真相集中营

英文媒体关于中国的报道汇总 2025-01-10

January 11, 2025   79 min   16639 words

这些西方媒体的报道内容主要涉及中国的外交经济科技军事社会治安等多个方面,体现了西方媒体对中国多方面的关注。但同时,这些报道也存在着明显偏见,例如: 在报道《美国国家安全顾问担心特朗普可能会将一些印太国家推向中国》中,将特朗普政府描述为“激进扩张的外交政策”,而对拜登政府的外交政策评价较高,体现了报道的偏见。 在报道《美国对俄罗斯实施新制裁,希望减少对中国和印度的石油销售》中,对美国对俄罗斯实施制裁的行为评价较高,而对中国和印度从俄罗斯购买石油的行为持批评态度,体现了报道的偏见和双重标准。 在报道《特朗普重返白宫将加深加拿大和中国之间的分歧吗?》中,对特朗普持批评态度,认为他会导致加拿大和中国的关系恶化,而对加拿大总理特鲁多持同情态度,体现了报道的偏见。 在报道《中国释放世界上最强大的电子战武器设计软件免费使用》中,对中国电子战武器设计软件的能力和优势进行了夸大,同时对美国相应能力的描述较为模糊,体现了报道的偏见和不全面。 在报道《中国民航部门在经历了4年动荡后迎来晴天》中,对中国民航部门在疫情后的恢复情况进行了片面的描述,没有提到疫情对民航部门的长期影响和当前面临的困难,体现了报道的偏见和不全面。 在报道《中国顶级篮球运动员因将女友藏在行李箱中偷运入宿舍而被停赛》中,对中国篮球运动员张兴良的私生活进行了过分渲染和曝光,体现了报道的偏向于炒作和吸引眼球。 在报道《中国向欧盟施压,要求进行谈判以解决“不公平”的贸易壁垒》中,对中国和欧盟之间的贸易争端进行了片面的描述,没有提到欧盟对中国产品的反倾销调查和对中国企业参与欧盟公共采购项目的限制,体现了报道的偏见和不全面。 综上所述,这些西方媒体的报道体现了他们对中国多方面的关注,但同时也存在着明显的偏见和不全面,缺乏客观公正的态度。

Mistral点评

# 关于中国的新闻报道

Economy 章节

引言

  中国作为全球第二大经济体,其经济动态一直是国际社会关注的焦点。西方媒体对中国经济的报道往往充满了多样的视角和观点,然而,这些报道常常带有一定的偏见和双重标准。本章将对西方媒体关于中国经济的报道进行客观评价,旨在揭示其中的事实与偏见,提供一个更为全面和客观的视角。

经济增长与发展

  西方媒体在报道中国经济增长时,往往会强调中国经济增速放缓的问题,并将其归因于各种内部和外部因素。然而,这些报道往往忽视了中国经济增长的质量和结构性变化。

  #### 增速放缓的原因

  首先,中国经济增速放缓是一个自然的经济规律。随着经济体量的不断扩大,维持高增速变得越来越困难。此外,中国政府近年来更加注重经济增长的质量,而非单纯追求数量,这也导致了增速的适度回落。

  #### 结构性改革

  西方媒体常常忽视中国在结构性改革方面的努力和成果。中国政府通过供给侧结构性改革、推动创新驱动发展等举措,积极优化产业结构,提升经济发展的可持续性和竞争力。这些改革措施虽然在短期内可能对增速产生负面影响,但从长远来看,有利于实现高质量发展。

贸易与投资

  西方媒体在报道中国贸易与投资时,往往会强调贸易顺差和对外投资的扩张,并将其视为中国经济的重要支柱。然而,这些报道往往忽视了中国在贸易和投资领域的多样化和平衡发展。

  #### 贸易顺差

  中国的贸易顺差确实在一定程度上反映了其强大的出口能力,但西方媒体往往忽视了中国在进口方面的努力。近年来,中国不断扩大进口,特别是在高科技产品、能源和农产品等领域,这不仅有助于满足国内需求,还有助于平衡国际贸易。

  #### 对外投资

  中国的对外投资不仅限于资源和基础设施领域,还涉及高科技、金融等多个行业。这些投资不仅有助于提升中国企业的国际竞争力,还有助于推动全球经济的共同发展。然而,西方媒体往往将中国的对外投资视为“威胁”,忽视了其积极作用。

金融市场

  西方媒体在报道中国金融市场时,往往会强调股市波动、债务风险等负面因素,但忽视了中国金融市场的稳定性和韧性。

  #### 股市波动

  中国股市的波动确实引起了国际社会的关注,但这在一定程度上是正常的市场行为。中国政府通过一系列措施,如加强监管、完善法律法规等,积极维护金融市场的稳定。此外,中国股市的波动也反映了市场的活力和投资者的多样化需求。

  #### 债务风险

  中国的债务问题确实存在,特别是地方政府和企业的债务压力较大。然而,西方媒体往往夸大了这一问题,忽视了中国政府在债务管理方面的努力。中国政府通过去杠杆化、优化债务结构等措施,积极应对债务风险,确保金融体系的稳定。

结论

  综上所述,西方媒体对中国经济的报道往往带有一定的偏见和双重标准,忽视了中国经济发展的多样性和复杂性。中国经济在增长、贸易、投资和金融市场等多个领域,都展现出了强大的韧性和潜力。未来,中国将继续推进结构性改革,实现高质量发展,为全球经济的稳定和繁荣做出贡献。

新闻来源:

# 关于中国的新闻报道

Politics 章节

引言

  西方媒体对中国政治局势的报道往往充满了偏见和双重标准,这种现象在全球媒体环境中并不鲜见。为了更客观地评价这些报道,本章节将从多个角度对西方媒体关于中国政治的报道进行分析和评价。

1. 政治体制与治理模式

  西方媒体常常对中国的政治体制和治理模式持批评态度,认为其缺乏民主和透明度。然而,这种评价往往忽视了中国特有的历史和文化背景。中国的政治体制是在其独特的历史、文化和社会经济条件下发展起来的,具有其独特的合理性和有效性。

  #### 1.1 政治体制的独特性

  中国的政治体制以中国共产党的领导为核心,这种体制在过去几十年中成功地实现了经济快速发展和社会稳定。西方媒体往往忽视了这一点,而是单纯地从西方民主制度的角度进行评判。

  #### 1.2 治理模式的有效性

  中国的治理模式在应对各种挑战方面表现出了较高的效率和执行力。无论是在抗击贫困、应对疫情,还是在基础设施建设和科技创新方面,中国都取得了显著成就。这些成就在一定程度上说明了中国治理模式的有效性。

2. 人权与法治

  西方媒体对中国的人权和法治问题进行了大量报道,往往采用负面和批评的态度。然而,这些报道常常忽视了中国在人权和法治建设方面的进步和努力。

  #### 2.1 人权问题

  中国在人权保障方面取得了显著进步,特别是在基本生存权和发展权方面。随着经济的发展,中国人民的生活水平显著提高,贫困人口大幅减少。然而,西方媒体往往更关注政治权利和自由权利,而忽视了这些基本的人权保障。

  #### 2.2 法治建设

  中国在法治建设方面也取得了显著进展。近年来,中国不断完善法律体系,加强司法独立和公正,推进依法治国。尽管仍存在一些问题和挑战,但中国政府在法治建设方面的努力和成就不容忽视。

3. 国际关系与外交政策

  西方媒体对中国的国际关系和外交政策进行了广泛报道,往往采用怀疑和批评的态度。这些报道常常忽视了中国外交政策的独立性和多样性。

  #### 3.1 独立自主的外交政策

  中国坚持独立自主的和平外交政策,致力于维护世界和平与稳定。中国在国际事务中坚持公平正义,主张国际关系民主化,反对霸权主义和强权政治。西方媒体往往忽视了中国在国际事务中的积极作用,而是过度关注其与西方国家的分歧和冲突。

  #### 3.2 多边外交与国际合作

  中国积极参与多边外交和国际合作,推动全球治理体系改革和建设。中国在联合国、世界贸易组织、气候变化谈判等多边机制中发挥了重要作用。西方媒体往往忽视了中国在国际合作中的积极贡献,而是过度关注其在国际事务中的竞争性。

结论

  西方媒体对中国政治的报道往往充满了偏见和双重标准,这种现象需要我们在阅读和解读这些报道时保持谨慎和批判的态度。通过客观和全面的分析,我们可以更准确地理解中国的政治体制、治理模式、人权与法治建设以及国际关系与外交政策。只有这样,才能在全球化背景下更好地促进不同文化和制度之间的理解与合作。

新闻来源:

# 关于中国的新闻报道

Military 章节

前言

  西方媒体对中国军事领域的报道一向引人关注,但常常带有明显的偏见和双重标准。为了更好地理解这些报道,本章节将对近期西方媒体关于中国军事的新闻报道进行客观评价,旨在提供一个全面、公正的视角。

1. 中国军事现代化进程

  西方媒体频繁报道中国军事现代化的进展,往往将其描绘成对地区稳定和全球安全的威胁。然而,这些报道往往忽视了中国军事现代化的背景和合理性。

  #### 1.1 历史背景

  中国的军事现代化是其国防政策的一部分,旨在保护国家主权和领土完整。历史上,中国曾多次遭受外来侵略和欺凌,这使得中国在国防建设上采取了更为积极的态度。

  #### 1.2 合理性分析

  中国的军事现代化并非单纯的军备竞赛,而是为了应对复杂多变的国际安全环境。随着科技的发展和国际局势的变化,中国有必要提升其军事能力,以维护国家安全和地区稳定。

2. 中国在南海的军事活动

  西方媒体对中国在南海的军事活动尤为关注,常常将其描绘成“军事扩张”和“霸权主义”行为。

  #### 2.1 南海问题的复杂性

  南海问题涉及多个国家的主权和领土争端,具有高度复杂性。中国在南海的军事活动主要是为了维护其主权和领土完整,同时也是对地区安全的一种保障。

  #### 2.2 双重标准

  西方媒体在报道中国在南海的军事活动时,往往忽视了其他国家在南海的军事存在和活动。例如,美国在南海的军事巡航和军事演习频繁,但这些行为却被视为“维护航行自由”。

3. 中国与台湾问题

  西方媒体对中国与台湾问题的报道往往带有明显的偏见,将中国的行为描绘成“威胁”和“侵略”。

  #### 3.1 台湾问题的历史背景

  台湾问题是中国内政,涉及到中国的国家统一和领土完整。中国政府一贯坚持“一个中国”原则,反对任何形式的“台独”分裂活动。

  #### 3.2 西方媒体的双重标准

  西方媒体在报道台湾问题时,往往忽视了中国政府维护国家统一的合理性和合法性,同时也忽视了西方国家在台湾问题上的干涉行为。

4. 中国的军事透明度

  西方媒体常常指责中国的军事透明度不足,认为这增加了地区的不稳定因素。

  #### 4.1 军事透明度的现状

  中国在军事透明度方面已经取得了显著进展,发布了多份国防白皮书,并积极参与国际军事交流和合作。

  #### 4.2 比较分析

  与一些西方国家相比,中国的军事透明度并不逊色。然而,西方媒体在报道中国军事透明度时,往往采取双重标准,忽视了其他国家在军事透明度方面的不足。

结论

  西方媒体对中国军事领域的报道往往带有明显的偏见和双重标准,这使得公众对中国军事的认识存在偏差。为了更好地理解中国军事的发展和动向,需要从历史背景、合理性和国际环境等多个角度进行全面、客观的分析。只有这样,才能形成一个更为公正和全面的视角,促进国际社会对中国军事的理解和信任。

