13 h. ago PLA holds urban warfare drill as Taipei looks to boost ‘asymmetric capabilities’

The People’s Liberation Army has carried out an urban warfare drill, according to state media, in what appears to be a response to Taipei’s bid to fund improved “asymmetric capabilities”. In a report on Wednesday, state broadcaster CCTV aired footage of troops carrying out an operation to seize a built-up area in a war-torn city. The drill – involving reconnaissance, clearing and occupation – was part of a live-fire exercise conducted by a PLA Ground Force brigade that aimed to “test multiple...

Events

40 h. ago French President Macron meets Xi Jinping in Beijing, urges China to push for Ukraine ceasefire

French President Macron meets Xi Jinping in Beijing, urges China to push for Ukraine ceasefire  WION

Politics

45 h. ago Macron met with Xi in Beijing, urging China to push for a ceasefire in Ukraine

Macron met with Xi in Beijing, urging China to push for a ceasefire in Ukraine  Українські Національні Новини

Politics

47 h. ago Macron meets Xi in Beijing as he urges China to push for Ukraine ceasefire

Macron meets Xi in Beijing as he urges China to push for Ukraine ceasefire  France 24

Politics

2 d. ago China's top universities plan to roll out 'embodied intelligence' majors to fuel Beijing's robotics push

China's top universities plan to roll out 'embodied intelligence' majors to fuel Beijing's robotics push  Business Insider

Events

3 d. ago Hong Kong taps Value Partners, 9 others to manage US$385 million residency fund

Hong Kong Investment Corp (HKIC), the government’s investment arm, on Tuesday appointed 10 asset managers spanning venture capital, private equity, private credit and hedge funds to oversee at least HK$3 billion (US$385 million) under its enhanced cash-for-residency scheme. HKIC said in a statement that the new batch of managers for the investment portfolio under the New Capital Investment Entrant Scheme (New CIES) included Hong Kong-headquartered Value Partners, one of Asia’s largest asset...

Economics

4 d. ago Can Australia Go Green Without Beijing? CCP Influence Looms Over Renewable Push

Can Australia Go Green Without Beijing? CCP Influence Looms Over Renewable Push  Vision Times

Politics

4 d. ago Beijing aims to harness state, private sectors to build ‘world

China’s state-asset watchdog has urged the country’s state-owned enterprises to act as an anchor for strategic industries, while also calling for a predictable, level playing field for private firms – a combination it said was essential for building world-class businesses. Zhang Yuzhuo, chairman of China’s State-owned Assets Supervision and Administration Commission (SASAC), outlined Beijing’s latest push to strengthen both the state and private sectors in an article published in Community Party...

Politics

4 d. ago Beijing AI industry set to top $64 billion as China pushes tech drive

Beijing AI industry set to top $64 billion as China pushes tech drive  MLex

Economics

7 d. ago Young Chinese revive, transform ancient crafts for modern markets

Young Chinese revive, transform ancient crafts for modern markets  People's Daily Online

Politics

7 d. ago Chinese homeless man fakes wealth, hires women for companionship, lives luxury life

A homeless Chinese man deceived others by posing as a wealthy individual and, over a span of 10 days, managed to “hire” five women for companionship, using their money to fund visits to high-end establishments, buy new clothes, and even acquire the latest smartphone. The scam came to light in August when police in Putuo District, Shanghai, received a report from a woman using the alias Liu Qian. She claimed that she had been swindled by a 36-year-old man surnamed Chen, who pretended to be a...

Society

7 d. ago Across China: Young Chinese revive, transform ancient crafts for modern markets

Across China: Young Chinese revive, transform ancient crafts for modern markets  Xinhua

Politics

7 d. ago China’s Markets Rattled as Vanke Revives Property Crisis Fears

China’s Markets Rattled as Vanke Revives Property Crisis Fears  Bloomberg.com

Events

8 d. ago Beijing hopes France will push for positive EU policies on China

Beijing hopes France will push for positive EU policies on China  The Standard (HK)

Events

8 d. ago Why Beijing is unlikely to ease up on Japan over Takaichi’s Taiwan comments

The diplomatic crisis over Japanese Prime Minister Sanae Takaichi’s comments about Taiwan shows no sign of easing after two weeks, with mainland Chinese commentators predicting Beijing will continue to push for a retraction. However, that demand appears unlikely to be met in the short term, and one diplomatic analyst warned that the pressure tactics should aim to avoid a nationalist backlash within Japan and win support for Beijing’s position. The Chinese foreign ministry and state media stepped...

Politics

8 d. ago Pop Mart Leads China Consumer Rally After Beijing’s Growth Push

Pop Mart Leads China Consumer Rally After Beijing’s Growth Push  Bloomberg.com

Politics

1 week ago Hong Kong and Malaysian firms launch tokenised AI infrastructure fund

Hong Kong-based Tykhe Capital Group and Malaysia’s Skyvast Digital have launched a US$150 million tokenised fund that offers investors exposure to artificial intelligence infrastructure, using an innovative arrangement designed to share project revenues and boost liquidity. SKYD Token was “the world’s first global-grade AI infrastructure tokenised fund”, Tykhe’s subsidiary, Pioneer Asset Management, and AI infrastructure developer Skyvast said in a press release on Monday. The fund will provide...

Politics

1 week ago China pushes multilateralism, solidarity and free trade at G20 amid US’ absence

Chinese Premier Li Qiang has taken Beijing’s push for multilateralism to the Group of 20 summit in South Africa, calling for solidarity and free trade at an event boycotted by the world’s biggest economy. Addressing the gathering of leaders in Johannesburg on Saturday, Li pointed to challenges faced by various international institutions. “We have to advance with time and take the lead to uphold multilateralism” in the face of difficulties of governance, he said, according to state news agency...

Politics

1 week ago At G20, China pushes multilateralism, solidarity and free trade amid US boycott

Chinese Premier Li Qiang has taken Beijing’s push for multilateralism to the Group of 20 summit in South Africa, calling for solidarity and free trade at an event boycotted by the world’s biggest economy. Addressing the gathering of leaders in Johannesburg on Saturday, Li pointed to challenges faced by various international institutions. “We have to advance with time and take the lead to uphold multilateralism” in the face of difficulties of governance, he said, according to state news agency...

Politics

2 w. ago ‘Too early to leave the party’: fund managers say AI stock boom still has room to run

The ambitious spending plans of artificial intelligence developers coupled with rapid user adoption indicate the global rally in their stocks will persist despite bubble concerns, fund managers at Fidelity International and Allianz Global Investors said. The recent downturn in global semiconductor stocks, ahead of Nvidia’s closely watched earnings later this week, was likely to be temporary, according to Joseph Zhang, portfolio manager at Fidelity International. Unless AI capital spending or...

Society