Hong Kong's Environmental Protection Department says starting from May 1, it has stopped giving verbal warnings to retailers who do not comply with the legal requirements of plastic shopping bag charging. The EPD says retail outlets must fully comply with the legal requirements of plastic shopping bag charging. Starting from May 1, immediate enforcement action […]

Alibaba Group Holding Limited is focusing on expanding its supply chain management capabilities with a strategic investment in a Chinese logistics firm. Alibaba made an undisclosed investment in Shanghai YTO Express (Logistics) Co., Ltd, one of China's leading logistics companies. Both companies will cooperate in developing optimal logistics solutions for China in order to raise […]

Chinese e-commerce behemoth Alibaba Group Holding Limited is taking a minority stake in a Chinese logistics and courier company. Alibaba made an undisclosed investment in Shanghai YTO Express (Logistics) Co., Ltd, one of China's leading logistics companies. Both companies will cooperate in developing optimal logistics solutions for China in order to raise operational efficiency in […]

Wang Yi defends reclamation projects but pledges to maintain ‘peace and stability’

Financial institutions banned from cutting off or delaying funding

Empty units may be less of an obstacle to short-term recovery than many think