新闻来源:

# 关于中国的新闻报道

Culture章节

引言

  西方媒体对中国文化的报道往往充满了复杂的情感和多样的视角。这些报道在一定程度上反映了西方对中国文化的理解和误解,同时也体现了文化交流中的双向性和多样性。本章将对西方媒体关于中国文化的报道进行客观评价,旨在揭示其中的偏见和双重标准,并提供更为全面和公正的视角。

文化交流与传播

  西方媒体在报道中国文化时,常常关注其独特性和多样性。例如,关于中国传统节日的报道,如春节、中秋节等,往往能够吸引大量读者的关注。这些报道通常会介绍节日的历史背景、习俗和现代庆祝方式,展示了中国文化的丰富性和持久性。

  然而,这些报道有时也会存在一定的偏见。例如,有些媒体可能会过度强调中国文化的“异域风情”,而忽视其现代化和多样化的一面。这种报道方式容易导致读者对中国文化产生片面和刻板的印象。

文化产业与创新

  西方媒体对中国文化产业的报道,尤其是电影、音乐和艺术领域,通常会突出其快速发展和创新能力。例如,中国电影在国际电影节上的崛起,以及中国艺术家在全球艺术市场中的影响力,都是西方媒体关注的热点。

  然而,这些报道有时也会存在双重标准。例如,有些媒体可能会对中国文化产业的成功表示赞赏,但又对其背后的政府支持和市场策略持怀疑态度。这种报道方式忽视了中国文化产业发展的复杂性和多样性,容易导致读者对其产生误解。

文化遗产与保护

  西方媒体在报道中国文化遗产时,通常会关注其历史价值和保护现状。例如,关于长城、故宫和敦煌莫高窟等世界文化遗产的报道,往往能够吸引大量读者的关注。这些报道通常会介绍文化遗产的历史背景、保护措施和旅游价值,展示了中国在文化遗产保护方面的努力和成就。

  然而,这些报道有时也会存在偏见。例如,有些媒体可能会过度强调中国文化遗产的“古老”和“神秘”,而忽视其现代化和国际化的一面。这种报道方式容易导致读者对中国文化遗产产生片面和刻板的印象。

文化交流与多样性

  西方媒体在报道中国文化交流时,通常会关注其多样性和包容性。例如,关于中国与西方国家之间的文化交流活动,如艺术展览、音乐会和学术交流等,往往能够吸引大量读者的关注。这些报道通常会介绍交流活动的背景、内容和影响,展示了中国在文化交流方面的积极性和开放性。

  然而,这些报道有时也会存在双重标准。例如,有些媒体可能会对中国文化交流活动表示赞赏,但又对其背后的政治和经济目的持怀疑态度。这种报道方式忽视了中国文化交流的复杂性和多样性,容易导致读者对其产生误解。

结论

  西方媒体对中国文化的报道,既有积极的一面,也存在一定的偏见和双重标准。为了更全面和公正地理解中国文化,读者需要具备批判性思维,综合多方信息,避免片面和刻板的印象。同时,媒体也应加强专业性和客观性,减少偏见和双重标准,促进文化交流和理解。

  通过对西方媒体关于中国文化报道的客观评价,我们可以更好地理解中国文化的多样性和复杂性,促进国际间的文化交流与合作。

新闻来源:

# 关于中国的新闻报道

Technology章节

引言

  近年来,中国在科技领域取得了显著的进展,吸引了全球的关注。然而,西方媒体对中国科技发展的报道往往带有偏见和双重标准,这使得外界对中国科技的真实情况产生了误解。本章节将对西方媒体关于中国科技的报道进行客观评价,旨在澄清事实,提供一个更为全面和公正的视角。

1. 科技创新与发展

  #### 1.1 科技创新能力

  西方媒体常常质疑中国的科技创新能力,认为中国的科技进步主要依赖于模仿和盗窃外国技术。然而,实际情况是,中国在科技创新方面取得了显著的成就。以华为为例,该公司在5G技术领域处于全球领先地位,拥有大量的专利和原创技术。此外,中国在人工智能、量子计算、生物技术等前沿领域也取得了重大突破。

  #### 1.2 科技企业的崛起

  西方媒体往往忽视中国科技企业的快速崛起和全球影响力。阿里巴巴、腾讯、百度等公司不仅在中国市场占据主导地位,还在全球市场上展现出强大的竞争力。这些企业在电子商务、社交媒体、搜索引擎等领域的创新,改变了全球科技产业的格局。

2. 科技政策与监管

  #### 2.1 政府支持与政策

  西方媒体常常批评中国政府在科技领域的干预和支持,认为这导致了不公平竞争。然而,政府的支持和政策指导在中国科技发展中起到了关键作用。中国政府通过一系列政策和措施,如“中国制造2025”计划、“互联网+”行动计划等,推动了科技创新和产业升级。

  #### 2.2 数据隐私与安全

  西方媒体频繁报道中国在数据隐私和网络安全方面的问题,认为中国政府和企业存在大规模监控和数据滥用的行为。然而,中国在数据隐私和网络安全方面也采取了一系列措施,如颁布《网络安全法》、《数据安全法》等,以保护个人隐私和数据安全。

3. 国际合作与竞争

  #### 3.1 国际科技合作

  西方媒体常常忽视中国在国际科技合作中的积极角色。实际上,中国积极参与国际科技合作,与多个国家和地区开展了广泛的科技交流与合作。例如,中国与欧洲、美国、日本等国家在科研项目、技术标准制定等方面进行了深入合作,推动了全球科技进步。

  #### 3.2 国际科技竞争

  西方媒体往往将中国视为科技领域的主要竞争对手,并采取各种措施限制中国科技企业的发展。然而,科技竞争是全球科技进步的重要动力。中国科技企业在国际市场上的竞争,推动了全球科技创新和产业升级。

结论

  综上所述,西方媒体对中国科技发展的报道存在明显的偏见和双重标准。中国在科技创新、企业崛起、政府支持、国际合作等方面取得了显著成就。客观、全面地看待中国科技发展,有助于更好地理解中国科技的真实情况,促进全球科技的共同进步。

新闻来源:

# 关于中国的新闻报道

Society 章节

1. 引言

  西方媒体对中国社会的报道常常引起广泛关注,但这些报道往往带有明显的偏见和双重标准。为了更客观地评价这些报道,本章节将从多个角度分析西方媒体关于中国社会的报道,揭示其背后的真实情况和可能存在的误解。

2. 社会治理与公共服务

  西方媒体常常批评中国的社会治理模式,认为其过于严格和缺乏民主。然而,这些报道往往忽视了中国在公共服务和社会稳定方面取得的显著成就。例如,中国在基础设施建设、医疗卫生、教育等领域的投入和成果是有目共睹的。尤其是在新冠疫情期间,中国迅速有效地控制了疫情,保障了人民的生命安全和健康,这些都是西方媒体报道中常常忽视的重要方面。

3. 社会文化与价值观

  西方媒体在报道中国社会文化时,往往从自身价值观出发,对中国的传统文化和现代社会进行批评。例如,他们可能会批评中国的家庭观念、婚姻观念等,认为这些与西方的个人主义和自由主义相悖。然而,这些批评往往忽视了中国社会的多样性和复杂性。中国社会在快速现代化的同时,也在不断探索和发展自身的文化价值观,形成了独特的社会文化景观。

4. 社会经济与就业

  西方媒体在报道中国的社会经济和就业问题时,往往会夸大负面因素,例如收入差距、就业压力等。然而,这些报道往往忽视了中国在减贫和经济发展方面取得的巨大成就。中国已经成功使数亿人口脱贫,并在全球经济中占据重要地位。此外,中国政府在促进就业、提高劳动者权益方面也做出了许多努力,这些都是西方媒体报道中常常忽略的重要事实。

5. 社会稳定与安全

  西方媒体在报道中国的社会稳定和安全问题时,往往会关注负面事件,例如社会矛盾、治安问题等。然而,这些报道往往忽视了中国在维护社会稳定和公共安全方面取得的显著成就。中国政府通过一系列措施,有效地维护了社会稳定,确保了人民的生命财产安全。此外,中国在打击犯罪、维护社会秩序方面也取得了显著成效,这些都是西方媒体报道中常常忽略的重要方面。

6. 社会创新与发展

  西方媒体在报道中国的社会创新和发展时,往往会关注科技创新、互联网经济等方面的成就,但同时也会对中国的创新环境和知识产权保护提出质疑。然而,这些报道往往忽视了中国在社会创新和发展方面取得的巨大进步。中国在科技创新、互联网经济、绿色发展等领域不断取得突破,并且在全球创新体系中占据越来越重要的地位。此外,中国政府也在不断完善知识产权保护体系,促进创新环境的优化。

7. 结论

  综上所述,西方媒体对中国社会的报道往往带有明显的偏见和双重标准,忽视了中国在社会治理、公共服务、文化价值观、经济发展、社会稳定和创新等方面取得的显著成就。为了更客观地了解中国社会的真实情况,需要从多角度、多层次进行综合分析,避免简单化和片面化的报道。通过客观、全面的视角,可以更准确地理解中国社会的复杂性和多样性,从而促进国际社会对中国的正确认识。

新闻来源:

