国泰航空的麻烦 不止一个!背后的隐形豪门已富过六代

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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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  由中国新闻摄影学会、嘉兴市委宣传部共同主办,嘉兴市新闻传媒中心承办的“走进红船起航地 谱写嘉兴新篇章·全国百家媒体新闻摄影采访活动”于2024年4月26日在初心始发、红船起航之城嘉兴南湖景区启动。

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China-Spain giant panda cooperation contributes to biodiversity conservation: spokesperson

Two giant pandas, Jin Xi and Zhu Yu, will depart from the Chengdu Research Base of Giant Panda Breeding in Sichuan Province on April 29 to begin their 10-year stay at Madrid Zoo in Spain, continuing the 40-year “panda friendship” between the two countries, Chinese Foreign Ministry Spokesperson Wang Wenbin said at a press conference on Thursday.

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推动高质量发展·权威发布|黑龙江:打造冰雪经济新增长点

  中新网4月26日电 4月26日上午,国务院新闻办公室举行“推动高质量发展”系列主题新闻发布会,黑龙江省委副书记、省长梁惠玲在会上透露,将高质量发展全域全季旅游。

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推动高质量发展·权威发布|黑龙江诚邀全国商家投资兴业

  中新网4月26日电 4月26日(星期五)上午,国务院新闻办公室举行“推动高质量发展”系列主题新闻发布会,在会上,黑龙江副省长余建表示,诚邀全国商家到黑龙江投资兴业,相信通过努力,黑龙江的营商环境会越来越好。

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“液体动力”助“神十八”出征 58台发动机全程护航

  中新网西安4月26日电 (记者 张一辰)北京时间4月25日20时59分,长征二号F运载火箭托举着载有叶光富、李聪、李广苏3名航天员的神舟十八号载人飞船,于酒泉卫星发射中心出征,奔赴“天宫”。

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云南省飞虎队研究会向美国中华历史博物馆捐赠抗战书法挽联

  中新网昆明4月26日电 (陈静)25日,美国圣地亚哥中华历史博物馆孟宪嘉一行在昆明与云南省飞虎队研究会交流座谈。云南省飞虎队研究会副会长甘云现场捐赠了由书法家乔明恭录、其祖父甘芳题写于腾冲国殇墓园的挽联书法作品,纪念为国捐躯的抗日将士。

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《加强纪律性 革命无不胜——党纪学习教育中的人与事》出版发行

  中新网北京4月26日电 记者26日从中共党史出版社获悉,为服务全党开展党纪学习教育,发挥党史以史鉴今、资政育人作用,由中央党史和文献研究院组织编写的《加强纪律性 革命无不胜——党纪学习教育中的人与事》一书,近日由中共党史出版社出版发行。

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Chinese Defense Minister holds talks with Kazakhstan president

Chinese Defense Minister Dong Jun met with Kazakh President Kassym-Jomart Tokayev in Astana on Thursday.

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推动高质量发展·权威发布|黑龙江:全力以赴推进绿色龙江建设

  中新网4月26日电 4月26日上午,国新办举行“推动高质量发展”系列主题新闻发布会。在会上,黑龙江省副省长余建透露,将进一步统筹生态生产生活三大布局,全力以赴推进绿色龙江建设。

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推动高质量发展·权威发布|黑龙江:发力打造发展新质生产力实践地

  中新网4月26日电 国务院新闻办公室4月26日举行“推动高质量发展”系列主题新闻发布会,黑龙江省委副书记、省长梁惠玲围绕“牢牢把握在国家发展大局中的战略定位 奋力开创黑龙江高质量发展可持续振兴新局面”作介绍。

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推动高质量发展·权威发布|黑龙江坚决当好国家粮食安全“压舱石”

  中新网4月26日电 4月26日上午,国新办举行“推动高质量发展”系列主题新闻发布会,黑龙江省委副书记、省长梁惠玲围绕“牢牢把握在国家发展大局中的战略定位 奋力开创黑龙江高质量发展可持续振兴新局面”作介绍,并答记者问。

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西藏80名大中小学校心理健康骨干教师参加业务能力提升培训

  中新网拉萨4月26日电 (记者 赵朗)西藏全区大中小学校心理健康骨干教师业务能力提升培训班25日在拉萨开班,培训旨在搭建交流平台、实现资源共享,帮助心理健康骨干教师提高对学生心理问题的识别能力、干预能力和疏导能力。

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最高检案管办负责人就1至3月全国检察机关主要办案数据答问

  中新网4月26日电 最高人民检察院于4月26日向社会发布2024年1至3月全国检察机关主要办案数据,最高检案件管理办公室负责人介绍,检察机关聚焦外卖乱象、网络营销、直播带货等新业态新领域下与人民群众生活密切相关的制售伪劣商品违法犯罪,共起诉2100余件4400余人,同比分别上升4.1%、17.8%,以检察履职推动解决“吃得不放心、用得不安全”等严重影响人民群众身体健康和生命安全的突出问题。

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Biden's proposed tariffs on Chinese steel criticized

U.S. President Joe Biden has proposed tripling tariffs on steel products from China, a further protectionist move that experts called a "nothingburger" and "show biz".

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High starting salaries bring cheer for job hunters

Finance related jobs were the most sought after in the first quarter of the year thanks to the hefty salaries on offer, while the services sector witnessed a huge jump in starting pay during the same period.

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国务院任免国家工作人员

  中新网4月26日电 据人社部网站消息,国务院任免国家工作人员。

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财政部安排农业救灾资金14.16亿元 支持各地病虫害防控

  中新网4月26日电 据财政部网站消息,2023年冬春以来,我国粮食主产区降水偏多,田间湿度大,随着近期气温回升,病虫害扩繁速度明显加快。面对较严峻的农作物病虫害发展态势,抓住当前防控关键期、抓好田间管理、加快统防统治、织密病虫害“防控网”,对稳定全年粮食生产至关重要。

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最高检发布2024年1至3月全国检察机关主要办案数据

  中新网4月26日电 据最高检网站消息,2024年1至3月,全国检察机关持续落实“高质效办好每一个案件”的基本价值追求,以检察工作现代化支撑和服务中国式现代化,为全面建设社会主义现代化国家提供有力法治保障。

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“五一”假期全国口岸日均出入境人员将达176万人次

  中新网4月26日电 据国家移民管理局微信公众号消息,国家移民管理局预测今年“五一”假期全国口岸日均出入境人员将达176万人次,较去年同期增长40.5%。上海浦东、广州白云、北京首都、成都天府、杭州萧山等大型国际机场口岸出入境客流稳步增长,预计日均出入境人员分别为8.8万、4.1万、4万、1.7万、1.3万人次。随着港澳居民与内地居民“北上南下”双向奔赴热潮持续,加之“五一”期间港澳地区将举办多场大型演艺活动和烟火表演,毗邻港澳陆路口岸通关流量将明显增多。其中,深圳罗湖、福田、深圳湾口岸预计将达到19.4万、19.1万、13万人次,珠海拱北、青茂、港珠澳大桥口岸日均出入境人员预计将达到32万、11万、11万人次。

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最高检发布一季度未成年人检察工作情况

  中新网4月26日电 最高检4月26日发布2024年1至3月全国检察机关主要办案数据。其中,关于未成年人检察工作情况如下:

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最高检发布一季度民事检察工作情况:支持农民工起诉1.2万件

  中新网4月26日电 最高检4月26日发布2024年1至3月全国检察机关主要办案数据。其中,民事检察工作情况如下:

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最高检发布一季度刑事检察工作情况:共批准和决定逮捕各类犯罪嫌疑人16.8万人

  中新网4月26日电 最高检4月26日发布2024年1至3月全国检察机关主要办案数据。其中刑事检察工作情况如下:

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'Supply chain diplomacy' suggested for U.S., China

The interconnected supply chains between the United States and China have contributed significantly to reducing inflation, and it's time to collaborate transparently on shaping future supply chains, said experts at a seminar.

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广东省卫生健康委原党组书记、主任段宇飞被查

  中新网广州4月26日电 (记者 程景伟)据广东省纪委监委“南粤清风网”26日通报,广东省卫生健康委原党组书记、主任段宇飞涉嫌严重违纪违法,目前正接受广东省纪委监委纪律审查和监察调查。(完)

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Procuratorates to strengthen IP protection

Procuratorial authorities will strengthen the legal protection of intellectual property rights and promote the construction of an integrated protection framework for intellectual property.

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中新教育丨唐志书任北京中医药大学校长

  中新网4月26日电 据“微言教育”微信公众号消息,4月26日,教育部党组在北京中医药大学宣布了有关任免决定,唐志书同志任北京中医药大学校长、党委副书记,徐安龙同志不再担任北京中医药大学校长、党委副书记职务。教育部党组成员、副部长王嘉毅出席会议并讲话。北京市委教育工委有关负责同志出席会议并讲话,教育部人事司有关负责同志出席会议。

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中法两军建立战区间合作对话机制

  中新网4月26日电 据国防部网站消息,4月25日,中国人民解放军南部战区司令员王秀斌与应邀来访的法军太平洋海区司令丹迪涅举行会谈,双方就两军战区间交流合作、国际和地区安全形势等共同关心的问题交换意见。期间,双方签署《中国人民解放军南部战区和法国军队太平洋海区关于开展战区间海上与空中合作对话的框架文件》,建立中法两军战区间合作对话机制,这是落实两国元首共识的重要举措,有助于进一步深化两军互信合作,共同维护地区安全稳定。

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中国宝武中钢集团邢台机械轧辊有限公司原党委书记薛灵虎接受审查调查

  中新网4月26日电 据中国宝武纪委、河北省纪委监委消息:中国宝武中钢集团邢台机械轧辊有限公司原党委书记、董事长薛灵虎涉嫌严重违纪违法,目前正接受中国宝武纪委和河北省邯郸市监委纪律审查和监察调查。

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原安徽省食品药品监督管理局局长刘自林接受审查调查

  中新网4月26日电 据安徽省纪委监委消息:原安徽省食品药品监督管理局党组书记、局长刘自林涉嫌严重违纪违法,目前正接受安徽省纪委监委纪律审查和监察调查。

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海南通报6起群众身边不正之风和腐败问题典型案例

  中新网4月26日电 据中央纪委国家监委网站消息,为贯彻落实二十届中央纪委三次全会和海南省纪委八届三次全会工作部署,深入开展群众身边不正之风和腐败问题集中整治,推动反腐败向基层延伸,向群众身边延伸,努力让人民群众有更多获得感安全感幸福感,现将海南省近期查处的6起群众身边不正之风和腐败问题典型案例通报如下。

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各有侧重、互为备份!“太空出差三人组” 是如何分工的?

  执行空间站任务的航天员有着明确的分工,每个人都有自己的任务侧重点。那么,神舟十八号三名航天员是如何分工的呢?

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Ministry, experts decry EU's subsidy raid on Chinese firm

The European Union's protectionist measures against Chinese companies may not only jeopardize bilateral business ties but also prove counterproductive, analysts said on Thursday.

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China firmly opposes groundless 'overcapacity' hype by some Western countries: MOFCOM

China firmly opposes the groundless "overcapacity" hype by some Western countries and urges relevant countries to objectively and comprehensively look at global demand for new energy and China's new-energy development.

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Construction of Hungary-Serbia Railway makes fresh progress

Track laying work for a 108-kilometer-long section of the Hungary-Serbia Railway between Novi Sad and Subotica was completed on Thursday.

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Global car producers in launch fever for NEV models at Beijing auto show

After a four-year absence of its offline show, China's largest auto show, or 2024 Beijing International Automotive Exhibition, which kicked off in Beijing on Thursday, has regained global attention.

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Fukushima's latest power outage sparks international concern

The latest power outage at Fukushima again highlights the mismanagement of the plant operator and the irresponsible disregard of both domestic and international concerns by the Japanese government.

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Shanghai Party chief meets Blinken

U.S. Secretary of State Antony Blinken, before landing in Beijing on Thursday, met with local officials in Shanghai, where he acknowledged the obligation to manage the China-U.S. relationship responsibly.

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Chinese Embassy condemns UK politician’s anti-China remarks

China strongly condemned unwarranted accusations and malicious slander against China, and urged British politicians to stop their belligerent rhetoric, and instead, focus more on domestic economic and social issues.

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Pandas headed for Madrid in sign of bilateral friendship

Two giant pandas, in what is seen as the epitome of the friendship between China and Spain, are scheduled to depart for Madrid Zoo in Spain on Monday, Foreign Ministry spokesman Wang Wenbin said.

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The real issue is not overcapacity but competitiveness

French entrepreneur Arnaud Bertrand wrote recently on his social media X account that there is no sign of industrial overcapacity in China.

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Shenzhou XVIII astronauts enter space station

The Shenzhou XVIII manned spaceship's three astronauts successfully entered China's space station early on Friday.

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Shenzhou XVIII successfully launched

A Long March 2F rocket carrying the Shenzhou XVIII spacecraft with three astronauts aboard blasted off from the Jiuquan Satellite Launch Center in Northwest China at 8:59 pm on Thursday.

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Xi urges effort to build world-class military medical universities

President Xi Jinping has emphasized the importance of taking into account the battlefield, the troops and the future in order to build world-class military medical universities, as the nation elevates the people's armed forces to world-class standards.

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US wants allies to cut chip-related China exports amid Huawei alarm

Washington urges Japan, South Korea and the Netherlands to tighten supply of tools and technology

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Bristol Myers Squibb drafts contingency plans for US restrictions on Chinese pharma

Biosecure Act would prohibit American companies receiving federal grant money from working with some Chinese groups

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How TikTok’s Chinese owner tightened its grip on the app

Insiders say ByteDance exerting increasing influence over platform despite US pressure over ownership

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Dodgy data: what not to trust

Doubts over the credibility of economic and corporate statistics

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China warns Blinken US must choose between ‘co-operation or confrontation’

Secretary of state expected to demand Beijing cease support for Russia’s war in Ukraine

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Closer militarily between U.S. and Taiwan will eventually backfire: spokesperson

It will only heighten tensions and the risk of conflict and confrontation in the Taiwan Strait and will eventually backfire.

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Chinese government releases IP progress in 2023

The progress China made in intellectual property (IP) in 2023 was released at a press conference of the State Council Information Office on Wednesday.

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World's largest metamorphic rock oilfield begins drilling

Bozhong 26-6 in Bohai Sea, the largest metamorphic rock oilfield worldwide, began drilling on Wednesday, according to China National Offshore Oil Corporation.

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How China’s Nuctech earned EU funds before being hit by EU raids

Also in this newsletter: Waiting for Emmanuel Macron’s words of wisdom

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Blinken arrives in China as relations crackle with tension

Blinken's trip is a sign of improved US-China ties, but the two still view each other with suspicion.

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A message to economists: geopolitics matters too

Western policymakers ignore changing global power relations at their peril

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What new US aid means for Ukraine

Pentagon rushes $1bn in weapons to Kyiv after Biden signs aid bill

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China to launch 3 lunar probe missions within next 4 yrs

China has begun planning the construction of the world's first Mars sample laboratory and is also deepening the feasibility study of the Tianwen-4 mission, aiming for the exploration of Jupiter and its moons.

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Chinese FM spokesperson refutes western accusation of 'overcapacity'

Chinese FM spokesperson refutes western accusation of 'overcapacity'

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Giant pandas depart for Spain on Monday

Giant pandas Jin Xi and Zhu Yu are scheduled to depart for Madrid Zoo in Spain on Monday, commencing a 10-year stay, as announced by the China Wildlife Conservation Association on Wednesday.

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New quality productive forces to power Pakistan and beyond, experts say

Pakistani China observers refuted on Wednesday negative narratives against the Chinese economy, saying Beijing's pursuit of high-quality development focusing on developing new quality productive forces has and will continue to benefit Pakistan and beyond.

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China launches construction of cutting-edge marine research vessel

On Thursday, construction began on a new marine scientific research and teaching support vessel on Changzhou Island in Guangzhou, Guangdong province.

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Accusing China of overcapacity a sign of protectionism: Foreign Ministry spokesperson

Some Western countries have lately been accusing China of “overcapacity,” which is baseless hype and a sign of protectionism, Chinese Foreign Ministry spokesperson Wang Wenbin said at a press conference on Wednesday.

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Tesla job retractions leave Chinese graduates in the lurch

Many Chinese students nearing graduation have said on social media platforms that Tesla had retracted their job offers as the spring job hunting season draws to an end.

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Beijing court sees rise in disputes involving digital economy

Beijing Haidian District People's Court saw a large number of intellectual property disputes regarding digital economy over the past few years, with more efforts undertaken to improve the quality of relevant case to serve the industrial development in a healthy manner.

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China Eastern Airlines to launch direct flights between Shanghai and Marseille

China Eastern Airlines will launch direct flights between Shanghai and Marseille, France, on July 2, becoming the first carrier to operate regular air routes between the two cities, according to the Shanghai-based carrier.

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Insights丨Global experts highlight CRE's role in global logistics

As an extensive network of rail services connecting China and Europe, the China-Europe Railway Express (CRE) shows its unique significance as uncertainties like the Red Sea crisis are wreaking havoc on global trade.

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Xi stresses building world-class military medical universities

Chinese President Xi Jinping has called for building world-class military medical universities, stressing that they should serve the battlefield and troops, and embrace the future.

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China's UN envoy opposes weaponization of space

China's UN ambassador on Wednesday urged ongoing efforts to prevent outer space weaponization, to start prompt negotiations for a binding arms control treaty, and to ensure space remains peaceful for all member states and humanity.

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China's Shenzhou-18 crew members meet press

Senior Colonel Ye, the mission commander, was also a crew member of the Shenzhou 13 mission that returned in April 2022, while Li Cong and Li Guangsu will be making their first spaceflight. All of them are from the post-1980s generation.

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Zhongguancun Forum to kick off in Beijing

Themed "Innovation: Building a Better World," this year's forum is to be held at Zhongguancun International Innovation Center for the first time in Beijing from April 25 to 29. Covering an area of 65,000 square meters, the center is 12 meters high with 3 floors.

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Wisteria flowers enter best viewing season in Beijing

Wisteria flowers are in full blossom, looking like a purple curtain at Yuyuantan Park in Beijing, April 24, 2024.

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Congress passed a TikTok bill. Will the US really ban the app?

A bill passed by Congress and signed by Biden requires owner ByteDance to sell or face a US ban – it’s its biggest threat yet

The House of Representatives passed a bill that would require TikTok owner ByteDance to sell the social media platform or face a total ban in the United States. The Senate passed it less than a week later. Joe Biden signed it a day after the Senate voted yes.

TikTok is facing its biggest existential threat yet in the US. The app was banned in Montana last year, but courts found that prohibition unconstitutional, and it never went into effect.

Continue reading...

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Unjustifiable raids by EU condemned

The China Chamber of Commerce to the European Union, or CCCEU, condemned the European Commission's surprise raids of the offices of a Chinese company in Poland and the Netherlands on Tuesday in the name of investigating foreign subsidies.

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Shore power fueling more vessels at port

A greater number of vessels operating in the Yangtze River Economic Belt are using shore power, signifying progress is being made on the low-carbon development of the belt across its nine regions.

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Chengdu ready to lift curtain on horticultural expo

All preparations for the opening of the International Horticultural Exhibition 2024 Chengdu on Friday have been completed and it is ready to welcome visitors from around the world, a senior expo official said on Tuesday.

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Hotels in major Chinese cities suspend mandatory facial recognition

Multiple hotels across China have suspended mandatory facial recognition for guests who present a valid identity document when checking in, following Shanghai’s recent implementation of targeted regulations.

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Two giant pandas to depart for Spain from China on April 29

Two giant pandas, Jinxi and Zhuyu, will depart for the Madrid Zoo in Spain next Monday for a 10-year residency, according to the China Wildlife Conservation Association on Wednesday.

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World's biggest wheeled crane breaks barriers

At a 200-megawatt wind farm in Hengshui, the world's largest tonnage wheeled crane XCA4000 completed its first lift in March, lifting a 130-metric-ton nacelle, a 40-ton hub and three 95-meter-long blades weighing 28 tons each, to a height of 162 meters for assembly on the tower.

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Cross-Strait exchanges will have bright future says spokeswoman

The Chinese mainland will take proactive measures to promote exchanges and cooperation in various fields between the two sides of the Taiwan Strait, including tourism, a spokeswoman said on Wednesday.

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Chang'e 7 to survey the lunar south pole in 2026

China's Chang'e 7 robotic mission will carry six science payloads built by foreign scientists to the moon's south pole, according to the China National Space Administration.

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Chinese defense minister to attend SCO meeting in Kazakhstan

Chinese Defense Minister Dong Jun will attend the meeting of the Council of Defense Ministers of Member States of the Shanghai Cooperation Organization (SCO) in Astana, the capital city of Kazakhstan, from Wednesday to Friday, said the Ministry of National Defense.

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Shenzhou XVIII's post-1980 astronauts set for launch

The three post-1980 generation crew members of the Shenzhou XVIII mission said on Wednesday that their similar professional backgrounds and mutual trust will help them complete all the objectives set for the mission.

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Chongqing urged to boost modernization

President Xi Jinping has called on Chongqing, China's largest municipality in terms of both land area and population, to bear in mind the principle that cities should be built by the people and for the people, and to actively explore new ways for the modernization of governance in super-large cities.

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China praises Hungary for helping Sino-EU ties

Foreign Minister Wang Yi expressed hope on Wednesday that Hungary will be successful in encouraging the European Union to adopt a more active and pragmatic policy toward China and build a positive outlook for mutually beneficial cooperation.

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Biden campaign will continue to use TikTok despite divest-or-ban law

US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger voters

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Chinese woman charged in UK with criminal possession of crypto

Yadi Zhang made initial appearance at Westminster Magistrates Court on Wednesday

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Why is US threatening to ban TikTok and will other countries follow suit?

Joe Biden signs into law bill requiring Chinese owner to sell app’s US operations

Joe Biden has signed into law a bill that requires TikTok’s Chinese owner to sell the social media app’s US operations or face a ban, after the Senate passed the legislation.

The law, part of a foreign aid package for Ukraine, Israel and Taiwan, sets the clock ticking on a potential ban for a platform that is hugely popular in the US.

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What’s next for TikTok after Biden approves ban

Video app vows legal battle to prevent effort to separate it from Chinese parent

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US Congress approves bill banning TikTok unless Chinese owner sells platform

Move could lead to obsolescence of video app used by 170mn Americans

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EU conducts ‘dawn raid’ on Chinese security equipment supplier

Separate Brussels probe targets Chinese medical market amid growing trade tensions with Beijing

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AfD politician to run in European elections despite aide’s alleged spying for China

Maximilian Krah will remain German far-right party’s top choice despite accusations against Jian Guo

A far-right German politician has said he will continue to run for the upcoming European parliamentary elections despite allegations that his adviser was spying for the Chinese government.

Maximilian Krah, who is the lead contender for the Alternative für Deutschland (AfD) party, told journalists in Berlin: “I am and will remain the main candidate” after an emergency meeting with party bosses on Wednesday morning after the allegations came to light.

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The silent army that makes Beijing’s daily life possible

Robot deliveries are becoming a common sight but in a world of apps and automation it's hard-pressed gig workers who ease the friction

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China warns US after Senate passes aid bill worth billions to Taiwan – video

Beijing has warned Washington to stop arming Taiwan after the US Senate approved a bill that includes $8bn for countering China’s actions threatening America's allies in the Indo-Pacific region. The package covers a wide range of parts and services aimed at maintaining and upgrading Taiwan’s military hardware and is meant to counter the threat of invasion by China, which claims the island as its own territory. Separately, Taiwan has signed billions in contracts with the US for the latest-generation F-16V fighter jets, M1 Abrams tanks and the Himars rocket systems, which Washington has also supplied to Ukraine

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China’s search for an answer to ChatGPT is just beginning

At depressed valuations, SenseTime offers a low-risk bet on a potential winner

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Traditional horse race held at 'Third Month Fair' in Yunnan

On Tuesday, racehorses galloped across a course in Dali, southwest China's Yunnan Province, sprinting for the finish line. 

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UK ‘helping Russia pay for its war on Ukraine’ via loophole on refined oil imports

£2.2bn-worth of oil processed in China, India and Turkey – to whom Russia supplies crude – was imported in 2023, data shows

The UK has been accused of “helping Russia pay for its war on Ukraine” by continuing to import record amounts of refined oil from countries processing Kremlin fossil fuels.

Government data analysed by the environmental news site Desmog shows that imports of refined oil from India, China and Turkey amounted to £2.2bn in 2023, the same record value as the previous year, up from £434.2m in 2021.

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Antony Blinken arrives in China with warning for Beijing over support of Russia

US secretary of state to hold talks with Chinese counterpart and most likely with President Xi Jinping

Antony Blinken has landed in China amid a worsening rift between the world’s two most powerful countries that threatens to overshadow otherwise improving relations.

The US secretary of state arrives with a warning that the US and its European allies are no longer prepared to tolerate China’s sale of weapon components and dual-use products to Russia, which are helping Vladimir Putin rebuild and modernise his arms factories, enabling him to intensify his onslaught on Ukraine.

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US Senate passes $95bn bill including aid for Ukraine

China criticises appropriation for more military assistance to Taiwan

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ALS fighter vows to fight till the end

The health of Cai Lei, chairman of Askhelpu and former JD.com vice president, is worsening due to suffering the Amyotrophic lateral sclerosis(ALS), risking potential respiratory failure.

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China unveils Shenzhou-18 crew for space station mission

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China Space Day: Exploring China's Romanticism in Space

China Space Day: Exploring China's Romanticism in Space

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Insights丨China-Europe Railway Express hailed as a new artery amid supply chain disruption

As an extensive network of rail services connecting China and Europe, the China-Europe Railway Express (CRE) shows its unique significance as uncertainties like the Red Sea crisis are wreaking havoc on global trade.

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Why China’s market slump is far from a crisis

Investors should not write off the country’s growth potential

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China in Diplomat's Eyes: Vibrant Xi'an city in antiquity and modernity

The historical sites tell the stories of the past and present, the ancient streets carry the traditional city elements. In northwest China’s Xi’an city, visitors can not only experience the profound history of China in places like Datang Furong Garden and the city walls dating back to the Western Han Dynasty (202 BC-25 AD), but also explore the cultural imprints among modern buildings. They can also have a close touch with pandas, which serve an ecological icon for cultural communications of the city.

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Flights and train services resume in Guangdong

Rail transport, affected by days of rainstorms in northern Guangdong and elsewhere, has been restored since Monday, with all high-speed trains and ordinary speed trains operating normally.

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China has most top 100 science and tech clusters

China became the nation with the most "top 100 science and technology clusters" for the first time last year, an official from the country's top intellectual property regulator said on Wednesday.

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TikTok fortune of billionaire Republican donor Jeff Yass threatened by Washington

Investor’s Susquehanna International Group owns estimated $40bn stake in parent company ByteDance as app faces potential ban

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Chinese speculators super-charge gold rally

Huge bullish bets on Shanghai exchanges show growing clout of Asian traders in market for precious metal

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The China-Russia trade friendship may not be quite what you think

Commercial ties between the two powers appear to be catching up from an abnormally low base

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TechScape: No WhatsApp in China, no TikTok in the US, and the return of Llama

In this week’s newsletter: While Apple removed the platform from App Stores without a squeak of public protest, its battle with the EU rages on. Plus, how a ban in the US could change TikTok everywhere

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Another day, another set of troubles for Apple’s App Store. This time, the company had bowed to orders from the Chinese state to remove WhatsApp and Threads, two of the last Meta apps still available in the country.

From our story:

Apple confirmed it had withdrawn the two apps – both owned by Meta, also the owner of Facebook – under instruction from the Cyberspace Administration of China, which regulates and censors China’s highly restricted internet and online content.

“The Cyberspace Administration of China ordered the removal of these apps from the China storefront based on their national security concerns,” Apple said in an emailed statement to Reuters. “We are obligated to follow the laws in the countries where we operate, even when we disagree.”

The House of Representatives voted 360 to 58 on the updated divest-or-ban [TikTok] bill that could lead to the first time ever that the US government has passed a law to shut down an entire social media platform.

The Senate is expected to vote on the bill next week and Joe Biden has said he will sign the legislation.

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Hong Kong’s bubble tea IPO flop is a sign of the market times

Chabaidao’s experience reflects weak local investor sentiment

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AfD politician’s aide arrested on suspicion of spying for China

Man worked as assistant to Maximilian Krah, top candidate in European parliament elections, say prosecutors

A close adviser to a leading member of Germany’s far-right populist Alternative für Deutschland party (AfD) has been arrested on suspicion on spying for China in the latest high-profile espionage case to have come to light.

The man, identified by prosecutors as Jian G, was accused of “an especially severe instance” of espionage, prosecutors said, following his arrest in the early hours of Tuesday morning. It comes after the arrests of three German citizens accused of industrial spying for China in return for payment.

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Taiwan debates removing 760 statues of Chinese dictator Chiang Kai-shek

In move seen by the opposition as an attempt to de-sinocise Taiwan, the ruling party is pushing ahead with plans to rid the island of monuments to the dictator

Taiwan’s government has pledged to work faster in response to calls to remove almost 800 statues of Chiang Kai-shek, the Chinese military dictator who ruled the island for decades under martial law, but whose legacy remains a point of contentious debate.

In 2018 the government established a transitional justice committee to investigate the rule of the former generalissimo, who was president of the Republic of China (ROC) – in China and then in Taiwan – until his death in 1975. Among its recommendations was to remove the thousands of statues from public spaces.

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China floods: four killed in Guangdong sparking concerns over extreme weather defences

Heavy rainstorms in the densely populated Pearl River Delta have left large parts of Guangdong province underwater

Heavy rainstorms that swept across southern China over the weekend killed at least four people as floods swamped cities in the densely populated Pearl River Delta, state media reported.

A search was under way for 10 others missing after record-breaking rains sparked concerns about the region’s defences against bigger deluges induced by extreme weather events.

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Booing your own anthem - Hong Kong and a dilemma

Beijing's increasing influence has led to speculation that Hong Kong's days of an independent football scene are numbered.

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Three German citizens arrested on suspicion of spying for China

Prosecutors say trio are accused of passing on technical military knowledge and export of a laser without permissions

Three German citizens, a married couple from Düsseldorf and a man from Bad Homburg, have been arrested on suspicion of spying on behalf of China, prosecutors have said, in the second high-profile alleged espionage case reported in the country in days.

The three are accused of passing on technical military knowhow to Chinese authorities in return for money. The head of Germany’s domestic intelligence agency said it could be “just the tip of the iceberg” of spy rings operating in Germany.

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Two men in UK charged with spying for China

Christopher Berry, 32, and Christopher Cash, 29, accused of providing prejudicial information to a foreign state

A parliamentary researcher who was arrested last year on suspicion of spying for China has been charged along with another man with espionage offences.

Christopher Cash, 29, who had access to parliament through his work for an organisation set up by Conservative MPs, is to appear in court on Friday after he and Christopher Berry, 32, were charged under the Official Secrets Act.

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Tens of thousands evacuated from massive China floods

Three die as rain-swollen rivers burst their banks in Guangdong, China's most populous province.

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Southern China is inundated by floods – video report

Floods have swamped a number of cities in the densely populated Pearl River delta after record-breaking rains. Precipitation records for April have already been broken in many parts of Guangdong, leaving large areas of the province underwater. State media have released footage showing rescue and cleanup operations under way. Further footage shows a car getting swept away by rushing water and a bridge in Guangdong province collapsing

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Beijing warns against flexing of ‘gunboat muscles’ as US and Philippines begin military drills

The annual Balikatan, or ‘shoulder-to-shoulder’ drills will for the first time take place outside of the Philippines’ territorial waters

A Chinese military official has warned against countries flexing “gunboat muscles”, as the Philippines and US begin three weeks of unprecedented joint drills in the South China Sea.

The annual Balikatan, or “shoulder-to-shoulder” drills, began on Monday and will run until 10 May. For the first time the exercises will be held beyond the Philippines’ territorial waters – 12 nautical miles offshore – and will involve the Philippines coast guard (PCG) in an active role. They will also involve other countries in secondary or observer roles, including Australia and France.

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Pro-China party wins landslide victory in Maldives parliamentary elections

Voters back President Mohamed Muizzu’s tilt towards China and away from traditional ally India

Maldives voters have backed President Mohamed Muizzu’s tilt towards China and away from traditional benefactor India, with his party winning control of parliament in an election landslide.

Muizzu’s People’s National Congress (PNC) won 66 of the first 86 seats declared, according to the Elections Commission of Maldives, already more than enough for a super-majority in the 93-member parliament.

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How Chinese firms are using Mexico as a backdoor to the US

Chinese firms are racing to set up factories in Mexico to bypass US tariffs and sanctions.

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Global defence budget jumps to record high of $2440bn

For the first time, government military spending increased in all five geographical regions, Sipri thinktank finds

Global military expenditure has reached a record high of $2440bn (£1970bn) after the largest annual rise in government spending on arms in over a decade, according to a report.

The 6.8% increase between 2022 and 2023 was the steepest since 2009, pushing spending to the highest recorded by the Stockholm International Peace Research Institute (Sipri) in its 60-year history.

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Millions at risk of floods in China’s Guangdong province after heavy rain

Officials urge municipalities to begin emergency planning after major rivers and reservoirs threaten to overflow

Major rivers, waterways and reservoirs in China’s Guangdong province are threatening to unleash dangerous floods, forcing the government to enact emergency response plans to protect more than 127 million people.

Calling the situation “grim”, local weather officials said sections of rivers and tributaries at the Xijiang and Beijiang river basins are hitting water levels in a rare spike that only has a one-in-50 chance of happening in any given year, the state broadcaster CCTV news said on Sunday.

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New Cold Wars review: China, Russia and Biden’s daunting task

David Sanger of the New York Times delivers a must-read on the foreign policy challenges now facing US leaders

Russia bombards Ukraine. Israel and Hamas are locked in a danse macabre. The threat of outright war between Jerusalem and Tehran grows daily. Beijing and Washington snarl. In a moment like this, David Sanger’s latest book, subtitled China’s Rise, Russia’s Invasion, and America’s Struggle to Defend the West, is a must-read. Painstakingly researched, New Cold Wars brims with on-record interviews and observations by thinly veiled sources.

Officials closest to the president talk with an eye on posterity. The words of the CIA director, Bill Burns, repeatedly appear on the page. Antony Blinken, the secretary of state, and Jake Sullivan, the national security adviser, surface throughout the book. Sanger, White House and national security correspondent for the New York Times, fuses access, authority and curiosity to deliver an alarming message: US dominance is no longer axiomatic.

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US House passes bill that could lead to total TikTok ban

Bill – with updated language that extends deadline to a year for ByteDance to divest of TikTok – to go before Senate next week

The House of Representatives voted 360 to 58 on the updated divest-or-ban bill that could lead to the first time ever that the US government has passed a law to shut down an entire social media platform.

The Senate is expected to vote on the bill next week and Joe Biden has said he will sign the legislation.

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Top three stripped of medals in Beijing half marathon

The top three finishers of the Beijing half marathon are stripped of their medals after an investigation into the controversial result.

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Why a deluge of Chinese-made drugs is hard to curb

Thousands of Chinese companies are making synthetic opioids and shipping them around the world.

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The West says China makes too much. Its workers disagree

Migrants are caught in China's manufacturing battles with the West, as Beijing tries to save its economy.

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China influencer's pages shut down over fake story

Thurman Maoyibei's accounts have vanished after it was found that she fabricated a viral video.

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China will have 300 million pensioners. Can it afford them?

The country is running out of time to build enough of a fund to care for its growing number of elderly.

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Netflix's 3 Body Problem, a billionaire and a 'despicable' murder

Xu Yao, who worked on the Netflix adaptation, poisoned his colleague Lin Qi over a business dispute.

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More couples are saying 'I do' in China

The number of newlyweds rises for the first time in nine years as authorities try to reverse record-low birth rates.

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Sharing New Opportunities and Creating New Development Pattern

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