China's Employment Battle: $42 Billion Effort to Tackle Youth UnemploymentAmid China’s record-high youth unemployment rate last year, the Chinese government has reportedly invested around $42 billion to support employment. On February 14, Xinhua news agency and People’s Daily reported, citing the Ministry of Human Resources and Social Security, that there were 12.44 million new employees in China last year, and the central and local […]
Musk Brings Chinese Suppliers to Mexico to Avoid U.S. RestrictionsAccording to a report by Bloomberg on the 14th (local time), Elon Musk, CEO of Tesla, is causing concerns for the U.S. government by inviting Chinese auto parts manufacturers to Mexico. According to the report, Musk is building a new Monterrey, Nuevo Leon, Mexico factory. At Musk’s request, many sources reported that Chinese auto parts […]
China to Remain 'The World's Factory' Despite Challenges: Decoupling China - Pessimism vs. OptimismDespite U.S. Restraints, China Remains the World’s Top ExporterChina Increases Investments and Exports to U.S. AlliesNo Manufacturing Superpower to Replace China YetJP Morgan: “China is not an Uninvestable Country” Despite economic uncertainties and U.S. restraints, China is expected to maintain its status as the “factory of the world.” Business Insider, a U.S. business news outlet, […]
China's Strong Rebuke Against Israel's Offensive in Rafah, Advocates for PeaceA regular briefing scene of the Chinese Ministry of Foreign Affairs. Due to the Lunar New Year holiday on the 10th, the biggest holiday, briefings will not be held until the 17th./Chinese Ministry of Foreign Affairs website. China condemned Israel for killing innocent civilians as Israel attacked Rafah, the southernmost part of the densely populated […]
China's Business Meltdown: China's Tycoons Hit Hard by Economic Crunch AsiaToday Beijing Correspondent Hong Soon-do = China's economy, which is far from good, is now in the midst of a bankruptcy frenzy among its biggest business tycoons.
Chinese EV Giant BYD Stuns Tesla with Unprecedented Fuel EfficiencyChinese electric vehicle company BYDDebut of the Seal 06 PHEVBegins a significant expansion of its lineup The total number of electric vehicles registered last year was 14.06 million, a 33.4% increase from the previous year. In particular, Chinese electric vehicle company BYD sold 2.88 million units, one million more than the last year, boasting an […]
China's Dilemma Part 2: Biden vs. Trump - Who's the Lesser 'Bowl of Poison'?◇ “China, the possibility of blaming China for COVID-19 responsibility and intensifying trade war if Trump wins.” Among critics, “With the ‘weakening of U.S. democracy and global leadership,’ Trump benefits China.” Former President Trump may be more hesitant to defend Taiwan due to his isolationist approach to foreign policy. Still, considering his unpredictability and strong […]
China's Dilemma Part 1: Biden vs. Trump - Who's the Lesser 'Bowl of Poison'?President Joe Biden of the United States and President Xi Jinping of China take a walk after their second face-to-face summit since taking office, held on November 15, 2023 (local time) at the “Filoli Estate,” a mansion in Woodside, near San Francisco, where the Asia-Pacific Economic Cooperation (APEC) meeting was held. /Reuters·Yonhap News The Chinese […]
Harbin Ice and Snow Festival: A Winter Wonderland Draws 3 Million Visitors As China's signature winter festival, it's no surprise that Chinese people are so excited to see the festival take place.This year's festival will feature fireworks phoenix drones and even camels...
Tesla's Game-Changing Move - 'Made in China' Model 3 Shakes Up South Korea Tesla is bringing a facelifted Model 3 to China, its midsize electric sedan. Tesla has been cutting prices globally to increase its share of the electric vehicle market. Tesla has also cut prices in the domestic electric car market. Tesla's Model Y is one such model...
Two Brides Show Up, Groom Gets Slapped in Shocking Wedding Scene - Here's Why A wedding in China has become a hot topic after two brides appeared in wedding dresses at a wedding ceremony.Last October, a wedding was held at a luxury hotel in Xi'an, Shaanxi province, China.At the beginning of the ceremony, the bride and groom stood side by side in front of many guests...
Spring Festival Goes Global: CMG's Promo Hits 43 Million Viewers on CNN The Central Media Organization (CMG)'s promotional video for this year's Chun Wan aired on CNN, attracting 43 million viewers on the day of broadcast.
China's Ambitious Aircraft Carrier Program: The Road to Six Carriers by 2035 AsiaToday Beijing Correspondent Hong Soondo = China's so-called aircraft carrier building project, which began in earnest more than a decade ago, is analyzed to have reached a point where it can be processed...
