The Price Isn’t Right: Corn Controversy Hits Chinese Social Media
RRecently, there have been heated discussions on Chinese social media about the price of corn after e-commerce platform Oriental Selection (东方甄选) started selling corn cobs for 6 yuan ($0.80). by piece. The controversy came to public attention when famous Kuaishou live broadcaster Simba (辛巴, real name Xin Youzhi), who called himself a “farmer’s son”, criticized […]
China’s economy continues to struggle amid ‘erratic’ policies and decisions
The COVID-19 pandemic is somewhat under control in China at the moment, but the country is still feeling the negative impact it has had on the economy. According to the South China Morning Post, foreign investment fell 20.3% between June and July in Shanghai, while GDP for the country as a whole fell from 10.6% […]
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Chinese mRNA COVID vaccine gets first approval – in Indonesia
JAKARTA/BEIJING, Sept 30 (Reuters) – Indonesia said it had granted emergency use authorization for a COVID-19 mRNA vaccine developed by a Chinese company, becoming the first country, ahead of even China, to to do it. The Indonesian Food and Drug Agency (BPOM) has given the green light to the use of Walvax Biotechnology’s mRNA vaccine […]
High hopes for 1.5 million Chinese tourists
BUSINESS: Chinese President Xi Jinping’s attendance at the Asia-Pacific Economic Cooperation (Apec) summit in Bangkok could help Thailand attract 12 million international tourists this year, surpassing the government’s target of 10 million, the government said Minister of Tourism and Sports Phiphat Ratchakitprakan. The Apec 2022 sign is pictured at the Queen Sirikit National Convention Center. […]
Chinese people welcome National Day with full confidence in the nation’s future
Children wave national flags with community volunteers at a kindergarten in Handan, north China’s Hebei Province, Sept. 29, 2022 ahead of the National Day holiday. Photo: IC As Chinese people prepare to celebrate the National Day and enjoy the Golden Week holiday which runs from October 1 to 7, local governments are taking more measures […]
Chinese loan apps: ED freezes new funds worth Rs 9.82 crore kept in payment gateway accounts
The ED has frozen funds worth Rs 9.82 crore held in merchant IDs with some online payment gateways as part of an ongoing money laundering investigation against a token app of investment “controlled by the Chinese”. This is the second time the ED has frozen funds held in merchant credentials with certain online payment gateways. […]
Young Japanese and Chinese hold no grudge against history
Illustrator Hitomi Maesako had no interest in China until she started watching a Chinese anime series recommended by a friend. She started watching other Chinese dramas and developed an interest in tasting the food and drink that appeared on the programs. “Food and culture differ by region,” said Maesako, 34. “I never thought China was […]
Chinese premier calls for policy implementation to boost economic recovery – Xinhua
Chinese Premier Li Keqiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, speaks during a meeting on government work on economic stabilization for the fourth quarter of this year , September 28. 2022. Vice Premier Han Zheng, also a member of the Standing […]
The trick to finding the best Chinese food in Saint-Louis
ST. LOUIS, Mo. – How do you find a new restaurant? There are plenty of reviews online, but it can be hard to figure out which ones really matter. A man has a way of finding the best food. A viral TikTok video of Freddie Wong reveals a method to find the most authentic cuisine […]
China’s Big Fund corruption probe casts shadow over chip industry
The sudden disappearance in July last year of Gao Songtao, the bespectacled former vice president of government fund manager Sino IC Capital, was a warning of a storm to come. Months later, the Chinese Communist Party’s internal watchdog confirmed that Gao had been investigated for corruption. Yet it was not President Xi Jinping’s public campaign […]
Gunman kills Chinese-Pakistani national in Karachi, injures 2
KARACHI, Pakistan (AP) — A gunman posing as a dental patient shot and killed a Chinese-Pakistani dual national working at a dental clinic in the southern Pakistani port city of Karachi on Wednesday before s flee, police said. A Chinese couple who ran the clinic were injured in the attack, which took place in the […]
A Chinese-born businessman is running for parliamentary elections in the small African country of Lesotho
Jason Zhenyu Shao campaigning with locals. (Twitter) Jason Zhenyu Shao campaigning with locals. (Twitter) Jason Zhenyu Shao campaigning with locals. (Twitter) Previous Next Born in Shanghai, Zhenyu Shao is running as a local candidate in the legislative elections in the Ha-Tsolo constituency of Lesotho’s capital, Maseru. Shao, a […]
Stocks fall, Chinese yuan crosses 7.2 against dollar
Oil prices fall as strong US dollar offsets hurricane production cuts Oil prices fell on Wednesday as the strength of the U.S. dollar offset U.S. production cuts caused by Hurricane Ian. Brent crude futures fell 2.06% to $84.49 a barrel, while US West Texas Intermediate also fell 2.15% to $76.78 a barrel. — Lee Ying […]
Restaurant review: How Dim Sum Box is redefining iconic Chinese cuisine
You won’t find people push carts full of dim sum delights rolling around Dim Sum Box, and there are only a handful of menu cards and crayons to choose from, but that’s the point. Here at Dim Sum Box, traditional Chinese brunch is reinvented for a new generation of Houston foodies. Dim Sum […]
Philippines aims to balance relations with US and China
Political allies hailed Ferdinand Marcos Jr’s first visit to the United States as Philippine president as a “home run”: he secured one of the few bilateral meetings held by US President Joe Biden on the sidelines of the United Nations General Assembly in New York. The American welcome reflects the decisive steps taken by Marcos […]
Facebook removes political influence operations from China and Russia
Onur Dog | Light flare | Getty Images Facebook parent company Meta said so deleted two unconnected account networks based in China and Russia seeking to influence political narratives in the United States and Europe. The platform regularly searches for and removes accounts that it believes have violated its policy against coordinated inauthentic behavior. Such […]
