Tesla has cut starting prices for its Model 3 and Model Y cars by as much as 9% in China, reversing a trend of increases across the industry amid signs of softening demand in the world’s largest auto market. The price cuts, posted in listings on the electric vehicle giant’s China website on Monday, are […]
Hong Kong CNN — China’s economy is faltering. Unemployment is skyrocketing. Endless Covid lockdowns are wreaking havoc on businesses and people’s lives. The property sector is in crisis. Ties between Beijing and major global powers are under strain. The list of problems faced by the world’s second-largest economy goes on – and many of those […]
CNN — The UK government has warned that current and former British military pilots are being lured to China with large compensation packages to train the country’s armed forces, and said it would take measures to stop such recruitment schemes amid national security concerns. The UK Ministry of Defence (MoD) said it believes that up […]
Hong Kong CNN Business — China has abruptly delayed the publication of key economic data, one day before its scheduled release, as the ruling Communist Party gathers at a major political meeting against the backdrop of a faltering economy. The country’s National Bureau of Statistics updated its schedule on Monday, with the dates for a […]
Editor’s Note: A version of this story appeared in CNN’s Meanwhile in China newsletter, a three-times-a-week update exploring what you need to know about the country’s rise and how it impacts the world. Sign up here. Beijing CNN — During China’s National Day holiday in early October, several expatriate friends and I took our young […]
Hong Kong CNN Business — Even though China’s economy is beset by problems ranging from a real estate crisis to youth unemployment, Xi Jinping did not offer any grand ideas to set the country back on track during his two-hour opening speech at the Communist Party Congress on Sunday. The Chinese leader is expected to […]
Hong Kong CNN — Activists and lawmakers in the United Kingdom are demanding an investigation after a Hong Kong pro-democracy protester was allegedly beaten on the grounds of the Chinese consulate in Manchester. A pro-democracy group called Hong Kong Indigenous Defence Force had staged a protest outside the consulate in the northern city on Sunday, […]
CNN — A young woman stands on her balcony, crying out in desperation after her building was ordered into lockdown. Fighting back tears, she shouts abuse at the hazmat-suited workers below in a video that has recently gone viral on social media platform Weibo and which appears to encapsulate the Chinese public’s growing frustration with […]
Hong Kong CNN Business — Hong Kong’s flagship airline Cathay Pacific is facing “unprecedented” staff shortages and may not be ready to handle a surge in demand, as the city winds up its strict Covid policy and reopens for international travel. A top local union warned Thursday of “a record number of resignations from the […]
The UN rights council on Thursday voted down a Western-led motion to hold a debate about alleged human rights abuses by China against Uyghurs and other Muslims in Xinjiang in a victory for Beijing as it seeks to avoid further scrutiny. The defeat – 19 against, 17 for, 11 abstentions – is only the second […]