  • Chinese builder Country Garden details offshore debt restructuring
  • China plans to build ‘Three Gorges dam in space’ to harness solar power
  • China, Congo draw up a road map for Xi Jinping’s US$50 billion Africa investment pledge
  • China’s Mars mission leaves US for space dust with Nasa at least 4 years behind
  • Beijing orders Chinese miners to report more of their overseas reserves
  • AI set to reshape the world, Alibaba founder Jack Ma tells Chinese rural teachers
  • China professor in firing line for claiming women can live to 100 if they have 10 kids
  • China concerned by reports of Uygur militants given senior roles in Syrian army
  • Is a glut of phoney Russian goods too much for China’s consumers to bear?
  • China’s EVs to see self-driving ‘democratisation’ in 2025, UBS analyst says
  • UK targets Chinese boat makers in new sanctions to curb migrant crossings from France
  • EU firms in China lament having to silo operations to stay competitive, survey finds
  • China actress claims verbal, physical abuse by talent agency over failure to land roles
  • Chinese actor Wang Xing says fraud gang trafficked him to Myanmar scam compound
  • Huge cement-dust cloud blankets streets in China after silo rupture
  • [Sport] China bets on kitchen appliances to help boost economy
  • Actress Zhao Wei’s divorce, ‘sterile’ Chinese woman’s pregnancy: 5 trending stories
  • China military improves air supply for troops at Himalayan border with India
  • China’s investors, tourists hit pause to size up risks of turmoil in Seoul
  • Indonesia is a ‘hotspot’ for Chinese companies in logistics, supply chain, SF group says
  • Envoy says sloppy American defence firms ‘bigger risk’ to US security than China
  • ‘Living in paradise’: Iraqi man shares love for China after fleeing war-torn homeland
  • China’s consumer inflation falls short of expectations to close out year
  • White House rushes to finish cybersecurity order after China hacks
  • US urged to bolster Global South ties to counter China-Russia partnership
  • New discoveries raise China’s lithium reserves to second largest in the world
  • Ex-professor Feng ‘Franklin’ Tao sues US university after China spying charges overturned
  • China EV giant BYD hits the skids in Brazil as ‘slavery-like’ claims run over labour force

Chinese builder Country Garden details offshore debt restructuring

https://www.scmp.com/business/article/3294122/chinese-builder-country-garden-details-offshore-debt-restructuring?utm_source=rss_feed
2025.01.09 22:29
A photo taken on February 28, 2024, shows condominiums under construction in Beijing by Country Garden Holdings. Photo: Kyodo

Indebted Chinese developer Country Garden Holdings has proposed restructuring terms that aim to reduce its offshore debt by up to US$11.6 billion while providing creditors with multiple options including converting debt into cash or accepting extended maturity periods.

The developer said it had reached an understanding on key terms of the restructuring proposal with a committee comprising seven banks that are long-term business partners, according to a filing with the Hong Kong stock exchange on Thursday night.

The proposal offers five options: converting debt to cash, receiving mandatory convertible bonds maturing in 3.5 years, and extending maturity by 7.5, 9.5 or 11.5 years alongside choosing new debt instruments, including mandatory convertible bonds, notes and loan facilities.

In addition, the controlling shareholder of the company is considering converting its existing shareholder loan, which has an aggregate outstanding principal amount of US$1.1 billion, into shares of the company or its subsidiaries, the company said.

The restructuring proposal would enable the group to achieve “significant deleveraging, with a targeted reduction of indebtedness up to US$11.6 billion”, Country Garden said. “As a result, the group will have a more sustainable capital structure, allowing it to focus on delivering housing units, continuing its business operations, preserving asset value, and implementing a business and asset disposal strategy which it believes has the best potential to maximise value for all stakeholders.”

As of December 31, Country Garden had total offshore attributable interest-bearing liabilities of US$16.4 billion.

The company provided the update on its restructuring ahead of its liquidation hearing on January 20. It comes after the home builder recorded a 50 per cent year-on-year decline in contracted sales to 3.42 billion yuan (US$467 million) in December, according to an exchange filing on Tuesday.

Country Garden pledged to deliver homes to buyers on time and maintain good communications with authorities and stakeholders, as the troubled developer struggles to reorganise US$35.4 billion of debt and shake off legal troubles.

A photo taken on June 5, 2024, shows a housing complex under construction by Country Garden in Tianjin. Photo: AFP

Yang Huiyan, the company’s chairwoman and controlling shareholder, called on top managers in December to guarantee the quality and quantity of its business. It also promised to pay wages on time, especially to migrant workers, with less than two months before the Lunar New Year.

China’s property sector, once the pillar of economic growth, has been in the doldrums since 2020, when the Covid-19 pandemic struck and Beijing slammed the brakes on highly geared developers to prevent risks to the financial system, sparking a liquidity crisis.

Once China’s biggest player in the housing sector, Country Garden fell into a liquidity crunch last year when it failed to repay its offshore creditors and later sought debt relief through a restructuring process.

Country Garden was given a reprieve of almost six months in July when a Hong Kong court adjourned a winding-up hearing and asked it to come up with a restructuring blueprint.

Justice Linda Chan adjourned the case until January 20 after hearing a litigation by Ever Credit, a unit of Hong Kong-listed laminates and chemicals producer Kingboard Holdings. It was the second time that the court adjourned the hearing after Ever Credit filed a petition in February to liquidate the firm and recover a HK$1.6 billion (US$206 million) loan and the interest accrued on it.

China plans to build ‘Three Gorges dam in space’ to harness solar power

https://www.scmp.com/news/china/science/article/3294091/china-plans-build-three-gorges-dam-space-harness-solar-power?utm_source=rss_feed
2025.01.09 23:00
A Long March-5 rocket is seen at the Wenchang Space Launch Centre in southern China. The much larger Long March-9, a reusable heavy-lift rocket, will be used to realise plans for the solar power station in space. Photo: Xinhua via AP

A senior Chinese scientist has revealed an ambitious plan to use super heavy rockets to build solar power stations in space, calling it “another Three Gorges Dam project above the Earth”.

Space-based solar power stations collect energy from the sun in Earth’s orbit and transmit it to the ground, providing continuous power. This is referred to internationally as the “Manhattan Project” of the energy sector.

Space-based solar stations can collect energy without being affected by seasons or day-night cycles. Also, the energy density is much higher in space – about 10 times the average on the Earth’s surface.

“We are working on this project now. It is as significant as moving the Three Gorges Dam to a geostationary orbit 36,000km (22,370 miles) above the Earth. This is an incredible project to look forward to,” said Long Lehao, a rocket scientist and member of the Chinese Academy of Engineering (CAE).

The Three Gorges Dam in central China is the world’s largest hydropower project. Located in the middle reaches of the Yangtze, China’s longest river, the dam has an annual power generation capacity of about 100 billion kWh.

“Imagine installing a solar array 1km wide along the 36,000km geostationary orbit. The energy collected in one year would be equivalent to the total amount of oil that can be extracted from the Earth,” Long added as he delivered a lecture hosted by the Chinese Academy of Sciences (CAS) in October. The transcript of his speech was released by the academy on December 28.

To make this massive project a reality, significant advances must first be made in heavy-lift rocket technology to transport necessary materials into space. New technologies are also needed to efficiently transmit energy from space to the ground.

The Long March-9 (CZ-9), a reusable heavy-lift rocket developed by Long’s team, has shouldered this responsibility.

CZ-9 has a launch thrust of around 6,000 tonnes and a take-off weight of over 4,000 tonnes. It can carry up to 150 tonnes to low Earth orbit, surpassing Nasa’s Saturn V and Space Launch System (SLS) heavy-lift rockets, which have a capacity of 130 tonnes.

Long mentioned this project in a 2022 interview to introduce the design of the CZ-9. “The CZ-9 has a diameter of 10.6 metres (34.7 feet), much larger than the 5 metre diameter of the CZ-5. While the CZ-5 is about 50 metres tall, the CZ-9 will reach 110 metres. A major use of the rocket will be the construction of space-based solar power stations,” he said.

Long’s team has faced significant challenges along the way. Their early efforts with the Long March 3B rocket ended in failure as it veered off course after launch and crashed into a mountain.

“Failure and success are both valuable experiences,” Long said in his lecture. The team worked through the issues and, within two years, they successfully launched again.

“The Long March 3B rocket has since completed 99 launches, placing 108 satellites into their designated orbits. It is on track to become the first Long March model to reach 100 launches,” he said.

Beyond rocket development, other technologies for space solar power stations are also in progress.

In June 2021, China began building its first experimental space solar power station in Bishan, Chongqing. The project focuses on early demonstrations and verification of technologies like space solar power generation, wireless microwave energy transmission, and space communication networks.

In November 2023, a team from the Xian University of Electronic Science and Technology, led by CAE academician Duan Baoyan, published test results for the world’s first complete ground verification system for space solar power stations.

This system, known as the “Chasing Sun Project”, already leads the world in areas such as microwave power transmission, beam collection efficiency, and power transfer efficiency, their article in the journal Engineering said.

According to a CAS report last January, the project has made breakthroughs in long-distance, high-power microwave wireless transmission technology, with wide-ranging applications.

“In addition to constructing a space energy grid and charging satellites, this technology could be used to power airships, drone fleets, mobile maritime platforms, and provide wireless power to remote areas and disaster zones,” the report said.

China, Congo draw up a road map for Xi Jinping’s US$50 billion Africa investment pledge

https://www.scmp.com/news/china/diplomacy/article/3294045/china-congo-draw-road-map-xi-jinpings-us50-billion-africa-investment-pledge?utm_source=rss_feed
2025.01.09 19:00
Chinese Foreign Minister Wang Yi and Republic of the Congo’s President Denis Sassou Nguesso in Brazzaville on Tuesday. Photo: Xinhua

China and the Republic of Congo, also known as Congo-Brazzaville, have formulated “a timetable and road map” for how President Xi Jinping’s US$50 billion funding commitment will go into African infrastructure projects over the next three years.

Chinese Foreign Minister Wang Yi, made the announcement in Brazzaville on Tuesday, on the second stop on his tour of Africa.

Speaking to reporters after his meeting with President Denis Sassou Nguesso, Wang said the two countries will host a ministerial coordination meeting to implement the outcomes of the Forum on China–Africa Cooperation (FOCAC) summit in September.

These included a series of measures to boost trade, economic and diplomatic relations, as well as military cooperation and strengthening of party-to-party relations, in addition to Xi’s funding commitment for the continent.

Among the measures announced at the summit were zero tariffs on 100 per cent of goods from Africa’s least developed countries, as well as major land and sea connectivity projects.

Congo-Brazzaville was picked as FOCAC co-chair last year and the oil-rich nation will host the 2027 forum.

In his meeting with Nguesso, Wang said China “will help Africa to develop and revitalise itself and move towards modernisation, while at the same time promoting the development of Congo and the enhancement of its international influence”.

Nguesso said that as the continent’s role becomes more important, “it is expected that China’s attention to Africa will drive the international community to pay more attention” and support African nations.

Tim Zajontz, a research fellow with the Centre for International and Comparative Politics at South Africa’s Stellenbosch University, said the Republic of Congo will be an “important diplomatic interlocutor for China in the coming years”.

“The government in Brazzaville is keen to further strengthen cooperation across various sectors including infrastructure, agriculture, public health and tourism,” he said.

