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Foreign minister Qin Gang’s mysterious absence and replacement follows a pattern of falls from grace for rising starsQin Gang, China’s erstwhile foreign minister, has officially been replaced by Wang Yi, China’s top diplomat, in a surprise reshuffle th…
Read MoreThe Hurun Rich list shows the Russia-Ukraine war and Beijing’s zero-Covid measures seriously affecting China’s most wealthy China’s super-rich saw their wealth fall by the largest amount in over two decades, as the Russia-Ukraine war, Beijing’s zero-Co…
Read MoreIndia recently overtook UK as the world’s fifth biggest economy – and it could be third by 2030The rise of China has been the biggest story in the global economy in recent decades. But amid concern about its stumbling property market and global fears a…
Read MorePeng Shuai is latest in long line of artists, officials and celebrities to have vanished in recent yearsWhat happened to Peng Shuai?The Chinese tennis player Peng Shuai has not been heard from publicly since she accused a former vice-premier of sexual …
Read MoreBeijing fears ecommerce giant has too much sway over public opinion through stakes in platforms such as Twitter-like Weibo, Wall Street Journal saysBeijing has reportedly told the Chinese e-commerce conglomerate Alibaba to divest its assets in the medi…
Read MoreCustomers ‘shocked’ by descriptions of larger items in RT-Mart, prompting apology for ‘inappropriate’ signA major Chinese retailer has been forced to apologise after one of its stores classified small clothing sizes as “beautiful” and large sizes as “r…
Read MoreFrantic stock sell-offs across sector anticipating ‘monopoly’ rules, with Alibaba shopping site shares falling 9.8%Hundreds of millions of dollars have been wiped off the value of China’s biggest internet companies following two days of frenetic sellin…
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