Hyundai's IPO Move: Banking on India's Auto Boom to Replace China and RussiaWorld’s 3rd largest auto market with steep growth trendLarge-scale funding is required to secure a leading positionAn additional 1 trillion won for hydrogen and electric vehicle ecosystemIPO fund will be used to execute investments Hyundai Motor Company (Hyundai) is planning an initial public offering (IPO) of its Indian subsidiary to meet the surging demand for […]
China's 1% Spying on the Rest of the 99% Population: A Comparison to East Germany's Stasi EraChina Utilizes Cutting-Edge Technology to Establish Intense Surveillance SocietyPolice and Local Authorities Recruit 14 Million Informants The Chinese Communist Party is alleged to be using 1% of the population as informants to surveil the remaining 99%. This ratio of surveillance personnel is reportedly on par with the infamous East Germany just before the fall of […]
China Rapidly Expanding Nuclear Arsenal China has more than doubled its nuclear warhead stockpile in the past decade. This is the fastest pace in history.
North Korea's False Eyelashes Flood the Market Disguised as 'Made in China' North Korea has been exporting artificial eyelashes and wigs disguised as "made in China" to the world to earn foreign currency, Reuters reported on Wednesday (local time)...
China Predicts Global Electric Vehicle Sales to Reach 20 Million Units in 2024 China EV100, a think tank for the Chinese electric vehicle industry, has predicted that global electric vehicle sales will exceed 20 million units in 2024...
China's Nuclear Surge: How the Korean War Trauma Shapes Its Rocket Force AsiaToday By Hamanju Hamanju, Washington Correspondent = The trauma of the Korean War, in which a U.S. nuclear strike was contemplated, is playing a role in China's strengthening of its nuclear forces, including the creation of a rocket force and a sharp increase in the number of nuclear warheads, the New York Times (NYT) reported on Thursday...
Nvidia Takes on Huawei in AI Semiconductor Market with Budget-Friendly Chips for China Nvidia is reportedly selling new AI semiconductors to China at low prices. The semiconductors are expected to have weaker features than Huawei's products, but at a lower price. Nvidia has reportedly started taking pre-orders in the Chinese market.
China's Employment Battle: $42 Billion Effort to Tackle Youth Unemployment Amid China’s record-high youth unemployment rate last year, the Chinese government has reportedly invested around $42 billion to support employment. On February 14, Xinhua news agency and People’s Daily reported, citing the Ministry of Human Resources and Social Security, that there were 12.44 million new employees in China last year, and the central and local […]
Musk Brings Chinese Suppliers to Mexico to Avoid U.S. Restrictions According to a report by Bloomberg on the 14th (local time), Elon Musk, CEO of Tesla, is causing concerns for the U.S. government by inviting Chinese auto parts manufacturers to Mexico. According to the report, Musk is building a new Monterrey, Nuevo Leon, Mexico factory. At Musk’s request, many sources reported that Chinese auto parts […]
China to Remain 'The World's Factory' Despite Challenges: Decoupling China - Pessimism vs. Optimism Despite U.S. Restraints, China Remains the World’s Top ExporterChina Increases Investments and Exports to U.S. AlliesNo Manufacturing Superpower to Replace China YetJP Morgan: “China is not an Uninvestable Country” Despite economic uncertainties and U.S. restraints, China is expected to maintain its status as the “factory of the world.” Business Insider, a U.S. business news outlet, […]
China's Strong Rebuke Against Israel's Offensive in Rafah, Advocates for Peace A regular briefing scene of the Chinese Ministry of Foreign Affairs. Due to the Lunar New Year holiday on the 10th, the biggest holiday, briefings will not be held until the 17th./Chinese Ministry of Foreign Affairs website. China condemned Israel for killing innocent civilians as Israel attacked Rafah, the southernmost part of the densely populated […]
China's Business Meltdown: China's Tycoons Hit Hard by Economic Crunch AsiaToday Beijing Correspondent Hong Soon-do = China's economy, which is far from good, is now in the midst of a bankruptcy frenzy among its biggest business tycoons.
