Liu Shishi’s net worth analysis: A talented actress’s earnings
Liu Shishi, a prominent figure in the Chinese entertainment industry, has captivated audiences with her remarkable talent and charisma. As a celebrated actress, her financial...
China
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Chinese investors defy crypto ban amid stock market struggles, employ strategies amid economic downturn
China's economy and stock markets face challenges, some investors, like Shanghai-based finance executive Dylan Run, are turning to cryptocurrencies, despite the government's ban on crypto trading and mining since 2021.
Navigating the digital dilemma: Hong Kong’s challenge in embracing cashless payments
Visitors, particularly those from mainland China, have long expressed frustration over the limited acceptance of digital wallets and QR payments. The ubiquitous Octopus card, a stored value card widely used in Hong Kong for public transportation and retail transactions, remains deeply ingrained in the city's payment culture.
Korea’s top Esports League faces challenges in China amid broadcast suspension
Despite recent victories at the Asian Games and World Championship, Korea's League of Legends Champions Korea (LCK) faces mounting challenges, including a suspension of official Chinese-language broadcasts by Huya, a Tencent-backed streaming platform.
Red Sea crisis puts strain on China’s exporters as shipping delays and costs mount
The vulnerability of China's export-dependent economy to supply chain disruptions is evident, highlighting the need for resilience against external shocks.
China’s central bank cuts reserve requirement ratio by 0.5% to bolster economy amid market volatility
Governor Pan Gongsheng revealed on Wednesday that the RRR would be cut by 0.5% starting from February 5, marking the most substantial reduction since December 2021. This decision is anticipated to release approximately 1 trillion yuan (£110.8bn) in the form of new loans.
Tuvalu elections’ potential impact on China and Taiwan
Tuvalu's upcoming elections hold immense geopolitical significance, with potential shifts in diplomatic alliances, especially regarding Taiwan and China.
Boeing delivers first 737 MAX to Chinese airline after four year hiatus
Boeing is set to deliver its first 737 MAX to a Chinese airline since March 2019, signalling a potential easing of trade tensions between the U.S. and China.
Fire claims 39 lives in Xinyu; calls for urgent investigation
A devastating fire claims 39 lives in Xinyu, China, prompting President Xi Jinping to call for an urgent investigation and measures to address fire safety concerns in the country.
China’s South America presence: challenges & opportunities amidst Belt and Road expansion
China's Chancay port, a $3.5 billion investment, promises to transform South America's trade with China, accelerating exports of commodities like copper and soy. As part of China's Belt and Road Initiative, it highlights China's expanding influence in the region, challenging traditional powers like the United States and Europe.
UK and U.S. slam China’s human rights record at UN over Uyghur and Tibetan persecution
The UK urged China to halt the persecution and arbitrary detention of Uyghurs and Tibetans, emphasizing the importance of freedom of religion, and cultural expression, and the prevention of surveillance, torture, forced labour, and sexual violence.
China boosts chip making machinery imports to bypass U.S. controls, nearing record high
Chinese chip manufacturers are aggressively investing in new semiconductor factories, aiming to bolster the nation's capabilities.
U.S.-China Chip battle entangles South Korea’s SK Hynix, forcing tough decisions
South Korea's SK Hynix, a global memory chip giant, faces a challenging dilemma as its Dalian plant, acquired from Intel in a $9 billion deal, becomes entangled in the intricate web of the U.S.-China chip battle.
7.0 magnitude earthquake strikes China-Kyrgyzstan border
Reports from the Associated Press indicate that six people have been injured, with over 120 homes suffering damage or collapse in the cold weather. Two individuals sustained serious injuries, while four had minor injuries.
Chinese research vessel heading towards Maldives raises concerns in India
A Chinese research vessel, Xiang Yang Hong 03, heading to the Maldives for an ocean survey raises concerns in India over potential military activities.
Xi Jinping mobilizes rescue as landslide strikes Zhaotong, China: 11 dead, 47 missing in harsh conditions
A devastating landslide in Zhaotong, China, has left 11 dead, 47 missing, prompting an all-out rescue operation.
China’s graphite exports to Japan drop 42%, urgent need for procurement diversification
China's 40% drop in graphite exports to Japan prompts urgent need for diversified procurement as Japan grapples with over-reliance on China for 90% of its graphite imports.