Chinese experts call for accountability over wildfire emissions, but US scientist says blame game ‘makes no sense’

John Fasullo, a scientist at the United States National Centre for Atmospheric Research, said it “makes no sense” to penalise specific countries for fire-related emissions through national accounting mechanisms. Increases in wildfires “are often the result of the emissions from other nations”, he said. Chinese scientists calculate mammoth emissions from Canadian wildfires The CAS scientists said climate warming and a subsequent increase in fire-prone weather was amplified at northern latitudes. This means countries such as Canada, which experienced an unprecedented wildfire season this year, could be especially vulnerable to worsening…

China, war and tech: Taiwan’s youth weigh in on a pivotal election

With just three weeks to go until Taiwan’s presidential election, emotions are running high in one of the world’s biggest geopolitical flashpoints. The ruling Democratic Progressive party’s candidate Lai Ching-te has said the opposition’s plans for closer ties with China put the country’s sovereignty and democracy at risk. Hou Yu-ih, running for the opposition Kuomintang, has implied that a victory by Lai, the frontrunner, would drag Taiwan into a war with China. Party policies on China, which claims the island as part of its territory and threatens to subjugate it…

China, war and tech: Taiwan’s youth discuss a pivotal election

With just three weeks to go until Taiwan’s presidential election, emotions are running high in one of the world’s biggest geopolitical flashpoints. The ruling Democratic Progressive party’s candidate Lai Ching-te has said the opposition’s plans for closer ties with China put the country’s sovereignty and democracy at risk. Hou Yu-ih, running for the opposition Kuomintang, has implied that a victory by Lai, the frontrunner, would drag Taiwan into a war with China. Party policies on China, which claims the island as part of its territory and threatens to subjugate it…

Christmas spirit — and consumers — return to Shanghai

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. On December 24, the Holy Trinity Church in Shanghai will launch its first Christmas Eve service in some time. The second restoration of the 1869 building, one of the oldest of its kind in China and unused for decades, was completed in 2019. The ceiling, in keeping with its Anglican history, still displays in intricate detail the four flowers of the UK’s nations. In the war-torn Puritan England of 1644,…

China’s giant pandas at Chengdu base will take Mondays off from tourists starting Christmas Day

A previous announcement on Monday said the centre would no longer sell tickets through travel agencies. From January 1, tickets can only be reserved through official channels – such as the centre’s website or its WeChat social media account. The tighter controls are in response to the huge popularity of giant pandas and the high numbers of visitors the base receives each year. The giant panda is the rarest member of the bear family and among the world’s most threatened animals, according to the WWF, which has the animal as…

Two Boats Full of Rohingya Refugees; One Saved, Other Vanished

PIDIE, Indonesia —  The screams were heard soon after the ailing boat emerged into view. On board were babies and children alongside mothers and fathers begging to be saved. The passengers were ethnic Rohingya Muslims who had fled surging gang violence and rampant hunger in the refugee camps of Bangladesh, only to find themselves adrift with a broken engine on the Andaman Sea. For a moment, it appeared their salvation had arrived in the form of another boat carrying Rohingya refugees that had pulled up alongside them. But those on…

Chinese tech IPOs to watch in 2024: global fast-fashion online retailer Shein leads the pack

People shop at Shein’s holiday pop-up store inside the Forever 21 branch at Times Square in New York City on November 10, 2023. Photo: Reuters “China’s tech companies face strong headwinds in the form of the country’s stringent regulatory stance on tech and its fraught relationship with foreign economic powers like the US,” CB Insights said in its report. “In China, what’s going to happen is that you’ll have two groups of companies,” said Drew Bernstein, co-founder and co-chairman of accounting firm Marcum Asia, which has been an auditor and…

Taiwan elections: Hsai takes KMT message to business faithful on mainland China

According to Taiwanese media estimates, there are roughly 1.2 million people from the island living on the mainland, accounting for about 5 per cent of Taiwan’s population. Most of the voters in this group tend to support the KMT and party officials often make the trip across the Taiwan Strait before elections. 05:27 Taiwan election exposes generational rift over potential reunification with mainland China Taiwan election exposes generational rift over potential reunification with mainland China People who attended events during Hsia’s trip said this visit was unusually high profile in…

China’s inaction over Red Sea shipping attacks could exact a high price

As shipping in the Red Sea continues to be disrupted, the US wants China to leverage its influence with Iran to resolve the Houthi conflict. Since the Israel-Gaza war broke out, Chinese officials have held several meetings with their Iranian counterparts to prevent the conflict from widening – Iran also backs Hezbollah, a Lebanon-based militant group with a history of border skirmishes with Israeli forces. At a meeting earlier this month, Iranian Foreign Minister Hossein Amirabdollahian accused the US, the key supporter of Israel, of not fully understanding the risks…

Milei’s Government Pays IMF Without Tapping China Currency Swap

On Thursday, Argentina’s new government sent to the International Monetary Fund (IMF) its scheduled debt payment, thanks to a loan from the CAF – the Development Bank of Latin America and the Caribbean. In doing so, the government of Argentina’s new president, Javier Milei, avoided tapping into a currency swap line Beijing was preparing to make available, with strings attached. Since Milei’s victory on November 19, and his inauguration on December 10, intense maneuvers between Buenos Aires and Beijing appear to have taken place, largely under the radar. Among the…