China Vanke, once the country’s largest homebuilder by sales, has narrowly avoided a major financial crisis, raising alarm about the state of China’s struggling property sector. The developer almost …
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South China Sea joint statement says China’s maritime claims have no basis
After a decade of trying, China just installed a Shenzhen supercomputer ranked the most powerful on Earth, and the Top500 confirms it
Beijing Guoan mourns its former player Manú’s death
‘No legal basis’: US, EU and 13 nations reject Beijing’s South China Sea claims
Typhoon Bavi weakens but still brings strong winds and rain to China
Five Guys to open in Beijing as more US chains hunger for success in China
14 nations and the EU reaffirm 2016 ruling invalidating China’s claims in South China Sea
Recent Posts
China property crisis deepens as Vanke narrowly avoids bond default, shaking investor confidence
China probes banks’ Venezuela credit exposure after US raid, say reports; Deutsche Bank shares trade above book value
China’s financial regulator has asked the country’s development banks and major commercial lenders to report their exposure to Venezuela following the US raid on the country that led to the capture of …
US capture of Maduro tests limits of China’s diplomatic push
China’s top diplomat accused the U.S. of acting like a “world judge” by seizing Venezuela’s leader Nicolas Maduro to put him on trial in New York, with Beijing set to confront Washington at the United…
Chinese AI startup MiniMax expected to price Hong Kong IPO at top of range: report
Chinese AI company MiniMax is expected to price its Hong Kong IPO at the top of its range and raise about $538M, Reuters reported, citing three people familiar with the matter.
(3rd LD) Lee arrives in Beijing for summit with Xi Jinping as N Korea fires missiles
President Lee Jae Myung arrived in Beijing on Sunday for summit talks with Chinese President Xi Jinping, with the leaders expected to focus on North Korea, economic ties and cultural exchanges. The four-day state visit…
Beijing, Moscow lead critical chorus
US President Donald Trump characterised the operation as a decisive blow against narco-terrorism. However, critics at home and abroad accused Washington of conducting a “reckless” war for oil and regime change. Beijing and Moscow, who…
China’s Non-Bank Payment Industry Undergoes Reshuffling in 2025
More than 20 non-banking payment firms increased their capital last year, according to data from the People’s Bank of China compiled by Yicai. For example, WeChat’s payment platform Tenpay was …
China Asks Banks to Report Exposure to Venezuela After US Raid
China’s top financial regulator asked its policy banks and other major lenders to report their lending exposure to Venezuela after the US ousted the South American country’s Beijing-friendly leader, …
MiniMax plans to price HK IPO at top of range on Chinese AI fervour, Bloomberg reports
MiniMax, backed by Alibaba Group Holding Ltd and Abu Dhabi’s sovereign wealth fund, is among the first of China’s post-ChatGPT generative artificial intelligence firms to go public.
90% of World’s Consumer-Grade 3D Printers Are Made in China, Insiders Say
“90 percent of consumer-grade 3D printers worldwide come from China, with 90 percent of those made by Shenzhen-based firms,” Ke Shuqiang, co-founder of Snapmaker, told Yicai. The company mainly …
(2nd LD) Lee arrives in Beijing for summit talks with Xi
President Lee Jae Myung arrived in Beijing on Sunday for summit talks with Chinese President Xi Jinping, with the leaders expected to focus on North Korea, economic ties and cultural exchanges. The four-day state visit…
Beijing warns of war over Taiwan ruling party’s move to rebrand cross-strait relations law
Proposed changes show that William Lai Ching-te’s administration and party are ‘peace destroyers, crisis creators and war instigator’.
China says it cannot accept countries acting as ‘world judge’ after US captures Maduro
Chinese Foreign Minister Wang Yi said Beijing cannot accept any country acting as the “world’s judge” after the United States captured Venezuela’s President Nicolas Maduro.
