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 […]
Africa’s largest e-commerce platform, Jumia, is stepping up efforts to safeguard its dominance as fast-rising Chinese retailers Shein and Temu aggressively target the continent’s growing online retail sector. Founded in 2012, Jumia operates in more than ten African countries, offering electronics, fashion, household items, and food delivery services. But the company now finds itself competing […]
Norwegian shipping company Champion Tankers has confirmed that it is exercising options for two additional medium-range (MR) product tankers at a Chinese shipyard, completing its latest series of newbuild orders and signaling confidence in continued demand for refined product transport. The deal, industry sources say, was finalized this week and covers the last two vessels […]
China’s top political advisory body has urged its members to contribute expertise and innovative ideas toward the drafting of the country’s 15th Five-Year Plan (2026–2030), a blueprint expected to guide national development through the next stage of modernization. At a recent meeting of the Chinese People’s Political Consultative Conference (CPPCC), senior officials stressed the importance […]
China is exploring the creation of yuan-backed stablecoins as part of efforts to expand the international use of its currency, according to people familiar with early-stage policy discussions. Sources told reporters that policymakers and financial regulators have been holding informal consultations on whether state-backed institutions or licensed private firms could issue digital tokens pegged to […]
Xizang, known internationally as Tibet, has reported steady socio-economic progress over the past six decades, with Chinese officials pointing to poverty eradication, infrastructure expansion, and improved living standards as evidence of the region’s transformation. According to government data, per capita disposable income in Xizang has risen consistently, while access to healthcare, education, and modern housing […]
China has marked 60 years since the establishment of the Xizang Autonomous Region, highlighting what officials describe as sweeping progress in economic growth, infrastructure, healthcare, and poverty reduction. At a commemorative event in Lhasa, senior leaders underscored the transformation of the region—known internationally as Tibet from one of the country’s most isolated areas into a […]
Global mining giant BHP is betting on the resilience of Chinese exports and accelerating growth in India to underpin commodity demand, even as global markets face persistent economic headwinds. In its latest market outlook released this week, the Australian resources company said China’s role as a manufacturing and export powerhouse remains critical for sustaining demand […]
