This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to get the newsletter delivered every weekday morning. Explore all of our newsletters here Good morning and welcome back to FirstFT Asia. In today’s newsletter: Taiwan president’s New York stopover blocked EU-US trade deal faces backlash Thailand and Cambodia agree a ceasefire Lessons from India’s economy Donald Trump’s administration has blocked Taiwan’s President Lai Ching-te from a stop in New York en route to Central America, after China raised…
Month: July 2025
Boeing’s orders in China may rise as Beijing surveys airlines’ needs
China’s aviation regulator has been surveying the country’s airlines to gauge their need for commercial jets made by Boeing, suggesting a possible area in which trade ties between Beijing and Washington might flourish if a broader deal is hammered out. Advertisement The Civil Aviation Administration of China (CAAC) has requested carriers to update their fleet purchase and renewal plans for 2025 and beyond, according to a source close to the matter. The agency specifically asked whether the carriers’ plans would include overdue orders for Boeing and what discussions they may…
China lays out its AI vision in foil to Trump’s ‘America First’ plan
China has used its first big artificial intelligence expo since the release of homegrown DeepSeek’s breakthrough model to assert its AI ambitions to an international audience, presenting an alternative to US President Donald Trump’s “America First” vision and showcasing the country’s vast manufacturing capabilities. Robots, flying taxis and other AI-dependent technology from more than 800 companies were on display at the World Artificial Intelligence Conference (WAIC) that runs until Tuesday in Shanghai. The show attracted a more global audience than previous editions, including former Google chief executive Eric Schmidt, who…
Donald Trump blocks Taiwan’s President Lai from New York stopover
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Donald Trump’s administration has denied permission for Taiwan’s President Lai Ching-te to stop in New York en route to Central America, after China raised objections with Washington about the visit. Lai planned to transit the US in August en route to Paraguay, Guatemala and Belize, which recognise Taiwan as a country. But the US told Lai he could not visit New York on the way, according to three…
Chinese officials call for all-out response after downpours lead to ‘heavy casualties’
Chinese leaders Monday called for implementation of maximum flood control and disaster relief efforts after heavy downpours led to “heavy casualties” in suburban Beijing and other parts of China. Advertisement China has been hit with downpours and floods as it enters the rainy season in July and August in Beijing, the neighbouring province of Hebei, the northeastern province of Liaoning and the coastal province of Shandong in eastern China. The floods and geological disasters have caused “heavy casualties and property losses”, Xinhua said on Monday night. No casualty details have…
China backs Brazil as looming Trump tariffs escalate trade tensions
China offered to strengthen economic ties with Brazil on Monday and defend what it called “fairness” in global trade, days before sweeping US tariffs on Brazilian exports are set to take effect. Advertisement At a news briefing in Beijing on Monday, Chinese Foreign Ministry spokesman Guo Jiakun said that Beijing was willing to work together with Brazil and other Brics and Latin American nations to uphold a multilateral trading system centred on the World Trade Organization. Guo also noted China’s interest in expanding cooperation with Brazil in the aviation sector.…
China’s birth crisis subsidies, Shaolin head defrocked: SCMP daily highlights
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. China, US begin third round of trade talks in Swedish capital Top economic officials from China and the United States have begun their third round of trade talks in Stockholm. The delegations – led by Chinese Vice-Premier He Lifeng and US Treasury Secretary Scott Bessent – arrived at Rosenbad Monday afternoon. 2. Disgraced head of China’s famed Shaolin Temple defrocked, firms deregistered Companies linked…
Cambodia, Thailand agree to a truce in border conflict
BANGKOK, Thailand – Thai and Cambodian leaders on Monday agreed to an “unconditional” ceasefire that would end five days of fierce fighting in a disputed border area that has killed at least 35 people and displaced more than 200,000 others. The truce, which is scheduled to take effect at midnight local time, came during negotiations hosted by Prime Minister Anwar Ibrahim of Malaysia, the current chair of the ASEAN regional bloc. The meeting came amid pressure from U.S. President Donald Trump, who warned over the weekend that the border conflict…
US-China study on livestock faeces around the world triggers superbug alarm
Scientists in China and the US have uncovered antibiotic resistance genes lurking in the manure of chickens, cows and pigs from around the world – genes that present a potential global health risk as drug resistance grows. Advertisement Their comprehensive global study, published late last month, highlighted the abundance and diversity of these genes within the livestock resistome – the collection of antibiotic-resistance genes (ARGs) in the microbiome. The team also developed a framework to help identify hotspots for antibiotic resistance genes in livestock, along with their risk level, as…
Singapore Airlines hit by losses at Air India
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Singapore Airlines suffered a 59 per cent drop in profits last quarter as it was hit by losses from its stake in Air India, the carrier embroiled in India’s worst aviation disaster in three decades. Net profits at Singapore’s national carrier fell from S$266mn ($207mn) to S$186mn compared with the same period last year, the group reported on Monday. It said its losses from associated companies, “notably from Air India’s…