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US has ‘lost its way’, China’s record-smashing gold deposits: SCMP daily highlights
From an American economist lambasting the US to China’s major gold find, here’s a round-up from today’s China and economy coverage.
Published on: March 27, 2025 | Source:
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Trump’s trade policy is misguided but don’t be quick to blame tariffs
Instead of attacking the use of tariffs, the Trump administration’s domestic critics should consider their popularity and effectiveness.
Published on: March 27, 2025 | Source:In Japan, the Radicalness of Yamamoto Taro Meets the Moment
Reiwa Shinsengumi’s rapid ascent marks a seismic shift in the progressive voting bloc in Japan.
Published on: March 27, 2025 | Source:Hong Kong’s Cathay Pacific, HK Express to boost flights to mainland in summer
Airlines will provide nearly 300 return flights weekly during the peak of the season to cities such as Beijing, Shanghai and Zhengzhou.
Published on: March 27, 2025 | Source:4 Key Myths That Manufacture an Immigration ‘Crisis’ in Australia
A so-called Australian immigration crisis is a central election issue, but it's based on misconceptions easily debunked by any examination of the evidence.
Published on: March 27, 2025 | Source:China’s addictive micro-dramas show how commercial demand is fuelling a netcasting boom
The head of China’s body overseeing film and TV calls micro-dramas a ‘new growth pillar for China’s online audio and video industry’, with growing influence overseas.
Published on: March 27, 2025 | Source:Pakistan’s Parsi community shrinks as youth make ‘difficult decision’ to migrate
Many young and skilled Pakistanis want to leave a country wracked with political uncertainty, security challenges and a struggling economy.
Published on: March 27, 2025 | Source:Trump’s Gutting of RFA Hurts Press Freedom – And Helps Its Opponents – Across Asia
RFA and VOA had been the most accessible alternatives to state media for many people in countries like China and North Korea. Not anymore.
Published on: March 27, 2025 | Source:The Drone Dilemma: How Unchecked Warfare From Above Threatens the Indo-Pacific
From the Taiwan Strait to the Korean Peninsula, a drone arms race threatens to turn simmering tensions into open conflict.
Published on: March 27, 2025 | Source:Stephen Roach says trade war puts US on course for ‘cultural revolution’
The Yale economist lamented the path his country is taking under US President Donald Trump during a panel discussion at the Boao Forum.
Published on: March 27, 2025 | Source:The Authoritarian Roots and Implications of the Kyrgyzstan-Tajikistan Border Agreement
Authoritarian consolidation might have accelerated border deal-making on the paper, but it may also impede deal-making on the ground.
Published on: March 27, 2025 | Source:How Local Corruption Evolved in China Under Xi Jinping
Xi’s beefed-up system of anti-corruption inspections paradoxically helps legitimize corrupt practices.
Published on: March 27, 2025 | Source:Alibaba’s Taobao e-commerce site targets fake AI-generated product images in crackdown
Taobao’s initiative aligns with China’s broader regulatory efforts to address the misuse of generative AI.
Published on: March 27, 2025 | Source:Race to save lives and ancient artefacts in South Korea as wildfires rage
At least 27 people have so far been killed in the blazes, the worst in the country's history.
Published on: March 27, 2025 | Source:Hong Kong Sevens, Art Basel no match for Taylor Swift’s economic power: experts
City’s ‘Super March’ of mega-events will give the economy a lift but won’t be able to generate ‘Taylor Swift effect’, academics say.
Published on: March 27, 2025 | Source:Indonesian fishermen sue US food giant Bumble Bee Seafoods in landmark forced labour case
The human-trafficking case highlights the exploitation within the seafood industry, emphasising the need for corporate accountability and systemic reform.
Published on: March 27, 2025 | Source:How Trump’s assault on US universities is reshaping rivalry with China
In purging individuals and ideas from US universities, Donald Trump’s new ‘red scare’ will only diminish America’s ability to attract top tech talent.
