China hints Fujian aircraft carrier may soon be commissioned

The Fujian, China’s most advanced aircraft carrier, is expected to be commissioned soon based on new images circulating on social media. Advertisement On Monday state media dropped another hint that the ship would soon be entering service by referring to an “era” when the Chinese navy would have three carriers. New satellite images of the ship circulating on social media showed 36 newly painted spaces on the flight deck for warplanes, a higher capacity than the country’s two existing carriers. Song Zhongping, a military commentator and former PLA instructor, said…

India’s air crash committee: too little, too late?

This article is an on-site version of the India Business Briefing newsletter. To receive it in your inbox regularly, sign up if you’re a premium subscriber, or upgrade your subscription here. Good morning. Prime Minister Narendra Modi will meet his new Canadian counterpart Mark Carney later today on the sidelines of the G7 global summit. This is an important meeting as the two countries attempt to reset ties after the fallout over the killing of Hardeep Singh Nijjar in 2023. We will keep an eye on the developments there. In today’s…

Australian shipbuilder says it would be ‘strange’ if government approves Korean takeover

Stay informed with free updates Simply sign up to the Aerospace & Defence myFT Digest — delivered directly to your inbox. Australia’s largest shipbuilder has said it would be a “strange outcome” if the government allowed it to be taken over by a South Korean company, given Canberra’s focus on rebuilding the country’s defence and manufacturing capabilities. Hanwha, South Korea’s biggest defence group, has purchased a 9.9 per cent stake in Perth-based Austal after making multiple unsuccessful offers for the business in the past two years. It has also acquired…

Will China’s ‘emergent’ jobs help its youths find stable work?

The city of Xian in western China – renowned as the country’s ancient capital and home of the Terracotta Army – has long been a prime destination for tourists from home and abroad. But Chang Youli, a stylist of traditional Chinese clothing (hanfu) based in the city, has noticed many people are joining her trade to cater to a particular type of traveller. Advertisement “Thanks to government promotions, the tourism industry here has grown, and more people are coming to experience hanfu,” said Chang, who now runs her own make-up…

China internet pioneer urges students to put off graduate school, start-up plans

Advertisement Citing his own experiences, Zhang said his postgraduate degree did not contribute much when he set up and began running his own company, according to his Saturday interview with Rupert Hoogewerf, chairman and chief researcher at Hurun Research Institute, which was posted on ByteDance’s Douyin platform. Hoogewerf’s Hurun is best known for the Hurun Rich List, an annual ranking of the world’s wealthiest individuals and most successful entrepreneurs. Zhang, 60, suggested that college graduates can “think about starting some business”, as they gained know-how from working at a company.…

China attains leverage in trade war on the back of its trump card, rare earths.

The United States remains a dominant power in finance, while China has a pre-eminent position in the global industrial supply chain. Advertisement Rare earths are vital components in a vast array of modern technologies, from consumer electronics such as smartphones to the batteries of hybrid and electric vehicles, as well as medical equipment like magnetic resonance imaging machines and military applications including fighter jets and precision-guided missiles. With that significant leverage, China last week wrapped up two days of high-level trade talks with the US in London, where the two…

Why the Trump-Musk bust-up will have deepened China’s doubts about US president

Earlier this month, a dramatic feud erupted between US President Donald Trump and Elon Musk over a tax and spending bill, which culminated in the two hurling threats at each other. Advertisement Musk, who was Trump’s biggest political donor and his self-proclaimed “first buddy”, said the American leader “would have lost the elections” without him, and alleged without evidence that Trump was named in the sealed files of the late convicted sex offender Jeffrey Epstein. Trump retaliated, saying he was “very disappointed” by Musk’s comments and threatening to terminate the…

Party chief To Lam’s son promoted to top ranks within Vietnam’s police force

To Long, believed to be the only son of Vietnam’s top leader To Lam, has been promoted to a senior position at the Ministry of Public Security, online posts showed, in a move that may be intended to cement support for Lam from police. Information and images circulated on social media platform TikTok showed Col. To Long had been appointed as director of the ministry’s Department of External Security at a June 4 ceremony. Experts said Long’s promotion is the latest in a series of appointments by Lam to consolidate…

Two Tibetan Buddhist monastery leaders sentenced for Dege dam protests

Authorities have sentenced two senior Tibetan monastic leaders to three- and four-year prison terms for their roles in rare 2024 public protests against a planned Chinese hydropower dam project, two sources in the region told Radio Free Asia. Sherab, the abbot of Yena Monastery in Dege county’s Wangbuding township in Kardze Tibet Autonomous Prefecture, Sichuan province, was sentenced to four years in prison and Gonpo, the chief administrator, sentenced to three years, said the sources, who requested anonymity for fear of reprisals. It wasn’t immediately clear when the sentences were…

Huawei and ByteDance plan major investments in tech sectors in Brazil

Chinese tech giants Huawei Technologies and ByteDance are planning major investments in Brazil’s cloud infrastructure and artificial intelligence sectors, moves likely to deepen US concerns over Beijing’s expanding digital reach in Latin America. Advertisement The Brazilian newspaper Folha de S. Paulo reported on Monday that Huawei is set to announce a deal with Dataprev – a state-run technology company that manages the country’s social data systems – to use its data centres. Huawei is also in talks with Edge UOL, a cloud services arm of Grupo UOL PagSeguro, which also…