The Chinese spy service’s social media debut calls on “all members of society” to fight against espionage

Hong Kong CNN — China’s top-secret civilian espionage service has set up a public account on a major social media platform to call on “all members of society” to join its fight against espionage, offering rewards and protection for those who provide information. The Ministry of State Security oversees intelligence and counterintelligence both in China … Read more

Alipay and WeChat Pay now accept Visa and Mastercard for all payments in China

Hong Kong CNN — For international travelers, visiting China is now much easier. From Friday, Visitors can link their Visa (V) and Mastercard (MA) accounts to China’s most popular mobile payment platforms, allowing them to book taxis, ride the subway and pay for goods and services at millions of outlets across the nearly cashless country. … Read more

Ant Group assessment: Jack Ma’s speech cost Chinese company about $230 billion

Hong Kong CNN — Ant Group has announced a $78.5 billion share buyback, down about $230 billion, or 75%, from the valuation it reached almost three years ago before its IPO was blocked by Chinese regulators became. The company was co-founded by Jack Ma, as was e-commerce giant Alibaba Group (BABA). Ant and Alibaba’s combined … Read more

Controversial Chinese scientist He Jiankui proposes new research on gene editing

Hong Kong CNN — He Jiankui, the Chinese scientist who sparked global outrage in 2018 when he revealed he had created the first genetically engineered children, has come up with a new proposal for manipulating human embryos that he says could help the “aging population” to help. He, who was sentenced to three years in … Read more

LVMH owner Bernard Arnault is reportedly visiting China after luxury spending picks up again

Hong Kong CNN — Bernard Arnault, Chairman and CEO of LVMH, has reportedly traveled to China for his first visit to the country since the end of strict Covid restrictions, after his company saw sales jump on a rapid recovery in Chinese luxury spending. The French entrepreneur is the latest in a string of prominent … Read more

Blinken meets with Chinese Wang Yi, all eyes on the possible meeting with Xi Jinping

Beijing CNN — US Secretary of State Antony Blinken met with China’s top diplomats on the final day of a high-level visit to Beijing aimed at stabilizing ties. All eyes are on if Washington’s envoy will meet Chinese leader Xi Jinping later in the day. With world powers increasingly at odds, there is widespread international … Read more