CHINA

Oct 18 2024BUSINESS

P&G’s Q1 Report: A Glimpse into China’s Slowdown

Procter & Gamble recently announced its earnings for the first quarter of 2025, and the news wasn’t great. Sales in China, the company’s second-biggest market, dropped by 15%. This is due to economic struggles like falling home prices and rising unemployment rates. People are spending less, which me

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Oct 18 2024POLITICS

China's Record Military Drill Near Taiwan: A Closer Look

On Monday, China set a new record with its military exercises near Taiwan. Over 150 Chinese warplanes, including fighter jets and drones, were spotted around Taiwan. This isn't just a show of force; it's a way for China to keep the pressure on Taiwan and test its military responses. The Chinese

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Oct 18 2024POLITICS

U. S. and Philippines Hold Joint Drills as China Flexes Muscle Around Taiwan

Recently, the U. S. and the Philippines kicked off their annual joint military exercises, known as Kamandag, or Venom. This happened just after China held massive drills near Taiwan and a Chinese vessel collided with a Filipino patrol boat. Taiwan's defense ministry reported a record number of Chine

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Oct 18 2024POLITICS

China's Aircraft Carrier Liaoning Spotted Near Taiwan, Then Moves On

On Tuesday, Japan's military shared that the Chinese aircraft carrier, Liaoning, had moved away from Taiwan and was heading back to the South China Sea. The Liaoning had been taking part in major military exercises near Taiwan, which included simulated attacks on sea and land targets. It was spotted

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Oct 18 2024POLITICS

China's Leader Visits Province Near Taiwan After Major Military Drills

China's President Xi Jinping made a rare visit to Fujian province, which faces Taiwan. This visit happened right after China's military held large-scale exercises. The drills involved the navy, air force, missile force, and land troops. They simulated a blockade of Taiwan, an island that China claim

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Oct 18 2024TECHNOLOGY

iPhone 16: Surging Sales in China, Despite AI Uncertainty

The iPhone 16 is off to a fantastic start, especially in China, where sales have jumped by 20% compared to last year's model. This is great news for Apple, considering the iPhone 15 had a tough time in the world's largest smartphone market. The priciest models, the Pro and Pro Max, are doing even be

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Oct 18 2024FINANCE

Why Finance Pros Are Leaving China's Sluggish Industry

Are you curious about what's going on in China's financial industry? Lots of people are changing careers! It's not just about the economy being slow. Things are tough for finance pros with new rules coming in and salaries going down. Even investors aren't happy. Some financial professionals like Xu

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Oct 18 2024SCIENCE

China's Next Decade in Space: Moon, Mars, Asteroids, and Jupiter

China's space exploration plans for the next decade include some exciting destinations. They've already collected samples from the far side of the moon, and now they're looking at Mars, asteroids, and even Jupiter. The samples from the moon's far side are different from those from the near side, whi

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Oct 18 2024BUSINESS

China Eyes Intel Chips for Security Concerns

In the ongoing tension between the US and China, a cybersecurity group in China has raised alarms about Intel's chips. The Cybersecurity Association of China (CSAC) says Intel's chips have frequent problems that threaten national security. They claim these chips can be hacked through backdoors creat

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Oct 18 2024BUSINESS

China's Economy: Stable Growth, More Stimulus

China's economy grew by 4. 6% in the third quarter, the slowest pace in six quarters. This news came with a surprise: the country's central bank announced two new programs to boost the stock market. These programs could inject around $112. 6 billion into the market. This happened even as China's sta

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