China confirmed on Tuesday the detention of a South Korean citizen suspected of espionage, saying it had advised embassy officials, but without identifying the individual or detailing the charges.
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China detains South Korean on suspicion of espionage
China’s CITIC Securities Q3 profit rises 21.9%
CITIC Securities Co , China’s biggest brokerage, reported a 21.9% rise in third-quarter profit on Tuesday, driven by growing investment gains.
China to send 14th crewed mission to space on Shenzhou-19
Of the 14 crewed missions, eight were visits to China’s independently built space station Tiangong, or “Celestial Palace” in Chinese
ByteDance founder Zhang Yiming tops China’s rich list
ByteDance founder Zhang Yiming tops the list of China’s richest people, according to the Hurun Research Institute, although many of them have seen their net worth plunge over the past year …
Halloween partygoers pushed boundaries in Shanghai last year. This year, police are taking notice
A year after Shanghai’s boisterous Halloween celebrations made global headlines, revelers dressed as Republican presidential nominee Donald Trump and comic book superheroes were escorted away by …
Exclusive-Eyeing US Election, China Considers Over $1.4 Trillion in Extra Debt Over Next Few Years, Say Sources
(Reuters) – China is considering approving next week the issuance of over 10 trillion yuan ($1.4 trillion) in extra debt in the next few years to revive its fragile economy, a fiscal package which is…
Arthur Hayes says China’s QE and stimulus will be really good for Bitcoin
Arthur Hayes, the brain behind BitMEX and Maelstrom, thinks China’s plans for economic stimulation and “quantitative easing” (QE) will work wonders for Bitcoin.
Tencent’s Penguin Island in Shenzhen city to complete phase one and open by year-end
The Shenzhen Qianhai Development Zone announced new progress on Tencent’s new headquarters project, Penguin Island, located in the Dachan Bay area of …
Beijing unveils policies for strengthening financial services
China’s capital city Beijing has announced a series of policy initiatives for five key financial areas: tech finance, green finance, inclusive finance, pension finance, and digital finance. These …
China power demand growing faster than expected in 2024, industry association says
China’s power demand will grow faster than expected this year due to record heat waves and Beijing’s economic stimulus aimed at shoring up demand, an industry association said in its latest quarterly …
Penang tourism exco welcomes direct air link with Shenzhen, sees it as new bridge to grow trade and culture
Penang today welcomed AirAsia’s inaugural direct flight from Shenzhen, marking a milestone in the state’s tourism development. The flight departed …
China says it’s ready to launch next crew to its orbiting space station Wednesday
China says all systems are ready to launch the next crew to its orbiting space station on the latest mission to make the country a major space power …
Beijing E-Town sees 8.3% growth in trade in first three quarters
In the first three quarters of 2024, the total import and export of E-Town registered at 122.87 billion yuan, representing a year-on-year growth rate of 8.3%. During the same period, E-Town’s import totaled 81.