8 January 2020

Greater China

  • Elon Musk dances onstage during a delivery event for Tesla China-made Model 3 cars in Shanghai on Tuesday. Photo: Reuters

    Musk launches Tesla Model Y SUV program in China

    Jan 8, 2020 9:49am
    Tesla on Tuesday launched the?Model Y electric sports utility vehicle program at the firm’s new Shanghai factory, as it delivered its first cars built outside the United States to the public. CEO Elon Musk caused a...
  • China’s Generation Z is not quite as obsessed with foreign brands as those born in the 1980s and 70s, research suggests. Photo: Reuters

    A closer look at China’s Generation Z

    - Jan 7, 2020 4:27pm
    China’s state mouthpiece Xinhua has published a report on the lifestyle of the Generation Z (defined as those born after 1995), shedding light upon their likes, dislikes and shopping behavior. The report was jointly released with...
  • The Hong Kong situation has been worrying in the past half year, says Luo Huining, the new head of Beijing's representative office in Hong Kong. File photo: Reuters

    Hope HK can return to ‘right path’: new liaison office chief

    Jan 6, 2020 12:23pm
    Beijing’s newly-appointed head of its Hong Kong liaison office said on Monday that China strongly supports the special administrative region and that it is hoped the territory will return to “the right path”. In his first...
  • Luo Huining, 65, was until November the top Communist Party official in the northern province of Shanxi. Photo: Reuters

    Beijing replaces HK liaison office head amid unrest

    Jan 5, 2020 7:11am
    China has replaced the head of its Hong Kong Liaison Office, the most senior mainland political official based in the Chinese-controlled territory, following more than six months of often-violent anti-government protests in the city. China’s Ministry...
  • Tsai Ing-wen talks to the media on Dec 25 as Taiwan prepares for the Jan 11 presidential contest. For the pan-green coalition, the passage of an anti-infiltration bill on Tuesday was like a big gift for the New Year. Photo: Reuters

    Why anti-infiltration law will help Taiwan’s pan-green coalition

    - Jan 2, 2020 5:38pm
    On the final day of 2019, an anti-infiltration bill proposed by the ruling Democratic Progressive Party (DPP) passed the third reading in Taiwan’s legislature despite a sit-in protest staged by lawmakers of the opposition Kuomintang (KMT)....
  • The People’s Bank of China has referred to its latest RRR cut as a ‘counter-cyclical’ measure to support economic growth and improve the access to financing. Photo: Reuters

    China makes another move to support economic growth

    - Jan 2, 2020 5:06pm
    China’s economy has shown much?resilience last year despite a series of internal and external challenges, including swine flu, trade war, and the unrest in Hong Kong. Though the economic performance is commendable, authorities still need to...
  • The United States sold Taiwan 60 UH-60M Black Hawk helicopters in 2010, but it is not clear if the helicopter in Thursday’s incident was one of them. Photo: AFP

    Taiwan military chief among eight dead in helicopter crash

    Jan 2, 2020 3:51pm
    Taiwan’s top military official was among eight people killed on Thursday after the helicopter carrying them made a forced landing in a mountainous area near the capital Taipei, Reuters reports, citing the defense ministry. The main...
  • An Indonesian official points at the location of North Natuna Sea on a map of Indonesia. Photo: Reuters

    Indonesia rejects China’s claims over South China Sea

    Jan 2, 2020 7:55am
    Indonesia said it rejects China’s claims over a disputed part of the South China Sea as “having no legal basis”, after earlier protesting to Beijing over the presence of a Chinese coastguard vessel in its territorial...
  • Evergrande founder Xu Jiayin is not giving up on a fight with a mainland businessman who had registered the billionaire tycoon's name as a trademark. Photo: Reuters

    A Chinese property tycoon fights an unusual trademark battle

    - Dec 31, 2019 4:58pm
    Mainland property tycoon Xu Jiayin, founder of China Evergrande Group (03333.HK), surprisingly lost in a lawsuit against a company that uses the billionaire’s name as a trademark. In 2013, a Chinese businessman named Chen Huanran registered...
  • China has tightened restrictions on religions seen as a challenge to the authority of the ruling Communist Party, Photo: Reuters

    Prominent Chinese pastor gets 9 years in jail for subversion

    Dec 31, 2019 9:59am
    The pastor of one of China’s best-known unregistered “house” churches was sentenced to nine years in prison on Monday on charges of inciting subversion of state power, Reuters reports. Wang Yi, pastor of the Early Rain...
  • China has jailed a scientist who caused an international furor by creating the world's first gene-edited babies. Photo: Bloomberg