Metaverse jobs on Chinese recruitment platform up 16.6% year-on-year from January to July
Chinese recruitment platform Zhaopin released its 2022 Metaverse Industry Talent Development Report on September 26. The document points out that sectors related to the metaverse have shown positive development trends in terms of job growth and salary. From January to July, the number of jobs related to the metaverse on the platform increased by 16.6% […]
Former Chicago student convicted of spying for Chinese intelligence services | app
A federal jury on Monday convicted a former Chicago graduate student of spying for the Chinese government by gathering information on scientists and engineers in the United States with valuable knowledge of aerospace technology, artificial intelligence and even the aircraft carrier. After a two-week trial, the jury found Ji Chaoqun, 31, guilty of conspiracy to […]
While researching ‘The Vegan Chinese Kitchen’ cookbook, author Hannah Che explored her story | app
PITTSBURGH — Hannah Che was a student of classical music performance when she decided to forgo the traditional Chinese cuisine she grew up on and go vegan. Struck by Jonathan Safran Foer’s graphic descriptions of factory farming in his seminal book “Eating Animals”, “It completely changed the way I think about food, and the relationship […]
From party rejections to top job, Chinese Prez Xi Jinping’s journey so far
India oi-Nitesh Jha | Posted: Monday September 26th 2022, 01:25 PM [IST] New Delhi, September 26: Chinese President Xi Jinping has been in the headlines since Saturday as rumors swirled that he was being placed under house arrest after returning to China from attending the SCO summit in Samarkand, Uzbekistan. Social media is flooded with […]
A Ponzi scheme by another name: The bursting of the Chinese housing bubble | Chinese economy
A Just over a year ago, a Chinese property developer largely unknown to the outside world said his cash flow was under ‘enormous pressure’ and he might not be able to repay some of his exorbitant debts $300 billion (£275 billion). Today, that company, China Evergrande Group, is only too well known as the poster […]
CPC represents the most vital part of Chinese society: former Singaporean FM
Photo: CGV Editor’s note: Over the past decade, the world has increasingly witnessed a trend that “East rises while West falls” in the spheres of economics, security and power of discourse. . Western countries, especially the United States, plagued by internal misfortunes, have sought the old way of passing the buck and causing trouble elsewhere […]
Chinese students in France: a mixed experience
Globalization has triggered a remarkable growth in the number of international students enrolling in institutions outside their home countries. China is not excluded, and indeed its growing economy and a growing middle class, together with the premium attached to a quality education in its culture, have gradually made Chinese students one of the largest groups […]
Xi Jinping seeks his third term as leader of the Communist Party of China, while Li Keqiang retires after a decade in his shadow
As Xi Jinping seeks his third term in power at the upcoming 20th Communist Party Congress, one man is counting down to retirement. Li Keqiang, prime minister of the Chinese government and the country’s second most powerful man, is expected to quit politics after 10 years of ruling China with Xi. While Li, 67, will […]
‘It’s going to make your teeth cringe’: Chinese Language Week falls flat for Chinese Kiwis
“Next week is going to be a tough week for our Chinese communities,” tweeted Sidney Wong (黃吉贊), a Cantonese speaker and PhD student in linguistics. New Zealand Chinese Language Week (NZCLW) kicks off on Sunday, and Wong is one of many Chinese New Zealanders actively distancing themselves from the event. This would see, he added, […]
Mint Explainer: What Huawei’s ‘US-free’ supply chain would mean for China
Beaten, bruised but not yet defeated, Chinese tech giant Huawei has been at the center of a long battle between the United States and China as the two powers scramble to purge each other from their supply chains. Huawei is now at the forefront of China’s efforts to build a “US-free” supply chain that will […]
Chinese online shoppers turn to Canada
As China continues to recover from the COVID-19 pandemic, its demand for Canadian products through e-commerce platforms appears to be increasing sharply. China is the largest e-commerce market in the world. E-commerce revenue in China is expected to reach $1.09 trillion in 2023, making it the world’s largest trillion-dollar e-commerce market. Monica Chang, Director of […]
US-China tensions fuel exodus of Chinese scientists from US universities
Growing numbers of Chinese-born scientists and engineers are giving up tenured positions at top American universities to move to China or elsewhere, a sign of the United States’ waning appeal for a group that has been a driving force behind ‘innovation. From a report: The trend, driven in part by what many scholars describe as […]
2 Russians and 2 Chinese reach Pan Pacific Open semi-finals
TOKYO (AP) — Two players from Russia and two from China have advanced to the Pan Pacific Open semifinals. Liudmila Samsonova knocked out 2017 Wimbledon champion Garbine Muguruza 6-4, 6-2 in the quarter-finals and next faces Zhang Shuai. Zhang beat Petra Martic 7-5, 6-2. Samsonova also defeated current Wimbledon champion Elena Rybakina in the first […]
As Russia waves nuclear specter in Ukraine, China looks the other way
There was no more bragging of their “no limits” friendship declared on the opening day of the Winter Olympics. Instead, Putin conceded Beijing had ‘questions and concerns’ about its faltering invasion, in a subtle nod to the limits of China’s support and the growing asymmetry of their relationship. In the Chinese reading of the meeting, […]
Chinese apps are gaining popularity around the world
From the world’s best short video app, TikTok, to the biggest fast fashion app Shein and the emerging music video app StarMaker, a growing number of mobile apps developed by Chinese companies are influencing people’s daily lives. worldwide. A new report from consultancy iResearch showed overseas revenue from Chinese entertainment apps grew 204% year-on-year in […]
Chinese, Portuguese foreign ministers meet on sidelines of UNGA session
