China's Deadly Storm Killed Three as Winds Destroy ApartmentsStrong winds killed 4 and injured 12 [Photo: SHINE, English Media of Shanghai Daily] In China, three residents sleeping in an apartment died due to strong winds. According to SHINE, in Nanchang, Jiangxi Province, Eastern China, two older adults and a child fell from an apartment damaged by strong winds. All three residents died on […]
China's Fake Pro-Trump Accounts Attack Biden, Meddle in U.S. Presidential ElectionAttack on Biden after impersonating fervent Trump fanSimilar to China’s 2016 U.S. presidential election meddling Reports have emerged from foreign media that fake social media accounts, seemingly backed by the Chinese government, are posing as supporters of former President Donald Trump before launching attacks on President Joe Biden. The New York Times (NYT) reported on […]
Eight Chinese Immigrants Found Dead on Mexican ShoreMexican prosecutors presumed deaths in boat capsizingLast year, 37,000 Chinese illegally entered the U.S. According to Reuters, eight Chinese immigrants were found dead off the southern coast of Mexico. On the 1st (local time), the Oaxaca state prosecutor’s office in Mexico announced that the nationality of the eight bodies found on the beach of Playa […]
China Blasts U.S. Export Restrictions, Global Industry on EdgeU.S. Announces Revised Export Regulations on January 29“Serious Impact on Cooperation between China and Foreign Companies” China has criticized the U.S.’s semiconductor export regulations towards the country, claiming they are causing uncertainty in the global semiconductor industry. According to Reuters on the 1st (local time), He Yadong, a spokesman for the Chinese Ministry of Commerce, […]
Japan's Oldest Panda Dies of Heart Disease at 29The panda Shuang Shuang at Japan’s Kobe Oji Zoo The panda Shuang Shuang (female, born in September 1995) at Japan’s Kobe Oji Zoo passed away on the 31st of last month after suffering from severe heart failure (the most serious level of heart disease) for several years. The Panda Cooperation Agreement between China and the […]
Think Tanks From Five Countries Predict China to Overtake U.S. as World's Largest Economy by 2035Competing with the United States for global economic dominance, China is expected to surpass the U.S. GDP by around 2035. However, achieving this goal requires maintaining an annual growth rate of about 5%, with a minimum of 4%, making it challenging. On the 1st, China’s Global Times reported, according to a joint research report by […]
China's Foreign Minister Warns Europe: De-risking Against China Not in Your Best InterestWang Yi, Director of the Chinese Communist Party (CCP) Central Foreign Affairs Commission (also serving as the Foreign Minister), met with the French Foreign Minister, expressed China’s position by stating that France’s participation in the U.S.-led de-risking against China would not be in its best interest. According to the Chinese Foreign Ministry on the 1st, Wang emphasized during a […]
Illegal Chinese Boats Caught: Crackdown Ahead of Spring Fishing SeasonAs the April fishing season approaches, Chinese fishing vessels conducting illegal operations in our waters have been successively detected by the government’s joint crackdown. The Maritime Police Agency announced on the 2nd that as a result of the joint crackdown on the West Sea border waters and Jeju EEZ from the 25th to the 31st […]
North Korea's Secret Launch Plans for April - Part 3North Korea-Russia talks are possible in the first half of this year, following the Ukraine war and the success of Russian President Vladimir Putin’s fifth term. The possibility of holding them in Pyongyang as early as April is high, and the close ties between the two countries are expected to continue. Last month, the Russian […]
North Korea's Secret Launch Plans for April - Part 1The month of April, when general elections are held, is filled with the preparations for North Korea’s military parade and clandestine interactions for North Korea-Japan talks. Still, North Korea’s second reconnaissance satellite launch is also possible. Therefore, the geopolitical tension surrounding the Korean Peninsula is expected to continue. In the meantime, movements for North Korea-China […]
China Implements Voice Detectors in School Restrooms to Combat ViolenceAmidst the growing societal concern over school violence in China, some schools have installed voice detectors in CCTV blind spots, such as restrooms. These detectors are designed to detect profanity or calls for help, enabling prompt intervention. State-run Guangming Daily reported on the 1st that such detectors have been installed in schools in various regions […]
