China – Page 1117 – Prologue Journal

Salt + light + tech = record-setting Chinese solar power station

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. A massive array of panels erected at a salt farm in Tianjin is up and running, generating enough electricity for more than a million homes. https://www.scmp.com/news/china/science/article/3227202/salt-light-tech-record-setting-chinese-solar-power-station?utm_source=rss_feed

China needs process, time to heal economic scars left by coronavirus, ex-finance minister Lou Jiwei says

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Former finance minister Lou Jiwei suggests increasing China’s fiscal deficit amid growing concern among investors and businesses about China’s slower-than-expected economic recovery. https://www.scmp.com/economy/china-economy/article/3227190/china-needs-process-time-heal-economic-scars-left-coronavirus-ex-finance-minister-lou-jiwei-says?utm_source=rss_feed

China and Thailand launch air combat drills as Beijing shores up military ties in Southeast Asia

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. People’s Liberation Army fighters, bombers, early warning aircraft and ground-to-air missile installations take part in annual “Falcon Strike 2023”. https://www.scmp.com/news/china/military/article/3227189/china-and-thailand-launch-air-combat-drills-beijing-shores-military-ties-southeast-asia?utm_source=rss_feed

Chinese ride-hailing giant Didi narrows losses in first quarter on back of improved demand as domestic competition heats up

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Didi recorded a net loss of US$166 million in the first quarter, a significant improvement from its US$2.3 billion loss in the same period last year. https://www.scmp.com/tech/big-tech/article/3227151/chinese-ride-hailing-giant-didi-narrows-losses-first-quarter-back-improved-demand-domestic?utm_source=rss_feed

China’s ‘anxiety’ seen driving efforts to improve ties with South Korea, Japan

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Observers say Beijing’s push to improve relations is unlikely to stop Seoul and Tokyo from moving closer to Washington. https://www.scmp.com/news/china/diplomacy/article/3227159/chinas-anxiety-seen-driving-efforts-improve-ties-south-korea-japan?utm_source=rss_feed

After Yellen’s China trip saw these demands made and missteps avoided, Beijing calls to ‘beef up’ US cooperation

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. But despite an upbeat assessment by both sides, rifts still persist and restrictions will remain in the trade of various goods to China, such as advanced technology. https://www.scmp.com/economy/china-economy/article/3227139/after-yellens-china-trip-saw-these-demands-made-and-missteps-avoided-beijing-calls-beef-us?utm_source=rss_feed

Global Impact: Japan, nuclear watchdog under intense scrutiny over discharge of Fukushima nuclear-contaminated water

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. In this edition of the Global Impact newsletter, we look at the reaction to Japan’s plan to release treated radioactive waste water from the Fukushima Daiichi nuclear disaster and ponder what is next. https://www.scmp.com/economy/global-economy/article/3227113/global-impact-japan-nuclear-watchdog-under-intense-scrutiny-over-discharge-fukushima-nuclear?utm_source=rss_feed

6 dead in attack at kindergarten in China’s Guangdong province

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. A report from Chinese media platform Cover News says the attacker used a knife to kill the victims. https://www.scmp.com/news/china/politics/article/3227130/6-dead-attack-kindergarten-chinas-guangdong-province?utm_source=rss_feed

European Chamber of Commerce urges Beijing to extend expat employee tax breaks for housing, education amid fears of exodus of talent

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The European Chamber of Commerce (EUCham) in China is lobbying Beijing to extend tax exemptions on a range of employee benefits such as housing and children’s education amid fears their expiry could exacerbate an…

China consumer inflation flat in June, but factory-gate prices fall further

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. China’s consumer price index (CPI) remained flat in June, year on year, while the producer price index (PPI) fell by 5.4 per cent last month, data released on Monday showed. https://www.scmp.com/economy/economic-indicators/article/3227104/china-consumer-inflation-flat-june-factory-gate-prices-fall-further?utm_source=rss_feed