Chinese EV Giant BYD Stuns Tesla with Unprecedented Fuel Efficiency Chinese electric vehicle company BYDDebut of the Seal 06 PHEVBegins a significant expansion of its lineup The total number of electric vehicles registered last year was 14.06 million, a 33.4% increase from the previous year. In particular, Chinese electric vehicle company BYD sold 2.88 million units, one million more than the last year, boasting an […]
China's Dilemma Part 2: Biden vs. Trump - Who's the Lesser 'Bowl of Poison'? ◇ “China, the possibility of blaming China for COVID-19 responsibility and intensifying trade war if Trump wins.” Among critics, “With the ‘weakening of U.S. democracy and global leadership,’ Trump benefits China.” Former President Trump may be more hesitant to defend Taiwan due to his isolationist approach to foreign policy. Still, considering his unpredictability and strong […]
China's Dilemma Part 1: Biden vs. Trump - Who's the Lesser 'Bowl of Poison'? President Joe Biden of the United States and President Xi Jinping of China take a walk after their second face-to-face summit since taking office, held on November 15, 2023 (local time) at the “Filoli Estate,” a mansion in Woodside, near San Francisco, where the Asia-Pacific Economic Cooperation (APEC) meeting was held. /Reuters·Yonhap News The Chinese […]
Harbin Ice and Snow Festival: A Winter Wonderland Draws 3 Million Visitors As China's signature winter festival, it's no surprise that Chinese people are so excited to see the festival take place.This year's festival will feature fireworks phoenix drones and even camels...
Tesla's Game-Changing Move - 'Made in China' Model 3 Shakes Up South Korea Tesla is bringing a facelifted Model 3 to China, its midsize electric sedan. Tesla has been cutting prices globally to increase its share of the electric vehicle market. Tesla has also cut prices in the domestic electric car market. Tesla's Model Y is one such model...
Two Brides Show Up, Groom Gets Slapped in Shocking Wedding Scene - Here's Why A wedding in China has become a hot topic after two brides appeared in wedding dresses at a wedding ceremony.Last October, a wedding was held at a luxury hotel in Xi'an, Shaanxi province, China.At the beginning of the ceremony, the bride and groom stood side by side in front of many guests...
Spring Festival Goes Global: CMG's Promo Hits 43 Million Viewers on CNN The Central Media Organization (CMG)'s promotional video for this year's Chun Wan aired on CNN, attracting 43 million viewers on the day of broadcast.
China's Ambitious Aircraft Carrier Program: The Road to Six Carriers by 2035 AsiaToday Beijing Correspondent Hong Soondo = China's so-called aircraft carrier building project, which began in earnest more than a decade ago, is analyzed to have reached a point where it can be processed...
Hyundai's IPO Move: Banking on India's Auto Boom to Replace China and Russia World’s 3rd largest auto market with steep growth trendLarge-scale funding is required to secure a leading positionAn additional 1 trillion won for hydrogen and electric vehicle ecosystemIPO fund will be used to execute investments Hyundai Motor Company (Hyundai) is planning an initial public offering (IPO) of its Indian subsidiary to meet the surging demand for […]
China's 1% Spying on the Rest of the 99% Population: A Comparison to East Germany's Stasi Era China Utilizes Cutting-Edge Technology to Establish Intense Surveillance SocietyPolice and Local Authorities Recruit 14 Million Informants The Chinese Communist Party is alleged to be using 1% of the population as informants to surveil the remaining 99%. This ratio of surveillance personnel is reportedly on par with the infamous East Germany just before the fall of […]
China Rapidly Expanding Nuclear Arsenal China has more than doubled its nuclear warhead stockpile in the past decade. This is the fastest pace in history.
North Korea's False Eyelashes Flood the Market Disguised as 'Made in China' North Korea has been exporting artificial eyelashes and wigs disguised as "made in China" to the world to earn foreign currency, Reuters reported on Wednesday (local time)...
China Predicts Global Electric Vehicle Sales to Reach 20 Million Units in 2024 China EV100, a think tank for the Chinese electric vehicle industry, has predicted that global electric vehicle sales will exceed 20 million units in 2024...
China's Nuclear Surge: How the Korean War Trauma Shapes Its Rocket Force AsiaToday By Hamanju Hamanju, Washington Correspondent = The trauma of the Korean War, in which a U.S. nuclear strike was contemplated, is playing a role in China's strengthening of its nuclear forces, including the creation of a rocket force and a sharp increase in the number of nuclear warheads, the New York Times (NYT) reported on Thursday...
Nvidia Takes on Huawei in AI Semiconductor Market with Budget-Friendly Chips for China Nvidia is reportedly selling new AI semiconductors to China at low prices. The semiconductors are expected to have weaker features than Huawei's products, but at a lower price. Nvidia has reportedly started taking pre-orders in the Chinese market.
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