Middle-class Chinese shun luxury spending, Hong Kong’s expat woes: 7 highlights - South China Morning Post
Fukushima nuclear readings discrepancy, China’s middle class shun luxury spending, Hong Kong’s expat woes: SCMP’s 7 highlights | South China Morning Post
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Fukushima nuclear readings discrepancy, China’s middle class shun luxury spending, Hong Kong’s expat woes: SCMP’s 7 highlights
- From radiation readings at the Fukushima power plant not adding up to Singapore dethroning Hong Kong as the world’s freest economy, here are a few highlights from SCMP’s recent reporting
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1. What’s wrong with radiation readings at the Fukushima power plant?
The numbers were within safety limits, but they did not add up. As Japan’s Fukushima Daiichi nuclear power plant pumped seawater in and released treated waste water, some gamma radiation readings varied when they should have been roughly the same.
2. Where are the expats? Hong Kong’s talent drive fails to bring back foreigners
There has been an influx of mainland Chinese after Hong Kong pulled out the stops to woo talent, but foreigners have been slow to return. In the second of a two-part series, the Post examines what the impact will be if expatriates stay away.
3. Middle-class Chinese shun luxury spending amid hazy outlook
As an increasingly uncertain economic environment has them feeling the pinch, China’s middle class is becoming more conservative and cutting back on high-end purchases, according to the results of an annual survey.
4. US spy agency ‘hacked Huawei HQ’: China confirms Snowden leak
Nearly a decade after documents leaked by Edward Snowden revealed that the US National Security Agency (NSA) hacked the servers of Chinese telecoms giant Huawei, Beijing has officially acknowledged the attack.
5. Hong Kong loses pride of place for economic freedom to rival Singapore
Hong Kong has been dethroned for the first time in 53 years as the world’s freest economy by rival Singapore in a Canadian think tank’s international league table because of what was said to be Beijing’s greater interference in city affairs – a view dismissed by the government.
6. Let China pandas live in ‘natural habitat’, Thai critics urge as PM mulls loan
Conservationists, netizens and a former minister have opposed Prime Minister Srettha Thavisin’s plan to loan a new giant panda from Beijing, urging that any additional resources be instead channelled towards Thailand’s elephants.
7. Strongest swimmers wanted: China sperm bank lures students with cash and prizes
A sperm bank in China has offered university students a cash-for-semen deal as the country grapples with the problem of falling birth rates.
Related Knowledge Center: ENERGY BASICS: nuclear
Nuclear energy provides almost 20 percent of the U.S. electricity supply. Advocates have called for an expanded role for nuclear as an emissions-free fuel source. But the economics of building new reactors are daunting. In addition, lingering safety concerns are an institutionalized part of the calculation of nuclear regulation, and highly radioactive nuclear waste remains a can that public officials have been inclined to kick down the road. The Energy Information Administration projects a sharp decline in nuclear power generation over the next decade, as new nuclear plants — two are planned — are more than offset by anticipated retirements of several operating reactors.