Category Archives: China

China region offers cash ‘rewards’ for newlyweds if bride is under 25

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China’s eastern county of Changshan has made the offer in an effort to promote ‘age-appropriate marriage and childbearing’

A county in eastern China is offering couples a “reward” of 1,000 yuan ($137) if the bride is aged 25 or younger, the latest in a series of measures to incentivise young people to get married amid rising concern over a declining national birthrate.

The notice, which was published on Changshan county’s official WeChat account last week, said the reward was to promote “age-appropriate marriage and childbearing” for first marriages. It also included a series of childcare, fertility and education subsidies for couples who have children.

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Foxconn founder Terry Gou announces run for Taiwan presidency, pledging to fix China ties

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The billionaire has touted his business experience, saying it was the ‘era of entrepreneurs’ rule’

The billionaire founder of tech giant Foxconn, Terry Gou, has announced he will run for president of Taiwan as an independent candidate, pledging to fix cross-strait relations and boost Taiwan’s economy.

At a press conference on Monday, Gou – a well-known and outspoken businessman – announced what he called “the era of entrepreneurs’ rule”.

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Detained Australian writer fears he may die of kidney condition in China jail

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Yang Hengjun has told supporters he is in pain from a cyst on his kidney that remains untreated

Detained Australian writer Yang Hengjun fears he could die in a Chinese prison from a worsening medical condition he says is not being properly treated.

He has told supporters he is in pain from a large cyst on his kidney. The Australian government is being urged to intervene and secure, through diplomatic means, his release to Australia on medical parole.

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Pacific Islands warn US over Chinese threat and urge Biden to increase aid

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GOP-led House committee convenes on Guam as officials say Beijing working to ‘fill perceived voids in America’s assistance’

Countering China and bolstering national security dominated the conversation in a Hilton hotel on Guam, 15 hours before and oceans away from the Milwaukee arena hosting the first Republican primary debate.

Nine members of the GOP-led House committee on natural resources convened on Guam for a rare field hearing – during the summer recess – on countering China’s influence in the region.

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Fukushima: China accused of hypocrisy over its own release of wastewater from nuclear plants

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Plant in China releases water with higher amounts of tritium, scientist says, calling into question seafood ban imposed on Japan

As China bans all seafood from Japan after the discharge of 1m tonnes of radioactive water from the ruined Fukushima Daiichi nuclear power plant into the Pacific Ocean, Beijing has been accused of hypocrisy and of using the incident to whip up anti-Japanese sentiment.

Scientists have pointed out that China’s own nuclear power plants release wastewater with higher levels of tritium than that found in Fukushima’s discharge, and that the levels are all within boundaries not considered to be harmful to human health.

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Fiji prime minister warns against US and China attempts to ‘polarise’ Pacific

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Sitiveni Rabuka says island countries must be ‘zone of non-aligned territories’ and hopes big powers will avoid military conflict

The Pacific islands should be a “zone of peace”, Fiji’s prime minister, Sitiveni Rabuka, has said, adding that he hopes a rivalry between the US and China in the strategic region does not develop into a military conflict.

Rabuka was speaking after attending a summit meeting of several Pacific island leaders, where climate change and regional security dominated the agenda. The leaders of Papua New Guinea, Solomon Islands, Vanuatu, Fiji and New Caledonia’s ruling FLNKS party met in Vanuatu on Thursday.

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Brics to more than double with admission of six new countries

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Major expansion as economic bloc that includes Russia and China attempts to provide counterweight to the US and western allies

The Brics group of big emerging economies has announced the admission of six new members, in an attempt to reshape the global world order and provide a counterweight to the US and its allies.

From the beginning of next year, Iran, Saudi Arabia, Egypt, Argentina, the UAE and Ethiopia will join the current five members – Brazil, Russia, India, China and South Africa – it was announced at a summit in Johannesburg on Thursday.

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Huawei accused of building secret microchip factories to beat US sanctions

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US-based semiconductor association claims Chinese tech firm has acquired at least two plants and is constructing three others

Huawei has been accused by a leading association of semiconductor manufacturers of building a collection of secret chip-making facilities across China to help the technology company bypass US sanctions, according to a report.

The Chinese tech firm moved into chip production last year and was receiving an estimated $30bn (£23.7bn) in state funding from the government, the Washington-based Semiconductor Industry Association was quoted as saying by Bloomberg, adding that Huawei had acquired at least two existing plants and was building three others.

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Chinese dissident and Xi Jinping critic flees China to South Korea by jetski

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Chinese dissident Kwon Pyong, 35, was arrested after becoming stuck in mudflats near Incheon

A Chinese dissident previously jailed for criticising Xi Jinping has fled to South Korea by jetski, towing barrels of fuel behind him to ensure he completed the long journey.

The man identified by Chinese activist groups as Kwon Pyong, 35, was arrested last Wednesday night after he got stuck in mud flats near Incheon.

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China officials hit by US sanctions over ‘forced assimilation’ of children in Tibet

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Antony Blinken criticises China’s state boarding schools that ‘seek to eliminate Tibet’s distinct linguistic, cultural and religious traditions’

The United States will impose visa sanctions on Chinese officials pursuing “forced assimilation” of children in Tibet, where UN experts say one million children have been separated from their families.

Secretary of state Antony Blinken said the US would restrict visas to Chinese officials behind the policy of state boarding schools, in the latest in a series of US moves on Beijing that comes despite a resumption of high-level dialogue.

