9 h. ago Chinese man buys coffin for elderly mum to sit in, believes it promotes longevity.

A Chinese man has attracted widespread attention online after he bought a coffin for his 70-something mother to sit in and hired 16 men to carry it from the shop to his home as a gesture of filial piety. The unidentified man from Shuangxikou Town, Taoyuan County, Changde, in Hunan province, southern China, hired porters to carry his elderly mother home in a casket in the hope that doing so would bring her good fortune and longevity. A viral video shows the elderly woman sitting cheerfully inside...

Politics

4 d. ago How China’s C919 could win big from revived US jet engine exports: analysts

China is expected to sustain production of its home-grown aircraft and expand access to foreign skies, following the United States’ removal of a ban on selling American jet engine parts and technology to Chinese buyers. But analysts cautioned that earlier export restrictions imposed by the Trump administration had a chilling effect – one that could harden Beijing’s resolve to accelerate the development of indigenous engines and other critical components. Sales resumed last week after a bilateral...

Politics

4 d. ago How China’s C919 aircraft could win big from revived US jet engine exports

China is expected to sustain production of its home-grown aircraft and expand access to foreign skies, following the United States’ removal of a ban on selling American jet engine parts and technology to Chinese buyers. But analysts cautioned that earlier export restrictions imposed by the Trump administration had a chilling effect – one that could harden Beijing’s resolve to accelerate the development of indigenous engines and other critical components. Sales resumed last week after a bilateral...

Politics

9 d. ago Chinese firms eye Hong Kong listings after mainland investors’ buying spree

A slew of mainland-listed Chinese technology companies are speeding up fundraising plans in Hong Kong to capitalise on the upbeat market sentiment. Hong Kong’s equity market has been buoyed by mainland investors’ record buying of HK$731.2 billion (US$93.1 billion) of stocks in the first half of the year, according to Hong Kong Exchanges and Clearing (HKEX) data and Bloomberg on Monday. The buying spree, driven by attractive valuations and a re-rating of China’s technology sector, has led to a...

Economics

2 w. ago Dubai and Abu Dhabi vie to attract Chinese luxury property buyers

Dubai and Abu Dhabi are jockeying to become the United Arab Emirates’ (UAE) top luxury property market amid increasing demand from Chinese buyers, according to agents. While Dubai was way ahead in terms of popularity, Abu Dhabi was increasingly finding favour with investors owing to its value proposition, according to Juwai IQI, a real estate broker with more than US$4 trillion in property listings globally on its platform. “Dubai and Abu Dhabi are similar markets in terms of product and...

Politics

2 w. ago China accelerates the trend: It’s no longer about buying Apple but Chinese brands

China accelerates the trend: It’s no longer about buying Apple but Chinese brands  Glass Almanac

Economics

2 w. ago Texas governor signs bill banning Chinese citizens from buying property in state

A bill to restrict property ownership in Texas by Chinese citizens became law, more than two years after it was first introduced, setting up what could be a prolonged legal and political battle as critics plan to file a suit challenging its constitutionality. Governor Greg Abbott, a Republican, announced on Saturday that he had signed the bill, which also targets nationals from Iran, North Korea and Russia, into law. Abbott expressed support for the bill in February, writing on social media that...

Economics

2 w. ago China’s rolls out ‘property supermarkets’ to support ailing housing market

With another decline in housing prices in May and sentiment among buyers remaining subdued, Chinese authorities are rolling out “property supermarkets”, which are online or offline hubs where consumers can view homes. Chengdu last week became the latest city to launch a homebuying platform in an effort to make homebuying more transparent and efficient. The capital of southwestern China’s Sichuan province partnered with nearly 30 state-owned and private developers to feature more than 50 projects...

Politics

2 w. ago China rolls out ‘property supermarkets’ to help ailing housing market

With another decline in housing prices in May and sentiment among buyers remaining subdued, Chinese authorities are rolling out “property supermarkets”, which are online or offline hubs where consumers can view homes. Chengdu last week became the latest city to launch a homebuying platform in an effort to make homebuying more transparent and efficient. The capital of southwestern China’s Sichuan province partnered with nearly 30 state-owned and private developers to feature more than 50 projects...

Politics

3 w. ago TikTok’s fate still in limbo as Trump extends deadline to sell its US operations

The fate of short video app TikTok in the United States remains in limbo, according to analysts, even as the Trump administration gives owner ByteDance a fresh 90-day extension to find a non-Chinese buyer for the popular platform’s operations in the country. The White House on Tuesday said US President Donald Trump would sign another executive order this week “to keep TikTok up and running” in the US. While Beijing and Washington work on a trade deal, “the TikTok issue is beyond the scope of...

Politics

3 w. ago At Paris Air Show, China’s aviation suppliers circle for a landing

China’s presence at the Paris Air Show – the globally renowned civil aviation expo – is usually reduced to Beijing’s biggest names in the field. In particular, conversation tends to focus on the Commercial Aircraft Corporation of China (Comac), the maker of the C919 passenger jet. But things have changed this year. Dozens of lesser-known Chinese firms from across the supply chain have flocked to the European capital to showcase their products to Western buyers. The number of Chinese companies...

Politics