国泰航空的麻烦 不止一个!背后的隐形豪门已富过六代

中国新闻 编辑精选 话题新闻

国泰航空又出事了。这家公司过去几年出了不少事情。说到国泰航空,很多人可能并不真正了解。很多人可能以为这是一家中国公司,其实并不是如此。国泰航空背后三大股东,分别是太古集团、中国航空、卡塔尔航空,而真正占据控股地位就是太古集团了。

太古集团可是一家非常庞大的财团,业务种类非常繁多,涉及地产、航运、航空、饮料、工程等等。很多人可能不知道,在中国瓶装的可口可乐业务就是属于太古集团的。另外很多人喝咖啡会下的方糖也是太古生产的。在中国很多知名的地产项目也是太古集团开发的,比如说成都著名的远洋太古里,还有广州著名的太古汇。

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太古集团背后则是一个隐形豪门,那就是英国的施怀雅家族了,这个家族已经富过了六代人,可是如今你在全球任何一个财富榜上都看不到他们的名字。可是他们家族光是地产收租的收入每年就超过了100亿。整个家族至少资产得数千亿,甚至是更多。可是财富榜却始终无法追踪他们的财富。

100多年之前,中国还是处于清朝的时候,施怀雅家族就到中国经商了。那个时候英国是日不落帝国,很多英国人也随着英国的舰队在全球各地去做生意。事实上在200多年之前,施怀雅家族在英国的利物浦成立了公司,并且通过贸易生意积累家族的财富。

到了清朝末年的时候,施怀雅家族开始来到了远东发展,他们把中国的茶叶、陶瓷、丝绸等商品卖回到欧洲,赚取了巨额的利润。1866年,施怀雅家族收购了布鲁尔洋行,并且改名为太古洋行。

到了19世纪后期的时候,太古洋行控制的航运生意,已经成功控制了中国长江领域的上下游了。当时可以跟太古洋行对抗的只有中国本土的轮船招商局了。之后施怀雅家族又陆续进入了航空、地产、工程、饮料等等领域,获得了巨大的成功。

他们也把总部搬到了香港,并且在香港扎根发展。50年代之后,太古洋行已经跟怡和洋行等齐名,成为了香港有名的四大洋行。

利用香港人口暴涨的时候,太古也是积极投入房地产生意,在五六十年代赚得是盆满钵满。在房地产获得成功之后,他们又积极投资商业地产,开发了一系列优秀的商业物业,同时他们在80年代之后,把投资触角再次涉及内地。

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如今太古集团年营收超过了800亿,利润超过了300亿,依然是全球最大的财报之一。在太古集团的支持下,施怀雅家族也是成功富过了六代人。如今太古集团依然是施怀雅家族成员控制的。光是在地产板块,他们一年的租金就在120亿左右。

香港曾经大名鼎鼎的四大洋行,会德丰跟和记黄埔都被华资给收购了。会德丰在1985年被包玉刚给收购了。几年之前,包玉刚的女婿吴光正也把会德丰跟私有化了。和记黄埔则是在1978年被李嘉诚给收购了,成为了李嘉诚家族成功。

2015年的时候,李嘉诚把长江实业跟和记黄埔成功重组,变成了如今的长和集团跟长实集团。也就是说如今香港四大洋行的时代已经一去不返了,而且也就剩下怡和跟太古这两家公司了。

可是不得不说怡和跟太古依然是实力非常强大,每年的利润都是数百亿级别的。在中国本土也找不到几家可以跟他们对抗的私人企业了。

其实施怀雅家族这样的豪门才是真正的豪门,他们不会出现在财富榜上,但是他们却是真正的有钱,而从200多年前开始到现在,已经富了六代人了,在中国很难找不到这样的家族。

国泰航空的麻烦,不止一个

国泰航空这次惹上了大麻烦。5月22日有网友实名举报国泰航空空乘歧视非英语乘客,在其放出的一段视频中,有疑似为空乘人员的声音用英文说“如果你不会说毛毯的英文,那你就没办法拥有毛毯(If you cannot speak blanket, you cannot have it)”,周遭还传来疑似其他空乘的笑声。

在这之后,国泰航空从22日晚到24日,连发三条道歉声明,从一开始表示“将严肃调查处理”,到“暂停有关人员飞行任务”,再到“对涉事空中服务员予以解聘”,期间,国泰航空行政总裁林绍波公开致歉,全程用普通话表示将作全面检讨,但也难消众怒。

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一条毛毯、三位空乘、无数批评,就这样国泰航空再次深陷舆论漩涡。

其实过去几年,国泰航空可以说是热搜上的常客。一位知名电视主持人曾公开喊话国泰航空,“真是对不起这个名字……还是善意的提醒一句吧,no zuo no die”。

除了事件本身,外界对国泰航空还有许多好奇——这到底是谁的公司?过去三年活得如何?在国内航空公司中又属于怎样的存在?

1

谁的国泰航空?

成立于1946年的中国香港,国泰航空在过去77年时间里一直以中国香港为总部。2019年以前国泰航空曾是全球第八大国际客运航空公司及第三大国际货运公司。

资产规模上,截至2022年末,国泰航空连同其附属公司共拥有222架飞机,旗下客运及货运航线前往全球38个国家和地区共计82个目的地,其中包括位于中国内地的14个目的地。

人员方面,国泰航空及其附属公司在全球有2.12万名员工,其中在香港雇有员工约1.74万人。

那么国泰航空的背后是谁?

