https://www-scmp-com.libproxy1.nus.edu.sg/rss/32080/feed China Mobile Ltd is a state-owned telecom providing mobile voice and multimedia services through a nationwide mobile network. It is listed in New York and Hong Kong. en https://assets-v2.i-scmp.com/production/static/img/icons/scmp-meta-1200x630.png https://www-scmp-com.libproxy1.nus.edu.sg Daisy Wu Daisy Wu In September, Chief Executive John Lee Ka-chiu unveiled the city’s first five-year plan along with his policy address, highlighting Hong Kong’s strategic role in promoting the greater use of the yuan outside mainland China as a key priority. In the second part of a four-part series on the globalisation of the yuan, Daisy Wu examines Hong Kong’s evolution from an offshore reservoir into a self-sustaining yuan ecosystem. Of the hundreds of thousands of people who cross the border between mainland... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3372292/how-hong-kong-went-yuan-gateway-complete-currency-ecosystem https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3372292/how-hong-kong-went-yuan-gateway-complete-currency-ecosystem Tue, 27 Oct 2026 22:00:15 +0000 Alex Lo Alex Lo Americans are souring on artificial intelligence, so Washington is trying to convince them the old-fashioned way: by citing, ad nauseam, the China threat. US President Donald Trump, flanked by tech executives at the White House late last month, warned voters that if they rejected data centres, companies would “be forced to go overseas”. He added that “whoever wins superintelligence wins” and that “you’re probably not gonna have a second place”. The implication was that detractors would be... https://www-scmp-com.libproxy1.nus.edu.sg/opinion/world-opinion/article/3370992/us-tech-bros-are-coming-asia-and-latin-americas-power-grids https://www-scmp-com.libproxy1.nus.edu.sg/opinion/world-opinion/article/3370992/us-tech-bros-are-coming-asia-and-latin-americas-power-grids Fri, 16 Oct 2026 08:30:06 +0000 Ann Cao Ann Cao China 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... https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3370600/china-mobile-triples-capacity-mega-inner-mongolia-computing-hub-amid-nations-ai-push https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3370600/china-mobile-triples-capacity-mega-inner-mongolia-computing-hub-amid-nations-ai-push Tue, 13 Oct 2026 01:00:12 +0000 Howard Liu Howard Liu China plans to deploy artificial intelligence computing clusters containing 100,000 accelerator cards and sharply expand the country’s intelligent computing capacity over the next five years, as Beijing steps up investment in the infrastructure underpinning its AI ambitions. The Ministry of Industry and Information Technology (MIIT), in a five-year industry plan released on Monday, set a target of 9,800 eflops of intelligent computing capacity by 2030, and called for 3.8 trillion yuan (US$532... https://www-scmp-com.libproxy1.nus.edu.sg/tech/policy/article/3366733/china-targets-fourfold-boost-ai-computing-capacity-2030-major-tech-push https://www-scmp-com.libproxy1.nus.edu.sg/tech/policy/article/3366733/china-targets-fourfold-boost-ai-computing-capacity-2030-major-tech-push Tue, 08 Sep 2026 06:00:20 +0000 Richard Chen,Christina Zhao Richard Chen,Christina Zhao China’s three state-owned telecoms giants have made billable artificial intelligence tokens a key focus of their growth strategies, as AI adoption accelerates across the country and computing demand soars. China Mobile, China Telecom and China Unicom all pointed to AI and computing operations as key growth drivers in their first-half financial disclosures released this month, presenting usage of tokens – the fundamental unit of data processed by AI models – as a central metric alongside others... https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3364873/chinas-telecoms-giants-bet-token-factories-ai-drives-revenue-growth https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3364873/chinas-telecoms-giants-bet-token-factories-ai-drives-revenue-growth Fri, 21 Aug 2026 13:30:10 +0000 Ben Jiang Ben Jiang China has approved its first private-sector commercial trial for satellite Internet of Things (IoT) services, granting a permit to a Geely-backed venture as part of broader efforts to open the country’s burgeoning satellite communications market to private capital. The Ministry of Industry and Information Technology (MIIT) granted Zhejiang Geespace Technology, the commercial space subsidiary of electric vehicle giant Geely, a two-year trial period, according to a notice published on the... https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3364781/china-clears-geely-landmark-satellite-iot-test-spur-commercial-space-sector https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3364781/china-clears-geely-landmark-satellite-iot-test-spur-commercial-space-sector Fri, 21 Aug 2026 06:00:19 +0000 Nayan Seth Nayan Seth Ahead of next month’s expected summit between US President Donald Trump and Chinese leader Xi Jinping in Washington, a low profile US regulatory agency has opened a new front in the technology battle between the world’s two superpowers, even as it attempts to avoid sabotaging the vital high-stakes meeting. The latest action