research firm, a signal the U.S. campaign to curb the Chinese manufacturer is starting to make an impact.
Huawei s share of revenue from selling wireless-equipment around the world, excluding China, fell 2 percentage points, according to Dell Oro Group, coming in at about 20% in 2020. Huawei remained in third place behind rivals Ericsson AB and Nokia Corp., which both picked up market share last year, according to the research firm. Ericsson solidified its ex-China market share lead at around 35%, up 2 percentage points, while Nokia gained 1 percentage point to finish the year with about 25% share. ....

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Electoral reform well-received in HK


Electoral reform well-received in HK
By GANG WEN in Hong Kong |
CHINA DAILY |
Updated: 2021-03-06 07:20
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Wang Chen, vice-chairman of the National People s Congress (NPC) Standing Committee, explains a draft decision on improving the electoral system of the HKSAR to national lawmakers at the Great Hall of the People in Beijing, capital of China, March 5, 2021. [Photo/Xinhua]
Support for a draft decision by the nation s top legislature on improving Hong Kong s electoral system poured in on Friday as various sectors of the city hailed the move as necessary and of great significance in safeguarding national sovereignty, security and development. ....

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Hong Kong removed from economic freedom ranking it once dominated


Hong Kong removed from economic freedom ranking it once dominated
Business
March 5, 2021
Hong Kong: Hong Kong has been removed from an annual index of the world´s freest economies because the think-tank that compiles the league table said the city was now directly controlled by Beijing.
The announcement is a reputational blow for Hong Kong and comes as Beijing ramps up its bid to quash dissent after huge and sometimes violent pro-democracy demonstrations in 2019.
The Heritage Foundation, a conservative US think-tank, publishes an annual Index of Economic Freedom ranking countries and territories for how business-friendly their regulations and laws are. Over the last 26 years, Hong Kong topped the table for all but one year a source of pride to the city´s government which often used the accolade in its official press releases and investment brochures. ....

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