Chinese State Councilor and Foreign Minister Wang Yi on Wednesday met with his Portuguese counterpart, Joao Gomes Cravinho, on the sidelines of the ongoing 77th session of the United Nations General Assembly.Noting that the Chinese people hold friendly feelings towards the Portuguese people, Wang said China-Portugal relations have withstood the test of changes in the […]
Beijing City in Sebewaing serves delicious Chinese food
The first time I visited Beijing was in June 2020, during the height of the COVID lockdown. I was there to photograph an abbreviated Sugar Festival parade featuring the Sugar Queen and her attendants. The parking lot was empty and the pavement radiated heat on a particularly hot day in early summer. Of course, the […]
We must oppose unilateral sanctions without basis in international law (Chinese envoy to HRC)
File Photo: VCG Speaking on behalf of more than 30 countries at the general debate of the 51st session of the UN Human Rights Council, the Chinese envoy on Wednesday urged protecting the rights of countries to independently choose their development path. , as opposed to interference in other countries’ internal affairs, unilateral sanctions without […]
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Nvidia CEO sees ‘big space’ for China sales despite US restrictions
Nvidia Corp CEO Jensen Huang holds one of the company’s new RTX 4090 chips for computer games in this undated photo provided September 20, 2022. Courtesy Nvidia Corp/Handout via REUTERS Join now for FREE unlimited access to Reuters.com Register Sept 21 (Reuters) – Nvidia Corp’s (NVDA.O) chief executive Jensen Huang said on Wednesday he continued […]
China’s economy sinks into $52 billion wall of bad debt
China’s Belt and Road Initiative (BRI), sometimes called the New Silk Road, was one of Beijing’s most ambitious infrastructure projects ever. Launched in 2013 by President Xi Jinping, China aimed to expand from East Asia to Europe, greatly expanding China’s economic and political influence. However, Beijing’s bid to take over the world with its ambitious […]
Chinese and Maltese foreign ministers meet on sidelines of UNGA session
Chinese State Councilor and Foreign Minister Wang Yi met with Maltese Foreign Minister Ian Borg on Tuesday on the sidelines of the ongoing 77th session of the United Nations General Assembly. Noting that this year marks the 50th anniversary of the establishment of diplomatic relations between China and Malta, Wang said mutual respect, equal treatment, […]
Jinsoy supplies Indochinese food | Online features
One of the biggest challenges I faced after immigrating to the United States was finding the same kind of food I had in Karachi. The taste was not the same in the US Only a few places in New York and New Jersey offered similar dishes. Whenever I have visited another state, I have always […]
TikToker swears by this Yelp hack
Here’s how to find the best authentic Chinese restaurant in any major metro area, according to a TikToker. Content creator @rocketjump shared “the easiest way to find Chinese food” on Yelp. He advised foodies to choose a restaurant with a 3.5 out of five star rating, calling it the “sweet spot”. Four stars was too […]
Chinese technology, a mixed blessing in the Middle East
China’s growing influence in the global tech market reflects Beijing’s ambition to be a digital leader. Chinese President Xi Jinping has called for China to dominate high-tech manufacturing by 2025. The Digital Silk Road (DSR), launched in 2015 under the Belt and Road Initiative, reflects this goal of developing digital infrastructure at home and abroad. […]
PM forms body on Chinese IPPs and other issues
ISLAMABAD: Prime Minister Shehbaz Sharif has set up a standing committee on payments to Chinese independent power producers (IPPs), as well as other issues related to different ministries, informed sources said company registrar. The debt stock of Chinese IPPs exceeds 300 billion rupees, which prevents them from importing coal and meeting other payment obligations. On […]
GA-ASI opposes new Chinese agricultural project in Grand Forks
Proposed corn mill presents opportunities for sophisticated military espionage SAN DIEGO – September 20, 2022 – General Atomics Aeronautical Systems, Inc. (GA-ASI), a leading designer and manufacturer of unmanned aircraft systems for US and allied military forces around the world, strongly opposes new Chinese agricultural investment near Grand Forks Air Force Base, ND, and calls […]
Tesla weighs China retail strategy reset even as sales soar
Tesla is reassessing how it sells electric cars in China, its second largest market, and is considering closing some showrooms at flashy malls in cities like Beijing where traffic has plunged during Covid restrictions, two said people aware of the plans. The change would put more emphasis on stores in less expensive suburbs that can […]
Sri Lanka to seek Indian or Chinese line of credit for solar panel imports: Energy Minister Kanchana Wijesekara
Sri Lanka intends to seek an Indian or Chinese line of credit for the purchase of solar panels as a solution to mitigate the high cost of electricity tariffs, the energy and health minister said on Tuesday. Energy Kanchana Wijesekara amid calls from influential Buddhist clergy to protest rising electricity prices. “We have the problem […]
Hong Kong leader ‘explores’ easing controversial COVID restrictions | Economy
John Lee said changes to the controversial hotel quarantine program should not cause “chaos or confusion”. Hong Kong is “actively exploring” changes to tough COVID-19 restrictions that have devastated the economy and driven talent out of the financial hub, with authorities hoping to make an announcement soon, the city leader said. Hong Kong Chief Executive […]
Prime Minister’s concerned lawyer hails event organized by group which Chinese affiliate says aims to ‘raise voice’ of CCP
PM Justin Trudeau sends congratulatory letter, mayor and MPs attend event sponsored by Beijing-affiliated group Democracy advocate warns of Chinese regime’s covert ‘cultural infiltration’ after several Canadian politicians lent support to opening celebration of new Chinese library part of China-based project whose the founder had said that he aimed to “raise the voice” of the […]
Why Nvidia attempted a recovery today
What happened Shares of the graphics chip maker Nvidia (NVDA 1.17%) edged higher on the day, rising 0.6% at 2:09 p.m. ET after rising 2% in early trading, challenging the broader tech sector which is down slightly on the day. Nvidia bounced back after a terrible month in which several new headwinds emerged. In its […]
