Hong Kong uniquely placed to help fill global public goods gap left by US

Jul 9, 2025 | INVESTING

USAID, long one of the foremost tools of US soft power, ended its six decades as an independent agency on July 1, with no details on how it had been reviewed disclosed. Meanwhile, the China-initiated International Organisation for Mediation (IOMed), made a high-profile debut in Hong Kong in May.
Foreign Minister Wang Yi attended the inauguration and stressed looking for ways to resolve issues “so as to lend our thoughts to countries seeking to resolve problems or disagreements with others”. This…

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