Australia’s Prime Minister Anthony Albanese has rejected accusations from Beijing that his country is “plagued by systemic racism and hate crimes” after an Australian diplomat led a group of Western …
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Beijing unveils tourism action plan
Beijing unveiled an action plan to drive high-quality growth in the tourism industry on Thursday during a conference, aiming at building the capital into a world-class tourism city and a global …
Jaishankar stresses need to respect border agreements amid Beijing’s silence on LAC patrolling pact
Meanwhile, in Delhi, Defence Minister Rajnath Singh said broad consensus had been achieved following talks between the two countries to “restore the ground situation”, including patrolling and grazing …
Trump says China’s leader will bully Harris ‘like a baby’
Donald Trump has said China’s leader would handle Vice President Kamala Harris “like a baby” if she’s elected to the White House …
How China is trying to win back foreign tourists
The government is also trying to kick-start the economy—and wants foreign tourists to help. In 2019 their spending accounted for 0.5% of GDP in China, compared with 0.9% in Japan, 1.1% in America and …
China Fiscal Pack Insufficient to Curb Deflation Risks, IMF Says
China’s recent barrage of fiscal measures fall short of what’s needed to address deflationary risks plaguing the world’s second-largest economy, according to one senior International Monetary Fund …
China going after down-ballot races: report reveals which lawmakers are in their crosshairs
U.S. adversaries are ramping up their election interference efforts, and China is going after anti-CCP down-ballot Republicans, according to a new report by Microsoft.
China Gold Imports Slump as New Tax Rule Looms
Gold traders divert shipments from China as proposed customs rule threatens hefty new taxes on imports. September volumes hit 6-month low. Peru copper supplies at risk …
$1.80 dinners and budget clothes? The spread of frugality is hurting China’s economy
“This is so economical,” she marveled over a $1.80 dinner. “They also included fried chicken.” Other accounts tout $8 gym memberships and the merits of waiting for sales at fast-fashion clothing …
US Concerned About China’s Use of AI, Says It Could Make Countries Vulnerable to Coercion
The U.S. government is concerned about China’s use of artificial intelligence to repress its population, spread misinformation and undermine the security of the United States and its allies, White …
Hong Kong IPO Swells China Software Tycoon’s Fortune to $1 Billion
Shares of his company Horizon Robotics Inc., which debuted in Hong Kong on Thursday, rose more than 30% in early trading, lifting the machine learning expert’s fortune to as much as $1.2 billion, …
Hong Kong IPO Swells China Software Tycoon’s Fortune to $1 Billion
Shares of his company Horizon Robotics Inc., which debuted in Hong Kong on Thursday, rose more than 30% in early trading, lifting the machine learning expert’s fortune to as much as $1.2 billion, …
HKEX posts best third-quarter earnings since 2021 on China stimulus, 15 IPOs; Morningstar keeps HK$300 fair value
HKEX reported its best third-quarter earnings in three years on Oct 23, with net profit up 7% y-o-y to HK$3.15 billion in 3QFY2024 ended Sept 30.