4 h. ago China Eyes Russian Planes To Fuel Air Force Fighter Jets: Reports

China Eyes Russian Planes To Fuel Air Force Fighter Jets: Reports  Newsweek

Politics

9 h. ago Dutch economy minister says he spoke with Chinese counterpart about chipmaker Nexperia

Dutch economy minister says he spoke with Chinese counterpart about chipmaker Nexperia  Reuters

Politics

12 h. ago Behind Beijing’s Tough Trade Tactics, a Slowing Chinese Economy

Behind Beijing’s Tough Trade Tactics, a Slowing Chinese Economy  The Daily Upside

Politics

13 h. ago Hong Kong will lead push for green fuel to elevate status as aviation hub: minister

Hong Kong will play a pivotal role in pushing for the use of sustainable aviation fuel (SAF) in an effort to raise the city’s status as an international aviation hub, the city’s transport chief has pledged. Speaking at the International Air Transport Association (IATA)’s World Sustainability Symposium hosted in Hong Kong on Tuesday, Secretary for Transport and Logistics Mable Chan also said the government’s green fuel usage target of 1 to 2 per cent by 2030, announced after Chief Executive John...

Politics

14 h. ago ‘Light in our darkest days’: mum of slain Malaysian schoolgirl moved by support

Wong Lee Ping, the grieving mother of 16-year-old Yap Shing Xuen, whose brutal murder on October 14 shocked Malaysia, has expressed profound gratitude for the outpouring of community support, describing it as a beacon of light in our darkest hour. “We are truly touched and humbled by the outpouring of love, support, and presence from all of you during this painful period. Your care has been a light in our darkest days,” Wong expressed in a touching message shared on social media following her...

Politics

14 h. ago Can Scott Bessent see China’s trade counterstrike with clear eyes?

After a video call last Saturday, US Treasury Secretary Scott Bessent and Chinese Vice-Premier He Lifeng are expected to meet in Malaysia this week to hopefully ease tensions before US President Donald Trump and President Xi Jinping potentially meet on the sidelines of this year’s Apec summit. The meeting was in doubt when Trump threatened to impose an additional 100 per cent tariff on China, despite later relenting that it might not be sustainable. Washington blamed Beijing for the escalation,...

Events

15 h. ago Hong Kong retains top spot in finance, logistics and tourism in Greater Bay Area

Hong Kong has retained its leading position in three out of six major industries within the Greater Bay Area, according to an index comparing the relative advantages of 11 cities across the southern Chinese region. Shenzhen held onto its top spot in innovation and technology as well as manufacturing, while Guangzhou remained the leader in real estate. The Greater Bay Area Industry Development Index, compiled by Our Hong Kong Foundation and Dah Sing Bank, surveyed 3,400 companies across 11 cities...

Politics

15 h. ago Major foreign banks raise China’s GDP forecast, annual target seen as ‘on track’

Several major banks forecast stronger economic growth for China this year, buoyed by third-quarter data showing slightly better-than-expected expansion despite domestic and external headwinds. Investment bank Goldman Sachs raised its full-year gross domestic product forecast for 2025 from 4.8 per cent to 4.9 per cent, noting that the government’s target of “around 5 per cent” remains “largely on track”. The bank also revised its estimate for 2026, up slightly from 4.2 per cent to 4.3 per cent,...

Events

15 h. ago Overseas banks raise China GDP forecasts, say Beijing ‘on track’ for 2025 target

Several major banks forecast stronger economic growth for China this year, buoyed by third-quarter data showing slightly better-than-expected expansion despite domestic and external headwinds. Investment bank Goldman Sachs raised its full-year gross domestic product forecast for 2025 from 4.8 per cent to 4.9 per cent, noting that the government’s target of “around 5 per cent” remains “largely on track”. The bank also revised its estimate for 2026, up slightly from 4.2 per cent to 4.3 per cent,...

Events

17 h. ago 4 smugglers arrested for bringing gold into Japan from Hong Kong in underwear

Four people have been arrested for allegedly trying to smuggle about 8kg of gold worth around 98.7 million yen (US$650,000) from Hong Kong to Japan by concealing gold powder in underwear, sources familiar with the matter revealed on Tuesday. Masamori Nishimura, 34, is believed to have orchestrated the smuggling attempt by instructing three women in their 20s and 30s to wear underwear with concealed gold powder on a flight in July last year, the sources said. The four admitted to the charges,...