最新数据显示,国泰航空最大股东是持股45%的太古股份,其次是通过众多公司合计间接持股29.99%的中国国航(国泰航空也持有中国国航16.26%的股权),且太古股份和中国国航为一致行动人,之后是持股9.99%的卡塔尔航空和持有6.47%优先股的香港财政司。

在持股比例最高的太古股份背后,是拥有180多年历史的英国太古集团,太古股份只是集团下属的一个投资控股公司,主要经营地产、饮料和航空三个重要业务板块。

2022年年报显示,太古股份全年收入914.77亿港元,净利润41.95亿港元,自2020年受外部环境影响大亏百亿后,正处于业绩逐步修复的阶段。

具体来看,太古地产板块拥有多个购物商场,包括香港太古广场和太古坊,是香港最大的商用物业业主和零售物业运营商之一,在内地的购物商场则遍布北京、广州、成都、上海、西安和三亚,比如大家所熟知的“三里屯太古里”“成都远洋太古里”“前滩太古里”“颐堤港”等等。

太古股份的饮料业务同样规模可观,截至2022年末,其在大中华区、美国和柬埔寨的专营区域经销可口可乐公司系列产品,受众达到7.82亿人口,经销品类包括21种碳酸饮料品牌和37种非碳酸饮料品牌。

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2022年内太古可口可乐刚刚收购了柬埔寨及越南的可口可乐专营业务,将其瓶装业务扩展至东南亚,还重组了中国内地的不含汽饮料生产业务。

航空业务方面主要就是国泰航空及其附属公司,但近几年,受大环境等因素影响,始终是一个持续亏损的存在。

2017年以来太古股份饮料业务带来的收入逐渐成为业绩主力,2022年创收542.23亿港元,占比近六成,其次是137.88亿港元和138.28亿港元的房地产业务和航空业务,占比均在15%左右。

已有业务之外,太古公司还瞄准了私营保健服务领域,在年报中披露,“未来将继续在私营保健服务领域寻求投资机遇,特别在中国内地的主要城市群一带及东南亚。”

太古股份的这些收入,都从哪些地方赚来的呢?

按地区划分收入来源,太古股份2022年的收入中,有38%来自内地,19%来自香港,合计占比达到57%;如果剔除国泰航空和环球海洋业务,太古股份经常性盈利中则有46%来自内地,34%来自香港,合计占比达到80%。

在国泰航空2020年开始持续亏损的背景下,来自内地和香港的经常性溢利成为太古股份相当重要的业绩支撑。

截至当前,太古公司已经成为香港规模最为庞大、历史最悠久的雇主之一,在香港聘用超2.9万名员工,在内地的员工人数则超过3.5万人,全球员工接近8万人。

2
亏损三年,最难的日子刚刚过去

就像全球众多航空公司一样,过去三年对国泰航空的打击也是巨大的。

业绩趋势来看,直到2019年,国泰航空收入虽有一定波动,但整体已基本稳定在千亿港元的规模,净利润方面有一定波动,但亏损年份也相对有限。

2020年受客观环境影响,国泰航空收入大跌56.13%,直接拦腰砍半,成本却居高不下,全年亏损218.79亿港元,这之后的2021年和2022年都属于收入挣扎上涨,亏损努力收窄的“回血”阶段。

年报显示,2022年下半年国泰航空业绩已有大幅改善,在产生正向现金流的同时还有所盈利,2022年12月,其可载客量已相当于上半年的八倍,但其实还只是2020年前的三分之一;可载货量则在2022年末达到2020年前的三分之二。

事实上,内地对国泰航空近几年的业绩有越来越高的重要性。

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由内地经香港枢纽前往澳洲、英国及美国等长途航点的过境客运量(尤其是学生),成为2022年国泰航空的重要客运来源。

资金方面,国泰航空2022年的带息债务整体规模有所减少,但182.77亿港元的流动资金相比146.43亿港元的流动带息债务,也只是小幅盈余,其整体债务净额与股东权益之比依然达到0.92,意味着每一元的股东投入,都对应着0.92元的带息债务。

年内国泰航空由经营活动产生的现金流量净额为178.36亿港元,如果要覆盖588.29亿港元的借款净额,需要3.3年才能还完,而这还是在2020年重组方案实施完毕的情况下。

2020国泰航空曾进行过一系列重组,过程中向香港特别行政区政府发行了195亿港元的优先股及分离认股权证,另由香港特别行政区政府提供78亿港元的过渡性贷款,同时向当时的股东增发117亿港元股份,这才免于破产度过了难关。

虽然目前仍处于业绩亏损、资金紧张的状态,但如果相比国内其他航空公司,国泰也不是最惨的。


▲(林绍波。图源/视觉中国)

以2022年和2019年的收入比较,国泰航空已经恢复至四成有余,高于国航、东航、海航30%-40%的水平,但次于南航、华夏航空、春秋航空和吉祥航空,居于中位。

对比当前亏损金额与总收入,国泰航空2022年净利润为-63.98亿元,净利率为-14.03%,是上述多家航空公司中亏损幅比率最低的。作为对比,国航、东航、南航的亏损金额均在300亿元以上,亏损幅度则在37%至78%之间。

所幸国内各大航空公司2023年以来的运营数据都在好转,国航、南航、东航和海航的最新一季报显示亏损已较上年同期有大幅收窄,国泰航空最新4月份客运量数据也显示,4月份载客138.12万人次,单日最高人次5.32万人,为2020年以来新高。

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只可惜业绩刚刚有明显好转,就发生了如此不愉快的事情。

3

业绩和管理,都需要“重生”

事实上这已经不是国泰航空首次出现类似事件,2019年一位知名电视主持人就曾公开喊话国泰航空,“听说有些人一听到普通话就假装听不懂……no zuo no die”。

但多年过去国泰航空在这方面的管理显然并未有明显改善。

此次事件还有一个细节,即发布视频的博主表示,自己此次搭乘从成都飞往香港的国泰航空CX987航班,使用的机票其实是大湾区赠票。与此对应的,是2023年初香港机场管理局推出的活动,计划派发50万张机票给来自各地的旅客,其中就包括从成都飞往香港的航班。

目前经过多方督促整改,有网友表示自己乘坐24日国泰的航班时,乘务员已经在挨个问机上旅客要不要毛毯,播报则用的是英语、粤语和普通话。

过去几年,国泰航空可以说是热搜上的常客,且多与负面信息相关。

2020年10月,在因管理不善而在全球最佳航空公司排名中跌出三甲后,国泰航空宣布了重组计划,裁员规模达到8500个,占集团总人数的24%,这直接将香港失业率推升0.1个百分点。

在2022年年报开头的主席致函中,国泰航空主席贺以礼表示,“我们一直透过加强香港与内地,及世界各地的联系推动香港经济发展,角色举足轻重。”

在经济逐步恢复、旅客量快速上涨的当下,国泰航空显然正处于能够快速改善业绩的关键阶段,但如果从更长期的视角来看,如何在更大范围上进行“自我修复”,也是国泰航空需要面对的问题。

来源: 市界/担扑

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  中新网北京5月30日电 (记者 余湛奕)记者30日从共青团中央获悉,《中国少年先锋队队旗》(GB/T43600—2023)国家标准将于2024年6月1日正式实施。

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Chinese team develops vision chip with complementary pathways for open-world sensing

A Chinese research team has developed a vision chip with complementary pathways for open-world sensing. Their achievements were featured as the cover article in the international academic journal Nature on Thursday.

