Decommissioning Fukushima Plant More Challenging Than Water Release

FUTABA, Japan —  For the wrecked Fukushima Daiichi nuclear plant, managing the ever-growing volume of radioactive wastewater held in more than 1,000 tanks has been a safety risk and a burden since the meltdown in March 2011. Its release marks a milestone for the decommissioning, which is expected to take decades. But it’s just the beginning of the challenges ahead, such as the removal of the fatally radioactive melted fuel debris that remains in the three damaged reactors, a daunting task if ever accomplished. Here’s a look at what’s going…

Fukushima Residents Cautious After Nuclear Plant Begins Wastewater Releases

IWAKI, Japan —  Fish auction prices at a port south of the Fukushima Daiichi nuclear power plant were mixed amid uncertainty over how seafood consumers will respond to the release of treated and diluted radioactive wastewater into the ocean. The plant, which was damaged in the 2011 earthquake and tsunami, began sending the treated water into the Pacific on Thursday despite protests at home and in nearby countries that are adding political and diplomatic pressures to the economic worries. Hideaki Igari, a middleman at the Numanouchi fishing port, said the…

‘WeWork for events’ start-up eyes expansion from Shanghai to Beijing despite economic headwinds in China

A meeting-space start-up in China, co-founded by an American entrepreneur in 2018 and which tripled in scale during the Covid-19 pandemic, is looking to expand across major Chinese cities despite the country’s growing economic woes and worsening relations with the US. Shanghai-based White Space, which offers venues for events and meetings on demand, has grown from four locations in 2019 to 12 since the beginning of this year. It is now looking to add at least one location each quarter in tier-one cities including Beijing, Shenzhen and Hangzhou, co-founder and…

North Korea Reopens Its Borders to Citizens Living Abroad

North Korea has approved the return of its citizens who were abroad after years of strict border restrictions during the COVID pandemic, state media reported on Sunday as the isolated country cracks open its border to passenger travel. In a statement carried by the KCNA news agency, the State Emergency Epidemic Prevention Headquarters said on Saturday the approval was in line with its adjustment of the anti-epidemic degree following “eased worldwide pandemic situation.” “Those returned will be put under proper medical observation at quarantine wards for a week,” the statement…

East Asia’s ‘seismic shift’: why China sees the Camp David summit as the start of a de facto military alliance

Seong-hyon Lee, a senior fellow at George H.W. Bush Foundation for US-China Relations, said by formalising the cooperation between the countries, the Camp David summit marked “a de facto military alliance without explicitly stating so”. The three leaders, South Korean President Yoon Suk-yeol, US President Joe Biden and Japanese Prime Minister Kishida Fumio, formed what is being touted as a de facto military alliance at the Camp David summit. Photo: Getty Images via AFP Beijing recently stepped up pressure on Seoul, publicly criticising the Yoon administration’s pro-US stance, particularly his…

Power-starved North Korea turns to solar energy to keep the lights on

Receive free North Korea updates We’ll send you a myFT Daily Digest email rounding up the latest North Korea news every morning. North Korea is increasingly turning to solar power to help meet its energy needs, as the isolated regime seeks to reduce its dependence on imported fossil fuels amid chronic power shortages. Prices of solar panels have dropped in recent years thanks to an influx of cheap Chinese imports and a rise in domestic assembly of panels within North Korea, according to the Stimson Center think-tank in Washington. This…

Trump, Biden Policies Shifted Trade from China, Study Shows

JACKSON HOLE, Wyoming —  U.S. trade has shifted away from China due to policies enacted by the Biden and Trump administrations, but U.S. reliance on China-linked supply chains has not necessarily been reduced and consumers have faced higher costs, according to new research presented Saturday at a Federal Reserve economic symposium. Despite deglobalization fears after the coronavirus pandemic and Russia’s invasion of Ukraine, overall trade “has held steady at just under 60% of world (gross domestic product) rather than gone into freefall,” Laura Alfaro, an economist at Harvard Business School,…

As China’s economy stalls, Australia braces for the impact on its currency and tourism market

With strong financial ties to China, Australia is bracing for impact as the country’s deepening economic woes threaten its trading partners. Growth has stalled in China, as has foreign investment, at the same time as a property crisis worsens, with developers Evergrande and Country Garden facing severe financial difficulties. Youth unemployment had surged to 21.3% before Beijing abruptly suspended the data series, setting alarm bells ringing. Australia was planning to profit from China’s pandemic recovery, before signs emerged that all was not well with the major iron ore customer and…

Canadian Minister on Rare China Trip for Talks on Climate, Biodiversity

OTTAWA —  Canada’s Environment Minister Steven Guilbeault leaves Saturday for Beijing to join talks on fighting climate change and preserving biodiversity, the first Canadian minister to go to China in four years. A month ago, U.S. climate envoy John Kerry visited China for similar discussions. Other G7 countries including France and Germany have also sent climate representatives since COVID-19 travel restrictions were lifted. “I’m hoping that we can have open and frank conversations about a number of issues relating to climate change,” Guilbeault told Reuters Friday. Both Canada and China…

How digital humans are reinvigorating Chinese cultural heritage

Leading museums worldwide are experimenting with augmented reality and virtual reality technologies to create new experiences for audiences to engage with art and culture. Earlier this month, the Metropolitan Museum of Art in New York launched the Replica app powered by the gaming platform Roblox. It allows users to scan a selected number of artworks in the museum, and collect and wear them in the digital world. For instance, one can choose a character and dress it in Vincent van Gogh’s hat and shirt adapted from his Self-Portrait. Users can…