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2051
 
 

China is no longer using American software to run its power grid. The Southern Regional Electricity Market (SREM) – the largest unified power market on Earth – has switched fully to Tianquan, a home-grown solver developed by Chinese engineers with speeds 14 per cent faster than American products, according to a recent report by official newspaper Science and Technology Daily. This follows recent reports that the State Grid, Huawei and many other leading Chinese companies have abandoned US...


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2052
 
 

China reduced its US Treasury holdings in October to its lowest level in 17 years, as mounting concerns over US debt sustainability and the Federal Reserve’s independence further eroded confidence in dollar-backed assets. The country’s stockpile fell to US$688.7 billion in October, down from US$700.5 billion in September, according to US Treasury Department data released on Thursday. October’s figure was the lowest level reported since November 2008, and marked a plunge of more than 47 per cent...


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2053
 
 

We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing.

  1. China’s ultra-hot heat pump breakthrough paves way for melting ore with sunlight For over a century, the dream of efficiently concentrating low-grade heat into high-temperature industrial energy has been constrained by a stubborn...

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2054
 
 

As the United States undergoes a strategic shift in its global priorities, experts in China are pushing Beijing’s vision for a new world order – but they say the country must improve its messaging. Leading political scientist and government adviser Zheng Yongnian said China had two guiding principles: maintaining its agency while engaging with the world; and extending the ladder it climbed to help other nations ascend. Zheng made the remarks on Tuesday at the International Forum on Mutual...


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2055
 
 

US President Donald Trump on Thursday signed a sweeping defence bill that would restrict US outbound investment in Chinese technology and curb federal contracts with Chinese biotechnology companies, amid an uneasy trade truce between Washington and Beijing. The bill, known as the National Defence Authorisation Act (NDAA), cleared both the House of Representatives and Senate earlier this month after months of negotiation. The Senate passed the bill on Wednesday in a 77-20 vote, following its...


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2056
 
 

Chinese scientists have unveiled an optical computing chip that outperformed Nvidia’s leading AI hardware by over a hundredfold in speed and energy efficiency – particularly for generative tasks such as video production and image synthesis. The LightGen chip was developed by a team from Shanghai Jiao Tong University and Tsinghua University, harnessing the speed of light to execute complex artificial intelligence workloads. With more than 2 million photonic neurons integrated into a compact chip,...


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2057
 
 

China is gaining a solid reputation as a pharmaceutical innovation hub, shifting from a copycat drug maker to one whose infrastructure and research and development capabilities rival global pharmaceutical behemoths, according to a global consultancy. US-based SAI MedPartners and its unit Idea Pharma recently launched a new index with the aim of highlighting Chinese drug makers and recognising their shift from generics to “true” innovation. The consultancy released the China Pharmaceutical...


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2058
 
 

In a landmark move that ends years of legal and political uncertainty, TikTok CEO Shou Zi Chew informed employees on Thursday that the company has signed a binding agreement to sell its US operations to a consortium of American investors. The deal, which has received the backing of President Donald Trump, effectively averts a looming nationwide ban and secures the platform’s future for its 170 million American users. The new entity, a TikTok US joint venture, is set to officially close on...


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2059
 
 

China is estimated to have secured more than half of the 12 million tonnes of soybeans that Washington says Beijing committed to purchase by early 2026, based on US government data and market conventions that analysts say usually indicate China, though little has been shipped so far, heightening concerns over potential cancellations. While the US Department of Agriculture (USDA) has officially documented nearly four million tonnes in sales explicitly to China, three million tonnes currently sit...


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2060
 
 

The US State Department’s approval this week of a US$11.1 billion weapons package for Taiwan – reportedly the largest in the island’s history – dovetails with Taipei’s effort to show US President Donald Trump it is doing more to defend itself, even as it shifts towards a less conventional “porcupine” strategy, analysts said. “These are asymmetric weapons that are focused on bolstering the capability of Taiwan’s military to prevent a PLA invasion,” said Bonnie Glaser, vice-president of the German...


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2061
 
 

The United States on Thursday underscored its maritime security partnership with Panama, as a high-stakes dispute involving China, US investors and a Hong Kong conglomerate continues to cloud the future ownership of key ports at the Panama Canal. US Ambassador Kevin Cabrera boarded the US Coast Guard cutter Alert during a port visit in Panama City, praising joint operations ranging from counter-narcotics missions to search-and-rescue efforts carried out with Panama’s Ministry of Public...


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2062
 
 

Historians are likely to point to 2025 as the watershed in China’s 21st century ascent, a year in which the People’s Liberation Army’s power projection matured across all domains, resetting the global balance of power. This seismic shift is underscored by an unmistakable admission: the US has formally acknowledged the limits of its global reach in its new national security strategy and begun a strategic recalibration away from undisputed hegemony. These military and strategic realities are...


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2063
 
 

It has been a turbulent year for the fraught US-China relationship. In the fourth part of a series looking back at the events of 2025, we examine the impacts of Trump’s foreign policy on global geopolitics. As the administration of US President Donald Trump ends its first year, expect the unabashed disrupter to continue applying a wrecking ball to long-standing US national security architecture, threatening global stability and jolting long-time allies, with China a major beneficiary, say...


