FIFA World Cup, the mega event of the year, is kicking off in June. On top of being a tournament, international sports events such as the World Cup are often considered an “image enhancement exercise” of the host country. These events may even have economic implications. Can Russia, the host country of this year’s FIFA World Cup, benefit from it?
There were countless key topics during this year’s ”Two Sessions” – constitutional amendments, a new government, and reforms in the supervisory system, to name but a few, all of which showed China’s resolve to change with the times and push forward. Hong Kong has its own role and function to play in China’s march forward, especially in the building of the Guangdong-Hong Kong-Macao Bay Area, where advantages and opportunities exist together.
In recent months, tensions in the China-US trade battle have been escalating. As the two nations announced additional tariffs on each other, volatility in the stock markets followed. How long will this squabble between the world’s two biggest economies last? Should we worry about it?