LOS ANGELES – The KP.3.1.1 COVID-19 variant, now the predominant SARS-CoV-2 variant circulating in the United States, has been causing increasing infections in the country, the latest data from the US …
Monthly Archives For August 2024
‘Rotten-tail kids’: China’s rising youth unemployment breeds new working class
Rising unemployment in China is pushing millions of college graduates into a tough bargain, with some forced to accept low-paying work or even subsist on their parents’ pensions, a plight that has …
World’s largest iPhone factory loses momentum amid supply chain diversification away from China
The disruptions in late 2022, when thousands of workers fled in fear of draconian Covid-19 control measures, dealt a heavy blow to the role of the factory The world’s largest iPhone factory, in the …
China’s rising youth unemployment breeds new working class: ‘Rotten-tail kids’
Rising unemployment in China is pushing millions of college graduates into a tough bargain, with some forced to accept low-paying work or even subsist on their parents’ pensions, a plight that has …
China Sends a Permitting Wake-Up Call
U.S. restrictions on mining critical minerals give Beijing military leverage.
China’s Xi backs Fijian PM’s Pacific plan ahead of regional meeting
Chinese President Xi Jinping told visiting Fijian Prime Minister Sitiveni Rabuka he backed his “Ocean of Peace” plan during a meeting in Beijing on Tuesday, Chinese state media reported, days ahead of …
China’s money laundering crackdown heightens risk for crypto investors, USDT traders
China’s highest court says use of virtual assets to transfer criminal proceeds is among a range of money laundering methods on the mainland.
China beer market loses fizz as spendthrift drinkers opt for cheaper brews
An upmarket strategy has gone flat amid a decline in spending while long-term demographic trends are shrinking the population of fans.
China’s eateries slash prices by up to half to woo diners hungry for value, but at what cost?
From hotpot to coffee, F&B brands have been slashing prices to attract increasingly budget-conscious diners in a competitive market. Analysts have questioned if such moves are sustainable, and whether …
Outlook darkens for China’s already weak steel output
China’s steel output slumped in July and is likely to continue to fall in coming months as mills struggle for profits amid sluggish demand and look to comply with government guidance that ensures annual production…
Check out China’s ‘Orange County’
About the community: China’s Orange County, developed by Beijing real estate mogul Zhang Bo in collaboration with Newport Beach architects and Orange County designers, is a gated community that mirrors Southern California’s suburban lifestyle.
BlueScope Steel warns a ‘large volume of steel’ is leaving China and flooding markets in Australia and overseas
A prolonged downturn in China’s property market will have significant flow-on effects for the Australian government’s finances and the local steel industry, economists warn.
China Copied Its Way to Building a World-Class Air-to-Air Missile
China also finally fielded a top-class short-range air-to-air missile called the PL-10 (initially, PL-ASR) in the same ballpark as the U.S. AIM-9X and Russian R-74 missile. Its key characteristics …