Published on: March 27, 2025 | Source:US will struggle to make Europe stop arming up Ukraine
Theofficial Kremlin readoutfrom Putin’s most recent phone call with Trump shared the Russian leader’s demand that “a complete cessation of providing Kiev with foreign military aid and intelligence must become the key condition for preventing an escalation of the conflict and making progress towards its resolution.” Trump’stemporary suspensionof such assistance proves that he has the […] The post US will struggle to...
Published on: March 27, 2025 | Source:2 Hong Kong schools with scant Primary One enrolment eye privatisation, merger
Aplichau Kaifong Primary School announces it will seek self-financing solution, while Price Memorial Catholic Primary School opts for merger.
Published on: March 27, 2025 | Source:Hong Kong to allow permanent residents as young as 7 to use e-channel service
But children between seven and 10 years old should be at least 1.1 metres tall and have valid travel documents, authorities say.
Published on: March 27, 2025 | Source:Beijing confirms what Taiwan already knew: PLA did combat test near island last week
Days after island leader called mainland a ‘foreign hostile force’, Taiwan reported 59 PLA aircraft and 9 naval vessels nearby.
Published on: March 27, 2025 | Source:Top member of Chinese military anti-corruption unit may be caught up in graft probe
Lieutenant General Tang Yong has lost his post on the country’s top political advisory body – usually a sign someone is under investigation.
Published on: March 27, 2025 | Source:PhD student fined for splashing semen leaves Hong Kong, skips penalty review
Lai Changwei, 26, fails to appear at court hearing in which Department of Justice seeks review of sentence it considers inadequate.
Published on: March 27, 2025 | Source:Alibaba launches AI model that can process images and video on phones and laptops
The multimodal Qwen2.5-Omni-7B model is designed to run locally on mobile devices and tops rivals in some benchmarks.
Published on: March 27, 2025 | Source:‘Shameful’: China woman buys flat for old professor she cares for, family claims property
Woman says residence represents not merely bricks and mortar, but four decades of cherished memories.
Published on: March 27, 2025 | Source:Bangladesh to Seal Deal with Musk’s Starlink
While officials say the decision is driven by the need to improve internet connectivity to benefit Bangladeshis, it is likely also aimed at winning Musk’s favor.
Published on: March 27, 2025 | Source:Hong Kong set for cooler weekend, with temperatures to reach low of 16 degrees
Observatory says ‘weather will be cool with one or two rain patches over region during the weekend’ due to influence of northeast monsoon.
Published on: March 27, 2025 | Source:12 words in Malaysia, Singapore-style English enter Oxford dictionary
Food names form the bulk of additions, but other notables include the Malay expression ‘alamak’ and a colloquial meaning for the word ‘terror’.
Published on: March 27, 2025 | Source:Former officials call for parity, reform in China’s pension system
The current pension structure is too lopsided to provide adequate benefits to those in poorer regions, former banking officials say at Boao Forum.
Published on: March 27, 2025 | Source:Thailand offers cash rewards for reporting e-cigarette use amid vaping crackdown
Thailand’s new initiative aims to curb vaping and protect public health, with fines and jail terms for offenders.
Published on: March 27, 2025 | Source:Will India Join the Squad?
If the grouping’s scope and agenda are restructured to focus on soft security issues, such as maritime safety, New Delhi might be more interested.
Published on: March 27, 2025 | Source:China’s 2025 cloud spending to grow 15% on the back of DeepSeek-driven AI adoption
Cloud spending, which totalled US$40 billion in 2024, is expected to reach US$46 billion this year as cloud providers expand investments.
Published on: March 27, 2025 | Source:2,000 tonnes of gold: China says new technology helped find largest deposits
Discovery of two large gold deposits could help China maintain its pace of gold production and prevent a decline in output.
Published on: March 27, 2025 | Source:SenseTime’s 2024 net loss narrows even if it misses analysts’ target amid AI competition
The company reported net loss of 4.3 billion yuan (US$592 million) in 2024, compared with estimate of 4 billion yuan loss.
Published on: March 27, 2025 | Source:How Trump’s reckless policies could trigger a financial crisis
The institutional and legal underpinnings of the US system on which investors have long relied are under sustained assault from the Trump administration.
Published on: March 27, 2025 | Source: