A storm is gathering strength in China’s overheated industries, and its name is neijuan, as government intervention squares up against the law of the jungle.
NEWS
Beijing to launch custom shuttle service to Xiong’an New Area
Beijing will launch a customized shuttle bus service between the city and Xiong’an New Area in neighboring Hebei province on Friday to meet the increasing commuting needs of people traveling between the two places.
China Videos Tease Beijing’s Newest ‘Sixth Generation’ Fighter Jets
New footage widely circulating online on Thursday appears to show a Chinese advanced stealth fighter flying for the first time, which could be a major step forward for Beijing’s air force if confirmed. Newsweek has…
China revises up 2023 GDP, sees little impact on 2024 growth
China on Thursday revised up its 2023 gross domestic product (GDP) by 2.7% to 129.4 trillion yuan ($17.73 trillion), the head of the National Bureau of Statistics Kang Yi said at a press conference in…
Who Funds the WHO, and What Do Russia and China Have to Do with It?
The transition team of Donald Trump insists on announcing the withdrawal of the United States from the World Health Organization (WHO) on the inauguration day …
Lakshya Sen to Compete in Star-Studded King Cup 2024 Badminton Debut
Lakshya Sen will be among eight elite players in the inaugural King Cup International Badminton Open 2024 in Shenzhen. Launched by Lin Dan, this non-ranking event features top players like Anders …
Beijing’s Zhengyang Gate arrow tower reopens after 3 decades
The Zhengyang Gate arrow tower, an important heritage site along Beijing’s iconic Central Axis, reopened to the public on Tuesday after more than 30 years of closure. The reopening follows the Central Axis’s inclusion onto…
China’s CATL to seek Hong Kong listing
Chinese battery manufacturer CATL said on Thursday it plans to seek a listing in Hong Kong, a Shenzhen Stock Exchange filing showed.
In a first, Taiwan’s Presidential Office runs tabletop simulation on a China emergency
Taiwan’s Presidential Office held its first “tabletop” exercise involving government agencies beyond the armed forces on Thursday, simulating a military escalation with China amid renewed threats from Beijing,
China Pressures Women To Help Avert Population Crisis
Local Chinese authorities have stepped up efforts to encourage women to consider having more children, including through controversial cold-calling campaigns.
China raises its estimate for the size of its economy in 2023
China’s economy grew a bit more in 2023 than earlier thought, but the revision has not affected forecasts for “about 5%” growth in the GDP this year, the government said Thursday. The estimate for …
How China turns members of its diaspora into spies
But it has also been pursuing a more subtle campaign, one that involves bribery, blackmail and secret deals, and which uses people such as Mr Tang and other members of the Chinese diaspora to carry…
US legal industry’s China retreat gained steam in 2024
Major U.S. law firms scaled back from Greater China’s legal market at a rapid pace in 2024, highlighting an uncertain future for foreign firms in the world’s second largest economy.