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World

Hackers claim to own data of 1 billion Chinese people, demand 10 bitcoins

Hackers claim to have obtained a trove of data on 1 billion Chinese from a Shanghai police database in a leak that, if confirmed, could be one of the largest data breaches in history. In a post on the online hacking forum Breach Forums last week, someone using the handle “ChinaDan” offered to sell nearly […]

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Insane World

China’s real-estate developers accept wheat and garlic as down payments

In China’s depressed real-estate market, desperate developers are accepting wheat and garlic as down payments for rural properties to boost sales. The alternative payment method comes as analysts expect property sales in China to have dropped by 25% from January to June amid China’s zero-Covid strategy. China’s citizens are also shying away from real-estate investments, […]

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World

NATO lists China as strategic priority for the first time

NATO listed China as one of its strategic priorities for the first time, saying Beijing’s ambitions and its “coercive policies” challenge the Western bloc’s “interests, security and values”. The alliance’s new blueprint, or Strategic Concept, that lays out its priorities for the next decade, was approved at a leader’s summit in Spain on Wednesday. The […]

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World

G7 pledges $600 billion funding for the developing world to China’s Belt and Road plan

G7 leaders have detailed plans to mobilise $600 billion in funding for the developing world in a move seen as a counter to China’s Belt and Road plan. The Partnership for Global Infrastructure and Investment (PGII) relaunches a scheme unveiled at last year’s G7 talks in England. US President Joe Biden said the plan would […]

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Business Insane World

Chinese electric car falls from third floor office in Shanghai, two killed

Chinese electric carmaker Nio says that two people were killed when one of its vehicles fell from the third floor of its headquarters in Shanghai. One member of staff and a person from a partner company died in the crash. The incident took place on Wednesday at about 17:20 local time, the firm said. The […]

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World

Russia’s trade with China, India, Brazil, and South Africa jumps 38% amid Ukraine invasion

Russian President Vladimir Putin said Wednesday that trade with China, India, Brazil, and South Africa jumped 38% in the first three months of the year, despite “politically motivated sanctions.” Trade volume with those four countries totaled $45 billion in that time, he said. “Russian oil supplies to China and India are growing noticeably,” Putin said […]

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World

At least eight Russian and Chinese warships cited in seas near Japan

At least eight Russian and Chinese warships have been spotted in the seas near Japan this week, another sign of the apparent pressure the two partners have been putting on Tokyo as relations deteriorate over Ukraine and Taiwan respectively. Japan’s Defense Ministry on Tuesday said its forces had observed five Russian warships led by an […]

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Insane World

Hong Kong’s iconic floating restaurant capsizes in the South China Sea

Hong Kong’s iconic Jumbo Floating Restaurant has capsized in the South China Sea less than a week after it was towed away from the city, its parent company said Monday. The restaurant encountered “adverse conditions” on Saturday as it was passing the Xisha Islands, also known as the Paracel Islands, in the South China Sea, […]

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World

China warns US over attempt to make Taiwan independent could trigger war

China has warned the US that any attempt to make Taiwan independent from China will trigger military action by Beijing’s forces. Chinese Defence Minister Wei Fenghe met his US counterpart Lloyd Austin on the sidelines of an Asian security summit in Singapore. Splitting Taiwan from China would leave the Chinese military with no choice but […]

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World

Shanghai to Covid-19 test more than 12 million residents, sparking fears of new lockdown

Shanghai will carry out Covid-19 testing on more than half of its 25 million residents this weekend, fueling fears of a return to more stringent restrictions just days after the financial hub emerged from two months of painful lockdown. The mass testing announcements sparked fears of a return to stringent, prolonged lockdown among Shanghai residents, […]

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World

Torrential rains in southern China kill at least 25 people, impact millions of residents

Torrential rains in southern China have killed at least 25 people, impacted millions of residents and caused billions of yuan in economic losses, as the country grapples with increasingly devastating flood seasons fueled by climate change. In recent weeks, heavy rainfall has triggered severe flooding and landslides in large swathes of southern China, damaging homes, […]

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World

Chinese military plane crashes in residential area in central China, 1 dead

A Chinese military plane crashed in a residential area in central China on Thursday, killing at least one person, China’s state-run national broadcaster CCTV said. The plane, a People’s Liberation Army Air Force J-7 aircraft, was on a training mission in Hubei province when it crashed, damaging several houses, CCTV said. One resident was killed […]