China

Xinhua | English | News | Jan. 23, 2026 | UndeterminedTech Development/Adoption

Hong Kong is taking a proactive yet cautious approach to developing digital assets, emphasizing the principle of "same activity, same risk, same regulation" to ensure responsible and sustainable market growth. Since 2023, Hong Kong has licensed 11 virtual asset trading platforms and plans to introduce a stablecoin licensing regime later this year. The government has also been a leader in tokenization, issuing three batches of tokenized green bonds totaling about 2.1 billion U.S. dollars.

Financial Secretary Paul Chan highlighted the synergy between finance and technology, noting that digital assets improve transparency, efficiency, inclusiveness, and risk management in financial services. These innovations also support better capital allocation to the real economy. Chan's remarks were made during the World Economic Forum Annual Meeting in Davos, where he also met with WTO Director-General Ngozi Okonjo-Iweala to express Hong Kong and China's strong support for free trade, multilateralism, and WTO reform efforts.

Additionally, Chan held discussions with senior officials from various economies, international organizations, and business leaders to promote Hong Kong's latest developments and strategic advantages as an international financial center.

中方重申：日本根本没有资格要求“入常”

Xinhua | Local Language | News | Jan. 23, 2026 | Geopolitical Conflict and Disputes

Sun Lei, Chargé d'Affaires ad interim of China’s Permanent Mission to the United Nations, stated that Japan lacks the qualifications to demand permanent membership on the UN Security Council. He argued that Japan cannot shoulder the responsibilities of maintaining international peace and security or win the trust of the international community.

Sun Lei highlighted that the Security Council is central to the international collective security mechanism and recalled the Tokyo Trials that punished Japanese war criminals and upheld international justice. However, he claimed that Japanese militarism has resurfaced in new forms through efforts to deny historical crimes such as the Nanjing Massacre and the forcible conscription of "comfort women," revision of history textbooks, and visits by Japanese leaders to Yasukuni Shrine, a symbol of militarism. He also pointed to remarks by Prime Minister Sanae Takaichi, support for nuclear armament, and moves to revise Japan's security policies as evidence of attempts to revive militarism, posing threats to regional and global peace.

Sun Lei emphasized that a country showing no remorse for historical crimes and violating international norms cannot be entrusted with the responsibilities of maintaining peace and security or seek permanent Security Council membership.

Regarding Security Council reform, China supports necessary and reasonable reforms aimed at enhancing the Council's authority and efficiency, particularly emphasizing the increased representation and voice of developing countries. He urged for a comprehensive resolution to fundamental reform issues through a “package” solution during the current intergovernmental negotiations.

Global Times | English | News | Jan. 23, 2026 | Shifting Geopolitical Alliances

China emphasized its commitment to upholding the principles of the UN Charter, respecting the sovereignty and territorial integrity of countries, and resolving disputes through dialogue. Foreign Ministry spokesperson Guo Jiakun stressed that China does not engage in geopolitical rivalry or seek spheres of influence in Asia but aims to build a community with a shared future based on good-neighborliness and friendship.

China plans to work with regional countries to foster friendly, secure, and prosperous relations, adhering to principles of amity, sincerity, mutual benefit, and inclusiveness. It seeks to create a peaceful, secure, prosperous, and harmonious shared home and is a defender of international peace and security.

China promotes a vision of common, comprehensive, cooperative, and sustainable security, advancing the Global Security Initiative to achieve universal and common security. The country is actively applying its unique approach to resolve hotspot issues and aims to build an Asian security model based on shared security, respect for differences, dialogue, and consultation, jointly safeguarding international peace and tranquility.