5 d. ago In betting on Saudi Arabia, Hong Kong is really betting on itself

Hong Kong’s financial identity is entering a new chapter, shaped as much by strategic alignment as capital flows. By co-launching a US$1 billion investment fund with Saudi Arabia’s Public Investment Fund (PIF), the city is taking one of its most assertive steps yet to redefine Hong Kong’s financial identity in a rapidly changing global economy. The message is clear: Hong Kong intends to be a serious player in the next phase of global capital realignment. This comes as Hong Kong companies are...

Politics

1 week ago GORDON CHANG: China's rising markets mask a fragile economy, social discontent

GORDON CHANG: China's rising markets mask a fragile economy, social discontent  Fox News

Economics

2 w. ago China’s soybean revolution: how it reshaped trade and tested food security

Soybeans are more than just a crop – they have become a litmus test of Beijing’s evolving food security strategy and sit at the heart of the US-China trade war. As a crucial source of animal feed and cooking oil, soybeans have remained a flashpoint throughout the ebbs and flows of the two nations’ trade disputes, from the tariff war during US President Donald Trump’s first term to the current one. Less well known is China’s transformation from soybean exporter to the world’s leading importer....

Events

2 w. ago ‘Impossible to achieve’: why China can’t grow enough soybeans to feed itself

Soybeans are more than just a crop – they have become a litmus test of Beijing’s evolving food security strategy and sit at the heart of the US-China trade war. As a crucial source of animal feed and cooking oil, soybeans have remained a flashpoint throughout the ebbs and flows of the two nations’ trade disputes, from the tariff war during US President Donald Trump’s first term to the current one. Less well known is China’s transformation from soybean exporter to the world’s leading importer....

Politics

3 w. ago China to bring space crew home, Taiwan’s manpower crisis: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. China preparing to bring home astronauts stranded on space station China is making plans to bring home three astronauts whose return from the Tiangong space station was delayed after their vessel was hit by debris last week. 2. As more of China becomes ‘moderately aged’, how will its economy change? Much of China has passed a key demographic threshold as...

Events

3 w. ago Thais give cold shoulder to US$927 tax break aimed at lifting local tourism

The southern Thailand coastal province of Trang boasts lush islands and an emerald cave but has long been overshadowed by neighbouring foreign tourist hotspots Phuket and Krabi. The government, as part of an effort to stimulate the economy, wants to change that by providing tax incentives to jump-start domestic travel, particularly to second-tier provinces. Sagging foreign visitors to Thailand is compounding woes caused by US tariffs and a relatively high baht. To offset some of the softness,...

Economics

3 w. ago As more of China becomes ‘moderately aged’, how will its economy change?

Early in the morning in cities across China, groups of people gather in public squares, moving as one in slow, deliberate tai chi routines. Many are in their sixties or seventies – an age group that has long defined the rhythm of daily life in much of the country. While these dedicated practitioners have been a part of the national routine for decades, their ubiquity carries new connotations as the country undergoes a profound shift in population dynamics: China is growing old, fast. As of last...

Politics