Category: China
Chinese online travel agent Trip.com to subsidise employee newborns as country’s population crisis deepens
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Trip.com’s new policy of providing 50,000 yuan (US$6,897) in subsidies to employees who give birth puts it at the forefront of corporate efforts to address China’s declining population. https://www.scmp.com/tech/big-tech/article/3226135/chinese-online-travel-agent-tripcom-subsidise-employee-newborns-countrys-population-crisis-deepens?utm_source=rss_feed
Read MoreChina’s Communist Party reaches 98 million members but youth membership falls
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. ‘We need to weed out those who appreciate Western values, indulge in extravagance, avoid tough duties, or have doubts with the party’s directions’: source. https://www.scmp.com/news/china/politics/article/3226150/chinas-communist-party-reaches-98-million-members-youth-membership-fell-due-strict-screening?utm_source=rss_feed
Read MoreArgentina to allow bank accounts in China’s yuan as internationalisation push takes ‘another small step’
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Argentina will start to accept China’s yuan for deposit-taking in savings and current accounts as the South American nation is battling a dwindling supply of US dollars. https://www.scmp.com/economy/global-economy/article/3226142/argentina-allow-bank-accounts-chinas-yuan-internationalisation-push-takes-another-small-step?utm_source=rss_feed
Read MoreRussia calling: red carpet rolled out for Chinese tourists as Western sanctions bite
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. New e-visa system and more Chinese signage are among tourist-friendly moves, but security concerns, as with the recent Wagner rebellion, remain. https://www.scmp.com/news/china/diplomacy/article/3225993/russia-calling-chinese-tourists-find-red-carpet-laid-down-western-sanctions-bite?utm_source=rss_feed
Read MoreChina pumps out half of world’s energy storage research as US share declines
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. An overview of China’s output in 2022 reports it has become the ‘most active’ country in the hunt for scalable storage options for renewables. https://www.scmp.com/news/china/science/article/3226010/china-pumps-out-half-worlds-energy-storage-research-us-share-declines?utm_source=rss_feed
Read MoreChina’s economic recovery struggles go on as manufacturing activity contracts for third straight month in June
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. China’s official manufacturing purchasing managers’ index (PMI) rose to 49 in June from 48.8 in May, while the non-manufacturing gauge fell to 53.2 from 54.5, data released on Friday showed. https://www.scmp.com/economy/economic-indicators/article/3226011/chinas-economic-recovery-struggles-go-manufacturing-activity-contracts-third-straight-month-june?utm_source=rss_feed
Read MoreUS weapon to jam Chinese and Russian satellites is running two years late
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The first portable Meadowlands systems from L3Harris Technologies were originally due last year, but are now expected in late 2024 because of technical issues. https://www.scmp.com/news/world/united-states-canada/article/3226007/us-weapon-jam-chinese-and-russian-satellites-running-two-years-late?utm_source=rss_feed
Read MoreEU seeks to project united approach towards China ahead of high-level Brussels meetings
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Bloc aims to ‘de-risk and diversify’ for mutual economic benefit yet not ‘decouple or turn inwards’, according to leaked draft statement seen by Post. https://www.scmp.com/news/china/article/3225892/eu-seeks-project-united-approach-towards-china-ahead-high-level-brussels-meetings?utm_source=rss_feed
Read MoreIndia and Philippines vow stronger cooperation as both eye China’s regional claims with unease
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Foreign ministers project solidarity as New Delhi joins Manila’s call for adherence to international law, including arbitration ruling against Beijing. https://www.scmp.com/news/china/article/3226004/india-and-philippines-vow-stronger-cooperation-both-eye-chinas-regional-claims-unease?utm_source=rss_feed
Read MoreWagner mutiny shows China’s ‘no limits’ partnership with Russia is a risky bet
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. It is in Beijing’s interests to have Putin firmly in power, keeping Russia’s borders stable, fuel supplies to China safe and the West distracted. However, as the Wagner mutiny has pointed to the possibility…
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