China News

China’s consumer prices rose for the fourth consecutive month in January – although at a slower pace – while the decline in factory-gate prices continued to narrow, in a tentative sign that deflationary pressures in the Chinese economy may be starting to let up. But analysts said a clearer picture of the outlook for inflation would only emerge in the coming months due to distortions caused by the Lunar New Year holiday, which typically brings a surge in demand that drives up prices. The national...

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Semiconductor Manufacturing International Corp (SMIC), China’s largest contract chipmaker, said it expected first quarter revenue to remain flat as a decline in low-end orders partly offset surging demand for memory chips for use in artificial intelligence applications. SMIC reported on Tuesday that 2025 revenue increased 16.2 per cent from a year earlier to US$9.3 billion, while net profit surged 39 per cent to US$685.1 million. The growth was mainly due to increases in wafer shipment and...

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China has achieved a breakthrough in its decarbonisation efforts by successfully repurposing a long-haul oil pipeline to transport carbon dioxide, in a trial run that offers a potentially scalable solution to accelerate the nation’s ambitious climate goals. The 27km (16.8-mile) route delivered carbon dioxide to an oilfield in central China’s Henan province earlier this month, according to China Oil and Gas Pipeline Network Corporation, also known as PipeChina. In an online statement, the...

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China has a few red lines. But if you respect them, life can be smooth and wonderful. China doesn’t care if you are Jewish, Muslim, Christian, Hindu or an atheist. It doesn’t care if your government is democratic, theocratic or dictatorial. If you want to do business, China is more than happy to partner with you. If you need aid, that’s fine; it won’t tell you what to do with the money or otherwise dictate your finances, so long as it sees some returns, whether commercial, strategic or...

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Chinese healthcare companies are looking to expand overseas to serve Chinese communities in regions such as the Middle East and Southeast Asia, where many mainland companies are setting up operations across sectors. “A wide range of Chinese companies are expanding overseas,” setting up local operations and bringing Chinese employees with them, said Philip Wang, CEO of Distinct Healthcare Holdings, in an interview on Monday. “Chinese expatriate workers are often not familiar with the local...

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Japanese Prime Minister Sanae Takaichi’s sweeping victory in Sunday’s snap election has sounded alarm bells in Beijing, which is wary that closer ties between Tokyo and Taipei could complicate its long-term objective of reunifying Taiwan. Beijing’s annual work conference on Taiwan affairs, held on Monday and Tuesday, came just after Japan’s lower-house election, in which Takaichi’s party secured a two-thirds supermajority. At the event, Wang Huning, the Communist Party’s fourth-ranked leader,...

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The balance of power in the Russia-China relationship has evolved to the point that Beijing is now the dominant partner and the primary threat to the United States, according to US Congressman Pat Fallon. Speaking at the Hudson Institute during a discussion about the first year of US President Donald Trump’s foreign policy, Fallon said while Russia and China have long had a strategic partnership, the world has now “seen that senior partnership shift”. “It was clearly the Soviets. Now it’s...

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Beijing came under sharp criticism on Tuesday at a highly contentious US Congressional hearing on the influence of foreign funds in US politics – but so did US President Donald Trump. The hearing by the powerful House Ways and Means Committee, which shapes tax and tariff legislation, comes amid deep partisanship and Trump’s declining popularity ahead of a November midterm election. “Tax-exempt organisations funded by foreign donors are exploiting very lucrative US tax benefits to incite violence...

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The United States is seeking a fair and enduring competition with China, along with strengthening its economic and political relationships with Latin America, US Treasury Secretary Scott Bessent said on Tuesday. He termed this the strategy of reducing vulnerabilities without cutting ties with Beijing. Speaking at an investor conference in Sao Paulo, hosted by the Brazilian bank BTG Pactual, Bessent said that Washington did not want to sever economic ties with China. Still, it was trying to...

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The South China Sea continues to act as a lightning rod for competing claims among regional powers. In the second of a three-part series, Fan Chen and Laura Zhou examine how frayed China-Philippines relations might create a ‘challenging context’ for Manila’s aims to finalise an effective and legally binding code. Read the first part of the series here. The Philippine push to seal a legally binding code of conduct in the South China Sea is more symbolic than achievable because of the deep-seated...

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China may surpass the US as the world’s biggest economy in a decade, and it could attempt to take Taiwan by force even though the US is likely to remain the strongest military power, a Washington-based think tank found in a survey with hundreds of geopolitical forecasters. 58 per cent of surveyed experts believed that China will be the world’s top economic power by 2036, while 33 per cent expected the US to maintain its economic dominance, according to a report published on Tuesday by the...

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Senior diplomats from China and India met in New Delhi on Tuesday for what Beijing described as a new round of strategic dialogue, emphasising the need to view each other as partners rather than competitors amid shifting global dynamics. India’s Foreign Secretary Vikram Misri hosted China’s Executive Vice Foreign Minister Ma Zhaoxu, who was in the country for the Brics Sherpa Meeting from February 8 to 10. The two sides’ readouts of the meeting, however, revealed a persistent gap in how the...

