Adora Magic City, the first made-in-China large cruise ship, waits for its first commercial passengers on the dockyard in Shanghai on January 1, 2024. Future Publishing | Future Publishing | Getty Images Travelers entering China via international cruises can stay in select provinces in the country for up to 15 days without a visa, the government … Read more
Beijing — Russian President Vladimir Putin thanked Chinese leader Xi Jinping for his efforts to resolve the war in Ukraine at a Beijing summit on Thursday, where the two leaders reaffirmed a “no-limits” partnership that has grown as both countries face rising tension with the West. Putin’s two-day state visit to one of his strongest allies … Read more
The release of the latest regulatory document, effective from June 15, coincided with a civilian mission from the Philippines that kicked off on Wednesday to assert Manila’s claims near the contested Scarborough Shoal, also known as Panatag Shoal. Beijing and Manila both claim the China-controlled shoal – once a common fishing ground for China, the … Read more
A married Chinese woman in her early thirties, residing in Changzhou with her family, attracted attention when she invested in a secondary property for recreational purposes. Three years ago, Gong Yan purchased the apartment for 500,000 Chinese yuan ($69,000) using her personal savings. Her decision was influenced by the challenges encountered during the COVID-19 pandemic … Read more
TRANSACTIONS SLOW Trade between China and Russia has boomed since the Ukraine invasion and hit US$240 billion in 2023, according to Chinese customs figures. But after Washington vowed to go after financial institutions that facilitate Moscow, Chinese exports to Russia dipped during March and April, down from a surge early in the year. An executive … Read more
Billionaire businessman and real estate mogul Frank McCourt said he is putting together a consortium to purchase TikTok’s US business, adding to the number of investors hoping to benefit from a new federal law that requires TikTok’s China-based parent company to sell the popular platform or face a ban. The announcement, made on Wednesday, said … Read more
U.S. President Joe Biden announces increased tariffs on Chinese products to promote American investments and jobs in the Rose Garden of the White House on May 14, 2024 in Washington, DC. Win Mcnamee | Getty Images DETROIT – President Joe Biden’s plan to quadruple tariffs on China-made electric vehicles is unlikely to stave off the … Read more
A significant number of China’s highly skilled students are seeking employment as cremation workers amidst the current youth unemployment crisis in the country. Last month, the Guangzhou Civil Affairs Bureau in Guangdong province, southern China, announced online the successful candidates for jobs in crematoriums across the city. Among the selected applicants was an impressive graduate … Read more
TikTok owner ByteDance has commercially launched a batch of large language models (LLMs) – the technology behind ChatGPT and other generative artificial intelligence (GenAI) services – that costs less than those from industry rivals, a move that could spark a new price war in the world’s second-largest economy. The Doubao LLM family, which shares the … Read more
China last year issued a 12-point statement outlining general principles for ending the war — including “abandoning the Cold War mentality” and resuming peace talks — which U.S. and EU officials have dismissed as an attempt to distract from its pro-Russia stance. Xi recently expanded on his principles for achieving peace in talks with German Chancellor … Read more
