Demoralized young Chinese are looking for pathways out of the carefully scripted lives their elders want for them …
Monthly Archives For January 2024
US sailor who spied for China sentenced to 27 months
A US Navy petty officer who pleaded guilty to providing sensitive military information to a Chinese intelligence officer was sentenced to more than two years in prison on Monday, the US Justice …
FirstFT: China detains executive of Evergrande’s electric car unit
Also in today’s newsletter, Boeing and supplier shares tumble and Beijing acts to ease fears of another crackdown on video games …
China’s revised charity law lacks incentives to spur donations despite ‘common prosperity’ drive
Amid two high profile donations, China passed revisions to its 2016 Charity Law last month, but industry observers say the changes do not go far enough despite Beijing’s ‘common prosperity’ drive.
China food security: agricultural corruption crackdown ‘far-reaching’, state broadcaster says
Second episode of a four-part documentary series by state broadcaster CCTV focuses on corruption in China, including food security in Heilongjiang province, with 1,011 cases filed and 1,367 officials …
Dem report on Trump’s financial ties to China puts focus on GOP’s Biden impeachment inquiry
China was one of 20 countries that made a total of $7.8 million in payments to Trump properties, yet Beijing’s $5.5 million marked the largest payout, according to financial documents cited in the …
China seeks to bolster rental housing market amid property slowdown
People’s Bank of China and the National Administration of Financial Regulation prioritise rental unit supplies in large cities to meet the needs of young workers, including increasing credit support …
China’s economic crisis gets WORSE as stocks hit five-year low
China’s post-Covid economic issues are worsening as stocks hit a five-year low today. The onshore equity benchmark has been pushed to its lowest in nearly five years, testing the resolve of investors …
China’s corruption busters shame city boss for wasting US$21 billion on vanity projects that failed and ran up heavy debts
CCTV documentary featuring former Guizhou official who left a city at risk of default suggests that the country’s graft watchdog will target the misuse of public funds this year.
Congress focuses on China risk at U.S. colleges and universities
Matthew A. Goldstein of Akerman LLP discusses a congressional focus on China’s state-sponsored influence and technology transfers at U.S. colleges and universities.
China’s visa-free offer boosts inbound travel, but Chinese tourists still prefer to stay home
A month after a visa waiver travel policy was introduced for 6 countries, China’s reputation as an Asian travel destination shows a rebound.
The US invented shopping malls, but China is writing their next chapter
These centers look familiar to American eyes, which isn’t surprising: U.S. architectural firms built 170 malls in China during this period. Like their U.S. counterparts, many Chinese malls have fallen …
I lived in China for almost 2 years. I missed these 11 things from Aldi while I was abroad.
After moving to China in 2017, I missed Aldi products like Clancy’s corn chips, Millville maple syrup, and the Tuscan Garden Italian dressing.