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SCHWEIZER BOTSCHAFT IN BEIJING
EMBASSY OF SWITZERLAND IN BEIJING
AMBASSADE DE SUISSE EN CHINE

Der wöchentliche Presserückblick der Schweizer Botschaft in der VR China
The Weekly Press Review of the Swiss Embassy in the People's Republic of China
La revue de presse hebdomadaire de l'Ambassade de Suisse en RP de Chine
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  12-16.9.2022 - No. 933  
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Switzerland

Swiss, French, American academies top world sports management program (Xinhua)
2022-09-15

Décès du cinéaste franco-suisse Jean-Luc Godard, maître de la Nouvelle Vague (Xinhua)
2022-09-13

Sustainable packaging firm Tetra Pak eyes growth in China with plant-based beverage carton materials (SCMP)
2022-09-12

Rocky path revealed between Swiss glaciers in extreme melt season (GT)
2022-09-12

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Foreign Policy

Xi attends sixth meeting of heads of state of China, Russia, Mongolia (Xinhua)
2022-09-16

Xi meets with Belarusian President Lukashenko (Xinhua)
2022-09-16

Xi meets with Azerbaijani President Aliyev (Xinhua)
2022-09-16

China, Uzbekistan agree to develop, deepen all-round cooperation after meeting of two heads of state (GT)
2022-09-16

China offers Russia ‘strong support on core interests’ as Xi Jinping and Vladimir Putin meet for first time since Ukraine invasion (SCMP)
2022-09-15

China, Kazakhstan pledge more cooperation, political trust as they mark 30 years of ties (SCMP)
2022-09-15

China eyes sunny Central Asia for green energy, natural gas deals as need to bolster power supply grows more critical (SCMP)
2022-09-15

Chinese Vice-President Wang Qishan expected to attend Queen Elizabeth’s state funeral, diplomatic sources say (SCMP)
2022-09-15

Pacific Island Countries agree to strengthen coordination with China on climate change ahead of COP27 (GT)
2022-09-15

China protests to International Atomic Energy Agency over Aukus nuclear safeguards (SCMP)
2022-09-14

Putin appoints deputy foreign minister as ambassador to China, 'a demonstration of Russia valuing bilateral ties' (GT)
2022-09-13

Tokyo warned not to provoke Beijing on sensitive issues decade after Japan’s unilateral, unlawful attempt to nationalize Diaoyu Islands (GT)
2022-09-13

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Domestic Policy

China a greener country after decade-long ecological efforts (Xinhua)
2022-09-16

China home to two global top 5 science & technology clusters; East Asia dominates top ranking: WIPO (GT)
2022-09-15

Is the end to China’s strict zero-Covid rules in sight? Internet users hope so (SCMP)
2022-09-15

China deliberates on updating cybersecurity law (Xinhua)
2022-09-14

More than 1 million in East China evacuated as strongest typhoon to hit 12 Chinese provinces (GT)
2022-09-14

Chinese vice premier calls for solid preparations for Paris Olympics (Xinhua)
2022-09-14

China’s Mid-Autumn Festival travel, tourism tumbles under zero-Covid, National Day holiday ‘will be even worse’ (SCMP)
2022-09-13

Chinese universities implement classified closed-loop measures amid flare-ups (GT)
2022-09-13

Chinese police strengthen international law enforcement cooperation against telecom and online fraud (GT)
2022-09-12

Multiple brands end partnership with Chinese actor Li Yifeng after detention over prostitution (GT)
2022-09-12

China’s carbon neutral goal: 9 billion Covid-19 tests have generated at least 5.4 million tonnes of greenhouse gases since 2020 (SCMP)
2022-09-11

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Beijing

Megacity Beijing pursues green, high-quality development (Xinhua)
2022-09-14

Commuter chaos as Beijing tightens Covid-19 controls (SCMP)
2022-09-13

Risk of campus-related flare-ups in Beijing controllable: authority (GT)
2022-09-12

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Shanghai

Shanghai confirms 14-nm chips being mass produced now (GT)
2022-09-14

Shanghai sees robust foreign trade growth (Xinhua)
2022-09-12

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Guangdong

Autonomous driving startups enhance tech innovation as industry gears up growth (GT)
2022-09-15

Electric carmaker BYD expands Shenzhen production base to keep pace with fast-growing Chinese market (SCMP)
2022-09-15

