China helps Zimbabwe grow US$1.2 billion tobacco crop amid debt, health concerns

Driven by Chinese demand, Zimbabwe produced a record 352.7 million kilograms of tobacco – valued at about US$1.2 billion – in last year’s marketing season. This represents a major turnaround for an industry that, if not for Chinese investment, would have nearly collapsed two decades ago, although it remains a crop of concern for health campaigners. As Zimbabwe’s largest agricultural export and a primary foreign currency earner, tobacco dominates its trade with Beijing. Last year, China imported US$790 million of the “golden leaf”, accounting for 31 per cent of its…

In China’s tight economy, a fake exam-takers scheme has touched a nerve

In the cutthroat world of Chinese civil service exams, the most dangerous opponent is not necessarily the person in the next seat: it is the “ghost” candidate designed to scare you away before you even show up. A bizarre case of inflating applicant numbers to deter potential candidates has become a national talking point, as tougher job prospects raise interest in civil service examinations on the mainland. First reported by state media in December, the case involved the illegal purchase of personal information to mass-register fake exam-takers, thereby inflating enrolment…

India makes move to boost urban infrastructure — again

This article is an on-site version of the India Business Briefing newsletter. To receive it in your inbox regularly, sign up if you’re a premium subscriber, or upgrade your subscription here. Good morning. It’s been an eventful week, with a power-packed but chaotic AI Impact Summit in New Delhi. While countries and companies have announced big plans and deals to make the best use of the technology at the gathering, we will have to wait to see how much of this translates into real action. On the capital’s streets, where people…

Washington offers US$200 million to boost American smartphone industry in Indo-Pacific

The US State Department will subsidise companies to roll out cheap smartphones running American software in the Indo-Pacific region, part of its “Pax Silica” initiative that seeks to shore up the resilience of the US artificial intelligence supply chain and win the AI race with China. The US has launched the Edge AI Package, which provides up to US$200 million of funding for mobile network operators and smartphone vendors to deploy “low-cost, high-performance” handsets in some partner nations in the Indo-Pacific, the Department of State said on Thursday. These smartphones…

Former Biden official says US must work with allies to counter China

Working closely with like-minded countries remains the most effective strategy to counter an increasingly powerful China – in marked contrast to the policies of US President Donald Trump – said a former senior US official, while admitting that the Joe Biden administration made some key mistakes that undercut its own effectiveness. “Given the size and the immensity of the China challenge, the only way that the United States is going to be effective to meet that challenge is if we work with other partners and allies,” said Kurt Campbell, former…

Chinese scientists put quantum chaos in ‘slow motion’

In a landmark achievement, Chinese scientists have directly observed and manipulated prethermalisation – a critical transitional state in quantum systems – using the 78-qubit “Chuang-tzu 2.0” superconducting processor. This allows researchers to “tune” the speed of quantum decoherence, providing a vital tool for managing complex quantum environments. If a quantum system is disturbed, it naturally returns to a balanced state. The energy and information within it spreads out until they are evenly distributed. It would be similar to nudging a pendulum: it swings for a while but eventually slows down…

FirstFT: South Korea’s ex-president sentenced to life in prison

Good morning, happy Friday and welcome back to FirstFT Asia. In today’s newsletter: South Korea’s ex-president escapes the death penalty Former British prince Andrew Mountbatten-Windsor arrested The US court case over a junior banker’s need for sleep We start in Seoul, where former South Korean president Yoon Suk Yeol has been sentenced to life in prison for insurrection over his failed attempt to impose martial law. What to know: A three-judge panel at Seoul Central District Court yesterday found Yoon was guilty of leading an insurrection in late 2024 that…