With high youth unemployment rates, Chinese graduates are resorting to working as waiters, cleaners and movie extras.
Monthly Archives For January 2025
Human Metapneumovirus Outbreak in China: HMPV Symptoms & More
The most common symptoms associated with HMPV are nasal congestion, cough, fever and shortness of breath, according to the CDC. In the U.S., the virus typically spreads between the winter and the spring seasons, the…
US sanctions Chinese cybersecurity firm for alleged role in Beijing-sponsored hacks
Treasury Department accuses Integrity Tech of involvement in ‘multiple computer intrusion incidents’ linked to Flax Typhoon hacking group.
Feds Sanction Chinese Firm for Helping ‘Flax Typhoon’ Hackers
The Treasury Department says Integrity Tech operated Flax Typhoon’s botnet—a network of at least 260,000 compromised devices that helped the attackers hide their identities.
China to Subsidize Smartphone Purchases in Bid to Lift Spending
China will expand consumption subsidies to cover smartphones and other electronics, in a step to promote domestic spending as external headwinds pick up.
Apple iPhones Lose Ground In China As Subsidies Boost Huawei, Domestic Rivals
November sales of foreign-made phones in China plummeted as Apple struggles to maintain market share in the face of China’s government subsidies and support of its domestic brands.
Foreign phone sales plunge 47% in China spelling trouble for Apple
Apple is under pressure in China as a result of rising competition from domestic brands, in particular Huawei.
US sanctions China’s Integrity Technology over alleged hacking sweep
The U.S. on Friday sanctionedChina’s Integrity Technology Group, accusing it of being behind a prolific hacking group known as “Flax Typhoon.” …
Edith Yeung Sees Big Things to Come for Crypto in Hong Kong
A venture capitalist who was one of the first investors in Solana says building liquidity is now key to Hong Kong’s development as a crypto hub.
China’s economy still hasn’t fully emerged from the pandemic as a new year dawns
Weak consumer demand is just one of a range of factors plaguing the economy as the calendar turns from 2024 to 2025, even after policy makers meted out stimulus measures throughout the past year.
China hiding new epidemic? ‘Covid-like’ virus HMPV sparks new scare; chaos grips hospitals | Report
China is reportedly grappling with a surge of respiratory illnesses, including human metapneumovirus (HMPV), influenza A, Mycoplasma pneumoniae and Covid-19, overwhelming hospitals and crematoriums.
China faces Covid-like scare again: All you should know about HMPV & other viruses overwhelming hospitals and crematoriums
China is coping with an outbreak of human metapneumovirus (HMPV), along with other viruses such as Influenza A, Mycoplasma pneumoniae, and Covid-19. Hospitals and crematoriums are reportedly …
China’s financial crisis deepens – Now economists expect a recession
China’s economy is unraveling right before our very eyes. The 10-year government bond yield just tanked below 1.60% for the first time ever, sending a clear message: this is no ordinary slowdown.