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‘Hong Kong 47’ trial: 14 activists found guilty of conspiracy to commit subversion

Sixteen of 47 pro-democracy campaigners had denied charges of ‘conspiracy to subvert state power’ in national security case

Fourteen people have been found guilty in Hong Kong’s largest national security trial, the prosecution of the “Hong Kong 47” pro-democracy campaigners, in a ruling that was immediately condemned by rights groups.

In a verdict delivered on Thursday, the panel of judges handpicked by Hong Kong’s government found 14 people had committed the national security offence of “conspiracy to subvert state power” by holding unofficial election primaries in 2020. The convicted included one organiser and 13 candidates, almost all of them former politicians.

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中国科学家博物馆正式开馆 举办首展成立联合体

  中新网北京5月30日电 (记者 孙自法)2024年5月30日是中国第八个“全国科技工作者日”,中国科学家博物馆当天在北京正式开馆,向公众开放并举办首展活动,中国科学家博物馆联合体也同步成立。

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国家立法“直通车”工作网络覆盖区域人口1.69亿人

  中新网义乌5月30日电(董易鑫)30日,在浙江省义乌市举行的全国人大常委会法工委基层立法联系点工作片区暨联系点工作和建设高质量发展推进会上,全国人大常委会法工委副主任孙镇平提及,目前,国家立法“直通车”工作网络覆盖区域人口1.69亿人。

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发扬丝路精神 专家学者共议新时代“伊儒会通”

  中新社泉州5月30日电 (徐雪莹)第四届伊斯兰教与海上丝绸之路论坛5月30日在福建泉州晋江举办。与会专家学者围绕伊斯兰文明与丝路精神、“伊儒会通”思想内涵与时代价值、伊斯兰教中国化与构筑共有精神家园等主题进行研讨。

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中国国防部:航行不是“横行” 自由不能妄为

  中新社北京5月30日电 (记者 李纯)中国国防部新闻发言人吴谦在5月30日的例行记者会上指出,美方所谓“航行自由”是个伪命题。航行不是“横行”,自由不能妄为,中方坚决反对“横行自由”。

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台湾上调2024年CPI年增长率预测值至2.07%

  中新社台北5月30日电 台当局“主计总处”5月30日公布最新经济预测,上调2024年台湾居民消费价格指数(CPI)年增长率至2.07%,连续三年超过2%的通胀警戒线。

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习近平同阿联酋总统穆罕默德会谈

  5月30日下午,国家主席习近平在北京人民大会堂同来华出席中国—阿拉伯国家合作论坛第十届部长级会议开幕式并进行国事访问的阿联酋总统穆罕默德举行会谈。

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中阿合作论坛第十届部长级会议在北京举行

  中新社北京5月30日电 (张素 谢雁冰)5月30日,中国—阿拉伯国家合作论坛第十届部长级会议在北京举行。中共中央政治局委员、外交部长王毅同阿方主席、毛里塔尼亚外长马尔祖克共同主持。阿拉伯各国外长、代表等出席,围绕加快构建面向新时代的中阿命运共同体深入交流。会议气氛热烈友好,取得圆满成功。

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国务院关于修改《国家科学技术奖励条例》的决定

中华人民共和国国务院令

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李强签署国务院令 公布《国务院关于修改〈国家科学技术奖励条例〉的决定》

  新华社北京5月30日电 国务院总理李强日前签署国务院令,公布《国务院关于修改〈国家科学技术奖励条例〉的决定》(以下简称《决定》),自公布之日起施行。

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海外台胞赴“彩云之约” 共推云台交流合作

  中新社昆明5月30日电 (记者 缪超)第2届“彩云之约”海外台胞云南行活动启动仪式30日在云南昆明举行。中国国民党基层代表与泰国、缅甸、马来西亚台胞台商共120余人参加活动,共叙亲情友情,共推云台交流,共商合作发展。

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中国海军83舰编队对东帝汶进行友好访问

  中新社帝力5月30日电 (张佳宁)正在执行远海实习访问任务的中国海军83舰编队30日抵达东帝汶首都帝力,开始进行为期4天的友好访问。

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习近平同阿联酋总统穆罕默德会谈

  新华社北京5月30日电(记者孙奕、王宾)5月30日下午,国家主席习近平在北京人民大会堂同来华国事访问并出席中国-阿拉伯国家合作论坛第十届部长级会议开幕式的阿联酋总统穆罕默德举行会谈。

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司法部:开展“法援护苗”行动 支持扩大未成年被害人法律援助范围

  中新网5月30日电 据司法部微信公众号消息,司法部办公厅发布关于开展“法援护苗”行动的通知。

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The ‘Confucian’ edge in chipmaking and North Korea’s shadow animators

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

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Pressure mounts on Beijing to allow renminbi to weaken

Markets push central bank for a weaker currency to reflect the gap in bond yields with the US

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重庆市与老挝占巴塞省正式缔结友好市省关系

  中新网重庆5月30日电 (梁钦卿)28日至30日在渝举行的重庆市六届人大常委会第九次会议上,审议了《重庆市人民政府关于提请审议重庆市与老挝占巴塞省建立友好市省关系的议案》。会议决定,同意重庆市与老挝占巴塞省缔结友好市省关系。

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最高人民法院发布《关于全面加强未成年人司法保护及犯罪防治工作的意见》

  中新网5月30日电 据最高人民法院微信公众号消息,为积极适应未成年人保护新形势新任务,全面提升未成年人司法保护和犯罪防治水平,最高人民法院制定出台《关于全面加强未成年人司法保护及犯罪防治工作的意见》(以下简称《意见》)并于5月30日正式发布。

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广东出台全国首部关于技能人才发展的地方性法规

  中新网广州5月30日电 (记者 程景伟)广东省第十四届人民代表大会常务委员会第十次会议5月30日审议通过《广东省技能人才发展条例》(以下简称《条例》)。据介绍,《条例》是全国首部关于技能人才发展的地方性法规,将于7月1日起施行。

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被控受贿3921万元 湖南衡阳市委原常委胡绪阳受贿案一审开庭

  中新网岳阳5月30日电 (韩爽)5月30日,湖南省岳阳市中级人民法院一审公开开庭审理衡阳市委原常委、组织部部长、统战部部长,市政协原党组副书记胡绪阳受贿一案。

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Exodus of US law firms from Shanghai accelerates

More practices are closing offices in China’s largest city as corporate work and M&A deals dry up

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国防部:中方在军品出口方面一向采取慎重负责态度

  5月30日下午,国防部举行例行记者会,国防部新闻局局长、国防部新闻发言人吴谦大校答记者问。

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Chinese-built light rail put into operation in Nigeria

The first phase of Abuja Light Rail, Nigeria's first light railway line, built by China Civil Engineering Construction Corporation (CCECC), was put into commercial operation on Wednesday, according to CCECC.

