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German Chancellor and leader of the Christian Democratic Union Friedrich Merz attends a news conference with other coalition leaders following a meeting in Berlin on Thursday. Photo: Reuters

German government pledges to defend trade, signalling tougher China stance

Country’s ruling coalition agrees on 34-point package to revive ailing German economy as Chinese imports surge.

China’s BYD challenges iconic auto giants as hybrid demand surges in Germany

China-EU relations
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Diplomacy

China sends warning to Japan and the Philippines over ‘wrongful’ maritime talks

Legal opinion is the latest protest from Beijing over planned delimitation negotiations that it claims violate international law.

Military

What a seating chart reveals about the future of China’s military leadership

Two generals appear near top PLA officers at a high-profile event, signalling their swift rise to fill gaps left by anti-graft campaign.

Education

Developing | Lawmaker William Wong resigns from Legco after drink-driving, hit-and-run arrest

William Wong was arrested after crashing into two parked vehicles on campus, with the incident only emerging on Wednesday.

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Focus
Illustration: Henry Wong

Why young Chinese are turning away from the American dream

Science

‘Totally unexpected’: China’s trial desert wheat yield doubles national average

Researchers attribute the performance of Jingmai 189 variety not only to genetics but also its interaction with desert environment.

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The results of the Jingmai 189 harvest are encouraging, according to an expert group assessing the crop. Photo: Institute of Hybrid Wheat Research
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Big Tech

AI computing stock panic over Meta rumour ‘erroneous’, analysts say

Fears of AI hardware glut not warranted, as ‘Meta’s data centre and compute procurement will accelerate, not slow down’, SemiAnalysis says.

Lifestyle & Culture

No free lunch: Indonesia’s Bali targets barter deals in immigration sweep

The new regulation has sparked confusion among content creators and local businesses who wonder where the legal line falls.

Business

How Changan Automobile’s design-driven brand strategy shapes its global expansion plans

Klaus Zyciora, vice-president of the Chinese carmaker, says its innovative, smart, low-carbon vehicles can entice customers around the world.

In partnership with:
Changan Automobile
Changan Automobile presented its latest range of innovative, low-carbon cars at last month’s Beijing Auto Show.

Tech Trends

Unitree IPO to test valuations as venture capital floods China robotics

The robot maker plans to raise 4.2 billion yuan by selling at least 40 million shares that implies a valuation of around 42 billion yuan.

A Unitree G1 humanoid robot is displayed during London Tech Week, June 8, 2026. Photo: Reuters

China

Chinese tech cuts desalination cost; light plane crash dilemma: 7 highlights

From UBTech’s lifelike humanoid robots to Filipinos choosing to holiday abroad, here are highlights from SCMP’s recent reporting.

Markets

Exclusive | Hong Kong to launch gold clearing and settlement system next week: sources

The city plans to process its first gold settlement on Tuesday, according to those familiar with the matter.

Banking & Finance

HKMA urges banks to widen scope of yuan use as currency’s global reach expands

Hong Kong Monetary Authority encourages banks to offer ‘holistic’ and ‘tailored’ yuan products to shore up city’s role as major offshore hub.

Hong Kong is looking to boost its position as the world's leading offshore yuan hub. Photo: Felix Wong

China Business

‘Big Short’ 2.0? US hedge fund manager warns of a global AI bubble

China’s AI stocks entered the second half of 2026 with improving earnings momentum, but scepticism about the sector is increasing.

Michael Burry, the US hedge fund manager whose story was popularised in the 2015 film 'The Big Short', said in a Substack post on Tuesday that there were stretched valuations in AI-related markets. Photo: Getty Images

China Business

Big name sportswear brands in China held scoreless at the World Cup

Sales are declining despite the World Cup because international and domestic brands face weak consumer demand amid economic concerns.

Law and Crime

Hong Kong duo admit joining pro-independence group ‘out of curiosity’, asylum bid

Chan Tai-sum, 27, and Ng Chi-tung, 25, plead guilty to secession conspiracy over Taiwan-based Hong Kong Democratic Independence Union roles.

China Business

Mainland investors buy more Hong Kong shares, favour SMIC, Zhipu AI

Onshore investors resoundingly reverse previous month’s outflow with US$3.5 billion in buying, led by AI-related shares.

The logo of Chinese artificial intelligence company Zhipu AI is seen at its headquarters in Beijing on June 25. Photo: Reuters

Americas

Venezuela’s leader defends quake response as thousands remain missing

In her first press conference since taking power after Maduro’s capture by the US, Rodriguez lashes critics.

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Venezuela’s Interim President Delcy Rodriguez holds press conference on Thursday. Photo: Reuters
Residents and rescuers search through rubble. Photo: AP
Collapsed buildings near a marina. Photo: Reuters
A destroyed building marked with 'SOS'. Photo: AP
A Salvadoran firefighter rests. Photo: Reuters

Diplomacy

Which Trump will show up at Nato summit? Odds are it will be the fuming one

US president’s impatience and distrust of multilateral groupings has Nato’s 31 members walking on eggshells before next week’s key meeting.

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Lifestyle & Culture

Bali, Phuket or Sentosa? Singapore’s grand 20-year resort plan

The upgrade aims to create ‘the next generation of world-class experiences’ while staying true to the island’s unique identity.

