Many will have to swallow soaring pork prices as Lunar New Year nears China's consumer inflation climbed to nearly eight-year peaks in November as pork prices doubled, but factory-gate prices remained in the red, adding to uncertainty over whether the manufacturing sector is bottoming out as trade risks persist. Beijing is under pressure to unleash more stimulus to...

Subsidies to reduce sting of surge in power rates Jane Cheung Power firms CLP and Hongkong Electric will raise their tariffs for the second year in a row, but will have measures to offset the hikes for households and small businesses. From January 1, CLP will increase tariffs 2.5 percent to HK$1.22 per unit - from HK$1.18 - while HK Electric will...