    China court hands 3-year jail term to ‘gene-editing’ scientist

    Dec 31, 2019 9:36am
    A Chinese court on Monday sentenced a scientist who created the world’s first “gene-edited” babies to three years in prison,?Reuters reports, citing state media. He Jiankui was convicted of?illegally practicing medicine and violating research regulations.? In...
  • China aims to lower the cost of borrowings for enterprises as part of efforts to protect the employment market. Photo:

    China moves to stabilize job market, bring down funding costs

    - Dec 30, 2019 4:57pm
    As economic growth slows, China is moving quickly to ease the downward pressure on the job market. The official unemployment rate this year has gone up to 5.1 percent, up 0.3 percentage points from the year...
  • Tesla's China chief Zhu Xiaotong and staff members attend a delivery ceremony for China-made Tesla Model 3 vehicles at the firm’s Shanghai factory on Monday. Photo: Reuters

    Tesla begins deliveries of China-made Model 3 cars

    Dec 30, 2019 12:17pm
    Tesla on Monday began delivering Model 3 vehicles built at its Shanghai factory, marking the occasion with a ceremony during which 15 of its employees received cars they had purchased, Reuters reports. The event means the...
  • China's central bank has ordered financial institutions to use a new benchmark for floating rate loans from Jan 1. Photo: Reuters

    China to switch benchmark for floating-rate loans

    Dec 30, 2019 9:58am
    China’s central bank will use the loan prime rate (LPR) as a new benchmark for pricing existing floating-rate loans, a move that could help lower borrowing costs and underpin economic growth, Reuters reports. Starting on Jan....
  • China has scrapped the 'custody and education' system for sex workers and their clients. File photo: Reuters

    China ends extra-judicial forced labor for sex workers

    Dec 30, 2019 9:50am
    China’s parliament abolished on Saturday an extra-judicial system of forced labor used to punish sex workers and their clients for up to two years, Reuters reports, citing state media. The National People’s Congress voted to scrap...
  • China is taking steps to streamline listing procedures for firms eager to go public. Photo: Bloomberg

    China sets out move to liberalize IPO rules

    Dec 30, 2019 9:24am
    China will gradually liberalize rules governing initial public offerings (IPOs), expanding a simple registration-based route to market rather than the current system of pre-approval by regulators, Reuters reports, citing an amended Securities Law that was approved...
  • Smaller cities will benefit from the relaxation of China’s household registration system as they get to draw in migrants from other parts of the country to help boost labor supply and local consumption. Photo: Reuters

    Small cities to get a lift as China relaxes ’hukou’ system

    - Dec 30, 2019 8:00am
    China is eliminating the hukou, or household registration system, in cities with less than 3 million residents and relaxing the rule in cities with populations of 3 million to 5 million, according to a statement released...
  • Working under tight time pressures and constant watch of their employers as well as customers, delivery service personnel in China are a stressed out lot. Photo: Bloomberg

    A crime spurs debate on work conditions of China delivery people

    - Dec 27, 2019 12:09pm
    A delivery man of Meituan Dianping, a food delivery giant in China, stabbed a supermarket employee to death a few days ago. The tragedy raised concerns about the poor treatment of deliverymen and the immense work...
  • Chinese President Xi Jinping delivers a speech in Macau on Dec. 18 with the territory’s outgoing leader Fernando Chui standing at his side. With Chui giving way to a new CE, there is speculation in relation to his political future. Photo: Reuters

    Will Macau’s Fernando Chui be elevated to the CPPCC?

    - Dec 27, 2019 11:18am
    Hot on the heels of the inauguration of Ho Iat-seng as Macau’s third chief executive last Friday, there is chatter within the political circles as to whether his predecessor Fernando Chui Sai-on can advance his political...
  • A Chinese court has convicted the former chairman of Hengfeng Bank of corruption and other misdeeds. Photo: Bloomberg

    Hengfeng Bank ex-chair sentenced to death with 2-year reprieve

    Dec 27, 2019 9:57am
    The former chairman of China’s troubled Hengfeng Bank has been sentenced to death with a two-year reprieve, Reuters reports. Jiang Xiyun was convicted of corruption, receiving bribes, illegally issuing financial notes, and illegally destroying accounting vouchers...