There are quite a lot of paradoxes and contractions in China under President Xi Jinping. Chief among these is that, while oppressing the country’s religions, notably Christian churches and the Uyghur Muslim minority, the ruling Communist Party of China is functioning not purely as a political party but as a...
China’s Ministry of Housing and Urban-Rural Development has interviewed the main people responsible for the five municipal governments which saw rapid growth in home prices, and ordered them to immediatly crack down on speculation, China Times reported. It was the second time for Haikou and Sanya, two major cities in...
By the end of 2017, the existing talent pool of China’s integrated circuit industry reached 400,000. Based on the rapid development of the sector, that represents a great scarcity of talent, The Paper reported. According to the industry white paper released by China Electronics Information Industry Development Academy and the...
Around July 23, reports emerged that US officials and Taliban representatives held talks in Doha, Qatar. Intriguingly, Afghan government representatives were absent, though both Washington and Kabul have stated that this meeting was held in close consultation with the Afghan government. Nonetheless, this meeting gave rise to debates in different...
Ping An Good Doctor, a Chinese online health consultation and management platform, has announced it will enter the Southeast Asian market, Yicai.com reported. It will establish a joint venture with Grab, the Singaporean O2O platform offering ride-hailing and food delivery services, to become the first company in Southeast Asia to...
A former Filipino migrant worker with a long track record of business failures finally found success when she added her own twist to a traditional Filipino dessert and gained attention online. Princess San Diego, who used to work in Dubai, had already had  around 14 business ideas that failed, but...
The National Wage Council (NWC) of Vietnam has decided to raise the minimum wage rate by 5.3%, starting from January 1 next year. Members of the NWC voted on Monday on a proposal that will be submitted to the government. Initially, the Vietnam General Confederation of Labor (VGCL) proposed an...
Over the past five years, the average annual growth rate of China’s robot industry has approached 30%, though core technologies are yet to see major breakthroughs, The Paper reported. According to Miao Wei, Minister of Industry and Information Technology, in 2017, the total value of the robot sector in China...
Chinese property developer Evergrande Group, which bought into American new energy automaker Faraday Future, is advancing into the electric vehicle sector with great ambitions to make five million cars per year, The Paper reported. The Evergrande Faraday Future Smart Vehicles Group, which will be fully responsible for the R&D and production...
A joint venture co-founded by Wanda, Tencent and Hainan Gaopeng has been launched with a registered capital of 4.6 billion yuan (US $670 million), The Paper reported. The joint venture is called Shanghai Bingsheng Technology Co. Ltd. Wanda Business Management Group, one of the core subsidiaries of Wanda Group, is the...