A U.S. team has yet to arrive in Myanmar after last week’s 7.7-magnitude earthquake, while China has already rescued six people and committed $14 million in humanitarian aid.
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Vanke Reports First Annual Loss Since 1991 Listing Amid Overhaul
China Vanke Co. reported a record 49.5 billion yuan ($6.8 billion) loss for last year, underscoring why the developer’s hometown of Shenzhen has stepped in to take control of operations.
China discovers major oilfield off Shenzhen
BEIJING – China’s National Offshore Oil Corporation said Monday it has discovered a major oilfield in the eastern South China Sea, with proven reserves …
Nam Tai Property Closes on 700M RMB Refinancing of Its Tech Center Project
Nam Tai Property Inc. (OTC Expert Market: NTPIF) (“Nam Tai” or the “Company”) today announced that the Company closed on the refinancing of its Technology Center property (the “Tech Center”) with a …
Trump Tariffs Pushing US Asia Allies into China’s Orbit
After their first trilateral economic meeting in over five years, China, Japan and South Korea vowed to strengthen their trading ties.
China’s telecoms giant Huawei Technologies says its profit fell 28% while revenue surged in 2024
Chinese telecoms gear giant Huawei said Monday its net profit fell 28% in 2024 while its revenue surged, as the company invested heavily in advanced technologies. Huawei Technologies reported 62.6 …
Mark Carney Under Pressure Over Liberal MP’s China Bounty Comments
Paul Chiang, a Liberal MP running for reelection, apologized for making the comments, saying they were “deplorable and a complete lapse of judgment.” …
Northeast Ohio woman writes book that recalls highlights of COVID-19 pandemic
Her book primarily consists of recaps about the latest news and statistics on COVID that she wrote for specific dates during the pandemic.
China’s Huawei 2024 Profit Drops; Revenue Rises at Fastest Rate in Five Years
BEIJING/SHENZHEN (Reuters) – China’s Huawei Technologies said on Monday its profit fell by almost a quarter in 2024 versus a year prior when income from the sale of its Honor handset unit provided an …
Pro-Beijing media ramp up attack on CK Hutchison ports deal
A pro-Beijing Hong Kong newspaper stepped up criticism of CK Hutchison’s deal to sell its Panama ports to a BlackRock-led group, sending its shares lower on Monday, as sources said the transaction, …
The Li’s brinkmanship with Beijing will be messy
China senses a betrayal by the Li family’s plans to shed global assets as part of their effort to deal their way out of a value trap. Beijing’s anger is evident through a series of…
China Box Office: ‘Ne Zha 2’ Stays on Top as Jason Statham’s ‘A Working Man’ Opens Quietly
China’s box office wrapped up March with a relatively quiet weekend, led once again by Cococartoon’s animated juggernaut ‘Ne Zha 2.’ …
China PMIs Show Some Signs of Economic Green Shoots Ahead of Tariffs
Activity in China’s vast manufacturing sector expanded at the fastest pace in a year in March, sending another sign of green shoots in the world’s second-largest economy as policymakers brace for more …
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