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China, Japan, South Korea to hold further trade talks

China, Japan and South Korea are set to engage in further discussions aimed at expediting negotiations for a trilateral free trade agreement, the Ministry of Commerce said on Thursday.

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Xi holds talks with UAE president

Chinese President Xi Jinping held talks with President of the United Arab Emirates (UAE) Sheikh Mohamed bin Zayed Al Nahyan in Beijing on Thursday.

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DC thrilled with planned return of pandas to zoo

The newcomers are two 2-year-old pandas, Bao Li and Qing Bao, who will arrive at the Smithsonian National Zoo and Conservation Biology Institute by the end of the year, in partnership with the China Wildlife Conservation Association.

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To select the best watermelon in summer, AI could be of great help

Recently, videos of using AI to select watermelons are circulating on social media, claiming the technology can pick only ripe and sweet fruit. But can AI really help us choose the right melon?

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China’s army tests gun-toting version of robot dog

Investors in Chinese robotmaker Unitree include Neil Shen’s HongShan, Matrix Partners China and Shunwei Capital

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The 47 Hong Kong activists in the city's largest national security case

From a 68-year-old former opposition lawmaker to a 27-year-old student activist, they represent the gamut of Hong Kong's democracy movement.

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Lakes on Qinghai-Tibet Plateau growing rapidly, study finds

Chinese scientists have found that over the past three decades, the area of lakes on the Qinghai-Tibet Plateau has expanded by over 10,000 square kilometers and is continuing to grow.

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Heavy commercial drone takes to the air in Shaanxi

China's first large cargo drone, which equipped with off-road tires, successfully completed its maiden flight recently in Yulin, Shaanxi province, carrying muskmelons and cherries.

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Xi says China willing to make China-Arab relations model for maintaining world peace, stability

Xi made the remarks as he delivered a keynote speech at the opening ceremony of the 10th ministerial conference of the China-Arab States Cooperation Forum.

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China steps up measures to monitor, control diseases

China plans to complete preliminary establishment of a modern disease control system and finish basic construction of a scientific and efficient monitoring, early warning and emergency response system for infectious diseases by the end of 2025.

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Landscape of West Lake with lotus flowers in Hangzhou

Scenery of blooming lotus flowers and leaves over West Lake in Hangzhou, east China's Zhejiang Province, May 29, 2024.

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Two giant pandas to arrive at Washington National Zoo

China will send two young giant pandas Bao Li and Qing Bao to Washington by the end of the year.

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China sends four satellites from sea

China's sea-borne variant of commercial rocket CERES-1 Y2 carrying a group of four Tianqi satellites blasts off from the waters surrounding the east China's Shandong Province, May 29, 2024.

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Harmony of rural harvest and urban skyscrapers near Hangzhou Asian Games Village

A harvester works in a wheat field against the background of the 19th Asian Games Village in Hangzhou, east China's Zhejiang Province, May 29, 2024.

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Xi delivers keynote speech at opening ceremony of 10th ministerial meeting of China-Arab States Cooperation Forum

Chinese President Xi Jinping delivered a keynote speech at the opening ceremony of the 10th ministerial meeting of the China-Arab States Cooperation Forum on Thursday.

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Xi says China ready to work with Arab side to put in place "five cooperation frameworks"

Chinese President Xi Jinping on Thursday said China is ready to work with the Arab side to put in place "five cooperation frameworks" to step up the building of a China-Arab community with a shared future.

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As it happened: HK court convicts 14 democracy activists in biggest security case

They were accused of trying to “overthrow” the government in 2020 by holding unofficial primaries.

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China lifts most remaining trade bans on Australian beef exports

Murray Watt says Beijing has removed sanctions for five abattoirs that lost export licences in 2020 amid diplomatic spat

China has lifted suspensions from Australian beef exporters, removing almost all of the $20bn worth of trade sanctions it imposed.

The agriculture minister, Murray Watt, said Beijing on Wednesday night lifted the bans, with immediate effect, for five different abattoirs.

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Xi announces China will host second China-Arab States Summit in 2026

Chinese President Xi Jinping announced on Thursday that China will host the second China-Arab States Summit in 2026, which will be another milestone in China-Arab relations.

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Female biologist wins top award

Academician Yan Ning of the Chinese Academy of Sciences received the 2024 L'Oreal-UNESCO For Women in Science International Award for the Asia-Pacific region at the UNESCO headquarters in Paris on Tuesday.

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China will open a new chapter of China-Arab States Cooperation Forum: FM

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Thai Cabinet approves BRICS membership bid

Thailand declared its strategic move to become a member of the BRICS economic bloc, further deepening its engagement with global emerging economies.

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China to lift restrictions on purchase of new-energy vehicles

The State Council of China issued an action plan for energy conservation and carbon reduction during 2024-25, according to a circular released on Wednesday, which calls for gradually lifting restrictions on the purchase of new energy vehicles (NEVs) in cities.

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Zhenhua scores big in offshore engineering

Shanghai Zhenhua Heavy Industries completed its deepwater lifting and pipe-laying vessel in Shanghai on Tuesday, marking a significant breakthrough in offshore engineering.

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Fiscal support for unfinished housing possible

There is scope for China's central government to scale up fiscal support for the delivery of unfinished housing to further address the property downturn — a key downside risk facing the economy.

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Xi attends opening ceremony of 10th ministerial meeting of China-Arab States Cooperation Forum

Xi attends opening ceremony of 10th ministerial meeting of China-Arab States Cooperation Forum, to deliver keynote speech.