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Chinese scientists have helped create a new safety system for automated driving systems that can sometimes react to hazards more quickly than the human brain. The slower reaction time of machines compared with the human brain has been a long-standing safety concern. For example, an automated vehicle travelling at 80km/h (50mph) will take half a second to respond to a hazard in front of it, compared with the 0.15 seconds the human brain needs to react – meaning the vehicle will have travelled...

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On February 9, the High Court of the Hong Kong Special Administrative Region (HKSAR) of China sentenced Jimmy Lai, an instigator of anti-China riots in Hong Kong, to 20 years in prison. Lai was found guilty in December by the High Court of the HKSAR on two charges of conspiring to collude with external forces … Continue reading China says: Hong Kong has long returned to China and British colonial rule over Hong Kong has long ended

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President Yamandú Orsi of Uruguay recently paid a one-week state visit to China, becoming the first leader from Latin America and the Caribbean to do so in 2026. The visit coincided with the 38th anniversary of the establishment of bilateral diplomatic relations and with Uruguay’s assumption of the rotating chair of the Group of 77 … Continue reading China and Uruguay pledge closer bilateral and multilateral cooperation

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The biggest threat to middle powers in the artificial intelligence era is “digital colonisation” from expensive and proprietary AI stacks, an Indonesian telecoms executive has said, adding that China’s open-source sales pitch offers better protection for local sovereignty. The emphasis on localisation and digital sovereignty comes as major Chinese AI cloud providers look to compete with US rivals in fast-growing Southeast Asian markets such as Indonesia. “The world is moving out of proprietary...

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The United States has appeared “more threatening” over the past year, while perceptions of China have improved markedly in parts of the Western world, according to a global risk survey released on Monday. The same report, released in the lead-up to the Munich Security Conference (MSC) this week, also accused Beijing of “increasingly threatening regional stability” in the Indo-Pacific, while warning that US President Donald Trump’s “vacillating” China policy left Washington’s allies in the region...

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TikTok parent ByteDance has unveiled its latest generative artificial intelligence image model that it says undercuts the popular Nano Banana image editor from Alphabet’s Google, a fresh development that comes as China and the US intensify their AI competition. ByteDance’s new image model faced immediate competition from Alibaba Cloud, which also released its latest image-generation model, Qwen-Image-2.0, on Tuesday. Chinese short-video giant ByteDance said its Seedream 5.0 image model ships...

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Any coming high-level trade talks between Beijing and Washington will be in preparation for US President Donald Trump’s visit to China in April, analysts say, as both sides wish to keep a fragile trade truce intact, even though significant breakthroughs in the bilateral relationship remain up in the air. On Monday evening in the US, Secretary of the Treasury Scott Bessent posted on social media that senior Treasury staff had travelled to China last week, “to strengthen channels of communication...

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Indonesia, home to one of the world’s largest unbanked and underbanked populations, is pushing to enhance financial inclusion. “In Indonesia, the role of digitalisation is essential,” said Kartika Wirjoatmodjo, chairman of the board and president commissioner at PT Bank Rakyat Indonesia, at the China Conference: Southeast Asia 2026 in Jakarta on Tuesday. PT Bank Rakyat Indonesia is the oldest bank in the country and has made expanding financial inclusion in the Southeast Asian nation a top...

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After 156 days of hearings, Jimmy Lai Chee-ying’s case finally came to a close with the former media boss sentenced to 20 years of imprisonment. Western media and critics will no doubt say, what a harsh sentence for a “democracy advocate” and “freedom fighter”. However, Lai was not accused of fighting for freedom or demanding democracy in Hong Kong. His crimes were not even about his avowed hatred of the Communist Party. Western critics may be surprised to hear that hating the Communist Party is...

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Developing partnerships with Chinese corporations is crucial for Indonesia, especially in three main areas – turning waste to energy, smart grids and data centres – as China is at the forefront of such new technology, according to an executive of the Southeast Asian country’s sovereign wealth fund. Danantara Indonesia, the investment arm that consolidates and optimises the government’s investment to support national economic growth, has set its sights on cooperating with China to lower emissions...

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Elon Musk has pivoted from his long-standing focus on Mars, announcing an ambitious plan to set up a “self-growing city” on the moon in less than a decade. The plan could see Musk’s aerospace company, SpaceX, competing for prime space with China’s planned International Lunar Research Station, which Beijing aims to establish by 2035. While it is possible both the US and China could have bases on the moon within a decade, a space expert said it would require massive infrastructure that neither...

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The Shanghai Integrated Circuit Industry Investment Fund, backed by the municipal government, has expanded one of its three funds more than 11-fold to pump more capital into the financial hub’s chip firms as part of China’s broader pursuit of tech self-reliance. The third phase of the fund, also known as Shanghai IC Fund III, recently increased its registered capital by 5.5 billion yuan (US$794 million) to 6 billion yuan, according to business registry database Aiqicha. It added two new equity...

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