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South China Morning Post

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China’s investment-driven role in global growth is underestimated, study says

China’s contribution to global growth is underestimated while the yuan is positioned to emerge as a fundamentally strong global currency, according to a new study from a prominent Beijing-based think tank. Researchers from the China Finance 40 Forum (CF40) – comprising senior regulators and financial experts – said the country’s investment scale could be as much as 3.4 times that of the United States when measured by the volume of physical investment. The analysis, published in a note on Sunday,...

South China Morning Post

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Philippine lawmaker surrenders, posts bail after court orders his arrest

A Philippine anti-corruption court ordered the arrest of a prominent senator on Friday over allegations he pocketed a kickback of millions of dollars in a flood-control project, in the latest crisis to entangle the Senate. Senator Jinggoy Estrada surrendered and posted bail before the Sandiganbayan court, allowing him to remain free while the case proceeds. The court barred Estrada from leaving the country while facing the first of two corruption-related charges in relation to the flood control...

South China Morning Post

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US price-fixing probe on Singaporean tycoon signals consistent legal approach

The US indictment of Singapore-based shipping tycoon Teo Siong Seng in a price-fixing scandal has raised questions about Washington’s determination to pursue prominent figures from friendly countries, though legal experts say the case conforms to established American antitrust practice. Teo, the 71-year-old chief executive of Hong Kong company Singamas Container Holdings, has several prominent executive roles, including sitting as chair of the Singapore Business Federation and on the...

South China Morning Post

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China’s ambassador to the United States Xie Feng attends gala event in New York

China’s top diplomat to the United States Xie Feng has told a prominent gathering in New York that US-China relations were at a “historical crossroads”, while acknowledging the winds and bends in the bilateral relationship, following this month’s leaders’ summit. “Two weeks ago, President Xi Jinping and President Donald Trump had a successful meeting in Beijing. Together, they agreed on a new vision of building a constructive China-US relationship of strategic stability,” he told the China...

South China Morning Post

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Is Sara Duterte’s lead for Philippines’ 2028 presidential race in danger?

Vice-President Sara Duterte-Carpio, the daughter of former leader Rodrigo Duterte, has long looked like the politician to beat in the Philippines’ 2028 presidential race, with one of the country’s most powerful political brands behind her, a loyal base in Mindanao and early polls showing her ahead of potential rivals. But two prominent pollsters say her lead is not impregnable. According to Dr Ranjit Rye, founding president of OCTA Research, and Ronnie Holmes, president of Pulse Asia Research...

South China Morning Post

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Meet He Tingbo: Huawei’s ‘chip queen’ trying to rewrite China’s semiconductor playbook

When He Tingbo took the stage in Shanghai this week to unveil Huawei Technologies’ Tau (τ) Scaling Law, the message was about more than a new chip development framework. It was also a statement, showing how the most prominent Chinese technology company to have been subjected to US sanctions wants to compete in semiconductors when access to the world’s most advanced chipmaking tools remains restricted, and when the industry’s decades-old reliance on shrinking transistors is becoming more...

South China Morning Post

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Why the era of the 3 joint US-China communiques may be ‘completely’ over

The era when the three joint communiques set the terms of US-China relations may have “completely come to an end”, a prominent Chinese analyst has warned. Zhu Feng, dean of Nanjing University’s School of International Studies, also said that it might be “unrealistic” to expect Beijing and Washington to reach a comprehensive political understanding on Taiwan, given US domestic politics. Following Chinese President Xi Jinping’s highly anticipated summit with US counterpart Donald Trump earlier...

South China Morning Post

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Breaking the chain? Why Hainan holds the key to survival for China’s aircraft carriers

The PLA Navy’s aircraft carrier base in Hainan could prove vital to the fleet’s survivability and crucial in countering US containment along the first island chain in wartime, according to a prominent mainland Chinese magazine. Such a posture could also support efforts to impose a maritime blockade around Taiwan in the event of a conflict, Defence Review reported this month. China now operates three aircraft carriers: the Liaoning, the Shandong, and the most advanced, the catapult-equipped...

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China’s investment-driven role in global growth is underestimated, study says

Philippine lawmaker surrenders, posts bail after court orders his arrest

US price-fixing probe on Singaporean tycoon signals consistent legal approach

China’s ambassador to the United States Xie Feng attends gala event in New York

Is Sara Duterte’s lead for Philippines’ 2028 presidential race in danger?

Meet He Tingbo: Huawei’s ‘chip queen’ trying to rewrite China’s semiconductor playbook

Why the era of the 3 joint US-China communiques may be ‘completely’ over

Breaking the chain? Why Hainan holds the key to survival for China’s aircraft carriers