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2301
 
 

At least 12 people have died in a fire at a residential building in southern China, the first major incident of its kind in the mainland since last month’s Hong Kong blaze. The fire broke out at around 9.20pm on Tuesday in Shantou in Guangdong province and was put out about 40 minutes later, according to state news agency Xinhua. The building was a four-storey reinforced concrete structure and about 150 square metres (1,600 square ft) were affected by the fire, local authorities said. An...


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2302
 
 

Chinese who came of age during the country’s economic boom are less supportive of liberal democratic values than older generations, contradicting the predictions of Western policymakers and academics. A study by scholars based in China and Britain found that Chinese people born after 1990 were “less likely to support democratic values than the older generation”, despite greater economic security and “a higher level of post-materialist values”. The paper, published online by the Journal of...


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2303
 
 

China has activated what may be the world’s largest distributed AI computing pool alongside a high-speed data network that has been planned for more than a decade, according to an official state newspaper. It said this optical network linked computing centres separated by distance so they could work together almost as efficiently as a single giant computer. The computational efficiency of a 2,000km (1,243-mile) wide computing power pool formed via this network could reach 98 per cent of that of...


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2304
 
 

US pharmaceutical behemoth Pfizer has agreed to pay up to US$2.1 billion to Shanghai-based Fosun Pharma’s unit Yao Pharma for an experimental oral obesity drug, underscoring the growing trend of Chinese drug makers selling early-stage assets to global multinationals. Under the licensing agreement, Yao Pharma would grant Pfizer an exclusive worldwide licence for the development, use, manufacturing and commercialisation of oral small-molecule drugs known as GLP-1 receptor agonists, including...


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2305
 
 

China’s consumer prices rose for a second straight month in November, with inflation hitting its highest level in nearly two years, in a tentative sign that the country’s persistent deflationary pressure may be starting to ease. The national consumer price index (CPI), a major gauge of inflation, rose 0.7 per cent year on year last month, the largest increase recorded since early 2024, according to data released by the National Bureau of Statistics on Wednesday. The reading was slightly above...


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2306
 
 

A new report recommends European companies diversify away from overreliance on China and the US, as companies find themselves squeezed between Beijing’s preferential policies for local companies and Washington’s trade volatility. The European Union Chamber of Commerce in China advised companies to “eliminate single-source dependencies on both China and the United States where possible” in a report on supply chain dependencies released on Wednesday. “We are probably only seeing the very tip of...


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2307
 
 

Alibaba Group Holding said on Tuesday that it will set up a new division to push the consumer use of artificial intelligence applications based on its Qwen family of large language models. The new business unit, Qwen Consumer Business Group, led by Alibaba vice-president Wu Jia, will oversee the Qwen chatbot app, the Quark AI assistant and cloud drive, AI hardware products, the UC Browser and the online reading platform Shuqi. The move marked a significant organisational change at Alibaba to...


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2308
 
 

The global artificial intelligence community’s attention was recently focused on DeepSeek’s latest open-source model, Math-V2, the first open-source AI model to score a gold medal-level performance at the International Mathematical Olympiad. But while California might hone in on the test scores, Jakarta and Nairobi are looking at something else entirely. For the Global South, the critical question is more likely to be whether that reasoning capability can optimise fertiliser distribution in a...


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2309
 
 

Guangdong, China’s largest provincial economy, has vowed to double its economy by 2035 from 2022 levels, in line with the central government’s target of becoming a medium-level developed country by that year. “Looking ahead, from the 20th National Congress of the Communist Party (in 2022) to 2035, Guangdong aims to achieve socialist modernisation and build a modern, new Guangdong within 13 years,” provincial authorities said in their five-year plan proposals released on Monday. “By that time,...


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2310
 
 

Japan is likely to become the “most serious and direct” threat to both China and Russia in the Asia-Pacific, a former Chinese diplomat and foreign ministry official has warned. Wu Hailong, assistant minister of foreign affairs from 2009 to 2011, now heads the semi-official China Public Diplomacy Association. Russia should factor in the challenge from Japan, he told a forum in Beijing last week. “When discussing China-Russia relations, I cannot avoid mentioning the Japan factor,” Wu said,...


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2311
 
 

Deep Robotics – one of the “Six Little Dragons” from Hangzhou, the capital of eastern Zhejiang province – on Tuesday said it had raised 500 million yuan (US$70 million) in fresh funding from a group of Chinese investors. According to the company’s statement, its latest round of financing was led by CMB International, China Asset Management and funds under state-owned telecommunications network operators China Telecom and China Unicom. Deep Robotics founder and CEO Zhu Qiuguo, who also serves as...


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2312
 
 

Lawmakers from both parties are warning that Chinese criminal groups have helped build what officials call a “Silk Road of crime”, a global network that launders Latin American cartel profits and supplies the chemicals used to make fentanyl bound for the United States. At a Senate hearing on Tuesday, members of the Caucus on International Narcotics Control said Chinese money brokers and Latin American cartels have merged their operations into a system that blurs the line between trade and...


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2313
 
 

China and Hong Kong stocks could deliver nearly 20 per cent gains in 2026, supported by resilient global growth, improving earnings and easing competition among e-commerce giants, according to JPMorgan. The bank expected the MSCI China Index to rebound further as valuations normalised and Beijing’s push to curb excess capacity boosted profitability across key sectors, said Wendy Liu, chief China equity strategist at JPMorgan. “Earnings are giving us confidence,” Liu said during a media briefing...


