10 h. ago ‘Urgent revisions’ mulled for China’s bankruptcy law, with shortcomings in mind

Chinese lawmakers began their first review of draft amendments to the Enterprise Bankruptcy Law on Monday, seeking to address shortcomings in the market-exit mechanism, state media reported. The amendments, discussed during the ongoing 17th session of the 14th National People’s Congress (NPC) Standing Committee, include more than 160 new or modified articles based on the current law that was enacted 18 years ago and features 216 articles, according to Xinhua. Calling it the foundational legal...

Politics

3 d. ago Chinese province floats new use for digital yuan: paying long

China is mulling the application of its digital yuan – the central bank-backed currency also known as the e-CNY – to tackle persistent payment defaults, a move that would broaden the asset’s scope beyond the set of use cases explored by Beijing since the currency’s launch in 2019. Authorities in the central province of Hunan touched upon the subject when detailing plans to expand the digital currency’s application scenarios and scale, according to a document published last month. Hunan will...

Politics

1 week ago China’s Tiangong beats ISS, mathematician mulls move: 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. Trump calls criticism of move to admit thousands of Chinese students ‘insulting’ US President Donald Trump on Tuesday defended his proposal to admit hundreds of thousands of Chinese students, saying the US is “honoured” to host them and warning that the American college system would “go to hell” without them. 2. As the world watches PLA approach 100, is it...

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3 w. ago China’s latest weapons on show, US human rights slammed: 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. EU envoys mull skipping China military parade over Putin’s attendance: sources European envoys in Beijing are discussing plans to skip China’s massive military parade next month after considering the attendance of Russian President Vladimir Putin and the possible participation of Russian troops, the Post has learned. 2. What new weapons were on show in...

Events

3 w. ago EU envoys mull skipping China military parade over Putin’s attendance: sources

European envoys in Beijing are discussing plans to skip China’s massive military parade next month after considering the attendance of Russian President Vladimir Putin and the possible participation of Russian troops, the Post has learned. According to five sources familiar with the matter, European missions in Beijing have been invited to the parade and events on the same day but are particularly troubled by the Russian leader’s attendance as Moscow has intensified its attacks on Ukrainian...

Events

3 w. ago Exclusive | EU envoys mull skipping China military parade over Putin’s attendance: sources

Exclusive | EU envoys mull skipping China military parade over Putin’s attendance: sources  South China Morning Post

Events

3 w. ago China Mulls Asking Firms Run by Central Government to Buy Homes

China Mulls Asking Firms Run by Central Government to Buy Homes  Bloomberg.com

Politics

4 w. ago Trump mulls new tariffs, China builds space debris device: 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. Trump may hit China with punitive tariffs over purchases of Russian oil US Vice-President J.D. Vance said that President Donald Trump is “thinking” about slapping new tariffs on imports from China in response to the country’s purchases of Russian oil. 2. China condemns Israel’s Gaza City takeover plan, urges 2-state solution China has condemned Israel’s...

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