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The latest news, analysis and opinion on China. In-depth analysis, industry insights and expert opinion.
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China’s Sinochem owns a 37 per cent stake in Pirelli through its Italian branch Marco Polo International. Photo: Reuters
Italy

Pirelli sidelines China’s Sinochem over control of the Italian tyremaker

The governance status of the Chinese conglomerate has been downgraded following a request from Italian regulators.

E-commerce

Temu adds tariff charges for US shoppers, as Shein also raises prices

Hong Kong stock market

Hong Kong stocks rise as investors await earnings from banking heavyweights

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Artificial intelligence

Alibaba unveils Qwen3 AI models that it says outperform DeepSeek R1

The release comes just days after Baidu introduced two advanced models amid speculation about the imminent release of DeepSeek’s R2.

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Alibaba has released the third generation of its Qwen AI model series. Photo: Reuters
Artificial intelligence

Geely-owned DreamSmart to push mobile payments via AI smart glasses

DreamSmart is working with Ant International to enable mobile payments for users of its StarV Air2 eyewear.

Brics

Brics foreign ministers tout multilateralism amid US trade policies

Bloc anchored by China, Russia, India and Brazil expected at summit to criticise ‘unilateral measures’ in response to Donald Trump’s tariffs.

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Electric & new energy vehicles

My Take | China’s ambitions in electric vehicles go beyond making lots of cars

To become a powerful car nation, China must lead in smart automotive technologies, China’s former industry minister argues.

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An actor in a fantasy costume poses in front of a BYD model L car during the Shanghai Auto Show. Photo: EPA-EFE
Science

China defies ASML prediction with EUV breakthrough in advanced chip production

Research team achieves world-class results in photolithography research with solid-state laser-driven approach, paper shows.

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China-Middle East relations

Syria’s foreign minister wants to ‘strengthen relations’ with China

At UN meeting, Asaad al-Shaibani said Syria willing to build ‘strategic partnership’ with China, a key backer of ousted ruler Assad.

China economy

Editorial | Strategy of China’s Politburo sends right message to US in trade war

By rejecting bullying without closing door to negotiations, Beijing remains resolute on growth target and determination to protect economy.

President Xi Jinping (seen on Monday talking to business leaders) chaired a meeting of China’s Politburo, the inner power core of the Communist Party, to discuss the state of the economy. Photo: Johannes Neudecker/dpa
United States

US Treasury chief not worried about shops running out of items ‘at present’

‘I think we’ll see replacements,’ Scott Bessent said referring to Trump trade tariffs, particularly a 145 per cent levy on goods from China.

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US Treasury Secretary Scott Bessent outside the White House in Washington on Monday. Photo: EPA-EFE
US-China relations

Trump’s immigration crackdown chills speech of foreign students, scholars in US

Critics say ‘America is shooting itself in the foot’ as many of the country’s brightest minds rethink their long-term investment.

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Hong Kong society

Pope Francis cared deeply for ‘church in China’, Hong Kong mourners hear

About 1,000 people flocked to Hong Kong’s main Catholic cathedral for late pope’s requiem mass, including former leaders and current officials.

US-China trade war

China’s food, energy supplies secure without US imports, official says

Beijing says it has self-sufficiency in staple crops and energy, and enough alternative import sources to offset even a total loss of US goods.

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The US has long been one of China’s top suppliers of soybeans, but China has been diversifying its supply base in recent years. Photo: Xinhua
Hong Kong economy

Hutchison ports deal: China’s foreign ministry tells parties to ‘act prudently’

Spokesman weighs in on reports that Panama Canal ports may be separated from controversial US$23 billion deal.

China’s market regulator has said it will launch an antitrust probe into CK Hutchison Holdings’ deal. Photo: Sam Tsang
Quantum computing

Chinese quantum computing firm tackles breast cancer screenings, drug design

Hefei-based Origin Quantum has demonstrated its computer’s ability to process medical imaging data ‘exponentially faster’ than classical machines.

Science

China’s high-power microwave gun fires 10,000 shots in test, proving vacuum tech

Successful trials of gun that emits beams capable of attacking drones, missiles and more signal breakthrough in directed-energy weaponry.

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DeepSeek

DeepSeek speculation swirls online over Chinese AI start-up’s R2 model

The latest speculation includes R2’s imminent launch and the new benchmarks that it set in terms of cost-efficiency and performance.

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DeepSeek’s R2 artificial intelligence model was said to have been trained on a server cluster of Huawei Technologies’ Ascend 910B chips, according to Chinese social-media posts. Photo: Shutterstock
Hong Kong Monetary Authority (HKMA)

HKMA to help banks assess firms for trade financing by using cargo data

HKMA launches CargoX, leveraging cargo data to enhance trade financing for SMEs amid global tariff concerns.

E-commerce

Labubu mania takes China’s Pop Mart to top of US App Store charts

Before the recent surge in interest in Chinese e-commerce platforms, Pop Mart’s business was already booming.

Hong Kong stock market

Goldman sees China funds scooping up US$110 billion of Hong Kong-listed stocks

Southbound inflows have reached US$78 billion this year, surpassing annual net purchases for most years, except in 2020 and 2024: Goldman.

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People walk past an electronic board showing some Hang Seng stock indices in Central, Hong Kong. Photo: dpa
China's population

More Chinese leave the knot untied as marriage registrations drop

Marriages saw a year-on-year fall of 8 per cent in China for the first quarter of 2025 – a worrying sign as demographic decline continues.

Marriage registrations in China continued to drop in 2025, a worrying sign as the country attempts to combat demographic decline. Photo: AFP
Hong Kong stock market

Unitree leads influx of mainland companies eyeing IPOs in Hong Kong

Surge in listing plans augurs well for city’s effort to claw way back to top of global ranking of fundraising destinations.

Hong Kong property

Hong Kong’s lived-in home prices approach 9-year low amid US-China tariff war

Home prices in the secondary market have lost 1.7 per cent this year, dragging an official index to the lowest level since July 2016.

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Wealth management

UK fund manager Schroders to invest more in Hong Kong, CEO says

‘When we think about where wealth is growing the fastest, it is in Asia,’ Richard Oldfield says.

Richard Oldfield, group chief executive of Schroders, pictured at the firm’s office in Admiralty on April 14, 2025. Photo: Sun Yeung
US-China trade war

Open Questions | Why Scott Kennedy thinks the US-China trade war is ‘far from the endgame’

The political scientist talks tariffs, a potential deal between Donald Trump and Xi Jinping, and why the US dollar has lost some of its lustre.

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Illustration: Victor Sanjinez
Electric & new energy vehicles

Exclusive | Spanish car-part supplier Gestamp eyes added China capacity as peers back off

‘We could be a very active player,’ executive chairman says at Shanghai Auto Show.

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China economy

Chinese tea hub Puer branches into coffee as tastes change

Officials have rolled out policies to improve production, attract investment, boost exports and encourage coffee tourism.

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