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Ties between Beijing and Brussels on the brink ahead of make-or-break October

The mood in Brussels is hardening and Europe’s actions in coming weeks could set the course of EU-China relations for years to come.

Illustration: Huy Truong

China Economy

China’s R&D spending tops OECD average for first time. What comes next?

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Beijing has stepped up R&D spending in recent years as it seeks to support innovation across strategic industries. Photo: Shutterstock

Tech Trends

DeepSeek opens tools to help Huawei chips supplant Nvidia in AI

Huawei’s CloudMatrix 384 system with Ascend 910 AI processors is displayed at the World Internet Conference in Tongxiang, in eastern China’s Zhejiang province, on November 8, 2025. Photo: Reuters

Hong Kong Economy

Hong Kong to expand IP financing sandbox after 7 firms secure cheaper loans

Scheme helps businesses secure larger loans at lower interest rates, as banks take companies’ IP valuations into account, HKMA says.

The International Finance Centrel. The government has pledged to expand its intellectual property (IP) financing sandbox scheme. Photo: Karma Lo
Carmes Chu, HKMA executive director of banking supervision, says the scheme is expected to support key industries in the Northern Metropolis. Photo: Karma Lo
The Hong Kong Monetary Authority (HKMA) office. Photo: Jelly Tse

China Economy

Beijing criticises push for European Section 301-style tool to counter China

Ministry of Commerce says such a move would ‘seriously damage mutual trust’, affect broader economic and trade cooperation.

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The Ministry of Commerce headquarters in Beijing. Photo: AP

Education

Hong Kong urged to boost private housing supply as student demand jumps 45%

‘When universities cannot provide sufficient accommodation, demand will shift to the private market – the government must devise a careful plan,’ lawmaker says.

The University of Hong Kong in Pok Fu Lam. The government forecasts annual demand for non-local student housing at 2,310 flats over the next decade. Photo: Silvia Siu
Under the current Long-Term Housing Strategy, the overall public-to-private housing supply ratio stands at 7:3. Photo: Dickson Lee

Banking & Finance

Mainland China’s PCB giant clears final hurdle for Hong Kong listing: sources

Shenzhen-listed Dongshan Precision’s share sale could rank among the city’s largest IPOs in the fourth quarter, sources say.

Dongshan Precision makes PCBs, optical transceivers, precision components, touch panels and liquid crystal modules. Photo: Handout

Lifestyle

What drives 4 Shaw Prize laureates in pursuit of scientific discovery

In partnership with:The Shaw Prize
Four of this year’s Shaw Prize laureates: (from left) Ken’ichi Nomoto, Stanford Woosley, Camillo De Lellis and Emmanuel Candes.

China EVs

Tesla audits Chinese suppliers, China outlines 2030 battery goal: 7 EV reads

From VW and Gotion deepening ties to CATL’s trial production in Hungary, here are seven EV stories you may have missed.

This photo taken on March 12, 2021 shows a worker handling lithium ion car batteries at a factory in Nanjing, China’s eastern Jiangsu province. Photo: AFP

China Business

Can mainland Chinese, Hong Kong stocks rebound after a bruising third quarter?

Weak stimulus, Fed tightening and shifting AI sentiment may keep mainland and Hong Kong equities under pressure, analysts say.

People walk past a bull statue in Shanghai, China. Photo: EPA

East Asia

US users urge Koreans to unmask Cornell sexual assault suspect Winston Lee

The online hunt for information about Lee’s education and military service intensifies across borders.

Students walk through Cornell University in Ithaca, New York, on Tuesday. Photo: Reuters

Other Sport

China diving star Chen, 21, becomes oldest winner at Asian Games for 52 years

The 10m platform victory sparks comparisons online with compatriot Quan Hongchan, who is two years younger and missed event through injury.

The victory marked Chen Yuxi’s first individual Asian Games gold medal, finishing ahead of teammate Lu Wei. Photo: Xinhua

Military

China takes strategic military step overseas with new Laos air force centre

Beijing says jointly operated facilities at Ban Keun Airport will support pilot training and deepen cooperation between the two militaries.

Chinese and Laotian military personnel attend the opening of a joint humanitarian medical exercise in Vientiane earlier this month. Photo: Xinhua

Banking & Finance

HSBC dubs its stablecoin for 3.3 million PayMe users RedCoin

A survey by the lender shows that 74 per cent of customers know at least one use case, but there are also misunderstandings.

At launch before the end of the year, the stablecoin will be offered only through PayMe and HSBC’s Hong Kong mobile banking app, according to the lender. Photo: Handout

China Business

Former CSRC chairman Yi Huiman charged for ‘especially large’ bribes

Prosecution comes as Beijing intensifies an anti-corruption campaign in the financial sector.

Yi Huiman, then chairman of the China Securities Regulatory Commission, speaks at a press conference in Beijing on February 27, 2019. Photo: Simon Song

United States & Canada

There’s been buzz around Carney for a prize long coveted by Trump

Canadian prime minister’s rising global profile fuels speculation for two annual awards.

Canadian Prime Minister Mark Carney addressing the European Parliament in Strasbourg, France in September, 2026. Photo: Reuters

China Economy

China bans online financial promos by private brokers to stop loan misuse

The new regulations start today and will only allow financial institutions and third-party internet platforms to carry out online marketing.

The headquarters building of the People’s Bank of China in Beijing which is responsible for carrying out monetary policy and regulation of financial institutions in mainland China. Photo: SOPA Images/LightRocket via Getty Images

Diplomacy

US-China trade truce remains ‘fragile’ after Xi-Trump summit, analysts say

Asia Society experts say modest economic gains leave deeper disputes unresolved, as Washington tests Beijing with a short extension.

People stroll along the Bund in Shanghai. The US and China plan to reduce tariffs on around US$30 billion worth of imports from each other after last week’s summit between Donald Trump and Xi Jinping. Photo: EPA

United States & Canada

Pentagon picks Boeing to build new carrier fighter jet to replace F/A-18

Next-generation aircraft will replace Super Hornets and fly alongside F-35s starting in 2030s.

An F/A-18 Super Hornet on the flight deck of the USS George Washington. Photo: US Navy via AFP
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Politics

Slow is beautiful: China’s war against AI drama goes beyond algorithms

Rapid expansion in production has intensified concerns over copyright and the mounting pressure on human creators.

A screenshot from The Laid-off Girl, one of more than 275,000 AI microdramas released online this year. Photo: Douyin
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Opinion
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Saudi Arabia’s mBridge exit shows the limits of financial de-dollarisation

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Raising Hong Kong’s birth rate is an economic imperative

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Why Lebanon is crucial to Iran’s negotiations with the US

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America’s foreign policy of coercion must end

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Both China and Asean must capitalise on Pinglu Canal’s potential

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What trap? US-China relations show conflict is far from inevitable

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Harry’s View | 30 Sep 2026
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Asia Opinion

Opinion | Saudi Arabia’s mBridge exit shows the limits of financial de-dollarisation

China

Video | Audience member covers for Cantopop star delayed to his own concert

Food & Drink

A wine writer’s Hong Kong restaurant picks for seafood, dim sum and more

Banking & Finance

Hong Kong’s first 9 months of IPOs break record, but Nasdaq leads capital race

Diplomacy

Ties between Beijing and Brussels on the brink ahead of make-or-break October

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