Chinese President Xi Jinping and foreign leaders arrive at the opening ceremony of the summit of the Forum on China-Africa Cooperation (FOCAC) in Beijing in September 2024. Photo: Xinhua

Between 2000 and 2023, China committed US$5 billion in financing to the Republic of Congo, its key ally, with more than half going into the construction of roads, airports, ports and power plants.

More than 90 per cent of Congo’s exports to China are crude petroleum, followed by refined copper and rough wood. In return, Brazzaville imports finished products, including clothing, electronics, ceramics, machinery and construction equipment.

But Congo wants to export more of its products to China and at last year’s FOCAC won a deal to supply Poria cocos – an edible medicinal fungus – to Chinese markets. The two countries also signed agreements on housing and urban construction at the summit.

Congo’s Foreign Minister Jean-Claude Gakosso has said Chinese funding could rehabilitate the country’s electricity infrastructure and upgrade the 512km (318 miles) Congo–Ocean Railway linking the Atlantic port of Pointe-Noire with Brazzaville.

Carlos Lopes, a professor at the University of Cape Town’s Nelson Mandela School of Public Governance, said the Republic of the Congo’s long-standing partnership with Beijing epitomises the continuity in China-Africa relations.

“With its resource wealth and strategic location, Congo remains central to China’s resource security and infrastructure expansion efforts under the Belt and Road Initiative,” he said.

Wang’s week-long visit to Africa began in Namibia and continued on Wednesday with his arrival in Chad, where he met Prime Minister Allamaye Halina and pledged to strengthen bilateral cooperation, according to state news agency Xinhua.

“China is willing to strengthen all-around cooperation with Chad, steadfastly support each other on major issues, jointly oppose power politics and bullying, safeguard the legitimate rights and interests of both sides, and uphold international fairness and justice,” Wang said.

Chinese foreign ministry spokesman Guo Jiakun confirmed on Thursday that Wang had concluded his visit to Chad, after an armed assault on the presidential complex the same day left 18 attackers and one security officer dead.

Guo was responding to a reporter’s question about Wang’s safety during the ministry’s regular weekly press briefing.

The trip to Africa is a diplomatic tradition for Chinese foreign ministers, who have made the continent their first overseas destination of the year for the past 35 consecutive years. Wang also visited Nigeria as the last stop of the tour.

China’s Mars mission leaves US for space dust with Nasa at least 4 years behind

https://www.scmp.com/news/china/science/article/3294056/chinas-mars-mission-leaves-us-space-dust-nasa-least-4-years-behind?utm_source=rss_feed
2025.01.09 20:00
The US space agency has revised its timeline to retrieve samples from Mars, putting it further behind Chinese plans to bring Martian rocks to Earth by 2031. Photo: Shutterstock

China’s lead in the race to bring rocks back from Mars has grown by a big margin, with Nasa’s updated timeline for the return of samples collected by its Perseverance rover putting it at least four years behind.

Outgoing Nasa administrator Bill Nelson said during a media briefing on Tuesday that the earliest arrival for the Perseverance samples – that are still being collected by the rover, which landed in 2021 – is now 2035.

In contrast, Chinese space officials announced in September that the country’s Tianwen-3 mission remained on track to deliver around 600 grams (21 ounces) of Martian soil by 2031.

Astrophysicist Quentin Parker from the University of Hong Kong (HKU) said the race could represent “a Sputnik moment” – a reference to the Soviet Union’s launch of the first artificial satellite, which caught the US by surprise in 1957.

“China is leading Nasa not just by one year, but by several years, effectively taking a ‘long march’ ahead of America,” Parker said.

Ballooning budgets prompted Nasa last year to scrap its original plan for the Mars sample return mission in favour of seeking a cheaper, faster solution with input from private industry and academia.

Total cost of the programme rose from an estimated US$3 billion in 2020 to US$11 billion just three years later. The expected return date under the original strategy was 2040.

According to Nelson, while the samples could arrive on Earth as early as 2035, they may not touch down until as late as 2039 – just slightly earlier than the original estimate.

Nasa has narrowed its technical route to two options – one using its own well-tested technologies and the other using systems developed by private companies such as SpaceX and Blue Origin, he said.

The decision on whether to fund the mission, and which approach to take, will fall to the next Congress and incoming Nasa administrator – president-elect Donald Trump has nominated Jared Isaacman – among other stakeholders.

Nelson said he could not imagine that the new administration would not fund the retrieval mission. “I don’t think we want the only sample return coming back on a Chinese spacecraft,” he said.

“Will people say that there’s a race? Well, of course people will say that, but [they are] two totally different missions,” he told reporters, stressing that the Chinese and Nasa endeavours were not comparable.

China’s Tianwen-3 will adopt a simple “grab-and-go” strategy by landing a spacecraft at a specific location, while Nasa’s samples have been selected by a “very methodical process”, Nelson said.

Since its arrival on Mars, Perseverance has been collecting rocks at multiple locations representing different geological ages in and around the Jezero crater.

According to Nelson, the Martian samples from Perseverance could give “quite a history of what Mars was like millions of years ago” once they are returned to Earth and analysed in the laboratory.

Yang Wei, a planetary geologist at the Institute of Geology and Geophysics in Beijing, said that China’s research community will be trying to make the Tianwen-3 mission’s sampling as diverse as possible.

As the Chinese mission will use a combination of drilling, scooping, and rover-based sampling, “it would be essential, for instance, to optimise the design of the rover’s route so it can explore various locations,” he said.

Qian Yuqi, a planetary geologist at HKU, agreed that Nasa’s sampling process is more comprehensive but pointed out that it also made the mission extremely complex and time-consuming.

“In contrast, China’s approach has much higher feasibility,” he said, adding that researchers in China and their international collaborators would be carefully selecting Tianwen-3’s landing site to maximise its scientific returns.

China’s successful lunar sample return missions – including Chang’e-5 and last year’s historic Chang’e-6 journey to the moon’s far side – have shown that “grab-and-go style sampling can also address significant scientific questions”.

Qian also noted that “due to Nasa’s budgetary and other constraints”, the mission to retrieve the samples collected by the Perseverance rover on Mars “may face further delays”.



获取更多RSS:

https://feedx.site

Beijing orders Chinese miners to report more of their overseas reserves

https://www.scmp.com/economy/china-economy/article/3294080/beijing-orders-chinese-miners-report-more-their-overseas-reserves?utm_source=rss_feed
2025.01.09 20:00
The supply of rare earth minerals is crucial to the production of technologies like electric vehicles and batteries. Photo: AFP

Beijing has ordered Chinese investors in overseas mining projects to report their proven and prospective reserves of critical minerals, as competition with Washington is poised to escalate following Donald Trump’s inauguration as United States president next week.

On Monday, the Ministry of Commerce expanded the list of mineral resources that Chinese mining enterprises operating overseas must declare, specifically asking for information about rare earths, titanium ore, zircon and tantalum ore.

Chinese companies operating overseas now need to declare more than 41 types of mineral products, compared with 32 before. One of the additional items is antimony, which China stopped exporting in October.

Non-metallic critical minerals on the list include new crystalline graphite, amorphous graphite, boron and fluorite.

The move was based on a recent revision of the Statistical Rules on Foreign Direct Investment, issued by the ministry, the National Bureau of Statistics and the State Administration of Foreign Exchange.

The world’s second-largest economy has rich deposits of minerals like rare earths, which are vital for the production of smartphones, electric vehicles and defence systems, but is also heavily reliant on imports of key metals such as lithium, which is widely used in electric vehicle batteries.

China is the world’s major importer of copper, aluminium, nickel and lithium and has invested heavily in mining operations in countries that have signed up to the Belt and Road Initiative, including the Democratic Republic of the Congo, Zambia, Peru, Chile and Indonesia.

Xinhua quoted the China Geological Survey on Wednesday as saying the country now has 16.5 per cent of the world’s lithium reserves – trailing only Chile – following the discovery of fresh deposits and new techniques that allow the metal to be extracted from minerals.

While Beijing strives for higher self-sufficiency, Washington has expressed concerns about China’s dominance in critical mineral production as it remains heavily dependent on Chinese for key minerals used in the production of semiconductors and advanced weaponry.

“As Trump is likely to continue various bans and increase the tariffs, China’s control of critical material is to create a potential tool to negotiate with Trump once he takes office in late January,” said Christopher Tang, a professor at the University of California, Los Angeles’ Anderson School of Management.

Rob Wittman, a prominent member of the Critical Minerals Policy Working Group of the US House of Representatives’ Select Committee on the CCP (Chinese Communist Party), said last month that China is actively working to undermine US and allied efforts to develop alternative supply chains by securing global mining projects.

“It has used export controls to entrench its dominance,” the group’s annual report said. “The US defence industrial base is not a large enough consumer of these materials to independently support a parallel, non-PRC (non-People’s Republic of China) critical mineral supply chain.”

China supplies more than 50 per cent of US demand for 24 critical minerals, including more than 90 per cent of demand for rare earth elements, the US Geological Survey said last year.

China also produces 90 per cent of the world’s gallium and 60 per cent of the world’s germanium, but it ceased all shipments to the US by July 2023.

There are no official figures available on overseas investments by Chinese mining companies, but an Ernst & Young report released in August last year said China carried out 23 overseas mining and metal-related investment transactions in the first half of last year – representing a year-on-year increase of 64.3 per cent.

AI set to reshape the world, Alibaba founder Jack Ma tells Chinese rural teachers

https://www.scmp.com/tech/tech-trends/article/3294054/ai-set-reshape-world-alibaba-founder-jack-ma-tells-chinese-rural-teachers?utm_source=rss_feed
2025.01.09 18:30
Alibaba Group Holding founder Jack Ma addresses a group of Chinese rural teachers online. Photo: Jack Ma Foundation

Alibaba Group Holding founder Jack Ma on Tuesday reiterated his expectation that artificial intelligence (AI) is set to reshape the world over the next decade, a month after predicting how changes brought by the technology will surpass everyone’s imagination.

In a video speech posted on the social-media account of his eponymous foundation to mark the 10th anniversary of a rural teachers programme, Ma – a former teacher himself – said the rise of AI and China’s demographic shifts will create new challenges to schools across the countryside.

This was the latest address made by the reclusive, 60-year-old billionaire entrepreneur to a group of Chinese rural teachers, part of an annual tradition of the Jack Ma Foundation that is held on the eighth day of the lunar year’s last month.

It echoed his speech last month at the 20th anniversary of fintech giant Ant Group, where Ma said: “From today’s perspective, the changes brought by artificial intelligence in the next 20 years will go beyond everyone’s imagination, as AI will bring a greater era.”

Ma has focused on the education and agriculture sectors in his post-retirement life. He has maintained a low profile over the past several years after stepping down from all his corporate roles in Hangzhou-based Alibaba, where he remains the single-largest shareholder.

