Hong Kong Bankers Outpace Singaporean Peers with 46% Salary Advantage

Hong Kong’s bankers enjoy significantly higher salaries compared to their counterparts in Singapore. A recent report by Bloomberg Intelligence revealed that Hong Kong-based investment banking analysts earn an average of 46% more than their peers in the Lion City. This trend extends to associates, who command nearly 36% higher salaries in Hong Kong. Several factors … Read more

Manifacturing : US companies still mass produce in China

Despite ongoing trade tensions, American companies remain surprisingly keen to manufacture in China. This seemingly counterintuitive trend reflects the complex reality of globalized supply chains and China’s enduring strengths in certain sectors. While headlines often focus on companies moving production out of China, the reality is nuanced. Many U.S. firms still rely heavily on Chinese … Read more

Chinese E-commerce Giant Eyes UK Expansion: JD.com Considers Currys Takeover Bid

As China’s e-commerce titans continue their global expansion, JD.com has set its sights on the UK with a potential takeover bid for electronics retailer Currys. This move could mark a significant shake-up in the British retail landscape, raising questions about competition, consumer benefits, and China’s growing influence in the international marketplace. Currys, currently the UK’s … Read more

Mapping the Dragon’s Data: China Launches Unprecedented Census of Information Resources

China embarks on an ambitious “data census,” taking stock of its vast and growing digital landscape. This unprecedented project delves into the production, storage, circulation, trade, utilization, and security of information resources across the country. More than just a simple count, this initiative sheds light on China’s evolving digital ecosystem. It aims to paint a … Read more

China’s C919 Takes Flight: Tibet Airlines Orders 40 Domestically Developed Jets at Airshow

Soaring high at the Singapore Airshow, China’s domestically developed C919 single-aisle passenger jet secured a significant new order, marking a crucial milestone for the aircraft and China’s aviation ambitions. Tibet Airlines inked a deal for 40 C919s, signaling not just a successful sale, but several key developments: his landmark deal marks the C919’s official entry … Read more

Tai Chi Outperforms Aerobic Exercise in Taming High Blood Pressure, JAMA Network Open Study Finds

Move over jogging, there might be a new player in town for controlling high blood pressure: tai chi. A recent study published in the prestigious JAMA Network Open on February 9th, 2024, suggests that this traditional Chinese practice could even be more effective than conventional aerobic exercise. This opens the door to exciting possibilities for … Read more

Chinese AI Startup Moonshot Secures $1 Billion, Fueling OpenAI Race

Moonshot AI, a rising star in the Chinese artificial intelligence (AI) scene, has just closed a massive $1 billion funding round. This marks a significant development in the ongoing competition between AI research outfits, particularly in the wake of OpenAI’s impressive advancements. The funding round was led by e-commerce giant Alibaba and venture capital firm … Read more

Elite High School Admissions Case Targeting Asian-Americans Left Unsolved as Supreme Court Declines Review

The Supreme Court announced on Tuesday that it will not hear a case challenging the admissions policy of an elite Virginia high school, accused by some of discriminating against Asian-American students. This decision leaves in place the current system at Thomas Jefferson High School for Science and Technology (TJHSST), which uses a variety of factors … Read more

China’s Gobi Desert Transforms into a Renewable Energy Powerhouse, Surpassing EU and Challenging US Dominance

In the vast expanses of the Gobi Desert, an engineering marvel is transforming China’s energy landscape. A world-leading electricity production and transmission network is taking shape, breathing life into this arid region and offering tangible benefits to the nation. Firstly, clean and affordable energy from this project directly improves the lives of millions. It powers … Read more

Shenzhen Buzzes Back: Record-Breaking Spring Festival Travel Surge

Shenzhen welcomed a phenomenal 9.38 million visitors during the recent eight-day Spring Festival holiday, showcasing a remarkable 79% increase compared to the previous year. This influx signifies a significant rebound in travel enthusiasm following the pandemic’s disruptions, revitalizing the city’s transportation network and local economy. Departure figures mirrored the arrival boom, with a 42% year-on-year … Read more