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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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A growing debate in France over raising tariffs on China heated up on Monday, with a senior minister calling for a targeted approach even as a government planning agency proposed a blanket 30 per cent duty on all Chinese imports entering the European Union. Finance Minister Roland Lescure said China’s large trade surplus with Europe was “unsustainable”, but insisted there was no “one-size-fits-all answer” on tariffs and that Paris would need to continue engaging with Beijing to make...

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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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Cambodia continues to work with China, the US and Britain on the case of Chen Zhi, the billionaire businessman accused of masterminding a vast network that scammed billions from victims around the world, according to a government minister in Phnom Penh. “We are collaborating with the US, China and also the UK,” said Chhay Sinarith, a senior minister who is also in charge of the country’s Committee for Combating Technology Crimes, in an interview with the South China Morning Post on Monday. Chen,...

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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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Japanese Prime Minister Sanae Takaichi's landslide election victory has dimmed hopes that ties between Tokyo and Beijing will significantly improve in the near term, analysts and businesspeople said, though some expect tensions to stabilise over time. Her ruling coalition secured the win on Sunday, strengthening the hand of a leader who infuriated Beijing by outlining how Tokyo might respond to a mainland attack on Taiwan. Enterprises caught in the middle of the dispute would have to tread...

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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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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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As the Year of the Snake ends, more than 9 billion passenger journeys will unfold during China’s Spring Festival travel period, the greatest annual human migration on Earth. For some, these are the only few weeks in the year when families are together. For many, this is a period when they can find temporary relief from loneliness – from the striving and adjusting, even if not yet assimilating, in the cities where they work, far from their hometowns. The lucky ones, who can make ends meet and are...

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China should consider delaying US President Donald Trump’s visit to the country and inflict “harsh” punishments on Panama after it stripped a Hong Kong-based conglomerate of its control of the canal, a legal analyst has said. Tian Feilong, vice dean of the law school at Minzu University, also said Beijing should impose “institutional” punishments on US “proxies” in the Latin American country and impose secondary sanctions on relevant American parties. By “squeezing” China out of Latin America,...

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Chinese authorities say their investigation of a high-profile scandal in one of the country’s leading state-run museums has revealed there was systemic mismanagement and alleged corruption decades ago that allowed national treasures to be funnelled into the private art market. The scandal unfolded in late December when Nanjing Museum in eastern Jiangsu province was alleged to have secretly sold donated paintings after the artworks were mishandled by a former director. The controversy centres on...

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More than a month after China’s central bank upgraded the digital yuan from a cash equivalent to “digital deposit money” – allowing it to accrue interest like a bank deposit – many residents and merchants in Beijing have yet to notice a major difference. While signs accepting digital yuan – also known as e-CNY – have long been commonplace in department stores and supermarkets, multiple sales staff said the dedicated point-of-sale machines had sat idle for months, if not years. At most wet...

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China has almost finished building the US$10 billion Pinglu Canal to deepen trade ties between its southwestern provinces and Southeast Asia. Now, it is considering an even more ambitious – and expensive – project further inland. The Xianggui Canal would be a 300km (186 mile) waterway that effectively acts as an extension of the new Pinglu Canal, giving cities right at the heart of the Chinese interior direct access to the Gulf of Tonkin, known in China as the Beibu Gulf. Like the earlier...

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With China explicitly banning onshore tokenisation of real-world assets (RWAs) while tightening scrutiny of related offshore activities, analysts say the clampdown is aimed at curbing financial fraud and disorderly capital outflows, while still preserving space for regulated innovation in markets such as Hong Kong. Tokenisation refers to the process of converting the rights to an RWA – including real estate, art, bonds and commodities like gold – into a digital token. Such tokens represent...

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Chinese self-driving technology firm Pony AI has started mass production of a robotaxi co-developed with Toyota, taking an important step forward in commercialising autonomous cabs worldwide. The Guangzhou-based company said on Monday that 1,000 driverless cabs of this kind would roll off the production line this year, to be deployed in top-tier mainland Chinese cities. The cars will reinforce Pony AI’s plan to operate a total robotaxi fleet of more than 3,000 units in various mainland and...

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China’s AI sector is bracing for a monumental week, with a flurry of new models – including a potent “stealth” contender – emerging as domestic tech giants prepare to unveil their flagship products. The race to release new models ahead of the Lunar New Year holiday underscores the intense global competition between frontier companies for users’ attention amid a rapid acceleration of AI progress at the start of 2026, following high-profile releases from US heavyweights Anthropic and OpenAI. On...

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Chinese onshore investors raised their investments in Hong Kong-listed drug makers through the cross-border trading link over the past week, as a wave of out-licensing deals between Chinese pharmaceutical firms and global partners rolls on. The Hang Seng Southbound Connect Hong Kong Innovative Drug Index, which tracks around 40 of the largest Hong Kong-listed Chinese drug manufacturers, biotech researchers and AI-driven drug developers by market capitalisation, rose about 9 per cent between...

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Stock exchanges in Shanghai, Shenzhen and Beijing – the three major bourses in mainland China – announced a package of measures on Monday to fast-track fundraising for cutting-edge firms amid the country’s self-reliance push in tech. The three operators said they would shorten waiting periods for listed technology firms filing for refinancing or post-initial-public-offering (IPO) fundraising activities, cutting the refinancing interval to as little as six months, according to state news agency...

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