China’s Social Credit System

SOEs accounted for more than three-quarters of sales among China’s top 10 property giants in 2022 State-owned enterprises dominated the ranks of China’s biggest developers by sales in 2022, with SOEs accounting for eight of the top 10 mainland builders, as Beijing’s deleveraging policy battered the country’s private real estate…

Colombo: Days after India strongly backed Sri Lankas’s efforts to secure the loan from the global lender to recover from its worst-ever economic crisis, the island nation has received the financing assurances from China required to unlock a USD 2.9 billion bailout package by the International Monetary Fund. The Sunday…

With 2023 now in full swing, brands are picking up the pace with their Web3 activations. Virtual marketplace DressX is deepening its relationship with fashion label Dundas, while small startups like Syky are pushing to make their names known in the space. Though leading brands will be the ones to…

On January 11, top defence and foreign policy officials from the United States and Japan met to strengthen ties amid concerns about a potential conflict with China. Video / AP China says it has sent its “monsters” to intimidate Vietnam and Indonesia into backing down over a joint gas project…

Just ahead of the Spring Festival, three Chinese astronauts send their greetings from China's space station 400 km above Earth. Produced by Xinhua Global Service BEIJING, Jan. 21 (Xinhua) -- The Shenzhou-15 astronauts Fei Junlong, Deng Qingming and Zhang Lu sent their Spring Festival greetings from China's Tiangong space station…

Before “The Wandering Earth 2” film officially debuts during China’s upcoming Spring Festival holiday, a special watching event was held in Beijing on January 18, allowing guests from the film industry and a scientific advisory team to be the first to watch it. Many reacted positively, claiming that the film…

US-based video game developer Blizzard on January 20 released competition rules for this year’s Hearthstone tournament, showing that players in mainland China will not be able to participate. If they have already found partners for the competition, Blizzard will reevaluate their qualifications. The announcement also shows that the scale of…

BEIJING: A funeral parlour in the Chinese city of Shantou published a tender recently for an "emergency purchase" of two cremation ovens, according to a government procurement database, one of several indications of COVID-19's deadly toll. A funeral service centre in the Sichuan province city of Zigong explained the purchase…

DAVOS - Europe mustn’t get embroiled in a standoff between China and the US, and should instead forge its own path in strengthening economic relations, French Finance Minister Bruno Le Maire said. There is a “slight gap” between how Europe and the US deal with China, he told Bloomberg Television’s…

The intensity of the outbreak has taken her and many others by surprise. “It’s way more severe than I expected, much more severe,” the woman said. “Especially for seniors, whether or not they have had some diseases before, the virus could end their lives.” The hospital here is so busy,…