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Southwest China

Yunnan Orders Aluminum Smelters to Cut Power Use Again (Caixin)
2022-09-15
Aluminum smelters in Southwest China’s Yunnan province have been ordered to further cut energy consumption as a punishing drought continues to disrupt hydropower generation. The provincial government has instructed the firms to reduce use of electricity by 15% to 30% starting Thursday, which is expected to slash 800,000 tons to 1.6 million tons of aluminum production capacity, industry insiders told Caixin. No end date has been given for the rationing. It comes after a record heat wave disrupted production and economic activity across Southwest China, which is approaching its traditional dry season. The order follows a notice sent to the companies last week instructing them to slash electricity use by 10% over five days, affecting 500,000 tons of aluminum capacity. The rationing in Yunnan comes after neighboring Sichuan province faced power cuts in August when output from its hydropower dams declined and residents ramped up electricity use to keep cool. Like Sichuan, Yunnan relies on hydro-electric plants to generate power, with hydropower accounting for nearly 80% of the province’s total installed generation capacity. But the output from the plants has dropped since July. Previously, Yunnan has had more power than it needs and from 2018 the province began inviting energy-intensive businesses including aluminum smelters to setup locally to consume the excess electricity that its hydropower stations were generating. In July, aluminum smelters accounted for around 40% of the province’s industrial electricity consumption. The two rounds of power rationing could reduce up to 40% of the Yunnan’s 5.2 million tons of operating capacity of aluminum, according to data from Shanghai Metals Market, a metals industry intelligence provider. Yunnan Aluminium Co. Ltd. (000807.SZ -2.76%) and Henan Shenhuo Coal & Power Co. Ltd. (000933.SZ -3.26%), two major local smelters, announced on Tuesday and Wednesday, respectively, that their business performance would be affected by the power rationing. But they did not say how much production or revenue they could lose. China is the world largest producer of primary aluminum, a significant metal for industrial production. The price of the metal rose about 3.8% in China last week, mainly due to supply disruptions both at home and abroad, Lai Fuyang, an analyst at brokerage Industrial Securities Co. Ltd., said in a Sunday note. Smelters in some European countries have suspended or reduced production due to higher energy costs caused by a shortage of gas supply, Lai said. Over the past two months, areas of southern China have experienced widespread power cuts for industry and the local populations. Sichuan lifted power rationing in September after the temperature cooled and power demand for air-conditioning fell. But the province was hit again by a Covid-19 outbreak and an earthquake.

Sichuan ends highest level of emergency response for strong earthquake that kills 93, to focus on reconstruction (GT)
2022-09-12

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Tibet

Tibetan cities winning against COVID-19 (China Daily)
2022-09-14

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Xinjiang

EU lawmakers, bolstered by UN report on Xinjiang, welcome forced labour ban, but vow to make it stronger (SCMP)
2022-09-15

Xinjiang 'genocide' claims debunked by world bodies (China Daily)
2022-09-15

Xinjiang eyes bigger role in energy supply (China Daily)
2022-09-15

UN says 50 million people stuck in ‘modern slavery’, highlights China’s Xinjiang, Fifa World Cup host Qatar (SCMP)
2022-09-12

Chinese internet users detained over Xinjiang Covid-19 outbreak ‘rumours’ (SCMP)
2022-09-12

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Hongkong

Coronavirus: 3 per cent of 3,165 elderly Hongkongers contacted during campaign to boost vaccination take up offer (SCMP)
2022-09-16

Give new parents HK$20,000 to combat Hong Kong’s falling birth rate, pro-Beijing New People’s Party says (HKFP)
2022-09-16

Hong Kong actor apologises on Chinese social media for praising British queen (HKFP)
2022-09-15

Jobless man jailed for sedition after sharing social media posts that attacked Beijing and Hong Kong government (SCMP)
2022-09-15

Hong Kong’s millionaire population falls 14 per cent in first half as coronavirus- battered economy drives exodus (SCMP)
2022-09-14

Hong Kong’s CUHK hosts first weekly flag-raising ceremony to ‘promote national education’ (HKFP)
2022-09-14

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Macau

Macao's forex reserves rise to 26.34 bln USD by August (Xinhua)
2022-09-15

Malaysian billionaire Lim Kok Thay, boss of Genting Group, revealed as final bidder for a prized Macau casino licence (SCMP)
2022-09-14

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Taiwan

Former Taiwan premier in delegation for Shinzo Abe state funeral in Tokyo (SCMP)
2022-09-15

Taiwan’s semiconductor output to grow 20 per cent this year on chip-security concerns (SCMP)
2022-09-14

US considers China sanctions to deter Taiwan action (SCMP)
2022-09-14

Lithuania’s office in Taipei begins operations, Taiwan confirms (SCMP)
2022-09-13

Taiwan’s air force seeks record US$1 billion for equipment maintenance (SCMP)
2022-09-12

Taiwan authorities likely failed to detect PLA helicopters as they announced first ever detection of a KVD-001 reconnaissance UAV (GT)
2022-09-12

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Economy

US-China clean energy decoupling ‘nearly impossible’, risks global climate change fight, study says (SCMP)
2022-09-16

China’s onshore yuan breaches key level of 7 per US dollar for the first time in over 2 years (SCMP)
2022-09-16

China’s Premier Pledges Growth Support as Holiday Spending Falls (Caixin)
2022-09-14
China’s Premier Li Keqiang called for more policies to drive up consumer spending as latest economic figures show a further plunge in travel and spending over a three-day public holiday amid tight Covid controls. Tourism revenue declined 22.8% to 28.7 billion yuan ($4.1 billion) over the Mid-Autumn Festival from a year ago. Compared with pre-pandemic levels in 2019, revenue was down 39.4%, worse than last year’s 21.4% drop, according to figures from the Ministry of Culture and Tourism. The number of trips fell 16.7% to 73.4 million from the same period last year. The figures came as China’s State Council pledged more support to stabilize the economy. At a meeting on Sept. 8, Li called for efforts to solve the “key problem of insufficient demand” in the economy and boost consumption as a main growth driver. He pledged to further expand investment in order to create demand and lift confidence, according to a report by the state-run Xinhua News Agency published Monday. China “will adopt multiple measures to stabilize growth, employment and prices,” Li said. The economy is facing “slight fluctuation” as it recovers, and the current stage is a critical one that requires greater urgency, like when one climbs up a hill facing headwinds, he said. Liu Peiqian, chief China economist at NatWest Group Plc, said the focus of the State Council meeting was on implementing policy measures already outlined, rather than a ramp-up of new support. “It did not announce any new or additional stimulus but the focus is still largely on effectively implementing what has been in place,” she said. An emphasis on monitoring the progress of the support measures could mean more policy announcements from local governments, she said. Infrastructure boost Beijing’s push to boost growth has centered on increasing infrastructure spending in the economy and giving tax breaks to businesses hurt by Covid restrictions. At the State Council meeting, Li called for faster construction of infrastructure projects and more long-term bank loans to support them. He also called for an increase in infrastructure funding from state policy banks based on the actual need of local areas. Li said China has reserved its policy tools for this year as it hasn’t significantly expanded the fiscal deficit or issued an excessive amount of money over the past few years. The comments were made after a meeting with senior officials that were sent on inspection trips to various localities to assess the rollout of stimulus policies. Support for consumers hit by lockdowns has been limited, with economists not seeing a boost to confidence until Covid restrictions are materially eased. That seems unlikely given that local governments are tightening controls as the Communist Party prepares to hold an important leadership congress in mid-October. In Beijing, employees must now show a negative Covid test taken within the previous 48 hours to return to work after the Mid-Autumn holiday, compared with 72 hours previously. Many other cities also increased the frequency of mass testing after the National Health Commission asked local authorities to test residents regularly regardless of infection levels. Ahead of the Mid-Autumn Festival, the government had urged residents to curb travel to avoid Covid outbreaks from spreading. Major cities and tourist hotspots like Chengdu in Sichuan province imposed lockdowns earlier this month. Xinjiang, in western China, also saw the number of visitors plummet in August after a snap lockdown in some places to contain a surge in cases. The drop in travel spending was smaller than the 43% decline over the five-day Labor Day holiday in May, but worse than the 12.2% drop over the three-day Dragon Boat Festival in June. The economy is showing strain from all sides. Factory activity contracted for the second straight month in August, while export growth — a key support to the economy since 2020 — slowed more than expected. Subdued consumer inflation and a slow recovery in bank lending also indicate weak demand in the economy. Growth is expected to weaken to just 3.5% this year, according to a Bloomberg survey of economists, far below the official target set early this year of “around 5.5%.” Official data to be released Friday will likely show a mixed picture, with industrial production flatlining in August while retail sales recovered slightly, according to economists surveyed by Bloomberg. The People’s Bank of China will likely keep the interest rate on its one-year policy loans unchanged on Thursday as the currency continues to come under selling pressure.

China to further improve baby formula traceability system (Xinhua)
2022-09-14

German economic minister hypes cutting reliance on China, while Beijing calls for building more bridges than walls (GT)
2022-09-14

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DPRK

China’s reaction to North Korea’s nuclear weapons first-use law tipped to be muted (SCMP)
2022-09-13

North Korea ‘on the path of self-destruction’ if it uses nuclear weapons, Seoul warns (SCMP)
2022-09-13

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Mongolia

President meets with his Uzbekistan counterpart (Montsame)
2022-09-15

Prime Minister to attend state funeral of Queen Elizabeth II (Montsame)
2022-09-15

Buyant-Ukhaa Airport building will become "silicon valley" of Mongolia (GoGo Mongolia)
2022-09-14

New Mongolian rail link with China to boost coal exports (SCMP)
2022-09-13

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Embassy of Switzerland
 

The Press review is a selection of political and social related news gathered from various media and news services located in the PRC and Mongolia by the Embassy of Switzerland in Beijing and distributed among Swiss Government Offices. The Embassy does not accept responsibility for accuracy of quotes or truthfulness of content. Additionally the contents of the selected news mustn't correspond to the opinion of the Embassy.
 
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