by the Federal Communications Commission (FCC) in July saw it advance stringent bans on new Chinese robots and power inverters. The move came after months of FCC measures... https://www-scmp-com.libproxy1.nus.edu.sg/news/us/article/3364479/will-washingtons-tech-crackdown-test-fragile-us-china-truce https://www-scmp-com.libproxy1.nus.edu.sg/news/us/article/3364479/will-washingtons-tech-crackdown-test-fragile-us-china-truce Tue, 18 Aug 2026 17:07:20 +0000 Enoch Yiu Enoch Yiu The Hong Kong government’s plan to increase tax incentives for corporate treasury centres will be attractive to multinational and mainland firms considering such activities in the city, according to tax experts at PwC. The government is soliciting public comment from late July until September 4 for a range of tax reforms, after which a bill will be submitted to the Legislative Council in the first half of 2027. “Enhancing the relevant tax incentives will not only help attract more enterprises to... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3364223/hong-kong-tax-reforms-treasury-centres-will-lure-multinationals-mainland-firms-pwc https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3364223/hong-kong-tax-reforms-treasury-centres-will-lure-multinationals-mainland-firms-pwc Mon, 17 Aug 2026 00:16:57 +0000 Daisy Wu Daisy Wu China’s central state-owned enterprises (SOEs) are consolidating scattered overseas accounts into unified treasury hubs, with Hong Kong emerging as their preferred base amid a broader crackdown on outflows of state cash. Decades of overseas expansion had seen many SOEs build up assets in multiple jurisdictions, leaving cash management fragmented and making it harder for regulators and company headquarters to track liquidity, foreign-exchange risk and cross-border financing, analysts... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3363242/hong-kong-preferred-base-chinese-soes-consolidate-overseas-accounts-treasury-hubs https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3363242/hong-kong-preferred-base-chinese-soes-consolidate-overseas-accounts-treasury-hubs Fri, 07 Aug 2026 03:04:43 +0000 Igor Patrick Igor Patrick Chilean President Jose Antonio Kast received China’s ambassador to Santiago, Niu Qingbao, at the La Moneda Palace on Friday morning, in an encounter that lasted more than an hour and marked the first meeting between the two men since the right-wing leader took office in March. According to the presidency, Kast, Foreign Minister Francisco Perez Mackenna and Foreign Affairs Undersecretary Patricio Torres used the meeting to review their bilateral agenda, the minister’s coming trip to China and the... https://www-scmp-com.libproxy1.nus.edu.sg/news/china/diplomacy/article/3362612/chiles-kast-courts-china-day-after-us-hits-exports-forced-labour-tariff https://www-scmp-com.libproxy1.nus.edu.sg/news/china/diplomacy/article/3362612/chiles-kast-courts-china-day-after-us-hits-exports-forced-labour-tariff Fri, 31 Jul 2026 21:00:29 +0000 Cao Jiaxuan Cao Jiaxuan The US-China tech rivalry has escalated into a deeper battle over undersea fibre-optic cables powering the global AI boom. As demand for cross-border data to power and train advanced systems intensifies, so does the high-stakes battle to control critical network ecosystems – mainly submarine cables that send nearly 99 per cent of intercontinental data traffic at immense speed. Beijing on Tuesday accused Washington of “politicising” global undersea cable networks, following reports that the US... https://www-scmp-com.libproxy1.nus.edu.sg/news/china/diplomacy/article/3362288/how-global-ai-boom-intensifying-us-china-undersea-stand https://www-scmp-com.libproxy1.nus.edu.sg/news/china/diplomacy/article/3362288/how-global-ai-boom-intensifying-us-china-undersea-stand Fri, 31 Jul 2026 15:00:07 +0000 Nayan Seth Nayan Seth The Trump administration on Tuesday announced bans on imports of new Chinese robots and power inverters, citing threats to US national security and supply chain vulnerabilities. Without naming China, the Federal Communications Commission (FCC) expanded its Covered List to include two new categories of foreign-made equipment: advanced robotic devices and connected power inverters. The robotic devices included mobile robots, such as humanoids and quadrupeds. The action would ban the import and... https://www-scmp-com.libproxy1.nus.edu.sg/news/china/diplomacy/article/3362185/us-bans-new-chinese-robots-power-inverters-latest-tech-crackdown https://www-scmp-com.libproxy1.nus.edu.sg/news/china/diplomacy/article/3362185/us-bans-new-chinese-robots-power-inverters-latest-tech-crackdown Tue, 28 Jul 2026 22:11:16 +0000 Frank Chen Frank Chen A new state-of-the-art submarine cable, which will enable faster internet for Cambodia, made a successful landing in Hong Kong earlier this week, another milestone in a series of projects undertaken by Chinese firms to bolster information infrastructure by laying and expanding international seabed networks. The project, named SHV-HK, links Sihanoukville, a coastal port city in Cambodia, to Hong Kong, traversing 3,000km (1,864 miles) through the Gulf of Thailand, the southern tip of Vietnam and... https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3361545/china-unicom-launches-new-hong-kong-cambodia-cable-link-mainland-firms-leverage-city https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3361545/china-unicom-launches-new-hong-kong-cambodia-cable-link-mainland-firms-leverage-city Thu, 23 Jul 2026 04:30:18 +0000 Igor Patrick Igor Patrick Chile wants to widen the group of countries buying its copper and attract about US$100 billion in mining investment over the next decade, its foreign minister said on Wednesday, in the most explicit move yet by the new government in Santiago to reduce its exposure to Chinese demand. “The market is highly concentrated and we need to broaden the number of places that buy our copper,” Francisco Perez Mackenna said at a Bloomberg summit in Singapore, part of a tour through the Asia-Pacific. He said... https://www-scmp-com.libproxy1.nus.edu.sg/news/world/americas/article/3361514/chile-hunts-copper-buyers-beyond-china-us100-billion-mining-plan https://www-scmp-com.libproxy1.nus.edu.sg/news/world/americas/article/3361514/chile-hunts-copper-buyers-beyond-china-us100-billion-mining-plan Wed, 22 Jul 2026 21:59:26 +0000 Reuters Reuters The US Federal Communications Commission ⁠said on Tuesday it is adding California-based Digitalsystem Technology to a list of companies posing risks to US national security, citing links to Chinese telecoms firms and its ownership by a Chinese national. The FCC also said ‌it was denying the Los Angeles-based IT company permission to provide international telecommunications services, saying it could be exploited by Chinese threat actors. “There is significant risk that the government of China and... https://www-scmp-com.libproxy1.nus.edu.sg/tech/policy/article/3359782/fcc-denies-us-firm-chinese-links-approval-provide-telecoms-services https://www-scmp-com.libproxy1.nus.edu.sg/tech/policy/article/3359782/fcc-denies-us-firm-chinese-links-approval-provide-telecoms-services Tue, 07 Jul 2026 22:41:33 +0000 Iris Deng Iris Deng New restrictions on Chinese technology will come into effect in the US next month following a Federal Communications Commission (FCC) decision on legacy equipment used in the country’s public safety and telecommunications infrastructure. The upcoming rules, finalised late last week, will expand the current import ban to include older equipment models from major Chinese manufacturers, including Huawei Technologies, ZTE, Hytera, Hikvision and Dahua. While a ban in 2022 blocked new... https://www-scmp-com.libproxy1.nus.edu.sg/tech/policy/article/3358773/us-fcc-expands-import-ban-older-huawei-zte-gear-continued-crackdown-chinese-tech https://www-scmp-com.libproxy1.nus.edu.sg/tech/policy/article/3358773/us-fcc-expands-import-ban-older-huawei-zte-gear-continued-crackdown-chinese-tech Mon, 29 Jun 2026 13:00:11 +0000 Ann Cao,Wency Chen Ann Cao,Wency Chen China’s telecoms giants are pushing for “air-space-ground-sea” networks amid Beijing’s push to expand artificial intelligence infrastructure, as SpaceX’s market debut has ignited the industry’s focus beyond the Earth. At the opening of the Mobile World Congress (MWC) Shanghai on Wednesday, telecommunications executives framed the next phase of infrastructure as one that needs to encompass both the skies and oceans to meet skyrocketing demand for AI computing. Wang Tao, rotating chairman of... https://www-scmp-com.libproxy1.nus.edu.sg/tech/article/3358220/chinas-telecoms-giants-bet-air-space-ground-sea-networks-future-ai-needs https://www-scmp-com.libproxy1.nus.edu.sg/tech/article/3358220/chinas-telecoms-giants-bet-air-space-ground-sea-networks-future-ai-needs Wed, 24 Jun 2026 11:00:06 +0000 Howard Liu Howard Liu China Telecom has named the winners of a multibillion-dollar high-performance server procurement programme, handing a major victory to domestic CPU chip companies like Huawei Technologies as state firms rapidly replace US technology with domestic hardware. The deal, which covers China Telecom’s needs for 2026 and 2027, called for 40,000 high-performance servers split into two packages, according to notices on its procurement platform on Tuesday. While the final price tag was not made public,... https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3358204/huawei-partners-win-big-china-telecom-invests-us17-billion-40000-servers https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3358204/huawei-partners-win-big-china-telecom-invests-us17-billion-40000-servers Wed, 24 Jun 2026 09:00:21 +0000 Chao Kong Chao Kong China activated the world’s first three-band optical fibre communication system early this month, technology that its developers say could expand the carrying capacity of future AI networks. According to the project team, a single fibre can carry more than five times the traffic of conventional systems, while transmission capacity per core increases by nearly half. The project, completed in Qingdao in the eastern Chinese province of Shandong, was jointly developed by state-owned... https://www-scmp-com.libproxy1.nus.edu.sg/news/china/science/article/3356947/chinese-team-builds-first-commercial-3-lane-highway-optical-fibre-boost-capacity https://www-scmp-com.libproxy1.nus.edu.sg/news/china/science/article/3356947/chinese-team-builds-first-commercial-3-lane-highway-optical-fibre-boost-capacity Sat, 13 Jun 2026 04:00:06 +0000 Enoch Yiu Enoch Yiu The Hong Kong government has unveiled an action plan to broaden tax incentives and introduce a pre-approval mechanism aimed at attracting more companies to establish corporate treasury centres in the city, according to Secretary for Financial Services and the Treasury Christopher Hui Ching-yu. “This sets out our targeted actions to strengthen Hong Kong as a premier hub for multinational corporate treasury centres and an optimal platform for ‘bringing in and going global’, leveraging the city’s... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3356511/hong-kong-launches-tax-break-plan-strengthen-role-corporate-treasury-base https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3356511/hong-kong-launches-tax-break-plan-strengthen-role-corporate-treasury-base Tue, 09 Jun 2026 10:07:53 +0000 Xinmei Shen Xinmei Shen The Hong Kong Generative AI Research and Development Centre (HKGAI) has officially launched a new DeepSeek-based large language model that can run on domestic chips, as the government-backed lab seeks to commercialise its products and export Chinese AI overseas. The HKGAI-V3 model, built on DeepSeek V4, has achieved “significant improvements” in efficiency and agentic capabilities, the centre said on Wednesday. The home-grown model delivered over tenfold improvement in the efficiency of token... https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-trends/article/3355861/hong-kong-launches-deepseek-based-ai-model-designed-run-domestic-chips https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-trends/article/3355861/hong-kong-launches-deepseek-based-ai-model-designed-run-domestic-chips Wed, 03 Jun 2026 13:00:11 +0000 Josh Ball Josh Ball UFC boss Kevin Chang believes Macau will be the organisation’s “launch pad to Asia” in 2026, and sees a hunger for the sport not yet served by those already dominant in the region. The promotion returns to the Galaxy Arena this weekend, with an event co-headlined by China stars Song Yadong and Zhang Mingyang on a main card featuring five more of their compatriots. There will have been two days of action by then, with season five of Road to UFC opening up what Chang, UFC’s senior vice-president... https://www-scmp-com.libproxy1.nus.edu.sg/sport/china/article/3355373/macau-will-be-launch-pad-asia-promotion-looks-east-ufc-boss-kevin-chang-says https://www-scmp-com.libproxy1.nus.edu.sg/sport/china/article/3355373/macau-will-be-launch-pad-asia-promotion-looks-east-ufc-boss-kevin-chang-says Fri, 29 May 2026 15:30:06 +0000 Jeffie Lam Jeffie Lam Telecoms giant China Mobile International is planning another route to connect terrestrial cables in Central Asia with Hong Kong’s submarine network, aiming to enable more efficient data transmission between the “stan” countries and the rest of the world, a senior executive has said. Kevin Chan Kin-fan, the company’s head of carrier business, said the developing telecommunications sector in Central Asia presented significant opportunities. He added that his company was ready to support mainland... https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/hong-kong-economy/article/3354807/china-mobile-plans-fresh-central-asia-link-hong-kong-submarine-cable-network https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/hong-kong-economy/article/3354807/china-mobile-plans-fresh-central-asia-link-hong-kong-submarine-cable-network Tue, 26 May 2026 02:00:14 +0000 Eunice Xu Eunice Xu For years, mobile carriers have billed users by the gigabyte. Now, China’s telecoms giants are seeking to monetise the artificial intelligence boom by introducing a new unit of measurement to monthly bills: the AI token. On Sunday, China Telecom unveiled nationwide, token-based pricing packages aimed at a range of customers – from casual users to developers and businesses – according to information listed on the company’s app. Consumer packages, tailored for everyday tasks, start at 9.9 yuan... https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-trends/article/3353954/forget-cellular-data-chinas-telecoms-giants-are-selling-ai-token-plans https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-trends/article/3353954/forget-cellular-data-chinas-telecoms-giants-are-selling-ai-token-plans Mon, 18 May 2026 08:09:08 +0000 Ada Li Ada Li China’s state broadcaster and ⁠football’s world governing body Fifa have come to an agreement over showing the World Cup, less than a month before the tournament kicks off. In an official announcement on Friday, China Media Group, CCTV’s parent company, said the deal would run until 2031 and take in the next two men’s and women’s tournaments. Apart from this summer’s event in Canada, Mexico and the United States, the agreement covers the following men’s tournament in 2030, as well as women’s... https://www-scmp-com.libproxy1.nus.edu.sg/sport/football/article/3353725/china-state-broadcaster-fifa-agree-world-cup-tv-deal-covering-4-tournaments-until-2031 https://www-scmp-com.libproxy1.nus.edu.sg/sport/football/article/3353725/china-state-broadcaster-fifa-agree-world-cup-tv-deal-covering-4-tournaments-until-2031 Fri, 15 May 2026 10:07:44 +0000 Minxiao Chang,Coco Feng Minxiao Chang,Coco