A new wave of Chinese consumer companies, led by toymaker Pop Mart, is seeking a greater global presence, reflecting China’s strategic pivot towards exporting its brands, and not just products. Advertisement “We originally hoped to become China’s Disney; now we hope to become the world’s Pop Mart,” the company’s founder and CEO, Wang Ning, said in an interview with state broadcaster China Central Television on Thursday. “We use China’s manufacturing industry and market to incubate artists from all over the world, and bring their creations back out to the world.”…
Month: July 2025
Taiwan recall: shock waves expected no matter who wins ballots, analysts say
Polling stations in Taiwan are set to open on Saturday as the island holds a landmark vote in a sweeping recall campaign that could tilt control of its legislature back to the ruling Democratic Progressive Party (DPP) and test whether anti-Beijing sentiment remains the defining force in Taiwanese politics. Advertisement The unprecedented mass recall vote – set to begin at 8am Saturday, primarily targeting lawmakers from the main opposition Kuomintang (KMT) – has triggered intense political debate and could shape the island’s trajectory ahead of next year’s local government polls…
Thai authorities evacuate 100,000 amid border clashes with Cambodia
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thai authorities have evacuated tens of thousands of people from its border with Cambodia, as the worst hostilities between the neighbours in more than a decade escalated. The Thai army said fighting restarted early on Friday in two provinces in the north-east of the country, a day after long-running border disputes with Cambodia broke out into armed clashes. “Cambodian forces have conducted sustained bombardment utilising heavy weapons, field artillery, and…
China takes mediation role in Thai-Cambodian conflict, calls for restraint
China’s ambassador to the United Nations has called for a de-escalation in the conflict between Thailand and Cambodia and confirmed that Beijing is playing “a mediation role” after the sudden border clash on Thursday. Advertisement In an interview broadcast on state-owned CCTV on Friday, Fu Cong said that “China is playing a mediation role to facilitate communication between the two sides, and hopes the situation will stabilise as soon as possible”. Fu also urged the two nations to “exercise restraint” and “stabilise the situation” during the interview. “Cambodia and Thailand…
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. Advertisement At a business symposium held on the sidelines of the EU-China Summit on Thursday, Li Qiang urged both sides to find new grounds for collaboration. “China and the EU can further leverage their complementary economic strengths, focusing on areas such as services trade, technological innovation, the green economy, and third-party cooperation to cultivate more new growth drivers for collaboration,” Li said, according to…
Questions grow as China mourns 6 engineering students lost in mine accident
Calls have been growing in Chinese state media and from the public for stricter safety measures and a thorough investigation into the deaths of six university students who fell into an industrial flotation tank on Wednesday. Advertisement The students, from Northeastern University in Liaoning province, were on a field trip to the China National Gold Group’s Wunugetushan copper-molybdenum mine in Inner Mongolia when the incident happened. A teacher was also injured. According to state news agency Xinhua, the government of the Inner Mongolia autonomous region has assembled an accident investigation…
Chinese kindergartens in crisis as enrolments plunge 25% in 4 years
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The number of Chinese kindergartens has fallen by a quarter in four years, prompting the closure of tens of thousands of schools in the country as a precipitous drop in births hits the education system. Enrolments in China’s kindergartens have declined by 12mn children between 2020 and 2024, from a peak of 48mn, according to data from the country’s ministry of education. The number of kindergartens, serving Chinese children aged…
In a first, Chinese team captures rare quantum friction effect in folded graphene
A strange thing happened when a team of scientists folded a series of ultra-thin sheets of graphene in their laboratory in China. Advertisement The researchers from the Lanzhou Institute of Chemical Physics found that friction did not increase as the material got thicker. In fact, some of the thicker folds slid more easily. The revelation was a bonus for the team – not only had they become the first to directly observe friction between solid materials at the quantum level, they had seen something that could help with the development…
What do we know about the site of China’s mega dam in Tibet and what is its significance?
Advertisement The dam is being built on the Yarlung Tsangpo in Medog – a remote yet geopolitically significant county close to the disputed border with India. As well as becoming a major energy source, the dam is a key element in Beijing’s plans to develop the region and strengthen its border security. What is the location? Medog, also known as Motuo in Chinese, is a border county in the southeast of the Tibet autonomous region, which lies in the foothills of the Himalayas. Advertisement South China Morning Post
China unveils the largest crystal for high-powered laser weapons
Chinese researchers have manufactured the world’s largest barium gallium selenide (BGSe) crystal, a breakthrough that could pave the way for ultra-high-power laser weapons capable of zapping satellites from the ground. Advertisement The synthetic crystal, measuring 60 millimetres (2.3 inches) in diameter, efficiently converts short-wave infrared lasers into mid- to far-infrared beams that can penetrate atmospheric windows for long-distance transmission. Crucially, it can withstand laser power as intense as 550 megawatts per square centimetre – exceeding the damage threshold of existing military-grade crystals by an order of magnitude. The resulting laser…