Where are China’s ultra-rich parking their wealth amid a slowing economy?

Where are China’s ultra-rich parking their wealth amid a slowing economy?

Asian businessman drinking in a luxury car. Weiquan Lin | Moment | Getty Images China’s ultra-wealthy population — people with a net worth of at least $30 million — is expected to increase by almost 50% in a few years, according to projections in a recent Knight Frank wealth report. At a time when China’s … Read more

US hails ‘productive’ meeting between Blinken and China FM

US hails ‘productive’ meeting between Blinken and China FM

Vientiane: The United States hailed “open and productive” discussions between China’s foreign minister and Secretary of State Antony Blinken in Laos on Saturday in which Blinken raised US concerns over Beijing’s “provocative actions” around Taiwan.The US top diplomat and his Chinese counterpart Wang Yi “had open and productive discussions on key bilateral, regional, and global … Read more

China Pakistan relations: Pakistan jittery as suspense continues on energy sector loan from China

China Pakistan relations: Pakistan jittery as suspense continues on energy sector loan from China

Two key Pakistani ministers are camping in Beijing to discuss the cash-strapped country’s request for rescheduling its outstanding debts with China linked to the ambitious China-Pakistan Economic Corridor. Muhammad Aurangzeb, Pakistan’s Minister for Finance and Revenue, and Sardar Awais Ahmad Khan Laghari, the Minister for Energy (Power Division) are both in Beijing for the last … Read more

Chinese shoppers flock to Japan to take advantage of the weak yen

Chinese shoppers flock to Japan to take advantage of the weak yen

Chuo Ward, Tokyo, Japan – February 23, 2018; Top luxury shopping streets with multi colored neon signs. Ginza avenues are lined with shops of expensive brands and restaurants in the heart of Tokyo. It is half past five p.m. on Friday. People flock to Ginza for shopping, dinner and drinking with their friends. Ginza became … Read more

How CrowdStrike caused a global IT meltdown and what comes next

How CrowdStrike caused a global IT meltdown and what comes next

Last week, the world faced what was likely the biggest IT failure in history. When some people around the world logged onto their laptops on Friday, they were greeted with a blue error screen on their Microsoft Windows operating system. But this was not a Microsoft issue. It was all to do with a U.S. … Read more

Palestinian rivals Hamas and Fatah sign reconciliation agreement in China

Palestinian rivals Hamas and Fatah sign reconciliation agreement in China

(L-R) Mahmoud al-Aloul, Vice Chairman of the Central Committee of Palestinian organisation and political party Fatah, China’s Foreign Minister Wang Yi, and Mussa Abu Marzuk, senior member of the Palestinian Islamist movement Hamas, attend an event at the Diaoyutai State Guesthouse in Beijing on July 23, 2024. China’s Foreign Minister Wang Yi on July 23 … Read more

“Starlink Satellites Could Be Destroyed If…”: What China Study Says

“Starlink Satellites Could Be Destroyed If…”: What China Study Says

The study has been conducted by China’s PLA. (Representational Pic) Elon Musk’s Starlink has been covering the empty space above the Earth with its satellites with a plan to provide internet to the remotest corner of the planet. But a study in China has claimed that People Liberation Army’s (PLA’s) submarines equipped with laser would … Read more

Chinese are making their own cooking oil after scandal sparks concerns

Chinese are making their own cooking oil after scandal sparks concerns

A shopper passing by shelves of cooking oil in a supermarket in Hangzhou city in China’s Zhejiang province. Feature China | Future Publishing | Getty Images A controversy over cooking oil in China has prompted locals to take matters into their own hands as they strive to procure alternative supplies amid worries over the safety … Read more

New infection found in China ‘never seen before in humans’ | World | News

New infection found in China ‘never seen before in humans’ | World | News

Scientists in China have found a previously unknown fungal pathogen that can infect humans. The fungus Rhodosporidiobolus fluvialis was discovered in clinical samples from two unrelated hospital patients. Researchers found that, at higher temperatures similar to those of the human body, the yeast exhibited resistance to several first-line antifungal drugs. These temperatures also led to … Read more

Canada’s Joly visiting China after years-long rift – National

Canada’s Joly visiting China after years-long rift – National

Descrease article font size Increase article font size Foreign Affairs Minister Mélanie Joly is headed to China on Friday at the invitation of Beijing, after years of diplomatic strain following the 2018 detention of two Canadians. In recent months, China has urged Canada to work on shared priorities and draw less attention to disagreements. Joly’s visit follows … Read more