Events

17 h. ago Malaysia’s illegal firework trade under fire as ‘coconut’ explosive injures 22

What should have been an evening of light and celebration to mark Diwali in Malaysia descended into chaos on Monday after a fireworks blast injured 22 people, reigniting concerns over lax enforcement of a ban on high-powered explosives. The explosion in Kulim, northern Kedah state, left one man with a fractured skull while others suffered burns and broken bones, police said. Unconfirmed local media reports said other injuries included severed fingers and permanent hearing loss. Kulim district...

Events

17 h. ago At China’s Canton Fair, exporters sense a warming trend in yuan settlements

At the ongoing autumn edition of the Canton Fair in Guangzhou – China’s oldest and largest trade exhibition – Chinese exporters are noticing a quietly spreading shift: an increasing number of overseas clients, particularly from emerging markets such as Southeast Asia, Central Asia and Africa, are proactively proposing to settle trade orders in yuan. Wang Lilin, sales director at diesel generator manufacturer Keypower, said the company had seen a clear rise in yuan settlements over the past two...

Events

18 h. ago China's economy is struggling, but its homegrown companies are dominating abroad, Goldman Sachs says

China's economy is struggling, but its homegrown companies are dominating abroad, Goldman Sachs says  businessinsider.com

Politics

25 h. ago To avert war, the West must shatter the mirror by which it views China

In the shadow of escalating tensions between the United States and China, Graham Allison’s concept of the Thucydides Trap has become a staple of geopolitical discourse. Coined by the Harvard scholar, the term evokes the ancient Greek historian Thucydides’ observation that “it was the rise of Athens and the fear that this instilled in Sparta that made war inevitable”. Allison’s study of 16 historical cases, where a rising power challenged a ruling one, found war in 12 instances. He warns that...

Events

32 h. ago China’s rare earth magnet exports to US plunge 29% as tensions simmer

The decline in China’s exports of rare earth magnets to the United States accelerated in September – a period predating Beijing’s expansion of controls over the flow of the critical minerals – an indication the prized items remain a major battleground in the ongoing trade war between the world’s two largest economies. China’s total exports to the US of the permanent magnets – essential components in manufacturing for several hi-tech industries, including electric vehicles and defence – reached...

Events

34 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

34 h. ago China’s soybean imports surge as orders to US hit zero and American farmers fret

China imported no soybeans from the United States in September, but total imports remained at high levels amid a recent escalation in the US-China trade war, the latest Chinese customs data showed. Last month, the world’s largest food buyer purchased 12.8 million tonnes of soybeans – a crop heavily reliant on imports for its livestock industry – with a notable surge from Argentina during a brief suspension of export taxes, according to the detailed customs data released on Monday. The absence of...

Events

34 h. ago ‘Act of defiance’: China’s crude oil imports from Russia rise despite US pressure

Russia remained China’s top crude oil supplier in September, at a time when the United States is stepping up pressure on major economies to curb their reliance on energy from the Eurasian country. Imports from Russia rose 4.3 per cent in volume from August to 8.29 million tonnes in September, accounting for 17.5 per cent of China’s total crude imports, customs data showed – a sign of Beijing’s willingness to maintain trade links with Moscow despite geopolitical frictions. Chinese purchases of US...

Events

35 h. ago China’s economic growth slows amid Trump tariff war and property woes | Chinese economy

China’s economic growth slows amid Trump tariff war and property woes | Chinese economy  The Guardian

Economics

37 h. ago Chinese loans fuel Angola’s future cities but analysts cautious over the costs

Since nearly three decades of civil war ended in 2002, Angola has been relying heavily on China – its key financier of post-war infrastructure – to help the southern African country’s government deliver on its promise of a million new homes. When the West was unwilling to finance its projects, Luanda secured loans from Chinese state banks under the so-called Angolan model, using its oil as collateral. Angola became the largest recipient of Chinese financing in Africa, attracting 270 loans worth...

Politics