Category: China
Companies in China to conduct regular personal data compliance audits under new rules
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Internet regulator’s draft regulation requires all firms to carry out the audits, including security checks for personal information being sent overseas. https://www.scmp.com/news/china/politics/article/3229902/companies-china-conduct-regular-personal-data-compliance-audits-under-new-rules?utm_source=rss_feed
Read More‘The capital’s moat’: thousands forced from homes in Hebei to ease flooding in Beijing
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Residents have been relocated to temporary housing but it could be some time before they can return to their properties. https://www.scmp.com/news/china/politics/article/3229896/capitals-moat-thousands-forced-homes-hebei-ease-flooding-beijing?utm_source=rss_feed
Read More‘Saudi priorities’ steering science and tech cooperation with China, report says
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Despite the growing ties there is a strong preference among Saudi elites to work with the West, according to Washington-based think tank. https://www.scmp.com/news/china/diplomacy/article/3229885/saudi-priorities-steering-science-and-tech-cooperation-china-report-says?utm_source=rss_feed
Read MoreFrom ‘coolies’ to robots: China is fast-tracking high-speed rail with AI-powered builders
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. AI-powered machines are taking on some of hardest jobs on the world’s biggest high-speed railway network. https://www.scmp.com/news/china/science/article/3229589/coolies-robots-china-fast-tracking-high-speed-rail-ai-powered-builders?utm_source=rss_feed
Read MoreChina’s household debt creeps upward, approaching warning line of International Monetary Fund
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Excessive levels of indebtedness and slow income growth among Chinese residents are constraining consumption, but for now China’s Politburo is relying more on domestic demand to fuel national growth. https://www.scmp.com/economy/china-economy/article/3229755/chinas-household-debt-creeps-upward-approaching-warning-line-international-monetary-fund?utm_source=rss_feed
Read MoreChina’s services activity expands at quicker pace in July, lifted by summer travel season
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Caixin/S&P Global services purchasing managers’ index (PMI) rose to 54.1 in July up from 53.9 in June, marking an expansion for the seventh straight month, data released on Thursday showed. https://www.scmp.com/economy/economic-indicators/article/3229800/chinas-services-activity-expands-quicker-pace-july-lifted-summer-travel-season?utm_source=rss_feed
Read MoreFormer HKEX CEO’s firm Micro Connect launches fundraising platform for small Chinese businesses after capital infusion
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The official launch on Thursday of Micro Connect’s Macau-based exchange comes a day after the company co-founded by Charles Li announced US$458 million in new funding. https://www.scmp.com/business/article/3229791/former-hkex-ceos-firm-micro-connect-launches-fundraising-platform-small-chinese-businesses-after?utm_source=rss_feed
Read MoreChinese scientists calculate 1 billion-tonne carbon dioxide emissions cost of Canadian wildfires
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Canadian government figures suggest emissions from disaster nearly double that of country’s total greenhouse gases from human activity in 2021. https://www.scmp.com/news/china/science/article/3229730/chinese-scientists-calculate-1-billion-tonne-carbon-dioxide-emissions-cost-canadian-wildfires?utm_source=rss_feed
Read MoreChina’s natural science fund supports new ‘chiplet’ tech research to advance semiconductor self-sufficiency amid threat of new US sanctions
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The National Natural Science Foundation of China, under the Ministry of Science and Technology, plans to fund as many as 30 research projects to be conducted over a period of three to four years.…
Read MoreChina exports: US, EU de-risking isn’t going away, ‘the worst is yet to come’
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. China is shipping fewer goods than it has since the onset of the pandemic, and exports could remain suppressed for years amid a global supply-chain upheaval. https://www.scmp.com/economy/china-economy/article/3229739/china-exports-us-eu-de-risking-isnt-going-away-worst-yet-come?utm_source=rss_feed
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