China’s youth unemployment rate falls to one-year low as labor market shows signs of improvement

China’s youth unemployment rate declined to its lowest level in a year in June, according to official data, offering a positive signal for the country’s labor market despite continued challenges facing young job seekers. Figures released by the National Bureau of Statistics (NBS) showed that unemployment among people aged 16 to......

China intensifies landslide rescue as explosives deployed to reach missing victims

Chinese rescue teams have escalated search operations in southwestern China, using controlled explosives to remove massive boulders blocking access to dozens of people who remain missing after a deadly landslide triggered by torrential rainfall. The operation entered its third day on Monday as emergency responders raced against time in challenging......

CXMT's $8.6 billion IPO draws strong backing despite cautious chip market sentiment

Chinese semiconductor manufacturer CXMT Corp has secured robust institutional support for its $8.6 billion initial public offering, even as global volatility in semiconductor equities has tempered investor enthusiasm across the technology sector. According to the company's latest regulatory filing, institutional demand exceeded the number......

Jingye demands compensation after UK nationalises British Steel

China's Jingye Steel has called on the United Kingdom to provide full financial compensation following the government's decision to nationalise British Steel, escalating tensions over one of the most significant industrial interventions in the country's steel sector in recent years. In a statement released on Sunday, the Chinese......

Taiwan’s president urges unity to defend democracy amid renewed pressure from China

Lai Ching-te has urged the people of Taiwan to unite in defense of the island’s democratic system, warning against growing pressure from Beijing and insisting that Taiwan must never become part of China. Speaking at the annual congress of the ruling Democratic Progressive Party (DPP) in Taipei on Sunday, Lai said safeguarding democracy......

North Korean foreign minister visits Russia as Moscow and Pyongyang deepen strategic ties

Choe Son Hui arrived in Russia on an official visit at the invitation of Russian Foreign Minister Sergey Lavrov, highlighting the continued strengthening of relations between Moscow and Pyongyang. The visit comes as the two countries expand diplomatic, military and economic cooperation, a partnership that has grown significantly since Russia......

China warns of possible response after UK nationalises British Steel

China has signaled that it may take action following the United Kingdom’s decision to nationalise British Steel, stating that it will closely monitor developments and protect the lawful interests of Chinese businesses if necessary. The statement from China’s Foreign Ministry comes after the British government completed the takeover......

China launches international AI organization with 29 founding members

China has announced the creation of a new international organization dedicated to artificial intelligence (AI) cooperation, bringing together 29 founding member countries in a move that highlights Beijing's growing ambition to play a leading role in shaping global AI governance. The new organization, headquartered in Shanghai, includes......

Xi Jinping calls for global AI governance and international cooperation

Chinese President Xi Jinping has called for stronger international cooperation and coordinated regulation of artificial intelligence, arguing that the technology should not be dominated by any single country. Speaking at the opening of the World Artificial Intelligence Conference (WAIC) in Shanghai, Xi described AI development as a global......

China condemns new U.S. visa restrictions and warns of reciprocal measures

China has strongly criticized new U.S. visa regulations, describing them as "discriminatory" and warning that it could respond with reciprocal measures if Washington does not reverse the policy. Speaking at a press briefing in Beijing, Chinese Foreign Ministry spokesperson Lin Jian urged the United States to withdraw the new rules,......

Taiwan says China is increasing diplomatic pressure after Papua New Guinea office closure

Taiwan has accused China of intensifying efforts to isolate the self-governed island internationally after Papua New Guinea announced it would close Taiwan's representative office in the country. Speaking in Taipei, Vice President Hsiao Bi-khim said Taiwan was facing an increasingly difficult diplomatic environment because of what she......

Shein moves closer to major Hong Kong IPO targeting up to $3 billion

Fast-fashion giant Shein is moving closer to launching one of the largest initial public offerings (IPOs) in Hong Kong in recent years, with reports indicating the company aims to raise between $2 billion and $3 billion through its planned stock market debut. According to market sources, the company has made significant progress in the regulatory......

Rights organizations urge Thailand to halt deportation of Chinese investigative journalist

International human rights organizations have called on Thailand to refrain from deporting Chinese journalist Bai Zhaodong, warning that his return to China could expose him to political persecution and the risk of torture. The appeal adds to growing international scrutiny over the treatment of journalists and dissidents seeking protection......

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