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China experiences a sharp increase in sea levels, job challenges for Hong Kong's elite: SCMP outlines seven key stories

From Hong Kong's highly skilled professionals facing employment hurdles to controversy surrounding the consumption of hotpot inside an electric car, here are several notable points from SCMP's latest coverage.

1. Unprecedented surge in sea levels strikes China

On a recent Monday night, the coastal regions adjacent to the Bohai Sea in northeastern China experienced a usual tide that unexpectedly continued to swell. The rising waters rapidly inundated surrounding lands, triggering urgent emergency measures and breaking all previous records.

2. 'Personal' versus 'Transactional': The Southeast Asia Approaches of Harris and Trump

Experts anticipate that while the regional strategies of Kamala Harris and Donald Trump may align, Harris is likely to adopt a more "personal" stance, focusing closely on matters such as the South China Sea. Conversely, Donald Trump may take a firmer position on the contentious maritime area, possibly escalating tensions and heightening the likelihood of a clash with China.

3. U.S. Observes Easing Tensions at China-India Border; Analysts Believe Conflict Persists

Washington is attentively watching the situation after New Delhi disclosed an accord with Beijing concerning patrols along their 3,000 km (approximately 1,860 miles) contentious border.

4. Departing from Singapore: Examining Lee Hsien Yang and Six Others Who Sought Refuge

5. Controversy Strikes Chinese Auto Executive for Hotpot Video in Vehicle

A high-ranking official at a Chinese automobile firm faced considerable criticism after posting a video where he was seen having a hotpot in one of the company's latest car models, highlighting its versatile features and advanced air filtration system.

6. Employment Challenges: Hong Kong's Initiative Fails to Secure Jobs for Elite Recruits

Introduced in December 2022, Hong Kong’s premier talent program was designed to draw in globally distinguished graduates, professionals, and entrepreneurs as the city faced a talent exodus post-Covid-19. Officials reported that participants in this program received an average monthly income of HK$50,000 (US$6,390), purportedly contributing HK$34 billion to the local economy.

However, beneath this optimistic facade, there have been some challenges.

7. Prominent Chinese trade expo indicates declining interest from US and EU purchasers

As China's most established and extensive trade expo commenced its fall session last week, numerous Chinese vendors observed a noticeable decrease in the presence of European and North American buyers at the biannual gathering.


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China

Expert Warns of Talent Crisis in China’s Quantum Sector Amid Domestic Challenges and U.S. Tech Policy Shifts

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Is China's Quantum Dream at Risk Due to a Talent Shortage? A Leading Expert Believes It Is

China urgently requires elite technological experts but faces domestic challenges that stifle creativity and innovation, according to a prominent scholar.

"The evaluation process for Chinese researchers previously emphasized the number of papers they produced. The real skills and capabilities of the engineers and technologists were somewhat overlooked," explained Yu, who also holds the position of dean at the Shenzhen Institute of Quantum Science and Engineering.

Timestamp: 27

Biden aims to set back China's tech development by a decade with new policy

Previously, internal turmoil has hindered research advancements in China.


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China’s Quantum Leap Hindered by Talent Crisis and Stifling Appraisal Systems, Experts Warn

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Is China's Quantum Dream at Risk Due to a Talent Shortage? An Expert Believes It Is

China urgently requires elite technological expertise but faces domestic challenges that stifle creativity and innovation, according to a prominent scholar.

"Previously, the evaluation process for Chinese researchers prioritized their published works. The researchers' own skills in engineering and technology were deemed less significant," explained Yu, who also holds the position of dean at the Shenzhen Institute of Quantum Science and Engineering.

Time Stamp:

Biden's objective for technology policy regarding China: a decade-long setback

Internal turmoil has previously hindered research in China.


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Global Drug Policies and Consequences: How China’s Strict Anti-Drug Laws Impact Foreigners Abroad

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Why does China penalize foreigners for using drugs abroad, even in locations where it's permitted? A high-ranking official from Volkswagen was arrested and deported after coming back from Thailand, a country where using cannabis is legal.

