China

Typhoon Noul Makes Landfall in Guangdong, Grounding Flights and Stranding Thousands

Typhoon Noul, China's strongest storm this year, made landfall in Guangdong, cancelling flights and rail services and stranding 2,000 at Hong Kong airport.

Apollo Agrees to Buy UK Budget Airline EasyJet in £5.7 Billion Deal

US private equity firm Apollo has agreed to acquire British budget airline EasyJet for £5.7 billion (about $7.7 billion) after rival bidder Castlelake with

SoftBank Profit Falls 18% as Rising Costs Offset Gains from Intel Stake

SoftBank Group reported an 18% fall in fiscal first-quarter profit as rising costs offset an $8.2 billion gain from its Intel stake and AI investments.

Hertz Stock Surges as Pricing Strength Narrows Second-Quarter Loss

Hertz shares surged after the car rental company narrowed its second-quarter adjusted loss, boosted by stronger pricing and tighter fleet management.

Warner Bros. Discovery Posts Streaming Gains but Soft Ad Sales Weigh on Revenue

Warner Bros. Discovery posted a 10% rise in streaming revenue but missed expectations on weak ad sales, as a proposed Paramount merger looms.

Havana’s G77+China Summit: Uniting the Global South for Development Challenges

The forthcoming Group of 77 plus China (G77+China) Summit in Havana promises to be an instrumental gathering aimed at addressing the pivotal development challenges...

Tata Motors: Pioneering the Global Electric Vehicle Revolution

Tata Motors, the foremost electric car manufacturer in India, is spearheading a drive to test its electric vehicles (EVs) in select global markets. The...

Zambia’s President Hichilema Pays Tribute at Tiananmen Square: A Symbol of Enduring Friendship

On a cool Thursday morning in Beijing, an important and symbolic event unfolded that once again showcased the deep-rooted ties between the Republic of...

China’s Reserve Requirement Ratio Cut: Implications and Risks

Introduction : The People's Bank of China (PBOC) made a significant announcement on September 15, revealing its decision to reduce the reserve requirement ratio (RRR)...

Unmasking the NPU Cyberattack: China Reveals NSA’s Digital Espionage

Northwestern Polytechnical University (NPU), one of China's top aviation institutions, found itself in the crosshairs of a cyberattack in June 2022. The subsequent investigation...

China Gears Up for the 19th Asian Games in Hangzhou

Hangzhou, a city nestled in Eastern China, is soon to be teeming with over 12,500 athletes, an unprecedented number, as it gears up to...

Protecting Europe’s EV Market: French Minister Boon Supports EU’s Investigation into Chinese Subsidies

The recent announcement of an anti-subsidy investigation into Chinese electric vehicles (EVs) by the European Union Commission has garnered significant attention from the members...

Country Garden’s Debt Concerns: Stakeholders Consult Ashurst Amid Repayment Fears

In recent times, the financial sphere has been buzzing with the rumor that several holders of Country Garden's offshore bonds (2007.HK) are consulting with...

Germany Blocks China’s Bid for Satellite Startup KLEO Connect

Introduction On a recent Wednesday, the German government made a decisive move to block a full acquisition attempt by a Chinese company of the satellite...

Qinghai-Xizang Plateau: An Epitome of Ecological Harmony and Growth

The serenity and vastness of the Qinghai-Xizang Plateau stand as a testament to China's commitment to ecological conservation and high-quality development. On a recent...

Russia and China Strengthen Ties at Eastern Economic Forum

At the 8th Eastern Economic Forum (EEF) held in Vladivostok, Russia, Russian President Vladimir Putin met Chinese Vice Premier Zhang Guoqing. The Russian president...

Kim Jong-un’s Russian Visit: Strengthening Ties Amidst Western Tensions

North Korean leader Kim Jong-un's recent departure for Russia was officially announced on Tuesday by the Korean Central News Agency (KCNA). The journey to...

Chinese President Xi Jinping’s Solidarity with Morocco Post-Earthquake: A Testament to Global Unity

In the aftermath of the catastrophic earthquake that struck Morocco recently, leaders from all over the world have come forward to express their sympathy...

President Xi Jinping’s Vision for a Rejuvenated Northeast China

"Charting a New Era for Northeast China's Revitalization: A Commitment from President Xi Jinping" In a pivotal gathering in Heilongjiang Province this week, Chinese President...

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