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World

Beijing Winter Olympics athletes advised to use burner phones in China

The Beijing Winter Olympics app that all Games attendees must use contains security weaknesses that leave users exposed to data breaches, analysts say. The My2022 app will be used by athletes, audience members and media for daily Covid monitoring. The app will also offer voice chats, file transfers and Olympic news. But cybersecurity group Citizen […]

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Insane

KFC faces boycott in China over meal toy promotion that ‘encourages food waste’

A Chinese group has called for the boycott of a KFC meal promotion, saying it encourages food waste. The China Consumer Association (CCA) says the promotion sent some customers into a buying frenzy. KFC launched the promotion last week with Pop Mart, a Chinese toy maker known for its mystery boxes. Customers are able to […]

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Business World

China’s largest private education company sacked 60,000 people after Beijing’s crackdown in 2021

China’s largest private education provider laid off 60,000 employees last year as it grappled with fallout from Beijing’s sweeping overhaul of the industry. Yu Minhong, the billionaire founder of New Oriental Education confirmed the massive shakeup in a post on his WeChat account over the weekend, adding the company encountered “too many changes in 2021.” […]

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World

Sri Lanka asks China to restructure debt repayments amid worsening financial situation

Gotabaya Rajapaksa, the President of Sri Lanka has requested China to restructure its debt repayments as part of efforts to help the South Asian country navigate its worsening financial situation. He made a request during a meeting with Chinese foreign minister Wang Yi on Sunday. In the last decade China has lent Sri Lanka over […]

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World

Beijing fines and issues warning to 7-Eleven for listing Taiwan a separate country

Beijing has fined and issued a warning to 7-Eleven over its website listing Taiwan as a country and displaying maps it said contained erroneous borders for Xinjiang and Tibet. The Beijing municipal government fined the company 50,000 yuan ($7,842) for the “errors” including “wrongful act of assigning Taiwan province as an independent country”. It said […]

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Insane World

Taiwan shares tips on how to use 20,000 bottles of Lithuanian rum it bought bound for China

Taiwan is sharing tips with the public on how to drink and cook with rum after it bought 20,000 bottles of Lithuanian rum bound for China. State-run media said Taiwan Tobacco and Liquor Corp (TTL) purchased the rum after learning that it could be blocked from entering China. It comes after Lithuania established a de […]

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Business World

Evergrande assures investors after officials order demolition of ‘illegal’ buildings

Troubled Chinese real estate developer Evergrande is trying to reassure investors about the impact of an official order to demolish a few dozen buildings in China. Chinese media reported over the weekend that authorities in Hainan province had ordered Evergrande to demolish 39 buildings, saying that the building permits had been illegally obtained. The company […]

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Business World

Chinese real estate giant Evergrande suspends trade in its shares on Hong Kong Stock Exchange

Crisis-hit Chinese real estate giant Evergrande suspended trade in its shares in Hong Kong as investors await news on its restructuring plan. The statement to the stock exchange did not give a reason for the trading halt. Evergrande has more than $300 billion of debts and is scrambling to raise cash by selling assets and […]

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World

Shallow earthquake shakes popular tourist city of Lijiang in southwestern China, 22 injured

At least 22 people have been injured after a shallow earthquake in southwestern China that also shook the popular tourist city of Lijiang. The quake struck on Sunday afternoon on the border between Yunnan and Sichuan provinces, according to the United States Geological Survey (USGS), which put the magnitude at 5.4 and depth at 38km. […]

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World

Japan won’t send government officials to Beijing 2022 Winter Olympics

Japan will not send any senior officials or Cabinet ministers to the Beijing Winter Olympics in February, the government said on Friday. Japan “believes that respect for human rights is important,” Chief Cabinet Secretary Hirokazu Matsuno said at a news conference. “We made a decision comprehensively.” Tokyo Olympics Chief Seiko Hashimoto, Japanese Olympic Committee President […]

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Business

China Mobile: World’s largest network operator aims to raise $8.8 billion in IPO listing

China Mobile, the world’s largest mobile network operator, aims to raise as much as $8.8 billion when it lists its shares in Shanghai. The company was kicked off the New York Stock Exchange due to rules imposed during Donald Trump’s presidency. It joins a growing number of US-listed Chinese firms that are exiting Wall Street. […]

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Entertainment World

Popular Chinese livestreaming influencer ‘Viya’ fined $210.16 million for tax evasion

China’s “queen of livestreaming” has been fined 1.34 billion yuan (approximately $210.16 million) for tax evasion, authorities said on Monday. Internet celebrity Viya, whose real name is Huang Wei, was fined for hiding personal income and other offences in 2019 and 2020, according to the tax bureau in Hangzhou, a city in southern China. She […]