life in a Chinese re-education camp under Mao Zedong
In his book The Gulag Archipelago, Russian writer Aleksandr Solzhenitsyn looks back on the eight years he spent in a system of Soviet prison camps scattered across the Siberian tundra. Inside the gulag, political prisoners like Solzhenitsyn were sent out into the freezing cold to chop down trees, build houses, and mine for gold and […]
Father and daughter arrested after family dispute over Chinese takeout
Atlantis Ann Schell Bruce Barton Schell A father and daughter have been arrested after a family dispute over Chinese takeout. Wildwood Police were called to the PepperTree Apartments on Friday night after a woman dialed 911 to report a disturbance. The woman’s son claimed he was attacked by his father, Bruce Barton Schell, 51, and […]
China’s economy hit by consumer spending habits
Taking cues from society and social media, young Chinese between the ages of 16 and 24 are stashing away their money and doing without small luxuries like manicures, high-end makeup and restaurants. Called “koukouzu” or “the frugal young Chinese”, according to a recent Global Times reportthis growing group pursues a thrifty lifestyle and compares price […]
Business class flights, 5-star hotels, limos and meeting the Chinese navy
Top executives at the University of Sydney spent $210,422.21 at the University on airfare and accommodation in 2017, with business class flights accounting for the vast majority of this sum. The USyd executive – including Chancellor Belinda Hutchinson, then Vice-Chancellor Michael Spence, Deputy Vice-Chancellors, Pro-Vice-Chancellors and Vice-Principals – spent $171,204.96 alone. in plane tickets in […]
Bulawayo schools introduce Mandarin as a subject
The Chronicle Nqobile Tshili, columnist SOME schools in Bulawayo are set to introduce the Chinese language, expanding their areas of learning as the country’s education system embraces more foreign languages in an effort to create globally competitive citizens. Montrose High School and Nkulumane High School are finalizing the introduction of Mandarin in educational institutions to […]
As Indian trawlers steal Sri Lankan fish, Chinese sea cucumber company offers lifeline
Indian boats illegally poach in Sri Lankan waters, taking advantage of the country’s economic crisis and struggling fishermen Now a Beijing-owned company is helping them grow sea cucumbers instead, for export to mainland China, Hong Kong and Taiwan. www.scmp.com: At 7 a.m., Velupillai Rasaratnam, pushes his 15-foot-long […]
Frugal is the new trend for young Chinese as the economy falters
By Albee Zhang and Tony Munroe BEIJING (Reuters) – Before the pandemic, Doris Fu imagined a different future for herself and her family: a new car, a bigger apartment, fine dining on weekends and vacations on tropical islands. Instead, the 39-year-old marketing consultant from Shanghai is one of many Chinese in their 20s and 30s […]
China-funded road eases movement and movement of goods in Rwanda
KIGALI, Sept. 18 (Xinhua) — A road upgrading project in Rwanda under contract with the China Road and Bridge Corporation (CRBC) has helped smooth traffic and advance continued trade along the Kigali-Bugesera district , in eastern Rwanda. The upgraded road, 13.8 km long, runs from Sonatube roundabout in Kigali, the capital of Rwanda, through Gahanga […]
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UBS is hiring ‘content reviewers’ to check its Chinese publications, reports the Financial Times
The logo of Swiss bank UBS is seen at a branch in Zurich, Switzerland, January 27, 2017. REUTERS/Arnd Wiegmann Join now for FREE unlimited access to Reuters.com Register Sep 18 (Reuters) – Swiss bank UBS is hiring a team of “content reviewers” to ensure its analysts’ Chinese research publications are free of “sensitivity”, the Financial […]
Chinese astronauts go on spacewalk from new station
NEW YORK CITY: There are few forms of human suffering in the world today that the Balkan country of Albania has not experienced throughout its tortured 20th century journey. It experienced North Korean-style isolation when the repressive Stalinist dictatorship that ruled it from 1945 to 1985 cut the country off from outside information and influences, […]
China’s cooling economy hits hot chip start-ups and workers
Fresh out of six months of training courses to develop his skills for a job in China’s talent-strapped semiconductor industry, civil engineering graduate Frank Jiang has sent his resume to more than 20 chip companies since July . None responded with an offer. In China’s Covid-ravaged economic climate, workers have sought to change careers in […]
Senior Chinese lawmaker pays official friendly visit to S. Korea – Xinhua
Li Zhanshu, chairman of the Standing Committee of China’s National People’s Congress (NPC), meets with South Korean President Yoon Suk-yeol in Seoul, South Korea, Sept. 16, 2022. Li paid an official goodwill visit in South Korea from Thursday to Saturday, at the invitation of the President of the National Assembly of South Korea, Kim Jin-pyo. […]
Chinese factory produces British flags after Queen’s death
Ninety minutes after the death of Queen Elizabeth II, orders for thousands of British flags began pouring in at a factory south of Shanghai. More than 100 employees of Shaoxing Chuangdong Tour Articles Co put aside other work and worked 14 hours a day from 7:30 a.m. to make only British-themed flags. They turned out […]
Make way for regional Chinese cuisine
New restaurant and Chinese home chef spotlight nuanced and balanced Sichuan and Hakka dishes /food/discover/it’s-time-to-make-room-for-regional-chinese-food-111663385259233.html 111663385259233 story Catering trends indicate a growing interest in sub-kitchens, and not just for desi rate. This year may well see regional Chinese cuisine take off in India, driven by new openings and pop-ups. This was evident at Tao-Fu, a […]
3 Tibetans die of Covid as Chinese authorities fail to provide timely aid
Three Tibetans are believed to have died of COVID because Chinese authorities failed to provide them with timely medical care, Radio Free Asia reported citing sources. There is an upsurge in COVID cases in Tibet and according to the media citing sources, Tibetans are being held in quarantine facilities by Chinese […]
