China – Page 107 – Prologue Journal

Salary caps spread in China’s finance sector amid ‘common prosperity’ drive

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Some state-backed securities firms have already implemented annual pay caps for senior executives – and large banks, insurance firms and stock exchanges are next. https://www.scmp.com/economy/china-economy/article/3295952/salary-caps-spread-chinas-finance-sector-amid-common-prosperity-drive?utm_source=rss_feed

Chinese scientist named as new chairwoman of international nuclear standards committee

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Xiao Chen will take the helm at the International Electrotechnical Commission committee for nuclear instrumentation. https://www.scmp.com/news/china/science/article/3295912/chinese-scientist-named-new-chairwoman-international-nuclear-standards-committee?utm_source=rss_feed

High-level EU-China talks to resume as top diplomats slated to meet in Munich

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Kaja Kallas, who recently assumed EU post, and Wang Yi will sit down next month, after a brief handshake between senior officials in Davos. https://www.scmp.com/news/china/article/3295899/high-level-eu-china-talks-resume-top-diplomats-slated-meet-munich?utm_source=rss_feed

Rubio backs Manila, condemns Beijing’s ‘dangerous’ actions in South China Sea

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The US secretary of state opens his term by reaffirming Washington’s commitment to the Philippines and other regional allies. https://www.scmp.com/news/china/diplomacy/article/3295884/rubio-backs-manila-condemns-beijings-dangerous-actions-south-china-sea?utm_source=rss_feed

China directs pension, insurance funds into nation’s A shares to anchor stock market

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Starting this year, 30 per cent of the annual insurance premium earned from new coverage policies will be put into yuan-denominated A shares, said Wu Qing. https://www.scmp.com/business/article/3295881/china-directs-pension-insurance-funds-nations-shares-anchor-stock-market?utm_source=rss_feed

Rising US-China tensions top concerns of American firms in China, US trade group finds

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. AmCham China survey, conducted in weeks before and after Trump’s election, finds concerns over deteriorating relations have not been this high since Trump was last in office. https://www.scmp.com/economy/global-economy/article/3295856/rising-us-china-tensions-top-concerns-american-firms-china-us-trade-group-finds?utm_source=rss_feed

China’s super app WeChat bolsters e-commerce credentials via gift-giving feature

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The feature accounted for over 80 per cent of recent sales made by live-streaming e-commerce firm East Buy on WeChat, local reports say. https://www.scmp.com/tech/tech-trends/article/3295816/chinas-super-app-wechat-bolsters-e-commerce-credentials-gift-giving-feature?utm_source=rss_feed

China vows to protect overseas interests as hurdles and uncertainties mount

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Ministry of Commerce says commerce authorities at all levels must bolster risk controls and safeguard overseas interests. https://www.scmp.com/economy/global-economy/article/3295830/china-vows-protect-overseas-interests-hurdles-and-uncertainties-mount?utm_source=rss_feed

Pentagon appointments suggest Trump’s scepticism about Ukraine and its impact on Taiwan

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Several new Defence Department officials have disputed contention that supporting Ukraine’s defence could deter Beijing’s plans for Taiwan. https://www.scmp.com/news/china/military/article/3295874/pentagon-appointments-suggest-trumps-scepticism-about-ukraine-and-its-impact-taiwan?utm_source=rss_feed

Chinese mine worker killed in Isis-claimed attack in Afghanistan

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The victim had been travelling without notifying security officials, who typically accompany Chinese nationals on such trips, police say. https://www.scmp.com/news/world/russia-central-asia/article/3295871/chinese-mine-worker-killed-isis-claimed-attack-afghanistan?utm_source=rss_feed