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BUSINESSJul 2China aims to ‘infiltrate’ US-Mexico-Canada trade deal, says American manufacturing groupChina is trying to “infiltrate” the US-Mexico-Canada trade agreement via Mexican automotive investments, a US manufacturing trade group said, as Washington indicated it would not renew the agreement that comes up for review this month. However, analysts cautioned that full decoupling from China’s automotive industry remains difficult, given North America’s continued dependence on Chinese-sourced motor vehicle components and Mexico’s legacy of export manufacturing plus quick access to the US...South China Morning Post
MILITARYJul 2Why it matters that China’s advanced fighters can use all its carriersChina’s older aircraft carriers can operate more closely with the more advanced Fujian than previously thought, observers said following PLA exercises showing upgraded fighter jets taking off from the older Liaoning carrier. Images taken during a 40-day mission in the South China Sea and Pacific Ocean that ended on June 22 showed multiple J-15T jets taking off from, and landing on, the Liaoning. China operates three aircraft carriers, which use two launch systems. The older Liaoning and Shandong...South China Morning Post
SCI & TECHJul 2China AI drug-design deals swell as US scrutiny mountsRiding a wave of booming cross-border dealmaking, China’s AI-driven drug-design firms are charging onto the global stage despite Washington’s growing scrutiny of Chinese biotech firms. The value of out-licensing deals struck by Chinese biotech companies with top global multinational pharmaceutical companies climbed to US$75 billion in the first five months of 2026, up from zero before 2020, according to Linda Shu, head of China healthcare research at HSBC. In total, over the five months, these...South China Morning Post
BUSINESSJul 2Make Hong Kong China’s ‘space finance capital’, legal group urges BeijingAn independent legal group has proposed that Beijing designate Hong Kong as the country’s “space finance capital”, positioning the city as a gateway for commercial development of the sector under the national five-year plan. The Asian Academy of International Law also proposed in policy papers issued on Thursday that Hong Kong should enact a space asset registration and finance ordinance to provide legal certainty for the financing of such assets. The group pointed to Hong Kong’s key strengths...South China Morning Post
BUSINESSJul 2Hong Kong assets hit record US$5.38 trillion on renewed China appetite: SFCAssets and wealth under management in Hong Kong surged to a record high last year as global investors returned to Chinese assets, underscoring the city’s edge over Switzerland as a wealth hub. Financial firms in Hong Kong managed HK$42.2 trillion (US$5.38 trillion) worth of assets last year, a 20 per cent increase from the previous peak of HK$35.5 trillion in 2024, according to a report released by the Securities and Futures Commission on Thursday. Driven by the asset-management and...South China Morning Post
DISASTERJul 2China says pilot crashed small plane into skyscraper for 'personal reasons'BBC World
DISASTERJul 2China food-security risks worsen as extreme weather becomes more commonSouth China Morning Post
POLITICSJul 2China can help Ukraine recover from war and advance industry, ambassador saysChina can provide “all-round” support for Ukraine’s post-war industrial recovery, Beijing’s envoy to Kyiv said while reaffirming his country’s commitment to pushing for a ceasefire and a political settlement for a conflict in its fifth year. The remarks were made by China’s ambassador to Ukraine, Ma Shengkun, in an article published by the Interfax-Ukraine news agency on Tuesday, marking the 15th anniversary of the start of the China-Ukraine strategic partnership. Ma said China’s history of...South China Morning Post
BUSINESSJul 2Franklin Covey sinks after cutting revenue outlook on delivery shifts and China uncertaintyFranklin Covey's stock declined after the company reduced its revenue outlook. This adjustment was attributed to shifts in delivery strategies and ongoing uncertainty related to China.Seeking Alpha Tech
BUSINESSJul 2Why the World Bank is winding down loans to China amid a ‘natural’ shiftBeijing has downplayed reports that the World Bank will phase out lending to China by 2031, with the Ministry of Finance noting that the nation’s advancing economy and changing development needs were shifting cooperation away from financing and towards knowledge sharing. “This is the natural result of changing domestic needs and the transformation of bilateral cooperation,” the ministry said in a statement on Wednesday, referring to the World Bank’s declining lending to China in recent...South China Morning Post
HEALTHJul 2China bans pet anaesthetic tiletamine after waves of young people vape drugChina has banned tiletamine, a common veterinary anaesthetic, after its recreational inhalation among young people escalated sharply. Since July 1, the compound has been classified as a controlled substance and is regulated as strictly as fentanyl. Tiletamine has a chemical structure similar to ketamine, commonly known as “K powder”, and it was mainly used for surgical anaesthesia in pets such as cats and dogs. However, the substance can be vaporised in so-called heady e-cigarettes to induce...South China Morning Post
POLITICSJul 2China’s new ethnic unity law extends its legal reach overseasRather than promote ethnic harmony, activists say the law could justify transnational repression.Al Jazeera [en]
BUSINESSJul 2New technologies power China’s Tesla challengers to monthly sales recordsChinese Tesla challengers Leapmotor and Zeekr, banking on their latest battery and self-driving technologies, bucked a downward trend in domestic electric vehicle sales with record deliveries last month, ratcheting up pressure on the US carmaker amid weak consumer sentiment towards big-ticket items. Stellantis-backed Leapmotor delivered 93,376 electric vehicles (EVs) last month, up 94.5 per cent year on year, as it rewrote its sales record for a second consecutive month. Zeekr, a premium EV unit...South China Morning Post
