China – Page 1229 – Prologue Journal

Taiwan ‘critical’ to peace in the Indo-Pacific, head of de facto US embassy tells President Tsai Ing-wen

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Taiwan is a ‘force for good in the world’, Laura Rosenberger, who took office as AIT chair last month, tells President Tsai Ing-wen in Taipei. https://www.scmp.com/news/china/diplomacy/article/3217633/taiwan-critical-peace-indo-pacific-head-de-facto-us-embassy-tells-president-tsai-ing-wen?utm_source=rss_feed

China’s economic tumult slows ‘unicorn’ stampede as US sees billion-dollar valuations soar

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. TikTok parent ByteDance remains the world’s most valuable unicorn, topping Elon Musk’s SpaceX in the second spot, but China appears to have lost the edge it held before the pandemic. https://www.scmp.com/economy/china-economy/article/3217602/chinas-economic-tumult-slows-unicorn-stampede-us-sees-billion-dollar-valuations-soar?utm_source=rss_feed

Chinese scientists find new clue to origin of life on Earth in ‘string of pearls’ fossil from 800 million years ago

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. ‘Horodyskia was a living organism’, says Chinese co-lead of recent fossil study that is a key step forward in understanding the early evolution of life on Earth https://www.scmp.com/news/china/science/article/3217615/chinese-scientists-find-new-clue-origin-life-earth-string-pearls-fossil-800-million-years-ago?utm_source=rss_feed

Hong Kong digital asset platform OSL to launch personalised AI trading bot

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. One of Asia’s largest digital asset platforms has launched a prototype artificial intelligence (AI) trader bot as the digital asset space quickly adapts to the hot new technology. https://www.scmp.com/tech/article/3217601/hong-kong-digital-asset-platform-osl-launch-personalised-ai-trading-bot?utm_source=rss_feed

Chinese social media closely monitors Apple CEO Tim Cook’s trip to India amid concerns over supply chain shift to South Asian nation

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Apple’s retail expansion in India reflects its growing confidence in the country as a major sales market and alternative manufacturing hub to China. https://www.scmp.com/tech/big-tech/article/3217611/chinese-social-media-closely-monitors-apple-ceo-tim-cooks-trip-india-amid-concerns-over-supply-chain?utm_source=rss_feed

Dalian Wanda Group firm’s bond prices slide on loan extension concerns, subsidiary’s IPO deadline

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Dalian Wanda Commercial Management’s offshore bonds fell this week as investors are concerned about possible extension to onshore trust loans, while the clock is ticking for its subsidiary to launch its IPO. https://www.scmp.com/business/banking-finance/article/3217603/dalian-wanda-group-firms-bond-prices-slide-loan-extension-concerns-subsidiarys-ipo-deadline?utm_source=rss_feed

Chinese and Russian defence chiefs agree to boost military ties

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Academies, branches and theatre commands will work together more closely, Chinese General Li Shangfu and his Russian counterpart Sergei Shoigu said. https://www.scmp.com/news/china/military/article/3217569/chinese-and-russian-defence-chiefs-agree-boost-military-ties?utm_source=rss_feed

Death toll in Beijing hospital fire rises to 29, dozens injured in deadliest blaze in decades

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Twelve people, including hospital director, construction company chief, have been detained by authorities https://www.scmp.com/news/china/politics/article/3217559/death-toll-beijing-hospital-fire-rises-29-dozens-injured?utm_source=rss_feed

Tech war: China’s Guangdong province doubles down on semiconductor expansion with 40 new projects worth US$74 billion, says top official

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Guangdong province, China’s southern tech manufacturing hub, is eyeing major expansion in its semiconductor industry to meet growing demand for chips from carmakers and electronics firms https://www.scmp.com/tech/big-tech/article/3217482/tech-war-chinas-guangdong-province-doubles-down-semiconductor-expansion-40-new-projects-worth-us74?utm_source=rss_feed

Foxconn wages fall below US$3 per hour in Shenzhen as Apple shifts supply chain away from China

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Foxconn was offering workers in China’s southern tech hub 19 to 20 yuan per hour this week, down from as much as 26 yuan last year, as Apple diversifies production away from China. https://www.scmp.com/tech/tech-trends/article/3217551/foxconn-wages-fall-below-us3-hour-shenzhen-apple-shifts-supply-chain-away-china?utm_source=rss_feed