China’s restrictions on rare earth metal exports are creating a crisis for the US defense industry, impacting production of critical military equipment. American defense firms are facing shortages and …
Monthly Archives For August 2025
Sunwoda Taps Hong Kong IPO for Funding to Survive China’s Brutal EV Battery Price War
One such player hoping to survive the shakeout is Sunwoda Electronic Co. Ltd., which aims to tap global investors for cash with a planned IPO. Last week the company filed a preliminary prospectus for …
Chikungunya virus spreading fast in China – is it reaching pandemic level? Here’re causes, symptoms and treatment
The southern province of Guangdong is seeing thousands of infections as a result of China’s unexpected chikungunya virus outbreak. Public anxiety has increased due to the rapid spread, which has drawn …
Beijing steps up as Washington steps back
Beijing pushed back strongly against Washington’s tariff moves, responding to each new tariff announcement with tit-for-tat retaliation. The government’s stance has earned strong public support, especially as the White House’s confrontational rhetoric stirred historical sensitivities…
US-China battle over rare earths, Beijing’s beef industry boost: SCMP daily highlights
From China’s plan to bolster the cattle industry to its high-speed rail nearing a 50,000km milestone, here’s a round-up from today’s coverage.
US trade deficit hits nearly 2-year low in June; China gap plunges
The U.S. trade deficit narrowed in June on a sharp drop in consumer goods imports, and the trade gap with China shrank to its lowest in more than 21 years, the latest evidence of the…
Trump says he will meet China’s Xi if a trade deal is struck
President Donald Trump said on Tuesday the U.S. was close to a trade deal with China and that he would meet his Chinese counterpart Xi Jinping before the end of the year if an agreement…
Asia’s Coal Imports Dip as China and India Cut Purchases
Asia’s thermal coal imports fell nearly 8% in July year-on-year as China and India cut overseas purchases in favor of rising domestic supply and weakening demand.
Flights from Guangzhou and Shenzhen impacted by heavy rainfall
The widespread heavy rainfall has led to rapid rises in river water levels in Guangdong, according to local meteorological and hydrological departments.
What to Know About Chikungunya Amid Southern China Outbreak of Mosquito-Borne Virus
Thousands in southern China have been infected with a mosquito-borne illness in the past few weeks, in what’s considered one of the most notable outbreaks of the disease since it was first detected in …
China’s property slump may be bottoming, as analysts point to hopeful signs of recovery
The decline in China’s new home sales this year may slow to 7 per cent, Fitch Ratings says after revising its forecast from a previous slump of 15 per cent.
Analysis: How China’s Property Slump Has Impacted the Economy
China’s real estate market has suffered declines in sales, investment and prices since 2021. But just how deep is the industry’s slump, and how much does it still matter to China’s economy?
Aztech Global’s subsidiary sells China property for RM41 mil
In addition to the sale of the property, Aztech Communication Device will lease back part of the property for a period of 10 years for an aggregate rental of RMB20 million.
