More concerts have been held in Beijing this summer, attracting people from across the nation, sparking a fresh wave of urban consumerism and bringing new vitality to the capital’s economy. Despite temperatures soaring to nearly…
Monthly Archives For August 2024
How China Wants High-Tech To Power Its Economy To The Top
Beijing has a four-pronged strategy that could challenge multinationals, bolster Chinese competitiveness, and position Chinese firms to set global engineering standards.
South China Sea: what is Beijing’s ‘maritime militia’ and how does it support the PLA?
Hundreds of fishing vessels used as auxiliary forces are ‘floating pieces of sovereignty’ that help the PLA with surveillance, reclamation support and disaster relief.
From Venice to Beijing by bicycle, cyclists remember Marco Polo in their own way
On the occasion of the 700th anniversary of Marco Polo’s death, two cyclists wrapped up their challenge of a lifetime – cycling from Venice to Beijing, where they arrived on Thursday after a grueling ride…
China is mulling raising retirement age, but it’s not going down well with youths. What’s at stake?
China’s retirement age was a product of the times – when life expectancies were shorter and conditions were vastly different. Fast forward to now and a recalibration appears firmly on the cards, but …
China’s spies named most significant counterspy threat, new strategy reveals
Foreign spying and technology theft by Chinese intelligence operatives pose the most significant threat by hostile foreign spy services, according to a new national counterintelligence strategy made …
Former Global Times top editor Hu Xijin goes dark on social media after now-deleted article on China’s economic strategy
At the heart of the matter is a now-deleted article by Mr Hu, weighing in on the outcomes of the recent third plenum. He had written that the omission of a phrase long enshrining the…
China Rejects $1 Trillion Housing Rescue Plan Proposed by IMF
In its annual review of the world’s second-largest economy published Friday, the IMF urged China to use “one-off” fiscal resources …
Tim Cook Is Not Worried About Apple’s Slowing Business in China
Certainly the [environment] there is the most competitive in the world,” Apple CEO Tim Cook told analysts on the earnings call yesterday. However, Apple’s falling sales were also influenced by …
U.S. and Philippine Warships Patrol South China Sea
Independence-class littoral combat ship USS Mobile (LCS-26) conducts a Maritime Cooperative Activity with Philippine Navy’s Gregorio del Pilar-class patrol ship, BRP Ramon Alcaraz (PS-16), in the …
China’s economic downturn causes major luxury brands to reevaluate strategies
China’s economic downturn has significantly impacted luxury brands, following declines in the housing sector, stock market, and job market. For the first time, leading global retailers are publicly …
Crypto Scams Persist in China Despite Ban, Shaanxi Police Detain Four Suspects
Mainland China, recognized as one of the most stringent jurisdictions regarding cryptocurrency regulation, continues to grapple with investment scams despite a comprehensive ban on most crypto …
China’s government bonds extend record run driven by a safe asset shortage, rate cut hopes
The yield on 10-year Chinese government bonds dropped to a record low of 2.124 per cent, as the country’s lower-than-expected economic growth in the second quarter and a protracted property crisis …
