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News - South China Morning Post
  1. US Trade Representative Jamieson Greer is set to speak with a top Indonesian official this week in hopes of salvaging a trade framework at risk of collapsing, the Financial Times reported on Tuesday. Greer will speak to Airlangga Hartarto, the Indonesian coordinating minister for economic affairs, in an effort to revive a deal struck in July that would see US tariffs on Indonesian goods reduced...
  2. Deep Robotics – one of the “Six Little Dragons” from Hangzhou, the capital of eastern Zhejiang province – on Tuesday said it had raised 500 million yuan (US$70 million) in fresh funding from a group of Chinese investors. According to the company’s statement, its latest round of financing was led by CMB International, China Asset Management and funds under state-owned telecommunications network...
  3. Japan is likely to become the “most serious and direct” threat to both China and Russia in the Asia-Pacific, a former Chinese diplomat and foreign ministry official has warned. Wu Hailong, assistant minister of foreign affairs from 2009 to 2011, now heads the semi-official China Public Diplomacy Association. Russia should factor in the challenge from Japan, he told a forum in Beijing last...
  4. Employees at a neighbourhood committee in China have resorted to printing out images of their colleagues’ faces and using them as masks to circumvent facial recognition clocking-in systems, shocking the online community. According to Wenzhou City Daily, a resident surnamed Li reported several members of staff at the committee in Wenzhou City, in eastern China’s Zhejiang province, for using these...
  5. Hong Kong authorities and professional bodies have stepped up investigations into the city’s deadliest fire in decades and started taking disciplinary action against any parties found to have breached regulations, the Post has learned. The probes follow last month’s blaze at Tai Po’s Wang Fuk Court housing estate, which killed at least 160 people, including a firefighter, and left nearly 5,000...
  6. Guangdong, China’s largest provincial economy, has vowed to double its economy by 2035 from 2022 levels, in line with the central government’s target of becoming a medium-level developed country by that year. “Looking ahead, from the 20th National Congress of the Communist Party (in 2022) to 2035, Guangdong aims to achieve socialist modernisation and build a modern, new Guangdong within 13...
  7. South Korea’s decision to return its presidential office to the Blue House, undoing Yoon Suk-yeol’s costly relocation, has reopened old questions over the superstitions said to have driven the impeached ex-president’s decision. The move is widely viewed as rolling back a legacy tarnished by the former leader’s failed attempt to impose martial law last year. Yoon had insisted on moving his office...
  8. China and Hong Kong stocks could deliver nearly 20 per cent gains in 2026, supported by resilient global growth, improving earnings and easing competition among e-commerce giants, according to JPMorgan. The bank expected the MSCI China Index to rebound further as valuations normalised and Beijing’s push to curb excess capacity boosted profitability across key sectors, said Wendy Liu, chief China...
  9. Lawmakers from both parties are warning that Chinese criminal groups have helped build what officials call a “Silk Road of crime”, a global network that launders Latin American cartel profits and supplies the chemicals used to make fentanyl bound for the United States. At a Senate hearing on Tuesday, members of the Caucus on International Narcotics Control said Chinese money brokers and Latin...
  10. Britain announced sanctions against Russian media and ideas outlets on Tuesday as the UKs top diplomat warned Western nations must raise their game to combat information warfare from “malign foreign states”. Foreign Secretary Yvette Cooper said the UK was imposing sanctions on the microblogging Telegram channel Rybar and its co-owner Mikhail Sergeevich Zvinchuk, as well as the Centre for...