News - South China Morning Post
June 12, 2026 at 5:00 AM
Electric vehicles accounted for a record 66.7 per cent of new car sales in mainland China during the first week of June, the latest sign that the country’s battery-powered carmakers are benefiting from the global energy crisis. Two out of every three new cars sold on the mainland in the seven days ending June 7 were either pure electric or plug-in hybrid vehicles, according to data from the China Passenger Car Association (CPCA). The penetration rate climbed from 62.9 per cent in May as a wave...
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News - South China Morning Post
June 12, 2026 at 5:00 AM
China’s ports continued to dominate global efficiency rankings in 2025, with seven Chinese trade hubs placing in the top 10, according to a study by the World Bank and S&P Global released on Wednesday. The latest edition of the annual report comes at a time when ports are playing a more vital role in the global economy than ever, as facilities strive to handle intense disruptions to global supply chains amid the aftermath of the Red Sea crisis and the ongoing fallout from the US-Israel war on...
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News - South China Morning Post
June 12, 2026 at 2:51 AM
The United States must ensure the next chapter of responsible innovation is written in America, not in China, lawmakers and witnesses told a congressional hearing on Thursday as they sounded the alarm over US-China competition for global supremacy in artificial intelligence (AI). “Cyber security and national security must be taken seriously. The United States cannot afford to let China or any other adversary gain a technological edge in artificial intelligence,” said Tim Scott, chairman of the...
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News - South China Morning Post
June 12, 2026 at 2:15 AM
A Chinese biotechnology company sued the US government on Thursday over being placed on a list of businesses from China that the US Department of Defence has linked to that country’s military. WuXi AppTec filed its complaint in the Washington federal court, calling its inclusion on the list arbitrary, capricious, unsupported by the facts and “the product of political pressure”. It also accused the US government of inflicting substantial reputational and operational harm by branding it a...
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News - South China Morning Post
June 11, 2026 at 11:09 PM
Nvidia’s top executive for Latin America denied on Wednesday that the region has served as a corridor for restricted chips into China, weeks after Anthropic, the American maker of the Claude AI models, alleged that Chinese labs had relied partly on smuggled processors to drive recent advances. Speaking at Web Summit Rio at a moment of intensifying rivalry between Washington and Beijing over artificial intelligence, Marcio Aguiar acknowledged that the pressure on export controls is real enough to...
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News - South China Morning Post
June 11, 2026 at 7:00 PM
This is part of a series on the global impact of SpaceX’s historic IPO, tracing how mainland Chinese investors’ strategies, the Hong Kong market and wider capital flows are being reshaped by Elon Musk’s trillion‑dollar rocket gamble. The landmark listing of US aerospace giant SpaceX is expected to accelerate and reshape the initial public offering (IPO) plans of China’s emerging commercial space companies, according to industry executives and investors. The development comes as space technology...
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News - South China Morning Post
June 11, 2026 at 6:30 PM
One out of every seven plug-in hybrid vehicles registered in Germany in May came from BYD, as the Chinese carmaker’s registrations surged 232 per cent in Europe’s largest auto market from a year earlier. With 6,169 vehicles registered there in May, BYD held a 2.6 per cent share of Germany’s new-car registrations, according to data from the country’s Federal Motor Transport Authority. Of those, 4,290 were plug-in hybrids, led by the Atto 2 DM-i with 2,113 registrations – the top-selling plug-in...
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News - South China Morning Post
June 11, 2026 at 6:00 PM
China holds an edge over the US when it comes to getting artificial intelligence applications into the hands of everyday users, according to tech executives and investors, though they warn that Chinese AI firms are looking increasingly overvalued. China still lagged in computing power but was only “100 days behind” the US in frontier AI model capabilities, according to Chi Zhang, general manager of finance industry at the Alibaba Cloud Intelligence Group, speaking on Thursday at the 2026 HKEX...
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News - South China Morning Post
June 11, 2026 at 5:46 PM
China launched a new test communication satellite on Thursday in a pivotal step to validate technology essential for next-generation orbital connectivity speeds and reliability. The Communication Technology Test Satellite No 25 was sent into orbit on a Long March 5 rocket launched from the Wenchang spaceport in the southern island province of Hainan at 3.30pm on Thursday. “The satellite will be mainly used to verify multi-band, high-rate satellite communication technologies,” state broadcaster...
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News - South China Morning Post
June 11, 2026 at 5:30 PM
Blockbuster initial public offerings from tech champions such as Anthropic and SpaceX are about to fundamentally reshape global capital markets. This wave will redirect capital flows and alter valuations across the tech sector. As competition intensifies, investors worldwide will be forced to completely rethink where future returns will come from. For China, the rise of these companies will intensify an already fierce contest for global capital, putting further strain on foreign investment...
