18 h. ago China scenic site seeks dancing ‘savages’ for US$70 daily, requires eating raw food

A top natural scenic spot in central China has come under the spotlight for hiring people to pose as savages for tourists, and paying them 500 yuan (US$70) a day to do so. Since Shennongjia National Nature Reserve in Hubei province began recruiting on June 7 about 10,000 people have applied for the job, the scenic zone’s management company told the Beijing News on June 9. Included in the Unesco World Heritage List, the Shennongjia tour zone features primeval ecology, rich biodiversity and...

Politics

18 h. ago Hong Kong homebuyers snap up Deep Water Pavilia flats amid discounts

The first batch of flats on offer at the Deep Water Pavilia project on the south side of Hong Kong island are expected to sell out, according to property agents, as homebuyers rushed to snap up available units this weekend on the back of discounted pricing and low interest rates. As of 1pm on Saturday, 75 of the 138 flats on offer at the New World Development (NWD)-led luxury residential project in Wong Chuk Hang were snapped up, about four hours after sales started, property agents said. All...

Politics

18 h. ago Hong Kong homebuyers snap up all Deep Water Pavilia flats on offer this weekend

The first batch of flats on offer at the Deep Water Pavilia project on the south side of Hong Kong island sold out on Saturday, according to property agents, as homebuyers rushed to snap up available units on the back of discounted pricing and low interest rates. As of 4 pm, all 138 flats on offer at the New World Development (NWD)-led luxury residential project in Wong Chuk Hang were sold for a grand total of HK$1.53 billion (US$196 million), just seven hours after sales started, property...

Politics

19 h. ago Chinese aircraft carriers’ Pacific presence sparks warnings for Philippines

The crossing of a US-designated island chain in the Western Pacific by a Chinese carrier group marks an increase in Beijing’s “operational tempo” that the Philippines should pay heed to, observers say. They warn, however, that a “delicate balance” should still be maintained to avoid any escalation amid calls for vigilance. Regional governments such as Japan and Taiwan have advised increased caution, and a former official in the Joe Biden administration has suggested formalising the so-called...

Events

19 h. ago Hong Kong’s mediation centre open to developed nations, Western countries

Western and developed countries are welcome to use services offered by Hong Kong’s newly established global mediation centre, a senior official has said, dismissing concerns over the institute’s founding members being primarily developing nations. Deputy Secretary for Justice Horace Cheung Kwok-kwan on Saturday also addressed the possible direct competition with other dispute resolution hubs, including Singapore, outlining Hong Kong’s distinct advantages such as its “one country, two systems”...

Politics

21 h. ago Chinese scientists find first evidence that AI could think like a human

Chinese researchers have confirmed for the first time that artificial intelligence large language models can spontaneously create a humanlike system to comprehend and sort natural objects, a process considered a pillar of human cognition. It provides new evidence in a debate over the cognitive capacity of AI models, suggesting that artificial systems that reflect key aspects of human thinking may be possible. “Understanding how humans conceptualise and categorise natural objects offers critical...

Politics

38 h. ago ‘Any time, any place’: Philippine army to be deployed to South China Sea islands

A senior Philippine military official has revealed a soon-to-be-deployed strategy that would involve an army contingent to support law enforcement units on occupied islands in the South China Sea. Observers said the strategy would align with Manila’s policy shift from an internal to external defence posture aimed at protecting the country’s territorial waters. One expert, however, warned that it could lead to more aggressive moves by the Chinese navy and coastguard if Beijing were to view...

Politics

39 h. ago China extracts critical mineral rubidium from brine for first time

Chinese scientists have achieved a breakthrough in the commercial extraction of the critical metal rubidium directly from salt lake brine, potentially slashing dependence on imports – mostly from Canada – that now supply two-thirds of China’s needs. This industrial-scale method produces ultra-pure rubidium chloride from ultra-low concentrations, offering a new domestic source for this strategically vital material. The Qinghai Institute of Salt Lakes (ISL) of the Chinese Academy of Sciences (CAS)...

Politics

44 h. ago As Chinese exporters explore home market, how are letters of credit helping?

After the United States imposed so-called reciprocal tariffs on imports from China in April, Beijing took steps to help Chinese exporters sell their products domestically. In addition to the staging of product promotion events across the country and the offering of fiscal and financial incentives, Beijing also encouraged the increased use of letters of credit (L/Cs) to help such businesses switch focus to the domestic market. What is a domestic letter of credit? A letter of credit, also known as...

