12 h. 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

64 h. ago China warns of fallout from Israel’s strikes on Iran, eyes role in easing crisis

Beijing has voiced “grave concern” over the potential fallout from Israeli strikes on Iran and urged all sides to prevent further escalation, while diplomatic observers highlighted China’s potential in coordinating with stakeholders and brokering a ceasefire. At a regular press briefing on Friday, foreign ministry spokesman Lin Jian said that China firmly opposed any violations of Iran’s sovereignty, security, and territorial integrity, as well as actions that “escalate the tension”. “The sudden...

Events

4 d. ago Top US envoy in Hong Kong may be headed for senior role in Beijing embassy

The top US diplomat in Hong Kong is likely to be heading north to take up a leading role in the United States’ Beijing embassy, the South China Morning Post has learned. Gregory May, who arrived to serve as the US consul general for Hong Kong and Macau in September 2022, is tipped to be a top candidate for a ministerial role in the US embassy in Beijing, according to sources. It is a critical time in the relationship as Beijing and Washington engage in a series of high-stakes talks to manage...

Politics

4 d. ago Exclusive | Top US envoy in Hong Kong may be headed for senior role in Beijing embassy

Exclusive | Top US envoy in Hong Kong may be headed for senior role in Beijing embassy  South China Morning Post

Politics

6 d. ago Kenneth Rogoff and Yu Yongding on Trump, the dollar and the rise of the yuan

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 inaugural edition, we invited prominent economists from both sides of the Pacific to reflect on the recent turmoil in global trade, the diminishing role of the US dollar and whether China’s yuan could – or should – take its place. Professor Kenneth Rogoff of Harvard University has repeatedly warned the US dollar is approaching...

Politics

6 d. ago Is the US dollar’s decline inevitable? Kenneth Rogoff and Yu Yongding weigh in

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 inaugural edition, we invited prominent economists from both sides of the Pacific to reflect on the recent turmoil in global trade, the diminishing role of the US dollar and whether China’s yuan could – or should – take its place. Professor Kenneth Rogoff of Harvard University has repeatedly warned the US dollar is approaching...

Politics

7 d. ago China as a global conflict mediator: from ambition to action

China has increasingly taken on the role of conflict mediator on the world stage – hosting negotiations, proposing peace plans and even deploying personnel to oversee ceasefires. Once reluctant to engage in United Nations peacekeeping activities, it now provides more troops than any other permanent member of the Security Council. These are dramatic shifts for a country that was once a staunch advocate of non-interference. As its economic and security interests now reach far beyond its borders,...

Events

8 d. ago How China’s overlooked financial system enabled its industrial success

China has powered ahead of other nations in terms of industrial and export development, to the point where it is now seen by rivals (not least the US) as a threat that must be countered by trade protectionism. But most analyses of its success overlook the key role played by China’s financial system. The mirror image of that success is the failure by many Western economies to nurture savings collections and investment systems that are well attuned to promoting balanced economic growth. Fund...

Politics

1 week ago Citi plans to cut 3,500 tech roles in China as global banks cut costs

Citi plans to cut 3,500 tech roles in China as global banks cut costs  CNBC

Economics

1 week ago Citi plans to slash 3,500 tech roles in China as global banks cut costs

Citi plans to slash 3,500 tech roles in China as global banks cut costs  CNBC

Economics

1 week ago South Korea’s new leader faces tightrope act between China ties, US alliance

Hours after Lee Jae-myung was sworn in as the president of South Korea early on Wednesday, Chinese President Xi Jinping extended a congratulatory message, emphasising that China placed “great importance” on strengthening ties with its neighbour amid an increasingly uncertain global landscape. During his campaign, Lee pledged to repair strained ties with China and North Korea and underscored China’s role as a vital trading partner. Analysts predicted more stable China-South Korea relations to...

Politics

1 week ago Military mishap risks rise with PLA’s ‘grey zone operations’: Taiwan ex

The risks of a cross-strait military accident are on the rise as Beijing steps up pressure on Taiwan, a former Taiwanese defence official has warned, citing the lack of direct communication channels between the two sides. Andrew Yang Nien-dzu, who served as Taiwan’s deputy defence minister for four years and briefly held the role of minister, spoke to the South China Morning Post on the sidelines of the Shangri-La Dialogue, Asia’s premier security conference. Yang raised concerns over the...

Events

2 w. ago ‘Credible’ new global mediation body will draw investors to Hong Kong: Paul Chan

The new International Organisation for Mediation launched in Hong Kong will be an efficient, fair and credible mechanism for dispute resolution and attract investors from the Global South as the economy shifts towards these developing countries, the city’s finance minister has said. Financial Secretary Paul Chan Mo-po said on Sunday the inauguration of the China-led body on Friday established Hong Kong’s role as the global legal and mediation centre for the Asia-Pacific region. “An efficient,...

Economics

2 w. ago Top sleep scientist Dan Yang leaves US for China role, reunites with Mu

After spending 35 years in the United States pioneering research on the neural circuits that govern sleep and executive brain functions of the frontal cortex, neuroscientist Dan Yang has returned to China to join the Shenzhen Medical Academy of Research and Translation (SMART) as a senior principal investigator. Dan was elected to the US National Academy of Sciences (NAS) in 2018 in recognition of her “contributions to understanding the microcircuits underlying cortical computation, cellular...

Politics

2 w. ago China to improve economic, technological zones role to attract foreign investment

China to improve economic, technological zones role to attract foreign investment  chinadailyasia.com

Economics

2 w. ago Why central banks are playing a big role in pushing up gold prices

Gold prices have surged this year as investors seek safe investments amid a spike in economic uncertainty unleashed by US President Donald Trump’s tariff policies. But economists say that there is another important factor driving the rally: purchases by central banks. In this explainer, we explore why central banks are increasingly turning to gold assets, how that is driving a long-term structural shift in demand for the metal, and what that means for gold prices going forward. Why are central...

Economics

2 w. ago ‘Draw your conclusions’: Jaishankar on China's role in India

‘Draw your conclusions’: Jaishankar on China's role in India-Pakistan conflict, says ‘Islamabad-Beijing very close’  Mint

Politics

2 w. ago US Intelligence Flags Pakistan’s Weapons of Mass Destruction Push, China’s Key Role; India Focused on Countering Beijing

US Intelligence Flags Pakistan’s Weapons of Mass Destruction Push, China’s Key Role; India Focused on Countering Beijing  Live India

Events

3 w. ago WGC Beijing | Global energy leaders applaud China's role in driving world's energy transition

WGC Beijing | Global energy leaders applaud China's role in driving world's energy transition  Xinhua

Politics

3 w. ago TotalEnergies CEO highlights China's leading role in global energy transition at WGC Beijing

TotalEnergies CEO highlights China's leading role in global energy transition at WGC Beijing  Xinhua

Politics