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SCMP

Catch up on some of SCMP’s biggest China and economy stories of the day. If you would like to see more of our reporting, please consider subscribing.
1. China’s stimulus debate reignites questions of who gets what, and how

After casino hub Macau unveiled fresh cash handouts of 10,000 patacas (US$1,247) to each of its permanent residents to boost consumption, debates over how mainland China should effectively stimulate domestic spending have reignited, with no clear resolution in sight.
2. China slams US for blocking Gaza ceasefire resolution at UN Security Council
China has lashed out at the US for vetoing the latest UN ceasefire effort for Gaza, accusing Washington of bringing global governance to an “all-time low”.
3. China, US ‘have different definitions of deterrence’. Will this bring disaster?

Scholars say it is time to shed Cold War concepts imported from the West and develop a distinctly Chinese nuclear strategy.
4. China’s new envoy to Ukraine takes office as war, Trump worries escalate
The ambassador’s arrival in Kyiv coincides with a major escalation in the Ukraine war and with US support uncertain under incoming president Donald Trump.
5. Chinese wildlife authorities search for Siberian tiger after it bites villager

Several towns in the northeastern province of Heilongjiang are searching for a wild tiger – and warning residents – after the large feline injured a villager.
6. China war scenario calls for US boost in defence spending to more than 3% of GDP
The US must prepare for a potential conflict with China by raising its defence spending to more than three per cent of GDP, a bipartisan group of lawmakers heard on Wednesday.
7. Why China’s EV battery industry could hit 10 trillion yuan despite overcapacity

A scientist who predicted China’s electric car boom a decade ago says the country’s EV battery industry could expand more than sevenfold, despite existing overcapacity.


China hits jackpot with gold reserves, Japan’s first kiss rate: 5 weekend reads you missed

Trump ‘tariff tantrums’, Duterte assassination threat, Japan’s first-kiss crisis: 5 reads from This Week In Asia

EV giants at crossroads, BYD to overtake Volkswagen, 10 million units a year: 6 China EV reads

China rushes to stockpile US microchips, Chinese supercomputer a world-beater: 5 US-China tech war stories

SCMP Highlights

China’s ‘who gets what’ debate, Beijing slams US over Gaza: SCMP daily catch-up

Beijing has been urged to develop a distinctly Chinese nuclear strategy. Photo: Shutterstock

People walk on a shopping street in Beijing. Photo: EPA-EFE

Illustration: Lau Ka-kuen

Siberian tigers are typically found in northeastern China, parts of North Korea and southeastern Siberia in Russia. Photo: Xinhua

Leading battery scientist Ouyang Minggao says China’s battery industry could be worth 10 trillion yuan (US$138 billion) in the future. Photo: Reuters

China’s ‘significant challenge’ to US, Elon Musk’s security ‘threat’: SCMP daily catch-up

Elon Musk’s electric vehicle company Tesla manufactures half of its cars in China, which also accounts for one-third of its sales. Photo: Aly Song

China’s air force operates J-16D electronic warfare fighter jets for radar jamming, according to a new US government report. Photo: AP

China’s second- and third-tier cities are seeing retail spending bounce back faster than in first-tier cities. Photo: Reuters

The US Department of Homeland Security has been working with Chinese authorities on repatriation flights. Photo: AP

Fu Ying was ambassador to the Philippines, Australia and Britain. Photo: Simon Song

China tech firm gains altitude as Brazil embraces alternative to Elon Musk’s Starlink

Chinese President Xi Jinping holds talks with his Brazilian counterpart Luiz Inacio Lula da Silva in Brasilia on Wednesday. Photo: Xinhua

A commercial spacecraft launch site in Wenchang, in southern China’s Hainan province. Satellite internet provider SpaceSail is positioned to challenge Starlink’s current dominance in Brazil. Photo: Xinhua

China’s reforms should target ‘competitive’ state-ruled sectors: senior economic official

A bullet train passes by the Yongdingmen, the Gate of Perpetual Peace in Beijing. Photo: Xinhua

Han Wenxiu, deputy director of the Central Financial and Economic Affairs Commission’s general office. Photo: AFP

News

China

Economy

From a debate over China’s domestic spending to a hunt for a wild Siberian tiger, here’s a round-up from today’s China and Economy coverage


From a debate over China’s domestic spending to a hunt for a wild Siberian tiger, here’s a round-up from today’s China and Economy coverage.
