CHINA RELATIONS

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Sep 30 2024BUSINESS

China's Economic Slowdown: The Real Story

China, the world's second-largest economy, is facing a prolonged economic slowdown. The country's factory activity has contracted for five straight months, with a purchasing managers' index (PMI) reading of 49.8 in September. While this is higher than expected, it still indicates a contraction in ma

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Sep 27 2024POLITICS

China's Submarine Snafu: A Wake-Up Call for Beijing's Defense Industry

China's defense industry has been on a mission to modernize its forces, but it seems a major setback has occurred. The newest nuclear-powered submarine, part of the country's ambitious Zhou-class line, has reportedly sunk pierside earlier this year. The incident has left many wondering about the Chi

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Sep 24 2024BUSINESS

China's Economic Engine Gears Up for Revamp

China's economy is getting a much-needed boost with a series of bold policy moves. The country's central bank has slashed the mortgage rate for existing homeowners, while also reducing the amount of cash commercial banks must hold in reserve. This means banks will have more money to lend to real est

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Sep 20 2024SCIENCE

China's Cosmic Quest: Unveiling a New Era in Space Exploration

China's space program is on the cusp of a major milestone, as the country prepares to unveil a long-term vision for space science. This ambitious plan aims to accelerate China's progress in the field, solidifying its role as a global leader in space exploration. The Chinese Academy of Sciences has o

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Sep 15 2024ENVIRONMENT

China's Clean Energy Revolution: A Game-Changer for the Planet?

China's incredible journey towards a cleaner energy future is nothing short of remarkable. The country is on track to meet its ambitious 2030 renewable energy target six years ahead of schedule, a feat that has left many in the industry reeling. But what's behind this remarkable achievement, and wha

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Sep 13 2024TECHNOLOGY

The Secretive Space Plane: China's Quest for Dominance in Orbit

China's secretive space plane, the "Shenlong" (meaning "Divine Dragon" in Mandarin), has landed back on Earth after spending over eight months in orbit. This latest development marks a significant milestone in China's quest to catch up with the United States in the realm of space technology. But wha

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Sep 12 2024TECHNOLOGY

China's AI Ambition: Can They Catch Up to the US?

China has been working hard to catch up with the US in the field of artificial intelligence (AI). Over the past 18 months, China's tech giants have launched their own AI models, looking to capitalize on the hype around AI. But can they really challenge the US in this area? Let's take a closer look a

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Sep 11 2024SPORTS

China's Soccer Scandal: A Crackdown on Corruption or a Cover-Up?

China's football association has banned 38 players and five officials for life after a two-year investigation into match-fixing and gambling. The investigation found that 120 matches had been fixed, with 41 clubs involved. Three former Chinese internationals, Jin Jingdao, Guo Tianyu, and Gu Chao, we

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Sep 10 2024BUSINESS

China's Property Market: A Steep Climb Back Up

China's property market has been a rollercoaster ride over the past year, leaving investors and consumers alike feeling queasy. Standard Chartered CEO Bill Winters recently warned that the market 'has not yet completely bottomed out,' despite all the turmoil. Consumer confidence remains shaky, larg

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Sep 06 2024POLITICS

Is Washington Preparing to Bail Out a Struggling China?

China's economy is facing a crisis unlike any it has seen since opening up more than four decades ago. Over a million restaurants have closed, offices are emptier than during the pandemic, and property sales are down sharply. Duty-free sales in Hainan Island plunged 30% in the first seven months of

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