Feng Chinese artificial intelligence start-up Moonshot AI has raised about US$2 billion in a new funding round, boosting its valuation to more than US$20 billion as it navigates Beijing’s new listing rules for companies registered overseas. The funding was led by Long-Z Investments, Meituan’s venture arm, and involved China Mobile. Over the past six months, Moonshot had raised a total of US$3.9 billion, according to a statement by the deal’s financial adviser HF Capital on Thursday. The Beijing-based... https://www-scmp-com.libproxy1.nus.edu.sg/tech/article/3352751/kimi-developer-moonshot-ai-valued-us20b-it-navigates-chinas-new-ipo-rules https://www-scmp-com.libproxy1.nus.edu.sg/tech/article/3352751/kimi-developer-moonshot-ai-valued-us20b-it-navigates-chinas-new-ipo-rules Thu, 07 May 2026 10:27:37 +0000 Reuters Reuters The Federal Communications ⁠Commission on Thursday voted unanimously to advance a proposal to bar all Chinese labs from testing electronic devices such as smartphones, cameras and computers for use in the United States. The agency says about 75 per cent of ‌all US electronics are tested in China and plans to adopt a streamlined approval process for devices tested in US labs or labs from countries not posing national security risks. In a separate 3-0 vote, the commission advanced a proposal to... https://www-scmp-com.libproxy1.nus.edu.sg/news/world/united-states-canada/article/3352083/us-telecoms-agency-votes-expand-tech-crackdown-china https://www-scmp-com.libproxy1.nus.edu.sg/news/world/united-states-canada/article/3352083/us-telecoms-agency-votes-expand-tech-crackdown-china Thu, 30 Apr 2026 17:51:32 +0000 Ann Cao Ann Cao Chinese artificial intelligence start-up DeepSeek is ramping up recruitment in Inner Mongolia, signalling a potential expansion of its data centre footprint ahead of the much-anticipated release of its V4 model. The Hangzhou-based company is recruiting for two new roles – server maintenance engineers and delivery managers to oversee data centre launches – in Ulanqab, in Inner Mongolia, according to recent job postings. The move marks the first time DeepSeek has publicly advertised on-site roles... https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3349741/deepseek-ramps-hiring-ahead-v4-launch-questions-swirl-over-chip-strategy https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3349741/deepseek-ramps-hiring-ahead-v4-launch-questions-swirl-over-chip-strategy Sat, 11 Apr 2026 08:37:34 +0000 Wency Chen Wency Chen The latest US restrictions on Chinese telecoms operators could ultimately force them out of the American market, analysts said, marking an escalation in Washington’s multi-year crackdown on Chinese technology. The US Federal Communications Commission (FCC) said on Thursday that it was considering broader measures to bar Chinese telecom carriers from operating data centres in its territory, further restricting Chinese telecoms carriers’ access to US networks and infrastructure. China Mobile,... https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-trends/article/3349699/china-telecoms-face-us-exit-risk-fcc-deepens-crackdown-data-centres https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-trends/article/3349699/china-telecoms-face-us-exit-risk-fcc-deepens-crackdown-data-centres Fri, 10 Apr 2026 14:55:29 +0000 Zhang Shidong Zhang Shidong Contemporary Amperex Technology Ltd, or CATL, plans to buy a 45 per cent stake in the parent of a Shenzhen-listed renewable-energy company, as the world’s biggest maker of lithium-ion batteries for electric vehicles seeks to expand its investments in green energy amid the global oil shock. CATL signed a framework agreement with two shareholders of Hangzhou Zhonhen Technology Investment on Wednesday, agreeing to pay 4.09 billion yuan (US$598.5 million) for the deal, Hangzhou Zhonhen Electric, the... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3349465/catl-buys-45-stake-hangzhou-green-energy-company-us598-million https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3349465/catl-buys-45-stake-hangzhou-green-energy-company-us598-million Thu, 09 Apr 2026 07:05:49 +0000 Mia Nurmamat Mia Nurmamat China Mobile has invested nearly HK$10 billion (US$1.28 billion) over five years to help turn Hong Kong into a global computing hub, integrating the city into China’s national network. The world’s largest telecoms operator by subscribers on Wednesday opened a new data centre in northern Hong Kong and said it would step up investment in next-generation submarine cables. The state-owned group aims to bring Hong Kong into China’s national computing network, which has the world’s second-largest... https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3347877/china-mobile-bets-hong-kong-gateway-global-computing-flows https://www-scmp-com.libproxy1.nus.edu.sg/business/companies/article/3347877/china-mobile-bets-hong-kong-gateway-global-computing-flows Wed, 25 Mar 2026 11:30:08 +0000 Themis Qi,Enoch Yiu Themis Qi,Enoch Yiu A memo circulating in mainland China’s financial community has raised concerns that Beijing plans to ban certain Chinese companies from listing in Hong Kong via a red-chip structure, with analysts fearing that this could create uncertainty for new listings in the city. According to a memo seen by the South China Morning Post, some red-chip companies – entities registered overseas but with assets and businesses within China – seeking regulatory approval for an initial public offering (IPO) in... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3346903/chinas-tightened-listing-rules-some-red-chips-hong-kong-raise-concerns https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3346903/chinas-tightened-listing-rules-some-red-chips-hong-kong-raise-concerns Tue, 17 Mar 2026 11:10:08 +0000 Igor Patrick Igor Patrick Chilean President Gabriel Boric left La Moneda presidential palace for the last time on Wednesday, ending a four-year term with a call for national unity that most observers took as a reference to the Chinese undersea cable dispute that defined his final weeks in office. “I wish success to the incoming government, success for Chile, and may our homeland always come first, above any interest, above any disagreement,” Boric said from the palace courtyard, where he arrived with his partner, Paula... https://www-scmp-com.libproxy1.nus.edu.sg/news/china/diplomacy/article/3346275/chiles-boric-leaves-office-calls-unity-after-split-successor-over-china-cable https://www-scmp-com.libproxy1.nus.edu.sg/news/china/diplomacy/article/3346275/chiles-boric-leaves-office-calls-unity-after-split-successor-over-china-cable Wed, 11 Mar 2026 18:30:28 +0000 Igor Patrick Igor Patrick The Chilean capital Santiago awoke on Wednesday to a mixture of celebration and tension. As the city prepared for the inauguration of its centre-right president, the new government’s first crisis was already unfolding behind the scenes: an undersea fibre-optic cable linking the South American country to Hong Kong that had enraged Washington and may prove a watershed moment in how Latin America handles critical infrastructure projects and its partnership with Beijing. Jose Antonio Kast was... https://www-scmp-com.libproxy1.nus.edu.sg/news/china/diplomacy/article/3346261/inauguration-day-chiles-new-president-inherits-chinese-cable-scandal-and-us-threats https://www-scmp-com.libproxy1.nus.edu.sg/news/china/diplomacy/article/3346261/inauguration-day-chiles-new-president-inherits-chinese-cable-scandal-and-us-threats Wed, 11 Mar 2026 13:44:08 +0000 Laura Zhou Laura Zhou The Chilean government has turned down a request from a Chinese military hospital ship to treat Chilean residents on board the vessel. The decision reflects Santiago’s tilt towards Washington and US efforts to exert more influence in the western hemisphere, according to a Chinese academic. The Chilean Ministry of Health said on Friday that it had reviewed the Silk Road Ark’s request and decided not to grant it, citing a health code that restricts such services to professionals accredited ‌in the... https://www-scmp-com.libproxy1.nus.edu.sg/news/china/diplomacy/article/3344972/why-wont-chile-let-chinas-silk-road-ark-military-hospital-ship-give-medical-aid https://www-scmp-com.libproxy1.nus.edu.sg/news/china/diplomacy/article/3344972/why-wont-chile-let-chinas-silk-road-ark-military-hospital-ship-give-medical-aid Sat, 28 Feb 2026 10:00:30 +0000 Ann Cao Ann Cao A global memory supply shock is sweeping through the electronics industry, as surging component costs threaten to squeeze China’s smartphone and broadband equipment manufacturers. New data from TrendForce and Counterpoint Research point to mounting risks across the consumer electronics supply chain, with memory prices soaring amid a supply crunch driven by relentless demand from artificial intelligence data centres. Prices for memory used in consumer devices – from PCs and entry-level... https://www-scmp-com.libproxy1.nus.edu.sg/tech/article/3343321/memory-price-surge-more-600-squeezes-chinas-device-makers https://www-scmp-com.libproxy1.nus.edu.sg/tech/article/3343321/memory-price-surge-more-600-squeezes-chinas-device-makers Thu, 12 Feb 2026 14:00:08 +0000 Kandy Wong Kandy Wong Beijing has recently targeted tax incentives in telecoms and other select industries after fiscal revenue dropped sharply in late 2025, fuelling market speculation of similar, larger-scale moves and triggering volatility. Here, we examine the latest developments and outline how economists view the changes. What has the Chinese government announced? Beijing has moved to boost government finances by tightening tax incentives and raising preferential rates across several sectors, following a sharp... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3342339/china-raises-taxes-some-sectors-boost-finances-one-fix-or-tough-times-ahead https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3342339/china-raises-taxes-some-sectors-boost-finances-one-fix-or-tough-times-ahead Wed, 04 Feb 2026 06:40:20 +0000 Ji Siqi Ji Siqi China has tightened tax incentives and raised preferential rates in several sectors as part of a broader push to generate more government funds, after experiencing a sharp drop in fiscal revenues amid an economic slowdown and persistent deflationary pressure. The Ministry of Finance and State Taxation Administration released a slew of detailed provisions for the country’s new value-added tax (VAT) law over the weekend, which included raising the rate applied to telecommunication services from 6... