3 h. ago Ant Group pledges focus on tokenisation, not cryptocurrency ‘hype’

Ant Group has distanced itself from the business of issuing cryptocurrencies, pledging to focus on tokenisation to support the “real economy”, as the Chinese fintech giant strives to maintain a delicate balance between technological advancement and regulatory compliance. “Ant Group will not issue cryptocurrencies, nor participate in any form of the hype,” CEO Cyril Han Xinyi said during the Inclusion Conference on the Bund in Shanghai on Thursday. “Ant is focused on building technological...

Politics

3 h. ago Intel chip architect Su Fei returns to China after 20 years in the US

After nearly two decades shaping Intel’s chip designs, one of its leading semiconductor architects has left the United States to join Tsinghua University as a full-time professor. Su Fei, a veteran engineer in chip testing and semiconductor reliability, is now the Xing-Hua endowed chair professor at his alma mater’s school of integrated circuits, according to the faculty webpage. At Intel, Su’s work spanned the entire chip life cycle – from early concept to mass production – with a focus on...

Events

3 h. ago China tipped to boost routine patrols after Scarborough nature reserve is set up

Beijing is likely to boost its routine patrol presence near Scarborough Shoal after setting up its planned nature reserve in the disputed waters, according to observers in China. Zhang Yancang, director of the Yellow Sea and Bohai Sea Research Institute at Dalian Maritime University, said this would mean daily patrols not only by coastguard vessels but also aircraft, drones and even uncrewed boats. “Unlike previous patrols, the patrols from now on will focus more on being routine and regular,”...

Politics

5 h. ago China Focus: Remains of 30 Chinese martyrs in Korean War returned to homeland

China Focus: Remains of 30 Chinese martyrs in Korean War returned to homeland  Xinhua

Events

14 h. ago Ant Group unit enters China’s humanoid robotics sector with first product

Ant Group unveiled its first humanoid robot at a trade show in Shanghai on Thursday, heralding the Chinese fintech company’s entry into the increasingly competitive field of embodied artificial intelligence to take on rivals like Unitree Robotics. The wheeled, two-armed humanoid, named R1, was developed by Ant’s robotics unit Ant Lingbo Technology, also known as Robbyant. At the company’s booth at the Inclusion Conference on the Bund on Thursday, the second day of the four-day event, one R1...

Politics

14 h. ago How will Hong Kong’s John Lee strike middle ground in policy address?

With Hong Kong leader John Lee set to deliver his annual policy address on September 17, the Post examines key topics the chief executive is expected to focus on, including a mega infrastructure project near the border, new economic drivers and livelihood issues. In the sixth of a seven-part series, Cannix Yau examines the economic challenges and political expectations to be addressed in Lee’s second last policy blueprint of his term. Chief Executive John Lee Ka-chiu will have to confront a...

Events

15 h. ago China’s bull run tests Beijing as it aims to guide US$12 trillion stock market

Stunning gains in Chinese stocks are testing regulators’ ability to manage the ascent, as Beijing seeks to fulfil its long-standing goal of positioning the nation’s US$12 trillion equity market as a steady source of household income that can support consumer spending and economic growth. As the property market remains in the doldrums, eroding the wealth of Chinese investors who are sitting on a record 160 trillion yuan (US$22.5 trillion) in bank savings, the stock market has become a focus of...

Economics

18 h. ago ‘Just hiccups’: Trump’s India nominee pledges to pull New Delhi away from Beijing

US President Donald Trump’s nominee for ambassador to India on Thursday pushed back on fears that New Delhi was drifting towards China, pledging to draw India closer to the US, open its markets to American goods and end Russian oil purchases, while telling senators that India and China had little in common and were unlikely to forge closer ties. “While we might have our moments of hiccups right now, we are on the track of resolving that. Our relationship with the Indian government is much...

Politics

21 h. ago China's Refined Copper Output Drop Tightens Supply & Anchors Investor Focus on Price Stability

China's Refined Copper Output Drop Tightens Supply & Anchors Investor Focus on Price Stability  Crux Investor

Economics

23 h. ago EU wins Trump’s focus on China, but can it deliver on ‘impossible’ demand?

