Thirst for fun fuels IPOs doubling investors’ money

As a boy in China in the 1970s, Jason Zhuang Xiangsong was captivated by comics based on the legendary Monkey King and dreamed of creating a Chinese version of Astro

South China Sea | US Pacific Fleet shrinks even as Beijing grows more aggressive

When the U.S. wanted to show the world it didn’t recognize what it called China’s “excessive” territorial claims in disputed waters of the South China Sea this fall, it sent

US opposes runway test on artificial island

The United States said that China’s recent test of a newly completed runway on one of seven islands Beijing has constructed in the disputed South China Sea raises tensions and

Liquor baijiu takes a shot at the US cocktail scene

Think bourbon is hot? It’s got nothing on baijiu. Yet chances are good you haven’t even heard of baijiu, the high proof, pungent, spicy, savory, sweet traditional liquor of China. It

Beijing says pollution lessened in 2015 despite smog alerts

Environmental authorities in Beijing say air quality improved in 2015, a year in which they issued the city’s first two red smog alerts and showed a greater willingness to disrupt

Parents protest to get 2nd children registered

Chinese parents who had children outside the country’s one-child policy protested outside the family planning commission yesterday in an attempt to have their fines canceled now that all couples are

Missing booksellers have CY Leung ‘highly concerned’

Hong Kong’s leader said yesterday that he was “highly concerned” about the recent disappearances of five people associated with a publishing company in the city that specializes in titles critical of

China stocks dive nearly 7 percent, trading halted

Shanghai’s stock index plunged nearly 7 percent yesterday, sparking a halt in trading of Chinese shares, after weak manufacturing data and Middle East tensions weighed on Asian markets. The Shanghai Composite Index

Survey | Factory conditions weaken for 10th month

The Caixin/Markit index, based on a survey of factory purchasing managers, fell to 48.2 in December from 48.6 the previous month. The index uses a 100-point scale with numbers above 50

Xinhua Insight | How will the ASEAN Community influence China?

East Asia formed its first cross-nation union, the ASEAN Community, at the turn of the new year, which is expected to lead the region into a new stage of integration

Philippines follows Vietnam in opposing PRC’s runway test

  The Philippine government said yesterday that like Vietnam, it opposes China’s recent test of a newly completed runway on one of seven islands Beijing has constructed in the disputed South

29,000 officials punished in 2015 ‘frugality campaign’

The Communist Party of China (CPC)’s top anti-graft body yesterday said some 29,000 officials were reprimanded for violating austerity rules in the first 11 months of 2015, bringing the total

Cui Jian says his music hasn’t changed but China has

China’s godfather of rock Cui Jian says his basic message of personal freedom hasn’t changed in his new album, even if the world has. The rocker, who fell out of favor with the government

Policy risks to watch after a year of living dangerously

Economic policy missteps loomed large over China’s economy this year, ranging from a controversial stock market bailout, to a yuan devaluation that roiled global markets to a financing crunch for

HK police open missing person case on bookstore co-owner

Hong Kong’s police department classified the disappearance of a bookstore’s co-owner as a missing person case. Lee Bo, a major shareholder of Causeway Bay Books, which specializes in material critical of

Ai Weiwei wants to raise awareness about refugee crisis

Chinese artist Ai Weiwei wants to raise consciousness about the plight of refugees through his, and his students’, art. Ai, who has made his name as much through his clashes with

Three new army units set up to modernize military

China has created three new military bodies as part of reforms to modernize its military — the world’s largest standing force — and improve its fighting capacity. State television on Saturday showed

Environment | China to halt new coal mine approvals amid pollution fight

  China will stop approving new coal mines for the next three years and continue to trim production capacity as the world’s biggest energy consumer tries to shift away from the fuel

Wind, solar power capacity to increase in 2016

China, the world’s biggest clean energy investor, plans to increase wind and solar power capacity by more than 21 percent next year as it works to reduce greenhouse gas emissions by cutting its reliance

China, Taiwan inaugurate upgraded hotline between sides

  Cabinet officials from China and Taiwan have spoken for the first time using a newly inaugurated hotline, the latest effort to build trust between the longtime rivals. The link that went into service yesterday represents

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