Hong Kong’s Financial Secretary Proposes City as "Super Converter" for Mainland Products to Enhance Global Market Access

Hong Kong is poised to leverage its established international reputation as a trusted "brand name" to act as a critical intermediary for mainland Chinese products, facilitating their acceptance and penetration into global markets. Financial Secretary Paul Chan Mo-po articulated this vision, emphasizing Hong Kong’s unique capacity to serve as a "super converter" for technical standards, […]

10 mins read

European Commission hits AliExpress with record 550 million euro fine for systemic failure to curb illegal and dangerous products

In a landmark decision that underscores the European Union’s aggressive stance toward cross-border digital marketplaces, the European Commission announced on Monday a record-breaking 550 million euro fine against the Chinese e-commerce giant AliExpress. This punitive action, finalized after a lengthy investigation, centers on the platform’s systemic failure to prevent the proliferation of counterfeit goods, unsafe […]

8 mins read