Politics

59 h. ago Exclusive: French cognac makers offer China minimum import prices to fend off tariffs

Exclusive: French cognac makers offer China minimum import prices to fend off tariffs  Reuters

Economics

61 h. ago Xpeng and Chinese EV peers aim to win over Hongkongers amid global push

Chinese electric vehicle (EV) maker Xpeng aims to start offering Hong Kong consumers smart cars featuring semi-autonomous driving systems next year as it gears up to take on Tesla’s FSD (Full Self-Driving) feature outside mainland China. He Xiaopeng, co-founder and CEO of the Guangzhou-based carmaker, said in Hong Kong on Thursday that testing of its Xpeng Navigation Guided Pilot (X NGP) driver-assistance system in the city would take only two months before sales could begin. However, he added...

Politics

66 h. ago Philippines’ Marcos softens stance amid economic pressures but will China bite?

President Ferdinand Marcos Jnr’s recent call to Filipino-Chinese businessmen to boost Manila’s bilateral ties with Beijing has raised the possibility that the Philippine leader is softening his stance on China. However, while the president’s sudden pivot could signal a recalibration of his approach, observers say the move is unlikely to yield any results in the near term because of his earlier hardline policy, including a statement earlier this month by his defence chief at a major security...

Economics

67 h. ago Applications for 2,576 Hong Kong subsidised flats to open in third quarter of 2025

Public housing tenants can apply to buy more than 2,500 subsidised flats in Hong Kong in the third quarter of this year, with the homes to go for 60 per cent of the market price, the Post has learned. An insider said on Thursday that the Housing Authority would offer 2,576 new subsidised flats at a site in Kowloon this year under the Green Form Subsidised Home Ownership Scheme, which focuses on residents living in public housing estates. Prices would range from HK$1.15 million (US$146,500) to...

Politics

67 h. ago Applications for 2,576 Hong Kong subsidised flats to open in third quarter

Public housing tenants can apply to buy more than 2,500 subsidised flats in Hong Kong in the third quarter of this year, with the homes to go for 60 per cent of the market price, the Post has learned. An insider said on Thursday that the Housing Authority would offer 2,576 new subsidised flats at a site in Kowloon this year under the Green Form Subsidised Home Ownership Scheme, which focuses on residents living in public housing estates. Prices would range from HK$1.15 million (US$146,500) to...

Politics

2 d. ago Chinese vessel grounding: concern in Philippines over new grey

A recent case of a Chinese militia vessel running aground on a strategic island in the disputed South China Sea has raised concerns from the Philippine side of another wave of so-called grey-zone activities by Beijing, even as Manila’s officials acknowledge the incident could be down to inclement weather. Observers point to the Philippines having adopted the same strategy to stake claim over the Second Thomas Shoal when it permanently grounded the war vessel BRP Sierra Madre in 1999. The recent...

Politics

2 d. ago Chery’s stock to debut in third quarter in carmaker’s Hong Kong IPO

Chery Automobile, China’s second-largest automobile maker by volume, is aiming to complete its initial public offering (IPO) in Hong Kong in the third quarter of this year, said its chairman. The company, based in Wuhu city in eastern China’s Anhui province, has filed its intention to list on the Hong Kong stock exchange and use the city as its springboard for venturing into the global market, said Yin Tongyue during the 2025 Automotive Expo in the city. “We hope to have more of our...

Politics

2 d. ago Chery to debut in third quarter as carmaker uses Hong Kong as a springboard

Chery Automobile, China’s second-largest carmaker by volume, is seeking to complete its Hong Kong initial public offering (IPO) in the third quarter of this year, its chairman said. At the 2025 International Automotive & Supply Chain Expo in Hong Kong on Thursday, Yin Tongyue said the company was seeking to use the city as a launching pad into the global market. Chery, based in Wuhu in eastern Anhui province, has filed its intention to list on the Hong Kong stock exchange. “We hope to have more...

Politics

2 d. ago Japan weighs tightening rules on visa popular among Chinese nationals

Japan is considering increasing the minimum investment threshold for its business manager visa in a bid to make it harder for foreigners to obtain residence status and launch commercial operations in the country, as the scheme becomes increasingly popular with Chinese nationals. The visa, which offers relatively accessible entry for foreign entrepreneurs, permits stays of up to five years for those who either invest 5 million yen (US$34,711) or hire two full-time employees while maintaining an...

Politics

3 d. ago China Gets First Private Builder Dollar Bond Offering Since 2023

China Gets First Private Builder Dollar Bond Offering Since 2023  Bloomberg

Politics

3 d. ago Stocks rise as inflation stays cool, Trump offers China trade 'framework'

Stocks rise as inflation stays cool, Trump offers China trade 'framework'  USA Today

Politics