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China Future Tech
Chinese biotech companies have risen up the value chain in recent years, with cross-border licensing deals worth a record US$60 billion in the first quarter of 2026, according to the National Medical Products Administration. Photo: Getty Images

Global Economy

The next tech war? Why biotech may become a new US-China battleground

China’s biotech industry is rapidly moving up the value chain, prompting fears in the US and calls for tighter controls.

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Australian beef will soon be hit by 55% tariff in China, ministry says

China boosts trade-war toolkit with cross-border investment overhaul

China Economy

How a WeChat mini-program is helping China fine-tune drone regulation

New flight-clearance model is being promoted in Shanghai and Sichuan, but Beijing’s skies remain off-limits.

A visitor watches video from a drone at the AWE trade fair in the Shanghai Eastern Hub International Business Cooperation Zone on March 14. Photo: NurPhoto via Getty Images
A visitor watches video from a drone at the AWE trade fair in the Shanghai Eastern Hub International Business Cooperation Zone on March 14. Photo: NurPhoto via Getty Images

Policy

China’s new outbound investment rules

SCMP Plus annotates new investment rules released by China’s State Council in the wake of the high-profile Nexperia dispute and Meta’s aborted acquisition of Manus.

China Economy

Macau taps into Project mBridge digital currency platform

Project mBridge is seen as part of Beijing’s push to establish alternatives to traditional, US-dollar-centric payment networks.

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China Economy

China’s overseas expansion fuelled by government subsidies: OECD report

While OECD figures suggest subsidies have driven Chinese firms’ rapid growth abroad, a Chinese chamber of commerce questioned the report’s standards.

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Welding robots weld a heavy truck cab at an industrial park of Sany, China’s leading heavy equipment manufacturer. A report has revealed Chinese companies are heavily backed by government subsidies which is fuelling their global market expansion. Photo: Xinhua
Welding robots weld a heavy truck cab at an industrial park of Sany, China’s leading heavy equipment manufacturer. A report has revealed Chinese companies are heavily backed by government subsidies which is fuelling their global market expansion. Photo: Xinhua

Global Economy

Why are Asia’s families eyeing liquid assets to secure their children’s wealth?

More of the continent’s parents are providing share portfolios and other assets for their offspring as confidence in property begins to wane.

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China Business

Chinese EV makers recover in May but competition fierce amid overcapacity woes

Consumer willingness to embrace new tech, along with cash subsidies from local governments, gave the EV sector a much-needed boost.

China Economy

Is China’s global economic influence bigger than it looks? New study says yes

Standard metrics understate China’s physical investment gap with the US and its wider economic influence, researchers say.

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A clerk counts Chinese currency notes at a bank branch in Huaibei in central China’s Anhui province. Photo: AP

China Economy

No need for ‘AI Iron Curtain’, China’s Communist Party mouthpiece says

People’s Daily says China and US should work together to advance the development and governance of artificial intelligence.

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Humanoid robots manufactured by Unitree Robotics dance on the opening day of Asia’s first embodied intelligence experience store in Shanghai on Sunday. Photo: AFP
Humanoid robots manufactured by Unitree Robotics dance on the opening day of Asia’s first embodied intelligence experience store in Shanghai on Sunday. Photo: AFP

China Economy

Why China is tightening tech investment rules amid rising global disputes

A new regulation will also grant Beijing the authority to counter foreign entities it views as harming its interests.

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China Economy

‘Unsustainable’: firms face huge spike in shipping costs amid Hormuz crisis

Shipping lines say they have no choice but to pass on steep cost rises, as the Iran war sparks a fuel crisis that could last well into next year.

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China Economy

Family offices eye shifting assets from North America to China, survey finds

Privately run firms managing investments of wealthy families showing ‘growing interest’ in China, UBS report says.

Chinese 100-yuan banknotes at a branch of China Merchants Bank in Hefei, Anhui province. Photo: Reuters

China Economy

Giant Chinese brokerage raising billions for overseas expansion

Citic Securities launches largest equity fundraising by a Chinese brokerage since 2022, aiming to raise 16 billion yuan.

Citic Securities’ company logo. Photo: Shutterstock Images
Citic Securities’ company logo. Photo: Shutterstock Images

China Economy

With mortgages cheaper than rents, small flats become hot property in China

But bigger down payments mean banks are yet to see a recovery in their mortgage loan businesses.

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China Business

Open Questions | Hong Kong must embrace ‘bipolar’ role to thrive in its ‘Stage 3.0’: Charles Li

Veteran deal maker urges an IPO link to lure global resource giants and turn Chinese buyers into owners as city solidifies role as East-West bridge and global capital hub.

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Global Economy

Why America’s brute-force effort on rare earths may not work against China

China spent decades carving out a commanding lead in the rare earth realm. Now the US wants its old piece of the supply chain back – is it still within reach?

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Illustration: Henry Wong
Illustration: Henry Wong

Global Economy

Chinese ‘vertical dramas’ are booming in America. Should Hollywood be worried?

Chinese platforms hosting bite-size soap operas about werewolves and mafia dons are drawing big audiences – and shaking up the streaming market.

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China Economy

As megacities slow, China’s smaller counties lead as new consumer hotspots

Survey last year found that nearly 80 per cent of consumers in China’s third- and fourth-tier cities were optimistic about the economy.

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China Economy

China rises up ‘elite quality’ league table as AI investment booms

China ranked 19th in the latest Elite Quality Index, which assesses whether national elites create sustainable value for their countries.

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Visitors watch humanoid robots fight at the Unitree Robotics booth during the World Robot Conference in Beijing. China has invested heavily in artificial intelligence, robotics and other emerging sectors in recent years. Photo: Reuters
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OPINION
Nicholas Spiro

The View | Green shoots in Hong Kong, mainland China property markets deserve attention

Nicholas Spiro
Nicholas Spiro

Macroscope | Why commodities could be the next big thing in markets

Nicholas Spiro
Wendy Cutler

Opinion | How the US and China can ensure their board of trade is effective

Wendy Cutler
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Nicholas Spiro

The View | The 2 main sources of resilience in Asian real estate

Nicholas Spiro
Alberto Vettoretti

Opinion | Hong Kong is the best anchor for Chinese firms seeking global waters

Alberto Vettoretti
Anthony Rowley

Macroscope | Can Europe and Asia break the grip of US bond markets?

Anthony Rowley
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MULTIMEDIA
Video

How China’s malls are trying to stay relevant

Wire
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Video

World’s top condom maker to raise prices over Iran war

ONE condoms by Karex on display in Petaling Jaya, Malaysia April 21, 2026. REUTERS/Hasnoor Hussain
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Video

The Iran war is going to hurt your skincare routine

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Video

Small hobby businesses hit by rising costs from Iran war

Thai figurine studio founder calls for an urgent lifeline to help small businesses stay afloat
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TRENDING TOPICS
China trade
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