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Xi projects confidence for China’s Communist Party at home and on world stage
GeneralJuly 1, 2026

Xi projects confidence for China’s Communist Party at home and on world stage

President Xi Jinping has projected strong confidence for the Communist Party on both domestic governance and international standing in a speech on Wednesday to mark the 105th anniversary of the founding of the party. In a comprehensive and wide-ranging address, Xi reviewed the history of the party, recounting its historical achievements and summarising the key factors behind its success, including maintaining the party’s purity and discipline. Xi highlighted the party’s success as a new path for...

South China Morning Post1 min read
EnergyJuly 1, 2026

California natural gas prices reach historic lows in early 2026

Monthly average natural gas spot prices in California reached record lows in the first five months of 2026, dropping to values last recorded in the nationwide low-price market of 2024. Record lows were recorded in Northern California's PG&E Citygate and Southern California's SoCal Border Average; SoCal Citygate prices fell to near-record lows but remained higher than some 2024 prices. Several factors contribute to California's low prices, including above-average inventories and decreasing in-state demand for natural gas-fired electricity.

U.S. Energy Information Administration1 min read
Vietnam offers cash for babies but potential parents are not biting
GeneralJuly 1, 2026

Vietnam offers cash for babies but potential parents are not biting

One year after lifting its long-standing two-child limit, Vietnam is offering incentives for people to have more babies as the communist country risks getting old before it gets rich. A new population law and regulations coming into effect on Wednesday extend maternity leave from six to seven months for mothers having a second child as well as offering financial help. If Hanoi residents Nguyen Kim Bich and her husband have a second child, she will get an extra month of maternity leave, free...

South China Morning Post1 min read