A court in China sentenced a former party official to jail for life, accusing him of taking advantage of his political functions. In particular, the official, Yi Xiao, accepted $17 million in bribes …
Recent Posts
North Korean Airline Lands in Beijing Marking First International Flight Since COVID
Flight data indicates an Air Koryo passenger jet flew from Pyongyang to Beijing on Tuesday, in a sign of easing border restrictions that could repatriate North Korea’s stranded nationals abroad and …
Can China Fix Its Trillion-Dollar Local Debt Crisis?
China has seen the world’s largest infrastructure boom over the past decade, making it one of the primary drivers of the Asian nation’s economic growth. But companies that borrowed money to finance …
US Secretary of Commerce to Visit China to Discuss Trade Relationship as Imports from Mexico Surge
Gina Raimondo will travel to Beijing and Shanghai as Mexico has replaced China as a top source for US imports.
US commerce chief Gina Raimondo to visit China for three days seeking ‘constructive discussion’
Raimondo in trip to Beijing and Shanghai plans to raise Washington’s concerns about weak transparency in Beijing’s economic and national security data.
Unpaid workers, silent sites: China’s property woes hit Country Garden
At an unfinished Country Garden residential complex on the outskirts of the northern Chinese metropolis of Tianjin, construction has slowed to a dull whirr and a few idle workers roam a near-empty …
China’s military working on AI weapons and systems for warfighting and ‘overthrowing regimes’
China’s military is working on artificial intelligence weapons and technical systems that the Communist Party-ruled government in Beijing hopes will boost the People’s Liberation Army’s warfighting …
Survey: Many Hongkongers in UK Feel Unsafe Visiting Beijing’s Diplomatic Offices, at Protests
Many Hongkongers who moved to the U.K. after China cracked down on their home city are concerned about their safety while protesting Beijing’s policies or visiting Chinese diplomatic offices to extend …
Warnings of scientific ‘suicide’ as US-China research collaboration hangs in balance
Some US legislators want the US-China Science and Technology Agreement, renewed every five years since 1979, to be allowed to expire this month …
China’s yuan faces a cocktail of bearish headwinds even as Beijing scrambles to prop up the currency
China’s currency has more downside ahead, according to JPMorgan strategists. Beijing has attempted to prop up the weakening yuan, but the bank sees reason to stay bearish. “The fundamental case for …
China is furious with Japan’s plan to release treated Fukushima water into the ocean
The imminent Fukushima water release comes more than a decade after Japan was rocked by the second-worst nuclear disaster in history. Japan’s government has repeatedly said the discharge of the …
Fintech giant Ant Group, back in Beijing’s good graces, uses Alipay+ to burnish Hangzhou’s tech image for Asian Games
The fintech affiliate of Alibaba is expanding support to several Asian e-wallets through its Alipay+ service to smooth travel to its home city After its IPO was quashed in 2020, Ant is now a central…
China’s gloomy economic outlook has taken the fizz out of consumer spending, PwC says
Financial uncertainty in China has ‘further undermined consumer confidence and heightened risk of deflation’, PwC executive says Lacklustre second half ahead for Hong Kong’s retail sales: PwC Chinese …