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News - South China Morning Post
June 11, 2026 at 5:14 PM
China has sanctioned Philippine Defence Secretary Gilberto Teodoro Jnr, according to the Chinese foreign ministry. Beijing said on Thursday that Teodoro had repeatedly made erroneous remarks against China, undermined China’s legitimate interests and damaged bilateral relations. “To uphold China’s national sovereignty, security, and development interests, the Chinese side has decided to ban Teodoro, his spouse and his child from entering the Chinese mainland, Hong Kong and Macau,” the ministry...
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News - South China Morning Post
June 11, 2026 at 4:30 PM
China’s biotech firms are pressing ahead with global expansion, a trend industry insiders describe as “irreversible”, even as Washington rolls out investment restrictions and national security measures aimed at slowing their advance. “The US has erected numerous regulatory and non-tariff barriers for Chinese companies seeking to enter the American market,” said Zhang Jun, co-head of the global healthcare group at Chinese investment bank Citic Securities, at the Hong Kong Exchanges and Clearing’s...
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News - South China Morning Post
June 11, 2026 at 4:30 PM
This is part of a series on the global impact of SpaceX’s historic IPO, tracing how mainland Chinese investors’ strategies, the Hong Kong market and wider capital flows are being reshaped by Elon Musk’s trillion-dollar rocket gamble. In 2016, a SpaceX rocket carrying a satellite blew up during a test, destroying on-board equipment and surrounding facilities worth millions of US dollars. Fortunately, the satellite operator, Israel’s Space Communications, had an insurance policy worth almost...
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News - South China Morning Post
June 11, 2026 at 4:00 PM
Former US Treasury secretary Henry Paulson has urged Washington and Beijing to manage their escalating strategic competition to prevent it spiralling into broader conflict, warning that deepening distrust now poses a greater risk than trade imbalances. The US-China relationship was “the most consequential” in the world, requiring careful stewardship as rivalry sharpened across trade, technology and security, he said. “We have to be careful that the decoupling does not become...
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News - South China Morning Post
June 11, 2026 at 3:00 PM
A dog slaughterhouse owner in southern China has closed his facility and begun transitioning to a new livelihood with support from animal advocates, just days before the start of the annual controversial Yulin dog meat festival. Launched by local traders in 2010, the Yulin festival, held annually around late June in Guangxi Zhuang autonomous region, is widely regarded as a commercial campaign to boost sales rather than a long-standing tradition. It has long been condemned for animal cruelty, the...
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News - South China Morning Post
June 11, 2026 at 1:58 PM
An EU-China dialogue on digital matters has been postponed as tensions between the two sides threaten to boil over. The meeting, initially scheduled for June 23 in Beijing, will no longer take place, with no immediate date set for a follow-up, people familiar with the situation confirmed. The Financial Times reported on Thursday that the talks had been abruptly cancelled by Beijing, along with a second meeting involving a senior EU official, as bilateral ties deteriorate on a near-daily...
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Tajikistan News
June 11, 2026 at 11:47 AM
HOHHOT, June 11 (Xinhua) -- The population of milu deer in north China's Inner Mongolia Autonomous Region has been growing steadily, reaching 74 after the first batch of 27 deer was introduced in 2021, according to the regional forestry and grassland bureau. This marks a major achievement in China's efforts to rebuild a rare species population in alpine and frigid zones north of 40 degrees north latitude.
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Kyrgyzstan News
June 11, 2026 at 11:47 AM
HOHHOT, June 11 (Xinhua) -- The population of milu deer in north China's Inner Mongolia Autonomous Region has been growing steadily, reaching 74 after the first batch of 27 deer was introduced in 2021, according to the regional forestry and grassland bureau. This marks a major achievement in China's efforts to rebuild a rare species population in alpine and frigid zones north of 40 degrees north latitude.
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Turkmenistan News
June 11, 2026 at 11:47 AM
HOHHOT, June 11 (Xinhua) -- The population of milu deer in north China's Inner Mongolia Autonomous Region has been growing steadily, reaching 74 after the first batch of 27 deer was introduced in 2021, according to the regional forestry and grassland bureau. This marks a major achievement in China's efforts to rebuild a rare species population in alpine and frigid zones north of 40 degrees north latitude.
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Kyrgyzstan News
June 11, 2026 at 11:14 AM
The population of milu in north China's Inner Mongolia Autonomous Region has been growing steadily, reaching 74 after the first batch of 27 deer was introduced in 2021, according to the regional forestry and grassland bureau. This marks a major achievement in China's efforts to rebuild a rare species population in alpine and frigid zones north of 40 degrees north latitude.A milu herd is seen
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