99 m. ago Study shows how robots replaced master workers in Chinese military drone factory

In a Beijing defence drone facility, a black carbon-fibre body frame sits on a workstation ready for drilling. The material is light and strong, but a fractional error in angle or positioning could affect stealth performance and lead to the scrapping of the entire part. Master technicians once performed this task – breath held, hands steady – relying on years of muscle memory. Despite their skill, human limitations capped the speed of production and kept costs high. That changed with a...

Events

99 m. ago US soybean farmers move to reduce dependence on China as trade war grinds on

Soybean farmers in the United States have stepped up efforts to diversify their export markets while maintaining China as a critical buyer, despite ongoing trade tensions between the two superpowers, according to the head of a leading industry association. Jim Sutter, CEO of the US Soybean Export Council, said that while concerns about possible disruptions persist, China’s strong demand for soybeans – a crucial commodity for food and livestock feed – would ensure the US remains an important...

Events

4 h. ago Ahead of US trade talks, China’s rare earth trade data from May sends a message

In a reflection of Beijing’s ability to quickly leverage its dominance over the critical-mineral supply chain, the value of rare earth elements exported by China last month plunged by nearly half compared with a year prior. The official data came as analysts have been saying that China’s export controls over large quantities of critical minerals are like the ultimate trump card in trade negotiations with the United States. The world’s second-largest economy exported rare earth elements worth...

Politics

5 h. ago Hibor plunge a bigger deal for stock market than Hong Kong’s property sector

Hong Kong needs all the help it can get. Since 2018, the city has suffered one shock after another, preventing a meaningful recovery from taking hold and fuelling concerns about its position as a global financial centre. As an importer of US monetary policy with an economy that is far more synchronised with that of mainland China, Hong Kong has been the biggest casualty of economic and policy divergence between the world’s two largest economies, prompting renewed questions about the suitability...

Economics

6 h. ago China Future Tech webinar | How China’s aerospace rise is reshaping global skies

Date and time: Thursday, June 26, 2025 | 10.30-11.30am HKT Add to calendar: iOS | Android | Outlook The webinar will be live-streamed on this page on June 26, 2025, at 10.30am HKT. Bookmark this page or add it to your calendar to stay informed. You may also submit your questions to the panel and get them answered during the webinar. China’s aerospace ambitions are taking flight, with the homegrown C919 narrow-body jet expanding commercial operations and plans for the wide-body C929 aircraft...

Politics

7 h. ago Tom Cruise’s ‘Mission: Impossible – The Final Reckoning’ Leads Again at China Box Office as ‘Ballerina’ Bows in Third

Tom Cruise’s ‘Mission: Impossible – The Final Reckoning’ Leads Again at China Box Office as ‘Ballerina’ Bows in Third  Variety

Sport

9 h. ago China’s Geely hits the brakes on new plant construction globally: Li Shufu

Geely Auto, the mainland’s second-largest carmaker, will not build new plants amid excess capacity worldwide, a move that is likely to ripple across the sector as most Chinese companies are finding it difficult to make profits. Chairman Li Shufu told the Chongqing Auto Show over the weekend that the company would avoid building excess capacity and instead focus on improving its technological capabilities to become a key player in the future of mobility. “The global automotive industry is mired...

Events

10 h. ago Hong Kong can support taxi sector by using levies to create fund: Uber executive

Hong Kong’s taxi trade and ride-hailing services can work together on the same platform, Uber’s global head of public policy has said, while suggesting that authorities look at how other jurisdictions have adapted and used levies to set up a fund to support cabbies. In an interview with the Post, Andrew Byrne said that Hong Kong could learn from Australia’s use of a A$1.2 (78 US cents) levy, initially set at A$1, on ride-hailing and taxi services to compensate cabbies impacted by the...

Politics

11 h. ago China trade data for May misses expectations as export growth slows, imports dip

China’s export growth slowed last month amid lingering uncertainty over US tariffs, pointing to continued strain in the country’s manufacturing and trade sectors – and the slight uptick could also reflect front-loading by exporters anticipating future disruptions. China’s May exports were up by 4.8 per cent, year on year, to US$316.1 billion, customs data showed on Monday. The figure followed April’s 8.1 per cent growth and fell short of the estimate of a 6.28 per cent increase in a market...

Politics

11 h. ago US tariffs hit China’s exports in May, but June seen as ‘a better month’

China’s export growth slowed last month, weighed down by fewer US orders being made before the two countries came to a 90-day tariff truce. And while June’s prospects look poised to improve, China’s manufacturing and trade sectors remain under strain, according to economists, who also point to lingering uncertainties over American tariffs. China’s May exports were up by 4.8 per cent, year on year, to US$316.1 billion, customs data showed on Monday. The figure followed April’s 8.1 per cent growth...

