18 September 2019

Greater China

  • Founded just over three years ago, Nanjing-based rental housing operator Lejia Apartment has halted its business due to financial troubles. Photo: Bloomberg

    How a China rental housing operator went bust

    - Aug 12, 2019 4:53pm
    Lejia Apartment, China’s third-largest rental apartments operator, has suddenly gone bankrupt, creating big trouble for hundreds of thousands of its tenants. To rein in property speculation, Chinese authorities have been encouraging the development of the apartment leasing...
  • Responding to criticism from China, Coach has apologized for the design of a T-shirt which identified Taiwan as a country. Photo: Bloomberg

    Coach, Givenchy in hot water over China T-shirt row

    Aug 12, 2019 4:02pm
    Chinese brand ambassadors of fashion labels Coach and Givenchy have severed ties with the firms over products which they said violated China’s sovereignty by identifying Hong Kong and Taiwan as countries, Reuters reports. The brands are...
  • In response to the emergence of cryptocurrencies like bitcoin, China's central bank has vowed to create a digital currency that is backed and managed by itself. Photo: Bloomberg/Reuters

    China ready to launch official digital currency soon

    Aug 12, 2019 1:01pm
    After five years of development, China’s official digital currency “can now be said to be ready”, says Mu Changchun, deputy director at the Payment and Settlement Department of the People’s Bank of China (PBoC). Speaking at the...
  • Cathay Pacific has succumbed to pressure from China and punished some staff who had participated in Hong Kong's ongoing protests. Photo: Bloomberg

    Cathay acts against staff after China warning over HK protests

    Aug 12, 2019 12:35pm
    Cathay Pacific Airways has suspended a pilot who was arrested during Hong Kong’s anti-government protests and also fired two airport employees for alleged misconduct. The Hong Kong flag-carrier said over the weekend that it will bar...
  • Hong Kong's leader Carrie Lam, seen here at a news conference on August 5, has come under scathing criticism in the wake of extradition bill saga and the ensuing social unrest in the city. Photo: Reuters

    Personal ego versus public trauma

    - Aug 12, 2019 10:29am
    Like most rational Hong Kong people, I earnestly wish that the current protests could be brought to a satisfactory and swift resolution. Carrie Lam’s suspension of the Extradition Bill constituted reluctant recognition of the legitimacy of...
  • Cars are partially submerged in floodwaters after Typhoon Lekima hit Dajing town in Wenzhou, Zhejiang province, in China on August 10. Photo: Zhejiang Daily Press Group via Reuters

    Typhoon Lekima leaves 32 dead in eastern China

    Aug 12, 2019 9:22am
    At least 32 people have died after Typhoon Lekima battered eastern China over the weekend, with the storm now moving further north up the coast, Reuters reports, citing Chinese state media. Lekima made landfall early on...
  • Anti-government protesters throw tear gas back at police during clashes outside the police station in Kwai Fong in Hong Kong on Sunday. Photo: Reuters

    Volleys of tear gas as Hong Kong rocked by more protests

    Aug 12, 2019 8:25am
    Hong Kong police and protesters clashed in cat-and-mouse encounters across the city on Sunday, marking a shift in tactics during a tenth straight weekend of unrest in the former British colony where many are chafing at...
  • People watch the dots of laser pointers move across the facade of the Hong Kong Space Museum during a protest action on Aug. 7. The city’s youth have refused to be cowed down by warnings from the establishment. Photo: Reuters

    What will Beijing do now?

    - Aug 9, 2019 11:03am
    What are Beijing’s real intentions in Hong Kong? Although many pundits claim to know the answer the reality is that in the hermetically sealed world of a Communist dictatorship access to information from the top is...
  • Taiwan President Tsai Ing-wen wrote in a Facebook post this week that “China’s political power has invaded into various nonpolitical areas”, including tea. Photo: Reuters/Facebook

    Taiwan brands face mainland boycott over Hong Kong gesture

    Aug 9, 2019 10:28am
    Internet users on the Chinese mainland have blacklisted popular bubble tea brands from Taiwan after a Hong Kong franchise urged solidarity with street protesters in the Asian financial hub, Reuters reports. The online furor began when...
  • Mainland Chinese films and movie stars will be missing from the Golden Horse Awards event in Taiwan this year. Photo: HKEJ

    What prompted Beijing to shun the ‘Chinese Oscars’?

    - Aug 9, 2019 9:11am
    The tension between Beijing and Taipei is heating up. China’s film regulator said on Wednesday that mainland’s movie industry has been barred from participating in Taiwan’s Golden Horse film awards event. China Film News, a magazine...
  • As Typhoon Lekima approaches eastern Taiwan, a flag warning about rough seas is raised while fishing boats are packed into a typhoon shelter at Nanfangao harbour in Suao, Yilan county, on Thursday. Photo: AFP

    Taiwan braces for typhoon hours after earthquake strikes

    Aug 8, 2019 12:17pm
    A powerful typhoon will hit Taiwan later on Thursday, bringing the risk of landslides and high seas, weather forecasters said, hours after a 6.0-magnitude earthquake struck the island. Typhoon Lekima, categorized at the strongest typhoon level...
  • Xi Jinping's main concern will be his government’s struggle to sustain annual economic growth above 6 percent, which is viewed as necessary to guarantee rising living standards and avoid unemployment. Photo: Reuters

    What’s next for China’s political economy?

    - Aug 8, 2019 10:27am
    To understand where the Chinese economy is headed, it is important to understand the wider context surrounding Chinese debates about what the future holds under President Xi Jinping. The centenary of the Communist Party of China...
  • Taiwan's annual Golden Horse Film Festival is considered the Chinese-speaking world’s version of the Oscars. Photo: HKEJ

    China blocks mainland movies, stars from Taiwan’s ‘Oscars’

    Aug 7, 2019 1:26pm
    China’s film regulator on Wednesday said it was blocking the mainland movie industry from participating in Taiwan’s Golden Horse Awards without a giving a reason, in the latest sign of rising tensions between Beijing and the...
  • Yang Guang (center) and Xu Luying (right) of the Hong Kong and Macau Affairs Office of the State Council attend a news conference on the current situation in Hong Kong, in Beijing on Tuesday. Photo: Reuters

    Radicals and their ‘masterminds’ will be punished, China warns

    Aug 6, 2019 4:39pm
    Radical protesters in Hong Kong must not mistake China’s restraint for weakness, China’s Hong Kong affairs office said on Tuesday, vowing that the “violent criminals” and their masterminds would be punished. Hong Kong has suffered weeks...
  • Liu Zhongtian, the founder of Chinese aluminum giant Zhongwang, has been accused of conspiring to defraud the US though an elaborate tariff-evasion scheme. Photo: Bloomberg

    Why a Chinese aluminum tycoon has become a US target

    - Aug 5, 2019 10:55am
    China Zhongwang Holdings (01333.HK) shares slumped as much as 14 percent on Aug 1 after news that its billionaire founder Liu Zhongtian was charged by US regulators in connection with suspected evasion of nearly US$2 billion...
  • Foxconn is said to be exploring potential sale of a liquid crystal display (LCD) plant that is being built in Guangzhou. Photo: Reuters

    Foxconn mulls sale of new China display panel plant: report

    Aug 2, 2019 2:50pm
    Taiwan’s Foxconn Group is exploring the sale of its new US$8.8 billion display panel factory in China, Reuters reports, citing people familiar with the matter. The firm is in discussions to appoint banks to find a...
  • About 1.9 million mainlanders visited Taiwan with individual travel permits last year, about 17 percent of the total number of visitors to the island. Photo: Reuters

    Why Beijing froze individual travel permits for Taiwan

    - Aug 2, 2019 12:19pm
    Beijing, in an unprecedented move, has stopped issuing individual travel permits for Taiwan. The ban, which took effect on Aug. 1, covers 47 mainland cities. In its statement, China’s culture and tourism ministry didn’t provide details...
  • Beijing must tread with great care in its management of Hong Kong and make sure that the territory retains its special status. Photo: Bloomberg

    Why it’s in Beijing’s interest to preserve HK autonomy

    - Aug 1, 2019 10:18am
    Last week Australia’s education ministry announced that the government is investigating whether deals between 13 universities and the Confucius Institutes breached new foreign interference laws. Over the last 15 months, at least 15 Confucius Institutes on...
  • The ban comes amid a rebound in the number of mainland tourists to Taiwan. Photo: Xinhua

    China to halt individual tourism permits for Taiwan

    Aug 1, 2019 9:18am
    China will stop issuing individual travel permits for Taiwan to people in 47 mainland cities from Thursday, its culture and tourism ministry said, citing the state of ties with the self-ruled island. People from the mainland...
  • File picture of a vocational skills education center in Dabancheng in Xinjiang Uighur Autonomous Region. Photo: Reuters

    China: Most people in Xinjiang camps have ‘returned to society’

    Jul 31, 2019 9:49am
    Most people sent to mass detention centers in China’s Xinjiang region have “returned to society”, Reuters reports, citing a senior official from the region. The official declined to give an estimate of how many have been...