5 h. ago China pushes trilateral currency swap, new drone sighted: 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 eyes currency swap with Japan and South Korea amid trade tensions: source China is in talks with Japan and South Korea – both US allies – about a possible trilateral currency swap to bolster the region’s financial safety net and deepen economic cooperation amid US President Donald Trump’s trade war, according to a source familiar with the issue. 2....

Events

33 h. ago Chipmaker CXMT eyes US$42 billion Shanghai listing, sources say

Chinese memory chipmaker ChangXin Memory Technologies (CXMT) plans an initial public offering (IPO) in Shanghai as soon as the first quarter of next year, eyeing a valuation of up to 300 billion yuan ($42.12 billion), according to two sources briefed on the matter. Founded in 2016 with government backing, CXMT leads China’s strategic push to build a foothold in a global DRAM market long dominated by companies from Japan, South Korea and the United States. China’s leading manufacturer of dynamic...

Economics

34 h. ago US doubles down on Trump admin push to rebuild industrial base amid China pressure

US doubles down on Trump admin push to rebuild industrial base amid China pressure  Fox Business

Politics

35 h. ago Despite US push, China poised to dominate rare earths for years

Despite US push, China poised to dominate rare earths for years  Al Jazeera

Politics

53 h. ago China doubles GenAI users, PLA ship near disputed shoal: 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 reports 4.8% quarterly GDP growth, moving closer to annual target China’s economy grew 4.8 per cent year on year in the third quarter of 2025, keeping the country largely on track to achieve its full-year target, but analysts said further policy support is still needed to maintain this stable trajectory and improve domestic demand. 2. China’s...

Politics

54 h. ago Apple CEO Tim Cook pushes AI system launch in China after iPhone Air release

Apple CEO Tim Cook is looking forward to launching the company’s artificial intelligence system in China, following the successful effort to release the iPhone Air in the vast market. Capping his six-day visit to the country last week, Cook said at an event in Shanghai on Saturday that AI was “making a difference in people’s lives” and that Apple was “working on getting [Apple Intelligence] into China right now”. No timeline was provided. Apple Intelligence – a built-in AI feature of the...

Society

3 d. ago How China is pushing back the invading sand dunes and winning in arid Ningxia

“The wind blows all the year round, not a bird in the sky nor a leaf can be found.” This saying, once common in northwest China’s arid Ningxia Hui autonomous region, captures the suffering inflicted on its communities by the desert. Over the past 40 years, the Baijitan National Nature Reserve has served as a frontline fortification against the Mu Us Desert for Ningxia’s capital Yinchuan and its nearly 3 million people. By the 1950s, the desert had advanced to within 5km (3 miles) of the Yellow...

Events

4 d. ago Is North Korea pushing China to more openly accept its nuclear power status?

North Korea’s recent military parade, which featured an intercontinental ballistic missile capable of striking the continental United States, suggested that China had “tacitly accepted” Pyongyang as a nuclear state, analysts said. The October 10 parade commemorating the 80th anniversary of the founding of the Workers’ Party of Korea was attended by Li Qiang – the first Chinese premier to visit the country in 16 years. It featured several advanced weapons systems, including tanks, artillery and...

Events

5 d. ago Sinking Shanghai, iPhone Air sells out in China: 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. Double whammy: Shanghai is sinking while sea level rises fast Shanghai is sinking while the sea level along China’s coastline is rising fast – its fastest in 4,000 years – possibly threatening China’s financial hub and the global supply chain, scientists warn in a new study. 2. Ships divert, directors resign as US-China port fees rock shipping...

Politics

5 d. ago Iron ore the new pawn in global geopolitics as China pushes yuan payments

Iron ore the new pawn in global geopolitics as China pushes yuan payments  Fastmarkets

Politics

5 d. ago Pair of events highlights talent and innovation efforts in Beijing

Pair of events highlights talent and innovation efforts in Beijing  China Daily

Politics

6 d. ago Carmakers Push to Secure Chips as China Trade Spat Escalates

Carmakers Push to Secure Chips as China Trade Spat Escalates  Bloomberg.com

Politics

6 d. ago US phones allies over rare earths, China’s food security: 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. ‘This is China versus the world’: US calls allies over Beijing rare earth curbs US President Donald Trump’s administration vowed on Wednesday to work with its allies and other countries to get an upper hand in its trade talks with China, claiming Beijing’s recent rare earth control as a sign of being an “unreliable partner” that threatens global supply...

Events

6 d. ago Cambricon, SenseTime form strategic cooperation to support China's tech self

Cambricon, SenseTime form strategic cooperation to support China's tech self-reliance push  Yahoo Finance

Politics

6 d. ago 500% tariffs on China? Bessent pushes ‘Beijing vs world’ agenda after Trump said US wants to help

500% tariffs on China? Bessent pushes ‘Beijing vs world’ agenda after Trump said US wants to help  financialexpress.com

Politics

7 d. ago Xiaomi driver death adds to China push for new EV door designs

Xiaomi driver death adds to China push for new EV door designs  The Detroit News

Events

7 d. ago Trump’s cooking oil embargo threat, ‘red gift bag’ arrest: 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. Trump threatens China with cooking oil embargo over soybean snub US President Donald Trump on Tuesday called China “economically hostile” for not buying American soybeans and threatened to halt imports of cooking oil and other products from the country in retaliation. 2. ‘Red gift bag’: US national security expert arrested over classified documents Ashley...

Events

7 d. ago US rivalry pushing China to apply domestic law abroad, legal experts say

China is increasingly applying domestic law beyond its borders in response to US pressure, legal analysts have suggested. The “foreign-related rule of law” concept was first unveiled in 2019, and soon gained prominence. Some leading Chinese legal analysts and policy advisers have said that the United States was responsible for this. The 2023 Law on Foreign Relations was central to this drive, along with last year’s Law on Foreign State Immunity and the Anti-Foreign Sanctions Law of 2021. Beijing...

Politics

7 d. ago New Zealand calls on US to counter China’s Pacific mineral push

New Zealand’s defence minister warned in an interview that small countries in the South Pacific face growing pressure from great power competition for their rare minerals and fisheries wealth, and that more action was needed from regional neighbours to help in preserving island nations’ sovereignty. Judith Collins, who also oversees New Zealand’s intelligence and space portfolios, spoke on Wednesday before departing for Washington, where she will meet Trump administration officials including...

Politics

7 d. ago Huawei supplier SiCarrier’s subsidiary launches new EDA software

A subsidiary of SiCarrier – a semiconductor equipment maker backed by the Shenzhen municipal government and a supplier to Huawei Technologies – has released proprietary electronic design automation (EDA) software, bolstering China’s broader push towards self-reliance in chipmaking. Qiyunfang, the SiCarrier unit, on Wednesday launched two EDA products – one for schematic capture and another for printed circuit board (PCB) design – at the three-day WeSemiBay Semiconductor Ecosystem Expo 2025 in...

Events