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Taiwan is experiencing heightened military tensions as China conducts live-fire drills near Niushan Island, following a series of aggressive military exercises. Taiwan's government downplays the significance of these drills, while U.S. naval operations in the region continue to assert freedom of navigation. The situation reflects ongoing geopolitical tensions between Taiwan and China.
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The Hurun China Rich List reveals a significant decline in billionaires, with only 753 remaining in 2024. Zhang Yiming of ByteDance tops the list, reflecting the impact of China's economic struggles on wealth accumulation. The report highlights a shift from traditional industries to tech and e-commerce as new wealth sources emerge.
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Chinese officials are contacting women to encourage childbirth amid a declining birth rate. Jane Huang, a mother from Fujian, shared her experience of being questioned about her pregnancy plans, highlighting generational differences in attitudes towards family planning. This reflects broader demographic challenges facing China.