Shanghai court says crypto ownership legal under China law amid bitcoin price surge

Shanghai court says crypto ownership legal under China law amid bitcoin price surge

A Shanghai court has released an opinion stating that the personal ownership of cryptocurrencies is not against Chinese law, offering explicit legal clarity for crypto holders on the mainland amid a record-setting bitcoin price surge. Sun Jie, a judge at the Shanghai Songjiang People’s Court, wrote in an article published on Shanghai High People’s Court’s … Read more

Ex-Chinese ambassador offers rare insight into Beijing’s thinking about foreign media

Ex-Chinese ambassador offers rare insight into Beijing’s thinking about foreign media

A former Chinese ambassador has shared her tips on dealing with foreign media in an article for a party organ that gives a rare insight into the mindset of the country’s senior diplomats. “When I was ambassador to Australia, I accepted an interview. The journalist’s family had immigrated from an eastern European country … and … Read more

Former Taiwanese leader’s trip to security summit in Canada raises ire in Beijing

Former Taiwanese leader’s trip to security summit in Canada raises ire in Beijing

Former Taiwanese leader Tsai Ing-wen is set to visit Canada on Wednesday in yet another overseas trip expected to provoke a strong reaction from Beijing. “[Tsai] will highlight the unwavering commitment of the Taiwanese people to safeguarding democracy and freedom and reaffirm Taiwan’s determination to collaborate with the international community in contributing to global stability … Read more

China’s spy agency warns of security threats from surveillance camera network flaws

China’s spy agency warns of security threats from surveillance camera network flaws

China’s top spy agency has warned that foreign agents could use flaws in the country’s massive camera surveillance network to steal state secrets. The warning, posted on the WeChat account of the Ministry of State Security (MSS) on Sunday, came after a citizen from an unnamed city reported to the agency that video surveillance cameras … Read more

Fatal end to knife brawl as China suffers another violent incident

Fatal end to knife brawl as China suffers another violent incident

A knife-wielding brawl in the southwestern province of Sichuan ended with the fatal stabbing of a man, in China’s third deadly episode in recent days. According to Chengdu police, a 35-year-old man surnamed Zhu stabbed a man on Monday afternoon after a traffic dispute. The victim died despite medical treatment. Zhu has been placed under … Read more

Speculation over Donald Trump’s US treasury pick reveals divergent views in transition

Speculation over Donald Trump’s US treasury pick reveals divergent views in transition

Divisions among US president-elect Donald Trump’s advisers over who will get key economic roles in the new administration dominated coverage of the transition on Monday, highlighting concern over tariffs, a central issue in US-China relations. The leading contenders for US treasury secretary include billionaire Cantor Fitzgerald CEO Howard Lutnick and hedge-fund manager Scott Bessent. However, … Read more

China’s vice-premier pushes trade resilience amid US tariff threat

China’s vice-premier pushes trade resilience amid US tariff threat

Beijing’s top official handling trade and economic affairs talks with the United States inspected major container ports in China’s top exporting province on Sunday, amid concerns over the potential impact of US president-elect Donald Trump’s trade policies. During his visits to Nansha Port in the city of Guangzhou and Shekou Port in the city of … Read more

China imposes new cooking oil transport rules after fuel tanker scandal

China imposes new cooking oil transport rules after fuel tanker scandal

Bulk containers used to transport vegetable oil in China must be for food use only and clearly labelled as such from February, according to new national regulations introduced in response to a cooking oil scandal earlier this year. Under hygiene standards released last month by the State Administration for Market Regulation, cooking oil cannot be … Read more

South China car attack suspect still in a coma, Zhuhai authorities say

South China car attack suspect still in a coma, Zhuhai authorities say

The man suspected of being responsible for a car attack that killed 35 people in southern China is still in a coma and cannot be questioned, the local authorities have said. The suspect, a 62-year-old man surnamed Fan, remains in a stable condition in hospital after trying to cut his throat following Monday’s attack in … Read more

Why China’s big cities are losing foreign workers even as post-Covid travel picks up

Why China’s big cities are losing foreign workers even as post-Covid travel picks up

Fewer Westerners are working in major Chinese cities as high-paying jobs dry up amid slow economic growth, with living costs and China’s geopolitical tensions with the West also taking their toll. But some of those gaps are being filled by professionals from Southeast Asia, as foreign firms increasingly turn to local or regional talent. Census … Read more