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Home ASEAN News China (page 15)

China

The Chinese are wealthier than Europeans now

By Noto
September 26, 2022
in :  Business, China, Economy
The Chinese are wealthier than Europeans now

What is the richest country in the world? As a result of China’s skyrocketing economic growth, the typical Chinese citizen today has a higher standard of living than their European counterparts. When compared to the average person in Europe, an adult in China has a net worth of US$26,752 (AU$40,980), while the average person in Europe has a net worth …

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Yves Bouvier sells Singapore freeport to Chinese crypto billionaire Jihan Wu for $28.4 M

By Katherine S
September 22, 2022
in :  Business, China, Singapore
Yves Bouvier sells Singapore freeport to Chinese crypto billionaire Jihan Wu for $28.4 M

Yves Bouvier, a Swiss art dealer who was previously known as “the king of the freeports,” has reportedly parted ways with his Singapore freeport to sell it to Jihan Wu, a Chinese crypto billionaire, for a price of $28.4 million. Since his detention in 2014, Bouvier has been a prominent figure in the news ever since the Russian businessman Dmitry …

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Biden makes unsettling comments on Taiwan’s independence policy

By Burapha
September 20, 2022
in :  China, Geo Politics, Taiwan
Biden makes unsettling comments on Taiwan's independence policy

A possible shift in US policy to support Taiwan’s right to self-determination was alluded to by President Joe Biden, but it was overshadowed by his promise that American forces would defend Taiwan against an invasion by the Chinese government, which grabbed all of the headlines. Despite the fact that the White House has made it clear that President Biden’s most …

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The US will be siding with Taiwan against China, Biden says

By Burapha
September 19, 2022
in :  China, Geo Politics, Taiwan, World
The US will be siding with Taiwan against China, Biden says

The President of the United States, Joe Biden, recently stated that the United States military would defend Taiwan in the case of a Chinese invasion. This was President Biden’s most clear declaration to date on the subject, and his statements are certain to irritate Beijing. In an interview with CBS 60 Minutes that aired on Sunday, September 18, the question …

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China’s Quarantine Bus crashes, leaves dozens dead

By Katherine S
September 19, 2022
in :  Business, China, Health
China’s Quarantine Bus crashes, leaves dozens dead

Early on Sunday morning, a highway bus accident in the Guizhou province of southwest China claimed the lives of at least 27 individuals. According to a local media account, the bus was typically used to transport passengers to Covid quarantine facilities. According to the official Xinhua News Agency, which cited local authorities, the vehicle carrying 47 passengers overturned, and those …

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Despite a surge in sales, Tesla is considering a rethinking of its China retail strategy

By Katherine S
September 15, 2022
in :  Business, China, Technology
Despite a surge in sales, Tesla is considering a rethinking of its China retail strategy

According to two people familiar with the company’s plans, Tesla is reassessing the manner in which it sells electric cars in China, which is its second-largest market, and is considering closing some showrooms in glitzy malls in cities such as Beijing where traffic has dropped significantly as a result of COVID restrictions. The shift would put more emphasis on stores …

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Indonesia’s first high-speed railway sports China-made trains

By Katherine S
September 2, 2022
in :  Business, China, Indonesia
Indonesia's first high-speed railway sports China-made trains

On Friday, the first batch of high-speed trains manufactured in China and destined for use on the Jakarta-Bandung fast-train route landed in the port of Jakarta (Sep 2). It is the first high-speed rail link in Indonesia and will span a distance of 142 kilometers. It will feature one set of electric passenger trains in addition to an inspection train. …

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China COVID-19 limitations have a negative impact on youth mental health

By Katherine S
August 30, 2022
in :  China, Education, Health, Opinion
China’s COVID-19 limitations have a negative impact on youth mental health

In December of 2017, Zhang Meng suffered a mental collapse. The recurrent COVID-19 lockdowns of the student’s university campus in Beijing drove her to the point of complete hopelessness, and she found herself sobbing on the stairs of her dorm room. Due to the lockdowns, she had to spend most of her time inside her room and was unable to …

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The ending of the latest ‘Minions’ film has been changed by Chinese censors

By Katherine S
August 22, 2022
in :  China, Entertainment
The ending of the latest 'Minions' film has been changed by Chinese censors

Users of social media platforms across China observed over the weekend that the conclusion of the recently released animated film “Minions: The Rise of Gru” has been changed by censors in preparation for the film’s distribution in China. Some spectators have expressed regret about the alterations brought about by the editing, which is yet another instance of Chinese officials altering …

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What the Philippines stands to gain from the US-China trade war over Taiwan

By Katherine S
August 18, 2022
in :  China, Geo Politics, Philippines, Taiwan, World
What the Philippines stands to gain from the US-China trade war over Taiwan

As the level of friction between China and the United States rises, the majority of Southeast Asian countries will make every effort to maintain their neutrality, notwithstanding how challenging this may be. Despite this, the Philippines are faced with more difficult decisions than most other countries. The results of its decisions will matter more not only to itself, but also …

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