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The world’s two largest powers signalled at least 14 months of likely stability in US-China relations following a pivotal summit between Chinese President Xi Jinping and US President Donald Trump – and hinted they would meet “regularly”, setting the stage for more encounters next year. With a trade deal expected to be signed as soon as next week, Beijing and Washington reached a truce on thorny issues ranging from soybeans and rare earths to fentanyl during talks that highlighted the personal...

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Brazil’s soybean producers are downplaying concerns over a freshly minted US-China trade agreement that will see Beijing resume large-scale purchases of American soybeans, insisting the 12 million tonnes (13.23 million tons) pledged represents routine seasonal trade rather than a market upheaval. Mauricio Buffon, president of Brazil’s Soybean Producers Association (Aprosoja), said the volume announced by Washington and Beijing on Wednesday should not alarm Brazilian exporters, framing it as part...

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Robot dogs might not be able to survive a potential assault on Taiwan, based on the results of an amphibious landing exercise carried out by the People’s Liberation Army and broadcast in a documentary aired by state broadcaster CCTV. The four-legged robots, loaded with explosives, were released by the first wave of landing forces in the exercise. They ran across ditches, blocks and barricades on the beachhead in an attempt to clear a passage for the penetration of the enemy defensive line. At...

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Pang Zhibo, a leading expert on industrial chips and robots with high-end manufacturing giant ABB in Sweden, has returned to China and joined Peking University as a fully tenured professor. As ABB’s senior principal scientist, Pang was second only to the company’s chief technology officer – who personally appointed him – and oversaw more than 800 developers and 80 technical products globally across all business areas. The Swiss-Swedish multinational, best known for robotics, motors, energy and...

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Ultra-high-net-worth (UHNW) families are putting greater focus on legacy planning to create sustainable impact for future generations amid growing uncertainty and vast fortunes shifting to younger heirs, according to participants in a Standard Chartered event in Dubai focused on family offices. The emphasis among such families was changing from wealth preservation towards a strategic repositioning of family-office locations, governance structures, succession planning and decision-making,...

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Indonesia is still “considering” acquiring Chinese J-10 fighter jets, but no decision has been made yet, according to Jakarta’s Ministry of Defence, clarifying earlier reports that the country was set to buy up to 42 units to modernise its military. “It’s still being analysed and reviewed. At the moment, we are considering all platforms that can fulfil our need to help guard our sovereignty and territorial integrity,” ministry spokesman Brigadier General Frega Wenas Inkiriwang said. On October...

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Developer China Vanke reported a deeper third-quarter loss, highlighting mounting challenges as the prolonged property market downturn continues to weigh on its sales. The Shenzhen-based company posted a loss of 16.1 billion yuan (US$2.3 billion) in the three months ended September 30, roughly doubling its loss from a year earlier. That brings its combined losses for the first nine months of the year to 28 billion yuan, according to a statement to the Shenzhen exchange on Thursday. Persistent...

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Few moments in US history have tested academic freedom as much as the present, with US President Donald Trump’s administration releasing a 10-point Compact for Academic Excellence in Higher Education. What started as bureaucratic proposals have hardened into a national doctrine tying federal funding to political conformity. It is changing the nature of US universities and reshaping international education options. The plan, initially sent to nine universities, proposed conformity with certain...

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Brunei has officially adopted China’s civil aviation certification standards, easing access for Chinese-built aircraft such as the narrowbody C919 jet into the wealthy Southeast Asian market while serving as a potential model for how the planes could expand their international reach. Brunei accepted the airworthiness code of the Civil Aviation Administration of China earlier this month, the Chinese embassy in Brunei said on Monday on its website, citing the equatorial country’s Department of...

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Leading artificial intelligence models from the United States and China are “highly sycophantic”, and their excessive flattery may make users less likely to repair interpersonal conflicts, a new study has found. The study by researchers at Stanford University and Carnegie Mellon University published earlier this month tested how 11 large language models (LLMs) responded to user queries seeking advice on personal matters, including cases involving manipulation and deception. In AI circles,...

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1. Trump hails ‘great success’ as Xi talks raise hopes of easing US-China tensions China and the United States have reached a truce on thorny issues ranging from soybeans and rare earths to fentanyl, following Thursday’s meeting between Presidents Xi Jinping and Donald Trump.
2. ‘Amazing’ Xi-Trump summit, as it happened – deals struck as trade war thaws Catch up on our live coverage of Xi and Trump’s first in-person meeting since the latter’s return to the White House.
3. 5 takeaways from the...

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Few areas of China reflect the country’s decades-long economic transformation more vividly than its cities. Rapid development has turned villages into dense urban landscapes and already sizeable metro areas into some of the world’s largest population centres. As the rate of urbanisation slows and the country transitions into a new economic era, we explore how select Chinese cities are navigating the change. Read the rest of our series here. In a remote corner of China’s southwestern Guizhou...

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In a stark departure from past China-US summits, Taiwan did not rate a mention on Thursday, prompting speculation that Xi Jinping and Donald Trump had arrived at a tacit and pragmatic understanding to deprioritise the contentious issue. Taiwan – regarded by Beijing as a core interest and “the first red line that cannot be crossed” in bilateral relations – has in recent years occupied a few lines in official readouts following face-to-face meetings between the countries’ leaders, but not in...

