Category: China News

💥 Recent attention has been focused on China’s economy, which could pose the biggest geopolitical risk this year. The sluggish economy is directly linked to the downtrodden social sentiment, which is affecting market confidence. Source:https://www.voacantonese.com/a/deng-yuwen-on-chinese-dissatisfaction-mood-in-society-20230828-ry/7244000.html

🚨 According to “China Dissent Monitor” by the non-profit organization “Freedom House,” labor and housing protests in China have surged in the past year due to economic slowdown and financial uncertainties in real estate companies. […]

🔥 Hong Kong customs and Australian authorities jointly crackdown a major drug trafficking case, seizing around 240kg of suspected methamphetamine, worth HK$170 million (approx. SGD29 million) and arresting four men. This is the largest methamphetamine […]

🔥Taiwan government guarantees the health and safety of its citizens by strictly monitoring and disclosing testing results for seawater, seafood, and imported fish from Japan after the Japanese government’s decision to discharge Fukushima nuclear wastewater […]

🔥 US Commerce Secretary Gina Raimondo arrives in Beijing on August 27 for a four-day visit, aiming to enhance the business relationship between the world’s two largest economies and firmly states that US national security […]

🔥China halves securities transaction stamp tax to boost investor confidence and revive the second-largest stock market amid economic slowdown. Effective Monday, it’s the country’s first tax cut since 2008. Source:https://www.voacantonese.com/a/china-halves-stock-trade-tax-to-boost-market/7243926.html

🔥 China’s Ministry of National Defense will host the 3rd China-Africa Security Forum in Beijing starting Monday (August 28, 2023), inviting defense leaders from nearly 50 African countries to enhance strategic communication and contribute to […]

💥China’s property giant Evergrande resumed trading on Monday after 17 months suspension, with its stock price plummeting 86.7%, turning into a low-priced stock. The company claimed to have “fully” complied with the resumption requirements set […]

🔥 China’s defense ministry announced on Monday that China and Singapore will hold “Cooperation-2023” joint army training from late August to mid-September, marking a resumption after the pause due to the COVID-19 pandemic. Source:https://www.voacantonese.com/a/singapore-china-set-to-resume-military-exercise-after-pandemic-20230828/7243898.html

🚨 A-shares opened high but closed with minimal gains after positive policies were announced by the Chinese government over the weekend, with the Shanghai Composite Index briefly breaking 3200 points but ultimately falling below 3100 […]