7 h. ago FOCAC at 25: How China ‘leapfrogs’ other nations to build close African ties

Chinese Foreign Minister Wang Yi last month highlighted Beijing’s “leapfrog development” in ties with African countries in the 25 years since the setting up of the Forum on China-Africa Cooperation (FOCAC). Addressing a FOCAC ministerial event on June 11, Wang noted that trade had surged nearly 30-fold while Chinese investment had grown almost 100-fold since the strategic dialogue mechanism was set up in 2000. In parallel to closer economic ties, there has also been increased cooperation on the...

Politics

67 h. ago Philippines weighs legal action against China over US$194,000 coral reef damage

The Philippines has publicly accused a Chinese vessel of causing more than 11 million pesos (US$194,000) in damage to protected coral reefs near Thitu Island in the South China Sea. On Monday, Manila released the results of an environmental survey showing that a Chinese ship had ran aground near Thitu Island in June. Investigators found that the vessel dragged a parachute anchor across the sensitive marine ecosystem, scarring at least 464 square metres (4,994 square feet) of reef less than 3km...

Economics

3 d. ago US firms consider China market critical despite fraying relations, other issues, survey says

A new survey of American companies operating in China indicated that most of them consider the country’s market critical despite fraying bilateral relations, tariffs, economic weakness and lost market share. Nearly all respondents participating in an annual US-China Business Council survey said they cannot remain globally competitive without their business in the world’s second-largest economy, according to a report about the survey published by the advocacy group on Wednesday. This is despite...

Economics

3 d. ago US firms say China market vital despite fraying relations, other issues: survey

A new survey of American companies operating in China has indicated that most of them consider the country’s market critical despite fraying bilateral relations, tariffs, economic weakness and lost market share. Nearly all respondents participating in an annual US-China Business Council survey said they cannot remain globally competitive without their business in the world’s second-largest economy, according to a report about the survey published by the advocacy group on Wednesday. This is...

Economics

3 d. ago Australians now favour economic ties with China over the US, survey finds

Australians now favour economic ties with China over the US, survey finds  Australian Broadcasting Corporation

Economics

5 d. ago Sovereign Wealth Funds Fear Missing China Tech Boom, Survey Says

Sovereign Wealth Funds Fear Missing China Tech Boom, Survey Says  Bloomberg

Events

5 d. ago Albanese's China visit to focus on stronger economic ties, deeper cooperation

Albanese's China visit to focus on stronger economic ties, deeper cooperation  news.cgtn.com

Economics

5 d. ago Li Cheng and Andy Browne discuss what Donald Trump gets wrong about China

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 edition, two leading China watchers discuss the consequential relationship between the world’s two largest economies and how ties might develop under the second Donald Trump administration amid growing trade frictions. Professor Li Cheng, a leading political scientist who has studied China for decades, is the founding director...

Politics

1 week ago Now, China Launches Five Year Long Term Visa Program to Boost Business Travel and Economic Ties with ASEAN Nations

Now, China Launches Five Year Long Term Visa Program to Boost Business Travel and Economic Ties with ASEAN Nations  Travel And Tour World

Economics

1 week ago In global survey, US cited more often than China as greatest ally and threat

A new survey of citizens in 25 middle- and high-income countries has found that the US is more likely than China to be seen as their most important ally – and their greatest threat. In the survey it released on Tuesday, the Pew Research Centre polled nearly 40,000 adults from the world’s six populated continents – including those in the US and the four Asian nations of India, Indonesia, Japan and South Korea – between January 8 and April 26. Respondents were not given a list of countries from...

Events

2 w. ago As China, EU eye warm ties, Brussels aims to protect its manufacturing base

Hopes for a long-awaited recovery of factory activity in Europe’s manufacturing powerhouse were uplifted this week as a key indicator of the sector’s health surged to a 34-month high in Germany. But the fact that the country’s manufacturing purchasing managers’ index for June still remained at 49.0 – when a reading below 50 suggests a contraction in the sector – underscores the uphill challenge that Germany is facing in trying to regain growth and past glory in its manufacturing activities. The...

Politics

2 w. ago Xinhua News | Beijing launches cities alliance to boost global digital economy ties

Xinhua News | Beijing launches cities alliance to boost global digital economy ties  Xinhua

Politics

2 w. ago Beijing launches cities alliance to boost global digital economy ties

Beijing launches cities alliance to boost global digital economy ties  Xinhua

Politics

2 w. ago Hong Kong can chart path for growth in the space economy: Regina Ip

A top adviser to Hong Kong has called for the local government to aim for the space economy as the city’s answer to stimulating high-quality economic growth, while seeking to host top-tier international events such as the Apec finance ministers’ meeting to enhance global ties and boost local consumption. Regina Ip Lau Suk-yee, convenor of the key decision-making Executive Council and chairwoman of the New People’s Party, also proposed a HK$50 million (US$6.4 million) fund on Wednesday to support...

Politics

2 w. ago Resale home prices drop at faster pace in China, private survey shows

Resale home prices drop at faster pace in China, private survey shows  Reuters

Economics

2 w. ago China's June factory activity unexpectedly expands, private survey shows

China's June factory activity unexpectedly expands, private survey shows  CNBC

Politics

2 w. ago Most in U.S. support defending Taiwan against China invasion: Survey

Most in U.S. support defending Taiwan against China invasion: Survey  Focus Taiwan

Events

3 w. ago China to stay cautious as Iran seeks aid amid US, Israel clashes: Mideast expert

Iran may look to China for weapons support amid conflicts with the US and Israel, but Beijing will remain cautious, considering strained economic ties with Tehran and its broader interest in balancing ties with Israel and other Western-aligned states in the region, according to a veteran Chinese expert on the Middle East. In an exclusive interview with the South China Morning Post, Pan Guang, a Chinese scholar of Jewish and Middle East studies, said the conflict between Iran and Israel was...

Politics

last month China urges US to ‘look at the whole picture’ on tariffs to see true trade ties

The envoys of the world’s two leading powers painted starkly different pictures of US-China ties, each offering a competing assessment of the state of their economic relations – just as a recently agreed framework to ease trade tensions hangs in limbo. Speaking at the US-China Business Council in Washington on Wednesday, Chinese ambassador Xie Feng called the trade relationship “generally balanced” and tariffs on Chinese imports “still unreasonably high”, warning that the US goods deficit would...

Politics