Still, he is considered by some as the face of China’s private economy. Alibaba owns the South China Morning Post.

Rural education has undergone a “sea change” over the past decade, Ma, who addressed 1,001 educators on the mainland in 2024, said in his video speech.

“More young rural teachers are joining the cause,” he said. “They live in remote areas, but their thinking is not backward, and they are even at the forefront of educational reform.”

The Jack Ma Foundation’s Rural Teachers Initiative annually selects 100 teachers from across China, each receiving an award of 100,000 yuan (US$13,639). In 2025, 2,894 teachers applied, with those selected having an average age of 39. About 98 per cent of these teachers hold a bachelor’s degree or higher.

Over the past decade, the foundation received around 70,000 applications, visited over 1,500 villages, and conducted nearly 10,000 interviews. Of the selected teachers, 97.5 per cent are still teaching in rural areas.

The foundation also runs the Rural Headmasters Initiative. Twenty headmasters are selected each year and receive 500,000 yuan to help them enhance leadership and management skills.

Ma established his foundation in December 2014, with a focus on education, entrepreneurship, women’s leadership and environmental protection.

China professor in firing line for claiming women can live to 100 if they have 10 kids

https://www.scmp.com/news/people-culture/trending-china/article/3293191/china-professor-firing-line-claiming-women-can-live-100-if-they-have-10-kids?utm_source=rss_feed
2025.01.09 18:00
An academic in China has come under fire for claiming women who have 10 children can live to be 100 years old. Photo: SCMP composite/Shutterstock

A Chinese scholar has triggered a public backlash for claiming that a women who have 10 children can live until they are 100 years old.

The comment from an anonymous professor in Inner Mongolia, northern China, went viral in a video clip circulating on mainland social media at the end of December, according to a report by Daxiang News.

“After giving birth to a child, you will be blessed by God. It will let you live longer,” he said during a classroom talk to students.

“Some women are successful in their career, but their longevity is short. They are unlike those grandmas in villages who have eight, or 10 kids, and usually can live up to 90 or even 100 years old,” the scholar added.

“Those grandmas generally do not have any major diseases. There is a low possibility of them getting sick,” he said.

China is facing the twin problems of an ageing crisis and declining birth rates. Photo: Getty Images

The name of the university he works at was not released in the report.

The professor is said to have also worked at a hospital as a doctor, earning 300,000 yuan (US$41,000) a year.

The story provoked a frenzied discussion on mainland social media, with many people denouncing the scholar.

“Do you have scientific evidence to support your point of view?” asked one netizen.

“Don’t you know there is a risk for a woman giving birth. Are those women who die during labour blessed by God?” said another angry online observer.

“Are they mad pushing us to have kids? The cost of raising children is so high and it is tiring for a parent to educate a kid. Anyway, I have one child now and I will not have more, whatever the experts or the government says,” she added.

The controversial academic claimed career women die younger than those who have many children. Photo: Shutterstock

China is in the grip of an ageing crisis and many young people are reluctant to get married or have children.

The country’s population shrank in 2022 for the first time in 60 years. It fell again in 2023, declining by 2.08 million, with a record low birth rate of 6.39 births per 1,000 people.

The authorities have tried various methods to solve the problem,including giving out cash awards and tax cuts, but their efforts appear to have been in vain.

In December, Wang Xianju, a professor at Renmin University in Beijing, landed in hot water after he asked a visiting Kazakh diplomat how to make Chinese women “obediently and submissively” have children.

China concerned by reports of Uygur militants given senior roles in Syrian army

https://www.scmp.com/news/china/diplomacy/article/3294069/china-concerned-reports-uygur-militants-given-senior-roles-syrian-army?utm_source=rss_feed
2025.01.09 18:00
Syria’s new government is reportedly giving foreign fighters senior command roles in the army. Photo: AFP

China has expressed concern over reports that the Syrian army has given senior ranks to foreign fighters, including members of the Uygur separatist Turkestan Islamic Party.

On Wednesday, Fu Cong, China’s permanent representative to the United Nations, told a Security Council briefing that the country’s new government must “fulfil its counterterrorism obligations and to prevent any terrorist forces from using Syrian territory to threaten the security of other countries”.

He said: “No matter how the domestic situation in Syria develops, the bottom line of zero tolerance for terrorism cannot be changed.”

Reuters reported last week that the new Syrian authorities have installed foreign fighters in the armed forces, including Abdulaziz Dawood Khudaberdi, the commander of the Turkestan Islamic Party (TIP) forces in Syria, who was appointed a brigadier-general.

Beijing has said the TIP, which was involved in the fight against Bashar al-Assad’s regime in Syria, is the same as the Islamist East Turkestan Islamic Movement, which is listed as a terrorist group by the UN.

The East Turkestan Islamic Movement claimed responsibility for two attacks on government officials in Xinjiang in 2011, while Beijing blamed it for the 2013 car bomb attack in Tiananmen Square, in which five people were killed, and other attacks in Xinjiang.

Tensions and unrest in Xinjiang has prompted Beijing to begin a security crackdown that it said was designed to combat terrorism, but it has been accused of widespread human rights abuses, including the use of forced labour, which it denies.

Fu also said Syria “is at a critical stage with daunting challenges” and called for the international community to help Syria stabilise and develop after the sudden collapse of the Assad regime.

Syrian rebel forces led by the militant group Hayat Tahrir al-Sham captured Damascus on December 8 after a two-week lightning offensive. The Islamist group is now in charge of the country and is reorganising the army.

Fu said China supports “a Syrian-led and Syrian-owned political process” and the international community must “allow the Syrian people to decide their country’s future based on their will”.

“We expect all parties in Syria to proceed from the long-term interests of the country and people and start an open and inclusive political settlement process,” he told the briefing.

He also called for more international humanitarian assistance, adding: “China has long pursued a policy of friendship and cooperation with Syria. We stand ready to continue working with the international community for Syria to have a smooth transition and gradually embark on a path of peaceful development.”

Is a glut of phoney Russian goods too much for China’s consumers to bear?

https://www.scmp.com/economy/china-economy/article/3294074/glut-phoney-russian-goods-too-much-chinas-consumers-bear?utm_source=rss_feed
2025.01.09 18:00
The proliferation of stores purporting to sell Russian imports in China is raising questions of authenticity among consumers. Photo: AFP

As if they were copied and pasted, Russian goods markets have sprang up in cities across China in the past few months. They come with all the signature elements: Cyrillic script on blue signage, matryoshka dolls, traditional songs like “Kalinka” and “Katyusha” played on a loop.

Riding a wave of popularity brought on by stronger bilateral trade links and strained relations with the West, these shops sell sausage, chocolates and even durian confectionery while claiming most of their goods are imported from Russia.

But the boom times may be coming to an end as doubts over authenticity soar among consumers. They have ample reason for concern: China does not permit the import of Russian sausage, and the harsh Eurasian tundra is hardly suitable for the tropical durian fruit.

Last week, one such market at a tourist site in the southeastern province of Fujian was placed under investigation by local authorities. According to China Consumer News, officials said the facility had touted false health benefits for its honey and mislabelled domestically produced food as imports.

The national capital had a similar story, according to a report in late December from Beijing Business Today. Across the street from a new Russian market, open for about a week, a similar shop had closed its doors and left behind an ample supply of goods.

The local business outlet said the shop had only opened in April, turning off its lights after a recent inspection by local regulators. They had demanded the shop’s owner provide proof its goods were true Russian imports.

It was far from a unique case. At least two others in the western part of the city have shut down recently, according to the report, both only having been open for around a month.

Russian goods and restaurants have become more popular among Chinese consumers since the outbreak of the war in Ukraine, as Western sanctions on Russia drive the two economies closer. Bilateral trade has hit record levels as Russians source key commodities from China and China buys discounted Russian fuel.

Shortly after the war began in 2022, some Chinese consumers rushed to an online shop for Russian goods that had been officially recognised by Moscow’s embassy in China, snapping up all the products in solidarity.

As of January 7, there are 3,555 registered companies in China related to the trade of Russian products. The number has continued to grow in the past two years, with new business registrations hitting 696 and 894 in 2023 and 2024, respectively, according to Chinese company registry database Qichacha.

In the first week of 2025, the database showed, 13 of these companies had already been registered.

The craze of Russian speciality stores is likely a short-term one, capitalising on current events to make quick money, analysts said.

Product scarcity and consumer curiosity have been the major selling points for Russian goods in China so far, said Zhang Yi, chief analyst at market consultancy iiMedia Research.

“In the future, as consumers’ sense of novelty weakens and competition intensifies, the popularity of such stores may fade.”



获取更多RSS:

https://feedx.site

China’s EVs to see self-driving ‘democratisation’ in 2025, UBS analyst says

https://www.scmp.com/tech/tech-trends/article/3294060/chinas-evs-see-self-driving-democratisation-2025-ubs-analyst-says?utm_source=rss_feed
2025.01.09 17:30
A man rides his bike opposite a self-driving taxi in the Daxing district in Beijing, China, September 2, 2024. Photo: EPA-EFE

Self-driving features will see mass-market adoption in Chinese cars this year, thanks to fierce competition among Chinese electric vehicle (EV) makers that is driving innovation, according to a UBS analyst.

This year will see the “democratisation of high-end autonomous-driving systems” in mainstream vehicles in the country, Paul Gong, head of China auto research at UBS, said during the South China Morning Post’s China Future Tech webinar on Thursday.

Self-driving systems are the brains of many EVs. Tesla still waiting for approval from Beijing to install full self-driving on its models sold in mainland China. At the same time, Chinese EV makers are embracing self-driving features as key benefits of their new models.

The proliferation of self-driving systems in China will happen thanks to the country’s supply chain ecosystem, where some companies specialise in the hardware while others provide the software, Gong said.

A Tesla Model 3 using autopilot is shown driving on the highway in Palm Springs, California, October 12, 2024. Photo: Reuters

China has rapidly progressed from a market for local and foreign carmakers into a global “innovative hub” for new technologies such as electrification and intelligence, which is helping accelerate the adoption of self-driving, according to the analyst.

“Increasingly I argue [that] China could be the R&D [research and development] centre for global car makers,” Gong said. “You have the latest technologies from the EV supply chain, from battery types to software to autonomous driving to lidar. You can get everything.”

China’s fast-evolving car industry has seen the exponential growth of electric vehicles in recent years, boosted by government subsidies, with EV penetration rate reaching above 50 per cent since July last year. The move towards new-energy vehicles in China is “basically a single way of no return”, according to Gong.

To further spur sales amid ongoing weak consumption in the country, China’s National Development and Reform Commission earlier this week renewed a subsidy scheme that gives replacement EV buyers a 20,000 yuan (US$2,728) reward.

