2 h. ago Hotel conversions gain traction in China’s office market amid high vacancies

More economy and mid-range hotel operators in China are leasing office buildings for conversion to guest accommodation, and such flexible, mixed-use approaches are expected to increase amid a continued weakening of the office market. In some Chinese cities, the practice of multiple hotel brands co-leasing separate floors within a single building has become more prevalent, fuelled by interest from both property owners and hotel operators. In Hangzhou, the capital of eastern China’s Zhejiang...

Society

2 h. ago Mainland Chinese buyers pour US$2 billion into Hong Kong super

After several subdued years, 2025 marked a turning point for demand in Hong Kong’s most prestigious housing enclaves, as mainland buyers streamed back into scarce ultra-luxury homes once prices stabilised and transaction momentum rolled into the new year. That shift was most visible in The Peak and Southern district – two low-density, ultra-wealthy neighbourhoods on opposite ends of Hong Kong Island. Mainland purchasers bought about HK$16 billion (US$2.05 billion) worth of homes in the areas in...

Economics

2 h. ago Trump’s Greenland bid might force EU to stop placating him and fight back

US President Donald Trump’s fixation on Greenland offers an ice-cold reminder to leaders in Europe and abroad: no deal is ever final. Trump announced a 10 per cent tariff, rising to 25 per cent in June, on eight European nations, including Denmark, for saying they would undertake token Nato military exercises in Greenland in response to US sabre-rattling. While the tariffs are not certain to take effect, the threat was a brazen escalation and insult to close US allies, trampling over the US-EU...

Politics

3 h. ago This year, Hong Kong must resolve to rewrite the script for retirement

Looking back at 2025, the city made meaningful strides in supporting its retirees. The government expanded the Elderly Health Care Voucher and Community Care Service Voucher schemes, and invested HK$2 billion (US$256.47 million) in an elderly and rehabilitation technology fund. It also announced 30 measures for the silver economy and formed the Working Group on Ageing Society Strategies to improve cross-bureau coordination. These efforts helped launch the long-awaited Q-Mark Silver Scheme,...

Politics

4 h. ago How Chinese ritual uses unboiled egg balancing on mirror or knife to detect spirit possession

Traditional Chinese folk superstition sees some families seek help from “egg-standing exorcists” who try to balance raw eggs on mirrors or kitchen knives to detect spirit possession. If the egg manages to stand upright, legend has it that a wandering spirit has taken over the person’s body. Traditionally, a superstition known as Cai Zhuang Ke, which is often referred to as “spirit possession”, is used to determine whether a sudden illness or extreme lethargy is caused by a wandering spirit or...

Politics

5 h. ago Trump wants nations to pay US$1 billion to stay on his Board of Peace

The Trump administration is asking countries that want a permanent spot on his new Board of Peace to contribute at least US$1 billion. According to a draft charter for the proposed group seen by Bloomberg, US President Donald Trump would serve as its inaugural chairman and would decide on who is invited to be members. Decisions would be taken by a majority, with each member state present getting one vote, but all would be subject to the chairman’s approval. “Each Member State shall serve a term...

Economics

12 h. ago Trump hits Denmark and other Nato allies with tariffs to force Greenland sale

US President Donald Trump said on Saturday that he would charge a 10 per cent import tax starting in February on goods from eight European nations, all Nato members, because of opposition to US control of Greenland. He said in a social media post that Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland would face the tariff, which would be raised to 25 per cent on June 1 if a deal was not in place for “the Complete and Total purchase of Greenland” by the...

Politics

12 h. ago Trump hits Denmark and 7 other Nato allies with tariffs to force Greenland sale

US President Donald Trump said on Saturday that he would charge a 10 per cent import tax starting in February on goods from eight European nations, all Nato members, because of opposition to US control of Greenland. He said in a social media post that Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland would face the tariff, which would be raised to 25 per cent on June 1 if a deal was not in place for “the Complete and Total purchase of Greenland” by the...

