Developments like these have enticed high-net-worth individuals from the mainland to use Hong Kong as a base to manage their investments and diversify their portfolio. “I am very impressed by the thoughtful and excellent quality of service provided by financial advisers in Hong Kong,” said a businesswoman from Guangzhou who only wanted to be identified by her surname Li and was equally reluctant to furnish details about her investments. She frequently travels between mainland China and Hong Kong to see her two teenage children studying here. “I often seek advice…
Day: February 16, 2024
China’s young adults choose to be ‘full-time children’, paid by their parents to do chores amid record-high youth unemployment
Video | China’s young adults choose to be ‘full-time children’, paid by their parents to do chores amid record-high youth unemployment Amid record-high youth unemployment in China, more young adults have decided to become “full-time children” who are paid by their parents to handle household tasks. They see it as a temporary solution to a tough job market with few opportunities, low wages and long working hours. Even some young people with employment offers on the table have chosen to work for their parents. South China Morning Post
Asia is embracing China’s vision of a peaceful, secure and prosperous future
Without peace, people suffer and development is delayed, even destroyed. China’s vision of a world of lasting peace naturally attracts peace lovers. Second, China’s vision offers a new type of international relations. Under the guidance of the UN Charter, no world war has been seen for almost 80 years. That conflict and wars continue to flare up, and hunger and poverty threaten hundreds of millions of people worldwide, is a reminder that the wanton use of force, enforcement of hegemony and expansionism offer no way out. The Cold War mentality…
As China’s Economy Slows, Labor Protests Pick up
washington — Labor protests in China have increased rapidly since August of last year, according to rights groups, especially in the lead-up to Lunar New Year, which began late last week. Labor protests more than tripled in the fourth quarter of 2023 compared to the same period in 2022, according to data collected by New York-based international rights group Freedom House’s China Dissent Monitor, which tracks protests in China. Analysts say this unrest is linked to poor working conditions and China’s ongoing economic difficulties. The China Dissent Monitor recorded 777…
Chinese start-up EmdoorVR counts on Apple Vision Pro lookalike to break into consumer headset market
From its white straps and curved front screen down to its name, the Vision SE shows remarkable similarities with Apple’s headset. Yet, their functionality and prices are starkly different. A customer tests a Vision Pro headset at an Apple store in Palo Alto, California. Photo: Bloomberg For less than 2,000 yuan (US$280), the Vision SE lets users view videos, web pages and workplace apps in a VR and AR environment through its 5.5-inch LCD display that has 3664 x 1920 pixels combined. But the device, powered by Qualcomm’s entry-level AR…
Myanmar Journalist Shot, Killed While in Military Custody
Media watchdogs are demanding an investigation into the death in military custody of a journalist in Myanmar. Myat Thu Tan, a contributor to the local online outlet Western News, was shot and killed on January 31 while in military custody in the town of Mrauk-U in Myanmar’s Rakhine State, according to reports. The journalist’s body was found, along with six other political prisoners, buried in a bomb shelter, after the Arakan Army, an ethnic armed organization, overran the military camp on February 5. Local media said the bodies showed signs…
300 Myanmar junta troops who fled attack return from Bangladesh
Some 300 members of a junta military unit and a border police force who fled to Bangladesh during an attack by the rebel Arakan Army have been repatriated to Myanmar, according to several Rohingya refugees in Bangladesh. They were returned by sea on Thursday following a handover ceremony in Cox’s Bazar that was attended by five Myanmar junta officials and Myanmar’s ambassador to Bangladesh, a Rohingya refugee told Radio Free Asia. “We learned that five representatives, including a police colonel of the Border Guard Police, came,” the Rohingya refugee said.…
China Rekindles Sister City Ties as Relations Remain Strained
Austin, Texas — As Washington and Beijing move cautiously to mend frayed relations, China is working to boost people-to-people ties, which saw a dramatic decline during the COVID pandemic. Since last fall, China has hosted mayors from more than two dozen sister cities amid a renewed push to rebuild contacts with the 284 cities and states that Beijing says it maintains. The push kicked off with a visit by California Governor Gavin Newsom to China and began picking up steam around the time of last year’s meeting between President Joe…
Taiwanese YouTubers get 2 years for Cambodia kidnapping stunt
A Cambodian court on Thursday sentenced two Taiwanese influencers to two years in prison on incitement charges after the pair staged and broadcast a fake kidnapping. Chen Neng Chuan, 31, who goes by the handle Goodnight Chicken, and Lu Tsu Hsien, 34, who goes by Anow, were arrested on Wednesday after they live-streamed two videos to YouTube on Feb. 12 and Feb. 13 in which Chen claimed to have broken into a scam compound, been beaten and imprisoned, according to Taiwan’s Central News Agency. The videos made headlines in Taiwan,…
Junta’s top cops to lead conscription drive
Myanmar’s junta has appointed police chiefs to oversee conscription across the country as the military regime proceeds with its speedy implementation of a draft law enacted earlier this week. Observers said the move will help prevent Burmese of fighting age from escaping the draft by relocating to “liberated areas” controlled by ethnic armies, while the shadow National Unity Government, or NUG – the civilian government-in-exile – labeled those who enforce the law “war criminals” and vowed to hold them accountable. The draft drive comes as resistance forces and ethnic armies…