Chinese government bonds have become a hotspot for investors seeking a safer alternative to the country’s troubled real estate market and volatile stock market. This surge in demand has driven bond prices up and yields to historic lows. The yield on China’s onshore 10-year government bond, a key benchmark, hit a record low of 2.18% […]
The Chinese government has achieved a groundbreaking milestone by retrieving rocks and soil from the far side of the moon—territory no humans have ever previously encountered. The successful return of the Chang’e-6 lunar mission on June 25, 2024, marks a historic scientific achievement, reinforcing China’s position as a leading space power, rivaling the United States. […]
The recent resignations of two British judges from Hong Kong’s highest court have raised significant concerns about the rule of law in the region, according to lawyers and experts. This development is expected to further undermine confidence in Hong Kong’s broader commercial legal sector. Hong Kong’s legal industry, which has been a cornerstone of the […]
North Korean leader Kim Jong Un and Russian President Vladimir Putin ride a Mercedes-Benz at a welcoming ceremony in Pyongyang on June 19, 2024. Gavriil Grigorov/Pool/AFP/Sputnik/Getty Images Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world.Hong KongCNN — As Russian President Vladimir […]
China escalated its pressure on Taiwan on Friday, threatening to impose the death penalty in extreme cases for “diehard” Taiwan independence separatists, despite having no jurisdiction over the democratically governed island. This latest development adds to a series of actions aimed at intimidating Taiwan since Vice President Lai Ching-te’s election victory in January. Taiwan has […]
China has expelled its former Defense Minister Li Shangfu and his predecessor Wei Fenghe from the ruling Communist Party over corruption allegations, state broadcaster CCTV reported on Thursday. This move deepens a sweeping purge within the top ranks of the military. Li was removed from his position in October last year without explanation after disappearing […]
China and the European Union have agreed to initiate discussions on the planned imposition of tariffs on Chinese-made electric vehicles (EVs) imported into the European market, senior officials from both sides announced on Saturday. Germany’s Economy Minister Robert Habeck revealed that EU Commissioner Valdis Dombrovskis had informed him about the forthcoming negotiations with China. This […]
Torrential storms that have caused widespread flooding in southeast China are moving inland, prompting the national weather service to issue its most severe rainstorm alert. Warnings of further flash floods and mudslides are in place for the coming days. Over the last week, heavy rainfall has battered the region, causing deadly flooding and landslides that […]
In a shocking incident in Suzhou, Jiangsu province, a Japanese mother and her child were stabbed by a man in front of a school bus on Monday. A Chinese woman school bus attendant was also critically injured in the attack, an official from the Japanese Nationals Overseas Safety Division of Japan’s Foreign Ministry informed CNN. […]
Chinese electric vehicle (EV) manufacturer BYD has officially launched its first EV sedan model in the Japanese market, marking a significant step in its global expansion efforts. The launch event, held on Monday, showcased the BYD Seal, an electric sedan that the company hopes will appeal to Japanese consumers looking for sustainable and high-performance vehicles. […]
