A powerful 7.4 magnitude earthquake in Taiwan has resulted in 10 confirmed deaths and left hundreds stranded or trapped. Rescue operations are ongoing, with 705 people in need of assistance and 688 stranded near key locations such as the Silks Palace Hotel. The earthquake's epicenter was near Hualien, and over 100 aftershocks have been recorded. Efforts are being made to provide aid and evacuate those affected, with weather conditions being monitored to facilitate aerial rescue operations.

He Lifeng has been appointed as the head of the Central Financial Commission and is seen as the new economic czar of China, although real power is believed to remain with President Xi Jinping. He Lifeng's background includes various political roles in Xiamen and Tianjin. Observers note that he is not a charismatic politician and is expected to implement Xi's will rather than pursue a free-market approach. Experts express concerns about China's economic challenges, including the housing market, local debt, and potential unemployment crisis. Relations with foreign investors are strained, and He's policy priorities are expected to focus on stimulating the economy through public investment, developing the real economy, and stimulating private consumption. The European Union Chamber of Commerce in China and the American Chamber of Commerce in Shanghai have provided their perspectives on He's appointment, emphasizing the need for a balanced approach and addressing economic challenges.

The Hong Kong court's liquidation order for China Evergrande Group is unlikely to be enforced in mainland China, as analysts suggest Beijing may not intervene directly. The potential domino effect of Evergrande's liquidation could severely impact China's property market and economy, affecting builders, banks, and home buyers. The Chinese government is considering measures to stabilize the real estate market, including relaxing home purchase restrictions and offering preferential mortgage rates. However, these policies have had limited success in reviving the market amid broader economic challenges.

China conducted a military drill involving 71 warplanes entering Taiwan's air defense zone, with 47 crossing the median line in the Taiwan Strait. This action followed the signing of the National Defense Authorization Act for 2023 by President Joe Biden, which includes funding for Taiwan. The Chinese People's Liberation Army stated the drills were a response to US and Taiwan provocations. Taiwan's military monitored the situation and deployed various defense measures.

A growing number of Chinese homebuyers are facing financial distress and social unrest due to unfinished pre-sold properties left by bankrupt developers. The crisis threatens China's economic growth and stability, with experts predicting a long-term economic slowdown. Protests have been widespread, with police repression reported. Analysts suggest different solutions, including government intervention and asset liquidation, but opinions vary on the best approach. The situation poses a significant challenge to China's leadership, particularly Xi Jinping, as it undermines public confidence in the government's economic management.

Hsu Chun-ying, a China-born woman who became a Taiwan citizen over two decades ago, is being considered for legislative candidacy by the Taiwan People's Party, sparking public concern over potential security risks due to her alleged ties to the Chinese Communist Party. Critics argue she may pose a security risk if elected, while Hsu denies being a CCP member and advocates for Chinese spouses in Taiwan. The controversy also highlights the issue of China-born spouses' political participation in Taiwan and the requirement to renounce their original nationality, which Hsu has not confirmed. The debate has been further complicated by Taiwan's view of China as part of its territory and the growing distrust towards China in Taiwanese society.

China's Belt and Road Initiative (BRI) marks its 10-year anniversary, with state media praising its global infrastructure achievements. However, the initiative faces criticism for corruption, excessive debt, and labor exploitation. Studies reveal that 35% of BRI projects are controversial, and some have failed due to corruption. Despite initial economic benefits, many BRI countries struggle with debt repayment. Chinese lending has declined, and the BRI's approach has been criticized for lacking developmental orientation. The initiative has also faced backlash for employing Chinese workers over local labor, leading to exploitation and unpaid wages.

Thibaut Bruttin, Director General of Reporters Without Borders, criticizes China's severe repression of journalists, highlighting cases like Zhang Zhan and Jimmy Lai. He emphasizes the need for strategic dialogue with countries having economic ties with China to improve human rights. Bruttin praises Taiwan's resilience against Chinese propaganda and underscores the importance of public pressure on governments to address human rights issues. Reporters Without Borders' Asia-Pacific office in Taipei has become a hub for human rights advocacy, successfully engaging policymakers and activists.

Chinese migrant workers in Israel are caught in the crossfire of Hamas airstrikes, expressing relief at Israel's anti-missile defenses and hoping for a cease-fire. Despite the conflict, China's government maintains a neutral stance, prioritizing its commercial interests in the region. The article highlights the experiences of workers like Liu and Li, who face safety concerns amid escalating violence. Sam Chester, a high-tech executive, suggests Israel may reassess its ties with China, which has not condemned Hamas. The situation underscores the complex geopolitical dynamics and the challenges of maintaining neutrality in conflict zones.

China's Belt and Road Initiative (BRI) marks its tenth anniversary, with state media praising its global infrastructure achievements. Despite successes, the initiative faces criticism for corruption, excessive debt, and labor exploitation. Studies reveal that 35% of BRI projects are controversial, with failed projects in Kazakhstan, Sri Lanka, and Malaysia highlighting governance issues. Critics argue that China's approach benefits local elites and burdens host countries with debt. However, some economists note initial economic benefits from infrastructure projects. Chinese loans have decreased, reflecting concerns over debt burdens. Future BRI plans aim for sustainable, high-tech development.