BUSINESSJul 2EU chip industry squeezed by China, U.S. dependenceThe EU's chip industry is reportedly experiencing pressure due to its reliance on China and the United States.Seeking Alpha Tech
POLITICSJul 2China’s Wang Yi to test whether transatlantic turmoil can soften Europe’s Nordic hawksChinese Foreign Minister Wang Yi kicks off a rare tour of Europe’s Nordic countries on Thursday, as Beijing tests whether it can use shifting geopolitical sands to find openings among some of the bloc’s most China-critical governments. The veteran diplomat will be in Denmark on Thursday and Friday for a series of meetings with Foreign Minister Lars Lokke Rasmussen and a personal audience with King Frederik. In Stockholm he will meet Swedish Prime Minister Ulf Kristersson and Foreign Minister...South China Morning Post
POLITICSJul 2New Solomon Islands PM breaks with China, cozies up to the WestThe Solomon Islands in the southwest Pacific recently emerged from weeks of parliamentary turmoil and a leadership shake-up resulting in a new government. The new prime minister, Matthew Wale, who had led the opposition since 2019, is delivering a foreign relations reset with Australia and New Zealand, both long-term regional partners and U.S. allies. He has less than two years to make a mark with his foreign policy and development vision before the next national election in 2028.“Fellow Solomon Islanders, change is coming,” Wale declared May 15 after assuming leadership of the island chain ofResponsible Statecraft
BUSINESSJul 2PDD embraces China’s ‘city of the future’ after bruising regulatory clash and record fineThe operator of budget online marketplaces Temu and Pinduoduo is ramping up its commitment in a state-backed development zone – dubbed a “city of the future” in official discourse – months after the e-commerce group was hit by the heaviest penalty in a record food-safety crackdown and accused by regulators of obstructing enforcement. PDD Holdings had more than 600 employees at its unit in the Xiongan New Area by the end of June, making it the development zone’s largest privately owned internet...South China Morning Post
POLITICSJul 2CPC at 105: Staying true to its founding mission, opening a new chapter in China-Nigeria friendship, By Yu DunhaiFor 105 years, the CPC has remained true to its founding mission. For 55 years, China and Nigeria have stood together through thick and thin as good friends and trusted partners. Since the establishment of diplomatic relations in 1971, our two countries have weathered changes in the international landscape by standing firmly with each other […] The post CPC at 105: Staying true to its founding mission, opening a new chapter in China-Nigeria friendship, By Yu Dunhai appeared first on Premium Times Nigeria.Premium Times
BUSINESSJul 2‘China’s Instagram’ targets men to grow audience ahead of IPOSocial media platform Xiaohongshu accelerates plans for Hong Kong listingFinancial Times
POLITICSJul 2China’s ethnic unity law is not a tool of transnational repressionChina’s Law on Promoting Ethnic Unity and Progress, passed in March, takes effect this month. It stands alongside the 1984 Law on Regional Ethnic Autonomy as a foundational, comprehensive statute on ethnic affairs, placing the task of forging a strong sense of community squarely within the legal framework. Yet voices abroad have rushed to brand it an act of “transnational repression” and “long-arm jurisdiction”, training their fire on Article 63. Such claims borrow from the vocabulary of law but...South China Morning Post
WORLDJul 2Single China mum carries steel tubes to fund education, weeps, hugs daughter who aces gaokaoA Chinese single mother who quit school after Primary One carried steel tubes to support her daughter, who excelled in this year’s college entrance exams. When Zou Pinzhi and her daughter Liu Fang saw the freshly published results of her gaokao, or national college entrance exam, they embraced and wept with joy. The results indicate that Liu’s score was blocked – a sign that she is a top scorer in her province, Sichuan. Several provinces, as well as Beijing, which is a provincial-level city,...South China Morning Post
POLITICSJul 1Beijing’s message for Asean – China doesn’t want to become a regional hegemonIn comments directed at Asean, a top Communist Party official reiterated that Beijing did not want to become a regional hegemon, while vowing to strengthen its energy cooperation with the Southeast Asian bloc. “For a country like China, which has ‘harmonious coexistence’ embedded in its DNA, it is extremely difficult to undergo a ‘genetic mutation’ and become a militaristic hegemony that bullies the small and weak,” said Sun Haiyan, deputy head of the party’s International Department. Sun, who...South China Morning Post
POLITICSJul 1US won’t renew North American trade pact as Greer targets Canada’s China tiesThe United States confirmed on Wednesday it would not renew its North American trade pact, its trade chief blaming Canada’s pursuit of Chinese investment. US Trade Representative Jamieson Greer said the three governments met virtually and that Washington would not endorse the United States-Mexico-Canada Agreement (USMCA) in its current form. “The United States did not agree to renew the USMCA in its current form. As a result, the USMCA is not renewed,” Greer said in a statement. The refusal did...South China Morning Post
POLITICSJul 1Bangladesh Sends Signal With China VisitThe two countries announce a “new era” in ties during Prime Minister Tarique Rahman’s trip.Foreign Policy
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