Workers process seamless steel pipes on a production line in Huai’an, Jiangsu province, China, October 20, 2022. Future release | Getty Images China’s steel industry is struggling as the country’s real estate sector remains in a slump and unable to absorb excess capacity, industry observers told CNBC. “Chinese demand has been a big disappointment for […]
A controversial height-enhancing surgery that involves breaking people’s leg bones has come under fire in China after two people expressed regret at undergoing the procedure. Earlier this month, central China’s Henan TV reported that a woman from eastern China’s Jiangsu province spent 600,000 yuan ($84,000) traveling abroad to undergo surgery to make her 13 centimeters […]
Summary and key points you need to know: The US Air Force (USAF) has an impressive fleet of aircraft, but concerns are growing about its aging capabilities, especially in the face of modern threats such as China. Secretary of the Air Force Frank Kendall is stressing the urgent need for modernization, not only in aircraft, […]
Beijing — Chinese President Xi Jinping pledged to strengthen ties with Fiji in a world plagued by “turmoil” as he met with the Pacific island’s Prime Minister Sitiveni Rabuka in Beijing on Tuesday. China has stepped up its advertising campaign against the South Pacific states in recent years, raising concerns among Western powers that have […]
In recent years, more and more online platforms have been used to launder money through virtual rewards via live streaming and gaming. Virtual currencies, gaming coins, internet platforms and live streaming payments have become new money laundering channels and have more complex and hidden network and chain-like features, the statement said. In February, authorities in […]
As part of a wave of measures to stimulate demand, the Chinese government has announced new subsidies to encourage domestic shipowners to renew their fleets with more efficient, environmentally friendly vessels. The policy is reminiscent of the “scrap and build” subsidy program from the 2008 financial crisis, which helped Chinese shipyards survive during a severe […]
A game developed in China and backed by Tencent Holdings Ltd. has become the fourth most played title on Steam within hours of its release – an unusually rapid rise that may help it cement its place in industry history. Black Myth: Wukong, an action-adventure title based on the escapades of the legendary Monkey King, […]
People try out games at the booth of Game Science during the Gamescom 2023 in Cologne, Germany, Aug. 23, 2023. (Xinhua/Zhang Fan) TAIYUAN, Aug. 20 (Xinhua) — The Monkey King or Sun Wukong, one of the most iconic characters in international fiction, will come to life for fans this Tuesday with the release of the […]
Women’s Lacrosse U20 World Championship: China aims for play-offs after loss to Puerto Rico China’s hopes of reaching the quarterfinals of the U20 Women’s Lacrosse World Championship were dashed on Monday after the team lost 11-16 to Puerto Rico in a close game at the Hong Kong Football Club. China could still make the playoffs […]
Summary and key points: A fire broke out on the former Soviet Kiev-class aircraft carrier Minsk, now in China, causing significant damage. The carrier, which is decaying in a man-made lagoon off the Yangtze River, was previously converted into a failed theme park before being largely forgotten. – The cause of the fire is currently […]
