Month: January 2026

Britain is eyeing greater engagement and closer trade ties with China, seeking to steady a relationship long marked by volatility, its ambassador to Beijing said, ahead of Prime Minister Keir Starmer’s highly anticipated visit. Peter Wilson told reporters on Tuesday that Britain was taking a long-term “strategic approach” to China and that London sought “a relationship that is consistent”. “We want to build the kind of relationship of mutual respect and trust between our leadership that allows… South China Morning Post

China appears to have sent a message to the market with a recent 67 million yuan (US$9.7 million) fine on an unregistered education firm: the government is not planning to reverse its ban on after-school tutoring any time soon. But that now appears less likely after the tutoring company Beijing Hanxiu Bowen Culture was hit with a tough punishment for providing academic courses to primary and secondary school students between 2023 and 2025 without a private school operating licence. Advertisement The firm was found to have earned more than 15.8…

For decades, the US dollar has served as the currency of global reserve, the de facto anchor for the vast majority of international exchanges. Consequently, United States government debt – most commonly in the form of Treasury assets such as bonds, notes and bills – has long been regarded as a safe haven by investors, prized for its unmatched liquidity and deep market penetration. That faith has remained strong in the past, even amid global financial crises. But the events of recent weeks… South China Morning Post

Most Americans favour cooperation with China in spite of Washington’s tougher stance on visas, research collaboration and tariffs, according to a new survey by the Committee of 100 (C100) civic group. The results of the polling, conducted in June 2025 shortly after US President Donald Trump’s “Liberation Day” tariff onslaught and released this month, found relatively broad support for greater cooperation between Washington and Beijing on “diplomatic issues and policies that affect both… South China Morning Post

One of China’s largest mining companies has taken control of three gold mines in Brazil in a deal worth about US$1 billion, as gold prices hit historic highs amid rising economic and geopolitical uncertainty in the United States and a global flight to safe assets. CMOC said on Tuesday it assumed operational control on January 23 after Brazilian regulators approved the transfer of the Aurizona mine in Maranhao, the Riacho dos Machados mine in Minas Gerais and the Complexo Bahia, which includes… South China Morning Post

TikTok said on Tuesday that technical issues caused posting problems after California Governor Gavin Newsom announced a probe into the company for allegedly censoring content critical of US President Donald Trump. This came days after the short video app operator closed a deal with the Trump administration to avoid a US ban. Newsom said on Monday via social media that he was launching a review into whether TikTok violated state law, citing another user’s post showing that a message read… South China Morning Post