scmp

Advertisement Advertisement The state of China’s EV industry China’s electric vehicle (EV) industry sits at the centre of numerous economic and geopolitical trends: consumer spending, environmental protection, trade policy, high-end manufacturing, technology and more. In this sho

China’s policy playbook took its EV sector from zero to hero – can other countries follow? The global green shift is providing a way for emerging economies to catch up with global powerhouses, with help from China’s supply chain China’s electric vehicle (EV) industry sits at the

Why China is rapidly expanding its land trade routes to Central Asia Beijing is seeking to diversify its export channels as geopolitical tensions destabilise maritime trade hubs Last year, China became the largest trading partner of all the Central Asian countries for the first t

Another ‘DeepSeek moment’? What China’s Kimi K3 means for the global AI industry The new model from Moonshot AI has revived doubts over Silicon Valley’s cost-heavy strategy, but analysts expect demand for compute to keep rising Trillions of US dollars might rest on the answer, as

Zhipu shares surge 37% as firm builds giant data centre powered by Chinese chips The Chinese AI firm’s stock price has rebounded amid reports it has completed a 1-gigawatt computing centre using only domestic chips Meanwhile, the Beijing-based company had also completed the acqui

‘Clear signals’: Why China looks set to expand capital outflow channels As China’s trade surplus grows, signs point to Beijing broadening the opening-up of its capital account amid yuan internationalisation push “The bigger the surplus, the more outflows China can allow, leading

China, Russia plan fifth rail link to keep trade chugging along in harsh winter months Heilongjiang province is studying feasibility of connecting Heihe city with Blagoveshchensk in Russia by train, aiming to remove road and waterway bottlenecks Plans for a fifth cross-border rai

As Iran war drags on, China keeps tight grip on fuel exports despite eased curbs Tight mandates remain in place to protect domestic energy security amid a resurgence of war in the Middle East While Beijing has lifted refined fuel export restrictions this month amid elevated globa

China’s youth jobless rate edges down in June for third consecutive month The jobless rate for 16- to 24-year-olds fell for the third month, though China’s broader labour market faces headwinds The jobless rate for the 16-24 age bracket, excluding students, fell to 14.9 per cent

Fintech firm Ant International raises US$1.2b to fuel global growth Existing backers Ant Group and Alibaba Group Holding join the equity financing round alongside undisclosed institutional investors Ant International, the affiliate of Chinese fintech giant Ant Group, has raised a

To prosper, China must become a magnet for international students China must seize the opportunity to become a global education hub. Reform of its universities should begin now The global fertility rate has fallen from 2.9 births per woman in 1994 to 2.2 in 2024, and more than ha

Shanghai beats GDP estimates with 5.6% growth – but two-speed recovery persists Official data points to a resilient tech-led rebound even as prominent economists warn household spending remains stubbornly cautious Shanghai’s economy expanded 5.6 per cent in the first half of the