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SCMP Highlights

China-EU friction in spotlight, excessive dining austerity measures: SCMP daily highlights

From a new mainland China-Hong Kong payment scheme to Beijing’s influence in Central Asia, here’s a round-up from today’s coverage

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Chinese officials and state media deny comments by the EU that Beijing is weaponising its manufacturing power to disrupt global trade. Photo: Reuters
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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. Mainland China, Hong Kong launching Payment Connect scheme to aid capital flows

China’s central bank is launching a new connect programme with Hong Kong to facilitate cross-border payments – Beijing’s latest move to open up its financial sector and also leverage the southern financial centre to better connect with the rest of the world.

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