Month: April 2026

Chinese stocks are likely to continue the resilience they have shown since the war in the Middle East began, thanks to haven demand for yuan-linked assets, the green shoots of the property market and the inclusion of tech start-ups in key equity gauges, according to fund managers and investment banks. Optimism about Chinese equities was building after official data showed that home prices in the biggest mainland cities reversed declines and an inflationary trend took hold in March, said money managers including BNP Paribas Asset Management and Invesco. Meanwhile, the…

China has developed a world-first high-voltage synchronous condenser, reviving a century-old grid stabiliser technology to support the country’s rapid transition to renewable energy, according to a state media report. The state-run China Electric Power News said on April 10 that a 35-kilovolt direct-connection rotating machine developed by Dongfang Electric Machinery had successfully passed testing earlier that day. The successful test made Dongfang’s synchronous condenser the first in the world to reach such a high voltage, eliminating the need for intermediate step-up transformers to achieve direct grid connection, the report said.…

The number of members from China’s leading scientific and engineering institutes in the top ranks of the Communist Party has doubled over the course of a decade, according to a new report. It said the number of academicians in the party’s 18th Central Committee, selected in 2012, stood at 15, accounting for around 3.5 per cent of the total membership. But when the 20th Central Committee started its five-year term in 2022, this total had risen to 30, around 8 per cent of the total, including seven full members. Advertisement…

South China Morning Post

China’s top civilian aircraft manufacturer is reassessing geopolitical risks to its supply chains – particularly for jet engines sourced from foreign firms – according to a source at the planemaker, as deliveries of its flagship C919 passenger jet appear to be late or delayed this year. The Shanghai-based Commercial Aircraft Corporation of China (Comac) is facing external and internal constraints, including reliance on foreign suppliers for critical components and persistent manpower shortages,… South China Morning Post

For Tim Avanzato and the team at Lanca Sales, Monday marked the start of a high-stakes digital scramble to recover tariffs paid after US President Donald Trump imposed steep duties on almost all imports, including from China, last year. While the New Jersey-based company that imports and exports food packaging has become accustomed to operating under tariffs and adjusting its business around them, Avanzato, who handles global trade and logistics at the firm, said the refund process has… South China Morning Post

China has released new regulations that aim to counter the “unjustified” extraterritorial use of foreign laws, the latest move to protect its interests from external threats. Analysts view the move as a shift from diplomatic protests to legal warfare, and some warn it could have wide-ranging applications. The European Chamber of Commerce in China raised concern that the “broad scope, vague language and wide discretion” of the rules went far beyond similar statutes in the West. Amid the US… South China Morning Post

Indonesia says it is not choosing sides. That is true in diplomacy. It is less true on the map. The “major defence cooperation partnership” announced by Washington and Jakarta on April 13 is written in the safe language of official communiques: capacity building, education, exercises, cooperation. But the harder meaning lies beneath the phrasing. The most important line in this new defence partnership is not the reassuring one about “peace and stability”. It is the one about “maritime,… South China Morning Post