Mercedes-Benz’s all-important China motor is sputtering. The $64 billion luxury carmaker warned of collapsing earnings and free cash flow this year, as a real estate bust in the People’s Republic …
Monthly Archives For September 2024
China’s economic puzzle: Navigating new challenges
China is grappling with significant economic challenges, primarily due to a weakening real estate sector and a strategic pivot towards high-tech industries. President Xi Jinping’s focus …
USA: Smoke from California wildfire blankets Corona
On 9, 2024, a video shared by @king.and.queen777 shows smoke from a wildfire blanketing the area in Corona, California, USA. The footage captures the thick smoke drifting over the landscape as the …
How a rising dependency ratio has forced China to increase its retirement age
China has raised the retirement age for workers after decades, as its economy, already in the doldrums from the bust in its housing sector, grapples with the economic impact of a dwindling population.
Cold War Spy Photos Reveal Ancient Subterranean Aqueducts
Qanats can date back 3,000 years, but can be really tricky to find, especially in politically volatile countries.
China report says killer of Japanese schoolboy in Shenzhen has prior record of misdemeanours, jobless
Chinese media have reported details of the suspect arrested in the stabbing murder of a Japanese child in Shenzhen. China Daily reported that the man, surnamed Zhong, is 44 years old and without a steady…
Meituan riders out-earn the average worker in Beijing, data from food delivery giant shows
According to the report, Meituan delivery people who work in major cities and meet the company’s minimum work time requirement took home an average monthly pay of 11,000 yuan (US$1,550) in June. Those …
Chinese may be growing out of their obsession with high-end Western brands, like how I outgrew my fascination with ‘decadent Western’ jeans
Chinese may be growing out of their obsession with high-end Western brands, like how I outgrew my fascination with ‘decadent Western’ jeans.
Hubei Govt, China Mobile Ink Strategic Cooperation Agreement
The Hubei Provincial People’s Government recently signed a strategic cooperation framework agreement with China Mobile Communications Group, under which both parties will further strengthen …
China’s leading AI start-ups eye fresh opportunities after OpenAI previews latest LLM
The ChatGPT creator’s new OpenAI o1 LLM is designed ‘to reason through complex tasks and solve harder problems than previous models’ China’s leading artificial intelligence (AI) start-ups are looking …
BYD’s Southeast Asian partner explains what helped the Chinese EV brand break out overseas: Putting the steering wheel on the right side
Sime Darby, No. 25 on the Fortune Southeast Asia 500, is working with BYD to sell EVs in Singapore and Malaysia.
New study finds more evidence COVID-19 emerged from Wuhan market
A new study published in the journal Cell is supporting the theory that COVID-19 emerged from wildlife trade at Huanan Seafood Market in Wuhan, China. Based on over 800 surface samples collected in …
Japanese student stabbed near his school in Shenzhen has sadly died; police brief the case: local media
The attacker who stabbed a student from a Japanese school in Shenzhen was found to have a criminal record. The investigation of the stabbing incident revealed that it was an isolated case, and further investigation…
