How US-China economic warfare could play out, China’s nuclear arsenal: SCMP daily catch-up
From a superpower showdown to an arsenal that raises US ‘concerns’, here’s a round-up from today’s China and economy coverage
1. Superpower showdown: how US-China economic warfare could play out under Trump
After retaking the White House last month, US president-elect Donald Trump celebrated his victory by attending an Ultimate Fighting Championship heavyweight bout with his friend and UFC president, Dana White, alongside billionaire ally Elon Musk.
2. US TikTok ban: Supreme Court to review law banning Chinese-owned app
The US Supreme Court said on Wednesday that it had agreed to review a US law that mandates a nationwide ban of the popular Chinese-owned video app TikTok if it fails to secure a non-Chinese buyer by January 19.
3. China’s nuclear warheads total 600 and raise ‘concerns’: Pentagon
China has not only expanded its number of operational nuclear warheads to 600 but improved the diversity and sophistication of its arsenal, the Pentagon said in a report released on Wednesday.