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newsbeep.com | 17 hrs. 2 min. ago

China’s innovation gains pace, powering new growth drivers: report

#China #PACE

China’s innovation capacity continued to strengthen last year, with the innovation environment improving and new growth drivers expanding,…

scmp.com | 20 hrs. 40 min. ago

Crypto platform on alert lists opens Hong Kong office, prompting calls for scrutiny

#China #law

A cryptocurrency trading platform on Hong Kong and Canadian regulators’ alert lists has opened an office in the city, prompting experts to urge closer scrutiny of how such firms promote themselves without undermining an open business environment. Experts told the South China Morning Post that inclusion on a regulator’s alert list did not necessarily mean a company had broken the law.

But they urged authorities to step up oversight of how such firms marketed regulated financial products. Polar...

carbonbrief.org | 1 days ago

Chart: A record two-thirds of car sales in China are now electric vehicles

#China #electric vehicle #electric vehicles #energy

For the first time, new-energy vehicles (NEVs) made up 67% of new car sales in China in September, according to… The post Chart: A record two-thirds of car sales in China are now electric vehicles appeared first on Carbon Brief.

scmp.com | 1 days ago

China, Europe should coordinate on carbon pricing, border tax: energy transition expert

#carbon border adjustment #carbon border adjustment mechanism #carbon cost #carbon pricing #CBAM #China #climate #climate club #energy #energy transition #Energy Transitions Commission

China and Europe should jointly introduce a system like the Carbon Border Adjustment Mechanism (CBAM), a levy on carbon-intensive imports designed to account for the carbon costs domestic producers face, which “applies against the rest of the world,” the co-chair of a global energy transition organisation says.

“The biggest single thing which I would love China to do is to say, ‘We want to join with Europe in a climate club’,” said Adair Turner, co-chair of the Energy Transitions Commission,...

scmp.com | 1 days ago

Chinese state media takes aim at Japanese firm KDDI over Mongolia wildfire

#China #grassland fire #Mongolia #nature reserve #wildfire

Chinese state media has called for a Japanese telecoms firm to apologise to China over a huge wildfire in neighbouring Mongolia, as diplomatic tensions run high between Beijing and Tokyo. The grassland fire broke out on October 8 and burned about 80 per cent of a nature reserve on the Mongolia-China border.

According to Japanese media reports, the company, KDDI, has acknowledged that the fire was linked to activities involving its majority-owned subsidiary MobiCom – the largest mobile network...

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