27 m. ago Labubu becomes bait for China’s Ping An Bank to lure young customers

Hoping the world’s trendiest monster will scare up some new customers, China’s Ping An Bank is rewarding those who open new accounts with a Pop Mart Lababu doll amid fierce competition for young customers among Chinese retail banks. New clients who open a savings account and deposit more than 50,000 yuan (US$6,954) for at least three months could receive a blind box from the first or second series of the Chinese toy retailer’s popular collectibles, according to media reports. Customers who also...

Economics

42 m. ago Living in China’s shadow has become ‘very dangerous’ for Filipino islanders

Living in China’s shadow has become ‘very dangerous’ for Filipino islanders  South China Morning Post

Politics

61 m. ago China’s Liaoning and Shandong aircraft carriers sail beyond second island chain

In an unprecedented show of strength, the Chinese aircraft carriers Liaoning and Shandong have been conducting exercises in the western Pacific Ocean beyond the second island chain, according to the Japanese defence ministry. In a statement on Monday, the ministry said the Shandong strike group was spotted earlier that day, conducting take-off and landing operations of its jet fighters and helicopters about 500km (311 miles) southwest of Iwo Jima and north of Okinotori. It followed the...

Transport

2 h. ago Beijing Woos US Influencers With Free Trip to Show ‘Real China’

Beijing Woos US Influencers With Free Trip to Show ‘Real China’  Bloomberg.com

Politics

3 h. ago Espace LV presents 'Painting From Nature' art exhibition in Beijing

Espace LV presents 'Painting From Nature' art exhibition in Beijing  China.org.cn

Politics

3 h. ago Price wars grip China as deflation deepens, $30 for a luxury Coach bag?

Price wars grip China as deflation deepens, $30 for a luxury Coach bag?  Reuters

Economics

3 h. ago World’s tallest monk? Victor Wembanyama spotted at China’s Shaolin Temple with shaved head

World’s tallest monk? Victor Wembanyama spotted at China’s Shaolin Temple with shaved head  CNN

Politics

4 h. ago Malaysia’s new luxury tax a hard sell for Anwar as popularity wanes

Many Malaysians may find life’s little indulgences suddenly beyond their reach from next month, when fresh taxes bite on premium goods and services like salmon and silk – and even haircuts – after the cash-strapped government said it would raise revenue from so-called luxury spending. Taxes of between 5 and 10 per cent will be imposed on “discretionary and non-essential goods” as well as financial and beauty services and private education from July 1, the Finance Ministry said in a statement...

Events

4 h. ago Civilian group hosts Taiwan tabletop simulation of attack from mainland China

A think tank in Taiwan has started a two-day war game with retired US and Japanese generals to simulate the island’s defence in the event of a military attack from the Chinese mainland. The Taipei School of Economics and Political Science Foundation, which organised the tabletop exercise, said the aim was to “identify the defence issues that Taiwan urgently needs to strengthen and provide recommendations for the government”. Described as the first operational-level military simulation by a...

Events

4 h. ago China EV insurance registrations for week ending Jun 8: Nio 2,630, Tesla 8,640, Xiaomi 4,370

China EV insurance registrations for week ending Jun 8: Nio 2,630, Tesla 8,640, Xiaomi 4,370  CnEVPost

Politics

4 h. ago China's Xi urges respect, 'right track' in call with South Korean counterpart

China's Xi urges respect, 'right track' in call with South Korean counterpart  Reuters

Politics

4 h. ago China’s Huawei says US is exaggerating its chipmaking capabilities

China’s Huawei says US is exaggerating its chipmaking capabilities  ft.com

Politics

5 h. ago China’s $1.1tn asset manager becomes star player on ‘national team’

China’s $1.1tn asset manager becomes star player on ‘national team’  Financial Times

Politics

6 h. ago China orders trial of aged care robots that can cook, clean, and provide emotional support

China orders trial of aged care robots that can cook, clean, and provide emotional support  theregister.com

Politics

6 h. ago 'India has become excessively dependent on China': Top economist calls for 'carefully tailored policy' for trade with Beijing

'India has become excessively dependent on China': Top economist calls for 'carefully tailored policy' for trade with Beijing  MSN

Events

6 h. ago China to make all hospitals offer epidurals to incentivize childbirth

China to make all hospitals offer epidurals to incentivize childbirth  CNN

Politics

6 h. ago Hong Kong medical device maker to expand China facility amid US, EU barriers

Vincent Medical Holdings, a Hong Kong-based medical device maker, has doubled down on manufacturing in China by investing in automation and digitalisation, instead of moving operations abroad amid rising trade barriers in the US and Europe. The maker of disposable radiology products and respiratory devices is building a factory in Kaiping in the western part of the Greater Bay Area, CEO Raymond Choi Cheung-tai said in an interview. Trial operations could start before the end of the year, he...

Politics

7 h. ago Beijing’s green mirage: How China drives environmental destruction abroad while claiming climate leadership at home

Beijing’s green mirage: How China drives environmental destruction abroad while claiming climate leadership at home  Lowy Institute

Politics

7 h. ago China Taps $1.5 Trillion Fund to Boost Housing Market Support

China Taps $1.5 Trillion Fund to Boost Housing Market Support  Bloomberg

Economics

7 h. ago Billionaire Johnson Family’s VC Fund to Exit China Tech Holdings

Billionaire Johnson Family’s VC Fund to Exit China Tech Holdings  Bloomberg.com

Politics