17 h. ago “China’s Hidden Weapon Unleashed”: Rare Earths Now Drive Global Power Shift as Beijing Tightens Grip on World’s Tech Supply Chain

“China’s Hidden Weapon Unleashed”: Rare Earths Now Drive Global Power Shift as Beijing Tightens Grip on World’s Tech Supply Chain  Visegrád Post

Events

6 d. ago Not just manufacturing: Li Qiang vows China will be major consumption power

Premier Li Qiang has pledged that China will become a “consumption powerhouse” capable of fuelling domestic and global growth, even as he acknowledged the country was grappling with a slump in cross-border investment and persistent trade tensions. Speaking at the World Economic Forum’s annual meeting in Tianjin on Wednesday, Li reiterated Beijing’s commitment to boosting demand in the world’s second-largest economy and defending globalisation. “This will make China a mega-sized consumption...

Politics

7 d. ago Li Qiang pledges to make China ‘massive’ consumer market to drive global growth

This live blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Get faster notifications on the latest updates by downloading our app. Chinese Premier Li Qiang is scheduled to give the keynote speech at the Annual Meeting of the New Champions, also known as “Summer Davos”, in the northern port city of Tianjin on Wednesday morning. The world’s second-largest economy has largely withstood the tariff war launched by US...

Politics

1 week ago “China in Shock”: New Hypersonic Aircraft With Mach 5+ Speeds Triggers Massive Global Reaction After US Engine Breakthrough

“China in Shock”: New Hypersonic Aircraft With Mach 5+ Speeds Triggers Massive Global Reaction After US Engine Breakthrough  Sustainability Times

Events

1 week ago Massive Overcapacity Threatens to Prolong China’s Car Price War

Massive Overcapacity Threatens to Prolong China’s Car Price War  Bloomberg

Events

1 week ago China’s Victory Day rehearsal leaks show stealth jets, massive air formations

Videos circulating on Chinese social media that appear to show rehearsals for a major military parade are providing an early glimpse of the scale and symbolism expected when China marks the 80th anniversary of its Victory Day in September. On Wednesday, a clip posted to the Instagram-like platform RedNote – also known as Xiaohongshu – showed at least 45 People’s Liberation Army helicopters flying in formation. The aircraft formed ceremonial patterns, including a heart, the numbers “8” and “0”,...

Events

2 w. ago Massive petabyte data transfers are replacing black market chips as China trains AI outside its borders

Massive petabyte data transfers are replacing black market chips as China trains AI outside its borders  TechRadar

Politics

2 w. ago Gen Z’s ‘emotional consumption’ fuels surge in consumer stocks like Pop Mart

Stock investors are capitalising on the spending power of China’s Generation Z consumers, who splurge on everything from gold jewellery to low-priced drinks, delivering multifold returns on so-called new consumer stocks. The ascent of Pop Mart International Group, Mixue Group and Laopu Gold is one of the few bright spots in China’s sluggish consumer industry, which has been plagued by a weak jobs market and the deflationary trend. The robust performance has come at the cost of traditional...

Politics

2 w. ago Are Robots The Answer To China's Aged Care Crisis? Beijing Launches Massive Trial To Test If Machines Can Cook, Clean And Console The Elderly

Are Robots The Answer To China's Aged Care Crisis? Beijing Launches Massive Trial To Test If Machines Can Cook, Clean And Console The Elderly  Benzinga

Events

2 w. ago China to remove tariffs on nearly all goods from Africa as both criticise US

Twenty more African countries, mostly from the continent’s middle-income nations, are set to gain access to the world’s largest consumer market duty-free as Beijing plans to remove tariffs for all products from every African nation except eSwatini. The measure was announced as African ministers joined Beijing at a meeting in central China affiliated with the Forum on China-Africa Cooperation (FOCAC). Amid the tariff war, representatives from China and African nations accused the United States of...

Politics

2 w. ago US warfighters are losing a massive force multiplier advantage as China advances in space

US warfighters are losing a massive force multiplier advantage as China advances in space  Fox News

Events

3 w. ago China Built a Massive Indoor Traditional City — Complete With a Sky Train

China Built a Massive Indoor Traditional City — Complete With a Sky Train  MSN

Politics

3 w. ago 8 million Chinese viewers moved by boy, 6, who operates crane for acrobat parents

Massive numbers of people across China have watched in amazement as a thoughtful six-year-old boy operates a crane that is integral to an acrobatic show his parents perform. Xie Yule expertly worked the machine that held his parents in the air to perform in a town in eastern China’s Anhui province on a rainy evening ahead of Children’s Day. As rain fell heavily, the diminutive Xie stood on a stool as his hand never left the crane’s control panel, his eyes locked on his parents. His father, Xie...

Politics