10 h. ago Why China’s officials are braced for another round of performance inspections

Chinese officials already have to deal with a series of inspectors knocking on their doors to keep tabs on their activities, but now they will also have a new group of “performance observers” looking over their shoulders to check that they are not wasting government funds. Local officials in China are often castigated for spending money on “white elephants”, such as flashy construction projects, in the hope these will provide a quick fix for the local economy and win favour with their...

Politics

14 h. ago China’s Wang Yi decries ‘unacceptable’ Israeli attack on Iran, urges diplomacy

Chinese Foreign Minister Wang Yi called Israel’s attack on Iran an “unacceptable” breach of international law and urged measures to de-escalate tensions in phone calls with his Israeli and Iranian counterparts on Saturday. He told Israeli Foreign Minister Gideon Saar that China could play a “constructive role” in the peaceful resolution of the Iran nuclear issue, saying diplomatic solutions remained viable and a peaceful resolution was still achievable, according to China’s Ministry of Foreign...

Politics

19 h. ago China zoo visitors slammed for ‘lucky’ tiger hair pulling, warned over provocation

A group of tourists who pulled out the hair of a tiger at a zoo in China, thinking it would ward off evil spirits, have sparked outrage online. On June 8, a viral video showed several visitors at a zoo in Liaoning province, northeastern China, pulling hair from the big cat’s belly and tail through a metal fence. The incident took place in a special zone where tigers often rest on top of a steel viewing tunnel. In the video, one of the tourists, a woman, is heard saying: “Let’s pull more! Tiger...

Events

37 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

37 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

48 h. ago Tim Walz: Maybe China can negotiate a Middle East peace deal

Tim Walz: Maybe China can negotiate a Middle East peace deal  Jewish Insider

Politics

52 h. ago Pentagon review rattles submarine deal amid fears of China’s naval edge

Pentagon review rattles submarine deal amid fears of China’s naval edge  The Washington Post

Politics

57 h. ago AstraZeneca signs AI research deal with China's CSPC for chronic diseases

AstraZeneca signs AI research deal with China's CSPC for chronic diseases  Reuters

Politics

58 h. ago Indebted owner’s luxury property on The Peak on sale at 30% discount

Distressed sales in Hong Kong’s luxury property market persist, with a mansion on The Peak now listed at two-thirds the purchase price six years ago. The three-storey detached house in Twelve Peaks at 12 Mount Kellett Road, developed by Sun Hung Kai Properties, has been put up for sale for HK$330 million (US$42 million) by the creditor, according to Colliers, which has been appointed as the sole agent for the asset. Yip Yuen Sai bought the property for HK$450 million in 2019, according to the...

Economics

60 h. ago Despite U.S., China trade deal, tariffs keep economy in state of uncertainty

Despite U.S., China trade deal, tariffs keep economy in state of uncertainty  Axios

Economics

61 h. ago China steps up global aviation expansion as Comac bids for Laos carrier

The Commercial Aircraft Corporation of China (Comac) has reportedly bid to take a majority stake in the flag carrier of Laos, as the state-owned Chinese aviation firm continues its push to expand its market in Southeast Asia. The deal – which is pending approval by the Lao authorities – would see Comac help Lao Airlines overhaul its operations and stem its losses in exchange for the carrier agreeing to use the Chinese company’s passenger jets, Vientiane Times quoted Prime Minister Sonexay...

Politics

2 d. ago Trump cannot hope to solve a China ‘problem’ he has misdiagnosed

Amid a US-China trade truce, negotiators in London reached a “framework” agreement to activate the Geneva deal, raising hopes for an immediate alleviation of the trade conflict, including potentially a US commitment to revoke some of its tech embargoes in return for China’s relaxation of rare earth export restrictions. The full details of the London agreement are expected to be available after both US President Donald Trump and President Xi Jinping have approved it. The two-day London...

Politics

2 d. ago Trump’s fundamental mistake is in seeing China as America’s problem

Amid a US-China trade truce, negotiators in London reached a “framework” agreement to activate the Geneva deal, raising hopes for an immediate alleviation of the trade conflict, including potentially a US commitment to revoke some of its tech embargoes in return for China’s relaxation of rare earth export restrictions. The full details of the London agreement are expected to be available after both US President Donald Trump and President Xi Jinping have approved it. The two-day London...

Politics

3 d. ago Trump's China trade 'deal' returns the U.S. right back to where it started

Trump's China trade 'deal' returns the U.S. right back to where it started  MSNBC News

Politics

3 d. ago US, China trade truce: Beijing affirms pact, says both must abide by deal

US, China trade truce: Beijing affirms pact, says both must abide by deal  The Economic Times

Economics

3 d. ago Trump Says Trade Deal With China is ‘Done,’ Imposes 55% Tariff

Trump Says Trade Deal With China is ‘Done,’ Imposes 55% Tariff  TechRepublic

Politics

3 d. ago China strikes cautious tone after Trump claims trade deal is 'done'

China strikes cautious tone after Trump claims trade deal is 'done'  Sky News

Politics

3 d. ago What Trump really means when he says ‘our deal with China is done’

What Trump really means when he says ‘our deal with China is done’  CNN

Politics

3 d. ago China’s PLA Daily slams US Golden Dome plan, warns of space arms race

China’s military newspaper has condemned America’s planned “Golden Dome” space-based missile defence system, warning that it may threaten global strategic stability and trigger an arms race in space. “The development of the Golden Dome system and the US Space Force’s rapid expansion have further militarised outer space,” a commentary in the PLA Daily warned on Thursday, adding that such moves could potentially intensify great power rivalry and challenge international arms control norms. The...

Events

3 d. ago Oil Prices Retreat. Investors Weigh Up China Deal and Middle East Tensions.

Oil Prices Retreat. Investors Weigh Up China Deal and Middle East Tensions.  Barron's

Economics