Good news for residents of Shenzhen’s Pingshan district! Travel time to the bustling Bao’an International Airport will shrink significantly by 2026, with the completion of the Shenzhen-Dayawan Intercity Railway. This exciting project promises to connect Pingshan to the airport in just 40 minutes, streamlining travel and boosting convenience for residents and visitors alike. The intercity...
Guangzhou, China – A devastating bridge collapse in Guangzhou’s Nansha district has claimed the lives of five individuals and left two injured. The incident, which occurred on February 22nd at 5:31 AM, also temporarily isolated the nearby Sanmin Island, impacting its residents. The Lixinsha Bridge collapsed after the container ship “Lianghui 688” made improper maneuvers,...
Hong Kong’s “Top Talent Pass Scheme” is attracting high-skilled professionals with lucrative salaries, but questions linger about its long-term sustainability. Launched in December 2022 to counter emigration and bolster growth, the scheme boasts impressive initial results. The program has attracted over 70,000 applications, with nearly 79% approved and 73% already arriving in the city. These...
A cargo ship collided with the Lixinsha Bridge in Guangzhou, southern China, on Thursday morning, causing a partial collapse and sending vehicles plummeting into the Pearl River below. Authorities are currently managing traffic and investigating the incident, but details about potential casualties remain unclear. Images from state media show the bridge fractured, with the ship...
Chinese banks doled out a record 4.92 trillion yuan (US$684 billion) in new loans in January, marking the highest monthly figure ever and signaling Beijing’s intent to bolster the slowing economy. This figure surpasses the previous January record of 4.9 trillion yuan and December’s much lower 1.17 trillion yuan, exceeding even analyst expectations of 4.67...
Imagine packing 10,000 times more data than a Blu-ray Disc onto a device no bigger than a DVD. This isn’t science fiction; it’s the groundbreaking achievement of a Chinese research team, and its implications extend far beyond simply shrinking data centers. This innovation opens doors to a greener, more efficient, and fundamentally transformed future of...
Hong Kong’s bankers enjoy significantly higher salaries compared to their counterparts in Singapore. A recent report by Bloomberg Intelligence revealed that Hong Kong-based investment banking analysts earn an average of 46% more than their peers in the Lion City. This trend extends to associates, who command nearly 36% higher salaries in Hong Kong. Several factors...
Despite ongoing trade tensions, American companies remain surprisingly keen to manufacture in China. This seemingly counterintuitive trend reflects the complex reality of globalized supply chains and China’s enduring strengths in certain sectors. While headlines often focus on companies moving production out of China, the reality is nuanced. Many U.S. firms still rely heavily on Chinese...
As China’s e-commerce titans continue their global expansion, JD.com has set its sights on the UK with a potential takeover bid for electronics retailer Currys. This move could mark a significant shake-up in the British retail landscape, raising questions about competition, consumer benefits, and China’s growing influence in the international marketplace. Currys, currently the UK’s...
China embarks on an ambitious “data census,” taking stock of its vast and growing digital landscape. This unprecedented project delves into the production, storage, circulation, trade, utilization, and security of information resources across the country. More than just a simple count, this initiative sheds light on China’s evolving digital ecosystem. It aims to paint a...