China's AI Talent is Overtaking the US: Global AI Development Trends Will Be DividedThe race for supremacy in artificial intelligence (AI), led by U.S. tech giants, is being fiercely pursued by China. Despite a gap of over a year in the development of massive AI due to U.S. sanctions on AI semiconductor exports, China is fighting back with a quantity offensive based on its large population. Although most […]
Concern Regarding Japan's 'Red Yeast' Dietary Supplement Extends to ChinaORIGINAL LINK : https://www.asiatoday.co.kr/view.php?key=20240331010018044 Kobayashi Pharmaceutical’s President Akihiro Kobayashi (second from the left) and other executives bow their heads in apology at a press conference held in Osaka on the 29th regarding the health supplement incident involving ‘Red Yeast (Hongguk)’. / Xinhua, Yonhap. The repercussions of Japan’s Kobayashi Pharmaceutical’s ‘Red Yeast (Hongguk)’ health supplement incident, […]
Xinhua Denies Speculations of Foreign Investment Decline in China [TheGuru=Hong Seong-hwan] China's state-run Xinhua News Agency has refuted speculation that foreign companies are pulling out of China. According to the Korea Institute for Foreign Economic Policy, Xinhua refuted the pullout theory in a commentary on Nov. 21, citing the increasing number of stores in China by large food and beverage companies such as KFC, McDonald's, and Starbucks, Apple's announcement of plans to invest more in the country, GE Healthcare's doubling of R&D investment in China, and AstraZeneca's announcement of a $475 million investment plan. "Foreign capital shows that China is still a fertile ground for foreign investment and business," Xinhua said, "proving that the exaggerated claims by some Western media that there are no more opportunities in the Chinese market are not true." "The State Council issued the 'Action Plan for Expanding the Attraction and Utilization of Foreign Capital through Higher Openness to the World' to expand the market access of foreign capital and increase the degree of freedom for foreign investment, demonstrating China's willingness and action to share development opportunities with the world," Xinhua said. According to the "International Balance of Payments for 2023" released by the State Administration of Foreign Exchange on March 18, foreign direct investment in China totaled $30 billion last year. That's down 82 percent from the previous year. The $27.5 billion was the lowest level since 1993, when it was recorded, Bloomberg analyzed. It's less than a tenth of the $344.1 billion in 2021, when it peaked...
China's 'Leftover Men' Problem Persists: 45 Million Single Men Remain UnmarriedThe male birth rate is overwhelmingly high as a result of the one-child policyMostly scattered in rural areas, with few opportunities to meet womenExperts argue that introducing foreign brides is a necessary evilFacing opposition, time is needed to resolve the issue China’s old bachelor population, which began to become a problem in earnest at the […]
U.S. to Release a List of Chinese Factories Subject to Export Controls for Semiconductor EquipmentAccording to a report by Reuters on the 28th (local time), the U.S. government is compiling a list of advanced semiconductor manufacturing plants in China that are subject to export controls, such as semiconductor manufacturing equipment. A source familiar with the matter told the news agency that the list could be released soon. Reuters reported […]
Yellen’s Slap at China Could Widen Economic Front: 'China Distorts EV and Solar Markets' Photo: Newsis, March 22, 2024. Janet Yellen, U.S. Secretary of the Treasury, strongly criticized China for distorting the global market with its overproduction in the electric car and solar industries before she visited China next month. This raises concerns that the economic front between the U.S. and China, limited to semiconductors, could expand to the […]
China's BYD Hits a High: Records $4 Billion Profit Amid EV Boom BYD, China's largest electric vehicle company, posted record operating profit last year. BYD's revenue last year was CNY602.15 billion (USD11.17 trillion), up 42.04% year-on-year, and operating profit was CNY30.41 billion (USD5.6 trillion), up 8 China's largest electric vehicle company BYD achieved record operating profit last year. BYD's revenue last year was CNY602.15 billion (USD11.17 trillion), an increase of 42...
