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State Media Hails Evacuation of Chinese Citizens, Others from Sudan

State Media Hails Evacuation of Chinese Citizens, Others from Sudan
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Fintech, lifestyle products can help Korea grow trade ties with Hong Kong: city s trade promotion chief in Korea

Korea could expand trade ties with Hong Kong through fintech and lifestyle product exports, according to the director of the city s trade promotion body. Christopher Lai, the Korea director at the Hong Kong Trade Development Council (HKTDC), said that despite the pandemic and supply chain disruptions from the Ukraine war, trade between the markets has grown, spearheaded by traditional products such as food, agricultural goods and beauty products.

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Language barrier hinders Hong Kong startups setting up shop in Korea

Last year, Justin Suen Long-kiu s biotech company joined the K-Startup Grand Challenge (KSGC) accelerator program organized by the Korean government to explore markets outside his native Hong Kong. The program lured him in with a $10,000 (13.2 million won) cash stipend to support his staff s living expenses as he tried to set up a shop in Korea. Like most startups, his bone implant 3D printing company, Ossfila Technology, had little cash to spare to test the waters of potential markets. Being in the program would also raise his company s profile.

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