41 h. ago Moutai, China’s premier liquor brand, may find austerity rules hard to swallow

China’s premier liquor distiller Kweichow Moutai – a brand that had, over decades, become synonymous with sumptuous feasts – is heeding a renewed mandate for austerity from Beijing, distancing its products from the extravagant hard-drinking lifestyle with which it had been linked in the public consciousness. Management at the company, valued at 1.86 trillion yuan (US$258.73 billion), has pledged to comply with strictures stressing thrift – guidelines that have helped to remove Moutai’s expensive...

Politics

5 d. ago Tom Cruise’s ‘Mission: Impossible – The Final Reckoning’ Leads Again at China Box Office as ‘Ballerina’ Bows in Third

Tom Cruise’s ‘Mission: Impossible – The Final Reckoning’ Leads Again at China Box Office as ‘Ballerina’ Bows in Third  Variety

Sport

6 d. ago Officials race to comply with Xi’s austerity rules as inspectors come knocking

As Elon Musk’s so-called Department of Government Efficiency was shaking up federal agencies in America with deep spending cuts, bureaucrats in China were also feeling the heat. Since mid-March, thousands of Chinese officials have been scrambling to comply with President Xi Jinping’s austerity orders – making sure their offices are modest, their meal receipts are in order and returning any lavish gifts – as inspectors carry out checks. The campaign has been running since 2012 and takes aim at...

Politics

8 d. ago Hong Kong IPO Rules Tested as China Firms Weigh US Delistings

Hong Kong IPO Rules Tested as China Firms Weigh US Delistings  Bloomberg

Economics

9 d. ago China Drafts Rules for Driver Assistance Systems to Boost Safety

China Drafts Rules for Driver Assistance Systems to Boost Safety  Bloomberg

Politics

1 week ago Tom Cruise’s ‘Mission: Impossible – The Final Reckoning’ Rules China Box Office

Tom Cruise’s ‘Mission: Impossible – The Final Reckoning’ Rules China Box Office  Variety

Sport

1 week ago Mission: Impossible? China faces box office blues during Dragon Boat Festival

A Hollywood film topped ticket presales for China’s Dragon Boat Festival, but latest data points to a subdued box office for the holiday season as the industry grapples with a string of underwhelming performances. The box office revenue for Saturday, the first day of the Dragon Boat Festival holiday, was estimated at 122 million yuan ($16.9 million), according to Maoyan, a Chinese film industry data platform. The figure was lower than the 177 million yuan for May 1, the first day of mainland...

Sport

2 w. ago China manager fired for kissing subordinate in office, court rules in favour of boss

A senior manager in eastern China, who was dismissed for kissing a female subordinate in the office, took his employer to court and won a case that captivated mainland social media. The final verdict of the lawsuit was delivered in 2017. However, the Shanghai General Trade Union only shared a summary of the case online on May 22 as part of a labour law education campaign, leaving unexplained the reasons for the lengthy delay. The executive, identified only as Lin, was a production supervisor at...

Events

2 w. ago Nvidia ‘considering’ new AI chip for China but rules out Hopper series

Nvidia said a new artificial intelligence (AI) chip for the Chinese market is not ready although it is considering such a plan, as US export controls continue to cloud the outlook for the tech giant in the world’s second largest economy. “The key is to understand the limits and see if we can come up with interesting products that could continue to serve the Chinese market,” Nvidia founder and CEO Jensen Huang, 62, said during the company’s post-earnings call on Wednesday. “We don’t have anything...

Politics

2 w. ago Nvidia earnings live: Nvidia beats on Q1 revenue, sees $8 billion impact from China export rules

Nvidia earnings live: Nvidia beats on Q1 revenue, sees $8 billion impact from China export rules  Yahoo Finance

Economics

2 w. ago China, Asean, Gulf states deliver ‘elaborate’ message on economic, energy ties

China, Southeast Asian nations and six Gulf states have pledged to foster closer cooperation with a strong emphasis on economic integration and energy collaboration, marking a milestone in enhancing tripartite alignment to tackle regional and global challenges. In a comprehensive joint statement, leaders from the Association of Southeast Asian Nations (Asean), the Gulf Cooperation Council (GCC) and China reaffirmed their commitment to a rules-based multilateral trading system and economic...

Economics

2 w. ago Commentary: China seeks to remind the world of its rules, with new national security white paper

Commentary: China seeks to remind the world of its rules, with new national security white paper  CNA

Events

2 w. ago China Box Office: ‘Lilo & Stitch’ Opens on Top, ‘Ne Zha 2′ Stays in Top Five

China Box Office: ‘Lilo & Stitch’ Opens on Top, ‘Ne Zha 2′ Stays in Top Five  Variety

Politics

3 w. ago France and China must jointly 'safeguard international trade rules', Xi tells Macron

France and China must jointly 'safeguard international trade rules', Xi tells Macron  France 24

Politics

3 w. ago Trump changed Biden’s AI chip rules. What now, will it affect China trade talks?

In battle for tech supremacy, new US restrictions undo Biden-era rule, prompting warning that controls over Chinese chips could make their ecosystem stronger.

Politics

3 w. ago Xi, Macron discuss efforts to resolve trade disputes, boost cooperation

After phone call between two leaders, French president says both sides agreed to move faster to resolve cognac tariffs.

Politics

3 w. ago Chinese and French presidents tackle cognac tariffs in phone call: Macron

French leader says fair competition is key and both sides agreed to move faster to resolve their trade dispute.

Politics

3 w. ago Jensen Huang Says Chip Export Rules for China Are 'a Failure'

Jensen Huang Says Chip Export Rules for China Are 'a Failure'  Business Insider

Events

3 w. ago From Cannes to Oscars, Bollywood’s women challenge India’s ‘misogynistic’ storylines

Women filmmakers in India are reshaping cinema with authentic female narratives, gaining acclaim and box office success, despite challenges.

Politics

3 w. ago China Box Office: ‘The Dumpling Queen’ Holds No. 1 for Third Straight Weekend, ‘Ne Zha 2’ Going Strong

China Box Office: ‘The Dumpling Queen’ Holds No. 1 for Third Straight Weekend, ‘Ne Zha 2’ Going Strong  Variety

Politics