China took a big leap recently with a rocket test. This rocket, known as Longxing-2, aimed to reach high altitude and then land back safely. No surprises there, but what's interesting is that China hasn't shared the result yet. It's been over a day since the test, and we're still waiting for news.
On Wednesday, Russian President Vladimir Putin and Chinese President Xi Jinping had a friendly chat over the phone. They talked about how their countries are best buds, and nothing – not even politics or what's happening in the world – can change that. This phone call happened just a day after Donal
China has restated its dedication to collaborating globally on key issues, contrasting with the US's recent decisions. President Trump pulled the US out of the World Health Organization (WHO) and the Paris Climate Agreement again. Some experts believe this could give China a chance to boost its glob
In November, China witnessed two shocking attacks that left many dead. A man named Fan Weiqiu, 62, drove his car into a crowd at a sports center in Zhuhai, killing 35 people. He was executed three weeks after being sentenced to death. The attack was fueled by his distress over a failed marriage and
As the Chinese yuan continues to slip, the country's central bank chose not to alter its benchmark lending rates on Monday. The decision comes as the incoming U. S. President Donald Trump is set to take office, a move that's sparked uncertainty in the financial markets. The People's Bank of China (P
Climate change is a massive global problem, and China's got a plan: the "dual-carbon" target. This means companies that pollute a lot, especially in the heavy industry, have to cut down on their carbon emissions. Sounds tough, right? But there's a twist. When these companies reveal info about their
China's economy is facing a big challenge: companies are becoming more focused on financial assets. This study looked at how the length of time companies hold onto these assets affects their audit fees. Using data from Chinese companies listed on the A-share market between 2009 and 2019, the researc
Former US President Donald Trump and Chinese President Xi Jinping chatted for the first time since 2021. The topic? TikTok! This call happened just hours before the Supreme Court was set to decide the app's fate. A US law about to take effect would have banned TikTok unless its Chinese owner, ByteDa
You might think that China's economy is all about big cities and skyscrapers, but let's look at the reality on the ground. Many shops that sell construction materials are now quiet, with owners hoping for customers to return. This tells us that the real estate market isn't doing so well. But there'
China's population is shrinking for the third year in a row. This might not sound like a big deal, but it's a huge challenge for the country. With fewer people being born and more people living longer, China is facing a shortage of working-age folks. This is a common problem in many places, like Jap
