China new bank loans rise in May, but well below forecasts
Chinese banks extended 950 billion yuan ($130.93 billion) in new yuan loans in May, rising from April but missing analysts' expectations.
Asian news from China
Ukraine war: Japan mulls sanctions on Chinese firms but is it ‘step in right direction’?
Japan’s Prime Minister Fumio Kishida is about to announce sanctions on Chinese companies suspected of assisting Russia’s war in Ukraine, government sources say, even with Kishida yet to unveil the plan at the G7 summit in Italy.
How Southeast Asia’s solar industry can shine in face of US tariff threat
The progress so far is impressive. Southeast Asia has emerged as the world’s second-largest solar module producer, trailing only China. By the end of 2022, the region boasted a total module production capacity of 70 gigawatts, a significant leap from an almost negligible level just a few years ago. This capacity represents roughly 6.4 per cent of the world total of about 1,100GW expected by the end of this year.
Chinese journalist who promoted #MeToo movement sentenced to 5 years in prison
BEIJING (AP) — Supporters say a a Chinese journalist who promoted women’s rights as part of the country’s nascent #MeToo movement has been sentenced to five years in prison on charges of incitement to subvert state authority, almost three years after she and an activist were detained.
AI processor wars burning hot and bright
Apple is the latest in a growing list of challengers to Nvidia, the world’s leading designer of artificial intelligence (AI) processors but China is the only nation that competes with the US in the technology. With market forces short-circuited by US-led technology bans and sanctions, China does so by necessity.
Chinese soccer fans are pouring money into a food stall run by Singapore’s goalkeeper. Here’s why
Chinese soccer fans have poured their love — and money — into a Singaporean goalkeeper’s food stall after his performance in a game this week indirectly helped China advance to the third qualifying round for the World Cup in 2026.
South China Sea: Philippine fishermen protest against new rule for coastguard arrest
Opposition and fishermen groups in the Philippines destroyed a cardboard effigy of Chinese President Xi Jinping outside Beijing’s consulate in Manila on Friday in a protest on the eve of a new regulation allowing the Chinese coastguard to detain foreigners over trespassing in the South China Sea.
Guilty Verdict for Chinese Activists Who Gave #MeToo Victims a Voice
A court in southern China on Friday found a prominent feminist journalist guilty of endangering national security and sentenced her to five years in prison, Beijing’s latest blow to civil society. A labor activist convicted of the same charge got a sentence of three years and six months.