SCO meeting: ‘color revolutions’ must end, says Chinese President Xi Jinping
On Friday, Chinese President Xi Jinping called on SCO member states to guard against “color revolutions” caused by “external forces” and asked them to maintain strategic independence and safeguard regional stability, in a veiled attack on the United States as it expands its influence in India. -Pacific region. Addressing the 22nd […]
The double standard of Chinese President Xi Jinping’s retirement age
It is customary in China for Communist Party leaders to retire when they reach the age of 68, but that has not stopped President Xi Jinping’s provocative plans for a historic third term. The leader is almost certain to be granted another term once the 20th Party Congress kicks off on October 16, meaning he […]
Does China re-export Russian gas to Europe? | Business | Economic and financial news from a German perspective | DW
As China and Russia meet to discuss broader issues, reports indicate that Russian gas exports are heading to Europe – via China. “The global liquefied natural gas (LNG) market is increasingly well integrated, and changes in regional demand can help balance otherwise tight markets. This redirection of flows serves the interests of all parties involved,” […]
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China’s economy shows signs of recovery as Beijing steps up stimulus
China’s economy showed signs of recovery in August as Beijing introduced stimulus measures to counter a slowdown, although a slump in the housing market and Covid outbreaks continue to influence the outlook. Industrial production, retail sales and capital investment all rose faster than economists expected last month. The urban unemployment rate fell to 5.3%, while […]
Chinese premier stresses continued efforts to promote mass entrepreneurship, innovation – Xinhua
Chinese Premier Li Keqiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China Central Committee, addresses the launching ceremony of Mass Entrepreneurship and Innovation Week at the Great Hall of the People in Beijing, capital of China, Sept. 15, 2022. He also announced the launch of the […]
Employee says Twitter takes money from Chinese government for advertising
The Chinese government bans 1.4 billion Chinese citizens from using the social media service Twitter. But, its local officials are spending money on global advertising on the service. China has become the service’s fastest growing foreign ad market and one of its largest non-US revenue providers for the service. Reuters reporters found that local government […]
Tencent and OPPO join forces to help rural Chinese children’s soccer dream
Key points to remember: Football is growing in popularity in China; the government has the ambition to make the country a “global footballing superpower” by 2050. Despite being a national sensation, the sport’s development is uneven between urban and rural areas, highlighting the difference in economic status. Tencent has teamed up with OPPO for “99 […]
Thailand Bans ‘Depository Services’, Chinese Court Says Investors Can Trade Crypto, Coinbase-BR Partnership + More News
Source: Adobe/koldunova_anna Get your daily digest of crypto-asset and blockchain-related news – by investigating stories that fly under the radar in today’s crypto news.__________ Regulatory News Thailand Security and Exchange Commission (SEC) banned crypto firms from offering staking and lending services. According to a press release, the decision to ban “depository services,” which include paying […]
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Exclusive: Tesla weighs China retail strategy reset even as sales soar
Join now for FREE unlimited access to Reuters.com Register SHANGHAI, Sept 15 (Reuters) – Tesla is reassessing how it sells electric cars in China, its second largest market, and is considering closing some showrooms in flashy malls in cities like Beijing where traffic has plunged for the COVID restrictions, two people familiar with the plans […]
Is the Chinese economy about to turn the page?
A LOT of the world remains focused on the cost of living crisis and rising interest rates. China stands out as something different, as its economy lags the West in some important respects, which may add to its appeal as an opportunity for diversification. Undoubtedly, China has its own challenges, but there are growing signs […]
Chinese consumers set to beat global averages on spending: PwC report
Chinese consumers will have a stronger tendency to spend more on health and beauty products, home entertainment and consumer electronics in the next six months than the global average, despite the challenges posed by the pandemic, according to a new study. A total of 41% of Chinese consumers expect to increase their spending on health […]
Chinese moves in Taiwan rock a remote Japanese island
YONAGUNI, JAPAN — Life may seem tranquil on Japan’s remote Yonaguni Island, where wild horses graze and tourists dive to spot hammerhead sharks, but recent Chinese military exercises have rattled locals. The western island is only 110 km from Taiwan, and a Chinese missile fired during exercises last month landed not far from the coast […]
Tencent: rise and pride | Trade Standard News
Lulu Yilun Chen’s book examines in detail the Chinese digital giant’s birth, rise and market battles TopicsBOOK REVIEW | Literature | tencent Empire of Influence: The History of Tencent and China’s Tech Ambition TO READ THE FULL STORY, SUBSCRIBE NOW FOR JUST RS 249 PER MONTH. Key stories on business-standard.com […]
Chinese conglomerate Fosun shares plunge in watchdog review report
Fosun is a sprawling business empire that includes tourism and finance Greg Baker Text size ADDS stock closing price, dollar bond decline Club Med owner Fosun, one of China’s largest private sector conglomerates, saw billions of dollars wiped from its value on Wednesday as nervous investors reacted to a media report that the group was […]
Shares of Chinese conglomerate Fosun plunge following scrutiny report
Fosun is a sprawling business empire that includes tourism and finance. Photo: Greg Baker / AFP/FileSource: AFP Club Med owner Fosun, one of China’s largest private sector conglomerates, saw billions of dollars wiped from its value on Wednesday as nervous investors reacted to a media report that the group was under regulatory oversight. Chinese corporate […]
When will the Chinese travel market come back?
