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ASIA

  • Controversial Chinese Real Estate Ad: 'Buy a House, Get a Wife and Gold Bar for Free' The recession in China's real estate market has led to falling home prices and a deepening crisis for real estate companies. As housing is no longer perceived as a safe asset, buying demand is declining, and real estate companies are facing mass layoffs and bankruptcies...
  • Chinese Authorities Rethink Game Regulation Stance to Bolster Economy Domestic game companies' stocks rise on China's signaling of withdrawal of game regulations. China ranks first in domestic game exports with 34.1%. Signs of change as draft regulations are dropped.
  • China Claims Bibimbap and Pasta as Their National Dishes Chinese portal site 'Baidu' claims that Italian pasta originated in China and introduces Korean traditional food as Chinese culture. This shows that China's 'cultural process' is becoming serious. Previously, China claimed kimchi as Chinese culture...
  • China Denies Knowledge of North Korea-Russia Weapon Deal AsiaToday Beijing Correspondent Hong Soondo = The Chinese government has said it is "unaware of the circumstances of the arms deal between North Korea and Russia" in response to a report submitted by the United Kingdom to the United Nations Security Council.
  • China Strikes Back: Retaliation Looms Over Semiconductor Supply Chain Exclusion Chinese Ambassador to the Netherlands "We need to improve dialog with the Dutch government to avoid worsening the situation" China has threatened retaliatory measures in response to U.S. moves to exclude it from the supply chain of advanced semiconductors.
  • China More Likely to Blockade Than Invade Taiwan, Say U.S. Experts Taiwanese voters in the presidential election are more likely to blockade the island than invade it, a survey shows...
  • 15 Million Tons of Lithium Found in Thailand? The Truth Behind the Hype The Thai government's announcement of the discovery of 14.8 million tons of lithium was a mistake. The actual amount of lithium is only 66,600 tons. Thailand still hopes to find lithium.
  • China Discovers Asia's Largest Lithium Mine [TheGuru=Jung Dae-yong] Asia's largest lithium mine has been discovered in China. The reserves are estimated to be about 1 million tons (t), and the mining rights are held by Sungshin Lithium's subsidiary...
  • Massive 7.1 Magnitude Earthquake Rocks China's Xinjiang Region AsiaToday Reporter Lee Jang-won = A 7.1-magnitude earthquake struck China's Xinjiang Uygur Autonomous Region in the early hours of the 23rd, China's Xinhua news agency reported. According to the report, the quake struck at around 2:09 a.m. (local time) in Wus county of northwest Xinjiang Uygur autonomous region's Akersu region. The epicenter was centered at 41 north latitude...
  • Ukraine Crisis Escalates with North Korean Missile Support for Russia AsiaToday By Hamanju Hamanju, Washington Correspondent = Russia has deployed its latest missiles in addition to North Korean-made artillery shells, further aggravating the situation in Ukraine, which is awaiting support for a new air defense network from the United States, the New York Times (NYT) reported on Wednesday...
  • Tragedy Strikes in China: Massive Landslide Buries 47 in Yunnan Province Hong Sun-do, Beijing Correspondent, AsiaToday = China, a country destined to be a safety disaster capital, suffered another major fatality on the morning of Feb. 22. This time, a landslide buried 47 people in a village in the southwestern province of Yunnan...
  • China Demands Philippines' Silence on Taiwan: Tensions Escalate Hong Soondo, Beijing correspondent for AsiaToday = China has strongly urged the Philippines, a country with which it has always been at odds, to stop misleading rhetoric on the Taiwan issue...
  • China's Real Estate Meltdown Deepens: Massive Tax Evasion Claims Send Shockwaves Asia Today Beijing Correspondent Hong Soondo = China's real estate market, which has been hit hard by a spate of bankruptcies at large players, is set to be hit with yet another blow to the chin...
  • Rising Tensions Between China and Philippines: Will the U.S. Intervene? Recently, there has been a standoff between the Chinese and Philippine coast guards in the South China Sea. Philippine fishermen are on high alert./Huanqiu Shibao (Global Times). Tensions are running high between China and the Philippines, whose relationship has soured due to the sovereignty dispute in the South China Sea. It seems possible that unexpected […]
  • Warning from China After Death from Plastic Surgery in South Korea The Chinese Embassy has warned its 'beauty tourists' traveling to South Korea for plastic surgery to be careful about medical disputes...
  • China Knew of COVID-19 Genome Two Weeks Before Global Outbreak, Report Reveals China identified the cause of the COVID-19 outbreak but failed to report it to the WHO, delaying the initial response to the epidemic and the development of a vaccine. It was also reported that a Chinese laboratory had created a mutant virus with a 100% kill rate.
  • China and North Korea Seek Closer Ties: High-Level Meeting Raises Questions AsiaToday Hong Soondo Beijing Correspondent = Liu Jianchao, the Chinese party's top choice for the next foreign minister, reportedly met with North Korean Ambassador to China Ri Ryong Nam at the end of his visit to the United States to discuss China-North Korea cooperation and Korean Peninsula issues...
  • Outrage Over China's 100% Lethal Mutant Corona: 'Madness Must Stop' Social media users are reacting to reports that Chinese researchers are developing a 100% lethal variant of the coronavirus called GX_P2V. The results are deadly and gruesome, with four mice dying within eight days. China's behavior has sparked outrage and criticism...
  • China-Taiwan Tensions at Boiling Point: Concerns Rise Over Taiwan Strait Conflict AsiaToday Beijing Correspondent Hong Soondo = Cross-Strait tensions between China and Taiwan have reached a very dangerous level.
  • China Hits 5% Economic Growth, Negative Prospects for the Coming Year Deflationary crisis, real estate slump, external risks threaten China's economy China's economy grew by 5.2% last year, achieving its target. However, concerns about the Chinese economy, which is facing a deflationary crisis, real estate slump and external risks, remain...
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