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China

Stocks recover from their morning slump, a day after Wall Street’s worst performance in a month

Stocks on Wall Street are gaining after an early morning slump, a day after the market’s worst performance in a month. The S&P 500 rose 0.3 percent, or 17 points, as of 10:58 a.m. Eastern time on Wednesday after falling…

Linda Sun accused of being an unknown Chinese government agent

Democrat and Chronicle | USA Today Network A former aide to New York Governor Kathy Hochul has been charged with acting as an undisclosed agent of the Chinese government, federal prosecutors in Brooklyn announced Tuesday. Linda Sun, 41, Hochul’s former…

Linda Sun, assistant to the governor of New York, accused of being a China agent

This is an aerial view of Saxony Court, the home of Chris Hu and Linda Sun in Manhasset, New York, July 24, 2024. Sun is the former deputy chief of staff to New York State Governor Kathy Hochul. The FBI…

Linda Sun, former employee of Kathy Hochul, is accused of pursuing China’s interests

Linda Sun, a former aide to New York Governor Kathy Hochul, plotted to advance China’s interests while working for the New York state government, federal prosecutors alleged in an indictment unsealed Tuesday. The indictment accuses Sun of failure to register…

What Qinwen Zheng could mean for tennis and for China

China has about 23 million tennis players and exactly one Olympic singles champion: Qinwen Zheng. She has a nickname, Queenwen, which is either a lame play on her name or it says something. I suspect it says something. At the…

China’s Silicon Valley benefits from high-tech focus: production and investments increase

Shenzhen’s high-tech economic activities have emerged as a bright spot amid China’s sluggish economy, with the southern Chinese city seeing strong growth in advanced industrial production and investment. The value added of the city’s major manufacturers of computers, communications equipment…

Cinema ticket sales in China almost halved in summer due to sluggish economy

WASHINGTON — According to the Film Data Information Network of the People’s Republic of China, an institution directly under the Central Propaganda Administration, movie ticket sales in China have brought in more than $1.5 billion so far this summer, just…

DBS Hong Kong creates spaces that go beyond conventional work and banking environments

The trend toward hybrid work models and coworking spaces is changing the way global professionals work. And some companies are meeting the demand for dynamic coworking solutions by creating workspaces that meet the evolving needs of a diverse workforce. With…

Is the share price crash of Chinese e-commerce giant PDD a buying opportunity?

Shares of Chinese low-cost e-commerce giant PDD plunged on Monday, but some analysts say the stock is still a buy. The Nasdaq-listed shares fell nearly 29% and continued to slide on Tuesday. PDD, which owns discount platforms Pinduoduo in China…

Report outlines Xi’s commitment to fair competition and a “fairer” global sports order

A state think tank has outlined the president’s vision for sport in China, saying the president will push for fair competition and a “fairer and more reasonable” global sports order in which developing countries have a greater say. In his…