Scrubber Particles Found in Chinese MooncakesThe Korean Food and Drug Administration has ordered a halt in sales after discovering scrubber particles in Chinese mooncakes sold in the market. The Ministry of Food and Drug Safety announced on the 1st that they are halting sales and recalling some of the Chinese mooncakes imported and sold by Yoon Foods. According to the […]
China's Elite Move to Japan: Dissatisfied with Regime, Wealthy Individuals Seek New LifeA 45-year-old Chinese man who once ran a metal trading business in China and relocated to Tokyo, Japan, in March. He changed his name to Tomo Hayashi and brought his family to Japan. Hayashi resides in a high-end coastal condo worth $650,000 and sends his two sons to a Japanese elementary school. Like Hayashi, it […]
Driving the Future: Volkswagen's Bold Move into China's Electric Car MarketAmid the rapid growth of electric vehicles (EV) in China, global automakers are investing in Chinese companies receiving technology in reverse. Overseas automakers were forced to establish a joint venture (JV) to enter China and were concerned about technology theft, so they sought help from local firms to tap into the world’s largest EV market. […]
Navigating the Regulatory Storm: Chinese Companies Opt for Hong Kong IPOsMany companies choose to go public in Hong Kong as a solution to the inactive Chinese stock market, as authorities tighten regulations and raise the Initial Public Offering (IPO) threshold. Expectations are rising that the stagnant Hong Kong IPO market will recover, but experts are cautious, fearing the flock of less competitive companies to the […]
Chinese Couple in Their 80s Marry College Sweethearts After Decades ApartA Chinese couple in their 80s who once were college sweethearts has become a hot topic on Chinese social media by reuniting and marrying after decades of separation. Photo=SCMP capture An 80s Chinese man has made headlines after reuniting and marrying his college sweetheart, a fellow Peking University alum, after decades apart. After their wedding […]
Qualcomm's Bright Outlook: Smartphone Market on the RiseQualcomm, the world’s largest smartphone processor manufacturer, has announced that the smartphone market, which had been sluggish for a while, is recovering due to Chinese demand. It’s observed that the demand for premium phones equipped with Artificial Intelligence (AI) features is increasing among Chinese consumers. According to Reuters on the 1st of May (local time), […]
U.S.-China Tensions Rise as Nuclear Arms Control Talks StallA nuclear submarine was spotted at China’s international fleet review. EPA-Yonhap News It has been reported that China has rejected the United States proposal for follow-up nuclear arms control talks. According to the U.S. online media Semafor on the 2nd, “Unfortunately, China has refused our follow-up talks and has not provided a substantive response to […]
Tesla's Decision to Shut Down Supercharger Department Sends ShockwavesOn the 24th of last month, Tesla vehicles were sighted charging at a Supercharger station in Fremont, California. Fremont (USA)/AFP-Yonhap News Tesla faces a wave of reductions, particularly in the battery charging sector, a core part of its electric vehicle business. This move has left the industry in a state of confusion. According to the […]
Differences in China's Approach Strategy Between US and EUChina is attracting attention for its dual strategy in response to the oversupply issues raised by the United States and the European Union (EU). While it has announced the introduction of new tariff laws to counteract the high tariff measures of the West, it is sending love calls to the EU, with Chinese President Xi […]
Rise of 'Emotional Theft': How Chinese Youth Are Redefining PrivacyA recent phenomenon called “tou gan” or “emotional theft” is emerging among young Chinese (Gen Z), who keep their private lives hidden from even parents and friends, as reported by the South China Morning Post (SCMP) on the 30th of last month. According to SCMP, Tou gan in Chinese means emotional theft. These individuals create […]
China's Highway Tragedy: A Deadly Start to Labor Day HolidayA highway in Guangdong Province, China, has collapsed, resulting in numerous casualties. [Photo= Yonhap News·China’s Xinhua social media] On the first day of China’s Labor Day holiday, a highway in Guangdong Province collapsed, causing numerous casualties. China Central Television (CCTV), a Chinese state-run media, reported on May 1 (local time) that a highway in Guangdong […]
China's New Power Play: Third Aircraft Carrier Hits the SeasChina’s third aircraft carrier, the Fujian, embarked on its maiden voyage on the 1st. After several more test voyages, China plans to field the Fujian within a year. According to Xinhua News Agency and other sources, the Fujian departed from the Jiangnan Shipyard in Shanghai around 8 a.m. local time. Since its launch in June […]
Elon Musk's China Gamble: Tesla's FSD Launch Sparks Stock Surge and SkepticismThe automotive industry and investors are focusing on news that U.S. electric car manufacturer Tesla has secured a basis for launching its Full Self-Driving (FSD) software in China. On April 29th, Tesla’s stock price closed at $194.05 per share, a 15.31% increase from the previous trading day. This is the most significant increase since March […]