Chinese EV makers are also offering aggressive discounts to entice consumers amid cutthroat competition, putting financial pressure on the dozens of smaller players.

Of the 50 or so EV producers in the country, only three – BYD, the world’s largest EV maker, Li Auto, Tesla’s nearest rival on the mainland, and the Huawei Technologies-backed Seres – are posting profits.

While the rapid increase in China’s EV output has fuelled concerns about overcapacity, Gong said that intense competition stimulates innovation, allows for more choice for consumers, and facilitates a faster transition to clean energy.

“So I would say it’s more [of a] complicated picture than just simple overcapacity competition,” Gong said.

UK targets Chinese boat makers in new sanctions to curb migrant crossings from France

https://www.scmp.com/news/world/europe/article/3294088/uk-targets-chinese-boat-makers-new-sanctions-curb-migrant-crossings-france?utm_source=rss_feed
2025.01.09 17:42
Migrants board a smuggler’s inflatable dinghy in an attempt to cross the English Channel. Photo: AFP

Britain will create a new sanctions regime to target the leaders of networks that smuggle tens of thousands of people into Britain each year, as well as the Chinese makers of the boats and motors they use, the government said on Wednesday.

Under huge political pressure to cut the numbers arriving in small boats from France, the government said the laws would complement other reforms.

“We will target those profiting off putting lives at risk, and disrupt the gangs’ finances,” interior minister Yvette Cooper said in a statement.

The policy was due to be the centrepiece of a speech by foreign minister David Lammy on Thursday, seeking to demonstrate coordination between the foreign and interior ministries.

Lammy said Britain would pursue the makers of the boats used by migrant smugglers.

Britain’s Foreign Secretary David Lammy. Photo: EPA-EFE/Pool

He told Times Radio many of the manufacturers were from China. Asked by the BBC whether the government would sanction those businesses, Lammy said: “Absolutely, because when you look at those boats, where do the engines come from? Where does the rubber come from?”

The Chinese Embassy did not immediately respond to a request for comment.

Lammy said the UK would be “the first country in the world to develop legislation for a new sanctions regime specifically targeting irregular migration and organised immigration crime.”

The government said the sanctions would be in place by the end of the year and enable authorities to ban those linked to people-smuggling from entering Britain, punish those trying to do business with them, and freeze assets.

It’s unclear how effective the measures will be, since British authorities can only freeze assets that are in the UK, and most of the smugglers are based elsewhere.

Migrants board a smuggler’s inflatable dinghy in an attempt to cross the English Channel. Photo: AFP

Labour prime minister Keir Starmer was elected in July and immediately ditched the previous, Conservative government’s plan to deport illegal migrants to Rwanda as a deterrent, instead switching focus to breaking up the gangs that organise crossings.

Migrants from North Africa, the Middle East, Europe and elsewhere pay thousands of pounds to traffickers for places in small inflatable boats that then try to cross one of the world’s busiest shipping channels to reach the English coast.

More than 36,800 people made the crossing in 2024, 25 per cent more than the previous year, according to government data, while dozens have died in the attempt.

Starmer is due to discuss migration and other issues with French President Emmanuel Macron at a meeting near London on Thursday.

EU firms in China lament having to silo operations to stay competitive, survey finds

https://www.scmp.com/economy/global-economy/article/3293932/eu-firms-china-lament-having-silo-operations-stay-competitive-survey-finds?utm_source=rss_feed
2025.01.09 13:39
The EU Chamber of Commerce in China says there is much uncertainty about what is happening in the Chinese economy. Photo: AP

China is under pressure to give foreign companies the freedom to localise operations based on market needs, as restrictive regulations and market barriers erode confidence and force many to reassess.

European companies are increasingly being forced to silo their operations in China, part of a wider trend amid a tightening grip on national security, protectionist measures and regulatory fragmentation, the European Union Chamber of Commerce in China said in a report released on Thursday.

The report, based on surveys conducted between August and November and including responses from 128 member companies, added that siloing – the cutting off of China-based functions from operations in the rest of the world – is a strategic response by multinational companies to mitigate risks and comply with local regulations.

Chinese legislations have guided companies to pursue extensive localisation, in their supply chains, workforce, sales and procurement functions, and many have siloed their R&D, data and IT systems, in hopes of ensuring market access and potential inclusions in procurements.

If they do not comply, they face market barriers and the threat of penalties for non-compliance, according to the report.

Geopolitics and escalating trade tensions also compel companies to adjust their supply chains and research-and-development strategies to ensure operational resilience.

“The more pessimistic companies are about these dynamics, the more comprehensive and far-reaching their risk-management approaches are likely to be,” the report said. “However, by doing so they have increased costs while sacrificing the ability to leverage economies of scale and global solutions, stripping away their global competitiveness.”

It added that siloing operations may still not grant them market access equal to that of a “domestic manufacturer”.

Despite a challenging policy landscape and precarious trade tensions, European investment in China has increased rapidly and continuously since the first quarter of 2023, reaching €3.8 billion (US$3.92 billion) in the second quarter of 2024, according to Rhodium Group.

This was the second-highest level of the past decade, bringing EU foreign direct investment (FDI) closer to levels seen in the early 2010s – a period of persistently high EU investor interest in China, the US research firm said.

To reverse the trend and better integrate with the global economy, China should “allow foreign companies the freedom to localise operations based solely on commercial needs, without imposing regulations that compel companies to act otherwise”.

China should also “engage more with stakeholders in the EU, multinational companies and industry associations” while steering “away from excessive self-reliance and self-sufficiency”, and “develop nuanced strategies for strengthening supply chains that do not err towards trade protectionism”, the report said.

As European companies shift their supply chains and FDI out of China, accelerating the loss of jobs and tax revenues, markets are also increasingly exploring tools to protect domestic companies from Chinese competition, a trend set to intensify if current policies that force foreign firms to silo remain unchanged, the report added.

For foreign companies operating in China, the high level of staff localisation and limited movement between China and other regions has led to weakened communication and trust between China subsidiaries and headquarters.

The reopening of borders and visa facilitations were a huge improvement compared with the cut-off seen during the Covid years, but visibility remains an issue and hurdles persist, said Jens Eskelund, president of the EU Chamber of Commerce in China.

“There is an enormous amount of uncertainty about what’s happening in the Chinese economy, how the demand situation is going to develop, trade tensions and going forward, and also, to some extent, reliability of Chinese data,” he said. “Increasing transparency, sharing data points and being open about the challenges being faced would create more confidence.

“Sometimes, even if it’s bad news, it can help, too.”

Data and IT siloing, aggravated by mandatory compliance with China’s stringent regulations, also comes at a high cost, impeding global innovation and creating inefficiencies by forcing companies to maintain separate systems that put them at a disadvantage to local competitors.

Similarly, siloing R&D efforts in China, particularly for sensitive products, results in duplicated work, escalating costs, and stifling innovation. This fragmentation not only undermines the competitive edge of foreign companies but also limits the potential benefits from China’s robust R&D ecosystem, affecting the global coherence of their operations, the chamber said.

EU companies should prioritise maintaining strong communication between their headquarters and China operations, ensuring that home offices receive accurate, on-the-ground insights for informed decision-making, the report suggested, adding that companies must also engage with European stakeholders to explain the complexities of doing business in China.

“It’s critical that companies in China stay connected to their global teams, or they risk losing touch with broader strategic goals,” it noted.

Establishing “decoupling teams” is also essential to assess the costs and risks of localising operations versus remaining connected to global systems, the chamber said.

China actress claims verbal, physical abuse by talent agency over failure to land roles

https://www.scmp.com/news/people-culture/china-personalities/article/3293184/china-actress-claims-verbal-physical-abuse-talent-agency-over-failure-land-roles?utm_source=rss_feed
2025.01.09 14:00
Chinse actress Rosy Zhao has broken her silence on claims that she was verbally and physically abused by her talent agency. Photo: SCMP composite/Weibo/Douyin

Concerns have been voiced amid reports – which have been denied – that Chinese actress Zhao Lusi, also known as Rosy Zhao, was verbally and physically abused by her agency for failing to secure roles.

Born in 1998 in Chengdu, Sichuan province, southwestern China, Zhao gained national stardom in 2020 for her role in The Romance of Tiger and Rose and was dubbed the “Top Follower Born after 1995.”

She boasts nearly 30 million followers on one major social media platform.

On December 27, Zhao was reportedly hospitalised after suddenly falling ill, sparking heated discussions online.

Her social media account was temporarily locked, and photos surfaced showing her frail and skinny in a wheelchair.

Subsequent video clips revealed her walking unsteadily and even struggling to hold a spoon.

Rosy Zhao is adored by the tens of millions of fans who follow her online. Photo: Baidu

The revelations fueled public speculation about her being hospitalised for aphasia, a disorder that affects a person’s ability to understand and use language.

On December 31, a person claiming to be a close friend of Zhao shared shocking revelations about Zhao’s alleged abuse by her agent, all purportedly with Zhao’s consent.

Her friend said: “In April 2019, Zhao was in Beijing auditioning for roles. At that time, she stayed at my place as she had not rented her own flat.

“One night, I came home to find her curled up in the living room. When I asked what happened, she told me she had been reprimanded for hours in a restroom at 2am by her company’s boss.”

The boss allegedly criticised Zhao for failing auditions, saying she was not talented enough to land leading roles, and blamed her for “being fat.”

“After scolding her, the boss even hit her,” which Zhao described as “terrifying”, the friend claimed.

While “the boss later apologised, blaming the incident on being drunk,” Zhao, bound by her contract, could not retaliate and the boss later complained to her mother about her “disobedience.”

On January 1, Zhao unlocked her social media account to share a heartfelt statement acknowledging the abuse and her battle with depression.

“Since childhood, I have been called useless and labeled a ‘pretty vase.’ I was once beaten by a teacher during after-school tutoring,” said Zhao.

“I thought I deserved it because I struggled academically. When I grew up, I was beaten again. Back then, I thought failing auditions was my fault, so I kept quiet and just wanted to escape.

Photos have appeared on social media showing Zhao frail and in a wheelchair. Photo: Baidu

“I have never mentioned this illness before. I do not want to turn being sick into what is now called ‘hype’,” she added.

Following the allegations, Li Wei, the former CEO of Tianjin Galaxy Cool Entertainment Culture Media Co.Ltd , Zhao’s agency, denied ever abusing her in a restroom and released a statement.

He insisted that their relationship had always been supportive, and even shared screenshots of previous interactions to demonstrate their amicable relationship.

Mainland social media was flooded with words of encouragement for Zhao.

One viewer said: “Get well soon, Rosy. Eat more, do not listen to others, be yourself, and keep going.”

“I love this young sister’s shows. She is earnest and hardworking, bright and lovely. I hope she gets well soon. Keep it up!” said another.

