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The worrying signal behind China’s epic bond rally


The worrying signal behind China’s epic bond rally

Beijing to investors: Stop driving up our bonds. It puts us in a bad light. Beijing to investors: Stop driving up our bonds. It puts us in a bad light. In recent weeks, bond traders have pounced on the perceived safety of Chinese government bonds, sparking an epic buying spree that has pushed yields on […]

China opposes new sanctions against companies that support Russia


China opposes new sanctions against companies that support Russia

The Chinese government reacted angrily over the weekend to the news that 39 companies in China and Hong Kong had been placed on a list of companies that are subject to special export controls when doing business with US companies. The so-called Entity List, maintained by the U.S. Department of Commerce’s Bureau of Industry and […]

China’s bubble tea explosion has created half a dozen billionaires


China’s bubble tea explosion has created half a dozen billionaires

d3sign/Getty Images The explosive popularity of bubble tea in recent years has led to enormous wealth. At least six Chinese bubble tea business owners made fortunes of over a billion dollars. A chain of bubble tea shops is about to go public in Hong Kong with a valuation of nearly $4 billion. The explosion in […]

PetroChina records record profit in the first half of the year


PetroChina records record profit in the first half of the year

Brent Lewin | Bloomberg | PetroChina Co. reported record operating profit in the first half of the year, thanks to strong drilling results and higher oil prices, which helped the company offset weak fuel demand in China. China’s largest oil and gas company reported net profit of 88.61 billion yuan ($12.44 billion) for the six […]

PetroChina posts record profit in the first half of the year


PetroChina posts record profit in the first half of the year

PetroChina reported record operating profit in the first half of the year amid rising crude oil and natural gas production that more than offset weak Chinese fuel demand. PetroChina, the country’s largest oil and gas producer, reported a 3.9% year-on-year increase in net profit to $12.44 billion (88.61 billion Chinese yuan) in the first half […]

Who is Emma Cannon? Machine Gun Kelly’s ex isn’t on Instagram or TikTok, but she was the rapper’s childhood sweetheart and baby mama and reportedly inspired him to write “Her Song”


Who is Emma Cannon? Machine Gun Kelly’s ex isn’t on Instagram or TikTok, but she was the rapper’s childhood sweetheart and baby mama and reportedly inspired him to write “Her Song”

Rapper Machine Gun Kelly – or MGK; real name Colson Baker – recently celebrated one year of sobriety and spoke about this milestone in an episode of Game worth millions of dollars Podcast. While discussing the last year, he told the podcast that his journey to sobriety began with a conversation with his daughter Casie […]

Shanghai’s closed liberal bookstore faces a new resurgence in Washington


Shanghai’s closed liberal bookstore faces a new resurgence in Washington

Jifeng, or “monsoon,” is derived from the store’s slogan: “There’s a crack in everything, and that’s how the monsoon blows in.” JF Books is expected to offer many titles that are not available in Chinese bookstores due to strict censorship. Photo: WeChat/ 季风微读圈 Yu’s post was widely shared online among intellectuals, media professionals and book […]

China and Malaysia join forces to catapult lion dance onto the UNESCO World Heritage List


China and Malaysia join forces to catapult lion dance onto the UNESCO World Heritage List

It is a well-known ancient art form and the lion dance is now to be jointly nominated by China and Malaysia for the UNESCO list of intangible cultural heritage. During Chinese Premier Li Qiang’s maiden visit to Malaysia in June, celebrating the 50th anniversary of bilateral diplomatic relations, he and Malaysian Prime Minister Anwar Ibrahim […]

E-commerce tycoon Huang tops China’s richest people list


E-commerce tycoon Huang tops China’s richest people list

Colin Huang tops the list of richest Chinese thanks to the huge success of retail apps Temu and Pinduoduo (JUSTIN SULLIVAN) E-commerce tycoon Colin Huang has become China’s richest man, according to an index released Friday, capping the rise of the former Google employee whose shopping site Temu lured consumers with low prices and all-powerful […]

China and Malaysia join forces to catapult lion dance onto the UNESCO World Heritage List


China and Malaysia join forces to catapult lion dance onto the UNESCO World Heritage List

The aim of the UN World Heritage list is to contribute to the protection of traditional cultures and living expressions of different civilizations around the world, such as Chinese silk production, Arabic calligraphy or the Thai “Nora” dance. References to the lion dance can be found in writings as early as the fourth century, including […]