The Ministry of Foreign Affairs has announced that Jochen Sengpiehl, who serves as VW's Chief Marketing Officer and oversees product strategy in China, has tested positive for cocaine. He was held in custody for 10 days prior to being deported.

News outlets have reported that he tested positive for cannabis as well, a substance that is legal in Thailand, unlike cocaine.

The incident underscores Beijing's strict "zero-tolerance" policy on drugs and highlights the potential for foreigners to be detained for drug-related offenses committed abroad. Here's an explanation of how the law is applied.

Is drug testing possible for travelers entering the nation?

Indeed. Passengers arriving from regions where cannabis and other substances are decriminalized may be subject to random drug screenings, with a focus on students and international visitors.


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China Ramps Up Counter-Intelligence to Protect Space Program from Foreign Espionage Threats

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China's Space Program Faces Bold Espionage Attempts, National Counterintelligence Agency Alerts

The Ministry of State Security has issued a warning that foreign operatives are focusing on space scientists and researchers in an effort to pilfer sensitive information from China.

China's leading agency tasked with countering espionage has issued a warning that foreign spies are trying to acquire secrets from its aerospace experts, and has consequently intensified its security measures.

The agency emphasized that space security is a fundamental and significant aspect of national security, noting that it is vital for safeguarding the country's space-based assets, rights, and the orbital environment against risks arising from natural phenomena and human actions.

"The protection of space has emerged as a crucial element in securing a nation's continued existence and growth," it stated.


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Global Currency Tensions: Europe Defends Euro Amid China-Russia Push, While US and EU Trade Policies Face Scrutiny Over Economic Impact

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Protect the euro from China and Russia's efforts to introduce a different currency, says the head of Europe's bank. The upcoming U.S. president is also encouraged to consider the adverse effects of trade 'restrictions and barriers' from the U.S. and EU on economic expansion and inflation.


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Turmoil at the Top: Corruption Allegations Hit Publisher of ‘The Three-Body Problem’ Amid Netflix Adaptation Criticism

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Chinese Publisher Linked to "The Three-Body Problem" Faces Corruption Allegations

Yao Haijun, the deputy editor-in-chief at Science Fiction World, is reportedly facing serious accusations of breaching party discipline and legal standards.

On Wednesday, the Sichuan anti-corruption agency posted on its website that its science and technology department had conducted a disciplinary review. According to the announcement, this department instructed the disciplinary inspection team in Luzhou to undertake the review.

Additional information was not provided.

Time: 07

Chinese audiences and critics have expressed dissatisfaction with Netflix's adaptation of the "Three-Body Problem" series, originally penned by sci-fi author Lu Cixin.

Yao, aged 58, embarked on his journey in the science fiction publishing industry over thirty years ago.


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Driving Success in the East: Strategies of Top Brands in the Largest Automotive Market Amid EV Boom and Regulatory Shifts

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In the race to dominate the Largest Automotive Market, both foreign automakers and domestic car brands are vying for the attention of China's middle class amidst urbanization and a growing economy. The shift towards Electric Vehicles (EVs) and New Energy Vehicles (NEVs), driven by environmental concerns and Government Incentives, is spiking market competition. Strategies include navigating the complex regulatory landscape through Joint Ventures, leveraging local consumer preferences, and making technological advancements. Key players range from Tesla with its wholly-owned factories to domestic frontrunners like BYD and Nio. Strategic Partnerships between foreign and domestic companies are key in marrying global manufacturing prowess with deep local market insight. With the government's pivotal role in promoting a greener automotive sector, success hinges on adapting to regulatory changes, understanding Consumer Preferences, and technological innovation.

