Beijing , May 25: China is facing a large income gap between its rich and poor, shows China’s income distribution statistics.   China’s Gini coefficient has grown sharply to 0.466 points in 2021, which is above the warning level set by the United Nations of 0.4. By comparison, countries such as...
Around the time that the F.B.I. was examining the equipment recovered from the Chinese spy balloon shot down off the South Carolina coast in February, American intelligence agencies and Microsoft detected what they feared was a more worrisome intruder: mysterious computer code appearing in telecommunications systems in Guam and...
Beijing , May 24: The 2023 Xizang Development Forum, organized by the Chinese government, is currently being held in Beijing. The "forum is nothing more than a farce, serving as a propaganda tool for the Chinese Communist Party (CCP)" to demonstrate its version of development in Tibet. This forum reportedly aims to showcase the "development situation...
A state-sponsored Chinese hacking group has been spying on a wide range of U.S. critical infrastructure organizations, from telecommunications to transportation hubs, Western intelligence agencies and Microsoft MSFT.O said on Wednesday.   The espionage has also targeted the U.S. island territory of Guam, home to strategically important American military bases, Microsoft...
TAIPEI: The Ministry of National Defense (MND) tracked seven Chinese military aircraft and seven naval vessels around Taiwan between 6 a.m. on Wednesday (May 24) and 6 a.m. on Thursday (May 25).   Of the seven People’s Liberation Army (PLA) aircraft, two were monitored in Taiwan’s air defense identification zone (ADIZ),...
HONG KONG: Communism was supposed to create workers' paradises, but history demonstrated that was a forlorn hope. China, the global factory, makes much of its outstanding economic growth, but economic coercion internationally, and forced labor abuses at home, are very much part of the Chinese Communist Party's (CCP) equation.   For...
NEW DELHI: India on Monday unveiled an action plan encompassing health, renewable energy and cyber-security to bolster cooperation with Pacific island states amid China’s efforts to increase its influence in the area, with Prime Minister Narendra Modi telling regional leaders that New Delhi will stand by them as a friend. The action...
With the Chinese economy still not out of the woods and experts already having started punching holes in Xi Jinping’s resurgence narrative after the country abandoned its draconian ‘Zero Covid’ policy, the pandemic seems poised to hit it hard once more. Covid19 cases are expected to peak at 65...
Many Chinese companies are still struggling with overdue payments, despite modest improvement following Beijing’s reopening of borders that ended nearly three years of zero-Covid controls, according to a new report. Coface, a global trade credit insurance group, said on Tuesday in its latest China Corporate Payment Survey, involving 1,000 Chinese...
Beijing , May 17: China is not planning to spend USD 58 billion on the construction of the China-Pakistan Railway project, and no feasibility study for this proposed project has been completed or approved, said The Diplomat refuting media reports about the rail connectivity project. Earlier, China-based South China Morning Post, on April 27, reported that a...