Nickel Showdown: U.S. and Philippines vs. ChinaThe United States and the Philippines are pushing for an alliance to prevent China’s monopoly in the nickel market, a crucial mineral. Bloomberg reported on the 1st (local time) that the United States and the Philippines are discussing ways to counter China in the nickel refining sector, quoting an anonymous source. The source said, “One […]
Mexico Rises as the New Manufacturing PowerhouseAs the Biden administration accelerates the decoupling from the Chinese supply chain, Mexico is rapidly emerging as a new global manufacturing hub to replace China. The manufacturing boom is happening in major cities in Mexico as foreign investments targeting the U.S. market continue, and the value of the Mexican peso is also on the rise. […]
China Welcomes Korean Companies' Investment Expansion: SK Group's CommitmentAccording to Xinhua News Agency, a Chinese state-run media, Chey Tae-won, chairman of SK Group, met with He Lifeng, Chinese Vice Premier He Lifeng, on the 29th and promised to continue investing in China. Chey, who also serves as chairman of the Korean Chamber of Commerce and Industry, met with He, who was considered to […]
Nanny in China Abuses Infant and Refuses to ApologizeScreenshot from China Network A troubling case of child abuse has surfaced in Hunan, China, where a nanny was caught on video mistreating an 8-month-old baby. According to a report from China Network on the 30th, a video released by the baby’s family shows the nanny suddenly picking up the baby and forcefully throwing the […]
Electric Car Crash in China Claims 3 LivesElectric vehicle collision accident scene. Social media capture An accident occurred on a highway in China when an electric vehicle collided with a truck ahead, resulting in the death of all three passengers. Allegations have surfaced that the vehicle’s doors did not open, and the airbags did not deploy during this incident. According to the […]
Hildegard Müller Warns Against Trade Barriers with ChinaAccording to an interview article by China Daily on April 29, 2024, Hildegard Müller, the president of the German Association of the Automotive Industry (VDA), has stated that the European Union’s actions against Chinese electric vehicles, such as additional tariffs, will not resolve the challenges faced by the European automotive industry. The VDA did not […]
Elon Musk and Chinese Premier Li Qiang Discuss Tesla's Bright Future in ChinaAs reported by China Daily, Tesla CEO Elon Musk met with Chinese Premier Li Qiang on April 28, 2024, during the 2024 Auto China Convention. Premier Li stated that Tesla’s growth in China is a successful example of trade cooperation between the U.S. and China. He expressed his hope for continued collaboration in the same […]
Scrubber Particles Found in Chinese Mooncakes The Korean Food and Drug Administration has ordered a halt in sales after discovering scrubber particles in Chinese mooncakes sold in the market. The Ministry of Food and Drug Safety announced on the 1st that they are halting sales and recalling some of the Chinese mooncakes imported and sold by Yoon Foods. According to the […]
China's Elite Move to Japan: Dissatisfied with Regime, Wealthy Individuals Seek New Life A 45-year-old Chinese man who once ran a metal trading business in China and relocated to Tokyo, Japan, in March. He changed his name to Tomo Hayashi and brought his family to Japan. Hayashi resides in a high-end coastal condo worth $650,000 and sends his two sons to a Japanese elementary school. Like Hayashi, it […]
Driving the Future: Volkswagen's Bold Move into China's Electric Car Market Amid the rapid growth of electric vehicles (EV) in China, global automakers are investing in Chinese companies receiving technology in reverse. Overseas automakers were forced to establish a joint venture (JV) to enter China and were concerned about technology theft, so they sought help from local firms to tap into the world’s largest EV market. […]
Navigating the Regulatory Storm: Chinese Companies Opt for Hong Kong IPOs Many companies choose to go public in Hong Kong as a solution to the inactive Chinese stock market, as authorities tighten regulations and raise the Initial Public Offering (IPO) threshold. Expectations are rising that the stagnant Hong Kong IPO market will recover, but experts are cautious, fearing the flock of less competitive companies to the […]
Chinese Couple in Their 80s Marry College Sweethearts After Decades Apart A Chinese couple in their 80s who once were college sweethearts has become a hot topic on Chinese social media by reuniting and marrying after decades of separation. Photo=SCMP capture An 80s Chinese man has made headlines after reuniting and marrying his college sweetheart, a fellow Peking University alum, after decades apart. After their wedding […]
Qualcomm's Bright Outlook: Smartphone Market on the Rise Qualcomm, the world’s largest smartphone processor manufacturer, has announced that the smartphone market, which had been sluggish for a while, is recovering due to Chinese demand. It’s observed that the demand for premium phones equipped with Artificial Intelligence (AI) features is increasing among Chinese consumers. According to Reuters on the 1st of May (local time), […]
U.S.-China Tensions Rise as Nuclear Arms Control Talks Stall A nuclear submarine was spotted at China’s international fleet review. EPA-Yonhap News It has been reported that China has rejected the United States proposal for follow-up nuclear arms control talks. According to the U.S. online media Semafor on the 2nd, “Unfortunately, China has refused our follow-up talks and has not provided a substantive response to […]