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Fund shows nation's commitment to biodiversity

The launch of the China-initiated Kunming Biodiversity Fund demonstrates China's unwavering commitment to fulfilling a responsible role in conserving the world's biological resources, officials said.

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Taiwan celebrities show support for reunification

The recent move by some Taiwan celebrities to circulate a poster on social media expressing support for reunification with the mainland reflects their recognition of their Chinese identity, a spokeswoman of the Chinese mainland said on Wednesday.

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Protection of juveniles enhanced

Over the past five years, more than 20 criminals have been sentenced to life imprisonment or received death sentences in Beijing for severely harming children through sexual assault, abuse or other violent means, showing the capital's strong determination to protect juveniles.

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BYD unveils new hybrid technology with world's lowest fuel consumption, longest range

Chinese automotive giant BYD launched the latest plug-in hybrid car system on Tuesday, marking a significant advancement in fuel efficiency and cost savings. The innovation marks the "China moment" in plug-in hybrid technology.

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Thailand aims to become first BRICS member in Southeast Asia

Thailand will apply to join BRICS to become the group's first member from Southeast Asia, after the Thai cabinet has approved the letter of intent for the country to join the organization.

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Tibetan Plateau lakes to expand by 50% by 2100 due to climate change: latest study

Lakes on the Qinghai-Xizang (Tibet) Plateau are projected to expand in area by around 50 percent during the 21st century under a low emissions scenario, putting critical human infrastructure and ecosystems at risk of being submerged.

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China continues giant panda protection cooperation with the U.S.

China and the U.S. have embarked on a fresh round of collaboration in giant panda conservation and research. As part of this initiative, a pair of adolescent pandas is expected to be sent to the national zoo in Washington DC by the end of this year.

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Chinese scientists issue study calling for consumption-based carbon accounting

Chinese scientists released a new study – Research Report on Consumption-based Carbon Emissions (2024) in Shanghai on Wednesday, calling for the use of consumption-based accounting emissions to calculate global carbon emissions.

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Xi urges further upgrading of rural roads

Chinese President Xi Jinping has urged unremitting efforts to upgrade rural roads to facilitate rural development.

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Officials punished for Chuzhou river pollution incident

Punishment procedures began Wednesday for a recent river pollution incident in Chuzhou, a city in East China's Anhui province, according to provincial authorities.

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Vice-foreign minister to pay visit to U.S.

Vice-Foreign Minister Ma Zhaoxu will pay a visit to the United States from Thursday to Sunday at the invitation of the U.S, side, Foreign Ministry spokeswoman Mao Ning said on Wednesday.

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Wildeat takes root: Young Chinese embrace outdoor dining trend

Capitalizing on the growing desire to escape urban pressures, young Chinese are flocking to a new trend — "wildeat," or dining outdoors.

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New chapter in panda conservation: U.S. zoo to welcome pair from China

The China Wildlife Conservation Association and the Smithsonian's National Zoo in the United States have signed a new agreement for giant panda conservation research, according to the China Conservation and Research Center for the Giant Panda.

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China, Libya vow to cement ties

Premier Li Qiang said on Wednesday that China is willing to carry forward the traditional friendship and enhance political mutual trust with Libya to take bilateral ties to a new level, as he met in Beijing with the North African country's Prime Minister Abdul-Hamed Dbeibah.

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Stray dog hailed as hero after rescuing kitten at Fuzhou University

A stray dog named Huihui has become a campus celebrity at Fuzhou University in Fujian province after heroically rescuing a trapped kitten.

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Milestone of CCB shows growing role of RMB

The wide gaps in interest rates between China and the United States can facilitate the development of the offshore renminbi market, which, in turn, could help further internationalize the Chinese currency, said experts.

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The Taiwan parliament’s excessive power grab

Political divisions could be exploited by China to undermine ties with the west

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DC zoo to receive two new giant pandas from China

The two-year-old bears are schedule to arrive in Washington DC by the end of 2024.

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Two giant pandas from China to arrive at US National Zoo

Bao Li and Qing Bao will be the first pandas to reside at the Smithsonian zoo in Washington DC since last fall

Two new giant pandas will arrive at the Smithsonian’s National zoo in Washington DC later this year, marking a very welcome return after the zoo’s remaining pandas returned to China last fall.

The Smithsonian announced on Wednesday that the pandas, named Bao Li and Qing Bao, would arrive in the US capital by the end of the year. Both pandas currently reside in China, but Bao Li already has a connection to Washington as his mother Bao Bao was born at the National zoo in 2013.

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China's commercial rocket launches satellites from sea

China on Wednesday sent a sea-launched rocket into space from the waters surrounding the eastern province of Shandong, placing a group of four satellites into planned orbit. 

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Insights | Tunisian president's China visit holds significant potential: Tunisian official

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Beijing police launch crackdown on poor quality rental homes

Police in Beijing's Xicheng district have launched a crackdown regarding rental houses since April, handling 544 cases in an effort to provide a safe living environment for residents and maintain public order in the capital.

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Xi holds talks with Egyptian president

Chinese President Xi Jinping held talks with Egyptian President Abdel Fattah El-Sisi in Beijing on Wednesday.

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Chinese economy sees steady progress and strong vitality

Recently released economic data spanning sectors including transportation, intellectual property protection, and rural road mileage, indicate steady progress and strong vitality in the Chinese economy.

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IMF raises China's economic growth forecast

China's economic growth will remain resilient, with growth rates expected to be 5 percent in 2024 and 4.5 percent in 2025, both revised up by 0.4 percentage points from the April forecast, according to Gita Gopinath, first deputy managing director of the International Monetary Fund (IMF), on Wednesday in Beijing.

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Xi urges modernizing public security work

President Xi Jinping has urged the police force to promote the modernization of the country's public security work.

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Guangdong cities announce less restrictions on home buying

Guangzhou and Shenzhen, two major cities in South China's Guangdong province, announced to loosen restrictions on home buying on Tuesday.

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Shenzhou-18 crew members complete first spacewalk

The Shenzhou-18 crew members on board China's orbiting space station completed their first spacewalk on Tuesday.

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Bahrain opens first direct flight to China

Bahrain inaugurated a civilian aviation route from Bahrain International Airport to Shanghai Pudong Airport on Tuesday, marking its first direct flight to China.

