38 m. ago Philippines’ Marcos softens stance amid economic pressures but will China bite?

President Ferdinand Marcos Jnr’s recent call to Filipino-Chinese businessmen to boost Manila’s bilateral ties with Beijing has raised the possibility that the Philippine leader is softening his stance on China. However, while the president’s sudden pivot could signal a recalibration of his approach, observers say the move is unlikely to yield any results in the near term because of his earlier hardline policy, including a statement earlier this month by his defence chief at a major security...

Economics

7 h. ago China and South Africa strengthen defense ties at 10th meeting

China and South Africa strengthen defense ties at 10th meeting  ecns.cn

Events

7 h. ago With early stablecoin law, Hong Kong looks to keep edge as finance hub

With the passage of one of the world’s most comprehensive stablecoin laws two weeks ago, Hong Kong is looking to stay at the forefront of global finance while addressing lessons from past industry setbacks, according to analysts. Being a “first mover” in stablecoin legislation “reflects the determination” of the city’s government to “unlock value that they see in this sector, given the number of hurdles from past incidents”, said Melvin Deng, CEO of digital asset trading firm QCP Capital. Hong...

Politics

11 h. ago Beijing’s ties with Moscow and Kyiv should be leveraged for peace

The International Organisation for Mediation launched in Hong Kong late last month, counting 32 countries as founding signatories. An institution designed to supplement and actualise Article 33 of the United Nations Charter is something the world increasingly needs as Russia’s invasion of Ukraine drags into its fourth year. Recent peace talks in Istanbul produced no appreciable progress, while swings on the battlefield have long since given way to a grinding impasse. Neither side appears capable...

Politics

15 h. ago Trump hails limited trade deal with China after talks in London

Trump hails limited trade deal with China after talks in London  The Washington Post

Politics

18 h. ago Hong Kong’s John Lee seeks closer ties in meeting with EU officials

Hong Kong’s leader has sought to deepen ties with the EU in a meeting with the bloc’s representatives, saying the city will remain a free port despite growing protectionism globally. Chief Executive John Lee Ka-chiu said on Wednesday that he had hosted a lunch attended by Harvey Rouse, head of the Office of the European Union to Hong Kong and Macau, as well as 15 consuls general from the bloc’s member countries. The gathering served as a platform for direct dialogue and an exchange of views,...

Politics

19 h. ago 'Deal with China is done': Trump announces trade pact with Beijing after 2

'Deal with China is done': Trump announces trade pact with Beijing after 2-day London talks  Firstpost

Politics

20 h. ago Major Pakistan defense boost as China military ties deepen and India tensions soar

Major Pakistan defense boost as China military ties deepen and India tensions soar  Newsweek

Events

23 h. ago US$900 million seized as China helps Malaysia dismantle Tedy Teow’s scam empire

Chinese and Malaysian police have seized over 3.8 billion ringgit (US$900 million) of assets – including yachts and property – from a syndicate alleged to have duped millions of people throughout the Asia-Pacific with promises of high-return investments. The Ponzi scheme, which operated mainly in Penang state, is believed to be linked to the MBI Group, started by Malaysian Tedy Teow Wooi Huat, who was extradited to China last year after hiding in Thailand. Seventeen people were arrested last...

Economics

24 h. ago Is acceptance by India’s Modi to attend G7 summit in Canada a ‘Pyrrhic victory’?

Canadian Prime Minister Mark Carney’s invitation to his Indian counterpart Narendra Modi last week to attend the G7 summit starting on Sunday has sparked debate on whether the last-minute request came amid pressure from other countries in the group of rich nations or a sign of a thaw in ties with India. Carney extended the invitation to Modi in a phone call between the two leaders on Friday. Modi has accepted the invitation, saying his meeting with Carney will lead to “renewed vigour” in...

Politics

25 h. ago China and Japan must beat mutual hostility while also handling tariffs: envoy

China and Japan must work hard to improve public opinion towards each other, Japan’s top envoy in Beijing said, as the Asian neighbours move to stabilise ties amid shared concerns about tariffs imposed by US President Donald Trump. “The most difficult aspect of current Japan-China relations is the sentiment between the two peoples and, very unfortunately, there are still some negative perceptions that linger in Japan regarding China, and vice versa in the Chinese society regarding Japan,” said...

Politics

26 h. ago US and China ease trade war tensions by agreeing ‘framework’ truce in London – business live

US and China ease trade war tensions by agreeing ‘framework’ truce in London – business live  The Guardian

Events

28 h. ago Fans of Malaysia’s Rafizi face police probes as internal party feud intensifies

A feud within Malaysia’s ruling party has intensified after supporters of former People’s Justice Party (PKR) deputy president Rafizi Ramli alleged they were targeted by the police over social media posts about last month’s party elections. Rafizi, who served as deputy to Prime Minister Anwar Ibrahim within the party, lost his post in the May 23 internal election to Anwar’s daughter, Nurul Izzah. Her elevation fuelled accusations of growing nepotism in the party, which is helmed by her...

Events

29 h. ago US and China agree on plan to ease export controls after trade talks in London

US and China agree on plan to ease export controls after trade talks in London  CNN

Politics

32 h. ago US, China agree to ’framework’ for trade in London, officials say

US, China agree to ’framework’ for trade in London, officials say  Investing.com

Politics

33 h. ago Chinese surrender! Beijing bigwigs chowed on US fast food at London trade talks: ‘total cultural victory’

Chinese surrender! Beijing bigwigs chowed on US fast food at London trade talks: ‘total cultural victory’  New York Post

Politics

36 h. ago China, US officials agree to ‘framework’ that will need approvals by Xi, Trump

China and the United States wrapped up two days of high-level trade talks in London with an agreement “in principle to a framework” that each side will bring home for review by their top leaders. “The two sides agreed in principle a framework for implementing the consensus” that Chinese President Xi Jinping and US President Donald Trump reached in their phone call last week, and the consensus of high-level bilateral negotiations in Geneva last month, China’s top trade negotiator Li Chenggang...

Politics

44 h. ago ‘Chaotic era’: Chinese state media say LA protests are proof of a broken America

Chinese state media have sought to portray the escalating Los Angeles protests against President Donald Trump’s immigration policies as proof of a broken government and the lack of social cohesion in the United States. Such a framing, alongside a mix of gloating and schadenfreude on Chinese social media, comes amid sustained US-China tariff tensions and ongoing high-level trade talks in London. The state-backed Beijing Youth Daily, in a commentary published on its social media page on Tuesday,...

Events

45 h. ago US trade officials mull further rollback of port fee rules – what’s different now?

As the world awaits the outcome of the China-US trade talks in London this week, the US Trade Representative (USTR) has proposed changes to shipping policy – marking another possible rollback from the stricter measures announced in April that aimed to revive the domestic industry and curb China’s shipbuilding dominance. The proposed revisions, issued in a short press release over the weekend, would reduce port fees for car carriers and ease restrictions on liquefied natural gas (LNG) tankers....

Politics

46 h. ago China backs South Africa against ‘hegemony and bullying’ amid US tensions

Beijing is ready to work with South Africa to oppose global “hegemony and bullying”, Chinese Defence Minister Dong Jun said on Tuesday, amid growing tensions between Pretoria and Washington over South Africa’s ties to Russia and controversial US asylum policies. The remarks came during a meeting in Beijing with General Rudzani Maphwanya, chief of the South African National Defence Force, according to a statement released by China’s Ministry of National Defence. It was Dong’s first public...

Events