Posted inEconomy
US creator economy booms
Katie Feeney, an 18-year-old from Olney, Maryland, was in her calculus class on Zoom in November when she learned that a week of posting skits and unboxing videos on Snapchat…
Posted inEconomy
Chinese airlines launch ‘red tourism’ services as CPC celebrates centenary
"Red tourism" which refers traveling to historical sites with a modern revolutionary legacy, is gaining in popularity for domestic tourists. Seeing growing demand, Chinese airlines are making their efforts to…
Posted inEconomy
US prepares for summer air travel spike, may allow more foreigners
US airlines and agencies are preparing for increased domestic air travel this summer even as the government continues to debate whether to allow more foreign travelers to visit. "We've been…
Posted inEconomy
Tariffs could be next on agenda after China, US hold first Biden-era call over trade
Chinese and US senior trade officials on Thursday held what both sides described as "candid" discussions in their first phone call since US President Joe Biden took office, sending a…
Posted inEconomy
Jimmy Lai’s bank accounts were frozen in relation to crimes: Hong Kong police
Hong Kong's security chief John Lee said that media tycoon Jimmy Lai's bank accounts were frozen because the frozen assets are suspected of being involved in crimes under the national…
Posted inEconomy
JD Logistics becomes 2nd-biggest IPO in HK in 2021
JD Logistics, the logistics arm of China's e-commerce giant JD.com, has become the second-biggest IPO in Hong Kong so far this year, with a heavy oversubscription rate. Analysts said investors…
Posted inEconomy
Factories expect higher profits as domestic demand rebounds
Chinese companies that manufacture components and mechanical goods are bearing the brunt of high bulk commodity prices, which are being pushed up by market speculation and US' extremely loose monetary…
Posted inEconomy
Small inland Chinese county makes 90% of coffins in Japan
Caoxian county, a little-known inland county in East China's Shandong Province has become China's latest internet fad built on making 90 percent of coffins sold in Japan. According to Liang…
Posted inEconomy
Alibaba to hire pornography tipsters with enticing bonus on offer
Alibaba Group is looking for pornography tipsters with 1,000 yuan ($156) bonus for successful candidates, according to a recruitment notice reportedly from the company. The notice, issued by Alibaba Security…
Posted inEconomy
Calls rise for better data protection
As China seeks to bolster its world-leading big data industry, which has transformed businesses and people's daily lives, there are calls for more efforts to protect data security. In addition…