Chinese actor Wang Xing says fraud gang trafficked him to Myanmar scam compound

https://www.scmp.com/news/china/diplomacy/article/3294041/chinese-actor-wang-xing-says-fraud-gang-trafficked-him-myanmar-scam-compound?utm_source=rss_feed
2025.01.09 15:18
Chinese actor Wang Xing (right) speaks with Thai police officers in Mae Sot district, Thailand on Tuesday after being rescued from a scam compound in Myanmar. Photo: The Royal Thai Police via AP

A Chinese actor who went missing near the Thailand-Myanmar border confirmed he was a victim of human trafficking and fraud syndicates following his rescue from a scam compound.

Thai authorities arranged for actor Wang Xing to meet his girlfriend in Bangkok on Wednesday morning, according to a social media post by the girlfriend, who identified herself only using the surname Kang.

Thai police earlier confirmed that Wang was tricked into entering Myanmar by fraud groups and lost contact with friends and family near the border between the two Southeast Asian countries. Thai police said he was rescued on Tuesday, which was confirmed by the Chinese embassy on the same day.

In video clips released by The Beijing News on Wednesday, Wang told Thai police that he was sent to a scam centre by armed people. He said there were at least 50 people trapped at the compound.

“It was only when the armed people pushed me into the car that I realised that I might not be in Thailand, but another country,” he said. “There were about 50 people in the building that I was in. There were more in another building, and people came from different countries.”

Wang said he was forced to practise typing for two to three days under high pressure, according to The Beijing News.

“I can’t sleep. I can’t eat. And I didn’t even have the time to pee,” he said in the clip, describing his experience at the compound.

Thai police inspector-general Thatchai Pitaneelaboot said on Tuesday that Wang had communicated via WeChat with people who said they would bring him to Thailand where they were casting a film. However, it turned out they were not actually in Thailand, he said.

“They were believed to be a group in a neighbouring country near the Mae Sot border in Tak province,” he added, referring to a Thai province that borders Myanmar.

Wang’s disappearance made headlines after Kang said on social media late on Sunday that the actor had lost contact with her after arriving in Thailand. Kang’s statement was reposted by several celebrities, including singers and actors.

According to Kang’s post, Wang was invited to act in a production in Thailand by a person posing as an associate director of the film. He reached the Thai capital of Bangkok early on Friday morning, she said.

He was led through Thai immigration control by a person claiming to be a film crew member and driven to Mae Sot district in northwestern Thailand, some 500km (310 miles) from Bangkok’s Suvarnabhumi airport.

Wang lost contact with Kang in Mae Sot, which borders the scam hub of Myawaddy in Myanmar, around noon on Friday. Kang then sought help from the Chinese embassy in Thailand and consulate in the northwestern Thai city of Chiang Mai.

Huge cement-dust cloud blankets streets in China after silo rupture

https://www.scmp.com/news/china/article/3294078/huge-cement-dust-cloud-blankets-streets-china-after-silo-rupture?utm_source=rss_feed
2025.01.09 17:07

A cement silo ruptured at a subway construction site in eastern China’s Zhejiang province, blanketing pedestrians and streets in dust.

[Sport] China bets on kitchen appliances to help boost economy

https://www.bbc.com/news/articles/c79197jr2zeo

China bets on kitchen appliances to help boost economy

Getty Images Customer selects home appliances as a poster promoting trade-in subsidy policy is seen at a market in China.Getty Images
China has faced several economic challenges in recent years

The Chinese government has expanded a list of products that people can trade in to get a discount of as much as 20% on new goods as the country tries to boost its flagging economy.

The list now includes items like microwave ovens, dishwashers, rice cookers and water purifiers.

State-backed trade-in schemes already covered televisions, phones, tablets and smart watches as well as electric and hybrid vehicles.

The world's second largest economy has been facing several challenges, including weak consumer demand and a deepening property crisis.

On Wednesday, officials said 81 billion yuan (£8.9bn; $11bn) had been earmarked this year for the consumer goods trade-in scheme.

China's top economic planning body has said the schemes, which were launched in March, have already produced "visible effects".

According to the country's Ministry of Commerce, the policies have boosted sales of big ticket items such as home appliances and cars.

But some economists have questioned whether the schemes will be enough to significantly increase consumer consumption.

"The approach has had mixed success so far," said Harry Murphy Cruise, head of China economics at Moody's Analytics.

"While it has supported sales of some listed goods, such as cars and appliances, it hasn't driven an overall uptick in spending."

In recent months, China has been pushing ahead with more measures to support its domestic economy as the country's exporters face growing challenges.

In December, a key meeting of China's leaders stressed the need for "vigorous" efforts to boost consumer spending.

That came as President-elect Donald Trump, who is due to return to the White House this month, threatened to impose a 60% tariff on Chinese-made products.

China is due to announce its 2024 economic growth figures next week, which Beijing has said it expects will be around 5%.

Actress Zhao Wei’s divorce, ‘sterile’ Chinese woman’s pregnancy: 5 trending stories

https://www.scmp.com/news/people-culture/trending-china/article/3293886/actress-zhao-weis-divorce-sterile-chinese-womans-pregnancy-5-trending-stories?utm_source=rss_feed
2025.01.09 12:30
A woman in China who fended off a knife attacker using just an umbrella and was hailed online as a hero for doing so has declined lucrative endorsements and live streaming opportunities so as not to tarnish her image. Photo: SCMP composite/Douyin

We have selected five Trending in China stories from the past seven days that resonated with our readers. If you would like to see more of our reporting, please consider .

A woman in China who went viral online after she fended off a knife attacker using an umbrella has returned to the public spotlight for rejecting live streaming offers and refusing to monetise her brave act.

Speculation is mounting over why famous Chinese actress Zhao Wei has moved to distance herself from her debt-ridden husband. Photo: SCMP composite/QQ.com/Weibo

The recent announcement that famous Chinese actress Vicki Zhao Wei had divorced her husband Huang Youlong years ago has sparked a heated discussion on why she revealed the news at the time she did.

A woman in eastern China gave birth to a baby just four hours after she discovered she was pregnant.

A school vice-principal in China has sparked public outrage after her extramarital affair with a former pupil 10 years her junior was exposed online. Photo: SCMP composite/Shutterstock/Weibo

Controversy has erupted over a school vice-principal in China who has been accused of having an extramarital affair with one of her former male students.

China’s former gymnastics champion Wu Liufang, who caused controversy for releasing provocative dances and whose Douyin account was suspended briefly in November, has been banned again.



获取更多RSS:

https://feedx.site

China military improves air supply for troops at Himalayan border with India

https://www.scmp.com/news/china/military/article/3293846/china-military-improves-air-supply-troops-himalayan-border-india?utm_source=rss_feed
2025.01.09 12:00
PLA troops stationed in China’s Himalayan border region now have better access to oxygen supplies, according to the Chinese military. Photo: Weibo

Chinese troops stationed in the harsh conditions of the Tibetan plateau now have access to better supplies of oxygen as part of efforts to strengthen equipment, training and logistics along the disputed western border with India, the military said.

PLA Daily, the People’s Liberation Army mouthpiece, said on Monday that the military has established a 20km (12.4 miles) supply zone to improve operational efficiency at its high-altitude border outposts.

Liu Hao, commander of a border regiment stationed 5,380 metres (17,700 feet) above sea level in the Hotan military subdistrict, told the newspaper that faster and more reliable oxygen access is critical for soldiers’ health and combat readiness.

Hotan – in Xinjiang region on the Karakoram plateau, the second-highest mountain range on Earth – is not far from the Galwan Valley, scene of a deadly skirmish between Chinese and Indian soldiers on June 15, 2020.

China and India share 3,500km (2,170 miles) of disputed border, shaped by colonial-era boundary demarcations, along the Himalayan frontier in some of the harshest conditions on Earth, where oxygen levels are less than 40 per cent of those at sea level.

The Hotan military subdistrict, which is subordinate to the PLA’s Xinjiang Military Command, is responsible for operations along the western sector of the Line of Actual Control, where tensions flared several times in recent years before easing in late 2024.

The two nuclear-armed Asian neighbours agreed to de-escalate tensions following discussions between Chinese President Xi Jinping and India’s Prime Minister Narendra Modi at the Brics summit in October.

According to the PLA Daily report, which cited military doctor Liu Wei, the high-altitude border outpost now boasts “a comprehensive oxygen supply system … providing consistent support for soldiers’ health and combat readiness”.

The newspaper also spoke to Guo Xiangxiang, a staff sergeant who has been stationed at the outpost since 2010, about the advancements in oxygen supply infrastructure that he has witnessed over the years.

“When I first arrived, oxygen supply was scarce, and only critically ill soldiers could access oxygen from steel cylinders,” Guo said. That year, bedside systems were installed to give the troops access to bottled air during their rest periods, he recalled.

In 2016, an oxygen-enriched indoor training facility – with heating, humidifiers and fitness equipment – was introduced to help maintain physical fitness and improve oxygen intake.

According to Guo, the logistical improvements have been transformative since his arrival at the outpost, when oxygen cylinders had to be transported from Kashgar, more than 500km (311 miles) away.

Refilling capabilities first moved to Yecheng and then to a medical station 100km (62 miles) from the outpost. In 2020, a mobile oxygen generation chamber was installed on-site, eliminating the need for long-distance refills.

In 2021, the unit added a micro-pressure oxygen chamber that simulates altitudes as low as 500 metres (1,640 feet). Liu Wei, the military doctor, told PLA Daily that it serves as a recovery station for soldiers after patrols or strenuous activities.

“Compared with self-administered oxygen, the micro-pressure chamber is more controlled and effective,” he said, noting that it provides therapeutic and preventive benefits.

The PLA Daily described the advancements as a transition from emergency “life-saving” oxygen through routine “health oxygen” to “combat oxygen”, reflecting a strategic focus on ensuring soldiers remain fit for duty in extreme conditions.



获取更多RSS:

https://feedx.site

China’s investors, tourists hit pause to size up risks of turmoil in Seoul

https://www.scmp.com/economy/global-economy/article/3293936/chinas-investors-tourists-hit-pause-size-risks-turmoil-seoul?utm_source=rss_feed
2025.01.09 12:00
Trade, investment and tourism between China and South Korea has been muted in the wake of the political crisis in Seoul. Photo: AFP

China’s traders, investors and tourists are likely to pause and examine the risks of South Korea’s prolonged political turmoil in the months ahead, analysts said – with some possibly halting their business or activity outright until more stable circumstances present themselves.

As investigators try to detain South Korean President Yoon Suk-yeol over his declaration of martial law in early December, neither an end to the saga nor clarity about the country’s next leader is in sight.

Chinese traders are sizing up the odds of more street protests in Seoul and further “policy paralysis” over the next six months, said Nick Marro, principal economist for Asia at the Economist Intelligence Unit.

