55 h. ago Carney: Canada entering ‘new era’ in relationship with Beijing

Carney: Canada entering ‘new era’ in relationship with Beijing  Yahoo! Finance CanadaCarney in Beijing to reset 'complex' Canada-China ties, says minister  ReutersCanadian Prime Minister Mark Carney arrives in Beijing for landmark four-day visit to China  ABC News

Politics

3 d. ago OpenAI expects another ‘seismic shock’ from China amid speculation of new DeepSeek release

The race between the US and China to dominate the world’s artificial intelligence industry has become “complex and challenging to forecast”, according to ChatGPT creator OpenAI. In a blog post this week, published ahead of the first anniversary of DeepSeek’s release of breakthrough reasoning model R1 on January 20, OpenAI said another “seismic shock” from China could be on the cards, as anticipation heightened about a potential new major release from the Hangzhou-based start-up around the Lunar...

Events

5 d. ago The US has played its hand in Latin America. Will China’s firms there cash out?

With domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. In the days since Washington’s ousting and abduction of former Venezuelan president Nicolas Maduro – an event that sent shock waves through global markets – some...

Economics

5 d. ago As China’s companies expand overseas, entrepreneurs want the passports to match

With domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. Chinese national Steve Xie has been doing business overseas for years. His latest venture, a new warehouse in Egypt, will supply electric vehicles and auto parts to...

Politics

6 d. ago Could China execute a special forces operation like the US precision Maduro abduction?

The extreme precision of the US in its Venezuelan operation shows why nations must be able to execute a complex special surgical strike, according to analysts who said China had long pursued the capability but had yet to master it. In a complex joint endeavour integrating its air force, navy, intelligence agencies and space and cyber units, the US military’s elite Delta Force special mission unit completed its precision raid in Caracas – from infiltration to exfiltration – in less than three...

Politics

8 d. ago China cautions against ‘compound errors’ from clashing policies

A mouthpiece for China’s ruling Communist Party has warned against conflicting economic measures, urging officials to better guide market expectations in a front-page commentary highlighting Beijing’s growing focus on policy coordination. “The more policies there are, the greater the risk they will be working at odds,” the People’s Daily editorial said on Friday, pointing to China’s increasingly complex economic environment, “with more and more policy dilemmas emerging and greater demands on...

Events

1 week ago AI surgery: Chinese robot conducts complex operation on pig without human intervention

A robot developed by a Chinese company has successfully performed a biliary surgery on a 30kg pig, using an AI model to perform the procedure autonomously. The experiment, which took place on December 24, was conducted by Shanghai MicroPort MedBot, using its Toumai robot powered by the proprietary Neuron multimodal surgical model, the company said in a post on Wednesday. The core surgical procedures, including bile duct clamping and cutting, were performed autonomously by the Medbot, which...

Politics

1 week ago Sinopec and Aramco launch Fujian joint venture to develop major refinery and petrochemicals complex in China

Sinopec and Aramco launch Fujian joint venture to develop major refinery and petrochemicals complex in China  Energies Media

Politics

1 week ago December roundup of major joint ventures and partnerships: China FAW takes a stake in Leapmotor; Two century

December roundup of major joint ventures and partnerships: China FAW takes a stake in Leapmotor; Two century-old auto giants forge a strategic partnership  Gasgoo

Politics

2 w. ago China conflict won’t benefit South Korea, Lee Jae Myung says ahead of state visit

Ahead of his state visit to China, South Korean President Lee Jae Myung said that while security cooperation with the US was an “unavoidable reality” for Seoul, its relations with Beijing should not move towards confrontation. In an interview with Chinese state broadcaster CCTV on Friday, Lee called for more frequent leader-level dialogues – at least annually – to explore mutually beneficial opportunities amid an increasingly complex global environment. His four-day trip to China, set to begin...

Events

2 w. ago China greenlights major refinery and petrochemical complex slated for 2026 launch

China greenlights major refinery and petrochemical complex slated for 2026 launch  Energies Media

Politics

3 w. ago China’s stance on TikTok deal ‘not a green light with no strings attached’, analysts say

The Chinese commerce ministry’s latest remarks on the TikTok deal in the US signalled acceptance rather than approval, as Beijing “hopes” the arrangement will comply with Chinese laws and strike a balance between rival interests, analysts say. The Chinese Ministry of Commerce, which oversees trade and export controls, declared its position a week after TikTok announced the formation of a joint venture, controlled by a consortium of American investors, that would take over its operations in the...

Politics

3 w. ago China opens shopping centre on Woody Island in disputed Paracels in South China Sea

China has opened a new shopping centre on Woody Island in the disputed Paracel Islands, bolstering its civilian presence on the strategically vital South China Sea outpost. The Sansha City Commercial Centre opened to business on Thursday, according to the local government. The over 6,000 square metre (64,600 sq ft) complex is the latest addition to China’s civilian infrastructure on what it calls Yongxing Island, following its first hardware store last year and a hotpot restaurant in 2023. Woody...

Economics

3 w. ago China responds to TikTok joint venture deal for U.S. business

China responds to TikTok joint venture deal for U.S. business  news.cgtn.com

Economics

3 w. ago China responds to TikTok's new deal to form joint venture in the U.S.

China responds to TikTok's new deal to form joint venture in the U.S.  news.cgtn.com

Politics

3 w. ago China, Russia partnership ‘stronger than ever’ despite Western sanctions: envoy

Western sanctions have not weakened ties between Beijing and Moscow but instead fostered closer dialogue and higher levels of mutual trust, Russia’s ambassador to China Igor Morgulov said on Tuesday. Addressing a forum at Renmin University of China in Beijing, Morgulov portrayed the deepening partnership as a response to efforts aimed at constraining both countries’ technological development and distorting fair competition. China and Russia had expanded cooperation in an “extremely complex”...

Politics

3 w. ago TikTok owner ByteDance’s valuation hits US$500 billion as US survival plan advances

China’s ByteDance, owner of TikTok, has seen its valuation surge to US$500 billion on the private market as it advances a survival plan in the US, up sharply from US$400 billion earlier this year, according to two sources. With the deadline for a sell-or-ban law looming, TikTok CEO Chew Shou Zi informed employees last week that the company had signed a binding agreement to divest its US entity into a joint venture controlled by American investors. “Investors are happy about the deal’s terms as...

Events

4 w. ago TikTok seals US deal but core algorithm could still rattle ties with China

TikTok may have dodged a US ban but unresolved questions about its algorithm could remain a source of tension in the broader US-China relationship, according to analysts. ByteDance, the parent company of the social media site, signed a binding agreement this week to divest its US entity into a joint venture controlled by a consortium of American investors, ending years of legal and political uncertainties. TikTok CEO Shou Zi Chew said in an internal memo on Thursday that the deal effectively...

Technology

4 w. ago TikTok reaches new US deal; China’s answer to Nvidia’s A100: 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. TikTok reaches deal on new US venture with American investor group In a landmark move that ends years of legal and political uncertainty, TikTok CEO Chew Shou Zi informed employees that the company has signed a binding agreement to divest its US entity into a joint venture controlled by a consortium of American investors. 2. Chinese team builds optical chip...

Politics

4 w. ago China's ByteDance signs deal to form joint venture in step to avoid US TikTok ban

China's ByteDance signs deal to form joint venture in step to avoid US TikTok ban  Reuters

Politics