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3342098/china-pushes-shore-government-finances-tax-rises-several-sectors https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3342098/china-pushes-shore-government-finances-tax-rises-several-sectors Mon, 02 Feb 2026 13:30:11 +0000 Victoria Bela Victoria Bela Chinese firms have signalled plans to launch more than 200,000 internet satellites, filing submissions with a UN agency just as Beijing accused Elon Musk’s SpaceX of crowding shared orbital resources. A dozen or so submissions from various Chinese satellite players were filed with the International Telecommunication Union (ITU) at the end of last month. The biggest projects – CTC-1 and CTC-2 – were for 96,714 satellites each and filed by the newly established Institute of Radio Spectrum... https://www-scmp-com.libproxy1.nus.edu.sg/news/china/science/article/3339493/china-applies-put-200000-satellites-space-after-calling-starlink-crash-risk https://www-scmp-com.libproxy1.nus.edu.sg/news/china/science/article/3339493/china-applies-put-200000-satellites-space-after-calling-starlink-crash-risk Sun, 11 Jan 2026 13:00:10 +0000 Iris Deng Iris Deng Shanghai-based AgiBot topped global humanoid robot shipments in 2025, with nearly a 38 per cent share, as China’s robotics firms dominated the market, leaving in the dust major US players like Elon Musk’s Tesla. According to data released on Thursday by Omdia, AgiBot shipped 5,168 humanoid robots last year to lead five other Chinese companies in the research firm’s top 10 list. Unitree Robotics, headquartered in Hangzhou, ranked second with 4,200 humanoids shipped last year, which accounted for... https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-trends/article/3339346/chinese-firms-outpace-us-rivals-2025-humanoid-robot-shipments-agibot-takes-lead https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-trends/article/3339346/chinese-firms-outpace-us-rivals-2025-humanoid-robot-shipments-agibot-takes-lead Fri, 09 Jan 2026 12:00:18 +0000 Coco Feng Coco Feng Chinese smart glasses maker RayNeo on Monday said it secured funding from the country’s major state telecommunications operators, as eyewear emerges as the next gadget with the ability to access artificial intelligence services along with smartphones. The investment from subsidiaries of China Unicom and China Mobile comes as RayNeo debuts the world’s first consumer augmented reality (AR) glasses integrated with eSIM and 4G connectivity at CES, the annual consumer electronics trade show in Las... https://www-scmp-com.libproxy1.nus.edu.sg/news/china-future-tech/ai/article/3338776/chinas-telecoms-giants-bet-ar-smart-glasses-major-investment-rayneo https://www-scmp-com.libproxy1.nus.edu.sg/news/china-future-tech/ai/article/3338776/chinas-telecoms-giants-bet-ar-smart-glasses-major-investment-rayneo Mon, 05 Jan 2026 10:00:33 +0000 Iris Deng Iris Deng AgiBot, one of the fastest-growing robotics start-ups in China, has set its sights on exceeding 1 billion yuan (US$142 million) in revenue for 2025, as the industry accelerates the commercialisation and large-scale deployment of humanoid robots. AgiBot was expected to ship a total of 5,000 humanoid robots in 2025, chairman and CEO Deng Taihua said in a company event on Monday. AgiBot’s output and sales targets, which the start-up confirmed on Tuesday, were expected to maintain “multi-fold”... https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3337477/chinas-agibot-targets-us142-million-revenue-march-humanoid-robots-gathers-pace https://www-scmp-com.libproxy1.nus.edu.sg/tech/big-tech/article/3337477/chinas-agibot-targets-us142-million-revenue-march-humanoid-robots-gathers-pace Tue, 23 Dec 2025 23:00:12 +0000 Reuters Reuters The US Federal Communications Commission (FCC) said on Monday it may bar three major Chinese telecoms companies from connecting to US networks over efforts to prevent robocalls, the latest in a series of actions Washington has taken against Beijing. The FCC issued orders saying China Mobile, China Telecom and China Unicom must address issues with their certifications in the agency’s robocall mitigation database, and raised concerns about their presence in the database. If the FCC removes them,... https://www-scmp-com.libproxy1.nus.edu.sg/news/world/united-states-canada/article/3335666/federal-communications-agency-may-bar-chinese-telecoms-firms-us-networks https://www-scmp-com.libproxy1.nus.edu.sg/news/world/united-states-canada/article/3335666/federal-communications-agency-may-bar-chinese-telecoms-firms-us-networks Mon, 08 Dec 2025 19:28:56 +0000 Danielle Popov Danielle Popov A Shenzhen-based humanoid robotics start-up, known for the dexterity of its robots, has received fresh funding from a fund under China Mobile, demonstrating how Chinese state and private sector money is pouring into robotics. Daimon Robotics Technology, co-founded by Wang Yu, dean of the robotics institute at the Hong Kong University of Science and Technology (HKUST), and his student Duan Jianghua, said in a statement on Wednesday that Lianchang Fund, backed by China’s largest mobile