scmp

Open QuestionsNobel laureate Simon Johnson on the AI race and China’s ‘over-automation’ problem The Nobel Prize-winning economist discusses how AI is reshaping US-China competition – and poses unique challenges for both economies Simon Johnson is a professor of entrepreneurship a

Advertisement Opinion China’s secret weapon for funding its tech dreams: household savings The old chain of savings flowing into bank deposits is being replaced by one where they are sent into capital markets and tech investment 3-MIN READ3-MIN 1 Listen Professor Tan Kong Yam is

Lower profit margins set to foil Chinese carmakers’ price war plans despite falling sales Net earnings from the sale of a 100,000 yuan car now stand at just 1,500 yuan, according to China Association of Automobile Manufacturers Narrowing profit margins due to higher raw material

Price of parenting: the household maths giving China’s consumers pause Falling property wealth, job insecurity and sky-high childcare costs are forcing middle-class families to aggressively scale back consumer spending Qiu Huiying, a human resources manager in Guangdong, worries

4 ways Hong Kong can shape its future – and the world’s By focusing on its foundational and emerging strengths, as well as its global potential, the city can adapt to a world in flux As Hong Kong approaches the 30th anniversary of its return to China next year, it has an opportun