7 h. ago Record rainfall in central China leads to flooding and evacuations

Record rainfall in central China leads to flooding and evacuations  NBC News

Events

7 h. ago Heavy floods in central and southern China kill at least 9 and displace tens of thousands

Heavy floods in central and southern China kill at least 9 and displace tens of thousands  ABC News - Breaking News, Latest News and Videos

Events

10 h. ago Musical Chinese man, 102, strikes up sweet bond with grandma in nursing home

A 102-year-old man in central China has formed a sweet bond with an 85-year-old woman at a nursing home by charming her with his artistic talent, winning the admiration of many online. Centenarian Jiang Weidi has lived at Enjoy Ages Nursing Home in Wuhan for over three years, according to Hubei Daily. His room is filled with books, calligraphy, and paintings. He also plays the hulusi, a traditional Chinese cucurbit flute, and taught himself to play the piano. Carers at the home say Jiang is...

Events

30 h. ago Billions misused in China 2024 stimulus, from flood controls to gym gear: audit

China’s top audit watchdog has revealed that tens of billions of yuan in funding were misused by localities amid a roll-out of stimulus measures and flagship projects that the nation adopted last year, as Beijing injected trillions to boost China’s economy. The revelation – resulting from an assessment of the central government’s budget execution last year, as well as of other fiscal revenues and expenditures in 2024 – was spelled out in a report submitted by National Audit Office auditor...

Events

39 h. ago China thief steals 8 cars during travels to avoid cost of air ticket home

A man from northeastern China has shocked the internet after he stole eight cars and drove them on the journey home, one after the other, to avoid paying for an “expensive” flight. According to mainland media outlet New Yellow River, the man, surnamed Chen, is from Liaoning province and had been travelling alone in Changsha, Hunan province, in central China. On May 31, he bought a flight ticket home for 1,500 yuan (US$200) but cancelled it, deciding it was too expensive. An inveterate car thief,...

Society

4 d. ago China's central bank pledges to speed up policy response to economic conditions

China's central bank pledges to speed up policy response to economic conditions  Reuters

Economics

5 d. ago China mum goes to hospital for stomach issues, unexpectedly gives birth to boy

A woman from central China rode her electric bike to the hospital to address a stomach problem after lunch, only to be informed later that she was pregnant and gave birth to a baby boy just an hour later. The remarkable incident, which became a trending topic on mainland social media, unfolded in Ezhou, Hubei province, on June 16, as reported by Jimu News. The woman, surnamed Li, experienced discomfort in her belly after lunch, attributing it to overeating. However, when the pain persisted, Li...

Politics

6 d. ago China’s central bank doubles down on financing support to boost consumption

China is doubling down on its efforts to encourage domestic consumption, with the central government and the country’s wealthiest province rolling out policies aimed at providing structural financial support and on-the-ground incentives. Continued policy support is crucial to keep China’s domestic consumption afloat as trade uncertainties and unemployment pressures persist, analysts said. The People’s Bank of China (PBOC) said on Tuesday that a 500 billion yuan (US$69.68 billion) relending quota...

Economics

7 d. ago China’s yuan set to benefit as central banks report doubts about US dollar

Central banks are showing more interest in the Chinese yuan as doubts grow about the future of the US dollar, but this shift is not enough to challenge the greenback’s dominance in global reserves, according to a new survey. In its latest Global Public Investor poll released on Tuesday, the London-based Official Monetary and Financial Institutions Forum (OMFIF) said a net 14 per cent of reserve managers plan to increase their yuan exposure in the next two years, up sharply from the 2 per cent...

Politics

8 d. ago China, Central Asia Expand Green Energy Cooperation Under Belt and Road Initiative

China, Central Asia Expand Green Energy Cooperation Under Belt and Road Initiative  Newswire :) Press Release Distribution

Politics

8 d. ago Central and southern China hit by heavy rainfall and flooding

Central and southern China hit by heavy rainfall and flooding  South China Morning Post

Events

9 d. ago Opinion | Why China’s Central Asian footprint is about to get bigger

Opinion | Why China’s Central Asian footprint is about to get bigger  South China Morning Post

Politics

1 week ago Xi stresses nonstop efforts to fight undesirable work styles

Xi Jinping, general secretary of the Communist Party of China Central Committee, stressed that the fight against undesirable work styles should not be stopped.

Politics

1 week ago China is winning over Central Asia – but its growing influence could fuel a backlash

China is winning over Central Asia – but its growing influence could fuel a backlash  The Straits Times

Politics

1 week ago China’s Central Bank Seeks Bigger Role for Yuan on Global Stage

China’s Central Bank Seeks Bigger Role for Yuan on Global Stage  WSJ

Politics

1 week ago Mainland China, Hong Kong launching Payment Connect scheme to aid capital flows

China’s central bank is launching a new connect programme with Hong Kong to facilitate cross-border payments – Beijing’s latest move to open up its financial sector and also leverage the southern financial centre to better connect with the rest of the world. The Payment Connect programme will link the mainland’s Internet Banking Payment System and Hong Kong’s Faster Payment System (FPS), allowing users to make payments and wire money faster and more conveniently. The programme will begin on...

Politics

1 week ago China’s influence is growing in Central Asia. What does that mean for Russia?

At a high-level summit this week, China and its Central Asian partners voiced their shared security concerns and showed a united front amid a turbulent global landscape. The close ties between Beijing and the five Central Asian countries – whose leaders met at the China-Central Asia Summit in Kazakhstan on Tuesday – have sparked questions about whether Russia’s regional dominance is waning as it remains preoccupied with the Ukraine war. Kremlin spokesman Dmitry Peskov dismissed this possibility...

Politics

1 week ago Xinhua News | Xi returns to Beijing after attending 2nd China

Xinhua News | Xi returns to Beijing after attending 2nd China-Central Asia Summit  Xinhua News

Politics

1 week ago China’s central bank chief expects new global currency order

China’s central bank chief expects new global currency order  Financial Times

Politics

1 week ago China boy touches hearts by wearing late mum’s photo at exam, then visits grave

A 19-year-old has moved millions of people online by wearing a photograph of his late mother while sitting for the most important exam of his life. Chen, from central China’s Jiangxi province, took China’s national college entrance exam, also known as “gaokao”, from June 7 to June 9. His father, Li Wenbo, said Chen wore black, a symbol of mourning, on the second day. On the last day of the test, he wore his late mother’s photo on his T-shirt. Chen said he wore it in a position close to his heart...

Politics