China Offers Surprise Response to Tadashi Yanai’s Xinjiang Comments

China Offers Surprise Response to Tadashi Yanai’s Xinjiang Comments

LONDON – China‘s government has kept its cool and offered a muted response to comments by Tadashi Yanai that Fast Retailing does not use cotton from Xinjiang. Yanai, president and CEO of Fast Retailing, the parent of Uniqlo, told the BBC his company does not use cotton from the region, despite working closely with Chinese … Read more

Bitcoin was once dominated by China, but the Trump bump is shifting momentum to US

Bitcoin was once dominated by China, but the Trump bump is shifting momentum to US

In August 2012, a young Chinese entrepreneur posted to the online forum BitcoinTalk that he was selling shares in a company that would make hardware with chips dedicated to mining bitcoin and pay out dividends based on its earnings. Jiang Xinyu, known as Friedcat on the forum, was one of the first people in the … Read more

China announces plan to cut food waste at the production, transport and storage end

China announces plan to cut food waste at the production, transport and storage end

China has announced an action plan to reduce food loss and waste. It came days after President Xi Jinping delivered a speech at the Group of 20 summit in Brazil, declaring that China was joining the Global Alliance Against Hunger and Poverty and would remain a committed host of the International Conference on Food Loss … Read more

Chinese scientists rush to climate-proof potatoes

Chinese scientists rush to climate-proof potatoes

YANQING, CHINA —  In a research facility in the northwest of Beijing, molecular biologist Li Jieping and his team harvest a cluster of seven unusually small potatoes, one as tiny as a quail’s egg, from a potted plant. Grown under conditions that simulate predictions of higher temperatures at the end of the century, the potatoes … Read more

How constant stress tests on China’s village cadres are raising risks for rural stability

How constant stress tests on China’s village cadres are raising risks for rural stability

The stress on China’s rural cadres to meet Beijing’s targets has multiplied in the past decade, raising a serious risk to stability in the countryside, a researcher specialising in rural governance has warned. In an article posted on social media last week that was swiftly taken down, Luo Shan, a researcher from the Rural Governance … Read more

China urges utmost caution by US ahead of Taiwan president’s Hawaii trip

China urges utmost caution by US ahead of Taiwan president’s Hawaii trip

Lai’s weeklong trip begins on Saturday, making what is officially called a stopover first in Hawaii before going to the Marshall Islands, Tuvalu and Palau, three of the 12 countries which have formal ties with Taiwan. He will also stop over in the US territory of Guam. Mao Ning, a spokesperson for China’s foreign ministry, … Read more

Nepal PM to make official visit to China

Nepal PM to make official visit to China

KATHMANDU: Nepal’s premier will visit China next month, the foreign ministry said on Friday (Nov 29), a departure from the usual practice by the Himalayan republic’s leaders of making India their first official destination. Khadga Prasad Sharma Oli, who returned to power in July, departs for a four-day trip on Tuesday and is expected to meet … Read more

How Singapore, China can build on their ‘especially valuable’ cooperation amid global headwinds

How Singapore, China can build on their ‘especially valuable’ cooperation amid global headwinds

The foreseeable rise of protectionist policies from the US and potentially some of its allies poses a shared threat to the economic wherewithal of both China and Singapore, noted Dr Xu from CASS. “As Singapore is a trade-dependent nation, trade liberalisation and investment have been fundamental to its growth. Similarly, China, as one of the … Read more

Taiwan president’s plan to stop over in Hawaii, Guam angers Beijing

Taiwan president’s plan to stop over in Hawaii, Guam angers Beijing

Fifteen of the aircraft crossed the median line of the Taiwan Strait, which separates the two, in coordination with Chinese navy vessels in a “joint combat readiness patrol”, the statement said.   – Meeting ‘old friends’ – Lai will spend two nights in Hawaii and one night in Guam, meeting with “old friends” and “think tank members”, … Read more

Chinese retailer Miniso’s founder slams ByteDance-owned Douyin for exorbitant fees

Chinese retailer Miniso’s founder slams ByteDance-owned Douyin for exorbitant fees

Douyin, the Chinese version of TikTok with domestic e-commerce operations, has been slammed for charging exorbitant promotion fees amid insufficient sales by the head of Chinese budget retailer Miniso Group, which runs multiple stores on the ByteDance-owned platform. Miniso founder and chief executive Ye Guofu, 47, levelled his criticism of Douyin via his WeChat post … Read more