The Latest Breaking News from China

Hongjiu Fruit Gets IPO Go-ahead but Cash Flow Concerns May Bite

Key Takeaways: Hongjiu Fruit specializes in high-value fruit and was the biggest distributor of branded fresh fruit in China last year in revenue terms  The company’s rapid expansion of new retail channels has raised cash flow risks, with trade receivables surging above 5.9 billion yuan in the first five months…

Benzinga · Aug 4, 2022

Imax China Takes Double Hit From Covid Closures, Dearth Of Hollywood Films

Key Takeaways: Imax China barely remained profitable in the first half of 2022 as Omicron outbreaks and resulting control measures led to theater closures The number of Hollywood films released in China has dropped as well, which makes it difficult for theater operators to draw big audiences By Warren Yang

Benzinga · Aug 4, 2022

NATO chief: No reason for China to overreact

UTOEYA, Norway: China should not overreact to the visit to Taiwan by United States House of Representatives Speaker Nancy Pelosi, North Atlantic Treaty Organization (NATO) Secretary-General Jens Stoltenberg said on Thursday.

Bangkok Post · Aug 4, 2022

How powerful are China’s Dongfeng missiles?

Rockets fired near Taiwanese waters as Nancy Pelosi visit ignites regional tensions

The Independent UK · Aug 4, 2022

China has a new global development initiative, but who will actually benefit from it?

China’s well-publicized Belt and Road Initiative to invest in infrastructure projects in other countries has helped it expand its political influence around the world. But a newer, lesser-known development program has launched with apparently similar objectives.

The Conversation · Aug 4, 2022

Taiwan will not shirk from defending its territory - presidential office

Taiwan will not shirk from defending its territory, in the face of heightened military threats from China, the island's presidential office said in a post on its official Facebook account on Thursday.

Reuters · Aug 4, 2022

Let’s pray Pelosi’s Taiwan trip doesn’t start the next big war

Nancy Pelosi is as tough as old boots. She is 82, she has served two stints as Speaker of the House of Representatives and is third in line to the US presidency. Never let it be said that if she does end up kicking off World War Three in the…

Evening Standard · Aug 4, 2022

Kremlin says China has the right to hold military drills around Taiwan

The Kremlin said on Thursday that China had the sovereign right to hold major military drills around Taiwan and accused the United States of artificially fuelling tensions in the region.

Reuters · Aug 4, 2022

From 7-11s to train stations, cyber attacks plague Taiwan over Pelosi visit

As U.S. House of Representatives Speaker Nancy Pelosi made a brief visit to Taiwan this week that enraged Beijing, the welcome she received from government officials and the public was in sharp contrast with a different sort of message that began popping up elsewhere on the island.

Reuters · Aug 4, 2022

Kim Jong-un's brutal execution of his uncle who he stripped naked and fed to 120 dogs

The uncle of North Korea leader Kim Jong-un who was once described as "despicable human scum, worse than a dog" was savagely murdered after being stripped and eaten by dogs

Daily Mirror · Aug 4, 2022