Highlighted Links for Thursday, July 7, 2022
Notable China news from around the world
Below are links to other noteworthy reports published in the last 24 hours from and about China. Click through to our China NewsBase to see all the other stories we collected today.
BUSINESS AND TECHNOLOGY:
Chinaโs steel industry faces weak demand and low margins
Chinaโs steel industry sounds the alarm over crisis conditions / Bloomberg (paywall)
โThe starkest warning yet has come from Hunan Valin Iron & Steel Group, which met this week to discuss the rapid downturn in the sector and the measures it needs to take to ensure the companyโs survival, including halting unprofitable production.โ
Robot company cuts human staff
Chinese robot startup Pudu Technology starts mass job cuts / Caixin (paywall)
โThe Shenzhen-based company, known for selling meal delivery by robots to hospitals during the pandemic, will reduce its workforce to about 500 from a peak of nearly 3,000 as of the end of 2021.โ
China robotics industry cools down as top maker of robot waiting staff slashes jobs / SCMP (paywall)
Chinaโs leading chip maker denies having Russian clients to prevent U.S. sanctions
Chinaโs top chip maker SMIC says it has never had any Russian clients, allaying concerns over potential new U.S. sanctions / SCMP (paywall)
โSemiconductor Manufacturing International Corp (SMIC) on Wednesday said that it has never had any customers in Russia, assuaging investor concerns that the Chinese contract chip maker could be punished by Washington over potential violations of US economic sanctions on the country for invading Ukraine.โ
Chinaโs zero-COVID policies push private hospitals into bankruptcy
COVID and bust: China’s private health system hurt by tough coronavirus controls / Reuters
โOn March 24, a courtโฆannounced that a $1.5 billion hospital built just four years earlier had filed for bankruptcy because it was unable to pay its debtsโฆ[This hospital] is just one of dozens of private hospitals that have declared bankruptcy in China during the past two years, pushed over the edge by the cost of complying with the country’s zero-COVID policies.โ
SCIENCE, HEALTH, AND ENVIRONMENT:
COVID: Shanghai and Beijing mandate new rounds of testing, Xiโan locks down
Shanghai, Beijing order new round of mass COVID-19 testing / AP
โResidents of parts of Shanghai and Beijing have been ordered to undergo further rounds of COVID-19 testing following the discovery of new cases in the two cities, while tight restrictions remain in place in Hong Kong, Macao and other Chinese cities.โ
New Omicron variant triggers weeklong lockdown in Xiโan / Sixth Tone
Northeastern China pummeled by rainstorms
Rainstorms lash northeast China, trapping cars, buses in floods / Reuters
โHeavy rain battered China’s northeastern rust belt on Thursday, triggering floods that trapped buses, swamped roads and disrupted commuters in cities, with more storms forecast for coming days.โ
POLITICS AND FOREIGN AFFAIRS:
New Zealandโs growing tensions with China
โThe world is bloody messyโ: Jacinda Ardern urges end to โblack-and-whiteโ view of global conflict / Guardian
โThe world is โbloody messy; but must take a step back from polarization and black-and-white approaches to conflict, Jacinda Ardern has said in a wide-ranging speech in which she addressed the war in Ukraine and rising tensions with China.โ
Jacinda Ardern warns against โself-fulfilling prophesyโ of war in Pacific / FT (paywall)
NZโs Ardern urges diplomacy with China over Pacific tensions / Bloomberg (paywall)
China asks New Zealand waste water pipe to be diverted due to security fears / SCMP (paywall)
โChina is insisting one of the main waste water pipes beneath the New Zealand capital Wellington be diverted to ease security concerns for its new embassy, a city official confirmed on Thursday.โ
Tensions about Ukraine between Russian and U.S. ambassadors in China
Russian diplomat in China clashes with Western counterparts on Ukraine / Caixin (paywall)
U.S. and Russian ambassadors to China clash over Ukraine war at Beijing forum / SCMP (paywall)
โThe U.S. and Russian ambassadors clashed over Ukraine in a rare joint appearance in Beijing on Monday. Nicholas Burns, the United States ambassador, told the World Peace Forum in Beijing that Russiaโs โunprovokedโ invasion was โthe greatest threat to the world order.โโ
China sees search engines as crucial propaganda tools
How China uses search engines to spread propaganda / Brookings
โOn a wide range of issues โ from personal health, to finance, to news โ search engines are often the first stop for those looking to get information online. But as authoritarian states like China increasingly use online platforms to disseminate narratives aimed at weakening their democratic competitors, these search engines represent a crucial battleground in their information war with rivals.โ
Solomon Islands Prime Minister Sogavare thanks China for support
Solomon Islands Prime Minister Manasseh Sogavare thanks China, refuses to answer questions from Australian press / ABC
โToday, in a speech in Honiara, Mr Sogavare said the People’s Republic of China was a โnew addition; to the Solomon Islands, with the relationship between the two nations โless than three years old.โโ
Chinaโs tensions with the West ahead of G20
Ahead of G20 ministersโ meeting, China slams U.S., NATO / AP
Australia, China foreign ministers to meet at G20 to reset ties / Bloomberg (paywall)
Penny Wong to meet Chinese minister in sign of thawing relations between Australia and China / Guardian
Never-ending U.S.-China trade talks
China, U.S. trade teams agree to maintain close communication: China commerce ministry / Reuters
โThe trade and economic teams of China and the United States agreed to maintain close communication following virtual talks between Chinese Vice Premier Liรบ Hรจ ๅ้นค and U.S. Treasury Secretary Janet Yellen, China’s commerce ministry said on Thursday.โ
U.S. weighs fate of China tariffs as trade war hits 4-year mark / Nikkei Asia (paywall)
SOCIETY AND CULTURE:
COVID-cursed examinations
Anxiety abounds as Shanghai โgaokaoโ starts a month late / Sixth Tone
This Thursday morning, over 50,000 Shanghai students are taking the gaokao college entrance exam โ nearly a month after it was postponed due to COVID.
Stranded in China during the Cultural Revolution
Stranded in Chairman Maoโs China / Sixth Tone
Jaime FlorCruz, a young Filipino man, set off to spend a few weeks in China studying the Cultural Revolution. Soon after his arrival, he found himself on a blacklist by Ferdinand Marcosโs government, leaving him exiled and stuck living in China. In his new memoir, Class of โ77: How My Classmates Changed China, he recounts his exile and decade-long journey living under the governance of Dรจng Xiวopรญng ้ๅฐๅนณ and the Cultural Revolution.