Helena Beard asks the big question. When will the Chinese travel market come back? For those of us who work in the travel industry in China, Covid has been a very, very long ride. The virus first surfaced in Wuhan at the end of 2019, and by January 25, 2020, the entire Hubai Province was […]
German coalition divided over Chinese bid for Hamburg port terminal
By Andreas Rinke and Sarah Marsh BERLIN (Reuters) – Germany’s ruling coalition is split over whether to let China’s Cosco take a stake in a Hamburg port terminal, government sources say, even as Beijing urges Berlin not to politicize the bid and the Port Authority warns it could hurt the economy. Last year, shipping giant […]
Saudi officials sign tourism deal with Chinese financial firm
Vision 2030 policies ensure Saudi Arabia will become 60% more resilient to oil shocks by 2030: KAPSARC RIYADH: Saudi Arabia’s economy is expected to become 60% more resilient to oil shocks by 2030, according to a study published by the King Abdullah Petroleum Studies and Research Center, a Riyadh-based advisory think tank. “What we mean […]
Chinese Medical Journal review sheds light on protein drug target for treatment of non-alcoholic fatty liver disease
It is a known fact that drinking a large amount of alcohol even for a few days triggers fatty accumulation in the liver and ultimately leads to alcohol-related liver diseases. On the contrary, when fat accumulation occurs in the liver even in the absence of alcohol consumption, the condition is called non-alcoholic fatty liver disease […]
Chinese premier stresses implementation of policy to stabilize economy – Xinhua
Chinese Premier Li Keqiang, also a member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, chairs a special meeting in Beijing, capital of China, Sept. 8, 2022. Li made remarks at the meeting after having heard the reports of two working groups on the work of […]
From Block to Blue Ticks: How China Became Big Business for Twitter
A Reuters review of publicly available government tenders, budget documents and promoted tweets from 2020 to 2022 shows that local authorities and Communist Party of China propaganda offices for cities, provinces and even counties in the countries flocked to Twitter to buy ads. The promotions, often contracted out by local governments to state media, showcased […]
‘Wonderful Rose!’ Ugandan woman teaching China how to cook Chinese food becomes online celebrity with 11 million fans
A Ugandan woman who fell in love with a farmer and moved to a village in China to be with him has become an online celebrity with her posts teaching people how to cook Chinese food. The 29-year-old blogger, identified by her first name Rose, moved to a village in Suichang County, east China’s Zhejiang […]
Senior Chinese lawmaker pays official friendship visit to Mongolia – Xinhua English.news.cn
ULAANBAATAR, Sept. 12 (Xinhua) — Li Zhanshu, chairman of the Standing Committee of the National People’s Congress (NPC) of China, paid an official goodwill visit to Mongolia from Saturday to Monday, at the invitation of the Chairman of the Mongolian State Great Hural (Parliament) Gombojav Zandanshatar. During his visit, Li met with Mongolian President Ukhnaa […]
Opening of the Chinese “white elephant” tower of Sri Lanka | The Guardian Nigeria News
A huge green and purple communication tower in Sri Lanka financed by Chinese debt that has become a symbol of the ousted Rajapaksa clan’s closeness to Beijing will finally open this week, its operator announced on Monday. The 350-metre (1,155ft) Lotus Tower – visible from all over Colombo and built for an estimated $113 million […]
Chinese police strengthen international law enforcement cooperation against telecommunications and online fraud
Photo: PCP The past decade has witnessed the rapid spread of telecommunications and online fraud around the world, which seriously undermines people’s legitimate rights and interests, becoming a high-profile crime and a public danger. To solve this problem, the Chinese police have pledged to intensify their efforts in combating and controlling these crimes, and to […]
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Xi to meet Putin on his first trip outside China since COVID began
LONDON/BEIJING, Sept 11 (Reuters) – Xi Jinping will leave China for the first time in more than two years for a trip this week to Central Asia where he will meet Russian Vladimir Putin, just a month before he was to is about to cement his place as the most powerful Chinese leader since Mao […]
China zero-Covid: Chinese researchers tread the sensitive ground
hong kong CNN Business — Shanghai authorities have denied report by a major Chinese real estate research firm which claimed that more than a third of the stores in a major mall had been closed due to strict Covid restrictions. The report by China Real Estate Information Corp. (CRIC), published late last month, quickly went […]
The disengagement from the LAC was a boon for Xi. But the Chinese media does not tell people that
IIndia and China begin their disengagement at Patrol Point 15 in the Gogra-Hotsprings area. Rumors are swirling about President Xi Jinping’s planned visit to Central Asia. Chinese politician Li Zhanshu extends his support for Russia’s war in Ukraine. China celebrates the Mid-Autumn Festival. Chinascope brings you the latest developments in Chinese foreign affairs and society […]
ALEX BRUMMER: Chinese Puzzle for New Business Secretary Rees-Mogg
ALEX BRUMMER: If the new business secretary wants to ensure UK technology is handled in the public interest, he should make sure the deal with Aveva is scrutinized By Alex Brummer for the Daily Mail Published: 4:50 p.m. EDT, September 11, 2022 | Updated: 4:50 p.m. EDT, September 11, 2022 After rushing into action during […]
SFIO arrests ‘mastermind’ behind network of Chinese front companies
