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US ‘gold card’ fails to lure rich Chinese, Shenzhen exports decline: SCMP daily highlights
From Trump’s attempt to entice wealthy Chinese to the US to Shenzhen’s ‘volatile’ trade in April, here’s a round-up from today’s coverage.
Published on: May 23, 2025 | Source:
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Could Trump’s Deals in the Middle East Secure US Influence Against China?
The agreements signed during Trump’s tour satisfy the Gulf’s strategic interests in ways China cannot.But will the reality live up to the hype?
Published on: May 23, 2025 | Source:After Trump crypto dinner, Justin Sun celebrates ‘strong signal’ to the industry
The Tron founder, with the largest holding of the $TRUMP memecoin, tells the Post that he sees recent US crypto moves affecting China.
Published on: May 23, 2025 | Source:Why is China fighting so hard against the US’ new chip ban – and will it work?
Beijing’s strong reaction to new US curbs on Chinese chips stems from a growing confidence that it can outlast Washington in a stand-off, analysts say.
Published on: May 23, 2025 | Source:Global study debunks ‘lab leak’ theory, finds Covid-19 virus didn’t originate in Wuhan
Genetic analysis traces origins of coronavirus to bat populations in Laos and southwest China years before pandemic emerged.
Published on: May 23, 2025 | Source:Campaigning With a Bulletproof Vest: Political Violence and Polarization in South Korea
After surviving a stabbing and appearing on a coup arrest list, South Korea’s presidential frontrunner now campaigns behind bulletproof glass – exposing deeper political polarization and growing threats to democratic stability.
Published on: May 23, 2025 | Source:Trump threatens EU with 50% tariffs over breakdown in talks as Apple stares at 25%
Sweeping levies targeting bloc would start June 1 as China continues charm offensive across continent to deepen engagement.
Published on: May 23, 2025 | Source:EU threatens to walk away from trade showdown with China over lack of progress
The bloc’s ambassador Jorge Toledo said he was ‘afraid we are not going to hold’ key talks paving the way for a leaders’ summit.
Published on: May 23, 2025 | Source:US economy’s heavy dependence on arms sales should worry the world
Trump’s Gulf tour and his proposed budget highlight a disproportionate US reliance on its military-industrial complex.
Published on: May 23, 2025 | Source:The Future of Decentralized Energy in Pakistan
Pakistan’s off-grid solar boom holds immense promise. But without strategic guidance and integrated policy, it risks reinforcing inequality instead of resolving it.
Published on: May 23, 2025 | Source:After Protests Force a Shake-up, Who Would Become Mongolia’s Next Prime Minister?
Prime Minister Oyun-Erdene is expected to resign early next week amid public outrage over a lavish lifestyle. Who will succeed him?
Published on: May 23, 2025 | Source:Xi urges ‘new chapter’ in China-Germany ties in call with chancellor amid US trade war
In first call with Germany’s Friedrich Merz, Xi Jinping calls for ‘fair, transparent and non-discriminatory’ environment for Chinese firms.
Published on: May 23, 2025 | Source:Japan’s ‘men’s concept cafes’ face scrutiny over unlicensed adult services
By operating as restaurants, these cafes have managed to skirt Japan’s adult entertainment law licensing requirements.
Published on: May 23, 2025 | Source:South Sudan should ‘pull back from the brink’: UN
Civilian-populated areas, including a Medecins Sans Frontieres medical facility, have been targeted by warring sides despite warnings of a health catastrophe.
Published on: May 23, 2025 | Source:India moves closer to trade deals with US and EU with lower tariffs as key aim
Commerce Minister Piyush Goyal says India and the US are aiming for a ‘mutually beneficial trade agreement’.
Published on: May 23, 2025 | Source:Twilight of the Warriors exhibition opens at Hong Kong Kowloon Walled City site
Free exhibition inspired by hit film includes expanded showcase of local craftsmanship.
Published on: May 23, 2025 | Source:Chinese robot makers led by Unitree dazzle at Macau’s Beyond Expo amid AI boom
The significant presence of robotics companies underscores the intense domestic competition in the rapidly growing sector.
Published on: May 23, 2025 | Source:US approves China-invented painkiller that could reduce fentanyl overdoses
Qamzova is a non-steroidal anti-inflammatory that provides 24-hour pain relief in a single shot, reducing post-surgery opioid reliance.