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Brics group looks to expand at summit despite divisions among key members

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Experts say India concerned about expansion and any overt anti-west turn as leaders fly into South Africa

Leaders from developing countries representing almost half the world’s population including China and Russia are meeting in South Africa for a key summit aimed at reinforcing their alliance as a counterweight to the west.

The Brics grouping summit in Johannesburg is being hosted by the South African president, Cyril Ramaphosa, and brings together the prime minister of India, Narendra Modi, as well the presidents of China, Xi Jinping, and Brazil, Luiz Inácio Lula da Silva.

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Homebuilder shares tumble as UK housing market weakens – business live

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A profit warning from housebuilder Crest Nicholson has compounded fears of a housing market slowdown, as Rightmove data reveals a further drop in asking prices

AJ Bell investment director Russ Mould said that while weak house price data (as was “hardly a surprise”, Crest Nicholson’s profit warning has “laid bare the the scale of the impact of a housing slowdown on the housebuilding sector.”

Sales of new homes have plunged alarmingly and, while not all developers in the space are created equal, the news, allied to Rightmove’s latest reading on the property market, has had a knock-on effect on share prices in the rest of the sector this morning.

The £7,000 drop in the average asking price observed by Rightmove in the last month, allied to a big drop in transaction volumes, is the kind of statistic to make estate agents distinctly uneasy.

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Nerves build as India moon mission prepares to make first successful south pole landing

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Chandrayaan-3 moves into prelanding orbit amid failure of Russian mission

As it was announced that Russia’s first lunar mission in 47 years had crashed on to the moon, India’s own mission, the Chandrayaan-3 lander, moved into prelanding orbit.

News on Sunday of the Russian failure was met with excitement and nervousness in India: excitement that India was now poised to win the race to become the first country to land a craft on the moon’s south pole; nervousness that its mission could also go horribly wrong at the last moment.

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North Korea abruptly cancels first post-Covid international commercial flight

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Air Koryo flight from Pyongyang cancelled two hours after its scheduled arrival in Beijing

North Korea’s national airline’s first commercial flight since it largely closed itself off from the world in early 2020 in response to the Covid pandemic has been abruptly cancelled.

Journalists gathered on Monday at Beijing’s Capital international airport to await Air Koryo flight JS151 from Pyongyang, due to arrive at 9.50am.

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China cuts key interest rate amid economic slowdown

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Central bank reduces one-year loan prime rate but surprises analysts by leaving five-year rate unchanged

China’s central bank has cut one of its key lending rates but left another unchanged, surprising economists who had expected more forceful action to support economic growth amid widespread concerns over its path.

The world’s second-largest economy is in the midst of a slowdown, and has slipped into deflation with prices falling year on year as slowing domestic spending weighs on the country’s post-Covid economic recovery.

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China sends dozens of warplanes near Taiwan after vice-president’s US stopover

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Chinese state media says military exercises involving planes and vessels were intended as a ‘stern warning’ against colluding with ‘foreign elements’

China launched military drills around Taiwan on Saturday as a “stern warning” after voicing anger over a stopover in the United States by the island’s vice-president, William Lai.

Lai – the frontrunner in Taiwan’s presidential election next year and a vocal opponent of Beijing’s claims to the island – returned on Friday from a trip to Paraguay during which he stopped briefly in New York and San Francisco.

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China’s property crisis deepens with developer Country Garden at risk of default

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Evergrande has filed for bankruptcy protection and firms covering 40% of Chinese home sales have defaulted

China’s property crisis has deepened with two major developers facing severe financial difficulties that threaten to send shock waves through the country’s economy and beyond.

Evergrande, the poster child for the woes of China’s property sector, filed for chapter 15 bankruptcy protection in New York on Thursday. The provision permits the company to protect its US assets and will allow cross-border bankruptcy proceedings as it undergoes a restructuring.

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China’s struggling property giant Evergrande files for bankruptcy protection in US

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The company’s chapter 15 protection will protect its US assets while it attempts a restructuring deal

China’s Evergrande Group, the world’s most heavily indebted property developer and the poster child for the country’s property crisis, has filed for bankruptcy protection in a US court.

The company sought protection under chapter 15 of the US bankruptcy code, which protects its US assets while it attempts a restructuring deal. The code also provides mechanisms for dealing with insolvency cases involving more than one country.

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China’s army filmed apparently preparing for conflict in Taiwan strait

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Propaganda video shows troops running past anti-landing barricades similar to those that dot Taiwan’s coast

China’s army released a propaganda video showing soldiers preparing for a conflict in what appears to be the Taiwan strait.

The one-and-a-half-minute video, published on the Eastern Theatre Command’s official WeChat account on Thursday, is titled “Reading the Strait” and shows soldiers in combat gear doing press-ups under crashing waves, a tank battalion driving into the sunset and troops running up sandy shores past anti-landing barricades, similar to those that dot Taiwan’s coast.

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China renews crackdown on corruption in healthcare

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At least 177 officials reportedly under investigation amid revival of Xi Jinping’s decade-old anti-corruption drive

China’s graft-busters have set their sights on the country’s healthcare sector, in what has been described as the biggest crackdown on corruption in the history of the industry.

At least 177 hospital bosses and Chinese Communist party (CCP) secretaries have been placed under investigation this year according to local media reports – more than double the number last year. In a press conference on Tuesday, the National Health Commission (NHC) said the campaign would focus on people who had used their position to procure kickbacks and corruption in the pharmaceutical sector, the state tabloid the Global Times reported.

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