14 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

63 h. ago Nie Weiping, Chinese Go master known for dramatic victory over Japanese rival, dies at 73

Nie Weiping, a legendary Go master in China, died in Beijing at the age of 73 on Wednesday. Nie is best remembered for his dramatic victory in the first Japan-China Super Go in 1985. Few had hope that China would win because its players had long lagged behind Japanese competitors in the strategy board game. By the time it was Nie’s turn to play in Tokyo, Japan’s top player, Kobayashi Koichi, had already won six straight games against his Chinese counterparts. Nie was the only Chinese player left...

Events

4 d. ago French Football Federation's Challenge Espoirs match: China's Hope vs. France's PSG U19

French Football Federation's Challenge Espoirs match: China's Hope vs. France's PSG U19  People's Daily Online

Politics

6 d. ago How ancient China ‘borrowing longevity’ custom helps to extend lifespan of seriously ill people

A superstitious Chinese custom known as “borrowing longevity” involved performing a ritual to pray to the gods when a relative was seriously ill. During this ritual, individuals would voluntarily offer to shorten their own lifespans in hopes of extending the patient’s life. In ancient China, people held a profound belief in fate, considering a person’s lifespan predetermined and unchangeable. However, they also believed that life expectancy could be borrowed or exchanged. When parents were...

Politics

8 d. ago MiniMax and Zhipu’s stellar Hong Kong IPOs supercharge China’s AI ambitions

The red-hot Hong Kong initial public offerings (IPOs) of Zhipu AI and MiniMax Group, two of China’s hopefuls to take on US giants like OpenAI and Anthropic, have given a boost to Beijing’s ambitions in the artificial intelligence sector, according to executives and industry watchers. While Zhipu’s valuation of about US$9 billion and MiniMax’s market cap of US$14 billion remain tiny compared with the US giants – OpenAI is worth about US$500 billion and Anthropic’s valuation is estimated at about...

Politics

9 d. ago Thousands of passenger, cargo drones will fill Hong Kong skies in decade, expert says

Thousands of passenger and cargo air taxis could be flying across Hong Kong within a decade as the low-altitude economy takes off, according to one of mainland China’s largest drone makers, which hopes to launch operations in the city. AutoFlight senior vice-president Kellen Tse told the Post the electric vertical take-off and landing (eVTOL) aircraft manufacturer plans to significantly expand in Hong Kong, potentially paving the way for its international headquarters in the city. Backed by...

Events

9 d. ago China to probe Meta’s purchase of Manus over export controls, tech outflow concerns

China’s Ministry of Commerce says it will conduct a review and investigation into Meta’s acquisition of Manus regarding export controls and technology exports, confirming an earlier report by the Post. The Post reported that Chinese authorities were considering whether to step in over Meta Platforms’ acquisition of Manus – an artificial intelligence agent developer with Chinese roots – amid concerns the deal could breach technology export controls and encourage more start-ups to relocate...

Politics

1 week ago Beijing mulls intervention in Meta’s deal to buy Manus amid AI ‘brain drain’ fears

Chinese authorities are considering whether to step in over Meta Platforms’ acquisition of Manus – an artificial intellligence agent developer with Chinese roots – amid concerns the deal could breach technology export controls and encourage more start-ups to relocate offshore, according to two sources. One of the sources said officials, including at the Ministry of Commerce, were looking into the transaction and that the review could lead to action. The other said the chances of intervention...

Economics

1 week ago Why China custom requires new wife to leave husband’s home, hide from family lantern

A traditional custom in northern China known as “hiding from the lanterns” requires that newly married women leave their husband’s home and avoid the groom’s family lantern on their first Lantern Festival after marriage. In China, lanterns are commonly seen as symbols of light and hope. However, during the Lantern Festival, celebrated on the fifteenth day of the first month in the lunar calendar, they become a taboo for newly married women in some areas. In a tradition popularly known as...

Society

1 week ago New KMT chair hopes to take peace message to Beijing while on Taiwan political tightrope

A plan by the chairwoman of Taiwan’s main opposition party to visit Beijing – where she hopes to meet Chinese President Xi Jinping – early this year carries hopes of improving communication amid high tension between the two sides of the strait. While supporters portray Cheng Li-wun’s trip as a potential opening to ease cross-strait tensions, critics warn it risks signalling political alignment with Beijing at a time of rising military pressure. Cheng, who was elected chairwoman of the Kuomintang...

Politics

2 w. ago Ministry of Commerce: China will take necessary measures against EU's unfair trade restrictions

Ministry of Commerce: China will take necessary measures against EU's unfair trade restrictions  news.cgtn.com

Politics

2 w. ago China’s January 1 silver curbs to deepen global crunch, analysts warn amid volatility

China’s move to restrict silver exports is set to keep the metal in the spotlight, with analysts warning of a supply crunch following weeks of volatile price swings. Effective Thursday, the Ministry of Commerce will implement a two-year special government licence for exports of silver, along with tungsten and antimony. While Beijing says the measure is aimed at protecting resources and the environment, market watchers see it as a signal that supply to overseas markets will be further...

Events

3 w. ago From hope to hard numbers: China stocks will need profits to boost the bull run

From hope to hard numbers: China stocks will need profits to boost the bull run  South China Morning Post

Politics

3 w. ago China’s stance on TikTok deal ‘not a green light with no strings attached’, analysts say

The Chinese commerce ministry’s latest remarks on the TikTok deal in the US signalled acceptance rather than approval, as Beijing “hopes” the arrangement will comply with Chinese laws and strike a balance between rival interests, analysts say. The Chinese Ministry of Commerce, which oversees trade and export controls, declared its position a week after TikTok announced the formation of a joint venture, controlled by a consortium of American investors, that would take over its operations in the...

Politics

3 w. ago China sharpens sales pitch for overseas investment with new list of sought

China is taking steps to reshape the direction of its foreign investment, unveiling a revised catalogue of encouraged industries that steers overseas capital towards the advanced and technologically complex sectors Beijing’s policymakers view as future growth drivers. The revised catalogue, which takes effect in February 2026, covers 1,679 industries – 205 more than the current version, which was released in 2022. In a statement on Wednesday, the Ministry of Commerce said the changes are aimed...

Economics

3 w. ago China says it hopes firms can reach lawful, balanced solutions in wake of TikTok deal

China says it hopes firms can reach lawful, balanced solutions in wake of TikTok deal  Anadolu Ajansı

Economics

3 w. ago China hopes for solution on TikTok compliant with Chinese laws, balanced in interests: commerce ministry

China hopes for solution on TikTok compliant with Chinese laws, balanced in interests: commerce ministry  China Daily

Politics

3 w. ago Chinese Commerce Ministry responds to whether China will loosen controls of rare

Chinese Commerce Ministry responds to whether China will loosen controls of rare-earth magnets exports to US  Global Times

Politics

3 w. ago China says it hopes firms seek lawful, balanced solutions over TikTok deal By Reuters

China says it hopes firms seek lawful, balanced solutions over TikTok deal By Reuters  Investing.com

Economics

3 w. ago China says it hopes firms seek lawful, balanced solutions over TikTok deal

China says it hopes firms seek lawful, balanced solutions over TikTok deal  Reuters

Economics