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Wave of Chinese Restaurants Close in Hong Kong
Money has been flowing from mainland China into Hong Kong, setting a record high of over 1 trillion yuan ($137.5 billion) deposits in recent months. As part of the trend, over 130 mainland Chinese restaurants have opened in the city too. However, many ofRead more https://www.theepochtimes.com/china/wave-of-chinese-restaurants-close-in-hong-kong-5680040
Japan’s Tourism Policy Succeeds, With Industry Becoming Economic Pillar
News Analysis Japan’s tourism policy has borne fruit, with nominal spending by visitors to Japan from January to March amounting to 7.2 trillion yen annually (about $449 billion), marking a five-fold increase over the past decade. The “Tourism Vision to What Is Behind the CCP’s Prosecution of Two Former Defense Ministers?
Analysis Two former Chinese defense ministers are facing military prosecution for alleged abuse of power, bribery, and “betrayal” of the Chinese Communist Party (CCP) and the military mission, according to state-run media. Experts suggested that toppling these