Day: December 25, 2025

We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Pentagon says Chinese aircraft carriers, 6th-gen fighters make US ‘vulnerable’ A Pentagon report contends that China’s development of its aircraft carriers, sixth-generation fighters and nuclear arsenal illustrates Beijing’s “historic” growth in military power and has left the US “increasingly vulnerable”. 2. Second reusable rocket recovery…

China’s ruling Communist Party has vowed to keep up efforts to fight corruption next year after a record 63 high-ranking officials – known as “tigers” – were placed under investigation on suspicion of graft in 2025. During a meeting on Thursday, top decision-making body the Politburo also discussed a plan to improve conduct within the party, strengthen integrity and combat graft, official news agency Xinhua reported. It said officials at the meeting had agreed to “resolutely push forward the fight against corruption, not stopping for a moment, not yielding an…

China’s state-owned planemaker intends to supersize its flagship jet through a partnership with a major domestic carrier to meet rising market demand for bigger narrowbody types, according to sources. The Commercial Aircraft Corp of China (Comac) signed an agreement with China Eastern Airlines last week to deepen cooperation, including on a stretched variant of the single-aisle C919 that would be able to seat at least 200 passengers, the Post has learned. The deal positions China Eastern, the C919’s launch customer, to play a key role in the development, certification and…

Chinese drugmakers have signed a late-year burst of out-licensing agreements with overseas partners, underlining China’s growing role as a source of novel medicines as multinational pharma groups hunt for new assets. Jacobio Pharmaceuticals said it expected to receive an upfront payment of US$100 million from AstraZeneca, according to a filing to the Hong Kong stock exchange on December 21. The British-Swedish drugmaker was paying for exclusive rights to research, develop, register, manufacture and commercialise Jacobio’s experimental cancer therapy JAB-23E73 in markets worldwide, excluding mainland China, Hong Kong, Macau and Taiwan.…

Chinese researchers have taken a major step in the global race to build practical quantum computers, becoming the first team outside the United States – and the second in the world after Google – to cross a key threshold that determines whether these machines can work reliably at scale. A team led by Pan Jianwei at the University of Science and Technology of China said their superconducting quantum computer, Zuchongzhi 3.2, had reached the fault-tolerant threshold – a point where fixing errors made the system more stable rather than less,…

US President Donald Trump’s new battleship plan, apparently aimed at deterring China, faces huge implementation hurdles and could cause Beijing to double down on its anti-ship weapons, according to analysts. Trump unveiled a new class of navy battleships on Monday. These “Trump-class” ships will be larger, faster and “100 times more powerful” than any previously built, according to the American leader, forming the centrepiece of what he called an expanded “Golden Fleet” aimed at cementing US naval dominance. In an announcement from his Mar-a-Lago estate, Trump declared that the new…

As 2025 draws to a close, Wall Street’s love affair with Chinese equities is in full swing. While the relationship between global investors and China has been a rocky one, market sentiment is now about varying degrees of bullishness. In a panel discussion moderated by JPMorgan at the annual meeting of the Emerging Markets Trading Association earlier this month, some of the speakers said China’s stock market had undergone a shift from “uninvestable” to “irresistible”, especially in the all-important technology sector. This is a far cry from the extreme bearishness…

Xiaomi on Thursday unveiled the 17 Ultra, its latest premium smartphone model that features improved night photography and mobile imaging capabilities on the back of the firm’s enhanced partnership with German camera maker Leica. “We work together to build future-proof optical technology … and completely reshape the mobile photography experience,” Xiaomi president Lu Weibing said at the handset’s launch. In a side-by-side comparison of dimly lit photos taken in Hong Kong with Xiaomi’s 17 Ultra and Apple’s high-end iPhone 17 Pro Max, Lu claimed that the set of Xiaomi images…

Researchers at China’s National University of Defence Technology have successfully accelerated a tonne-class vehicle to a record speed of 700 km/h (435mph) within just two seconds on a 400 metre (1,310-foot) magnetic levitation test line, and brought it safely to a stop. The test speed has set a new global benchmark, making it the world’s fastest superconducting electric maglev to date. This same force that flung a sledge down a short track could fling a rocket into the sky. It could even revolutionise hyperloop travel – with vacuum-sealed tubes linking…