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China-US partnerships fueling rapid growth
Business

China-US partnerships fueling rapid growth

By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser. Starbucks landed in China when coffee was still a novelty. Today, one in five stores globally is there. American fast food and retail giants placed the same bet, and cashed in. Now local brands are out-executing them. The fix? Partner with Chinese private equity. Here's why it's working, and what it means for both sides, as CGTN's Vivienne Nunis explains.

US TV networks decline White House pool duties after Trump bans 3 media outlets
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US TV networks decline White House pool duties after Trump bans 3 media outlets

White House TV pool says it ‘will not be covering events designated as pool coverage of the President’, while 3 outlets file lawsuit CNN, MS Now and Politico said on Monday they are suing President Donald Trump and other members of his administration to protect their rights under the US Constitution’s First Amendment after he banned the news outlets from the White House building grounds. The three news organisations said they have notified the government that they were filing their lawsuit in the US District Court for the District of Columbia and could see emergency hearings in the case as soon as this week. CNN was due to be the broadcaster travelling with Trump to New York on Monday ahead of the UN General Assembly but has been removed from that roster. It was unclear which news organisation, if any, would take its place.

China gets closer to Jupiter mission by bringing Nasa’s StarNAV concept to life
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China gets closer to Jupiter mission by bringing Nasa’s StarNAV concept to life

The tech uses subtle shifts in starlight to track speed and position, allowing spacecraft to navigate deep space alone Known as stellar aberration navigation, the approach uses tiny shifts in the relative position of stars to work out how fast a probe is moving and in what direction, allowing autonomous real-time navigation without constantly relying on tracking and commands from Earth. In a low-Earth-orbit experiment in January, the Tianhui-7 satellite used this method to determine its position to within about 5km (3.1 miles), a performance comparable to Nasa’s antenna-based Deep Space Network. Jupiter can be up to 900 million km from Earth, with radio signals taking more than 50 minutes to travel one way. That made it impossible for ground controllers to intervene in real time, wrote researchers from the China Academy of Space Technology – the country’s main spacecraft manufacturer – in a paper that will be published in the Journal of Deep Space Exploration.

Survey finds US public opinion shifting in favour of engagement with China
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Survey finds US public opinion shifting in favour of engagement with China

On the eve of this week’s summit between US President Donald Trump and Chinese President Xi Jinping, Americans feel better about China, according to a poll released on Monday. They see Beijing as less of a threat, are less supportive of Taiwan and are more likely to favour engagement over containment than last year or in 2024, when views hit an all-time low. As with almost everything in the US these days, the Chicago Council on Global Affairs survey revealed a partisan divide. And while the...

No US ruling yet on Air China’s bid for extra flights during Xi Jinping’s visit
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No US ruling yet on Air China’s bid for extra flights during Xi Jinping’s visit

Major American carriers protesting against the bid, saying Chinese rivals gain an unfair edge from access to Russian airspace The US Department of Transportation has yet to announce online a decision on Air China’s application to add extra flights to support this week’s US-China high-level visit as of late Monday, Hong Kong time, after a trade association backed by the largest US airlines protested against the bid. The trade group Airlines for America, which represents major US airlines, filed an objection to Air China’sbid for additional Beijing-New York and Beijing-Washington flights for September 19 and 25, saying it was unfair that American counterparts could not fly over Russian airspace, according to a department document. China on Monday said President Xi Jinping would make a state visit to the United States from Wednesday to Friday. In the September 17 document, the association said “as the department is well aware, Chinese airlines operate with [the] benefit of access to Russian airspace, which provides for shorter, less costly, and more economical routing on flights to and from China and the United States.”

World leaders meet at UN as planet grapples with climate change, wars, runaway AI
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World leaders meet at UN as planet grapples with climate change, wars, runaway AI

Under a global cloud of wars and bitter divisions, world leaders meet at the United Nations in New York this week facing new fears that runaway artificial intelligence could threaten humanity even as climate shocks and escalating prices are already making life much tougher for hundreds of millions of people. The annual high-level gathering at the UN General Assembly will also be consumed with major wars in Iran, Gaza, Ukraine, Sudan, Congo and Myanmar and a persisting question: can the leaders...

Hong Kong school withdraws graduation video guideline on Cantonese after backlash
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Hong Kong school withdraws graduation video guideline on Cantonese after backlash

Good Hope School has expressed regret and withdrawn guidance after a viral post alleged Cantonese was banned from graduation videos A leading Hong Kong secondary school has expressed regret and withdrawn guidelines accused of banning Cantonese from graduation videos after the policy sparked controversy. Good Hope School issued a public statement on Monday evening, saying it had heard concerns from the wider community and had “fully and formally withdrawn” the guidance paper for next year’s Form Six graduation class video. “Good Hope School wishes to state unequivocally that it has never been our ethos to constrain the mother tongue of any child entrusted to our care, and nor shall it ever be. Drawing on our deeply ingrained and cherished culture of biliteracy and trilingualism, we remain dedicated to nurturing young minds,” it said. “We acknowledge, with profound contrition, that our previous document caused distress, misgiving, and sorrow among our students, parents, alumnae and the wider community. For this lapse, the school bears full responsibility.”

