Chinese Premier Li Qiang met with US business, academic and civic leaders on Thursday in New York, urging them to use their influence to help improve troubled relations between the two economic giants. Advertisement Speaking on the sidelines of the UN General Assembly at a private meeting, Li said bilateral ties needed to be actively fostered. Their “steady development requires our two governments to work in the same direction,” said Li, addressing representatives from the National Committee on US-China Relations and the US-China Business Council. “These are all very important…
Day: September 25, 2025
Trump administration ties Argentina support to rollback of China credit line
The Trump administration pressed Argentina on Wednesday to dismantle its currency swap arrangement with China, tying future financial support to President Javier Milei’s willingness to distance his government from Beijing during a week of high-stakes diplomacy at the United Nations General Assembly. Advertisement The demand, first reported by the local newspaper Clarín and confirmed by the Post on Thursday, was delivered in meetings between the two delegations in New York, where senior US officials made clear that Washington expected Buenos Aires to reduce reliance on Chinese credit lines. They argued…
Japan needs a vision, not just a leader
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Victory for either of the two frontrunners in the leadership election for Japan’s ruling Liberal Democratic party will make for a standout moment in the political life of the world’s fourth-largest economy. If 44-year-old agriculture minister Shinjiro Koizumi wins on October 4 and is appointed prime minister, he will be the country’s youngest head of government since the great reformer Hirobumi Ito took office back in 1885. If conservative veteran…
Merch sellers cash in on Kirk’s killing with flood of social media ads
Just hours after Charlie Kirk’s death was confirmed, hundreds of advertisements for memorial merchandise appeared on Facebook and Instagram. In a viral post with more than 8,000 shares and hundreds of thousands of likes, the brand See Jesus In You promoted an “Echo of Freedom” shirt with an American flag and Kirk’s signature, calling him a symbol of “faith, liberty, and America”. The simple shirt, which Kirk was wearing when he was assassinated, has become a hot commodity among his conservative supporters. Another clothing brand, Liberty Faith Gear, struck a…
China has announced its first target to cut emissions in real terms. What does it mean for Australia?
Anything China does on energy and climate change is very big news. Its plans ripple around the world, whether that’s in changing the demand for fossil fuels or affecting the impacts on the planet from global heating. On Thursday, Australia woke to the news that China’s president, Xi Jinping, had told the United Nations that for the first time his country was setting a target to cut – in absolute terms – its greenhouse gas emissions. In a video address, Xi said China’s emissions would fall by 7% to 10%…
From Intel to lithium, Trump borrows Beijing’s industry playbook in US-China race
From funding Intel to eyeing a potential stake in Lithium Americas, the United States is increasingly wielding the government’s “visible hand” in its once-celebrated free market – a strategy long associated with China. Advertisement Analysts said Washington’s recent embrace of industrial policy – though limited to certain strategic sectors, such as semiconductors and critical minerals – reflects growing concern over the vulnerability of global supply chains amid rising US-China competition. “I believe the US government is trying to take a leaf out of China’s playbook,” said Brian Wong, a fellow…
Super Typhoon Ragasa batters Hong Kong – video
Super Typhoon Ragasa has caused widespread flooding and damaged roads in Hong Kong, which resumed international flights on Thursday but kept kindergartens and some schools closed. Ragasa, the strongest storm so far this year, killed 14 people in Taiwan and 11 in the Philippines, according to officials. More than 100 people were injured in Hong Kong The Guardian
Taiwan backtracks on chip export curbs to South Africa after China spat
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Taiwan has suspended chip export curbs on South Africa days after it made unprecedented use of the island nation’s technological dominance for diplomatic retaliation. Controls on South African imports of chips from the world’s biggest chip manufacturer were announced this week after Pretoria sought to downgrade Taiwan’s de facto embassy, but will be frozen after South Africa agreed to talks, Taiwan’s foreign ministry said on Thursday. It said Taiwan agreed to…
China sanctions 6 US firms, Guangdong’s Ragasa recovery: 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. Southern China cleans up after lashing from Super Typhoon Ragasa Workers cut and remove a fallen tree following the passage of Super Typhoon Ragasa in Yangjiang, Guangdong province, on Thursday. Photo: AFP Ragasa made landfall at Yangjiang, in western Guangdong, at around 5pm on Wednesday, bringing heavy rain and strong winds that caused flooding and disrupted transport in cities across the province. On Thursday,…
Xiaomi unveils 17-series smartphones, ramps up efforts in premium handset market
Advertisement The models unveiled at an event in Beijing were the standard Xiaomi 17 and flagship models, the Xiaomi 17 Pro and Pro Max – all of which run Qualcomm’s Snapdragon 8 Elite Gen 5 processor. The standard Xiaomi 17 model starts at 4,499 yuan (US$632), while the 17 Pro and Pro Max models – both of which feature a back screen to display images or notifications – cost 4,999 yuan and 5,999 yuan, respectively. Xiaomi’s latest devices show the company’s sharpened focus to compete in premium-priced smartphones, handsets that…