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1. Leaders Xi, Putin meet over tea; rare earth find in northeast China: SCMP’s 7 highlights

   We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Substance for Putin, ‘face’ for Trump as China, Russia deepen strategic alliance Days after US President Donald Trump’s visit framed...

2. Vietnam sells disgraced tycoon’s Hermes bags to recoup US$27 billion in damages

   Vietnam auctioned off two Hermes handbags owned by real estate tycoon Truong My Lan, convicted in the nation’s largest fraud case, for 14.21 billion dong (US$539,000) as efforts to claw back billions of dollars in ill-gotten wealth accelerate. The government is auditing assets owned by Lan and her affiliates to recoup billions in losses after courts ordered her to repay US$27 billion in...

3. China’s Tsinghua University honours German Gref, Russian banker sanctioned by US

   A leading Chinese university has given a Russian banker sanctioned by the United States a prestigious honorary academic title, soon after they signed a partnership agreement on innovative development. German (also known as Herman) Gref, CEO and chairman of Russia’s Sberbank, has been given the title of “distinguished visiting professor” by Tsinghua University, according to Russian state news...

4. China’s vast new canal link to Southeast Asia set to open earlier than expected

   China’s landmark Pinglu Canal has entered its final phase of construction and is set to begin trial operations as early as September, with a first shipping route linking the country’s heartlands to the free-trade port of Hainan, according to Chinese state media reports. The Pinglu Canal – China’s most ambitious waterway project in centuries – will stretch 134km (83 miles) from Nanning, capital...

5. Chinese gang caught using AI in Malaysia bungalow for Spanish job scam

   A scam syndicate has been renting a bungalow in an upmarket area in Malaysia’s Johor state and using AI to carry out job scams all the way in Spain. Police uncovered their activities when they arrested a total of 35 Chinese nationals during a raid at the bungalow in Gelang Patah at 11.50pm on May 14. Iskandar Puteri OCPD Assistant Commissioner M. Kumarasan said the suspects, aged between 21 and...

6. China-US stability may not last, ex-Asia adviser to Obama says

   Dr Evan Medeiros is the Penner family chair in Asia studies and the Cling family distinguished fellow in US-China studies at Georgetown University. He has served as the National Security Council’s director for China, Taiwan and Mongolia, and later as special assistant to the president and senior director for Asia. Medeiros was former president Barack Obama’s top adviser on the Asia-Pacific and...

7. 1 dead, 4 injured as Hong Kong subdivided flat fire forces 300 to be evacuated

   A Hong Kong resident has died and four others were injured after a fire broke out late on Thursday in an old building under renovation in Jordan, prompting the evacuation of about 300 people. Police received a report at 10.49pm of a fire in a subdivided flat in the 62-year-old Man Yuen Building on Man Wai Street. The Fire Services Department deployed 20 fire engines, 10 ambulances and 106...

8. China-Russia: energy ties

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9. Boeing went to China to sell planes. Beijing is buying something else

   When Air Force One touched down in Beijing, one of the most photographed passengers was Boeing’s chief executive, Kelly Ortberg, there to close a deal. Washington had come to sell aircraft. Beijing was buying something else. The last time this scene played out in 2017, China signed an agreement for 300 Boeing aircraft. Since then, it has pursued an industrial programme aimed at reducing...

10. ‘We really do not trust each other’: former US envoy foresees wary new phase in China ties

    Former US ambassador to China Max Baucus has described the latest US-China summit as ushering in a new phase of wary “constructive stability”, with both sides focused more on preventing crises rather than building trust or meaningfully resetting their relationship. In an interview on Wednesday, Baucus said last week’s Beijing summit between President Xi Jinping and his US counterpart Donald...