The US House is poised to advance a key spending bill that could revive the controversial “China Initiative” – a programme that unfairly targeted Chinese-American researchers, derailed careers and devastated lives long after it was ended in 2022. Advertisement The Fiscal Year 2026 Commerce, Justice, Science and Related Agencies (CJS) appropriations bill does not name the programme directly, but language in the accompanying report calls for its re-establishment to “maintain America’s competitive edge” and “counter China’s malign ambitions to steal American research”. A scheduled committee meeting to debate the bill…
Month: July 2025
League of Legends world championship returns to China as esports sector grows
Advertisement The annual professional competition, also known as the Worlds, will kick off in Beijing from October 14 and then move to Shanghai for the quarter-final and semi-final rounds from October 28 to November 2, according to US video game developer and tournament organiser Riot Games, a subsidiary of Tencent Holdings. The 2025 Worlds final will take place on November 9 in Chengdu, capital of southwestern Sichuan province. This year’s competition will see 17 teams vie for prize money and the Summoner’s Cup, the trophy awarded to the Worlds final…
China’s crystal breakthrough; debate over role in Arctic: 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. EU-China cooperation ‘only right choice’, Premier Li says at business symposium China and Europe should foster a “healthy” economic relationship characterised by both competition and cooperation, the Chinese premier told European Union leaders and businesses on Thursday. 2. Thai-Cambodian conflict: China blames Western colonial legacy for dispute China will continue to play a “constructive role” in helping to ease regional tensions, Foreign Minister Wang…
Not worth it? Trump’s Arctic push stirs debate over China’s polar ambitions
As US President Donald Trump reiterates his desire to acquire Greenland – part of a broader push to assert influence in the Arctic – Chinese scholars are debating whether the world’s second-largest economy should become more involved in the region, particularly by developing shipping routes. Advertisement The Northern Sea Route (NSR) – the shortest passage between the Asia-Pacific region and western Eurasia – has drawn growing attention as global warming makes its icy waters navigable for longer periods each year. Trump, who has pledged to buy or annex Greenland, views…
How China’s Information Support Force gears military up for PLA modernisation
China’s new Information Support Force (ISF) has stepped up joint training with other military branches, showcasing an integrated combat system and increased mobile and decentralised deployment capabilities, according to the official paper of the People’s Liberation Army (PLA). Advertisement This includes a new training approach featuring the “embedding” of small ISF teams into the PLA’s air, naval and ground forces to offer real-time information support. Established in April 2024 as part of the PLA’s modernisation push, the force is tasked with coordinating the application of network information systems within the…
Shanghai expo sets stage for US-China face-off in heated AI race
Shanghai will host its eighth annual flagship artificial intelligence (AI) conference this weekend as China ramps up competition against the US for supremacy in the fast-developing technology. Advertisement The three-day World Artificial Intelligence Conference (WAIC), with the theme of “Global Solidarity in the AI Era”, will kick off on Saturday with an opening keynote from Premier Li Qiang, who also headlined last year’s event. A high-level meeting on global AI governance will be held in tandem with the conference. The main forum, taking place at the Shanghai World Expo Centre,…
My latest nice problem is Japan
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Quick as a flash: can you name Japan’s prime minister? How about the one before him? Full marks for all three post Shinzo Abe, whose eight-year stint ended in 2020. I’m embarrassed to say I kind of forgot about Shigeru Ishiba. But there was no getting away from him this week. First, he lost the upper house. It’s been 60 years since his party hasn’t controlled at least one legislature.…
Pfizer, Chinese biotech firm 3SBio complete licensing deal for cancer drug
Advertisement First announced in May, the deal will see 3SBio – based in Shenyang, capital of northeastern Liaoning province – receive a US$1.25 billion upfront payment from Pfizer for the exclusive right to sell its cancer drug, SSGJ-707, outside China. Under the terms of their agreement, Pfizer will also pay 3SBio up to US$150 million to solely develop and commercialise SSGJ-707 within the mainland, the two companies said on Thursday. Pfizer also agreed to buy 31.1 million new shares in S3Bio, or a 1.3 per cent equity stake, for HK$785…
Chinese investment into Hong Kong surges to record high
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chinese investment flows to Hong Kong through the Stock Connect programme have hit a record high as mainland capital drives a revival of the territory’s equities market. About HK$820bn (US$104bn) of Chinese money has been invested this year through Stock Connect, which links the mainland’s stock exchanges to Hong Kong’s, surpassing 2024’s full-year inflow of HK$807.9bn. The surge in investment has helped end a post-Covid slump in Hong Kong’s financial…
Chinese investment flows to Hong Kong hit record high
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chinese investment flows to Hong Kong through the Stock Connect programme have hit a record high as mainland capital drives a revival of the territory’s equities market. About HK$820bn (US$104bn) of Chinese money has been invested this year through Stock Connect, which links the mainland’s stock exchanges to Hong Kong’s, surpassing last year’s record inflow of HK$807.9bn. The surge in investment has helped end a post-Covid slump in Hong Kong’s…