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The first close-up image of the Chinese PL-17 long-range missile – one of the most mysterious weapons in the PLA Air Force’s arsenal – appears to have surfaced online. Analysts say the PL-17 may be the world’s longest-range air-to-air missile, posing a threat to US air superiority in the western Pacific. A photo believed to show the PL-17 has recently been making the rounds on Chinese social media. The date and location of the photo are unclear, although the angle of view is extremely close. The...


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China has accused the Philippines of “deliberately stoking maritime tensions” following reports Manila had warned it would stage military exercises across a large area of the disputed South China Sea for more than two months. The move represents the first external military challenge facing China after two senior generals were placed under investigation on suspicion of corruption, and could serve as a test of Beijing’s ability to handle such tests at a highly sensitive time. The Philippine civil...


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Chinese fintech giant Ant Group has open-sourced its first artificial intelligence models for robotics, as it steps up efforts to build machine intelligence capable of handling complex real-world tasks. The move signals a deeper push by the Hangzhou-based Ant into embodied intelligence – AI systems designed to perceive, reason and act in physical environments rather than purely digital settings. The company is the fintech affiliate of Alibaba Group Holding, owner of the South China Morning...


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Several signals from this year’s World Economic Forum in Davos revealed a fundamental transformation in international politics. The forum laid bare the conclusion of a long era, yet provided little clarity about the coming one. The first signal is the collapse of the post-World War II order shaped by the West – and the West’s own unravelling with it. The West has used its dominance over global discourse to construct and impose concepts it favours on the non-Western world. Yet the West itself is...


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China and the United Kingdom are expected to sign more business deals as the British delegation, which comprises 54 companies, heads to Shanghai from Beijing as part of Keir Starmer’s visit, the first by a UK prime minister since 2018. The UK delegation will attend a reception in Shanghai on Friday evening, according to Peter Burnett, chief executive of the China-Britain Business Council. A business forum will be held, followed by lunch on Saturday before the group departs the country. “I think...


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ByteDance and Alibaba Group Holding are poised to ratchet up their artificial intelligence infrastructure initiatives, as the global AI arms race continues to intensify. The two companies’ latest moves lend weight to Nvidia CEO Jensen Huang’s recent remarks at the World Economic Forum in Davos, Switzerland, that the world was witnessing the biggest infrastructure buildout in history and that trillions of dollars of infrastructure still had to be built. Beijing-based ByteDance, operator of TikTok...


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Alibaba Group Holding has delivered more than 100,000 units of its most advanced artificial intelligence chip, the Zhenwu 810E, whose performance is said to be comparable to Nvidia’s H20, according to people familiar with the matter – a milestone that highlights the company’s growing role in China’s race to build domestic alternatives to US processors. The shipments, handled by Alibaba’s semiconductor arm T-Head, have already surpassed those of domestic rival Cambricon Technologies, the sources...


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Chinese scientists are planting high-value alternative “rubber trees” in the Gobi Desert. China is the world’s largest consumer and importer of natural rubber, mainly to support its massive car sector. Consumption last year is expected to have exceeded 7 million tonnes, over 85 per cent of it imported. However, the unique Chinese medicinal plant Duzhong (scientific name Eucommia ulmoides) may help to resolve this dependency. While its bark is a valued material in traditional Chinese medicine...


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Shanghai residents have been flocking to sell gold as the price of the precious metal surges to record highs. The latest jump in gold prices was fuelled by ongoing economic and geopolitical uncertainties, but prices slumped by 4 per cent on Friday, January 30.


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China has emerged as the brightest spot in Apple’s quarterly earnings, as the US tech giant achieved record iPhone revenue in the world’s largest smartphone market. Revenue in Apple’s Greater China region, which comprises mainland China, Hong Kong and Taiwan, surged 38 per cent from a year earlier in the first quarter of fiscal 2026, which ended December 27, the Cupertino-based company said on Friday. That growth, more than double the company’s overall 16 per cent quarterly revenue increase,...


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The southern Guangdong province has been the largest engine powering China’s economic rise for decades. But the region is now in danger of losing its status as the country’s top regional economy, as a rival to the east outpaces its growth. Jiangsu, home to a wide range of multinationals and hi-tech enterprises, has long been Guangdong’s closest competitor: together, the two provinces account for over 20 per cent of China’s gross domestic product (GDP). And the region has shown greater dynamism...


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US President Donald Trump criticised UK and Canadian efforts to boost ties with China, as traditional American allies increasingly seek to diversify their global relations. “It’s ‌very dangerous ⁠for them to do that,” Trump said about a UK pledge of deeper business cooperation with China. “And, it’s even more dangerous, ‌I think, for Canada to get ‌into business ‌with China.” Trump spoke to reporters at the premiere of the movie Melania at ‍the Kennedy Centre in Washington. UK Prime Minister...


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Although the war in Gaza has clearly cooled diplomatic ties and sparked disputes between China and Israel, science and technology cooperation at a civil level between the two countries has continued. “I have a feeling that we have a lot of common ground and plenty of opportunities for cooperation in sectors such as energy and agriculture,” said Yaroslav Efimov, head of science and technology at PLANETech, an Israeli non-profit innovation community specialising in climate change-related...