In the fast-paced lanes of the global economy, the China automotive market stands as a colossus, reigning supreme as the world's largest automotive market in both production and sales. This dominance is fueled by a rapidly growing economy, a burgeoning middle class, and an unyielding wave of urbanization, positioning China as a central hub in the global automotive arena. The market's vibrancy is further accentuated by a robust demand for an array of car brands, both domestic and foreign, with a spotlight on Electric Vehicles (EVs) and New Energy Vehicles (NEVs). This surge is propelled by a combination of government incentives and mounting environmental concerns, highlighting a conscious shift towards greener transportation solutions.

Foreign automakers, in their quest to tap into this lucrative expanse, often find themselves navigating through China's complex regulatory landscape via joint ventures and strategic partnerships with local entities. This not only unlocks the door to the vast consumer base but also serves as a testament to the dynamic and competitive nature of the market, influenced heavily by government policies, consumer preferences, technological advancements, and the ebb and flow of global economic trends.

As we delve into the multifaceted layers of China's automotive sector, from the electrifying growth of EVs and NEVs to the strategic maneuvers behind joint ventures, and the driving forces of consumer demand to the pioneering innovations steering the industry forward, it becomes clear that understanding this market is no small feat. It requires a keen insight into local regulations, a pulse on shifting consumer behaviors, an eye for emerging market trends, and a flair for fostering strategic alliances. Join us as we explore the intricate roadways of China's automotive landscape, where top domestic car brands and foreign automakers alike vie for supremacy in the largest automotive market under the guiding stars of government incentives, environmental consciousness, and a relentless pursuit of innovation.

1. "Navigating the Road Ahead: How Top Foreign and Domestic Brands are Competing in the World's Largest Automotive Market"

Electric cars dominate China's urban landscape.

In the race to dominate the world's largest automotive market, both top foreign automakers and domestic car brands are deploying innovative strategies to capture the attention of China's burgeoning middle class, whose appetite for automobiles has surged in tandem with the country's rapidly growing economy and urbanization trends. This intense market competition is further fueled by a shift towards Electric Vehicles (EVs) and New Energy Vehicles (NEVs), propelled by environmental concerns and substantial government incentives aimed at reducing the country's carbon footprint.

Foreign automakers have long eyed China's vast consumer base, seeking to penetrate the market by forming joint ventures with local Chinese companies. This approach not only helps navigate the complex regulatory landscape but also taps into the domestic firms' deep understanding of consumer preferences and market dynamics. Companies like Tesla have made significant inroads by establishing wholly-owned factories, marking a shift in how foreign entities can operate within the sector.

On the other side, domestic car brands are not standing idly by. Brands such as BYD and Nio are leveraging their home-ground advantage, pushing the envelope in technological advancements, and offering a range of EVs and NEVs that cater to the local market's tastes and preferences. Their deep knowledge of the regulatory environment and consumer behavior gives them a competitive edge, enabling them to swiftly adapt to policy changes and market trends.

Strategic partnerships between foreign and domestic firms are increasingly common, aiming to combine international expertise in automobile manufacturing with local know-how of the Chinese market. These collaborations are vital for navigating the ever-evolving landscape, marked by rapid technological advancements and shifting regulatory policies.

The government's role in shaping the market cannot be overstated. Through a mix of incentives for EV and NEV purchases and stringent regulations on traditional combustion vehicles, policymakers are steering the market towards a more sustainable and environmentally friendly direction. These efforts align with the global shift towards green transportation solutions, placing China at the forefront of the electric mobility revolution.

As the automotive industry continues to evolve, understanding and adapting to the regulatory landscape, consumer preferences, and technological advancements will be key for both foreign automakers and domestic car brands. The competition in China's automotive market is a high-stakes game, with success requiring a blend of innovation, strategic partnerships, and a keen sense of the local market's pulse. The road ahead is challenging, yet it offers immense opportunities for those able to navigate its complexities.