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OPINION
Paul Yip,Xiaofang Weng

Opinion | Suicide risk and the danger of Hong Kong’s children not feeling loved

Paul Yip
Xiaofang Weng
John C. Tsang

Opinion | Why Hong Kong firms looking to integrate AI must consider fresh grads

John C. Tsang
Letters

Letters | Society must act to save youth careers amid the AI cull

Letters
SCMP Editorial

Editorial | Hong Kong must reform its sexual offence laws for the 21st century

SCMP Editorial
SCMP Editorial

Editorial | Hongkongers should beware of prediction markets

SCMP Editorial
Harry’s View | 3 Jul 2026
July 3, 2026
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LATEST

Tech Trends

Unitree IPO to test valuations as venture capital floods China robotics

Watches

5 biggest watch moments in June, from celebrity timepieces to a titan’s death

Asia

Video | Dog meat traders abandon slaughterhouses in South Korea ahead of ban

This picture taken on June 11, 2026 shows an animal rights activist checking empty cages at an abandoned dog slaughter facility in Pyeongtaek. Electric prods rest against the wall near rusty cages containing dog skulls in an abandoned canine slaughterhouse in a South Korean town. The deserted site in Pyeongtaek, south of Seoul, offers a glimpse into an industry rapidly disappearing as South Korea’s landmark dog meat ban enters into force next year. (Photo by Jung Yeon-je / AFP) / To go with ‘SKOREA-FOOD-LAW-ANIMAL, REPORTAGE’ by Jihye SHIN
01:07

Hong Kong

Video | Former Hong Kong bookseller Lam Wing-kee dies in Taiwan

FILE PHOTO: Bookseller Lam Wing-kee marches during a protest to demand authorities scrap a proposed extradition bill with China, in Hong Kong, China March 31, 2019. REUTERS/Tyrone Siu/File Photo
01:17

Southeast Asia

Indonesia’s free meals corruption probe extends to police, military officers

Global Economy

German government pledges to defend trade, signalling tougher China stance

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SCMP Series
China-Africa evolving partnership
Hong Kong 29 years after handover
SpaceX IPO
Confronting cancer in Hong Kong
China and Central Asia
In Africa, some agricultural products, including coffee beans, that meet baseline requirements on pest risks, processing and safety are eligible for export to China, eliminating the need for country-by-country trade deals. Photo: Shutterstock
SCMP SeriesChina-Africa evolving partnership

Coffee, chillies and cashews: a new recipe to spice up China-Africa trade relations

Blanket relationship with all African nations is viewed as a precedent for partners like the EU.

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Can China’s strict policing model ‘silence the guns’ in Africa?

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Is China’s risk tolerance reaching its limit with pause of African mine deal?

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Open Questions series

China Economy

Open Questions | Economist Richard Koo on China and Japan’s shared ‘battle against time’

China has strong tech industries and a large market – but so did Japan before its recession, warns the Nomura Research Institute scholar.

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Illustration: Henry Wong

Politics

Open Questions | Nie Huihua on non-Westernness of Chinese government and challenge to innovation

Harvard-trained professor examines the tension between strengthening centralised control and encouraging local enthusiasm.

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China Economy

Open Questions | AIIB head Zou Jiayi on multilateralism as ‘infrastructure of global trust’

As the Beijing-based development bank marks its 10th anniversary, its president says institutions like hers ‘create certainty amid uncertainty’.

Diplomacy

Open Questions | Economist James Heckman on the value of risk-taking, and China’s ‘common goal’

He also discusses the economic outlook, youth unemployment and whether the country can overtake the US in science and tech.

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Illustration: Lau Ka-kuen
China Future Tech
China Future Tech
Key Industries:
EVs
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Live Q&A webinars

Big Tech

Can China’s memory chip giant CXMT keep thriving after IPO and AI boom?

CXMT is taking orders for its advanced DDR5 server memory from Tencent and ByteDance after completing customer validation, a source says.

The CXMT logo is displayed on a smartphone screen in this photograph take on May 28, 2026. Photo: CFOTO/Future Publishing via Getty Images

Tech Trends

Unitree IPO to test valuations as venture capital floods China robotics

The robot maker plans to raise 4.2 billion yuan by selling at least 40 million shares that implies a valuation of around 42 billion yuan.

Tech

Kuaishou files for US$3 billion Kling AI funding round in Hong Kong

Short video giant’s filing confirms SCMP exclusive; investors include tech heavyweights, state investment vehicles and entertainment firms.

China Business

China AI drug-design deals swell as US scrutiny mounts

Global pharmaceutical firms are tapping into Chinese artificial intelligence assets before patents expire on blockbuster drugs, advancing AI-driven biotech.

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Industry insiders say AI-powered drug-design tools have the potential to shorten development timelines from years to as few as 18 months. Photo: Shutterstock

Tech

The AI industrial revolution: why US faces a historic tech reckoning from China

From EVs to robotics, China’s advancement in cutting-edge tech has seen it shake off the West’s long-standing belief in US exceptionalism.

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Illustration: Lau Ka-kuen

Diplomacy

Why Chinese-American success stories still provoke prejudice and fear

Almost a century and a half has passed since the notorious Chinese Exclusion Act, but anti-Asian prejudice is still rife.

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China Economy

As Beijing raises Shanghai’s offshore yuan profile, where will Hong Kong fit in?

Geopolitical tensions add fuel to long-standing debate about China’s need for multiple offshore yuan centres – a role that suits Shanghai well.

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Global Economy

Why the Vietnam ‘detour’ for US-bound Chinese goods hit a dead end

Is finding another Hanoi haven possible, or would trying be a fool’s errand for Chinese firms looking to get the jump on Trump and evade tariffs?

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Illustration: Henry Wong
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