China’s foreign ministry on Tuesday said it had noted the 30-year prison sentence given to self-exiled Chinese businessman Guo Wengui, who was convicted in a US court for orchestrating a fraud scheme that bilked his followers out of more than US$1 billion. “Guo Wengui is a fugitive wanted under an Interpol red notice issued at the request of the Chinese government, and we have noted the relevant reports,” ministry spokesman Guo Jiakun said on Tuesday. The billionaire businessman, also known as Ho Wan Kwok and Miles Guo, was sentenced on…
Day: June 30, 2026
China is a clear winner from Trump’s war in Middle East, report concludes
China has emerged as the sole winner in Asia from the strait of Hormuz crisis, according to a report published on Tuesday. The report by the Asia Group thinktank concluded that China had weathered the storm of the global commodities crisis resulting from the closure of the Middle Eastern waterway, and also stood to gain from the economic and geopolitical trends sparked by the wider conflict. Iran virtually closed the strait, a vital waterway through which much of the world’s oil and gas flows, after the US and Israel launched…
EU seeks ‘tangible results’ on China trade deficit by October
South China Morning Post
Should China worry more about keeping defence customers than winning new deals?
Retaining existing customers and a potential resurgence of Russian competition may be among the biggest challenges for sales of Chinese weapons systems, according to a report from an Indian think tank. The study, published this month by the Bengaluru-based Takshashila Institution, questioned whether weapons made in China were “foolproof or in muddy waters” and cautioned against the “reductive assumption that Chinese weaponry is uniformly poor in quality”. Instead, the report’s author Anushka Saxena argued that assessing Chinese military hardware required a “far more disaggregated and theatre-specific assessment than the headlines…
Indian officials said to be in talks to allow reporters from China to return
India has stepped up engagement with Chinese media as Beijing presses New Delhi to issue visas to its journalists ahead of a possible visit by President Xi Jinping later this year, though any breakthrough on the issue is likely to take time, according to people familiar with the matter. The outreach includes a meeting between officials from the Indian embassy in Beijing and representatives of Chinese state-run news agency Xinhua on June 24. One person familiar with the discussions described the interaction as an initial engagement, saying any substantive progress…
In 2011, Shanghai–Beijing high-speed rail link officially began operations – SCMP archive
This article was first published on July 1, 2011 Plane beats train, but winning isn’t everything by Will Clem, Shi Jiangtao Two South China Morning Post reporters yesterday pitted the new high-speed Shanghai–to–Beijing train against an airliner and discovered that although taking to the skies had the edge for speed, rail won out for comfort and convenience. They set off from the SCMP’s Shanghai bureau at 2.34pm, taking separate taxis for Hongqiao International Airport and the adjacent railway station. Will Clem was booked on the 4pm bullet train to Beijing;…
China-EU joint statement on trade
South China Morning Post
Why a light plane crash in Beijing created a security dilemma for authorities
The pilot was killed when he flew the two-seater plane into the building near the East Third Ring Road, injuring 13 people, the Chaoyang district government said in a statement on Saturday. There were no passengers on board the plane. It comes as the “low-altitude economy” has been identified as an emerging sector by the Chinese government – referring to activities, businesses and services conducted in airspace below 1km (3,280 feet) such as drone flights. Li Wei, director of the Centre for Counter-Terrorism Studies at the China Institutes of Contemporary…
Chinese tycoon Guo Wengui sentenced to 30 years in US prison for fraud
A US federal court has sentenced exiled Chinese tycoon Guo Wengui to 30 years in prison, after he was convicted of defrauding thousands of people out of more than $1bn. In July 2024, a jury unanimously found Guo, also known as Ho Wan Kwok and Miles Guo, guilty on nine of 12 charges, including securities offences, wire fraud and money laundering. The FBI arrested Guo, who is in his fifties, in March 2023 at his luxury Manhattan apartment overlooking Central Park. At his sentencing hearing in New York on Monday,…
How Chinese forensics team ruled out murder in mystery of a dismembered woman
When a villager in the southern province of Guangdong was walking near his home on a mild day shortly after Christmas in 2019, he noticed a yellow suitcase beneath an expressway embankment. Inside was the headless body of a woman. When police arrived and searched the area, they found the head inside a red travel bag alongside the highway, about 1km south of the villager’s discovery. Nearly seven years later, details of the forensic investigation have been revealed in a peer-reviewed paper that has some surprising answers to the questions…