Category: China
Grid flexibility, renewable power storage the real solution to China’s energy security issues, not coal plants, analysts say
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. China must enhance its energy security by investing more in grid infrastructure to improve its flexibility to cope with demand and supply shocks, analysts including Greenpeace’s Xie Wenwen say. https://www.scmp.com/business/china-business/article/3218581/grid-flexibility-renewable-power-storage-real-solution-chinas-energy-security-issues-not-coal-plants?utm_source=rss_feed
Read MoreTSMC defies market pessimists as stock bulls raise target price after Temasek, Buffett’s Berkshire dump stakes
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. It has been a good ride for TSMC shareholders this year, notwithstanding geopolitical and industry setbacks, while big investors like Temasek and Berkshire Hathaway pulled back on their bets. https://www.scmp.com/business/china-business/article/3218617/tsmc-defies-market-pessimists-stock-bulls-raise-target-price-after-temasek-buffetts-berkshire-dump?utm_source=rss_feed
Read MoreUS seeks to ‘de-risk’ its relationship with China, national security adviser says
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Jake Sullivan uses same language as EU leader Ursula von der Leyen, in a bid to more closely align Washington and Brussels approaches to Beijing. https://www.scmp.com/news/china/article/3218656/us-seeks-de-risk-its-relationship-china-national-security-adviser-says?utm_source=rss_feed
Read MoreAlibaba Cloud seeks bigger edge in home market amid growing competition, threat of US sanctions
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Alibaba has high hopes for the cloud unit, which remains a market leader in China while grappling with slowing growth last year. https://www.scmp.com/tech/big-tech/article/3218626/alibaba-cloud-seeks-bigger-edge-home-market-amid-growing-competition-threat-us-sanctions?utm_source=rss_feed
Read MoreChen Xi: the presidential aide who built China’s new technocracy
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. As head of the Communist Party’s Organisation Department, Chen oversaw the emergence of a group of Tsinghua and tech cadres at the very top of Chinese politics. https://www.scmp.com/news/china/politics/article/3218592/chen-xi-presidential-aide-who-built-chinas-new-technocracy?utm_source=rss_feed
Read MoreChina jobs: Beijing in search of new arsenal to create fresh vacancies for its graduates
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. With a record number of college students set to graduate, China’s State Council has rolled out 15 measures to address its weak job market amid the uneven post-coronavirus economic recovery. https://www.scmp.com/economy/economic-indicators/article/3218604/china-jobs-beijing-search-new-arsenal-create-fresh-vacancies-its-graduates?utm_source=rss_feed
Read MoreMost Chinese-Americans say racial discrimination and hate crime fears plague their life, survey finds
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Community members are increasingly active politically, multilingual at home and more diverse economically than widely portrayed, study also reveals. https://www.scmp.com/news/china/article/3218495/most-chinese-americans-say-racial-discrimination-and-hate-crime-fears-plague-their-life-survey-finds?utm_source=rss_feed
Read MoreBYD profit plunges 43.5 per cent as China’s car-market price war breaks three-quarter winning streak
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The carmaker reported that net profit fell to 4.13 billion yuan (US$596.28 million) in the first quarter, down from 7.3 billion yuan in the fourth quarter as potential buyers anticipated bigger price cuts. https://www.scmp.com/business/china-business/article/3218627/byd-profit-plunges-435-cent-chinas-car-market-price-war-breaks-three-quarter-winning-streak?utm_source=rss_feed
Read MoreAsian elephant habitat shrinks almost two-thirds in 300 years, including 94 per cent drop in China, study finds
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Lead author says much of the animal’s allocated range land in Yunnan province might not be suitable, prompting herds to search elsewhere. https://www.scmp.com/news/china/science/article/3218602/asian-elephant-habitat-shrinks-almost-two-thirds-300-years-including-94-cent-drop-china-study-finds?utm_source=rss_feed
Read MoreArgentina to settle Chinese imports in yuan as China marches into South America to dethrone US dollar
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 by paying for over US$1 billion of Chinese imports in April in yuan instead of US dollars, Economy Minister Sergio Massa confirmed following a meeting with Chinese ambassador Zou Xiaoli. https://www.scmp.com/economy/global-economy/article/3218577/argentina-settle-chinese-imports-yuan-china-marches-south-america-dethrone-us-dollar?utm_source=rss_feed
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