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‘It’s gaining momentum’: Russian teens dance to K-pop, enjoy anime amid Asian culture boom

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Read more: https://sc.mp/xuryy Young Russians are increasingly turning to countries like South Korea and Japan as sources of pop entertainment, amid economic sanctions that have limited their access to Western cultural products. For many, it is the all-roundedness of K-pop idols and the sense of community that appeal to them. Support us: https://subscribe.scmp.com Follow us on:…

Boom, bust and borrow: Has China’s housing market tanked?

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube For more on the Evergrande crisis: https://inks.tn/8e5d7a China’s property sector has been a key driver of the country’s economic growth since the 1990s. During the high-growth period, the sector brought in huge revenues and employment that contributed to 30 per cent of China’s GDP. But between 2020 and 2022, China’s housing market suddenly experienced an unprecedented…

India facing an urban boom as infrastructure struggles to keep up

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube The population of Mumbai, also known as India’s ‘Maximum City’, grew by some eight million people, roughly equivalent to the size of New York City, in the last 30 years. But Mumbai’s housing, transport, water and waste management infrastructure have not kept pace, with around 40 per cent of the city’s 20 million living in slums….

Fifa World Cup fuels business boom to this Chinese sporting goods hub

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Sporting goods factories in the Chinese manufacturing hub of Yiwu have picked up production to meet surging demand for Fifa World Cup-related merchandise. The world’s largest sporting event is just around the corner, sparking a rush on items such as footballs, jerseys, scarves and decorations. According to the Yiwu Sports and Fitness Products Industry Association, the…

Japan Airlines could be first in Asia flying new Boom Overture supersonic passenger jet

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Japan Airlines (JAL) is tipped to be among the first launch customers for US aircraft manufacturer Boom Supersonic’s Overture passenger jet. Designed to cruise at Mach 1.7 (2,100km/h) and run on sustainable aviation fuel, the jet is being hailed as a next-generation supersonic passenger plane. JAL has signed a pre-order agreement to purchase 20 of the…

Crayfish boom in China amid peak harvest season causes shellfish price to tumble

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube China’s crayfish industry has seen prices tumble due to a glut in supply during peak harvest season in May 2022. A popular delicacy, crayfish is commonly referred to in China as “little lobsters”. Daily sales of crayfish from surrounding areas in the northwestern city of Xuzhou – a major crayfish producer – can reach about 10,000kg…

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