China's Real Estate Struggles Deepen, Beijing Allows Home Purchases Through Sham DivorceRegulation of restricting home purchase for 3 years after divorceAttempting to encourage purchases by quietly abolishingChina’s January-February new home sales were 12.7% lower than in at the time of the pandemic China mired in a real estate slump and quietly removed a regulation that banned the purchase of new homes for three years after a […]
China’s Influence Grows in Sri Lanka with Promises of Debt RestructuringPromises debt restructuring and development assistanceChinese Premier Li Qiang meets with Sri Lankan Prime MinisterSri Lanka declared sovereign default in 2022 China has pledged to continue supporting debt restructuring in Sri Lanka and aiding in developing airports and sea ports in the country, where it is currently competing with India for influence. This decision shows […]
China's Deadly Storm Killed Three as Winds Destroy Apartments Strong winds killed 4 and injured 12 [Photo: SHINE, English Media of Shanghai Daily] In China, three residents sleeping in an apartment died due to strong winds. According to SHINE, in Nanchang, Jiangxi Province, Eastern China, two older adults and a child fell from an apartment damaged by strong winds. All three residents died on […]
China's Fake Pro-Trump Accounts Attack Biden, Meddle in U.S. Presidential Election Attack on Biden after impersonating fervent Trump fanSimilar to China’s 2016 U.S. presidential election meddling Reports have emerged from foreign media that fake social media accounts, seemingly backed by the Chinese government, are posing as supporters of former President Donald Trump before launching attacks on President Joe Biden. The New York Times (NYT) reported on […]
Eight Chinese Immigrants Found Dead on Mexican Shore Mexican prosecutors presumed deaths in boat capsizingLast year, 37,000 Chinese illegally entered the U.S. According to Reuters, eight Chinese immigrants were found dead off the southern coast of Mexico. On the 1st (local time), the Oaxaca state prosecutor’s office in Mexico announced that the nationality of the eight bodies found on the beach of Playa […]
China Blasts U.S. Export Restrictions, Global Industry on Edge U.S. Announces Revised Export Regulations on January 29“Serious Impact on Cooperation between China and Foreign Companies” China has criticized the U.S.’s semiconductor export regulations towards the country, claiming they are causing uncertainty in the global semiconductor industry. According to Reuters on the 1st (local time), He Yadong, a spokesman for the Chinese Ministry of Commerce, […]
Japan's Oldest Panda Dies of Heart Disease at 29 The panda Shuang Shuang at Japan’s Kobe Oji Zoo The panda Shuang Shuang (female, born in September 1995) at Japan’s Kobe Oji Zoo passed away on the 31st of last month after suffering from severe heart failure (the most serious level of heart disease) for several years. The Panda Cooperation Agreement between China and the […]
Think Tanks From Five Countries Predict China to Overtake U.S. as World's Largest Economy by 2035 Competing with the United States for global economic dominance, China is expected to surpass the U.S. GDP by around 2035. However, achieving this goal requires maintaining an annual growth rate of about 5%, with a minimum of 4%, making it challenging. On the 1st, China’s Global Times reported, according to a joint research report by […]
China's Foreign Minister Warns Europe: De-risking Against China Not in Your Best Interest Wang Yi, Director of the Chinese Communist Party (CCP) Central Foreign Affairs Commission (also serving as the Foreign Minister), met with the French Foreign Minister, expressed China’s position by stating that France’s participation in the U.S.-led de-risking against China would not be in its best interest. According to the Chinese Foreign Ministry on the 1st, Wang emphasized during a […]
Illegal Chinese Boats Caught: Crackdown Ahead of Spring Fishing Season As the April fishing season approaches, Chinese fishing vessels conducting illegal operations in our waters have been successively detected by the government’s joint crackdown. The Maritime Police Agency announced on the 2nd that as a result of the joint crackdown on the West Sea border waters and Jeju EEZ from the 25th to the 31st […]
North Korea's Secret Launch Plans for April - Part 3 North Korea-Russia talks are possible in the first half of this year, following the Ukraine war and the success of Russian President Vladimir Putin’s fifth term. The possibility of holding them in Pyongyang as early as April is high, and the close ties between the two countries are expected to continue. Last month, the Russian […]
China Implements Voice Detectors in School Restrooms to Combat Violence Amidst the growing societal concern over school violence in China, some schools have installed voice detectors in CCTV blind spots, such as restrooms. These detectors are designed to detect profanity or calls for help, enabling prompt intervention. State-run Guangming Daily reported on the 1st that such detectors have been installed in schools in various regions […]