Tesla's Decision to Shut Down Supercharger Department Sends Shockwaves On the 24th of last month, Tesla vehicles were sighted charging at a Supercharger station in Fremont, California. Fremont (USA)/AFP-Yonhap News Tesla faces a wave of reductions, particularly in the battery charging sector, a core part of its electric vehicle business. This move has left the industry in a state of confusion. According to the […]
Differences in China's Approach Strategy Between US and EU China is attracting attention for its dual strategy in response to the oversupply issues raised by the United States and the European Union (EU). While it has announced the introduction of new tariff laws to counteract the high tariff measures of the West, it is sending love calls to the EU, with Chinese President Xi […]
Rise of 'Emotional Theft': How Chinese Youth Are Redefining Privacy A recent phenomenon called “tou gan” or “emotional theft” is emerging among young Chinese (Gen Z), who keep their private lives hidden from even parents and friends, as reported by the South China Morning Post (SCMP) on the 30th of last month. According to SCMP, Tou gan in Chinese means emotional theft. These individuals create […]
China's Highway Tragedy: A Deadly Start to Labor Day Holiday A highway in Guangdong Province, China, has collapsed, resulting in numerous casualties. [Photo= Yonhap News·China’s Xinhua social media] On the first day of China’s Labor Day holiday, a highway in Guangdong Province collapsed, causing numerous casualties. China Central Television (CCTV), a Chinese state-run media, reported on May 1 (local time) that a highway in Guangdong […]
China's New Power Play: Third Aircraft Carrier Hits the Seas China’s third aircraft carrier, the Fujian, embarked on its maiden voyage on the 1st. After several more test voyages, China plans to field the Fujian within a year. According to Xinhua News Agency and other sources, the Fujian departed from the Jiangnan Shipyard in Shanghai around 8 a.m. local time. Since its launch in June […]
Elon Musk's China Gamble: Tesla's FSD Launch Sparks Stock Surge and Skepticism The automotive industry and investors are focusing on news that U.S. electric car manufacturer Tesla has secured a basis for launching its Full Self-Driving (FSD) software in China. On April 29th, Tesla’s stock price closed at $194.05 per share, a 15.31% increase from the previous trading day. This is the most significant increase since March […]
Nickel Showdown: U.S. and Philippines vs. China The United States and the Philippines are pushing for an alliance to prevent China’s monopoly in the nickel market, a crucial mineral. Bloomberg reported on the 1st (local time) that the United States and the Philippines are discussing ways to counter China in the nickel refining sector, quoting an anonymous source. The source said, “One […]
Mexico Rises as the New Manufacturing Powerhouse As the Biden administration accelerates the decoupling from the Chinese supply chain, Mexico is rapidly emerging as a new global manufacturing hub to replace China. The manufacturing boom is happening in major cities in Mexico as foreign investments targeting the U.S. market continue, and the value of the Mexican peso is also on the rise. […]
China Welcomes Korean Companies' Investment Expansion: SK Group's Commitment According to Xinhua News Agency, a Chinese state-run media, Chey Tae-won, chairman of SK Group, met with He Lifeng, Chinese Vice Premier He Lifeng, on the 29th and promised to continue investing in China. Chey, who also serves as chairman of the Korean Chamber of Commerce and Industry, met with He, who was considered to […]
Nanny in China Abuses Infant and Refuses to Apologize Screenshot from China Network A troubling case of child abuse has surfaced in Hunan, China, where a nanny was caught on video mistreating an 8-month-old baby. According to a report from China Network on the 30th, a video released by the baby’s family shows the nanny suddenly picking up the baby and forcefully throwing the […]
Electric Car Crash in China Claims 3 Lives Electric vehicle collision accident scene. Social media capture An accident occurred on a highway in China when an electric vehicle collided with a truck ahead, resulting in the death of all three passengers. Allegations have surfaced that the vehicle’s doors did not open, and the airbags did not deploy during this incident. According to the […]
Hildegard Müller Warns Against Trade Barriers with China According to an interview article by China Daily on April 29, 2024, Hildegard Müller, the president of the German Association of the Automotive Industry (VDA), has stated that the European Union’s actions against Chinese electric vehicles, such as additional tariffs, will not resolve the challenges faced by the European automotive industry. The VDA did not […]
Elon Musk and Chinese Premier Li Qiang Discuss Tesla's Bright Future in China As reported by China Daily, Tesla CEO Elon Musk met with Chinese Premier Li Qiang on April 28, 2024, during the 2024 Auto China Convention. Premier Li stated that Tesla’s growth in China is a successful example of trade cooperation between the U.S. and China. He expressed his hope for continued collaboration in the same […]
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