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2064
 
 

China’s Ministry of Commerce has expressed strong opposition to recent European Union investigations into Chinese companies and vowed to use necessary means to defend their rights. “The European Union has recently launched a series of Foreign Subsidies Regulation (FSR) investigations targeting Chinese enterprises … such actions are egregious, with clear targeting and discriminatory intent,” ministry spokesman He Yadong said during a press conference on Thursday. Last week, Brussels launched an...


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2065
 
 

Beijing confirmed on Thursday that it has begun granting general licences with lengthier terms for exports of rare earth elements to foreign companies, though business groups said more guidance was needed on the policy’s implementation. “With the accumulation of relevant export compliance experience, some exporters have initially met the basic requirements to apply for general licences,” said He Yadong, a spokesman for the Ministry of Commerce (Mofcom), at a press conference. “To my knowledge,...


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2066
 
 

Beijing has condemned Washington for its decision to sell about US$11 billion in weapons to Taiwan, calling it a grave violation of its sovereignty and a dangerous signal to separatist forces. Taiwan Affairs Office (TAO) spokesman Chen Binhua said on Thursday that the sale amounted to “flagrant interference in China’s internal affairs”. Chen said it also “gravely violates” the one-China principle and the provisions of the three China-US joint communiques, particularly the August 17 communique –...


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2067
 
 

Alibaba Group Holding is folding its mapping and navigation platform Amap into its Qwen artificial intelligence app, in a tie-up the company says will sharpen Qwen’s real-world “life services” just weeks after the app’s debut. The integration, announced on Thursday, lets Qwen users handle travel and lifestyle requests – from restaurant and hotel recommendations to route planning and turn-by-turn navigation – in a single conversational interface. Alibaba owns the South China Morning Post. Alibaba...


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2068
 
 

The US Congress passed its annual defence bill on Wednesday, easing concerns among researchers by dropping a controversial proposal targeting US-China scientific collaboration, even as it imposed new restrictions on Chinese biotechnology companies. The SAFE (Securing American Funding and Expertise from Adversarial Research Exploitation) Research Act would have denied federal funding to any US researcher working with scientists from China and several other countries, but it did not make it into...


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2069
 
 

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing.

  1. As trade deficit mounts, is EU offering China what it wants to buy? Facing an ever-increasing trade deficit with China, Europe has limited options to balance the situation in the short term even though it still holds an edge in key sectors including pharmaceuticals, machinery and components, analysts said.
  2. China FM Wang Yi reaffirms Beijing’s backing for...

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2070
 
 

In a landmark achievement for brain-computer interface (BCI) technology, scientists with the Chinese Academy of Sciences have enabled a paralysed man to control smart wheelchairs, robotic dogs and even perform paid work – all through the power of thought. Announced by the Centre for Excellence in Brain Science and Intelligence Technology (CEBSIT) this week, the development is the first time an individual with a high-level spinal cord injury has achieved stable, real-world control of multiple...


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2071
 
 

A Chinese court has convicted 27 individuals of smuggling more than 166 tonnes of antimony, a critical mineral used in weapons, semiconductors and flame removedants, in a significant enforcement action under Beijing’s tighter export controls for dual-use items. The Shenzhen Intermediate People’s Court in Guangdong province ruled that the group had illegally shipped the critical mineral without obtaining export licences, according to a statement released on Tuesday. Lead defendant Wang Wubin was...


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2072
 
 

Beijing sent a special envoy to Thailand and Cambodia on Thursday for peace mediation efforts after the two Southeast Asian neighbours engaged in another major exchange of fire. “As a close neighbour and friend of Cambodia and Thailand, China closely follows the ongoing border conflict between the two countries and has shuttled between the two sides to promote peace,” China’s Ministry of Foreign Affairs announced in a statement on Wednesday. “Through its own way, China has been working actively...


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2073
 
 

China’s military mouthpiece aimed its rhetoric at Japan’s space ambitions and its new intelligence unit on Thursday, accusing Tokyo of embarking on a space arms race and undermining regional security. The criticism in two articles in the PLA Daily is the latest salvo in a diplomatic dust-up over the past month that has involved near-daily rebukes from Beijing. In one of the articles, two researchers from the People’s Liberation Army’s Space Engineering University in Beijing accused Japan of...


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2074
 
 

Late last year, as European Commission President Ursula von der Leyen began her second term in office, a giant purple banner was draped over the side of the EU executive arm’s headquarters, declaring: “United for our Future, 2024-2029.” While unity among the EU’s 27 member states has always been elusive, it has rarely been more critical. Its leaders will gather on Thursday to try to round off the year with a collective bang, but there is growing fear it will end with a series of disparate...


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2075
 
 

China extended its support to Venezuela and opposed “unilateral bullying” in a foreign ministers’ phone call on Wednesday amid rising US pressure on the South American country. Foreign Minister Wang Yi told his Venezuelan counterpart Yvan Gil that China and Venezuela were strategic partners and that mutual trust and support were a tradition of bilateral ties. In a veiled swipe at the US, Wang said “China opposes all forms of unilateral bullying and supports countries in safeguarding their...


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