Philippines wealth fund buys into Beijing-backed power grid, amid South China Sea tensions
The Philippines’ sovereign wealth fund Maharlika Investment Corp is buying a 20 per cent stake in the operator of the country’s power grid, the...
Top Chinese memory chip maker YMTC makes another design breakthrough, defying US sanctions
Yangtze Memory Technologies Corporation (YMTC), China’s leading flash memory chip manufacturer, has achieved a significant technological breakthrough despite US sanctions, amid Beijing’s push for...
Trump’s America will be forced to grapple with a rising Brics
The year is shaping up to be one of shake-ups in global geopolitics and power. Donald Trump has assumed the US presidency for a...
Indonesian court’s acquittal of Chinese national in gold mining case sparks anger
A decision by a court in the Indonesian province of West Kalimantan to acquit a Chinese national accused of illegally mining tens of millions...
Ukraine war: Zelensky replaces troop commander after Russia captures another town
Ukrainian President Volodymyr Zelensky replaced the commander of the eastern front, the most heated battlefield of the Ukraine war, after Russian forces captured another...
Vanke’s No. 1 investor installs chairman in ailing developer to guide its way out of debt
Embattled builder China Vanke, once the second-largest Chinese developer by sales, reshuffled its management while forecasting a record US$6.2 billion net loss for 2024...
Face Lost! Global Backlash Against Chinese Tourists for Poor Behavior, Shocking Reasons Revealed
A travel agency manager shared a story about a manager of a Chinese state-owned enterprise who embarrassed everyone abroad just because he wanted to...
Xi Jinping puts focus on defusing economic risks in Lunar New Year message
Chinese President Xi Jinping called for renewed efforts to counter economic risks and “external shocks” in his Lunar New Year message on Monday, as...
‘That’s my life,’ says Japanese rickshaw puller at the end of 6,400km trek to South Africa
A 34-year-old Japanese man has arrived in Cape Town, ending a journey of more than 6,000 kilometres (3,700 miles) pulling a rickshaw from Kenya...