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Nanmengxi Bridge emerges amid fairlyland-like clouds

A sea of clouds hovers over the Nanmengxie Bridge on Jianhe-Liping Expressway in southwest China's Guizhou Province. With a length of 987.5 meters, the bridge was successfully connected in April 2024.

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Blooming flowers add colors to Potala Palace in summer

Colorful flowers bloom around Potala Palace, adding colors to the world heritage site in Lhasa, southwest China's Xizang Autonomous Region, May 28, 2024.

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Chinese Culture Day celebrated in Russia

The year 2024 marks the 75th anniversary of China-Russia diplomatic ties. To commemorate this occasion, Russia will host a Year of Chinese Culture in 2024.

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Light show staged in City of Springs

A light show is staged at Daming Lake in Jinan, dubbed China's "City of Springs", east China's Shandong Province, May 28, 2024.

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A pivotal election for South Africa

The African National Congress counts on its anti-apartheid legacy in today’s vote

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From the archive: The secret deportations: how Britain betrayed the Chinese men who served the country in the war – podcast

We are raiding the Guardian Long Read archives to bring you some classic pieces from years past, with new introductions from the authors.

This week, from 2021: During the second world war, Chinese merchant seamen helped keep Britain fed, fuelled and safe – and many gave their lives doing so. But from late 1945, hundreds of them who had settled in Liverpool suddenly disappeared. Now their children are piecing together the truth. By Dan Hancox

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Internet celebrity makes apology for low pay and high workload in the company

However, some staff members and job applicants to the company — Wuhan Huangye Culture and Media Co in Hubei province, running the douyin account of "Wang Ma" — unmasked the harsher working environment and low pay at the company.No social insurance would be given to interns, and the insurance is also a vague problem for its permanent workers, according to ChinaNews.com.

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China's top market regulator releases 40 measures to improve business environment

China's State Administration for Market Regulation (SAMR) on Wednesday unveiled 40 measures to optimize business environment, promote internationalization of China's vast market, in order to attract more foreign investment.

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Taiwan passes controversial reform bill after violence and protests

Reforms will expand parliamentarians’ powers to question officials and citizens

Taiwan’s opposition-controlled parliament has passed a controversial reform bill after days of hostile debate and physical fights between MPs inside, and mass protests by citizens outside.

The bills passed 58 votes to 45, Bloomberg reported, after a third reading on Tuesday evening in Taipei during which there were further scuffles and members of the ruling party throwing paper planes and hurling garbage bags at the opposition.

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Hong Kong set for verdict in landmark security trial

Beijing seeks to quash opposition political leadership by targeting 47 figures under sweeping legislation

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Key clients desert PwC China as Big Four rivals circle

Accounting firm under cloud over audits of distressed property developer Evergrande and faces severe penalties

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China's manned submersible Jiaolong completes first deep-sea scientific expedition in Atlantic Ocean

China's manned submersible Jiaolong successfully concluded its first deep-sea scientific expedition in the Atlantic Ocean with the research vessel Shenhai Yihao (DeepSea No.1), which transported Jiaolong, returning to its home port in Qingdao.

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PLA's Taiwan drills to continue until provocations stop

As long as the "Taiwan independence" provocations continue, the People's Liberation Army's actions to defend national sovereignty and territorial integrity will not stop, a Chinese mainland spokeswoman said on Wednesday.

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As long as 'Taiwan independence' provocation continues, PLA's actions to defend territorial integrity won’t stop: spokesperson

Those remarks are extremely arrogant and vile in nature, betray the national interest and run counter to the people's will, constituting a blatant provocation against the one-China principle and a severe disruption to peace and stability in the Taiwan Straits.

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IMF raises China growth forecast but warns on industrial policy

Fund calls for Beijing to restructure economy to prioritise consumption and ensure fair treatment for companies

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China to invest $820 mln in cutting-edge battery tech, sources say

China is planning to invest around 6 billion yuan ($820 million), the biggest amount of its kind, to encourage the research and development of all-solid-state batteries, a cutting-edge battery technology at the heart of the next generation of electric vehicles.

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The Report on Human Rights Violations in the United States in 2023

The State Council Information Office of the People's Republic of China on Wednesday released a report on human rights violations in the United States in 2023.

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China issues report on U.S. human rights violations in 2023

China's State Council Information Office on Wednesday issued the Report on Human Rights Violations in the United States in 2023, revealing the country's deteriorating human rights situation with facts and figures.

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IMF: China's growth to stay 'resilient' at 5%

China's economic growth is projected to "remain resilient" at 5 percent this year, driven by its strong first-quarter data and recent policy measures, the International Monetary Fund said on Tuesday after its team concluded a visit to the country.

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Actor's slaying linked to persistent car-theft issue in U.S.

The tragic slaying of an actor in Los Angeles involved another pervasive criminal activity in the United States — the theft of automobile catalytic converters.

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Political Bureau of CPC Central Committee holds meeting to review relevant documents

The Political Bureau of the Communist Party of China (CPC) Central Committee held a meeting on May 27 and reviewed two documents, namely Policy Measures to Accelerate Development of Central China in the New Era, and Regulations on Accountability for Failing to Prevent or Defuse Financial Risks (trial). Xi Jinping, general secretary of the CPC Central Committee, presided over the meeting.

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Chinese chipmakers push to limit foreign suppliers

SMIC and CXMT seek local alternatives amid US pressure

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Flood control enhanced ahead of rainy season

Facing a busy flood season, the Ministry of Water Resources has bolstered flood resilience in small and medium-sized rivers, and leveraged advanced technology to improve the accuracy of forecasts.

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Aging population to affect Asia-Pacific labor markets

Asia-Pacific labor markets are facing "deep-seated challenges "that are compounded by the region's rapidly aging population, according to the International Labour Organization's latest report.

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Spain, Norway, Ireland endorse Palestine state

Spain, Norway and Ireland formally recognized the State of Palestine on Tuesday in a coordinated effort by the three western European nations designed to mount international pressure on Israel, which slammed the diplomatic move that will have no immediate impact on its assaults in Gaza.

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Hong Kong arrests six for sedition under new law

Pro-democracy activist Chow Hang Tung was among those arrested over alleged social media posts.

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Xi Jinping calls for quality jobs for youth instead of ‘bitterness’

Chinese president prioritises employment creation a year after he told the young to toughen up and embrace hardship

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Taiwan’s parliament boosts powers in challenge to president

Large crowds protest against legal changes that ruling party and civic groups say undermine Taiwanese democracy

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David Beckham becomes ambassador for Chinese tech group sponsoring Euro 2024

Ex-England footballer’s deal with Alibaba’s AliExpress follows tie-ups with Hugo Boss and SharkNinja

The former England footballer David Beckham has signed up as a global ambassador for AliExpress, an online retail platform owned by the Chinese tech group Alibaba.

The deal comes in the run-up to the Euro 2024 football tournament, which starts in June, and is the latest tie-up for Beckham, following hot on the heels of partnerships with the suit maker Hugo Boss and the air fryer maker SharkNinja in recent weeks. He is also an ambassador for Tudor watches, Tempur mattresses, Unicef, and Nespresso coffee machines, and he also fronts a Walkers crisps ad.

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Hong Kong police arrest six people under new security law

Chow Hang-tung, a prominent barrister, among those held over social media posts before Tiananmen Square anniversary

Hong Kong police have arrested six people, marking the first time that the city’s new national security law, known as Article 23, has been used against suspects since it was implemented in March.

The six people, aged between 37 and 65, are accused of publishing messages with seditious intent ahead of an “upcoming sensitive date”, according to a police statement.

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No, trade surpluses aren’t caused by comparative advantage

Revisiting Ricardo

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Uniqlo confronts China’s newly thrifty middle class

Japanese fast-fashion retailer has slowed store openings in world’s second-largest economy

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How Chinese EV makers will respond to steep US tariffs

Manufacturers are likely to target expansion in Europe with luxury models that offer new features to consumers

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The US attempt to ban TikTok is an attack on ideas and hope | Dominic Andre

A TikTok ban threatens to destroy millions of jobs and silence diverse voices. It would change the world for the worse

I’m a TikTok creator. I’ve used TikTok to build a multimillion dollar business, focused on sharing interesting things I’ve learned in life and throughout my years in college. TikTok allowed me to create a community and help further my goal of educating the public. I always feared that one day, it would be threatened. And now, it’s happening.

Why does the US government want to ban TikTok? The reasons given include TikTok’s foreign ownership and its “addictive” nature, but I suspect that part of the reason is that the app primarily appeals to younger generations who often hold political and moral views that differ significantly from those of older generations, including many of today’s politicians.

Dominic Andre is a content creator and the CEO of The Lab

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Senior UK politicians call for greater scrutiny of potential Shein IPO

Concerns London listing of retailer facing forced labour allegations goes ahead while parliament is dissolved

Senior politicians, including three parliamentary committee chairs, have called for more scrutiny of Shein as the fast-fashion retailer founded in China sets its sights on a London stock market listing.

Shein is reportedly in talks to float on the London Stock Exchange after an attempt to float in New York faced regulatory hurdles.

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China raises $47bn for chip industry in drive for self-sufficiency

‘Big Fund’ completes its largest round to date with makers of equipment for chip factories expected to be main beneficiaries

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China hails ‘new beginning’ at summit with Japan and South Korea

Beijing, Seoul and Tokyo agree to revive talks on free trade deal

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Taiwan president calls on US lawmakers for help to strengthen defences

Request follows Chinese military exercises days after new leader’s inauguration

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Chinese industrial profits return to growth

April rise underlines authorities’ efforts to boost manufacturing

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China needs to look beyond real estate for sources of growth

There is still substantial unmet demand in sectors such as education and healthcare

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Private Revolutions by Yuan Yang review – the women who tried to carve a path in a new China

In this intimate study of a period of upheaval, a Chinese-born writer uncovers the stories of four young citizens whose lives were transformed by Deng Xiaoping’s reforms – and the obstacles they strove to overcome

When Yuan Yang was four years old, she tells us, her parents brought her from China to the UK as they pursued new educational opportunities. Although Private Revolutions, her vivid and detailed memoir, is not primarily the story of her own family, they, too, exemplify the theme of the book: a close look at how China’s citizens responded to the potentially transformative opportunities that four decades of rapid growth afforded.

Under Mao, Yang’s father’s family laboured as peasants in western China; as a child, her father paid his school fees with sweet potatoes, and when the sweet potato season was over he ate watermelon. From this unpromising beginning, he made it to university and later to a doctorate in computer science in the UK. Yang writes of his departure from China: “It was a simple decision for him: all the students who could leave were doing so. Chinese academia lagged behind the west, especially in the sciences, and the Beijing government’s massacre of students and workers in Tiananmen Square in 1989 had left many questioning the future of China’s universities.”

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China warns South Korea against politicising trade before Japan talks

Supply chains are ‘deeply intertwined’, says Premier Li Qiang ahead of summit

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Taiwan in political turmoil as China steps up military intimidation

Opposition seeks to curb new president’s administration while Beijing sends fighters, bombers and navy to patrol around island

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Zelenskiy calls on world leaders to attend Ukraine ‘peace summit’ after deadly Kharkiv strike

Ukraine president urges Joe Biden and Xi Jinping to ‘show your leadership’ and send message to Moscow

Ukraine’s president, Volodymyr Zelenskiy, has released a desperate video plea calling on world leaders to attend a “peace summit” next month in Switzerland after a deadly Russian attack on a DIY hypermarket in Kharkiv on Saturday killed at least 16people and injured dozens more.

Zelenskiy appealed in particular to the US president, Joe Biden, and the Chinese leader, Xi Jinping, to attend the summit, which is due to start on 15 June. “Please, show your leadership in advancing the peace – the real peace and not just a pause between the strikes,” said Zelenskiy in English.

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Beijing accuses UK of making false allegations against Chinese citizens

Foreign ministry’s claim follows death of ex-Royal Marine charged with spying in Britain for Hong Kong

China has accused the UK of false accusations, “wanton stigmatisation” and arbitrary arrests after the unexplained death of a man charged with illegally assisting Hong Kong’s foreign intelligence service.

China’s foreign ministry office in Hong Kong said in a statement on its website on Saturday that it strongly condemned Britain for what it said were false accusations against Chinese citizens, infringing their lawful rights.

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Last major Arabic-style mosque in China loses its domes

Exclusive: Experts say changes to Grand Mosque of Shadian mark completion of five-year sinification campaign

The last major mosque in China to have retained Arabic-style features has lost its domes and had its minarets radically modified, marking what experts say is the completion of a government campaign to sinicise the country’s Muslim places of worship.

The Grand Mosque of Shadian, one of China’s biggest and grandest mosques, towers over the small town from which it takes its name in south-western Yunnan province.

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‘Our parents did all the hard work. We don’t have to’: China’s seaside haven for the ‘lying flat’ generation

With its magnificently tranquil art gallery, its ‘lonely library’ and its pointy white chapel, Aranya is a blissful oasis for burnt-out urbanites – and architecture firms are now clambering to build there

Every summer, since the days of Mao Zedong, the leaders of China’s Communist party have decamped to the coastal resort of Beidaihe to debate the country’s future from the comfort of luxurious seaside villas hidden behind high walls. Four hours’ drive from the distractions of Beijing, it has been a perfect place to escape the capital’s stifling heat, take in the sea air, and conduct secretive conclaves in heavily guarded compounds, in between refreshing dips.

But in recent years, the region has been attracting visitors of a very different kind. On a chilly morning, just a little way south along the coast, the windswept beach is teaming with style-conscious twentysomethings. Crowds of young tourists, wrapped in thick down coats, queue up to take photos in sub-zero temperatures – not next to statues of Mao, but in front of striking works of contemporary architecture.

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Tesla boss Elon Musk criticises US tariffs on Chinese electric vehicles

Billionaire makes U-turn over levies, telling Paris tech conference they distort the market and inhibit trade

Elon Musk has criticised US government tariffs on Chinese electric vehicles, describing the levies as “not good” and a distortion of the car market.

The Tesla chief executive had previously supported trade barriers but he performed a U-turn on Thursday during a video appearance at a Paris tech conference.

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Taiwan deploys jets to monitor Chinese drills around island – video

Taiwan scrambled fighter jets as China held a second day of military drills targeting the island, this time testing its military’s ability to 'seize power'. Beijing has said the drills are punishment for 'separatist acts' after the inauguration of Taiwan’s new president on Monday. Taiwan has put its forces on alert and moved anti-ship missile systems to coastal areas

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China testing ability to ‘seize power’ in second day of military drills around Taiwan

PLA says exercises launched in response to president’s inauguration will test capacity to ‘launch joint attacks and occupy key areas’

China has conducted mock missile strikes against Taiwan on a second day of military drills, which it said was testing its ability to “seize power”, and inflict punishment for “separatist acts” after the inauguration of the island’s new president.

The exercises, which involved Chinese military units from the air force, rocket force, navy, army and coastguard, were announced suddenly on Thursday morning. Maps showed five approximate target areas in the sea surrounding Taiwan’s main island and other areas near Taiwan’s offshore islands, which are close to the Chinese mainland.

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‘Funny and kind of sad’: how Clarkson’s Farm has captured Chinese viewers

Jeremy Clarkson’s reality TV show has particular appeal for young people with no experience of farming

To one Chinese reviewer, Jeremy Clarkson is “a stupid old British man with too much money who farmed for a year without harvesting anything”. To another, he is “the British version of Li Ziqi”, a 33-year-old woman who is one of China’s biggest internet celebrities thanks to videos of herself farming and cooking in the idyllic Sichuanese countryside.

Clarkson’s Farm, the former Top Gear presenter’s beguilingly popular reality television show about his pivot from petrolhead to farmer, has been hugely successful on his home turf, becoming the most watched show on Amazon Prime in the UK. It is also a hit in China.

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Daniel Duggan loses fight against extradition to US over allegedly training Chinese pilots, magistrate rules

Australian former US marine pilot faces potential prison sentence of up to 60 years on charges of arms trafficking and money laundering

Daniel Duggan, an Australian citizen and former US marine pilot wanted in the United States over allegations he trained Chinese fighter pilots, is eligible to be extradited, a Sydney magistrate has ruled.

Duggan appeared in court for the first time since his arrest 19 months ago, dressed in a grey suit jacket, white shirt and blue tie. From behind the security glass of the dock he blew kisses to his family and supporters, and made a love-heart symbol towards his wife, Saffrine, mouthing the words “I love you”.

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What do China's drills around Taiwan tell us?

The Chinese military says the exercises aimed to "test its ability to seize power" on the island.

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US challenges British claim China is sending ‘lethal aid’ to Russia

UK defence secretary, Grant Shapps, made claim as Russia begins fresh offensive in north-east of Ukraine with strikes on Kharkiv

Joe Biden’s administration has challenged a claim by the British defence secretary, Grant Shapps, that China is sending “lethal aid” to Russia for use in its war in Ukraine.

Speaking on Wednesday, Shapps cited “new intelligence” that suggested Beijing was giving Moscow deadly “combat equipment” for the first time. On Thursday, the Ministry of Defence in London said it would not give further details.

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China holds military drills around Taiwan as 'strong punishment'

The military manoeuvres come three days after William Lai was sworn in as Taiwan's president.

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Chinese blogger who filmed Wuhan lockdown is free

Zhang Zhan spent four years in jail after providing critical coverage of the response to Covid-19.

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'Stop threatening us', Taiwan's new president tells China

He urged Beijing to replace confrontation with dialogue, shortly after being sworn in on Monday.

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What is Xi Jinping prepared to pay for Putin’s war?

China is a vital ally, but Mr Xi is facing increasing pressure to distance himself from his "dear friend".

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China’s spy threat is growing, but the West has struggled to keep up

For years, Western spy agencies have talked of a need to focus on China, but senior officials say the threat has not been taken seriously enough.

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How AI turned a Ukrainian YouTuber into a Russian

A YouTuber falls victim to generative AI on Chinese social media, but the ramifications stretch beyond China.

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The escaped dissident still pursued decades on by China

Yan Xiong escaped from China in 1992, but he and other dissidents are still being targeted by Beijing.

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Chinese women are teaming up with strangers to save money

They are finding new ways to cut back on household spending as China’s economy loses steam.

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10th World Water Forum opens in Indonesia's Bali

BALI, Indonesia, May 20 (Xinhua) -- The 10th World Water Forum under the theme of "Water for Shared Prosperity" officially opened on Indonesia's island of Bali on Monday.

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