In conclusion, the journey through China's vast and evolving automotive landscape reveals a market of unparalleled scale and opportunity. As the largest automotive market in the world, China presents a unique blend of challenges and rewards for both domestic car brands and foreign automakers alike. The competition is fierce, driven by a growing economy, rapid urbanization, and an expanding middle class with evolving consumer preferences. Electric Vehicles (EVs) and New Energy Vehicles (NEVs) are at the forefront of demand, spurred by environmental concerns and attractive government incentives. To navigate the complex regulatory landscape, strategic partnerships through joint ventures have become essential, allowing foreign brands to tap into the market's full potential while adhering to local regulations.

The success in this dynamic market is not solely about understanding the current trends in technology and consumer behavior but also about anticipating future movements. Technological advancements continue to reshape the playing field, making adaptability and innovation key components for companies aiming to maintain or achieve market leadership. Moreover, the importance of aligning with government policies cannot be understated, as these will continue to influence the direction of the automotive industry, particularly in the areas of EVs and NEVs.

For companies willing to invest in understanding the regulatory landscape, consumer preferences, and the importance of joint ventures and strategic partnerships, the rewards can be significant. As the market continues to grow and evolve, the opportunities for both domestic and foreign brands will expand, offering a bright future for those able to navigate the complexities of the world's largest automotive market. The path forward in China's automotive sector is both exciting and challenging, requiring a deep commitment to innovation, local collaboration, and a keen eye on the rapidly changing market dynamics.


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Surge in Taiwanese Visitors and Residents: A Testament to Successful Cross-Strait Policies

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Beijing praises its cross-strait strategies as visits and residency applications from Taiwan see significant increase

Nearly a million travel permits and 3 million visits from Taiwanese this year indicate effective cross-strait policies, according to experts

This updated version provides the corrected figure for the number of Taiwanese visitors to mainland China this year.

Experts indicated that the increase was propelled by a mix of supportive policies and economic prospects designed to strengthen connections across the Taiwan Strait.

Last week, the National Immigration Administration reported that close to 994,000 Mainland Travel Permits for Taiwan Residents have been issued this year.

According to administration spokesperson Zhang Ning, who spoke on Friday, the statistic reflects a 14.5 percent rise from the previous year and also surpasses the figures recorded in the same timeframe in 2019, a year before the pandemic.

Zhang mentioned that this year, more Taiwanese applied for residency permits in mainland China than in the entire previous decade, though he did not provide further details or clarify what the data entails.

Zhang credited the increase to a range of positive initiatives designed to simplify the process for Taiwanese citizens to visit and relocate to mainland China.


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Former CCTV Star Rui Chenggang Breaks Silence on YouTube, Denies Scandal Rumors After Mysterious Decade-Long Absence

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Rui Chenggang, ex-CCTV presenter, reappears on YouTube, downplays 'numerous controversies'

The once-disputed former presenter, notable for his interviews with global leaders, disappeared a decade ago during a corruption investigation at the national broadcaster.

A once-prominent presenter for Chinese state TV, who vanished mysteriously ten years ago, has reappeared, putting to rest rumors of espionage and scandalous affairs.

Rui Chenggang, previously a prominent presenter for China's state-run broadcaster CCTV, and recognized for his interactions with notable leaders like former US President Barack Obama and ex-Australian Prime Minister Kevin Rudd, made a comeback by launching a video on a newly established YouTube channel this Monday. This marks his first public appearance since his arrest on allegations of corruption a decade ago.

In the 17-minute video, 47-year-old Rui made no mention of the specifics surrounding his arrest or his current location. However, he dismissed rumors that he had been involved in espionage and his purported connection to multiple scandals.

There have been numerous speculations regarding Rui, such as allegations of his involvement with the spouses of high-ranking officials and claims that he passed away during his incarceration.

"Rui dismissed the allegations as baseless, claiming they were concocted by someone else. He mentioned that he is currently engaged in investing."

He didn't explain why he decided to start the video channel, merely stating, "I just miss everyone."