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After months of threats, chest-thumping and uncertainty, the world breathed a collective sigh of relief on Thursday after a meeting between US President Donald Trump and Chinese President Xi Jinping teased at least temporary relief on a host of bilateral trade irritants. US Treasury Secretary Scott Bessent announced that China had agreed to buy 12 million metric tons (13.28 tons) of soybeans this year and at least 25 million annually through 2028, a key issue for anxious US farmers after Beijing...

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The Dutch government is under renewed pressure to end its seizure of the Chinese-owned, Netherlands-based semiconductor company Nexperia, after Washington agreed to suspend its updated export control rule for one year. After a meeting between Chinese President Xi Jinping and his US counterpart Donald Trump on Thursday, China’s Ministry of Commerce said Washington would temporarily halt the implementation of its so-called 50 per cent subsidiary rule. Introduced in late September, that rule...

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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. ‘Amazing’ Xi-Trump summit, as it happened – deals struck as trade war thaws Chinese President Xi Jinping has held talks with his American counterpart Donald Trump, their first in-person meeting since Trump’s return to the White House, as the rivals seek to manage heightened tensions, particularly over trade.
2. ‘Positive step’: cautious relief as China...

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Amid the apparent absence of a concrete deal being reached with Washington on one of Beijing’s long-standing points of trade contention – export controls on the most advanced semiconductors – analysts say it reflects China’s increasing resolve to become more independent from the US. After a meeting with President Xi Jinping in South Korea on Thursday morning, US President Donald Trump said the two sides “did discuss chips”. “China is going to be talking to Nvidia and others about taking chips …...

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Police in Shenzhen, the technology hub in southern China’s Guangdong province, have smashed a syndicate selling counterfeit imported chips to mainland manufacturers, according to local media, exposing an underground market for high-end semiconductors amid US export controls. The syndicate’s modus operandi was to collect discarded chips, which were laser-polished and relabelled, and sold as imported products from Infineon Technologies, Texas Instruments and Analog Devices, according to a report...

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China and the United States have reached a truce on thorny issues ranging from soybeans and rare earths to fentanyl, following Thursday’s meeting between Presidents Xi Jinping and Donald Trump in South Korea. Trump hailed the talks at the Gimhae Air Base in Busan as a “great success” and said he had agreed to visit China in April. He added that Xi would visit the US “some time after that”. The summit may help the two countries’ relationship enter a “more constructive phase” following a series of...

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South Korean President Lee Jae-myung said Seoul aimed to work with Beijing to advance practical cooperation in trade, supply chains and people-to-people exchanges to improve ties based on “friendly competition” and “equal cooperation”. Lee made the remarks in an interview with China’s state-run Xinhua news agency published a day ahead of Chinese President Xi Jinping’s arrival in the South Korean city of Busan on Thursday. This marks Xi’s first visit to South Korea in 11 years, following his last...

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This article was first published on October 29, 2015 by Cary Huang China puts an end to its one-child policy The main­land will abol­ish its dec­ades-old, con­tro­ver­sial one-child policy and allow all couples to have two chil­dren, Com­mun­ist Party lead­ers said on October 29, 2015 after they wrapped up a four-day annual poli­cy­mak­ing meeting. The fifth plenum of the party’s 18th Cent­ral Com­mit­tee also endorsed a new five-year eco­nomic plan, accord­ing to a communique released by...

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Meituan expects to raise US$3 billion from a dual-currency bond offering, as the Chinese on-demand delivery giant looks to bolster its war chest to stave off the challenge from rivals led by Alibaba Group Holding and JD.com. The Beijing-based company will offer US$1.99 billion in greenback-denominated bonds and 7.08 billion yuan (US$1 billion) of notes in the local currency, according to its statement to the Hong Kong stock exchange on Wednesday. Meituan said it had signed an agreement with...

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In a major leap for the global semiconductor industry, a joint Chinese research team has developed a method that can slash defects in lithography – a critical step in chipmaking – by up to 99 per cent. The researchers achieved unprecedented clarity by using cryo-electron tomography (cryo-ET) to pinpoint, for the first time, the minute sources of common manufacturing flaws. The findings, published in the journal Nature Communications on September 30, by Professor Peng Hailin from Peking...

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The high-stakes summit between Chinese President Xi Jinping and his US counterpart, Donald Trump, took place in Busan, South Korea, on Thursday and lasted 100 minutes. It marked their first in-person meeting since Trump returned to the White House for his second presidential term, having last met in 2019.

1. Personal warmth on display The two exchanged cordial greetings and praised each other. Trump called Xi his “friend”, describing Xi as a “very distinguished and respected president” and “a...

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Chinese electric vehicle (EV) maker BYD recorded surging sales in Europe last month after it launched more models and expanded its sales network, narrowing its gap with market leader Tesla. The Shenzhen-based carmaker racked up 24,963 new-car registrations in Europe in September, nearly five times its deliveries of 5,013 units a year ago, according to data from the European Automobile Manufacturers Association, known as the ACEA. The association tracks vehicle sales across the European Union,...

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