A giant airship launched in a densely populated area of southwestern China earlier this month has set social media on fire. Footage of the S2000, the world’s most powerful flying wind farm, in the skies above Yibin, Sichuan province, prompted comparisons with an alien spaceship or the airships that featured in the animated film Big Hero 6. The white airship – measuring 60 metres (200 feet) in length and a width and height of 40 metres – was filled with helium on the ground before ascent, according to footage from…
Day: January 17, 2026
Hotel conversions gain traction in China’s office market amid high vacancies
More economy and mid-range hotel operators in China are leasing office buildings for conversion to guest accommodation, and such flexible, mixed-use approaches are expected to increase amid a continued weakening of the office market. In some Chinese cities, the practice of multiple hotel brands co-leasing separate floors within a single building has become more prevalent, fuelled by interest from both property owners and hotel operators. In Hangzhou, the capital of eastern China’s Zhejiang province, a building at West Lake-adjacent Yongjin Plaza now houses some 10 hotels. These include Home Inn…
Did China, Russia, Iran joint naval drills in South Africa mark notable Brics shift?
Last week’s naval drills involving China, Russia, Iran and host country South Africa signalled a notable shift for Brics beyond its traditional focus on economic cooperation, analysts said, as the US noted it had closely monitored the exercise. However, observers also described the high-profile exercise as largely symbolic, calling it a diplomatic statement of intent rather than a step towards a formal military alliance. The Will for Peace 2026 drills were launched at a port in Cape Town on January 9 and ran until Friday, according to the South African…
China’s cosmetics brands, stepping out of K-beauty’s shadow, set sights on global markets
Like many of her classmates, Xie Roumei, a 28-year-old accountant from China’s Fujian province, started using South Korean cosmetics in high school – a preference she carried into her twenties. Most of the eye make-up and beauty products she uses are still Korean, Xie said – a loyalty that has helped turn its cosmetics industry into a global powerhouse, with exports rivalling those of semiconductors and cars. Fuelled by the global appeal of K-pop, K-dramas and the “glass skin” ideal, the industry has logged record growth in recent years, making…
China flies drone into Taiwan’s airspace for first time
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s military has escalated its campaign of pressure against Taiwan by violating the island nation’s airspace with a drone for the first time. A Chinese surveillance drone entered the airspace of Pratas, a Taiwan-controlled island in the South China Sea also known as Dongsha, for four minutes on Saturday. The unmanned aerial vehicle was a WZ-7 known as ‘Soaring Dragon’ according to a Taiwanese national security official. It flew at…
How US actions in Venezuela and beyond could spell opportunity for China
America’s military action in Venezuela and President Donald Trump’s talk of owning Greenland are stoking concerns that the United States is dismantling the rules-based global order. But this could also be a diplomatic opening for China as it tries to portray itself, in contrast, as a more responsible and stabilising power. Analysts said while this aligned with Beijing’s push to strengthen ties with its neighbours – a strategic move as its rivalry with Washington has intensified – concrete actions were needed to win them over. Advertisement Patricia Kim, a fellow…
China-led SCO warns against Iran ‘interference’ in veiled swipe at US
The Shanghai Cooperation Organisation (SCO) has warned against external “interference” in Iran’s governance, offering support to Tehran in a thinly veiled rebuke of Washington. In a statement issued on Friday, the security bloc led by China and Russia expressed “grave concern” over the “recent tragic events in the Islamic Republic of Iran”, saying they had caused “casualties among civilians and law enforcement officials”. “The SCO opposes interference in the internal affairs of the Islamic Republic of Iran,” the statement said, while calling for “a peaceful resolution of the current situation…
Chinese, Japanese groups issue joint call for Japan to return Tang dynasty stele
Chinese researchers and Japanese activists have renewed calls for Japan to return a Tang dynasty relic looted over 120 years ago. The effort to recover the Tang Honglu Well Stele comes amid rising regional tensions and Beijing’s ongoing national campaign to reclaim cultural heritage. Shanghai University’s Research Centre for Chinese Relics Overseas and Japanese cultural groups issued a joint declaration on Friday urging Tokyo to “correct historical errors” and return the stone monument, Chinese state news agency Xinhua reported. Advertisement The call on behalf of the research centre was made…
Taiwan faces possible Beijing squeeze after US quits WHO and other agencies
The United States’ decision to withdraw from dozens of UN and other international organisations may have dealt another blow to Taiwan’s efforts to raise its global profile amid mounting pressure from Beijing. While Taiwanese leader William Lai Ching-te’s government has sought to play down the impact, observers have warned that Washington’s retreat could further squeeze the island’s already narrow international space. US President Donald Trump on January 7 ordered the US to exit 66 international organisations, including 31 linked to the United Nations, saying they no longer served American interests.…
China’s AI and EV boom drives record power demand, widening energy gap with US
China’s total electricity consumption hit a record high of 10.4 trillion kilowatt-hours (kWh) in 2025, more than double that of the US, the National Energy Administration (NEA) said on Saturday. The 5 per cent jump from the previous year marked the first time in China’s history that annual electricity consumption had surpassed 10 trillion kWh – the highest in the world and more than the combined total of the European Union, Russia, India and Japan, state broadcaster CCTV said, citing NEA data. The main drivers of the growth were the…