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China Faces Elder Care Crisis: Over 60% of Seniors Live Alone as Affordability of Nursing Homes Declines

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Over 60% of Chinese citizens aged 60 and above live alone, according to a recent survey. The majority are unable to afford nursing home care, reveals a survey conducted every five years. In response, the national aging committee is urging for improved services and more cohesive policies.

The survey, carried out once every five years by the Ministry of Civil Affairs, revealed that individuals within this age group were also less reliant on their offspring. The typical number of children per family declined by 0.6 in the last ten years to 2021, reaching an average of 2.6 children, due to the one-child policy initiated in the late 1970s.

In August 2021, the survey involved participation from approximately 130,000 individuals who were 60 years old or older.

Time: 02

"People Anticipated This": Public Response to China's Decision to Raise Retirement Age

The study also revealed that almost 50% of those open to residing in nursing homes were able to handle monthly expenses of up to 1,000 yuan (approximately US$140). However, this budget would make the majority of elderly care centers in major Chinese cities such as Beijing and Shanghai unaffordable, where prices exceed 5,000 yuan per month.

The conventional Chinese practice where children care for their aging parents is under significant strain, according to a survey report published last week by the National Committee on Ageing, an entity associated with the ministry.

"The swift increase in the number of aging individuals living alone demands enhanced care solutions and integrated strategies to boost their quality of life."

The globe's second biggest economic powerhouse is currently facing challenges due to a slowing economy, compounded by the increasing burdens of an aging population and a diminishing labor force.

In 2023, the population of individuals aged 60 and older climbed to 297 million, representing over 21 percent of the overall population, as per official figures. Additionally, those aged 65 and older surpassed 217 million, constituting 15.4 percent of the total population.


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President Xi Jinping Champions Modernization and Innovation to Propel China’s Economic Growth

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Xi Jinping Issues Guidelines to Boost China's Economic Expansion

President Xi Jinping has directed China's economic and technological development zones to prioritize modernization, innovation, and fostering domestic vitality.

President Xi Jinping has directed China's economic and technological development zones to prioritize modernization, innovation, and fostering domestic vitality.

Over the past week, President Xi Jinping has delivered a series of directives focused on economic matters, coinciding with heightened global attention on Beijing's stimulus efforts designed to bolster the Chinese economy.

Xi's recent communication was delivered this Sunday in Tianjin, a northeastern city, at an event marking the 40th anniversary of China's economic development zones.

While visiting Fujian, Xi called upon a mindset of "being bold enough to lead and eager to succeed." Later, during his stop in Hefei, Anhui province, he referenced a well-known phrase: "How often in life does one get the chance to seize the moment to battle?"

The national economy is facing challenges, prompting the central government to urge local officials to take more decisive actions. During a conference commemorating the 40th anniversary of the inaugural national Economic and Technological Development Zone on Sunday, Vice-Premier He Lifeng relayed directives from Xi.


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Xi Jinping Champions Modernization and Innovation to Propel China’s Economic Growth Amid Global Scrutiny

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Xi Jinping Issues Directives Focused on Economic Growth for China

President Xi Jinping emphasizes that China's economic and technological development zones should concentrate on modernization, innovation, and fostering domestic vigor.

Over the past week, President Xi Jinping has released a series of directives focused on economic matters, coinciding with heightened global attention on Beijing's stimulus efforts designed to bolster the Chinese economy.

Xi's recent communication was delivered on Sunday in Tianjin, a northeastern city, during an event marking the 40th anniversary of China's economic development zones.

While visiting Fujian, Xi emphasized the importance of "being bold enough to lead and eager to succeed." Later, in Hefei, Anhui province, he referenced a well-known phrase: "How often in life does one get the chance to seize the moment and battle?"

The national economy is facing significant strain, prompting the central government to urge local authorities to adopt more proactive measures. During a conference celebrating the 40th anniversary of the inaugural national-level Economic and Technological Development Zone on Sunday, Vice-Premier He Lifeng relayed directives from Xi Jinping to this effect.


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