The Serious Fraud Investigation Office (SFIO) has arrested a person who, according to the Ministry of Corporate Affairs (MCA), became the mastermind of the racketeering of incorporating a large number of shell companies with links to China in India. The September 10 arrest comes after Finance Minister Nirmala Sitharaman ordered the MCA to identify […]
India says it uncovered fraudulent front companies with ties to China By Reuters
MUMBAI (Reuters) – Indian authorities said on Sunday they had arrested a man who orchestrated the creation of numerous shell companies linked to China and appointed dummy directors to run the fraudulent companies. The latest arrest was part of a larger investigation launched by the federal government’s Serious Fraud Investigation Office (SFIO) against the founders […]
UN report confirms Chinese atrocities against Uyghurs: Dolkun Isa
The president of the World Uyghur Congress spoke to The Sunday Guardian. NEW DELHI: The recently released report by the United Nations (UN) on the condition of Uyghur Muslims in Xinjiang has sparked serious concern and discussion internationally, as it is the first time that an independent assessment of Xinjiang has confirmed the atrocities to […]
Bill Emmott: China’s decline as a superpower is concerning
Bill Emmott (Mainichi/Kentaro Ikushima) Which of the world’s superpowers has emerged well from the past three years of shocks, first the coronavirus pandemic and now Russia’s invasion of Ukraine? The first answer is, none of them. The second answer, however, is that while the weaknesses and vulnerabilities of […]
Pakistani government to start paying dues for Chinese energy projects next week
Pakistan has announced that it will start making payments to independent power producers (IPPs) set up under the China-Pakistan Economic Corridor from next week, local media reported on Saturday. The Dawn newspaper reported that the government has also established a schedule of regular monthly payments for a full financial year to […]
Chinese Celebrate Festival, awards scholarships to 63 Nigerians
1 The Chinese community of Nigeria Friday celebrated its 2022 Mid-Autumn Festival, the upcoming Chinese National Day and Nigeria’s Independence Day in a colorful event at Lagos. 2 The event, which was opened by Chinese Ambassador to Nigeria, Cui Jianchun, brought together dignitaries from all walks of life. 3 In his remarks, Cui called for […]
As the Chinese economy goes, so does copper.
With the weakness of the Chinese economy confirmed this month by poor business surveys for manufacturing and services, as well as a marked slowdown in the pace of exports and importers, the price of copper – an indicator key to China’s economic health – also continues to struggle. After a slight rally in early to […]
China’s economy is in serious trouble
As the growth of the world’s major economies are slowing down due to high inflation, exacerbated by the war in Ukraine, many economists hope that China will once again come to the rescue of the world. But this is not 2008, when China’s then rapidly expanding economy and a huge stimulus unleashed by the government […]
Discouraging the Chinese Communist Party’s Influence in Listed Companies
Imagine having to have a Democratic Party committee, a Republican Party committee, or even a Communist Party committee embedded in a company where you work. Further imagine that such a committee is located at the senior management level and that the committee or its members are vested with decision-making power or authority over the affairs […]
Chinese tech titans are losing global backers
Ma ”Pony” Huateng, co-founder of Tencent Holdings Ltd. (Photo by Jerome Favre/Bloomberg) © 2015 Bloomberg Finance L.P. China’s biggest tech companies, which had generated rich returns for global investors in years past, are losing appeal to many of their early backers. The bleak outlook for the country’s tech sector has prompted investors to lock in […]
Co-branding strategies for the Chinese market: how to attract the Gen Z audience
Co-branding is the latest strategy that has taken the marketing industry in China by storm. Michaela Zhu, Marketing Manager at Emerging Communications, explains what it is and how marketers can relate to it. In recent years, international brands have increased their sales, increased their social media presence and revitalized their corporate image in China, all […]
Fresh COVID outbreaks in 31 Chinese provinces shatter PM’s hope of reviving economy
Thirty-one provinces and municipalities in China have reportedly faced COVID-19 outbreaks, with some cities imposing heightened epidemic prevention and control measures. The new round of lockdowns disrupts Premier Li Keqiang’s intention to save the economy, according to several political analysts. According to Chinese state media, 31 of the country’s 34 provincial administrative regions and the […]
India’s War on China: The Next Generation
The Last War: How AI will shape India’s final showdown with China TO READ THE FULL STORY, SUBSCRIBE NOW FOR JUST RS 249 PER MONTH. Key stories on business-standard.com are only available to premium subscribers. Already a premium subscriber? LOGIN NOW SUBSCRIBE TO PERSPECTIVES MONTHLY ₹ […]
Senior Chinese lawmaker says China advocates multipolar world, cooperation with Far East – Xinhua
Li Zhanshu, chairman of the Standing Committee of the National People’s Congress, attends the plenary session of the 7th Eastern Economic Forum (EEF) and delivers a speech titled “Advancing the Process of Global Multipolarization and Opening a New Chapter of regional cooperation’ in Russia’s Far Eastern city of Vladivostok, Sept. 7, 2022. (Xinhua/Pang Xinglei) VLADIVOSTOK, […]
The dialogue of Chinese taikonauts with African youth is another summit
The “Talk with taikonaut” event at the African Union headquarters in Addis Ababa, Ethiopia, Sept. 6, 2022. /Xinhua The “Talk with taikonaut” event at the African Union headquarters in Addis Ababa, Ethiopia, Sept. 6, 2022. /Xinhua Editor’s note: Stephen Ndegwa is a Nairobi-based communications expert, a lecturer-researcher at the United States-Africa International University, and an […]
