98 m. ago Hong Kong Urban Renewal Authority eyes Middle East, Europe investors for bonds

Hong Kong’s cash-strapped Urban Renewal Authority (URA) will issue another round of bonds this year and has reached out to investors in the Middle East and Europe, the body’s outgoing chief has revealed. Authority managing director Wai Chi-sing also said that two sites the government gave to the URA this month had strengthened its bargaining power in talks with investors, and that he believed there would be more similar land grants in the future. Wai, who leaves the statutory body on Saturday...

Economics

2 h. ago Smiling, friendly China a perfect antidote to Trump’s angry America

Following the start of the Covid-19 pandemic in 2020, China experienced a sharp drop in the number of international visitors and many foreign residents left the country. International tourism was still below pre-pandemic levels as late as 2024. When tourists did not return in large numbers after it reopened its borders in 2023, China began to take measures to reverse the trend and bring foreigners back, rolling out a unilateral 30-day visa-free entry scheme, which now encompasses 47 countries,...

Politics

3 h. ago Huawei’s AI chip output limited to 200,000 in 2025, US commerce official says

Huawei Technologies is expected to ship no more than 200,000 of its advanced artificial intelligence (AI) semiconductors this year, according to a senior Trump administration official overseeing US export controls, who estimated that “most or all of” those chips would be supplied to enterprises within China. That figure would pale in comparison to the more than 1 million China-specific H20 graphics processing units (GPUs) produced by Nvidia in the last nine months of 2024, according to a January...

Politics

3 h. ago China and India to work to bring back direct flights between two countries

China and India have agreed to work towards the resumption of direct flights and take other moves to boost exchanges as the latest step in their efforts to stabilise relations. The measures were announced after Indian foreign secretary Vikram Misri held talks with Chinese foreign vice-minister Sun Weidong, who was on a two-day visit to India. New Delhi’s statement released on Friday said the two sides had reviewed developments since their last meeting in January and “agreed to continue to...

Politics

4 h. ago China calls on Niger to tackle disputes with energy firms through dialogue

Foreign Minister Wang Yi has urged Niger’s junta government to resolve disputes with Chinese energy companies operating in the West African nation through dialogue. Wang made the remarks during talks with his Nigerien counterpart Bakary Yaou Sangaré in the central Chinese city of Changsha on Wednesday. “The two sides should properly handle the differences and problems encountered in cooperation through dialogue,” Wang said, according to a Chinese foreign ministry readout of the meeting, which...

Politics

8 h. ago As Chinese exporters explore home market, how are letters of credit helping?

After the United States imposed so-called reciprocal tariffs on imports from China in April, Beijing took steps to help Chinese exporters sell their products domestically. In addition to the staging of product promotion events across the country and the offering of fiscal and financial incentives, Beijing also encouraged the increased use of letters of credit (L/Cs) to help such businesses switch focus to the domestic market. What is a domestic letter of credit? A letter of credit, also known as...

Politics

8 h. ago Cheerleaders to critics: German machinery makers call for EU action on China

Germany’s iconic machine makers used to be among the loudest cheerleaders for ever-closer economic ties between China and Europe. Now, as exports dwindle and facing “increasingly strong [Chinese] competitors” beefed up by “unfair state subsidies”, the industry is demanding that Brussels put in place trade barriers to protect it. A new position paper published on Thursday by the Mechanical Engineering Industry Association (VDMA), representing medium-sized manufacturers that help constitute...

Politics

10 h. ago China delays approval of $35bn US chip merger amid Donald Trump’s trade war

China delays approval of $35bn US chip merger amid Donald Trump’s trade war  Financial Times

Politics

14 h. ago Chinese solar firms bank on overseas expansion to survive amid US tariffs

Chinese solar and energy-storage companies will continue to press ahead with their overseas expansion with or without a long-term agreement on trade tariffs, as production abroad holds the key to their long-term survival, according to executives at China’s largest solar industry exhibition. Although the US and China reached a 90-day truce in their ongoing tariff war in May, solar panel exports from China and Southeast Asia to the US are still subject to tariffs of as much as 3,521 per cent, with...

Economics

14 h. ago China’s Economy Withstood Trade Chaos But Momentum Likely Slowed

China’s Economy Withstood Trade Chaos But Momentum Likely Slowed  Bloomberg

Events

15 h. ago Trump wanted ‘90 deals in 90 days.’ Instead, he’s finding wins where he can.

Trump wanted ‘90 deals in 90 days.’ Instead, he’s finding wins where he can.  Politico

Politics

15 h. ago Crypto, China, critical minerals: inside Pakistan army chief’s US visit

Pakistan’s army chief, General Asim Munir, was set to arrive in Washington on Thursday, three weeks after his country’s flare-up with neighbouring, nuclear-armed rival India. Munir will stay in the US until June 18 and is expected to attend the US Army’s 250th anniversary celebrations on June 14 in the nation’s capital – a day that coincides with US President Donald Trump’s birthday, according to three people familiar with the matter. The Pakistani general is likely during his visit to travel to...

Politics

16 h. ago Opinion | Trump miscalculated on China. Now the administration is trying to fix the mess.

Opinion | Trump miscalculated on China. Now the administration is trying to fix the mess.  The Washington Post

Politics

16 h. ago New Zealand PM Luxon to meet President Xi in China, then head to Europe

New Zealand PM Luxon to meet President Xi in China, then head to Europe  Reuters

Politics

17 h. ago Trump seems to reverse course on Chinese students in US, saying he supports them

US President Donald Trump reiterated his support for Chinese students in America on Thursday and pledged to help them remain in the country after graduation, distancing himself from initiatives that his administration has announced to limit or block international students because of national security concerns. “I’ve always been strongly in favour of it. I think it’s a great thing,” Trump said on Thursday, referring to Chinese nationals seeking to study in the US. “It’s also good for our schools....

Politics

17 h. ago Trump cannot hope to solve a China ‘problem’ he has misdiagnosed

Amid a US-China trade truce, negotiators in London reached a “framework” agreement to activate the Geneva deal, raising hopes for an immediate alleviation of the trade conflict, including potentially a US commitment to revoke some of its tech embargoes in return for China’s relaxation of rare earth export restrictions. The full details of the London agreement are expected to be available after both US President Donald Trump and President Xi Jinping have approved it. The two-day London...

Politics

17 h. ago Trump’s fundamental mistake is in seeing China as America’s problem

Amid a US-China trade truce, negotiators in London reached a “framework” agreement to activate the Geneva deal, raising hopes for an immediate alleviation of the trade conflict, including potentially a US commitment to revoke some of its tech embargoes in return for China’s relaxation of rare earth export restrictions. The full details of the London agreement are expected to be available after both US President Donald Trump and President Xi Jinping have approved it. The two-day London...

Politics

17 h. ago Opinion | Trump’s fundamental mistake is in seeing China as America’s problem

Opinion | Trump’s fundamental mistake is in seeing China as America’s problem  South China Morning Post

Politics

18 h. ago Trump’s China Trade Framework Mostly a Reset to Earlier Terms

Trump’s China Trade Framework Mostly a Reset to Earlier Terms  Bloomberg

Politics

18 h. ago China ‘always’ raises this issue in deals with the US, trade rep says

China ‘always’ raises this issue in deals with the US, trade rep says  Fox News

Politics