Ethan Zhao
Senior Reporter
The Latest
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China's Property Rescue Measures Fall Short, Leaving Market in Limbo
Despite being hailed as "historic" steps, the efforts appeared insufficient to instill confidence and drive a sustainable recovery in the market. The Hang Seng Mainland Properties Index dipped 0.7%, erasing some of the gains accrued earlier in the month following the Politburo's pledge to coordinate efforts to reduce housing inventory. Despite being hailed as "historic" steps, the efforts appeared insufficient to instill confidence and drive a sustainable recovery in the market. The Hang Seng Mainland Properties Index dipped 0.7%, erasing some of the gains accrued earlier in the month following the Politburo's pledge to coordinate efforts to reduce housing inventory. -
Taiwan's New President Calls for Peace, Urges Beijing to End Military Threats
Taiwan's new president, Lai Ching-te, has called on China to cease its political and military intimidation against the island and to engage in dialogue rather than confrontation. Sworn in on Monday, Lai emphasized Taiwan's unwavering commitment to democracy and freedom, stating that there can be no concessions on these core values. Taiwan's new president, Lai Ching-te, has called on China to cease its political and military intimidation against the island and to engage in dialogue rather than confrontation. Sworn in on Monday, Lai emphasized Taiwan's unwavering commitment to democracy and freedom, stating that there can be no concessions on these core values. -
China Unveils 1 Trillion Yuan Rescue Package for Crisis-Hit Property Sector
China has announced a comprehensive rescue package for its crisis-stricken property sector, with the central bank facilitating 1 trillion yuan ($138 billion) in extra funding and easing mortgage rules, while local governments are set to buy "some" unsold apartments. China has announced a comprehensive rescue package for its crisis-stricken property sector, with the central bank facilitating 1 trillion yuan ($138 billion) in extra funding and easing mortgage rules, while local governments are set to buy "some" unsold apartments. -
Putin and Xi Reaffirm 'No-Limits' Partnership as Russia Launches New Ukraine Offensive
Russian President Vladimir Putin and Chinese leader Xi Jinping pledged to deepen their "no-limits" partnership during a Beijing summit on Thursday, as both countries face growing tensions with the United States and its allies. The largely symbolic visit, which coincided with Russia's new offensive in northeast Ukraine's Kharkiv region, underscored the strengthening ties between Moscow and Beijing in the face of Western pressure. Russian President Vladimir Putin and Chinese leader Xi Jinping pledged to deepen their "no-limits" partnership during a Beijing summit on Thursday, as both countries face growing tensions with the United States and its allies. The largely symbolic visit, which coincided with Russia's new offensive in northeast Ukraine's Kharkiv region, underscored the strengthening ties between Moscow and Beijing in the face of Western pressure. -
China Accuses U.S. of "Bullying" as Biden Announces $18 Billion in Tariff Hikes
The Biden administration has announced plans to significantly increase tariffs on a range of Chinese imports, a move that has elicited sharp criticism from Beijing and promises of retaliation. The Biden administration has announced plans to significantly increase tariffs on a range of Chinese imports, a move that has elicited sharp criticism from Beijing and promises of retaliation. -
China Reasserts Sovereignty as Filipino Fishermen Challenge Claims in Disputed Reef
Filipino fishermen and activists sailed to the contested Scarborough Shoal in the South China Sea, challenging China's assertions of sovereignty over the disputed area. This move comes amidst heightened tensions and increasing confrontations between the Philippines and China over territorial claims. Filipino fishermen and activists sailed to the contested Scarborough Shoal in the South China Sea, challenging China's assertions of sovereignty over the disputed area. This move comes amidst heightened tensions and increasing confrontations between the Philippines and China over territorial claims. -
China Vows Retaliation as Biden Increases Tariffs on Chinese Imports
U.S. President Joe Biden announced substantial increases in tariffs on a range of Chinese imports. The new tariffs, unveiled on Tuesday, target $18 billion worth of goods including electric vehicles (EVs), semiconductors, and medical products. China responded swiftly and strongly to the new measures. U.S. President Joe Biden announced substantial increases in tariffs on a range of Chinese imports. The new tariffs, unveiled on Tuesday, target $18 billion worth of goods including electric vehicles (EVs), semiconductors, and medical products. China responded swiftly and strongly to the new measures. -
Biden Imposes Hefty Tariffs on Chinese Imports to Bolster U.S. Manufacturing
U.S. President Joe Biden has announced significant tariff increases on a range of Chinese imports, including electric vehicles (EVs), semiconductors, and other critical goods. This decision comes amid ongoing trade tensions and national security concerns. U.S. President Joe Biden has announced significant tariff increases on a range of Chinese imports, including electric vehicles (EVs), semiconductors, and other critical goods. This decision comes amid ongoing trade tensions and national security concerns. -
Chinese COVID Whistleblower Zhang Zhan Due to Be Released After 4 Years in Prison for Reporting on COVID-19 Outbreak
Chinese citizen journalist Zhang Zhan, who was jailed for four years after documenting the early stages of the coronavirus outbreak in Wuhan, is due to be released on Monday after serving her sentence. Zhang, 40, had traveled to Wuhan in early 2020 from Shanghai, posting first-hand accounts from crowded hospitals and empty streets that painted a more dire picture of the pandemic than the official narrative. Chinese citizen journalist Zhang Zhan, who was jailed for four years after documenting the early stages of the coronavirus outbreak in Wuhan, is due to be released on Monday after serving her sentence. Zhang, 40, had traveled to Wuhan in early 2020 from Shanghai, posting first-hand accounts from crowded hospitals and empty streets that painted a more dire picture of the pandemic than the official narrative. -
Shein Seeks London Stock Exchange Listing Amid US Regulatory Hurdles and Forced Labor Concerns
Chinese fast fashion retailer Shein is preparing for a potential listing on the London Stock Exchange (LSE) after facing regulatory hurdles in its pursuit of an initial public offering (IPO) in New York, according to a report by Reuters. Chinese fast fashion retailer Shein is preparing for a potential listing on the London Stock Exchange (LSE) after facing regulatory hurdles in its pursuit of an initial public offering (IPO) in New York, according to a report by Reuters.