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China
Global billionaire wealth surges by $2T, fueled by US gains
The wealth held by the world's billionaires jumped by US$2 trillion, or about 17%, over the past year, according to Swiss bank UBS.
Property developer Agile’s chairman loses $16M over Hong Kong luxury flat fire sales
China finds $83B worth of gold reserves in Hunan
Luckin Coffee: from filing for bankruptcy to outselling Starbucks in China
Luckin Coffee filed for bankruptcy protection in the U.S. in 2021, but it took just a few years to recover and even dethrone Starbucks as China’s leading coffee chain.
November 23, 2024 | 04:43 pm PT
China expands visa-free access to Japan, Bulgaria and other countries
China will expand its visa-free arrangements to include Japan, Bulgaria, Romania, Croatia, Montenegro and other countries, effective from Nov. 30, 2024, to Dec. 31, 2025, a foreign ministry spokesperson said on Friday.
November 22, 2024 | 01:58 am PT
Fruit, vegetable exports soar 27%
Exports of fruits and vegetables were worth an estimated US$6.6 billion in the first 11 months of 2024, a 27% increase from a year earlier.
November 21, 2024 | 07:57 pm PT
Shrimp exports surge 13% in 10 months
Vietnam’s shrimp exports soared by 13% year-on-year to US$3.2 billion in the first 10 months of 2024.
November 20, 2024 | 09:08 pm PT
China’s tycoons sell luxury Hong Kong homes at steep discounts
Some wealthy Chinese have been selling their high-end homes in Hong Kong, one of the world’s most expensive luxury property markets, at fire sale prices this year.
November 19, 2024 | 03:32 pm PT
China surpasses Japan in number of auto brands in Vietnam
For the first time, the number of Chinese auto brands has surpassed Japanese brands in Vietnam this year, though Japan continues to lead in market share.
November 17, 2024 | 03:32 pm PT
8 dead, 17 hurt, in China school knife attack: police
Eight people were killed and 17 others wounded Saturday in a knife attack at a vocational school in eastern China, and the suspect -- a former student -- has been arrested, police said.
November 16, 2024 | 07:59 pm PT
Make new friends and boost hiring: How China's chip industry plans to deal with Trump
China's semiconductor industry is readying itself for four more combative years under Donald Trump as U.S. president by ramping up purchases of foreign chipmaking equipment and looking out for opportunities to hire overseas talent and forge new alliances.
November 10, 2024 | 11:46 pm PT
Vietnam, China issue joint statement
Vietnam and China issued a joint statement on the occasion of Chinese Premier Li Qiang's official visit to the neighbouring country on Oct. 12-14 at the invitation of Prime Minister Pham Minh Chinh, agreeing to promote relations to new heights and strengthen strategic development connections.
October 14, 2024 | 03:17 pm PT
Top leader welcomes Chinese Premier in Hanoi
General Secretary of the Communist Party of Vietnam Central Committee and State President To Lam on Saturday night met with Chinese Premier Li Qiang, who is on a three-day official visit to Vietnam.
October 12, 2024 | 03:45 pm PT
Shanghai knife attack kills three, wounds 15 others, Xinhua reports
Three people were killed and 15 others injured in a knife attack at a supermarket in Shanghai on Sept. 30, state-run Xinhua news agency reported, extending a series of stabbing incidents across China in 2024.
September 30, 2024 | 08:08 pm PT
China launches direct route from Shanghai to Venice
A regular flight connecting Shanghai, China's financial hub, with Venice, Italy's renowned tourist destination, was launched on Thursday, marking the first-ever direct route between the two cities amid increasing travel demand.
September 26, 2024 | 07:11 pm PT
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