Chinese pine nut picker rescued after drifting 300km in hydrogen balloon
The man, surnamed Hu, was working alongside a colleague in Hailin county, Heilongjiang province, on Sunday when they lost control of the ball. While his colleague was jumping to safety, Hu missed his chance and walked away. He was not found until 9am local time on Tuesday when – after tracking his mobile phone signal […]
Canadian city commemorates historic protest against ‘Chinese-only’ schools
A century later, residents of Victoria, British Columbia commemorate the successful protest of the Chinese community in 1922 against the city’s school segregation. Residents this week paid tribute to the Sept. 5 boycott, in which some 200 Chinese students walked out and refused to attend “Chinese-only” schools designated for them by the council amid anti- […]
NY Times report calls China’s new communist fashion style ‘cool’, casts Xi Jinping as a ‘fashion influencer’
NEWYou can now listen to Fox News articles! In an article on Wednesday, New York Times Hong Kong reporter Joy Dong wrote that Chinese fashion inspired by the new communist regime was “cool” and claimed that Chinese Communist Party leader Xi Jinping had become a “fashion influencer”. The article describes how young people across the […]
ViewRay Announces Chinese NMPA Approval of Its MRIdian® MRI-Guided Radiation Therapy for Cancer Patients
Approval Expands MRIdian’s Global Reach and Offers Cancer Patients a New Radiation Therapy Option: MRIdian SMART DENVER, September 7, 2022 /PRNewswire/ — ViewRay, Inc. (NASDAQ: VRAY) today announced that the company’s MRIdian MRI-guided radiation therapy system has received approval from China’s National Medical Products Administration (NMPA) regulatory authority, allowing it to be sold and used […]
Chinese Taipei surprise China U-18 Asian Women’s Basketball Championship
Chinese Taipei produced one of the biggest upsets in the FIBA U-18 Asian Women’s Basketball Championship (A Division), with an impressive 74-61 victory over world No. 4, 16-time China. champions in a Group A match, at the Sree Kanteerava Stadium here on Wednesday. The last time they beat China was in the Asian Under-18 Championship […]
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On COVID alert, more Chinese cities advise residents to stay put for vacation
BEIJING, Sept 7 (Reuters) – Other Chinese cities on Wednesday advised residents to avoid unnecessary travel for the upcoming long holiday weekend, adding to COVID policies that are keeping tens of millions under control and which weigh heavily on the economy. Nanjing and Wuxi, major cities in east China’s Jiangsu Province, have warned residents not […]
Some predict that the Chinese economy will not overtake the American economy
The sharp slowdown in Chinese growth over the past year is prompting many pundits to reconsider when China will overtake the United States as the world’s largest economy — or even if it ever will, the Wall reported. StreetJournal. Until recently, many economists assumed that China’s gross domestic product measured in U.S. dollars would overtake […]
Increase local production to reduce Chinese fish imports
Editorials Increase local production to reduce Chinese fish imports Wednesday 07 September 2022 Fresh stock at the Ferry Fish Market in Mombasa. FILE PHOTO | NMG Worryingly, Chinese fish imports now account for 83% of the Kenyan fish market. Data from the State Department of Fisheries shows that Kenya shipped 14.8 million kilos of fish […]
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China’s top banks face squeezed margins amid calls to help economy grow
People visit the booth of Industrial and Commercial Bank of China (ICBC) at the 2021 China International Trade in Services Fair (CIFTIS) in Beijing, China September 3, 2021. REUTERS/Florence Lo/File Photo/File Photo Join now for FREE unlimited access to Reuters.com Register BEIJING, Sept 6 (Reuters) – Leading Chinese banks gearing up to heed Beijing’s call […]
Chinese banks extend more loans to support real economy – Xinhua English.news.cn
Photo taken on May 25, 2022 shows the night view of a mega bridge over the Jinyang River, which connects the old and new counties of Jinyang County, southwest China’s Sichuan Province. (Photo by Long Boha/Xinhua) BEIJING, Sept. 6 (Xinhua) — China’s major state-owned banks stepped up lending to support the real economy in the […]
America in Offense Against the Chinese Communist Party | Columnists
America took offense to the Chinese Communist Party (CCP) last month. Legislation I drafted to outpace innovation and competition with China was signed into law on August 9th. The legislation had many titles – the Endless Frontier Act, the US Innovation and Competition Act and finally the CHIPS and Science Act. The enactment of this […]
Beijing concerned about US pressure on Chinese companies using state power
China is concerned about the U.S. practice of using government power to pressure Chinese companies, which goes against the principles of market economy and international trade and economic rules, China said on Monday. Chinese Foreign Ministry spokesman Mao Ning. MOSCOW (UrduPoint News / Sputnik – September 05, 2022) China is concerned about the US practice […]
Chinese Communist Party’s Irresponsible Policies Fuel Public Anger
The Chinese public is floundering. Around ordinary people, the iron laws of Chinese state capitalism that they once trusted are crumbling: the price of housing, which for decades had been thought to keep rising, fell for the first times in six years this spring in more than half of China’s largest cities. A college education, […]
Chinese government announces 190 scholarships for Liberians
“At the same time, you are cultural envoys from Liberia. You are expected to contribute to the enhancement of China-Liberia friendship and win-win cooperation. I am sure that this experience will be a pleasant and unforgettable memory in your life,” Chinese Ambassador to Liberia Ren Yisheng said. The Chinese government, through its embassy near Monrovia, […]