Published on: May 23, 2025 | Source:Australia’s record floods on east coast leave 4 dead, 1 missing
New South Wales Premier Christopher Minns praised emergency services and volunteers for rescuing 678 people in recent days in ‘amazing, heroic effort’.
Published on: May 23, 2025 | Source:Young Hong Kong investors want AI involved in their portfolio decisions, survey says
Some younger wealth-management clients even trust robo-advisers more than humans, according to EY.
Published on: May 23, 2025 | Source:Inside South Korea’s secretive air defence hub that aims to scramble jets in 2 minutes
Pilots sprint to their planes seconds after an alert goes out at the Korea Air and Space Operations Centre.
Published on: May 23, 2025 | Source:Crying girl, 3, found alone alongside dead mum in Hong Kong flat
Loud cries from child alerted neighbours, with one saying girl thought 40-year-old mother was simply asleep.
Published on: May 23, 2025 | Source:China’s local governments must now justify big jumps in fines, charges on private firms
New campaign requires authorities to explain skyrocketing punitive fees in latest push to curb abuse of power, protect private sector.
Published on: May 23, 2025 | Source:Alibaba CEO doubles down on ‘unified global cloud network’ as Chinese firms expand abroad
Eddie Wu sees Alibaba Cloud providing the ‘best AI technical services’ to support Chinese enterprises’ global expansion.
Published on: May 23, 2025 | Source:US farmers feel pain as soybean exports to China flatline despite tariff truce
But China’s purchases of American pork show signs of recovery after also plunging to zero during the height of the trade war.
Published on: May 23, 2025 | Source:Armed ICE raid on Filipino teachers in Hawaii decried as ‘abuse of power’ by US senators
The raid, which witnesses described as ‘traumatic’, lasted more than 45 minutes and ended without arrests.
Published on: May 23, 2025 | Source:Korean mum probed for ignoring fatally ill son, buying US$144,000 life insurance in his name
Authorities accuse insurance professional of showing ‘indirect intent to kill son,’ mother faces barrage of condemnation online.
Published on: May 23, 2025 | Source:Spain proposes 100% tax on non-EU house buyers
UK citizens are the biggest foreign buyers of Spanish property; Germans, Dutch and other European Union residents will be exempt.
Published on: May 23, 2025 | Source:Foo Fighters will be free to swear, smoke and drink on stage in Indonesia, promoter says
The US band is also allowed to curse, as long as it does not touch on sensitive topics in the Muslim-majority country.
Published on: May 23, 2025 | Source:China’s top exporter, Shenzhen, takes US tariff blow on the chin in April, lagging nation
Export decline last month was led by an 8.3 per cent drop in the city’s general trade, and analyst deems Shenzhen’s export performance ‘volatile’ over last four months.
Published on: May 23, 2025 | Source:70% of Hongkongers under 25 have tried e-cigarettes: university poll
Some 60 per cent of respondents also say they picked flavoured cigarettes or other alternative tobacco products due to peer pressure.
Published on: May 23, 2025 | Source:Mob kills Royal Bengal tiger in India's Assam state
Angry villagers reportedly took the step because the tiger had killed livestock and posed a threat to their lives.
Published on: May 23, 2025 | Source:The Time Is Right for Myanmar Dialogue, Malaysia’s Anwar Says
Ahead of next week's ASEAN Summit, the Malaysian leader has hailed the “remarkable progress" in efforts to end the country's civil war.
Published on: May 23, 2025 | Source:Thai Court Orders Former PM Yingluck Shinawatra to Pay Rice Scheme Damages
The ruling appears to mark a further fracturing of the political pact between the Shinawatras and conservative political establishment.
Published on: May 23, 2025 | Source:Forget Musk. Russ Vought is the real power behind Trump
While Elon Musk has clearly been a major influence on the Trump administration, the less well-known, but arguably more influential, power behind the presidency is Russell (usually Russ) Vought. Vought is the director of the Office of Management and Budget (OMB) – the nerve center of the administration’s sweeping changes. Vought is also rumoured to […] The post Forget Musk. Russ Vought is the real power behind Trump...
Published on: May 23, 2025 | Source: