Alibaba announces future restructuring

 The CEO of Chinese e-commerce and financial giant Alibaba said, that the company is moving toward giving up control of some of its business units in a transition toward becoming a capital operator to optimize the value of its sprawling businesses.

Hong Kong announces plans to give up half a million airline tickets

Hong Kong announced plans to give up half a million airline tickets to support tourism and easy aviation movements.

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China .. Life imprisonment for a US citizen on espionage charges

 In a case that could aggravate the deterioration of relations between Beijing and Washington over recent years, China sentenced a 78-year-old US citizen to life imprisonment on Monday, May 15, 2023, on espionage charges.

Lithium causes the collapse of the electric car dream in Indonesia

 Indonesia importing a fraction of the lithium needed to crank up EV battery production with no clear new source in sight.

Washington calls for lifting sanctions on Hong Kong leader to improve US-China relations

 Chinese expert says ‘concrete actions’ are needed to improve ties between Beijing and Washington.

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Three arrested after model Abby Choi’s dismembered body found in Hong Kong

Police in Hong Kong said Saturday they have arrested three people following the discovery of the dismembered body of a model and influencer Abby Choi.

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