Tags: China

Xi Jinping's 'Common Prosperity' Plan Forces Hong Kong Employees to Return Their Work Bonuses

Xi Jinping's 'Common Prosperity' Plan Forces Hong Kong Employees to Return Their Work Bonuses

Chinese state-backed financial companies in Hong Kong demand employees to return portions of their bonuses, aligning with President Xi Jinping’s ‘common prosperity’ plan to reduce income inequality.


Chinese Carbon Tech Firm XDS Invests on Mark Cavendish’s Cycling Team Astana Qazaqstan

Chinese carbon bicycle technology manufacturer XDS confirmed Monday (July 15) that it will invest in the professional cycling team Astana Qazaqstan.

Baidu’s Robotaxi Silver Lining: Taxi Innovation Brings Convenience But a Threat to Traditional Ride-Hailing Taxi Job Security

China's push to implement robotaxis gains favor from the public but sparks job security concerns among traditional taxi drivers, especially with Baidu's plan to expand its fully driverless fleet in major cities.

US Sanctions Are Compromising Russian Imports of Chinese Cars

US sanctions have created obstacles for Russian imports of Chinese cars. US sanctions have created obstacles for Russian imports of Chinese cars, which have been crucial for the domestic market in recent years.


Latest News

Microsoft Faces Backlash Over iPhone-Only Policy That Bans China Staff from Using Android Phones
In China, Microsoft employees were banned from using Android phones and were forced to use iPhones only as a device, sparking social media backlash due to overreliance on foreign technologies.
China's BYD Plans to Construct $1 Billion EV Factory in Turkey
China-based BYD has committed to constructing a $1 billion assembly plant for electric vehicles (EVs) in Turkey.
Chinese Woman Returns $310,000 Mistakenly Transferred Through Alipay
In China, a woman named Wang from Xuchang, Henan, returned 2.26 million yuan ($310,000) mistakenly transferred to her via Alipay, despite initial suspicions of a scam.
NATO Supports to Reroute Internet from Undersea Cables to Space
NATO’s Science for Peace and Security Program approved an over $400,000 grant to the HEIST research program aimed at keeping the internet running in the event that underwater cables get sabotaged.
electric cars
European tariffs have reportedly slowed China's electric and plug-in hybrid vehicle export growth by 20-30% in recent months.
China's Hyper-Realistic Silicone Masks Raise Legal Concerns for Bypassing Facial Recognition
Hyper-realistic silicone masks in China, which can transform wearers into anyone, including celebrities, are found to bypass facial recognition, raising concerns about misuse and legal risks.
Tesla Makes Debut on Chinese Government Procurement List, a First for Foreign EV Brands
Tesla has achieved a milestone as the first foreign-owned electric vehicle brand to be included in a Chinese government procurement list.
TURKEY-INDUSTRY-AUTOMOTIVE-TOGG-T10X
Chinese automaker GAC is in talks with Turkey's TOGG for potential joint EV production ventures, a potential bilateral cooperation in both countries' automotive sectors.
CHINA-US-AUTO-TESLA-TRADE
Tesla's Model Y is now included on a Chinese government purchase list, making it the first foreign-owned electric vehicle brand approved for procurement by Jiangsu province.
Philippines Demands $1 Million Payment from China over June 17 Incident
The Philippines demanded a payment worth $1 million in damages from China following an altercation in the South China Sea on June 17.
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