A record summer downpour in China’s central province of Hubei dumped more than a month’s worth of rain in just 12 hours on the city of Xianfeng, prompting authorities on Tuesday to move 18,000 people …
Heavy floods in China kill at least 9 and displace tens of thousands
BEIJING — Heavy flooding in central and southern China has killed at least nine people with and displaced tens of thousands as more rainfall was forecast on the way, state media reported Tuesday …
China’s answer to Starbucks launches first stores in US
Luckin Coffee was founded in 2017 and is based in Xiamen, China. Since its inception, the company has expanded to over 20,000 locations across Singapore, Malaysia and China, where it unseated …
China Sanctions Former Philippine Senator as Tensions Swell
China has sanctioned former Philippine Senator Francis Tolentino, prohibiting him from entering mainland China, Hong Kong and Macau, in a rare move as tensions with Manila rise.Most Read from …
South Korea wealth fund to boost bets on AI startups, eyes China tech
SEOUL] South Korea’s sovereign wealth fund plans to increase allocations to tech startups and venture capital funds (VCs) as part of its broader push to deepen exposure to artificial intelligence (AI) …
Rare Earth Magnet Users Jolted Into Paying Premium Prices for Ex-China Supply
Automakers are willing to pay more to guarantee ex-China supplies, but they are also in the midst of an EV price war that has left them with razor-thin margins, and will still be queasy at what they …
China’s top leaders vow crackdown on price wars as deflation risks mount
China’s top leaders pledged on Tuesday to step up regulation of aggressive price-cutting by Chinese companies, state news agency Xinhua reported, as the world’s second-biggest economy struggles to …
China sanctions former Philippine senator on maritime claims
China sanctioned former Philippine senator Francis Tolentino on Tuesday and barred him entry, citing “egregious conduct” on matters such as the disputed South China Sea a day after the end of his …
China’s market regulator approves ANA’s takeover of Nippon Cargo with conditions
China’s market regulator said on Tuesday it has approved All Nippon Airways’ (ANA) acquisition of Nippon Cargo Airlines (NCA) with conditions, including a set of binding commitments to preserve fair …
China Reveals Details of Dual Aircraft Carrier Operations in West Pacific
The Chinese navy said the two aircraft carriers conducted drills in the western Pacific that enhanced their combat capabilities.