5 d. ago 17,000 police deployed as protests erupt in Philippines over flood control scam

Thousands massed in the Philippine capital of Manila on Sunday demanding accountability over a multibillion-dollar infrastructure scandal that has seen scores of officials, lawmakers and construction firm owners accused of corruption. Rage over so-called ghost flood control projects has been mounting for months in the archipelago country of 116 million, where entire towns have been buried in floodwaters driven by powerful typhoons in recent months. President Ferdinand Marcos Jnr has seen friend...

Events

6 d. ago Chinese biker chases TV crew for 100km to show skills, now owns US$99 million firm

From chasing a TV crew for 100km to showcase his motorcycle skills, a once-poor young man from central China has built a thriving motorcycle empire, raking in 700 million (US$100 million) yuan a year. Born into a rural family in Hunan province, Zhang Xue grew up in a shabby home made of bricks and wooden boards with his younger sister after his parents divorced. During one of her visits, his mother gave him a bicycle, sparking his lifelong love for two-wheeled vehicles. After finishing...

Economics

2 w. ago Top Democrat demands probe into 4 Chinese firms potentially supplying Nexperia

A senior US Democrat is urging the Commerce Department to investigate four Chinese semiconductor firms potentially tied to Dutch chipmaker Nexperia, warning they could threaten the safety and reliability of components used in cars across the US and its allies. The request marks the latest twist in the turmoil surrounding the Chinese-owned firm, which has become a flashpoint in broader disputes involving China, Europe, and the US, following months of internal conflicts, regulatory intervention...

Politics

2 w. ago Top Democrat demands US probe into Chinese firms potentially supplying Nexperia

A senior US Democrat is urging the Commerce Department to investigate four Chinese semiconductor firms potentially tied to Dutch chipmaker Nexperia, warning they could threaten the safety and reliability of components used in cars across the US and its allies. The request marks the latest twist in the turmoil surrounding the Chinese-owned firm, which has become a flashpoint in broader disputes involving China, Europe, and the US, following months of internal conflicts, regulatory intervention...

Politics

2 w. ago Chinese SOEs ask workers to cancel their Japan holidays amid diplomatic row

Amid a heated diplomatic row between Beijing and Tokyo which has shown no signs of cooling off, several employees of China’s state-owned enterprises have been advised to scrap their immediate travel plans to Japan, they told the Post on condition of anonymity. One of them, an engineer at a state-owned firm in the central Chinese city of Wuhan, received an unexpected phone call on Tuesday. It was his company’s administrative office, urging him to cancel his coming holiday. Like employees at many...

Politics

3 w. ago China’s chief space contractor readies plans for tourism programme

As companies like SpaceX and Blue Origin make headlines for sending non-astronauts into space on pricey private tours, a Chinese state firm is expected to unveil its own space tourism programme this week, joining other domestic enterprises as they attempt to make headway in the rapidly emerging – and US-dominated – market. China Aerospace Science and Technology Corp (CASC), the primary contractor for the country's space programme, will unveil details of its inaugural tour at the China Hi-tech...

Events

3 w. ago Ignore China’s innovation boom ‘at your own peril’, General Atlantic CEO warns

Investors in the West are underestimating the scale of innovation, entrepreneurship and economic momentum happening in China, leading to missed opportunities, according to William Ford, chairman and CEO of US private equity firm General Atlantic. “Investors avoid investing in China at their own peril,” Ford said in an exclusive interview with the Post on the sidelines of the 2025 Family Business Summit in Hong Kong last week. “They’ll miss some tremendous investment opportunities.” Ford noted...

Events