Politics

12 h. ago Canada wants to be 1st in North America to build EV with Chinese knowledge: senior official

Canada wants to be 1st in North America to build EV with Chinese knowledge: senior official  CBC

Politics

13 h. ago How concept of building community with shared future for humanity brings Chinese solutions to global governance

How concept of building community with shared future for humanity brings Chinese solutions to global governance  news.cgtn.com

Politics

14 h. ago Cheap Chinese EVs Are Coming To Canada. Not Everyone Is Happy About It

Cheap Chinese EVs Are Coming To Canada. Not Everyone Is Happy About It  InsideEVs

Politics

16 h. ago ‘I had hoped the virus would be contained in China’: An inside look at the Fed’s historic fight to save the U.S. economy

‘I had hoped the virus would be contained in China’: An inside look at the Fed’s historic fight to save the U.S. economy  MarketWatch

Politics

16 h. ago Chinese, Japanese groups issue joint call for Japan to return Tang dynasty stele

Chinese researchers and Japanese activists have renewed calls for Japan to return a Tang dynasty relic looted over 120 years ago. The effort to recover the Tang Honglu Well Stele comes amid rising regional tensions and Beijing’s ongoing national campaign to reclaim cultural heritage. Shanghai University’s Research Centre for Chinese Relics Overseas and Japanese cultural groups issued a joint declaration on Friday urging Tokyo to “correct historical errors” and return the stone monument, Chinese...

Politics

18 h. ago China’s AI and EV boom drives record power demand, widening energy gap with US

China’s total electricity consumption hit a record high of 10.4 trillion kilowatt-hours (kWh) in 2025, more than double that of the US, the National Energy Administration (NEA) said on Saturday. The 5 per cent jump from the previous year marked the first time in China’s history that annual electricity consumption had surpassed 10 trillion kWh – the highest in the world and more than the combined total of the European Union, Russia, India and Japan, state broadcaster CCTV said, citing NEA...

Politics

18 h. ago As Trump urges cap on credit card rates, could China follow suit for online loans?

US President Donald Trump’s call for American credit card interest rates to be capped at 10 per cent for a year has sparked a debate in China about whether Beijing should impose a similar limit on online loans. The discussion comes as many in China – especially younger people – are being enticed by credit offers amid a weak job market and a boom in online loan services. “Apps now keep luring young people into borrowing,” a finance blogger with nearly 500,000 followers wrote in a social media...

Politics

18 h. ago Murder suspect who fled to mainland China handed over to Hong Kong police

A murder suspect who fled across the border late last month after allegedly killing his girlfriend in a public housing flat has been handed over to Hong Kong police following his capture by mainland Chinese law enforcers. The Hong Kong identity card holder, 28, was wanted in the city in connection with the murder of a woman, 35, whose body was hidden in the storage compartment of a bed in his Ngau Tau Kok flat. He was arrested by Hong Kong police on Friday and is expected to be charged with...

Events

19 h. ago Chinese man earns US$39,000 in 2 years teaching adults to ride bicycles amid surging demand

A master’s degree student in China, who has taught hundreds of adults and children to ride bicycles over the past two years and earned 270,000 yuan (US$39,000) from it, recently went viral on social media. The man, whose surname is Li, is a third-year master’s degree candidate at Shanghai University of Sport (SUP) majoring in sports education, as reported by the news outlet The Cover. Li shared that years ago, he and a friend recognised the demand for bike-riding instruction and decided to...

Politics

21 h. ago China woman, 47, shares civil servant life in Iceland, appreciates culture that respects choices

A 47-year-old Chinese woman shares her idyllic life as a civil servant in a remote town in Iceland, igniting interest and spirited discussions on social media in mainland China. The woman, known as Megan, hails from Beijing. In 2020, at the age of 42, she decided to pursue a second master’s degree in Iceland, a few years after her divorce. She earned her bachelor’s degree in accounting and her first master’s in business computing in the UK before transferring to a new energy major at a...

Politics

21 h. ago Thai ruling party courts voters by vowing to end Cambodia conflict, close scam hubs

Thailand’s ruling party, which is seeking to retain power in next month’s election, has vowed to resolve the country’s conflict with Cambodia and clean up its image as a transit hub for trafficked scam victims. The conservative Bhumjaithai Party, which took power in September, has cast itself as the most suitable defender of Thai sovereignty during the border dispute between the two Southeast Asian countries. Clashes erupted for five days last July and reignited in December before a...

Events

22 h. ago Scam and corruption cases spark debate in China over cryptocurrencies’ future

The seizure of enormous cryptocurrency caches in two high-profile criminal cases in China – a former head of the central bank’s digital currency research institute accused of corruption, and an alleged scam centre kingpin linked to about US$15 billion in bitcoin – have sparked questions in the country about the safety and future of virtual money. But analysts said the long-term trend for the assets, especially bitcoin, depended on institutional capital, interest rate expectations and the...

Politics