10 m. ago China’s military says Japan ‘breaching pacifist constitution’ with missile tests

China’s military has accused Japan of undermining regional security after it tested new long-range anti-ship and hypersonic missiles. A commentary published by the military mouthpiece People’s Liberation Army Daily on Wednesday said that the extended range of missiles would be “a real deterrent to multiple surrounding areas”. It also argued that the increased ability to strike long-range targets was “breaking the restrictions of the pacifist constitution that the Japanese Self-Defence Forces...

Events

29 m. ago Stock futures slip as U.S. and China agree to framework for future trade talks: Live updates

Stock futures slip as U.S. and China agree to framework for future trade talks: Live updates  CNBC

Politics

41 m. ago From AI to chips: China courts private tech firms to help drive next 5

China has signalled growing support for the private sector, as the head of the government department that oversees economic reform sat down with representatives of the tech industry to gather input ahead of Beijing’s next five-year development blueprint, analysts said. Zheng Shanjie, chairman of the National Development and Reform Commission (NDRC), met leaders from five private enterprises to “gather opinions and suggestions for the scientific formulation of the ‘15th Five-Year Plan’, with a...

Economics

43 m. 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

63 m. ago Hong Kong environment chief rejects relaxed quarantine rules for imported pets

Hong Kong’s environment chief has ruled out flexible quarantine arrangements, including at home, for imported cats and dogs, but will consider extending hours and increasing the number of checkpoints for pet transport from mainland China. Secretary for Environment and Ecology Tse Chin-wan told a Legislative Council meeting on Wednesday that existing quarantine facilities are sufficient for imported pets, adding that the government would not consider altering the quarantine method for now due to...

Politics

71 m. 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

92 m. ago Beijing slams Washington for supporting jailed Hong Kong activist Joshua Wong

China’s foreign ministry arm in Hong Kong on Wednesday voiced its disapproval of the United States’ “blatant support” of jailed activist Joshua Wong Chi-fung, while accusing Washington of smearing police’s enforcement actions. Last Friday, Hong Kong national security police levelled a fresh charge against Joshua Wong Chi-fung, accusing him of conspiring with fugitive ex-lawmaker Nathan Law Kwun-chung to collude with foreign forces five years ago. A US Department of State spokesman strongly...

Events

1 hour ago Stock market today: Dow, S&P 500, Nasdaq futures slip as US, China reach trade plan, with CPI inflation on deck

Stock market today: Dow, S&P 500, Nasdaq futures slip as US, China reach trade plan, with CPI inflation on deck  Yahoo Finance

Economics

2 h. ago China working to add C919 certification to agenda for July EU summit

China will push for civil aviation to be a topic of discussion at a summit with European Union leaders in July, with particular focus on the certification of the domestically produced C919 aircraft, according to a source with knowledge of the matter. High-level negotiations on the safety evaluation process would be likely to fast-track ratification of the airliner, the source said, and a rumoured order of hundreds of Airbus aircraft from Beijing would only help speed things along. Next month’s...

Politics

2 h. ago CPI Report Today: Dow Futures Fall; U.S. and China Agree Trade Truce Framework

CPI Report Today: Dow Futures Fall; U.S. and China Agree Trade Truce Framework  WSJ

Politics

2 h. ago China rare earths magnets maker says it has received export licences

China rare earths magnets maker says it has received export licences  Reuters

Politics

2 h. ago US and China agree to a trade truce, but Beijing seems to be gaining the upper hand

US and China agree to a trade truce, but Beijing seems to be gaining the upper hand  The Indian Express

Politics

2 h. ago China Releases Photos of Aircraft Carriers Beyond First Island Chain

China Releases Photos of Aircraft Carriers Beyond First Island Chain  Newsweek

Transport

3 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

3 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

3 h. ago Demand destruction can help break China's rare earths chokehold

Demand destruction can help break China's rare earths chokehold  Reuters

Politics

4 h. ago China plans to turn Shenzhen into AI and aviation hub amid US sanctions

China has outlined a string of reforms to accelerate the development of hi-tech emerging industries in the city of Shenzhen, as the tech hub in southern China grapples with a barrage of US trade restrictions. The plan focuses on boosting Shenzhen’s ability to create scalable business models in industries such as artificial intelligence and aviation that can be replicated across China, by helping the city cultivate a larger talent pool, expand local companies’ access to financing, and speed up...

Politics

4 h. ago Chinese man, 35, refuses to work or get married, lives in a cave for 4 years

A 35-year-old man in China who believes work and marriage are redundant notions has been living in a cave for four years. Min Hengcai from southwestern China’s Sichuan province calls home the adapted cavern in the town where he was raised. At the end of 2021, he gave up a ride-hailing driving job, which earned him 10,000 yuan (US$1,400) a month in the city, and returned home to live a life of seclusion. Min said he found work meaningless. He had previously worked for 10 hours a day to repay a...

Politics

4 h. ago BYD and other mainland carmakers pledge to speed up payments to suppliers

BYD and other mainland carmakers pledge to speed up payments to suppliers  South China Morning Post

Politics

4 h. ago Game on for Hong Kong economy as Kai Tak Stadium proves to be a roaring success

Hong Kong should capitalise on the success of the Asian Cup qualifier at Kai Tak Stadium on Tuesday night by maximising the potential of the venue and engagement with business sectors to boost the economy, according to analysts. A total of 42,570 football fans witnessed Hong Kong’s 1-0 victory over India, packing the stands with a sea of red and roaring chants as the team hosted an international match for the first time at the new stadium. Vincent Cheng Wing-shun, vice-chairman of the major...

Sport