Former top PLA generals expelled from Communist Party for factionalism and disloyalty
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Former top PLA generals expelled from Communist Party for factionalism and disloyalty

The Communist Party accused former military leaders Zhang Youxia and Liu Zhenli of factionalism and disloyalty, expelling them from the party and the armed forces following a Politburo meeting on Monday, state media reported. Zhang was once a vice-chairman of the Central Military Commission (CMC) and the highest-ranking uniformed member of the Chinese military, second only to Chinese leader Xi Jinping. The CMC is China’s top military decision-making body. Zhang was also a member of the party’s...

Foreign chambers back Hong Kong 5-year plan, urge progress on Northern Metropolis
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Foreign chambers back Hong Kong 5-year plan, urge progress on Northern Metropolis

Focus on city’s role in helping mainland Chinese businesses go global is attractive to foreign investors, chamber heads say Representatives of foreign business chambers who met Hong Kong’s leader have said the five-year plan provided clear policy priorities for companies’ strategic planning, but called for more concrete timelines and visible progress on the Northern Metropolis project to attract investment. Chief Executive John Lee Ka-chiu held a briefing on Monday for consuls general and heads of foreign chambers of commerce, during which he stressed that Hong Kong’s five-year plan was not a planned economy. The session included representatives from the United States, United Kingdom, Australia and the European Union. “[The five-year blueprint] is a planning process which combines government policy with market forces, allowing everybody to find the best way to achieve the target with the best results and allowing flexibility in the process, making adjustments when circumstances are beyond your control,” he said. After the briefing on Hong Kong’s first five-year plan and the policy address unveiled last Wednesday, some chamber leaders said the road map provided policy certainty.

Subsidised physiotherapy places slashed by third amid graduate job crunch
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Subsidised physiotherapy places slashed by third amid graduate job crunch

Cuts come as physiotherapy graduates face a tight job market amid ongoing healthcare budget constraints and a surge in new practitioners Hong Kong education authorities have cut the number of subsidised places for physiotherapy and occupational therapy programmes at three self-financing institutions by about a third for the 2027-28 school year amid a graduate job crunch. A physiotherapy association backed the reduction to avoid worsening unemployment in the sector, saying any future increase would depend on the government budget. The Education Bureau on Monday announced that its Study Subsidy Scheme for Designated Professions or Sectors (SSSDP) would fund 4,711 places across 59 undergraduate programmes at eight self-financing institutions next year. The overall number of subsidised places fell by 70 compared with the current year, a drop of about 1 per cent.

As AI safety fears mount, can a US-China hotline prevent a global crisis?
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As AI safety fears mount, can a US-China hotline prevent a global crisis?

Washington and Beijing are seeking new ways to manage risks as competition intensifies, though analysts warn establishing effective safeguards may prove difficult The United States and China’s agreement to establish an official AI dialogue, including a proposed threat-notification system, marks a pragmatic step towards crisis prevention in their tech war, even as deep-seated divisions over chip access, model distillation and market dominance threaten to limit its impact, analysts said. Announced following high-level talks in New York on Sunday between US Treasury Secretary Scott Bessent, US Trade Representative Jamieson Greer and Vice-Premier He Lifeng, American officials said the new operational channel built on earlier discussions held in Beijing. While Bessent described the talks on AI and trade as “successful”, analysts cautioned that establishing a communication framework alone would do little to bridge the structural policy and commercial divides separating the two AI superpowers.

South Korea gets a new internet star as Busan shark sighting goes viral
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South Korea gets a new internet star as Busan shark sighting goes viral

Nearly 20,000 visitors flocked to the North Port Waterfront Park over the weekend to see the shark, which has also spawned a flood of memes The shark was first spotted on Friday in the waterway at North Port Waterfront Park, where it has remained for at least four consecutive days despite repeated efforts by the public to catch a glimpse of it. South Korea’s National Institute of Fisheries Science (NIFS) has provisionally identified the animal as a copper shark, also known as a bronze whaler, but experts caution that its exact species has not yet been confirmed. The Korea Coast Guard initially spent about six hours on Friday trying to guide the shark towards the open sea, deploying specialist personnel and patrol vessels, but stopped the operation after fisheries officials warned that forcing the animal through the narrow channel could provoke aggressive behaviour or injure it. Authorities have since been monitoring the shark and urging people to keep their distance.