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China
The latest news, analysis and opinion on China. In-depth analysis, industry insights and expert opinion.
Capital
Beijing
Head of State
President Xi Jinping
Head of Government
General Secretary Xi Jinping
On January 30, police received a report that two men had snatched a backpack containing 51 million yen from a Japanese man who had arranged to meet at the currency exchange shop. Photo: Karma Lo
Crime in Hong Kong

Hong Kong court denies bail to suspect over 51 million yen theft at currency exchange

Japanese national Koki Hirose accused of conspiring to steal 27 million yen in connection with robbery in Sheung Wan.

Electric & new energy vehicles

Chinese EV maker Nio raises US$2.6 billion bet on battery swapping

Myanmar

Video | Scam centre members apologise in broadcast confession

Science

US transformers are ageing. Why renewable energy could make things worse

Team in China finds that high renewable energy integration could make power transformers age nearly a quarter faster.

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High levels of wind and solar energy increase bidirectional power flow switching, causing additional stress on transformers, a study has found. Photo: Xinhua
Space

SpaceX puts Mars on back burner to focus on moon ‘city’, Musk says

After years of ambitious Mars predictions, Earth’s richest person admits the moon is more achievable in the shorter term.

China’s private sector

China’s Pop Mart gains on earnings hopes as investors eye growth beyond Labubu

The toymaker’s stock gains as user growth, livestream sales and overseas expansion signal resilience despite softer consumer demand in China.

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Hong Kong stock market

Nikkei smashes record as Takaichi’s landslide victory ignites ‘Japan is back’ trade

Election result revives risk appetite after global tumult, as investors anticipate Japan will increase public spending to sustain growth.

Japanese Prime Minister Sanae Takaichi (centre), leader of Japan’s ruling Liberal Democratic Party, places flowers symbolising success onto the names of candidates at the party’s headquarters in Tokyo on February 8, 2026. Photo: Xinhua
SCMP Highlights

China accused of secret nuclear tests, Eileen Gu’s wake up call: 5 weekend reads

From China’s companies keeping Ukraine’s lights on to pushing endurance limits, here are five stories you may have missed over the weekend.

Science

‘Super antibody’ found by Chinese team could end 30% fatality tick-borne fever

Researchers in China say the protein could be a way to tackle a growing parasitic threat.

Mergers & Acquisitions

M&A market ‘firing on all cylinders’, headed for record year: Citigroup

Confident companies and investors, solid economic growth, low inflation and ample capital drive outlook, bank’s global M&A co-head says.

Guillermo Baygual, Citigroup’s global co-head of mergers and acquisitions, pictured in Hong Kong on February 6, 2026. Photo: Jonathan Wong
Bonds

Hong Kong firms rush to issue convertibles – and trend could continue: bankers

Issuers raised US$7.4 billion in convertibles in early 2026, nearly half of last year’s total, as they rushed to lock in high share prices.

The number of companies rushing to issue convertible bonds is growing even as the Lunar New Year approaches, according to market players. Photo: Getty Images
Hong Kong stock market

Hong Kong stocks start week strong as Japan election helps sentiment

The Japan election results clear the way for more fiscal stimulus, reinforcing a bullish outlook for stocks.

The Philippines

Why Australia is picking up the tab for Philippine military upgrades

Canberra’s security interests are more closely aligned with Manila than those of Washington, observers say.

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Jimmy Lai trial

Hong Kong’s Jimmy Lai gets 20 years in prison for national security crimes

City leader John Lee and Beijing office say Lai sentence shows justice and rule of law firmly upheld, while UK stresses it will ‘rapidly engage’ on the case.

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Cardinal Joseph Zen and Jimmy Lai’s wife Teresa Lai leave West Kowloon Court. Photo: Sam Tsang
Hong Kong politics

Opinion | Legco must exercise due diligence against the tyranny of KPIs

Even if the government drafted perfect laws, lawmakers must scrutinise them without being afraid of performing their constitutional duty.

The Legislative Council Complex in Admiralty on January 7. Photo: Eugene Lee
Belt and Road Initiative

‘Time is ripe’: why China is eyeing another vast canal link to Southeast Asia

China has almost completed the US$10 billion Pinglu Canal connecting its heartlands to Southeast Asia. Now, it is mulling an even larger waterway.

Hong Kong stock market

Hong Kong urged to widen Stock Connect and woo global firms to boost listings

City should pitch Southeast Asia, Middle East to draw global listings and issue long-term bonds to attract patient capital, think tank says.

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Hong Kong economy

Editorial | Hong Kong’s move to craft a 5-year plan marks a paradigm shift

The government’s laissez-faire ethos has become less suited to the increasingly complex economic and geopolitical environment.

An aerial view of Hong Kong on May 19, 2025. Photo: AFP
Banking & finance

Will Hong Kong, Singapore capture Asia’s capital inflows? DBS CEO weighs in

The two financial hubs are best choices for global investors seeking to diversify their portfolios amid geopolitical risks, Tan Su Shan says.

Hong Kong population

Opinion | Boost birth rates? Governments should focus on the population they have

Instead of growing the population at all costs, governments should be practically addressing longer life expectancies.

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Banking & finance

Farmers’ son banker Xu Yiding under probe by China’s anti-corruption watchdog

The Agricultural Development Bank of China vice-president was once held up as a model figure for finance-driven poverty reduction.

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Xu Yiding, awarded the the National Poverty Alleviation Innovation Award in 2017, is undergoing “disciplinary review and investigation”. Photo: Handout
Science

Could this thrust device give Chinese drones an edge over F-35s?

An aerodynamic tail nozzle designed in Nanjing proves its mettle in a high-subsonic speed drone test.

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The nozzle was tested on a CK-300 drone. Photo: NUAA
My Take

My Take | TikTok deal good for Chinese owners but terrible for users in the United States

The social media platform, now majority owned by Americans, will herald a new era of state control and corporate manipulation of US citizens.

Hong Kong transport

New rail routes to mainland China nearly sold out ahead of Lunar New Year

All classes of tickets from Hong Kong’s West Kowloon Station to 14 of 16 new mainland stops fully booked from Friday through next Sunday.

China-UK relations

Opinion | Hong Kong can be hub of revival in the Sino-British relationship

As China and the UK mend relations, Hong Kong should strive to be a platform for a wider range of Sino-British joint ventures.

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Illustration: Craig Stephens
China’s soft power

A very Chinese time? How memes are paving the way for a soft power shift

Western social media trends paint ‘Chineseness’ in a positive light, but observers question whether Beijing will benefit.

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German tourists dressed in Hanfu costumes (traditional Chinese costumes) take a selfie at a Hanfu experience hall in Changchun, Jilin Province of China. Photo: China News Service/VCG via Getty Images
Hong Kong society

Hong Kong reserves 4,000 homes for tenants hit by subdivided flats overhaul

Secretary for Housing Winnie Ho says demand from 30,000 affected households will be ‘digested’ over extended period.

Hong Kong healthcare and hospitals

2 more food poisoning clusters tied to consuming raw oysters in Hong Kong

Five people fall ill after eating the seafood at Chef’s Cuts in Wong Chuk Hang, according to health authorities.

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