14 h. ago China’s Construction Equipment Sales Surge, Signaling Recovery

China’s Construction Equipment Sales Surge, Signaling Recovery  Bloomberg

Politics

34 h. ago Mainland standards may cut Hong Kong rail link costs by up to 40%: lawmakers

A new arrangement for building a major rail link in Hong Kong’s Northern Metropolis mega development can reduce costs by up to 40 per cent through leveraging mainland China’s lower wages and construction standards, lawmakers have said. Speaking to the Post on Wednesday, legislator Michael Tien Puk-sun said the financing agreement announced the previous day would satisfy the demand of Xia Baolong, Beijing’s top man on local affairs, to accelerate the development of the metropolis near the border...

Politics

1 week ago Russia Base Metals Sales to China Surge, Signaling Deep Reliance

Russia Base Metals Sales to China Surge, Signaling Deep Reliance  Bloomberg

Politics

2 w. ago Volvo Construction Equipment to sell stake in China's SDLG for $837 million

Volvo Construction Equipment to sell stake in China's SDLG for $837 million  Reuters

Economics

3 w. ago China to lead global space weather monitoring and warning network

China has set out to lead the construction of the world’s most comprehensive space weather monitoring and warning network, an ambitious ground-based system comprising the largest chain of observatories on Earth, passing through more than 10 countries and regions. The International Meridian Circle Programme (IMCP) is aimed at building a matrix of surveillance stations to better understand and forecast solar activity such as solar storms, which can severely disrupt satellite communications,...

Events

3 w. ago Chinese couple, who run dog shelter, walk down aisle accompanied by canines

A man in China, who operates a dog shelter, celebrated his wedding alongside his beloved rescued dogs, bringing joy to many on social media. Yang, 31, from Tianjin City in northern China, was once a prosperous construction boss with assets exceeding 10 million yuan (US$1.4 million). However, in 2020, his business faced a devastating collapse. In a bid to honour his commitments and pay his employees, he sold nearly all of his possessions, including his house and two cars. After declaring...

Politics

3 w. ago China’s possible peace role, firms flock to air show: 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 may offer to play ‘constructive’ role in mediating Iran-Israel conflict China is expected to play an “active” role in trying to broker a ceasefire between Israel and Iran, but analysts warned there may be limits to what it could achieve. 2. After tight-lipped talks in London, the US-China silence speaks volumes A week after the second round of...

Politics

3 w. ago China may offer to play ‘constructive’ role in mediating Iran

China is expected to play an “active” role in trying to broker a ceasefire between Israel and Iran, but analysts warned there may be limits to what it could achieve. The two countries traded strikes for a fifth straight day on Tuesday, as China warned its citizens to leave both countries as “soon as possible” because of the “severe” security situation. President Xi Jinping, speaking during a visit to Kazakhstan for a summit with Central Asian countries, called on all parties to work to...

Politics

3 w. ago China’s Wang Yi decries ‘unacceptable’ Israeli attack on Iran, urges diplomacy

Chinese Foreign Minister Wang Yi called Israel’s attack on Iran an “unacceptable” breach of international law and urged measures to de-escalate tensions in phone calls with his Israeli and Iranian counterparts on Saturday. He told Israeli Foreign Minister Gideon Saar that China could play a “constructive role” in the peaceful resolution of the Iran nuclear issue, saying diplomatic solutions remained viable and a peaceful resolution was still achievable, according to China’s Ministry of Foreign...

Politics