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1. China’s firms have a glaring weakness as they face a barrage of EU probes

   With their 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. Not long ago, plans were in motion to build an enormous...

2. Can PLA training catch up with China’s rapid weapon development?

   China’s military mouthpiece has issued a rare warning that personnel may be insufficiently trained to operate new weapons, including unmanned systems, despite Beijing’s rapid advances in hardware. Some military units showed a low level of integration between personnel and equipment, Monday’s PLA Daily article cautioned, highlighting limited trust in systems and weak coordination between human...

3. Ancient China laws punished men for crying; people with messy handwriting forced to drink ink

   Ancient China’s legal system was never only about crime and punishment. It was also a mechanism of imperial control, used to protect the throne, discipline officials and regulate social order. Across millennia, it gave rise to sophisticated codes such as the Tang Code, as well as rules that now appear bizarre or even absurd. Rules for public roads began to take shape more than 2,000 years...

4. Hong Kong finance chief woos French wealth managers as European tour kicks off

   Hong Kong’s finance chief has begun a five-day European tour, starting in France, as part of the city’s latest push to attract global capital and reinforce its status as an international financial hub. Financial Secretary Paul Chan Mo-po arrived in Paris on Monday, where he met representatives of the Association Francaise de la Gestion Financiere (AFG) and Paris-based think tank Asia Centre,...

5. Texans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects

   Residents from US Gulf coast communities in Texas who say Japanese-backed fossil fuel projects tied to tariff negotiations with US President Donald Trump threaten their health and safety have taken their fight to Tokyo. Members of community groups from Texas’ Freeport area met officials from the Japan Bank for International Cooperation (JBIC), government-run Nippon Export and Investment...

6. Minnesota officials charge ICE agent in shooting of Venezuelan immigrant

   Prosecutors in ⁠Minnesota on Monday charged a ⁠US Immigration and Customs Enforcement agent with assault in connection with the shooting of a Venezuelan immigrant in Minneapolis in January during US President Donald Trump’s immigration crackdown ‌in the city. Christian Castro, 53, was charged with four felony counts of second-degree assault with a dangerous weapon and a misdemeanour of falsely...

7. Thousands ordered to evacuate as Southern California wildfire threatens homes

   Thousands of people were ordered to evacuate on Monday as a wind-driven wildfire threatened suburban homes in Southern California. The Sandy Fire was reported at around 10am in the hills above Simi Valley, about 48km (30 miles) northwest of Los Angeles. By mid-afternoon it had consumed more than 200 hectares (500 acres) of dry brush and damaged at least one home, according to the Ventura County...

8. China joins global sell-off of US Treasuries in March as Iran war prompts panic

   Mainland Chinese investors shed its holdings of US Treasury bills in March, echoing the move of many overseas institutions and central banks amid uncertainties over the US-Israel war on Iran. Such reductions in Treasury holdings reflected mounting doubts in global markets, analysts said, as the escalating war in Iran fuelled concerns over inflation, energy prices and fiscal pressures, driving...

9. Hong Kong property upswing poised to hold despite interest rates risk: Moody’s

   Hong Kong’s residential property market recovery is unlikely to be derailed by a potential increase in interest rates amid the Middle East conflict, as demand is supported by professionals relocating to the city and surging rents, according to Moody’s Ratings. At the same time, the moribund office and retail property sectors were showing signs of improvement on the back of leasing activity...

10. US to screen for Ebola at airports, one American in DR Congo infected

    The United States said on Monday it is bolstering precautions to prevent the spread of Ebola, including screening air travellers from outbreak-hit areas and temporarily suspending visa services. The measures shared by the US Centres for Disease Control and Prevention (CDC) come as the World Health Organization has declared the deadly Ebola outbreak in Democratic Republic of Congo an...