Ethan Zhao
Senior Reporter
The Latest
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Fatal Bus Crash Outside School in Tai'an, China Kills 11, Injures 13
In a tragic accident in eastern China, a bus crashed into a crowd of students and their parents outside a middle school in Tai'an city, Shandong province, resulting in the deaths of 11 people and injuries to 13 others. The incident occurred just before 7:30 a.m. local time on Tuesday, coinciding with the second day of the school year following the summer break. 
In a tragic accident in eastern China, a bus crashed into a crowd of students and their parents outside a middle school in Tai'an city, Shandong province, resulting in the deaths of 11 people and injuries to 13 others. The incident occurred just before 7:30 a.m. local time on Tuesday, coinciding with the second day of the school year following the summer break. -
China Warns Japan of Severe Repercussions if Semiconductor Restrictions Expand
China has issued a stern warning to Japan over potential new restrictions on semiconductor equipment sales. The conflict centers around Japan's recent decision to tighten controls on exports of 23 types of chipmaking machinery, a move that aligns with broader Western efforts to curb China's access to advanced technology. 
China has issued a stern warning to Japan over potential new restrictions on semiconductor equipment sales. The conflict centers around Japan's recent decision to tighten controls on exports of 23 types of chipmaking machinery, a move that aligns with broader Western efforts to curb China's access to advanced technology. -
Hong Kong Property Giant New World Faces Severe Losses Amidst Market Slump
New World Development Co., one of Hong Kong's major property developers, is bracing for an unprecedented financial downturn, forecasting a net loss of up to HK$20 billion ($2.6 billion) for the fiscal year ending June 2024. This projected loss marks the company's first annual deficit in two decades and has led to a sharp 13% decline in its share price, hitting its lowest level since 1986, according to Bloomberg data. 
New World Development Co., one of Hong Kong's major property developers, is bracing for an unprecedented financial downturn, forecasting a net loss of up to HK$20 billion ($2.6 billion) for the fiscal year ending June 2024. This projected loss marks the company's first annual deficit in two decades and has led to a sharp 13% decline in its share price, hitting its lowest level since 1986, according to Bloomberg data. -
China's Economy Faces Severe Slump: Manufacturing and Property Markets in Sharp Decline
China's economic engines are sputtering, with fresh data revealing a worsening contraction in both manufacturing and real estate sectors. The country's efforts to mitigate these issues through policy adjustments appear to be insufficient, heightening concerns about meeting its ambitious 5% growth target for 2024. 
China's economic engines are sputtering, with fresh data revealing a worsening contraction in both manufacturing and real estate sectors. The country's efforts to mitigate these issues through policy adjustments appear to be insufficient, heightening concerns about meeting its ambitious 5% growth target for 2024. -
China and Philippines Clash Again: Accusations Fly Over South China Sea Ship Ramming Incident
The Philippines and China have traded accusations over a collision involving their coast guard vessels in the disputed South China Sea. The latest incident occurred near the Sabina Shoal, a contentious area claimed by both nations, further inflaming an already volatile situation. 
The Philippines and China have traded accusations over a collision involving their coast guard vessels in the disputed South China Sea. The latest incident occurred near the Sabina Shoal, a contentious area claimed by both nations, further inflaming an already volatile situation. -
Alibaba Shares Surge as Chinese Regulators End 3-Year Antitrust Oversight
Alibaba Group Holdings Ltd. (BABA) saw its stock rise by more than 3% on Friday, following the completion of a significant regulatory overhaul imposed by China's State Administration for Market Regulation (SAMR). This development marks a turning point for the e-commerce giant, which has faced intense scrutiny and substantial fines over the past few years. 
Alibaba Group Holdings Ltd. (BABA) saw its stock rise by more than 3% on Friday, following the completion of a significant regulatory overhaul imposed by China's State Administration for Market Regulation (SAMR). This development marks a turning point for the e-commerce giant, which has faced intense scrutiny and substantial fines over the past few years. -
China Blasts US Missile Deployment in Philippines as Threat to Regional Stability Amid South China Sea Crisis
China has condemned the recent deployment of U.S. missiles to the Philippines, asserting that such moves threaten regional stability. The criticism comes amid a separate but related maritime dispute in the South China Sea, where the Philippines faces mounting pressure from Beijing over contested waters. China has condemned the recent deployment of U.S. missiles to the Philippines, asserting that such moves threaten regional stability. The criticism comes amid a separate but related maritime dispute in the South China Sea, where the Philippines faces mounting pressure from Beijing over contested waters. -
Hong Kong Convicts Stand News Editors of Sedition in Historic Press Freedom Case
A Hong Kong court has convicted two former editors of the defunct Stand News media outlet of sedition, marking a historic moment for press freedom in the city. Chung Pui-kuen, former editor-in-chief, and Patrick Lam, former acting editor-in-chief, were found guilty of conspiring to publish seditious content, a charge that has not been seen in Hong Kong's judiciary system since the city's handover from British to Chinese rule in 1997. 
A Hong Kong court has convicted two former editors of the defunct Stand News media outlet of sedition, marking a historic moment for press freedom in the city. Chung Pui-kuen, former editor-in-chief, and Patrick Lam, former acting editor-in-chief, were found guilty of conspiring to publish seditious content, a charge that has not been seen in Hong Kong's judiciary system since the city's handover from British to Chinese rule in 1997. -
U.S. Struggles to Initiate Nuclear Arms Control Dialogue with China Amid Rising Threats
The Biden administration is intensifying efforts to engage China in nuclear arms discussions, though progress remains tentative. This push comes as the United States grapples with China's rapid expansion of its nuclear arsenal, a development that has shifted Washington's strategic focus and sparked a new phase of diplomatic maneuvering. 
The Biden administration is intensifying efforts to engage China in nuclear arms discussions, though progress remains tentative. This push comes as the United States grapples with China's rapid expansion of its nuclear arsenal, a development that has shifted Washington's strategic focus and sparked a new phase of diplomatic maneuvering. -
U.S. Government Funding Spurs Over 1,000 Patents for China-Based Researchers, Sparking National Security Concerns
New data reveals that U.S. government funding has contributed to over 1,000 patents awarded to researchers based in China since 2010. The patents, which cover a range of sensitive fields including biotechnology and semiconductors, have heightened scrutiny of the U.S.-China Science and Technology Agreement, a landmark pact initially established to foster collaboration between the two nations. 
New data reveals that U.S. government funding has contributed to over 1,000 patents awarded to researchers based in China since 2010. The patents, which cover a range of sensitive fields including biotechnology and semiconductors, have heightened scrutiny of the U.S.-China Science and Technology Agreement, a landmark pact initially established to foster collaboration between the two nations.