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In Ernest Hemingway’s The Sun Also Rises, Mike Campbell described how he went bankrupt: “Gradually, and then suddenly.” Over the past weeks, there is a feeling that US President Donald Trump and his administration have reached the “suddenly” bit. First, Canada’s Prime Minister Mark Carney captivated a World Economic Forum audience when he described the “rupture” in the rules-based order, a “bargain” that “no longer works”: leaving middle countries like Canada with no choice but to dilute their...


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China significantly intensified its South China Sea patrols in 2025, maintaining an “unprecedented” nearly year-round presence at contested sites like Scarborough Shoal to assert maritime claims, according to a new US-based think tank report. An analysis published on Thursday by the Asia Maritime Transparency Initiative (AMTI) – a research programme affiliated with the Centre for Strategic and International Studies – showed a substantial increase in China’s patrol presence as well as a...


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The United States has urged China to allow the yuan to appreciate, accusing Beijing of a lack of transparency and describing the currency as “substantially undervalued”. “It is important that the Chinese authorities allow the RMB exchange rate to strengthen in a timely and orderly manner in line with market pressure and macroeconomic fundamentals,” the US Treasury said in a report released on Thursday. China’s exchange-rate policies stood out among major US trading partners for their “relative...


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A former party chief of the resource-rich Inner Mongolia autonomous region, who was also China’s first veterans affairs minister, is under investigation amid the country’s continuing anti-corruption campaign. Sun Shaocheng, 65, is being investigated by the Central Commission for Discipline Inspection for “suspected serious violations of discipline and law”, a euphemism for corruption, the top disciplinary body said on Thursday. Sun serves as vice-chairman of the Social Development Affairs...


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China suspended trading of five commodity funds on Friday to curb investment mania in gold, silver and oil and reduce underlying risks amid geopolitical tensions. The only public fund investing in silver futures in mainland China, UBS SDIC Silver Futures Fund, a listed open-ended fund (LOF), will be suspended for the whole day on Friday, the second such halt since January 22. The trading halt also spread to oil LOFs, four of which were halted for an hour up to 10.30am on Friday. Before the...


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The UK and mainland China are considering a new cross-border asset-management link and upgrades to their existing stock connect scheme, as both sides seek closer capital-market cooperation, according to Ashley Alder, chairman of the UK’s Financial Conduct Authority (FCA). “We are looking at enhancing market connectivity between China and the UK, particularly by building on the stock connect with Shanghai and Shenzhen,” Alder said. “In addition, we are exploring other areas of cooperation, such...


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Remote surgery conducted over thousands of kilometres can be just as reliable as robot-assisted operations done by a medical team in the same room as the patient, according to a new study led by Chinese military researchers and carried out in five cities. The researchers said telesurgery could be a “feasible” way to overcome the lack of medical services in parts of the country as well as the growing demand for operations to treat cancer. “As the first randomised controlled trial in the field of...


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Subdued Chinese demand was a key contributor to a decline in Australia’s wine exports last year, according to the Australian government agency that promotes the industry. With consumer sentiment and evolving tastes reshaping the Chinese market, shipments to mainland China fell 17 per cent year on year to A$755 million (US$532.10 million) – the biggest single factor in an 8 per cent fall in Australia’s total wine exports last year – Wine Australia said in a report released on Wednesday. The weak...


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Advanced chipmaking engineer Xu Zhenpeng has left the United States to take up a full-time position at Shanghai Jiao Tong University (SJTU), one of China’s leaders in artificial intelligence hardware research. Before his return to China, Xu led a team at the California-based manufacturing start-up Atomic Semi, developing 3D printing techniques aimed at making chip production faster and cheaper than conventional methods that used bulky, multimillion-dollar machines. Investors in the company,...


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Lawrence J. Lau is a Hong Kong economist specialising in economic development and East Asian economies. He was an economics professor at Stanford University in the United States before becoming vice-chancellor and president of the Chinese University of Hong Kong until 2010. Lau has held the Ralph and Claire Landau Professor of Economics chair at the university since 2007. For other interviews in the series, click here. SCMP Plus readers get early access to articles in the Open Questions series....


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The notion that China is flooding the world with excess industrial capacity is usually based on its massive surplus in goods trade, now standing at nearly US$1.2 trillion. That number is real, but treating it as proof of systemic overcapacity is not entirely correct. Goods trade is only one slice of China’s external balance, and it is increasingly offset by large outflows such as import of services and investment income payments. Moreover, China’s total current account surplus is US$657 billion...


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A key US congressional panel on Thursday advanced four Taiwan-related bills aimed at strengthening the island’s energy security, communications resilience and diplomatic influence as lawmakers ramp up efforts to counter Beijing ahead of President Donald Trump’s expected visit to China in April. The move by the US Senate Foreign Relations Committee reflects a broader trend in Congress, in which support for Taiwan often exceeds the administration’s position. Thursday’s coordinated action signals...


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