Category: China

A few years after Citigroup shut down its personal banking operations in China, it made another significant announcement. On September 5, Citigroup stated in a press release that, due to a gradual reduction in its personal consumer business with UnionPay in China, Citigroup (China) is no longer a member of UnionPay. However, the statement emphasized that the bank’s services for domestic and international payments for businesses and institutions remain unaffected. Citigroup also confirmed that it would continue to serve companies and institutions in China to meet their cross-border banking needs.

Huawei has fallen. 📉 Once celebrated as China’s last great tech champion, Huawei’s latest financial report reveals a 32% profit collapse and over 700 billion yuan in debt. Behind the flashy marketing and patriotic slogans lies a company on government life support — and its downfall exposes the cracks in China’s entire tech model.In this video, we break down Huawei’s ugly numbers, the failed nationalism strategy, and why this is more than just one company’s failure — it’s a warning about China’s collapsing tech ambitions.#Huawei #ChinaEconomy #TechCollapse #China

Something is very wrong in China as multiple poisonings strike schools, the economy tanks, and sheer vehicular chaos takes over the streets. Also, so much more.

A US$2 billion Chinese-built airport in Cambodia opened on September 9, 2025. It replaces Phnom Penh’s old airport as the capital’s main aviation transport hub. Techo International Airport is the second major airport in Cambodia to open in two years. A US$1.2 billion Chinese-funded terminal near the Angkor Wat temple complex was inaugurated in November 2023.

One vlogger shared that the number of homes sold in Beijing this year will be shocking, but no one knows who is selling them.

China’s demographic crisis is heading to zero births. Is China going extinct?

now become a frequent subject of internet memes.

In this video we’ll decode China’s Victory Day Parade to explore the cutting-edge weaponry unveiled in Beijing. A geopolitical message powered by next-gen tech, signaling China’s ambition as it steps onto the world stage.#ChinaVictoryDay #MilitaryParade #DF61 #Hypersonics #NuclearTriad #TechWarfare

Laser weapons are now occupying a substantial space in defense plans across the globe by providing an economical and effective substitute for missile interceptors. China officially debuted the L Y-1, a massive ship-borne laser air defense system. As a type of laser weapon, the LY-1 can also effectively avoid the problem of time lag between the target lock-on of shipborne fire control radar and the actual firing of traditional air defense weapons. It also effectively avoids the problem of a large dispersion ratio of traditional shipborne close-in guns, The LY-1 can accomplish aiming equals locking on, firing equals hitting, with very high interception accuracy.

We bring you authentic insights and perspectives from Asia that you won’t find in mainstream media. Whether you’re interested in tech, business, or culture from Asia, we’ve got you covered. In this episode, we take a deep dive into why Chinese EVs can’t seem to go truly global.