Tag Archive

Corruption cases, telco scams surge in China

By ChinaPulse.com

BEIJING – In one of China’s biggest bank frauds, former bank manager Xu Guojun was handed a life sentence in December 2023 for embezzling and misappropriating more than 2.3 billion yuan (S$430 million) between 1993 and 2001.…
This data comes from…

Haidilao Tastes Profit Success With Budget Hotpot Chain

By ChinaPulse.com

Jag_cz/iStock via Getty Images
The Chinese restaurant sector is continuing a run of upbeat results and earnings forecasts, with hotpot giant Haidilao saying its profits surged last year.
As China’s dining-out industry rebounds from the depths of the pa…

Apartment block fire in China’s Nanjing city kills at least 15, officials say

By ChinaPulse.com

At least 15 people were killed and 44 injured in a fire at a residential building in eastern China’s Nanjing city, local authorities said.
The fire broke out early Friday morning, officials said at a press conference, with a preliminary investigation s…

Major companies in China are setting up their own volunteer armies

By ChinaPulse.com

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world.
Hong Kong CNN —
Chinese companies are doing something rarely seen since the 1970s: setting up th…

Analysis Claims China Hiding True Economic Growth Data

By ChinaPulse.com

As China watchers call into question Beijing’s claimed GDP growth figure for last year, a Japanese financial reporter estimates the world’s second-largest economy not only expanded less than reported—but also contracted.…
This data co…

Analysis Claims China Hiding True Economic Growth Data

By MediaIntel.Asia

As China watchers call into question Beijing’s claimed GDP growth figure for last year, a Japanese financial reporter estimates the world’s second-largest economy not only expanded less than reported—but also contracted.
Last month, China’s National B…

Declining fortunes in Xi Jinping’s Year of the Dragon

By ChinaPulse.com

However, China is facing its most challenging economic conditions in decades, meaning the holiday spirit is expected to remain subdued this year even without COVID-19 restrictions. The Dragon is an auspicious zodiac sign in China, which means the year …

Fire in China’s Jiangxi province kills at least 39 people, state media says

By ChinaPulse.com

A fire broke out in a commercial building in China’s southeastern Jiangxi province on Wednesday, killing at least 39 people and injuring nine others, state media said.
Officials for the Yushui district of Jiangxi province said that the fire broke out i…

At least 39 dead after fire erupts at Chinese street market

By ChinaPulse.com

Chinese President lamented another “production safety accident” as at least 39 people were killed in a fire at a street market days after another 14 were killed in a blaze at a school.…
This data comes from the ChinaPulse.com media in…

A fire in China’s Jiangxi province kills at least 39 people, state media says

By ChinaPulse.com

BEIJING (AP) — At least 39 people died and nine people were injured after a fire broke out in China’s southeastern Jiangxi province, state media said on Wednesday.
Rescuers are still trying to reach people trapped in the building, according to state br…