Category: China
China urged to take immediate action to halt economic downward spiral, propping up ‘effective demand’ key
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Propping up demand is key, while direct subsidies should also be distributed to consumers, top economists said, with China’s post-coronavirus economic recovery having been hit by a string of weak data. https://www.scmp.com/economy/economic-indicators/article/3224624/china-urged-take-immediate-action-halt-economic-downward-spiral-propping-effective-demand-key?utm_source=rss_feed
Read MoreFor first time, Taiwanese experts will join US-Japanese war games simulating cross-strait clash
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Military and security specialists from Taiwan to travel to Tokyo in July to take part in tabletop simulations about how to deal with threat from mainland China, according to government think tank in Taipei.…
Read MoreTencent jumps on ChatGPT bandwagon by rolling out LLM for corporate clients, including state media
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Together with clients, Tencent has launched over 50 LLM-enabled industrial solutions covering over 10 industries. https://www.scmp.com/tech/big-tech/article/3224643/tencent-jumps-chatgpt-bandwagon-rolling-out-llm-corporate-clients-including-state-media?utm_source=rss_feed
Read MoreChina sends record 41 satellites to join Jilin-1 hi-res constellation
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The launch brings the total in orbit to 108, with plans to have 300 by 2025, offering daily close-up imaging of the Earth’s surface. https://www.scmp.com/news/china/science/article/3224636/china-sends-record-41-satellites-join-jilin-1-hi-res-constellation?utm_source=rss_feed
Read MoreBeijing raises ‘serious concerns’ over Japan’s arrest of Chinese researcher in trade secrets case
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Quan Hengdao was taken into custody last week on suspicion of leaking data from a top Japanese institute. https://www.scmp.com/news/china/diplomacy/article/3224637/beijing-raises-serious-concerns-over-japans-arrest-chinese-researcher-trade-secrets-case?utm_source=rss_feed
Read MoreChina’s 618 shopping festival loses its shine, as Alibaba and JD.com avoid sales figures for more flattering data
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. E-commerce firms avoided discussing gross merchandise value numbers, once a key indicator of success, after China’s second-largest shopping festival concluded. https://www.scmp.com/tech/big-tech/article/3224603/chinas-618-shopping-festival-loses-its-shine-alibaba-and-jdcom-avoid-sales-figures-more-flattering?utm_source=rss_feed
Read MoreChina should use policy space to boost disposable income, consumer confidence to prop up its economy: US report
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. US Treasury department suggests China should ‘prioritise measures’ to boost household disposable income and consumer confidence in a report seen to partly reflect how Washington views China’s slowing economy. https://www.scmp.com/economy/global-economy/article/3224627/china-should-use-policy-space-boost-disposable-income-consumer-confidence-prop-its-economy-us-report?utm_source=rss_feed
Read MoreChinese Premier Li Qiang arrives in Germany on first state visit to solidify relations amid ‘more chaos and changes’
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Li Qiang will attend inter-government and business talks aimed at ‘properly handling differences’ with Berlin, according to Chinese state media. https://www.scmp.com/news/china/diplomacy/article/3224588/chinese-premier-li-qiang-arrives-germany-first-state-visit-solidify-relations-amid-more-chaos-and?utm_source=rss_feed
Read MoreGlobal Impact: home-grown C919 passenger jet, first locally built large cruise ship highlight China’s advanced manufacturing progress
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 back at the two major milestones and examines what they mean for China’s efforts to find another economic growth engine, and of course, compete…
Read MoreBlinken in Beijing: Wang Yi says US’ ‘erroneous perception’ of China to blame for worsening ties
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Wang tells US Secretary of State it is ‘necessary to make a choice between dialogue and confrontation, cooperation and conflict’. https://www.scmp.com/news/china/diplomacy/article/3224560/antony-blinken-and-wang-yi-meet-beijing-us-and-china-push-mend-strained-relationship?utm_source=rss_feed
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