Month: November 2025

China’s embassy in Japan has advised citizens to put travel plans on hold “in the near term”, citing a spike in unprovoked assaults and discrimination. In a security warning issued on social media, the embassy reported a “significant” surge in requests for help since July. “Recently, several Chinese citizens in Japan have reported that they were verbally abused, assaulted and injured for no reason,” it said. The advisory comes as relations between the two countries have hit their lowest level in recent years following Japanese Prime Minister Sanae Takaichi’s suggestion…

China’s industrial profits dropped in October after a strong September, according to official year-on-year data released on Thursday, and analysts are pointing to domestic competition and trade tensions weighing on corporate balance sheets. Profits fell 5.5 per cent from a year ago, reversing a 21.6 per cent surge in September and a 20.4 per cent jump in August, according to figures from the National Bureau of Statistics. For the January-October period, profits earned by Chinese companies of a certain scale rose by 1.9 per cent, slower than the 3.2 per…

The race to launch China’s first reusable rocket is heating up, with three contenders now lined up at the Jiuquan Satellite Launch Centre in the country’s northwest for flights that could make history. Both the Long March 12A and Zhuque-3 are aiming for December lift-offs that will try to reach orbit and bring their first stages back to Earth about 400km downrange. Tianlong-3 is also designed for reuse, but is not expected to attempt a landing on its debut flight. The Long March 12A is aiming for a December launch.…

China has launched a 19-point plan to better align the supply of consumer goods with demand, as Beijing steps up its efforts to rebalance its economy towards a consumption-driven growth model. A document outlining the plan that was issued by the Ministry of Industry and Information Technology and five other departments on Wednesday laid out goals that included the cultivation of three consumption sectors each worth over 1 trillion yuan (US$141.2 billion) by 2027, as well as 10 hotspots worth 100 billion yuan each. The trillion-yuan sectors included products for…