Day: December 8, 2025

China has tested a rail system that links multiple freight trains through a wireless system rather than physical coupling. On Monday, a test conducted on the Baoshen Railway in Inner Mongolia saw seven freight trains with a combined cargo capacity of 35,000 tonnes – 3½ times the weight of the Eiffel Tower – running together much more closely than would be usually required when they travel as single units. The technology could increase China’s railway freight transport capacity by more than 50 per cent without the need to put down…

Hong Kong Exchanges and Clearing has launched its first equity index tracking Hong Kong-listed technology companies, underscoring the city’s ongoing shift from a market long dominated by property and finance towards innovation-driven growth. Unveiled on Tuesday, the HKEX Tech 100 Index tracks 100 large-cap and mid-cap companies spanning artificial intelligence, biotech and pharmaceuticals, electric vehicles and smart driving, information technology, internet and robotics, according to the HKEX website. Qualified mainland investors can buy and sell these Hong Kong‑listed stocks through Stock Connect, which links trading in Hong Kong with Shanghai…

German Foreign Minister Johann Wadephul has warned that Europe must be “extremely cautious” about slapping tariffs on China, as it could prompt Beijing to take countermeasures that could turn into a “spiral”. The remarks came after French President Emmanuel Macron said he had told Beijing during his visit to China last week that Europe would be forced to take “strong measures” against Chinese goods if the trade imbalance was not addressed. “I told them that if they do not react, we Europeans will be forced, in the next several months,…

For decades, New York and London have defined the flow of global capital. But while markets still chase short-term returns in US equities, the next great wave of productive investment is taking shape in East Asia, led by China’s financing, manufacturing and export of the clean technologies that are remaking the global economy. That contrast has only widened. As the United States retreats from climate leadership, China has doubled down. A day after US President Donald Trump called climate change a “scam”, President Xi Jinping announced China’s first absolute emissions-reduction…

US President Donald Trump has announced a long-anticipated US$12 billion farm aid package to assist farmers caught in US-China trade tensions, crediting his tariff strategy for making the bailout possible and asserting that his negotiations with China had led to the resumption of massive soybean sales. But the announcement has not pleased all farmers, particularly those still struggling with low prices and lost markets. Some said it was too little, too late, and that a bailout wouldn’t be necessary if there were no tariffs. John Bartman, a soybean farmer from…