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BUSINESSOct 13Why Haidilao’s US$14.9 million credit line to founder is fuelling China tax speculationHaidilao International Holding has agreed to provide its founder, Zhang Yong, with a one-month loan of up to the Hong Kong dollar equivalent of 100 million yuan (US$14.9 million), a move that has raised market speculation as investors closely watch Beijing’s October 22 deadline for offshore trust taxation. The Hong Kong-listed hotpot chain said in a stock exchange filing on Monday night that it would fund the loan from internal resources and charge interest at 0.6 percentage points above the...South China Morning Post
SCI & TECHOct 13China-US astronomy team may have found possible relic of a recent ‘gold factory’A mysterious glow of high-energy light in our Milky Way galaxy could be the remains of an extremely rare cosmic “gold factory”, according to a new study by Chinese and US researchers. The collision of two orbiting neutron stars – dead stars so dense that a teaspoon of their matter would weigh a billion tonnes – may have shone as brightly as Jupiter in the sky, they wrote in a paper posted last week on the preprint server arXiv, which has yet to be peer-reviewed. The violent smash spewed out...South China Morning Post
POLITICSOct 13Navigating China-US power play at Shenzhen ApecThe article discusses the navigation of geopolitical power dynamics between China and the US at the APEC meeting in Shenzhen. This highlights ongoing international relations and economic competition.South China Morning Post
WORLDOct 13Global Times: China's urban development offers lessons and scope for co-op with developing countriesGlobal Times interview on China's people-centered urban development, urban renewal, and green transition, and lessons for developing countries.globenewswire_fr · france
BUSINESSOct 13Apec a chance for Hong Kong to earn its place in China’s tourism boomOver the coming weeks, Hong Kong and Shenzhen will host two major gatherings of Asia-Pacific decision-makers. Hong Kong’s first Apec Finance Ministers’ Meeting takes place on October 20-21, with around 500 visitors expected, while Shenzhen hosts the Apec Economic Leaders’ Week next month. These Asia-Pacific Economic Cooperation forum meetings will bring international visitors to two neighbouring cities at the centre of China’s Apec year. For Hong Kong’s tourism industry, they offer a timely...South China Morning Post
SCI & TECHOct 13China Mobile triples capacity at mega Inner Mongolia computing hub amid nation’s AI pushChina Mobile, one of the country’s state-backed telecoms giants, has tripled the capacity of its largest intelligent computing hub in northern Inner Mongolia, amid Beijing’s push to boost digital infrastructure to power the country’s artificial intelligence ambitions. The expansion of its data centre in Hohhot was recently completed, with total processing capacity increased to 20,100 petaflops, according to a report by Inner Mongolia Daily on Monday. That was triple its previous capacity of...South China Morning Post
BUSINESSOct 13China keeps extending the Shenzhen Apec deadline. Why are US execs so unenthused?Some senior American executives are lukewarm about attending the Asia-Pacific Economic Cooperation summit and related business events in Shenzhen next month, according to people familiar with the matter. They cited limited scheduling details, few expected breakthroughs and a lack of opportunity for meaningful engagement. Beijing has invited multiple US business leaders – particularly those who joined President Donald Trump’s May trip to China and later attended the White House state dinner for...South China Morning Post
SCI & TECHOct 13China faces uphill battle to wean tech firms off Nvidia chipsThe country’s tech giants are snapping up products never designed to power advanced AI to satisfy soaring computing demandsFinancial Times
BUSINESSOct 12China finance minister to deliver opening speech at Apec meeting in Hong KongChina’s finance minister, Lan Foan, will deliver a keynote speech, while presentations by three prominent financial institutions will be among the highlights of next week’s Apec meeting in Hong Kong, the South China Morning Post has learned. A draft agenda obtained by the SCMP on Monday listed a series of programmes for finance ministers from the Asia-Pacific Economic Cooperation’s 21 member economies on October 20 and 21 at the Hong Kong Convention and Exhibition Centre in Wan Chai. Sources...South China Morning Post
SCI & TECHOct 12From laser shields to iPhone detectors: inside China’s booming secrecy industryA group of Chinese officials are in the middle of a highly sensitive meeting involving critical decisions yet to be made behind closed doors, with documents stamped “classified” spread across the table. Suddenly, an invisible laser beams into the room, sweeping across a glass window and allowing the contents of the meeting to be transmitted elsewhere. China’s Ministry of State Security laid out this seemingly futuristic scenario six months ago, warning government departments and other entities...South China Morning Post
