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CGTN: Integration into national development brings new impetus to Hong Kong

PR NewswireJul 4, 2022

BEIJING , July 4, 2022 /PRNewswire/ -- The value of trade between the Hong Kong Special Administrative Region (HKSAR) and the Chinese mainland has surged more than sixfold from $50.77 billion to $360.33 billion , an average annual increase of 8.5 percent since the Hong Kong's return to the motherland 25 years ago, according to the Chinese Ministry of Commerce. While integrating itself i...
CGTN: Hong Kong on highway to become global tech and innovation hub 25 years on

PR NewswireJul 4, 2022

BEIJING , July 4, 2022 /PRNewswire/ -- The Hong Kong Science Park, the city's high-tech hub, welcomed Chinese President Xi Jinping for a visit during his busy two-day trip to attend celebrations for the 25th anniversary of Hong Kong's return to China . The Science Park is the largest research and development (R&D) and business incubation base in Hong Kong , housing more than 1,100 enter...
DP decides not to allow ex-interim leader Park to run for natl. convention

PoliticsJul 4, 2022

The main opposition Democratic Party (DP) on Monday rejected a request from former interim leader Park Ji-hyun that she be allowed to run for party chairmanship at an upcoming national convention despite her lack of qualification. Park, a 26-year-old politician seen as a symbol of generational change in the DP, has declared her bid for the party's chairmanship, a month after she stepped down as ...
S. Korea's new COVID-19 cases drop due to fewer tests

Social affairsJul 4, 2022

South Korea's new coronavirus cases fell below 10,000 on Monday due to fewer tests over the weekend. The country added 6,253 new COVID-19 infections, including 164 from overseas, bringing the total caseload to 18,395,864, the Korea Disease Control and Prevention Agency (KDCA) said. Monday's tally declined from 10,059 the previous day but nearly doubled from 3,423 a week ago. The daily count te...
Key player's injury adds intrigue to battle for KBO postseason spots

BaseballJul 4, 2022

An unfortunate injury to one of the best hitters in South Korean baseball is expected to turn an already compelling battle for postseason berths into an even more intriguing affair. The Kia Tigers have lost outfielder Socrates Brito for up to a month to a broken nose. The Dominican slugger took a fastball by SSG Landers starter Kim Kwang-hyun to the face during Saturday's game in Incheon, some 3...
[Hwang’s China and the World] The end of appeasing North Korea, time to deal with its fundamental interest

North KoreaJul 4, 2022

In recent weeks, the Korean Peninsula had two situations going on in the South and North. South Korea was holding its first summit on May 21 with US President Joe Biden in Seoul, just 10 days after President Yoon Suk-yeol’s inauguration. The two leaders agreed on escalating the alliance into a “Global Comprehensive Strategic Alliance.” South Korea has decided to cooperate with the US in high-tech...
[Hwang’s China and the World] Japan’s China policy, between firmness and flexibility

Foreign affairsJul 4, 2022

Since China overtook Japan in terms of economy in 2010, Japan‘s vigilance and checks against China have been visibly rising. Mostly, the two countries have a wide gap regarding issues surrounding the East China Sea, South China Sea and the Taiwan Strait. The Russia-Ukraine war re-emphasizes the importance of traditional Japanese geopolitics. In addition, technological competition -- the core of s...
S. Korea's power demand hits new high in June amid hot weather

EconomyJul 4, 2022

South Korea's electricity demand touched a fresh all-time high in June as the country was struck by an early heat wave, data showed Monday. The country's maximum power demand averaged 71,805 megawatts (MW) last month, up 4.3 percent from a year earlier and marking the highest tally for any June, according to the data from the Korea Power Exchange. June also represented the first time the figure...
Yoon says he will decide soon on health minister nominee's appointment

PoliticsJul 4, 2022

President Yoon Suk-yeol said Monday he will decide soon on whether to appoint his health minister nominee amid allegations she diverted political funds for personal use. Kim Seung-hee is under investigation by prosecutors for allegedly using her political funds when she was a lawmaker to pay for her husband's car insurance and car rental fee in violation of the Political Funds Act. The nominee ...
S. Korea box office tops 15m admissions in June

FilmJul 4, 2022

South Korea's box office reported 15 million admissions for June, marking the largest monthly tally for over two years, data showed Monday. A total of 15.5 million people went to theaters last month, up 6.3 percent from 14.6 million a month earlier, according to the data compiled by the Korean Film Council. It is the first time since the COVID-19 pandemic that the monthly audience numbers toppe...
Pop Mart flagship store opens in South Korea, art toy culture finds its way in Hongdae, Seoul

PR NewswireJul 4, 2022

BEIJING , July 4, 2022 /PRNewswire/ -- On July 2, 2022 , art toy brand Pop Mart opened its first flagship store in South Korea , locates at 346-40 Seogyo-dong, Seoul . The opening quickly created a buzz among the young people from the communities near Hongik University Street which has been known for its deep pop culture. POP MART Korea Flagship Store For the opening, Pop Mart has put ...
[Graphic News] A global look at mass deaths of trafficked migrants

WorldJul 4, 2022

Fifty-three migrants died after being abandoned in a tractor-trailer in the sweltering Texas heat on June 27, one of the worst tragedies to claim the lives of migrants smuggled across the border from Mexico to the US. The deaths were the latest in what has become a global series of mass deaths occurring during human trafficking attempts.
Rival parties looking to reach last-minute compromise over parliamentary committee formations

PoliticsJul 4, 2022

The rival parties were looking to reach a last-minute compromise Monday to end an impasse in parliamentary committee formations that has left the National Assembly in limbo for more than a month. The floor leaders of the ruling People Power Party (PPP) and the main opposition Democratic Party (DP) failed to reach an agreement on the issue Sunday, though they agreed to hold negotiations until a N...
K League-leading Ulsan looking to regroup as rivals make push

SoccerJul 4, 2022

With their lead atop the South Korean football tables dwindling, Ulsan Hyundai FC will look for a bounce back in their midweek match against a team riding a rare winning streak. Ulsan will host Gangwon FC at 7:30 p.m. Tuesday at Munsu Football Stadium in Ulsan, 310 kilometers southeast of Seoul. Ulsan are still licking their wounds after losing to Pohang Steelers 2-0 on Saturday. That loss, com...
Seoul shares open higher amid inflation woes

MarketsJul 4, 2022

South Korean stocks opened marginally higher Monday, tracking a US rebound last week as investors closely watch the US Federal Reserve's next move to curb inflation. The Korea Composite Stock Price Index (KOSPI) rose 9.92 points, or 0.43 percent, to 2,315.34 in the first 15 minutes of choppy trading. Major US indexes on Friday (US time) reversed their earlier losses to end higher, as investors ...