4 h. ago Europe’s summer from hell, China’s stablecoin dilemma: 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. Europe’s summer from hell bleeds into autumn as Trump and Xi turn the screws If Brussels’ bureaucrats returning from their long summer breaks this week were wondering what they missed, the local press had them covered. Unbecoming scenes at June’s Nato summit, the “hopelessly one-sided” trade deal with the United States in July, as well as Chinese President...

Politics

4 h. ago Europe’s summer from hell, the future of air combat: 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. Europe’s summer from hell bleeds into autumn as Trump and Xi turn the screws If Brussels’ bureaucrats returning from their long summer breaks this week were wondering what they missed, the local press had them covered. Unbecoming scenes at June’s Nato summit, the “hopelessly one-sided” trade deal with the United States in July, as well as Chinese President...

Politics

4 h. ago 1 person killed, 3 hurt in Xinjiang traffic accident involving Hong Kong tour group

One person has died and three others have been injured in a traffic accident involving a Hong Kong tour group in Xinjiang. The Travel Industry Authority said on Friday that it was notified by Travel Circle International on Wednesday that the tour group was involved in a traffic accident that day in the autonomous mainland Chinese region. The group, which included 20 tourists, departed on August 27 on an 18-day visit to Xinjiang. Four tourists from two families were injured, including one who...

Events

4 h. ago China, Pakistan pledge stronger tech and trade cooperation amid US charm offensive

China and Pakistan have pledged to expand trade and deepen technological cooperation in areas ranging from agriculture to space exploration, at a time when Islamabad is warming to the United States. During a meeting on Thursday with Pakistani Prime Minister Shehbaz Sharif, Premier Li Qiang said Beijing would advance the second phase of the China-Pakistan Economic Corridor (CPEC), a flagship infrastructure project under the Belt and Road Initiative. “Global instability and uncertainty have grown...

Politics

4 h. ago Ukraine war must be resolved within UN halls, not on the battlefield

This year marks the 80th anniversary of Japan’s surrender in World War II and the founding of the United Nations. Humanity learned with great pain that peace and security must coexist for all nations, and the vicious circle of war must not be repeated. In 1941, the United States imposed an oil embargo on Japan in response to its expansion in Asia and invasion of French Indochina. For the US and its allies, Japan’s militant aggression was a blatant violation of peace; for Japan, the embargo was...

Events

7 h. ago Belt and Road Summit marks a decade of deals as Hong Kong eyes new chapter of collaboration

[The content of this article has been produced by our advertising partner.] Co-organised by the HKSAR Government and the Hong Kong Trade Development Council (HKTDC), the 10th Belt and Road Summit will return to the Hong Kong Convention and Exhibition Centre on September 10-11.  Bringing together over 90 speakers from 18 Belt and Road economies, this year’s two-day programme continues a ten-year run of policy dialogue, business exchange and investment matchmaking under the theme “Collaborate for...

Politics

8 h. ago Hong Kong must be louder on trade to fight off threat of Trump protectionism

Few economies depend as heavily as Hong Kong on a free and open multilateral trading system. Few have as much to lose if the current US administration succeeds in disembowelling the World Trade Organization and miring international trade in tariffs and other forms of protectionism. Yet as the global trading system faces a protectionist assault, Hong Kong’s voice is nowhere to be heard. Our economy has a vested interest in pushing back against the chaotic trade protectionism that US President...

Politics

9 h. ago Trump Urges Europe to Cut Russian Oil, Press China in Bid to End Kremlin War

Trump Urges Europe to Cut Russian Oil, Press China in Bid to End Kremlin War  UNITED24 Media

Politics

11 h. ago Europe’s summer from hell bleeds into autumn as Trump and Xi turn the screws

If Brussels bureaucrats returning from their long summer breaks this week were wondering what they missed, the local press had them covered. Unbecoming scenes at June’s Nato summit, the “hopelessly one-sided” trade deal with the United States in July, as well as President Xi Jinping’s refusal to travel to Belgium for that month’s summit with EU leaders, were all cited by the Brussels media outlet Euractiv. “Now talk of a European moment has given way to fears of a European ‘century of...

