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Breaking | US sanctions Chinese entities, issues global ‘Economic D-Day’ warning on Iran

Washington warns Iran-linked entities face removal from US dollar system as Trump presses world leaders to cut financial ties.

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Six-company consortium awarded tender for 10.5-hectare project in Hung Shui Kiu, with total investment of HK$16.8 billion expected.

The project covers 10.5 hectares of land in the Hung Shui Kiu area. Photo: Eugene Lee
An artist’s impression of a modern logistics industry building in Hung Shiu Kiu. Photo: Handout

Business

Why Hong Kong’s strategic advantages attract global talent

In partnership with:Hong Kong Talent Engage
Married couple Robert Lay and Emma Li, who are both finance industry veterans, moved to Hong Kong from New Zealand with their children in 2023.
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Open Questions

US economist Barry Eichengreen on how de-dollarisation could actually look

The former IMF adviser examines how de-dollarisation is gaining pace and what lies ahead for China’s yuan.

Illustration: Henry Wong
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Opinion
Tammy Tam
Opinion |

Remembering Zhu Rongji and understanding his legacy

24 Aug 2026 - 9:30AM
Tammy Tam
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Breaking | US sanctions Chinese entities, issues global ‘Economic D-Day’ warning on Iran

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SCMP Series
US at 250
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Illustration: Lau Ka-kuen
SCMP SeriesUS at 250

Historians trace how US hopes of trade, reform and friendship gave way to rivalry with the power it once sought to transform.

Open Questions series-
Global experts discuss US-China ties, the Chinese economy and more.

The 95-year-old sinologist gives his take on the superpower rivalry, the US advantage and Taiwan, and explains why the past is so important.

Illustration: Henry Wong
China Future Tech
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