3 d. ago China’s ‘dirt cheap’ missiles could shake up global defence market: state media

Chinese aerospace firm Lingkong Tianxing unveiled a hypersonic glide missile last week that has a range of up to 1,300 km (800 miles) and a top speed of Mach 7. The YKJ-1000 has been nicknamed the “cement-coated” missile for its use of civilian-grade materials such as foamed concrete in its heat-resistant coating. According to slides widely circulated online, the unit production cost of this missile, already in mass production after successful combat trials, may be as low as 700,000 yuan (around...

Events

1 week ago China businesswoman sells lotus roots to repay US$700,000 debt after living lavishly

A businesswoman from central China who once lived a life of luxury is rebuilding her future by digging up and selling lotus roots to repay five million yuan (US$700,000) of debt. According to the mainland media outlet, Changjiang Daily, 44-year-old Hu Qin from Hunan province and her husband launched a fruit business in 2012 that grew to have more than 30 shops nationwide. At its peak, Hu’s assets reportedly topped 10 million yuan (US$1.4 million). The couple lived in a villa by the Xiang River,...

Economics

1 week ago Siobhan Haughey dives in as Hong Kong Victoria Harbour race seeks expanded entry

Organisers of the Hong Kong Victoria Harbour Race are considering recruiting mainland Chinese lifeguards to increase the participant limit to beyond 10,000 after more than 3,700 swimmers, including National Games medallist Siobhan Haughey, joined Saturday’s annual event. Hong Kong China Swimming Association President Ronnie Wong Man-chiu told the media after the event that the key factors in raising the quota were the number of available lifeguards and the amount of time competitors spend in the...

Politics

1 week ago Siobhan Haughey dives in as Hong Kong Victoria Harbour race seeks more swimmers

Organisers of the Hong Kong Victoria Harbour Race are considering recruiting mainland Chinese lifeguards to increase the participant limit to beyond 10,000 after more than 3,700 swimmers, including National Games medallist Siobhan Haughey, joined Saturday’s annual event. Hong Kong China Swimming Association President Ronnie Wong Man-chiu told the media after the event that the key factors in raising the quota were the number of available lifeguards and the amount of time competitors spend in the...

Politics

2 w. ago Why China is stockpiling a mountain of 700,000 tons of tomatoes

Why China is stockpiling a mountain of 700,000 tons of tomatoes  Diario AS

Politics

2 w. ago Henderson’s Central Yards, with sky garden and Broadway theatre, to open in 2027

Henderson Land Development has unveiled Central Yards, a 1.6 million sq ft mixed-use project taking shape on Hong Kong’s most expensive piece of prime real estate and a key component of the developer’s HK$63 billion (US$8 billion) New Central Harbourfront project. The 10-storey building in Central, which would offer more than 700,000 sq ft of office and ancillary space, would have the largest floorplate in the city’s main business district, Henderson said in a statement on Tuesday. Six of the 10...

Politics

3 w. ago Helper arrested in Hong Kong for allegedly stealing HK$520,000 from employer

A domestic helper in Hong Kong has been arrested for allegedly stealing about HK$520,000 (US$66,700) in cash from her employer at a luxury flat in Happy Valley. Police said on Wednesday that the employer, 59, a woman living at The Leighton Hill on Broadwood Road, discovered the money – comprising cash of HK$500,000 and 17,000 yuan (US$2,190) – missing and suspected her helper had taken it. The employer, a mainland Chinese woman, reported the case at around 9.30am. Officers arrived at the scene...

Events