China's AI Talent is Overtaking the US: Global AI Development Trends Will Be Divided The race for supremacy in artificial intelligence (AI), led by U.S. tech giants, is being fiercely pursued by China. Despite a gap of over a year in the development of massive AI due to U.S. sanctions on AI semiconductor exports, China is fighting back with a quantity offensive based on its large population. Although most […]
Concern Regarding Japan's 'Red Yeast' Dietary Supplement Extends to China ORIGINAL LINK : https://www.asiatoday.co.kr/view.php?key=20240331010018044 Kobayashi Pharmaceutical’s President Akihiro Kobayashi (second from the left) and other executives bow their heads in apology at a press conference held in Osaka on the 29th regarding the health supplement incident involving ‘Red Yeast (Hongguk)’. / Xinhua, Yonhap. The repercussions of Japan’s Kobayashi Pharmaceutical’s ‘Red Yeast (Hongguk)’ health supplement incident, […]
Xinhua Denies Speculations of Foreign Investment Decline in China [TheGuru=Hong Seong-hwan] China's state-run Xinhua News Agency has refuted speculation that foreign companies are pulling out of China. According to the Korea Institute for Foreign Economic Policy, Xinhua refuted the pullout theory in a commentary on Nov. 21, citing the increasing number of stores in China by large food and beverage companies such as KFC, McDonald's, and Starbucks, Apple's announcement of plans to invest more in the country, GE Healthcare's doubling of R&D investment in China, and AstraZeneca's announcement of a $475 million investment plan. "Foreign capital shows that China is still a fertile ground for foreign investment and business," Xinhua said, "proving that the exaggerated claims by some Western media that there are no more opportunities in the Chinese market are not true." "The State Council issued the 'Action Plan for Expanding the Attraction and Utilization of Foreign Capital through Higher Openness to the World' to expand the market access of foreign capital and increase the degree of freedom for foreign investment, demonstrating China's willingness and action to share development opportunities with the world," Xinhua said. According to the "International Balance of Payments for 2023" released by the State Administration of Foreign Exchange on March 18, foreign direct investment in China totaled $30 billion last year. That's down 82 percent from the previous year. The $27.5 billion was the lowest level since 1993, when it was recorded, Bloomberg analyzed. It's less than a tenth of the $344.1 billion in 2021, when it peaked...
China's 'Leftover Men' Problem Persists: 45 Million Single Men Remain Unmarried The male birth rate is overwhelmingly high as a result of the one-child policyMostly scattered in rural areas, with few opportunities to meet womenExperts argue that introducing foreign brides is a necessary evilFacing opposition, time is needed to resolve the issue China’s old bachelor population, which began to become a problem in earnest at the […]
U.S. to Release a List of Chinese Factories Subject to Export Controls for Semiconductor Equipment According to a report by Reuters on the 28th (local time), the U.S. government is compiling a list of advanced semiconductor manufacturing plants in China that are subject to export controls, such as semiconductor manufacturing equipment. A source familiar with the matter told the news agency that the list could be released soon. Reuters reported […]
Yellen’s Slap at China Could Widen Economic Front: 'China Distorts EV and Solar Markets' Photo: Newsis, March 22, 2024. Janet Yellen, U.S. Secretary of the Treasury, strongly criticized China for distorting the global market with its overproduction in the electric car and solar industries before she visited China next month. This raises concerns that the economic front between the U.S. and China, limited to semiconductors, could expand to the […]
China's BYD Hits a High: Records $4 Billion Profit Amid EV Boom BYD, China's largest electric vehicle company, posted record operating profit last year. BYD's revenue last year was CNY602.15 billion (USD11.17 trillion), up 42.04% year-on-year, and operating profit was CNY30.41 billion (USD5.6 trillion), up 8 China's largest electric vehicle company BYD achieved record operating profit last year. BYD's revenue last year was CNY602.15 billion (USD11.17 trillion), an increase of 42...
China's Real Estate Struggles Deepen, Beijing Allows Home Purchases Through Sham Divorce Regulation of restricting home purchase for 3 years after divorceAttempting to encourage purchases by quietly abolishingChina’s January-February new home sales were 12.7% lower than in at the time of the pandemic China mired in a real estate slump and quietly removed a regulation that banned the purchase of new homes for three years after a […]
China’s Influence Grows in Sri Lanka with Promises of Debt Restructuring Promises debt restructuring and development assistanceChinese Premier Li Qiang meets with Sri Lankan Prime MinisterSri Lanka declared sovereign default in 2022 China has pledged to continue supporting debt restructuring in Sri Lanka and aiding in developing airports and sea ports in the country, where it is currently competing with India for influence. This decision shows […]
Hot Topics