For almost a year, European Union officials have been dangling the carrot of joint work on China policy in front of US President Donald Trump in an effort to keep him engaged in supporting Ukraine. For months, their overtures were ignored. Now that the US leader has tuned in – but only on the condition of maximum tariffs – Europe finds itself in a bind. On Wednesday evening, ambassadors from the EU’s 27 member states were briefed by the bloc’s sanctions envoy, David O’Sullivan, on his trip to...

Politics

27 h. ago China criticises ‘Little Red Book’ app for focus on celebrity trivia

China criticises ‘Little Red Book’ app for focus on celebrity trivia  The Times

Culture

45 h. ago WASDE Preview: Key Focus on Corn, Soybeans, and China Trade in September Report

WASDE Preview: Key Focus on Corn, Soybeans, and China Trade in September Report  RFD-TV

Politics

58 h. ago Hong Kong to secure deals worth US$1 billion with belt and road countries

Hong Kong will sign nine agreements with countries of the Belt and Road Initiative, with companies sealing dozens of business deals amounting to nearly US$1 billion (HK$7.8 billion), the city’s leader has announced at a major summit as he pledged to enter into more collaborations in the future. At the 10th edition of the two-day Belt and Road Summit on Wednesday, Chief Executive John Lee Ka-chiu also said Hong Kong’s external trade with countries under the initiative exceeded US$276 billion last...

Economics

58 h. ago Hong Kong to sign deals worth US$1 billion with belt and road countries

Hong Kong will sign nine agreements with belt and road countries, with companies sealing dozens of business deals worth nearly US$1 billion (HK$7.8 billion), the city’s leader announced at a major summit, pledging to enter into more collaborations in the future. At the 10th edition of the two-day Belt and Road Summit on Wednesday, Chief Executive John Lee Ka-chiu also said Hong Kong’s external trade with countries under the initiative exceeded US$276 billion last year, an 80 per cent increase...

Economics

58 h. ago Hong Kong signs deals worth US$1 billion with belt and road countries

Hong Kong has signed nine agreements with belt and road countries, with companies sealing dozens of business deals worth nearly US$1 billion (HK$7.8 billion), the city’s leader announced at a major summit, pledging to enter into more collaborations in the future. At the 10th edition of the two-day Belt and Road Summit on Wednesday, Chief Executive John Lee Ka-chiu also said Hong Kong’s external trade with countries under the initiative exceeded US$276 billion last year, an 80 per cent increase...

Economics

59 h. ago China boss Milicic wants country to focus on future or risk falling further behind

China boss Milicic wants country to focus on future or risk falling further behind  South China Morning Post

Events

62 h. ago What’s working in Hong Kong’s talent scheme and what needs tweaking?

With Hong Kong leader John Lee set to deliver his annual policy address on September 17, the Post examines key topics the chief executive is expected to focus on, including a mega infrastructure project near the border, new economic drivers and livelihood issues. In the fourth of a seven-part series, Willa Wu gives an update on the city’s talent schemes and examines how they can be refined to match Hong Kong’s economic needs. Zhang Jun* had a bittersweet moment when he renewed his visa under...

Politics

3 d. ago Germany's Merz pledges support for auto sector as US, China rivalry heats

Germany's Merz pledges support for auto sector as US, China rivalry heats  Reuters

Politics

3 d. ago China’s Xi reaffirms pledge for closer North Korea ties after Kim visit

Chinese President Xi Jinping reaffirmed a pledge to strengthen strategic coordination with North Korea in a congratulatory message to leader Kim Jong-un on Tuesday. The greetings marked the 77th anniversary of the founding of the Democratic People’s Republic of Korea (DPRK), the official name of the country. The message was delivered only days after a historic trip by Kim to Beijing, when the North Korean leader – for the first time – stood together with Xi and Russian President Vladimir Putin...

Politics

3 d. ago China debuts instant tax refunds for tourists through overseas e

China has introduced its first tax refund service via overseas e-wallets, allowing travellers departing from Shenzhen to instantly claim refunds as part of Beijing’s broader efforts to boost inbound tourism. Backed by the Shenzhen Taxation Bureau and the local branch of the People’s Bank of China, Ant International’s Alipay+ global payment platform partnered with tax refund agent Guangdong Huaxing Bank to launch the service on Monday, the city government announced on its official social media...

Politics