BUSINESSOct 12Paris Motor Show kicks off as China-EU rivalry heats upThe biennial Paris Motor Show kicks off with a record number of Chinese brands descending on the French capital. European carmakers are fighting back, showcasing their latest models, as the EU announced a deal with China to limit the imports of hybrids. France 24's Charles Pellegrin has been speaking with CEOs of both Chinese and European carmakers.France 24 [en]
POLITICSOct 12Wolf Warriors in Sheep’s Clothing: China’s New Subnational Diplomacy in AustraliaBeijing’s diplomatic officials are adopting the language of the Albanese government to press their demands upon local governments and communities.The Diplomat
BUSINESSOct 12Luxury letdown: LVMH misses organic sales expectations due to China weaknessLVMH has fallen short of its organic sales expectations, primarily attributed to weakness in the China market. This indicates challenges for the luxury goods sector and broader economic conditions in China.Seeking Alpha Tech
BUSINESSOct 12EU-China trade deal raises fears Brussels will go soft on BeijingThe EU's new trade deal with China has eased fears of an escalating trade war, but it could also weaken the political momentum behind Brussels' plans to take a tougher stance against Beijing's economic practices.EuroNews [en]
POLITICSOct 12Terrible idea: The hidden danger behind China’s student exchange pushIt should go without saying that drastically increasing the number of American students participating in Chinese exchange programs poses a threat to our national security and military industrial base.The Hill
BUSINESSOct 12What the US and China Should Discuss at APECBoth sides are feeding an AI investment bubble – and Shenzhen is the place to talk about it.The Diplomat
MILITARYOct 12Airport training site in Laos extends China’s clout in Southeast AsiaChina’s design to use a Laotian airport for joint military training has put much of Southeast Asia on guard about how far the PLA will extend its reach.Defense News
MILITARYOct 12Airport training site in Laos extends China’s clout in Southeast AsiaChina’s design to use a Laotian airport for joint military training has put much of Southeast Asia on guard about how far the PLA will extend its reach.Military Times
POLITICSOct 12Why China is likely to be cautious about recent Trump-Putin diesel dealChina is likely to view the latest US dealings with Russia as “transactional”, according to observers, who said Beijing was likely to wait and see what the longer-term impact would be given the possibility that Donald Trump might abruptly change course again. The US president announced that under a deal with Vladimir Putin, Russia would “immediately” supply more than 300,000 tonnes of diesel to the US and global markets. He wrote on social media that another 500,000 tonnes would follow in...South China Morning Post
BUSINESSOct 12Copper climbs on China stimulus hopes, Chile mine supply risksCopper prices are rising due to anticipated stimulus measures from China and potential supply risks from mines in Chile. This indicates market sensitivity to global economic factors and supply chain stability.Seeking Alpha Tech
BUSINESSOct 12The China-EU Trade Truce Buys TimeFor the EU, the choice is increasingly difficult: secure real concessions from Beijing to address structural trade imbalances or deploy stronger unilateral measures to protect its industrial base.thediplomat · japan
BUSINESSOct 12The China-EU Trade Truce Buys TimeFor the EU, the choice is increasingly difficult: secure real concessions from Beijing to address structural trade imbalances or deploy stronger unilateral measures to protect its industrial base.The Diplomat
POLITICSOct 12China’s top diplomat to visit Azerbaijan, Croatia, Montenegro and Bulgaria to boost tiesChinese Foreign Minister Wang Yi will visit Azerbaijan and three Balkan countries amid Beijing’s push to shore up its trade corridors and geopolitical influence in the regions. Wang will attend the seventh summit of the Conference on Interaction and Confidence-Building Measures in Asia (CICA) in Baku, Azerbaijan, on Thursday “as special representative of President Xi Jinping”, according to China’s foreign ministry. Aside from Azerbaijan, Beijing’s top diplomat will visit Croatia, Montenegro and...South China Morning Post
BUSINESSOct 12China, EU take a breath after surprise deal brings temporary halt to trade tussleWeeks of high-wire negotiations between China and the EU culminated in a surprise trade deal that will, among other measures, impose strict quotas on Chinese hybrid car exports to the bloc and slash Chinese tariffs on a variety of European goods. The deal, unveiled on Friday, takes some of the heat out of searing bilateral trade tensions and temporarily averts the prospect of a bruising trade war – a cooldown augmented by Beijing’s subsequent reduction of value-added tax (VAT) export rebates on...South China Morning Post
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