Hong Kong’s finance chief has confirmed an early operating account surplus driven by strong financial market performance and stock trading stamp duty revenue, as he addressed calls for more elderly welfare measures at the first public forum for the coming budget. Financial Secretary Paul Chan Mo-po vowed on Saturday to make “utmost” efforts to address…
Seoul, South Korea – Chinese President Xi Jinping and his South Korean counterpart, Lee Jae Myung, held their second summit in two months on Monday in a bid to steer the complex ties between their nations amid rising tensions in their neighbourhood. Lee had hosted Xi for talks on the sidelines of the 2025 Asia-Pacific…
In some of the darkest days in the political relationship between Australia and China, trade became a tool to inflict pain. The early 2020s trade war saw China slap higher tariffs on Australian wine and barley, impose biosecurity measures against beef and timber, and ban lobsters and even some coal. It took four long years…
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. PLA division overseeing Taiwan sees newcomers in charge The Chinese military’s Eastern Theatre Command, the division that oversees Taiwan and that has been hit hard in Beijing’s anti-graft campaign,…
Last week, as officials weighed the decision, Huang told reporters in Washington that he had no clue if China would accept H200 chips. (Graeme Sloan/Bloomberg) December 12, 2025 4:49 PM, EST Key Takeaways: China is rejecting Nvidia’s H200 AI chip in favor of domestic semiconductors, White House AI czar David Sacks said, questioning a Trump administration strategy…
Trump and Huang in April. (Andrew Harnik/Getty Images) December 9, 2025 10:15 AM, EST Key Takeaways: President Donald Trump approved Nvidia’s export of its H200 chip to China on Dec. 9, easing prior U.S. national security curbs. The move marks a major shift in tech policy that could advance China’s AI capabilities and reshape broader…
China’s trade surplus – the difference between the value of goods it imports and exports – has hit $1 trillion for the first time, a significant yardstick in the country’s role as “factory of the world”, making everything from socks and curtains to electric cars. For the first 11 months of this year, China’s exports…
Chinese President Xi Jinping and the US President Donald Trump had a phone conversation on Taiwan and Ukraine issues on Monday, according to the official Chinese news agency Xinhua. The phone call came after a series of fast-changing geopolitics in recent weeks. China has seen an escalating row with Japan over Prime Minister Sanae Takaichi’s…
China on Friday took its feud with Tokyo over Japanese Prime Minister Sanae Taikachi’s recent comments on Taiwan to the United Nations, as tensions between the East Asian neighbours deepened and ties plunged to their lowest since 2023. “If Japan dares to attempt an armed intervention in the cross-Strait situation, it would be an act…
United States job growth accelerated in September despite a cooling job market as the unemployment rate rose. Nonfarm payrolls grew by 119,000 jobs after a downwardly revised 4,000 drop in August, according to the Bureau of Labor Statistics (BLS) report released on Thursday. Recommended Stories list of 4 itemsend of list The unemployment rate rose…