Events

12 h. ago Hong Kong firms must consider national interests in commercial deals: John Lee

Hong Kong businesses must consider national interests while pursuing commercial deals, the city’s leader has said, arguing that the two are not mutually exclusive. In an interview with the Post as he marked three years in office, Chief Executive John Lee Ka-chiu stressed the importance of local companies keeping national interests in mind while seeking profits. Hong Kong tycoon Li Ka-shing’s CK Hutchison Holdings has recently drawn the ire of Beijing over a controversial deal to sell its...

Economics

14 h. ago Hong Kong’s stablecoin law opens floodgates for boom in digital assets: brokers

Hong Kong has surged ahead of its global rivals with its landmark stablecoin law, setting the stage for a boom in digital assets and an injection of fresh liquidity into the market, according to brokers. “We’re seeing a significant trend in investments related to stablecoins on our platform, which highlights the growing importance of this sector,” said Daniel Tse, managing director of Futu Securities International, Hong Kong’s largest online brokerage firm, in a written interview on...

Events

16 h. ago How BYD and Chinese peers are transforming Europe’s small EV market

Some of the world’s biggest carmakers are squaring off for a titanic battle over small cars in Europe, as native stalwarts like Volkswagen and Renault fight to maintain their hold on the market against an influx of cheap electric vehicles (EVs) from BYD and its Chinese peers. Last month, BYD, which surpassed Tesla last year as the world’s largest EV maker, launched its Dolphin Surf compact hatchback in Europe. The company’s most affordable model, known in China as the Seagull, is priced from...

Politics

16 h. ago Kenneth Rogoff and Yu Yongding on Trump, the dollar and the rise of the yuan

Welcome to Open Dialogue, a new series from the Post where we bring together leading voices to discuss the stories and subjects occupying international headlines. In this inaugural edition, we invited prominent economists from both sides of the Pacific to reflect on the recent turmoil in global trade, the diminishing role of the US dollar and whether China’s yuan could – or should – take its place. Professor Kenneth Rogoff of Harvard University has repeatedly warned the US dollar is approaching...

Politics

16 h. ago Is the US dollar’s decline inevitable? Kenneth Rogoff and Yu Yongding weigh in

Welcome to Open Dialogue, a new series from the Post where we bring together leading voices to discuss the stories and subjects occupying international headlines. In this inaugural edition, we invited prominent economists from both sides of the Pacific to reflect on the recent turmoil in global trade, the diminishing role of the US dollar and whether China’s yuan could – or should – take its place. Professor Kenneth Rogoff of Harvard University has repeatedly warned the US dollar is approaching...

Politics

22 h. ago Beijing academy introduces ‘RoboBrain’ AI model to power humanoid robots in China

Beijing academy introduces ‘RoboBrain’ AI model to power humanoid robots in China  Tech Edition

Politics

25 h. ago ‘Vicious circle’ for Hong Kong restaurants: how many more on chopping block?

Hong Kong’s restaurant industry faces a bleak second half of the year as both low-cost and high-end operators succumb to the economic slowdown, sector leaders have warned, putting part of the blame on the trend of residents heading across the border to spend. Industry representatives gave their grim assessment on Sunday, just days after King Parrot Group announced it would close nine of its eateries, ending a 33-year run. The move has reportedly left over 100 staff out of pocket to the tune of...

Politics

28 h. ago “All roads lead back to China,” declares Dealmed CEO Michael Einhorn of his multiyear supply

“All roads lead back to China,” declares Dealmed CEO Michael Einhorn of his multiyear supply-chain odyssey  Fortune

Economics

30 h. ago Hong Kong’s retail sector is struggling but people will have to adapt: John Lee

Hong Kong’s leader has conceded that the city has a problem with its sluggish retail scene amid a trend of locals spending their holidays across the border, but warned against using it as the sole yardstick in assessing the economy. Chief Executive John Lee Ka-chiu also called on businesses to “work harder” in light of the market changes and to reform to retain if not grow their slice of the cake. Hong Kong’s retail sales dropped for a 14th consecutive month in April, falling by 2.3 per cent,...

Politics

31 h. ago Pakistan’s animal army marches to markets for haggling at annual festival

Once a year, Pakistanis mobilise for an operation that is akin to a major battle taking place in terms of scale and blood being spilled. Much is at stake – at least financially – as veritable four-legged armies numbering hundreds of thousands march on Pakistan’s population centres from farmsteads around the country. For the livestock farmers leading the sieges, the deals cut at pop-up markets for sacrificial bulls, goats and sheep – along with the occasional camel – on the Muslim festival of Eid...

Politics