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Sun, May 29, 2022 | 04:57

Guangzhou R&F sells assets to Country Garden for 10 billion yuan cash, ditching unit's IPO plan as funding crunch bites

Guangzhou R&F Properties' services unit has decided to sell three assets that form the core of a potential Hong Kong stock offer to a competitor for cash, seeking a bailout as the Chinese central bank's crackdown on debt ceilings since August 2020 is starving companies of much-needed cash.

2021-09-21 12:38

World shares jolted by Evergrande crisis as debt payment test looms

Chinese military steps up night drills and brings in more advanced equipment close to Indian border

The Chinese military's Western Theatre Command has introduced more night drills for units stationed near the Himalayan border as it seeks to familiarize its troops with new-generation weapons and equipment.

2021-09-20 12:39

China's Tiangong astronauts return with vision of 'new heights' in space travel

China's returning "space heroes" emerged from their capsule and waved to the waiting cameras after their successful return Friday after 90 days working aboard the country's Tiangong Space Station.

2021-09-18 12:38

China drop in FIFA rankings after nightmare World Cup start

China's men's football team have dropped to 75th in the latest FIFA world rankings, which were published on Thursday, after a nightmare start to their Qatar 2022 qualifying campaign.

2021-09-17 15:31

Singaporeans, whether vaccinated or refusing to be jabbed, feel social divide over COVID-19

When the Singapore government announced strict segregation measures in August for those who were not yet vaccinated against COVID-19, it had an immediate desired effect. Vaccination numbers surged, from 70 percent who had completed the two-shot regimen as of Aug. 8, to 78 percent just two weeks later.

2021-09-16 13:37

Huawei founder vows to recruit more global talent as firm seeks to overcome US sanctions

Huawei Technologies, the Chinese telecommunications giant, plans to recruit more international talent by offering them higher salaries than current market rates, as the company pushes to overcome U.S. trade sanctions that have crippled its core smartphone business, according to an internal speech by founder and chief executive Ren Zhengfei.

2021-09-15 14:47

China weighs in on Canada's election after Conservatives promise to 'stand up' to Beijing

Canada's Conservative Party has China in its election crosshairs amid the worst period of diplomatic relations in recent history - prompting a strong pushback from Beijing's ambassador and state media, which lambasted the opposition party's "hostile" platform for catering to "toxic" anti-China sentiment.

2021-09-14 15:22

Common prosperity in China: rich or poor, people have questions about Beijing's attempt to spread the wealth

Across China, the phrase "common prosperity" has become a major talking point spanning every demographic, from the rich and political elite to rural farmers and factory workers. Their concerns are vastly different, but many of their questions are quite similar.

2021-09-12 15:49

Chinese parents fear children's English skills will suffer as schools cut back on language classes and tutors face crackdown

Chinese parents, worried their children will lose out as a result of education reforms that have led to a reduction in the amount of time spent teaching English, are looking for ways to make up the gap.

2021-09-11 15:35

'You don't even understand the basics': Chinese ex-diplomat lashes out at EU envoy

A former senior Chinese diplomat has accused the European Union's ambassador of not understanding "the basics", lashing out at his criticism of China's "changing" diplomacy and warning of a grave impact on relations with the EU.

2021-09-10 19:58

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