Politics

11 h. ago China export growth seen slowing in August as US trade truce boost fades

China export growth seen slowing in August as US trade truce boost fades - Reuters poll  Reuters

Politics

13 h. ago Europe power guru Wang Xiongfei brings grid stability expertise home to China

One of the European Union’s top power systems experts, Wang Xiongfei, has come full circle after returning to China to take a leading academic role at Tsinghua University. As the newly appointed Xinghua chair professor and doctoral supervisor, Wang brings years of knowledge and experience in European power electronics and grid stability. He has led more than 40 research projects funded by the EU, Denmark, Sweden and various corporations. He has collaborated with grid companies in Germany, the...

Politics

13 h. ago US says Venezuelan aircraft flew over navy vessel in international waters

Two Venezuelan military aircraft flew over an American naval vessel in international waters off the coast, according to the Pentagon, a fresh escalation between the two adversaries after the US struck a speedboat purportedly carrying drugs from the country. “This highly provocative manoeuvre was designed to interfere with our counter-narcotics operations,” the Pentagon said. It said the “cartel” running Venezuela is “strongly advised” not to interfere with any other operations by the US. The...

Society

21 h. ago Trump tells Europe to put economic pressure on China over Ukraine

US President Donald Trump urged European countries on Thursday to put economic pressure on China because of its support for Russia’s invasion of Ukraine, the White House said. Speaking by video conference with European leaders gathered in Paris, Trump also said “Europe must stop purchasing Russian oil that is funding the war”, a senior White House official said on condition of anonymity. Ukraine’s President Volodymyr Zelensky, who also took part in the meeting, said earlier that Trump was “very...

Politics

21 h. ago Mexico considering imposing tariffs on China, President Sheinbaum says

Mexican President Claudia Sheinbaum said on Thursday that her government is considering imposing tariffs on imports from countries that do not have trade agreements with Mexico, including China. The tariffs would be part of “Plan Mexico”, an initiative to boost domestic industry amid tariffs imposed by US President Donald Trump on some imports from Mexico. “We are considering tariffs as part of Plan Mexico, which we’ve proposed since we came into office,” said Sheinbaum. China is among countries...

Politics

22 h. ago Trump pushes Europe to stop buying Russian oil and up pressure on China in effort to end Ukraine war

Trump pushes Europe to stop buying Russian oil and up pressure on China in effort to end Ukraine war  CNN

Events

24 h. ago Floating oil facility arrives in Venezuela for China Concord's project, sources say

Floating oil facility arrives in Venezuela for China Concord's project, sources say  ca.finance.yahoo.com

Politics

25 h. ago Rubio pledges aid for Ecuador, to ‘wage war’ on gangs in drug fight

US Secretary of State Marco Rubio on Thursday promised security aid to Ecuador and announced terrorist designations as he vowed to ramp up a regional fight against criminals following a US strike on a boat allegedly linked to Venezuela. Ecuador’s President Daniel Noboa, an emerging ally of US President Donald Trump, has deployed troops to combat violence that has transformed the country from one of Latin America’s safest to one of its most dangerous. Rubio, meeting with Noboa in the...

Events

28 h. ago Chinese provinces prep for business trips to US amid shaky tariff truce

More Chinese entrepreneurs and local government representatives could soon be packing for New York and California, aiming to take advantage of a recent stabilisation in US-China relations to hop across the Pacific and scout out potential trade and investment opportunities. Visits by delegations from China in the coming months will seek to leverage the pro-business amity and autonomy of local authorities in the US to advance economic ties, as Beijing encourages subnational exchanges. China’s...

Economics

35 h. ago Rosneft secures additional supply of 2.5 million tons of oil to China via Kazakhstan, Ifx reports

Rosneft secures additional supply of 2.5 million tons of oil to China via Kazakhstan, Ifx reports  Reuters

Politics

38 h. ago Trump’s sons’ American Bitcoin stake worth US$1.5 billion in stock debut

A bitcoin company tied to US President Donald Trump’s two oldest sons more than doubled in value in its stock market debut on Wednesday, valuing the sons’ stake at well over US$1.5 billion as the first family grows their crypto business interests. Shares in American Bitcoin, a bitcoin miner, soared as high as US$14.52 on its first day of trade on the Nasdaq, before pulling back to be up 16.5 per cent at US$8.04 by the end of the day. The company was around 20 per cent owned by Eric Trump and...

Politics