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2314
 
 

Don’t bring a knife to a gunfight, they say. Alas, the Dutch government has been a slow learner. No matter, the Nexperia debacle has shown how some European states have been too compliant with the United States and defiant with China. They don’t seem to realise they are little better than pawns in US President Donald Trump’s America. “Model allies that step up … will receive our special favour,” US Defence Secretary Pete Hegseth declared at the 2025 Reagan National Defence Forum in California...


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2315
 
 

When a European start-up developed a breakthrough technology capable of transforming low-grade bauxite – once considered waste – into high-quality feedstock for aluminium production, they announced it at an industry conference in Miami, United States. The innovation not only promises to revive exhausted mines, but also opens a new door to extracting critical minerals and rare earth elements essential for semiconductors, electric vehicles and national defence. With Western governments from...


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2316
 
 

China on Tuesday released more details about Saturday’s mid-air stand-off between Chinese and Japanese fighter jets, as the two sides traded barbs over the radar lock-on incident amid rising tensions. The Japanese Defence Ministry claimed the Chinese ship-based J-15 fighters from aircraft carrier Liaoning had locked fire-control radars on Japan’s F-15 jets in the international airspace near Okinawa. Chinese Foreign Ministry spokesman Guo Jiakun stated on Tuesday that it is “standard practice for...


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2317
 
 

Yuanxin, a 6-year-old immigrant from China who was detained and separated from his father, Fei Zheng, over the Thanksgiving holiday in New York City, was finally allowed to speak with his parent by phone this past weekend. Jennie Spector, who has been supporting the family since July, described the call as a “very good development”. She said a US Immigration and Customs Enforcement (ICE) officer at the Orange County Correctional Facility in upstate New York, where Zheng is being held, made it...


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2318
 
 

The People’s Liberation Army is testing what could be the world’s first portable quantum radio device in its border patrol troops, according to the official Science and Technology Daily. The PLA’s Information Support Force said its miniaturised prototype of quantum communication, weighing 3kg (6.6lbs), had successfully received radio signals from tens of kilometres away. The team was able to read lines of decoded information, the newspaper reported last Thursday. “This successful experiment will...


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2319
 
 

US President Donald Trump’s green light for Nvidia to sell H200 artificial intelligence (AI) chips in China signals a calculated shift to export older technology, according to analysts who see the move as aiming to fortify the US market share while dampening China’s urgency for self-reliance. But some predict an ongoing policy tug of war in the US between advocates of this week’s relaxation and those who prefer continued tight restrictions on hi-tech gear shipped to China. Trump said on Monday...


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2320
 
 

Taiwan has moved to deter what it sees as an alarming rise in deliberate damage to its undersea cables, revising its laws to impose stiffer prison sentences of up to seven years. The legal changes approved on Tuesday by Taiwan’s legislature came as the island accuses Beijing of sabotaging its submarine cables, describing such acts as “grey-zone” pressure tactics. Mainland authorities have strongly denied any involvement, calling the incidents “common maritime accidents” and accusing Taipei of...


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2321
 
 

China’s artificial intelligence developers are expected to welcome Washington’s go-ahead for Nvidia to ship its H200 AI chips to approved customers on the mainland, according to analysts, even as Beijing continues to drive the country’s tech self-sufficiency efforts. In a post on his Truth Social platform on Monday, US President Donald Trump said he had informed his Chinese counterpart, Xi Jinping, of that decision “under conditions that allow for continued strong national security”. Xi had...


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2322
 
 

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. Tokyo ‘closely monitoring’ backlash from China, Japanese PM tells lawmakers One month after the Taiwan contingency remarks that set off the diplomatic firestorm with China, Japanese Prime Minister Sanae Takaichi said Japan would “closely monitor” the situation and respond appropriately.
  2. Taiwan RedNote ban backfires, driving mainland Chinese app’s top...

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2323
 
 

A prominent economist has dismissed the “China threat” phenomenon as a “complete mislabelling”, arguing that the country has instead supported the global diffusion of technology by significantly lowering costs through production at scale. Speaking at a summit on Tuesday, Jin Keyu – a professor of finance at the Hong Kong University of Science and Technology – also said China’s proposals for its next five-year plan indicate Beijing recognises the need to rebalance its economy and better harmonise...


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2324
 
 

Beijing and Tokyo’s war of words over Taiwan was expected to be bad news for Japanese businesses in China. Previous diplomatic flare-ups have brought waves of online vitriol, protests and boycotts. But at a Japanese-invested luxury department store in China’s eastern Zhejiang province, the outlet’s executives seemed largely unruffled. They are already well versed in riding out tense political situations. The billion-dollar project – which is operated by a major Japanese retail group – had a...


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2325
 
 

Hong Kong tycoon Victor Fung Kwok-king former chairman of supply chain management conglomerate Fung Group, warned on Tuesday that consumers around the world will ultimately bear the cost of a de facto 20 per cent tariff in global trade. Speaking at the Global Supply Chain Business Summit 2025 held by the Hong Kong University of Science and Technology’s Li & Fung Supply Chain Institute, the 80-year-old said the global trading environment was converging towards an average tariff rate of about 20...


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