In a compelling video released on National Security Education Day, China’s Ministry of State Security (MSS) sends a clear message to the Chinese public: foreign spies are pervasive and pose a significant threat. The video depicts a series of scenarios where a disguised individual, portrayed as a street photographer, lab technician, businessman, and food delivery […]
In a week brimming with major market events, the action commenced with dramatic fluctuations in Japan’s yen, setting the stage for a whirlwind of speculation and volatility. The currency plummeted to 34-year lows of 160 per dollar, only to rebound sharply amidst rumors of intervention, reflecting the nervous sentiments pervading the market. As the dollar/yen […]
Amidst a fierce price war in the electric vehicle market, China’s leading electric vehicle manufacturer, BYD, has revealed signs of strain with weaker profit growth. The company’s latest financial report, released on April 29, 2024, underscores the challenges posed by intensifying competition in the industry. As the battle for market share escalates, BYD’s profit growth […]
In a surprising move applauded by soccer enthusiasts, the Chinese Football Association (CFA) has unveiled the “Messi clause” as part of its recent regulatory revisions governing international soccer events. Under the spotlight are new regulations mandating comprehensive ticketing terms, including upfront disclosure of star players’ appearance conditions and contractual consequences, prior to ticket sales initiation. […]
The State Flood Control and Drought Relief Headquarters have identified Central China’s Hubei, Hunan, and East China’s Jiangxi as key flood control areas for the upcoming flood season along the middle and lower reaches of the Yangtze River. In response to recent heavy rainfall, the headquarters dispatched an on-site inspection team to assess local flood […]
Chinese mainland authorities announced on Sunday their decision to lead the way in resuming tourism for residents of East China’s Fujian Province to visit Matsu, as well as approving certain imports from the island of Taiwan. These moves, experts believe, signal goodwill and aim to further promote cross-Straits exchanges and cooperation by upholding the 1992 […]
China’s top diplomat, Wang Yi, expressed China’s commitment to strengthening high-level exchanges with France and enhancing the comprehensive strategic partnership between the two countries. Wang made these remarks during a phone call with Emmanuel Bonne, the Diplomatic Counselor to the French President, emphasizing the importance of bilateral cooperation across various sectors and the significant role […]
China’s National Immigration Administration (NIA) announced a series of new measures on Sunday aimed at simplifying entry and exit procedures for the public and businesses. These measures include streamlining document processing and applications, extending the duration of business stays, and catering to diverse tourism needs. Observers view this move as part of China’s efforts to […]
In a groundbreaking development, the Yingxian Wooden Pagoda, also known as the Sakyamuni Pagoda of the Fogong Temple, located in Yingxian County, North China’s Shanxi Province, unveiled its artificial intelligence (AI)-powered “digital twins” on Friday. This innovative technology allows visitors to immerse themselves in the previously inaccessible views inside the tower using virtual reality (VR) […]
On Friday, China rolled out a new policy aimed at incentivizing the trade-in of high-polluting vehicles for new energy vehicles (NEVs) or fuel-efficient cars. This initiative, introduced as part of a broader action plan to encourage large-scale equipment renewal and consumer goods trading, seeks to bolster domestic consumption while advancing the nation’s environmental goals. Effective […]