operator,... https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-trends/article/3335084/shenzhen-robotics-start-daimon-secures-china-mobile-backing-ai-push https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-trends/article/3335084/shenzhen-robotics-start-daimon-secures-china-mobile-backing-ai-push Wed, 03 Dec 2025 12:00:14 +0000 Fiona Sun Fiona Sun Carrying luggage and weeping, residents of the sole tower spared in the deadly blaze at Hong Kong’s Wang Fuk Court in Tai Po returned to their flats on Wednesday to collect valuables, warm clothes, personal documents, home appliances and pets. Some of those who returned to Wang Chi House said they felt heartbroken going back, even though their flats were largely unaffected. They arrived individually and also by shuttle buses, accompanied by government personnel. Two members of each household... https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/society/article/3335071/residents-sole-block-spared-hong-kong-fire-return-home-collect-essentials https://www-scmp-com.libproxy1.nus.edu.sg/news/hong-kong/society/article/3335071/residents-sole-block-spared-hong-kong-fire-return-home-collect-essentials Wed, 03 Dec 2025 10:24:40 +0000 Coco Feng,Luna Sun Coco Feng,Luna Sun China is walking away in the humanoid robot race, while Elon Musk’s Tesla struggles to get to the starting line. Xpeng, Unitree Robotics and other Chinese robot makers are in or near mass production of ever more sophisticated robots, and already chalking up orders worth more than US$100 million. By contrast, the sales debut for Tesla’s Optimus has slipped into 2026 after repeated delays. In very public shows of progress, Chinese humanoid robots have this year danced alongside humans for a... https://www-scmp-com.libproxy1.nus.edu.sg/plus/article/3333635/chinas-humanoid-robots-enter-workforce-tesla-wait-goes https://www-scmp-com.libproxy1.nus.edu.sg/plus/article/3333635/chinas-humanoid-robots-enter-workforce-tesla-wait-goes Fri, 21 Nov 2025 05:15:09 +0000 Zhang Tong Zhang Tong Imagine a meeting with a colleague on the other side of the world where you can shake hands in real time as holograms. That’s one of the promises of 6th generation (6G) cellular network technology, an in-development communication system able to handle unprecedented amounts of data at speeds 100 times faster than 5G. The technology, set to hit the market around 2030, will also be ultra-reliable, with an end to buffering, lags and disconnections. China leads the world in the development of 6G,... https://www-scmp-com.libproxy1.nus.edu.sg/plus/article/3331271/china-races-towards-6g-networks-near-limitless-instant-data https://www-scmp-com.libproxy1.nus.edu.sg/plus/article/3331271/china-races-towards-6g-networks-near-limitless-instant-data Mon, 03 Nov 2025 03:54:07 +0000 Enoch Yiu Enoch Yiu Hong Kong Exchanges and Clearing (HKEX) will launch five new weekly stock options and a Hang Seng Biotech Index Futures contract this month, expanding hedging tools for investors as derivatives trading on the bourse hits record levels, a senior executive said. The new weekly stock options – tracking CNOOC, China Mobile, AIA Group, Xiaomi and Semiconductor Manufacturing International Corporation (SMIC) – will begin trading on November 10, while the biotech futures contract will debut on November... https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3331228/hkex-roll-out-new-weekly-options-biotech-futures-amid-trading-boom https://www-scmp-com.libproxy1.nus.edu.sg/business/article/3331228/hkex-roll-out-new-weekly-options-biotech-futures-amid-trading-boom Mon, 03 Nov 2025 00:30:15 +0000 Dannie Peng Dannie Peng China’s first atomic quantum computer has passed a major commercial milestone, making its first sales to domestic and overseas customers, according to state media. Hubei Daily, the official newspaper of Hubei province, reported on Friday that the first commercial Hanyuan-1 unit had been delivered to a subsidiary of telecoms provider China Mobile while Pakistan had also placed an order. The sales were valued at more than 40 million yuan (US$5.6 million). The Hanyuan-1 was one of the few machines... https://www-scmp-com.libproxy1.nus.edu.sg/news/china/science/article/3331241/chinas-atomic-quantum-computer-reports-first-sales-orders-worth-us56-million https://www-scmp-com.libproxy1.nus.edu.sg/news/china/science/article/3331241/chinas-atomic-quantum-computer-reports-first-sales-orders-worth-us56-million Sun, 02 Nov 2025 13:00:50 +0000 Julie Zhang Julie Zhang The Hong Kong Monetary Authority (HKMA) has decided to focus development of the e-HKD on wholesale applications because the central bank digital currency (CBDC) has stronger potential value in large transactions than in daily retail use. The city’s de facto central bank announced the decision on Tuesday after a second phase of e-HKD trials that tested its usability and efficiency in both retail and wholesale scenarios over the past year. A CBDC is a digital version of a fiat currency built using... https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3330604/hong-kongs-e-hkd-better-suited-wholesale-use-retail-hkma-says https://www-scmp-com.libproxy1.nus.edu.sg/business/banking-finance/article/3330604/hong-kongs-e-hkd-better-suited-wholesale-use-retail-hkma-says Tue, 28 Oct 2025 09:00:13 +0000