China’s Social Credit System

Key Points Antony and Elsa Shum are closing their watch shop in Chinatown after 47 years. At their peak, they operated four branches in Sydney's CBD. The couple contributed to making Chinatown safer after a crime wave in the 1980s. Founded in 1978, Shum's Watches & Jewellery is one of…

He Xiaopeng, chairman and CEO of Xpeng Motors, spoke at a ceremony in Guangzhou on Monday, Sept. 28, 2020. Credit: Xpeng Motors Xpeng Motors is adapting its advanced driver-assistance system for overseas markets outside China this year and could make the feature available to global users as early as 2026,…

Ziroom has received investment from Tencent and Softbank US asset manager Invesco is expanding its bets on the living sector in Asia Pacific through a joint venture with a Tencent-backed apartment management platform to invest in and operate rental housing in China. In a joint statement with Ziroom, which manages…

World Friedrich Merz, who has no previous experience in office, is set to become Germany's chancellor with Europe's largest economy ailing, its society split over migration and its security caught between a confrontational U.S. and an assertive Russia and China. Ruling centre-left party tumbles to third in tally as far-right…

Synopsis President Donald Trump announced that the US will impose reciprocal tariffs on countries like India and China, ensuring fair trade practices. Trump stressed this point during Prime Minister Narendra Modi's visit and reiterated it at Commerce Secretary Howard Lutnick's swearing-in. He emphasized the need for reciprocal tariffs, meaning if…

Europe’s startup scene has entered troubled waters. Long overshadowed by Silicon Valley and now being chased down by China, the continent is urgently looking for boosts. Increasingly, the search is leading to ecosystems.  The ecosystem model creates networks of individuals, organisations, and resources. Their shared expertise and resources can produce a multiplier…

As an expatriate in China, you have unique opportunities to enhance your financial future. In today’s volatile economic climate — marked by fluctuating markets and geopolitical uncertainties — the need to diversify your investment portfolio is clearer than ever. The Importance of Diversification Relying solely on domestic investments can be…

Jiang Zehui sat on the edge of her seat alongside 6,000 spectators, heart pounding as she watched ice hockey players clash at the Asian Winter Games. “The atmosphere was electric,” Jiang told Sixth Tone on the sidelines of the Games in the northeastern city of Harbin this month. “My daughter…

By Ryan Chan is a Newsweek reporter based in Hong Kong, where he previously had over a decade of experience at a local newspaper, covering China and current events around the world. His focus is on security and defense issues in the Western Pacific region. He is a graduate of…

HONG KONG — China is recruiting for a planetary defense force to combat the threat of asteroids colliding with Earth. The successful candidates will be required to research tasks related to near-Earth asteroid monitoring and early warning systems, according to the job description for the three positions, among 16 posted…