Chinese President Xi Jinping and Russian President Vladimir Putin used a major security forum to outline their shared vision of a new global order, one that seeks to challenge what they describe as Western dominance in international affairs. Speaking at the Shanghai Cooperation Organisation (SCO) summit, both leaders emphasised the need for a “multipolar world” […]
China’s largest state-owned banks have warned that profit margins will remain under pressure in the second half of the year, as policymakers continue to cut interest rates in a bid to stimulate the slowing economy. Industrial and Commercial Bank of China (ICBC), China Construction Bank (CCB), Agricultural Bank of China (ABC), and Bank of China […]
Chinese property developer Seazen Group has announced plans to explore real-world asset tokenization, signaling a potential shift in how the country’s debt-laden real estate sector could leverage digital finance to attract investors. In a statement, the Shanghai-based developer said it is studying the use of blockchain technology to tokenize real estate and other tangible assets, […]
China has announced the successful development of what it calls the world’s first “universal” 6G chip, marking a major step forward in the global race to define and dominate the next generation of wireless technology. The chip, unveiled by a team of Chinese researchers and engineers, is designed to support a wide range of communication […]
China and Saudi Arabia have pledged to deepen bilateral cooperation and jointly uphold the multilateral trading system, as both nations seek to reinforce their roles in a rapidly shifting global economy. The commitment came during high-level talks in Beijing, where officials from the two sides outlined plans to expand collaboration in energy, infrastructure, technology, and […]
China has unveiled plans to accelerate infrastructure development in Tibet, signalling its determination to turn the Himalayan region often described as the “roof of the world” into a hub for investment, connectivity, and sustainable growth. Officials in Beijing said the initiative will focus on expanding transport networks, energy facilities, and digital infrastructure to boost economic […]
A Hong Kong student has been sentenced to 180 hours of community service after being found guilty of insulting China’s national anthem, in a case that underscores the city’s increasingly strict enforcement of laws governing symbols of national identity. The 20-year-old undergraduate, whose name has not been released due to his age at the time […]
A popular gaming club has unveiled an innovative business model that combines entertainment with education, offering a specially designed course aimed at curbing gaming addiction among children. The initiative, which industry observers are calling a “win-win” approach, seeks to address parental concerns over excessive screen time while ensuring the club remains profitable. The program, launched […]
Hong Kong’s sovereign wealth fund has partnered with the Beijing Academy of Artificial Intelligence (BAAI) in a new initiative aimed at identifying and nurturing global talent in artificial intelligence, underscoring China’s ambition to lead in one of the world’s most competitive technologies. The collaboration, announced on Monday, seeks to combine Hong Kong’s financial clout with […]
China marked the 80th anniversary of the start of its war of resistance against Japan this week with solemn ceremonies, academic forums, and cultural events, underscoring both the enduring scars of conflict and the ongoing quest for reconciliation in East Asia. The commemorations, centered in Beijing and several key battleground provinces, honored the sacrifices of […]