“As long as political uncertainty persists, international investors – including Chinese investors – are going to look at South Korea from a perspective of heightened risks,” Marro said. “That might delay some decision-making or planned investments.”

Korean chipmakers with investments in China are also assessing the terrain, said Victor Gao, vice-president of the Beijing-based think tank Centre for China and Globalisation.

Those giant companies might decide to retain their China projects if Yoon leaves office, he said. US officials asked Yoon’s government to restrict semiconductor technology exports to China last year, in line with curbs imposed by Washington.

Investors from Korea also might delay or cancel projects planned for China depending on who eventually takes power, said Alberto Vettoretti, managing partner of the business consultancy Dezan Shira & Associates.

Yet those same concerns could accelerate Korean investment overseas, he said.

“Political uncertainty in South Korea could lead to an increase in investments by Korean companies outside the country,” Vettoretti said. “This could mean China, but more likely [Southeast Asian] countries, to mitigate political uncertainties back home.”

Trade between the East Asian powerhouses reached US$297 billion in the first 11 months of 2024, according to Chinese customs data. South Korea was China’s second-largest single-country trading partner, after the US.

Direct investment from China to South Korea rose 266.1 per cent year on year in 2024 to US$5.8 billion, according to Seoul’s Ministry of Trade, Industry and Energy. Korean investment in China had reached US$101.3 billion as of last May.

Both Yoon’s party and the chief opposition camp support economic engagement with China, meaning a change of guard in Seoul is unlikely to derail matters, said Yang Pyeong-seop, an invited research fellow with the Korean Institute for International Economic Policy.

Going forward, Gao said, China is likely to focus on “how to maintain relations” with South Korea “without any risks to the upside”.

Some Chinese businesspeople, he added, had signed deals with Korean partners before the martial law attempt.

“Chinese businesspeople are very rational and they refuse to be rattled by ups and downs,” Gao said, adding Chinese imports of Korean motor vehicles, semiconductor chips and consumer electronics will probably keep flowing as usual.

But the strife in Seoul is denting Chinese people’s interest in travelling to South Korea, especially after the deadly crash of a Jeju Air flight on December 29, said Subramania Bhatt, CEO of travel marketing and technology company China Trading Desk.

Bhatt’s firm has tracked a 10 to 12 per cent reduction in bookings from China for the Korean budget airline, he said, adding some Korean travel agencies have suspended online advertising and other promotional activities in China.

The Chinese embassy in Seoul has asked its citizens to avoid political activity in South Korea.

South Korea became the second most popular foreign market for Chinese tourists last year behind Japan, with 3.18 million visiting from January to September per figures from the Korea Tourism Corporation.

A unanimous vote of the Korean National Assembly quickly overturned the imposition of martial law, South Korea’s first since its democratisation in 1987. Yoon was impeached on December 14.

Korea’s state anti-corruption agency and police tried to detain Yoon at his official residence on January 3 but stopped after a stand-off with presidential security staff, the country’s Yonhap news agency reported.

Indonesia is a ‘hotspot’ for Chinese companies in logistics, supply chain, SF group says

https://www.scmp.com/business/china-business/article/3293928/indonesia-hotspot-chinese-companies-logistics-supply-chain-arena-sf-group-says?utm_source=rss_feed
2025.01.09 09:30
Indonesia offers big opportunities for Chinese logistics firms seeking to grow out of cutthroat competition at home. Photo: Mia Castagnone

Indonesia’s growing economy, coupled with a multilingual workforce and vast business opportunities over an archipelago of 15,000 islands, is a magnet for logistics companies from China, according to a leading Chinese courier company.

“I can see a lot of potential in terms of supply chain to help Indonesia and support its economic growth,” said Michael Tung, managing director for Hong Kong and Macau at SF Supply Chain, which provides turnkey supply-chain solutions to enterprises. “Indonesia is one of the hotspots for us. I will put a lot more resources in Indonesia compared to any other Asian countries.”

Hong Kong can support the growth in Indonesia in many ways including in finance and supply chain management, said Tung, whose unit is part of the SF Holding group. In many industries like e-commerce, stiff competition at home has prompted Chinese entities to seek new growth avenues in Southeast Asia, he added.

He spoke at the “Think Business: Think Hong Kong” symposium in Jakarta, organised by the Hong Kong Trade and Development Council.

A delivery drone on display at SF Express’s booth during the World Intelligence Congress in Tianjin, China in May 2019. Photo: Reuters

Under the “Golden Indonesia 2045 Vision”, Indonesia aims to double the size of its gross domestic product in 20 years to enhance its position as Southeast Asia’s biggest economy. Its population is expected to reach 324 million by 2040, making it the fourth or fifth largest consumer market.

“The Hong Kong government is quite smart to shift the focus to work with our neighbours,” Tung said separately in an interview. “These are all untapped areas, which we can work together for mutual benefit.”

Chinese logistics companies, which are already equipped with advanced technology and experience in mainland China’s competitive market like e-commerce and electric vehicle (EV) manufacturing and materials sourcing, can be expected to accelerate their overseas outreach.

“When they come, they don’t need to start from scratch. They will just come and attack the market immediately,” Tung said.

E-commerce platforms and sectors like EVs as well as EV infrastructure like energy stations are experiencing huge growth in Indonesia, he noted. There are tremendous opportunities because of supply chain challenges in a large country.

“If you need to transport an EV from Jakarta to Bali, it’s a logistical nightmare,” he said, citing his experience. “So [the client] asked us to help them to design a network in Indonesia on how to handle this sales and after-sales support.”

Indonesia has a large pool of Chinese-speaking, multilingual talent, Tung also said, giving it an advantage over some countries in the region. Indonesia, which comprises 15,000-odd islands, represents a potential for SF’s drone logistics network. The SF group has already delivered healthcare products to remote hospitals in China, he noted.

SF Supply Chain, which has been operating in Indonesia since 2013, is considering applying for a moneylending licence in the country, a natural progression from its finance business on the mainland and Hong Kong to support transactions and provide loans to clients.

“I’m glad it’s only January,” said Tung. “There is a lot to prepare for and we have a lot of new chances to grow this year outside China.”

Envoy says sloppy American defence firms ‘bigger risk’ to US security than China

https://www.scmp.com/news/asia/east-asia/article/3293991/envoy-says-sloppy-american-defence-firms-bigger-risk-us-security-china?utm_source=rss_feed
2025.01.09 09:56
A Lockheed Martin factory in west Fort Worth, Texas. Photo: TNS

American defence companies are hurting the nation’s security interests by prioritising share buy-backs over delivering weapons to the US military and its allies, according to the outgoing US envoy to Japan.

Ambassador Rahm Emanuel said the firms are more focused on increasing their stock value than on investing in production capacity. This has contributed to delays in weapons shipments, which could harm US security and weaken American alliances, he said in an interview on Wednesday.

“The US defence industry is a bigger risk to America’s security and the credibility of our deterrence than China is,” Emanuel said in Tokyo.

Emanuel, who was confirmed as ambassador to Japan in 2021, said he had witnessed the damaging impact of years-long delays in defence equipment shipments on both the US military and its regional allies. “I can’t tell you how many times here I’ve had to use my political capital to cover for their failure,” he said.

One solution – he added – would be to ban defence contractors from buying back their own stock for several years if they fail to deliver orders on time.

Rising geopolitical tensions and conflicts in the Middle East and Ukraine have fuelled demand for defence products, benefiting companies like RTX Corp., Northrop Grumman Corp. and Lockheed Martin Corp.

In 2023, Lockheed Martin and RTX spent a combined total of US$18.9 billion on stock buy-backs, compared with just US$4.1 billion on capital expenditures, according to data compiled by Bloomberg.

Lockheed Martin and RTX did not respond to requests for comment, nor did Northrop Grumman and General Dynamics Corp., two other major defence contractors with stock buy-back programmes.

Contractors like Lockheed Martin, maker of the F-35 fighter jet, also are being hit with criticism from supporters of president-elect Donald Trump, who argue that the future of defence lies with hi-tech innovators. Billionaire Elon Musk, an adviser to Trump on cost-cutting, has said that “some idiots are still building manned fighter jets like the F-35” in an age of drones.

Emanuel’s remarks are some of the most strident among US officials about large stock buy-back programmes among defence contractors. Last year, Navy Secretary Carlos del Toro said defence companies should prioritise spending on shipyards over stock buy-backs.

One of most acute shortages is in shipbuilding, where the US now falls far behind China in its ability to expand its navy or replace ageing ships. While US military plans call for producing two nuclear-powered attack submarines each year, shipyards can currently only complete one.

Limits on manufacturing capacity and lengthy administrative procedures have also caused delays in delivering US defence equipment to allies such as Japan and Taiwan. The total value of arms bought from the US but not yet delivered to Taiwan was estimated at US$21.95 billion as of November, according to Cato Institute, a US think tank.

One problem was ensuring reliable government funding to give US contractors confidence that contracts would continue well into the future, said Jeffrey Hornung, a senior political scientist at Rand Corp.

“Think of how inconsistent Congress and the White House have been in recent memory with talking about building a huge navy, only to never put the money behind those promises,” Hornung said.

The US has fallen behind China in its ability to expand its navy or replace ageing ships. Photo: AFP

As it faced manufacturing delays, Washington has accelerated weapons shipments to Ukraine by drawing from American military stockpiles, including US$1.25 billion in aid from US inventories announced by the Biden administration at the end of last year. The government is preparing a final US$500 million in military assistance soon, Bloomberg News reported.

The US has also dipped into its own supplies to send anti-tank missiles, sniper rifles and machine guns to Taiwan, Pentagon documents show.

Japan today is one of the biggest buyers of US military hardware after it decided in 2022 to ramp up defence spending in response to growing threats from China and North Korea.

Last week, the US approved the potential sale to Tokyo of as many as 1,200 air-to-air missiles produced by RTX for use on aircraft including the F-15 and F-35. The deal, which is likely to take years to complete, still requires approval from Congress.

Washington wants Japan to help produce more Patriot air-defence missiles to boost global inventories, but plans to increase production have stalled due to a shortage of component known as a seeker, which must be sent from the US.

Emanuel, who will end his term as ambassador next week and has two children in the US military, said chronic delays in weapons shipments were undermining the growing coordination among US allies to deter China’s military and letting down US service members.

He criticised defence industry executives for consistently failing to fulfil promised orders on time without any accountability, and said it was time for them to “have some skin in the game”.

“Your stock options will not be boosted based on stock buy-backs until you fix this problem,” he added.

‘Living in paradise’: Iraqi man shares love for China after fleeing war-torn homeland

https://www.scmp.com/news/people-culture/article/3292759/living-paradise-iraqi-man-shares-love-china-after-fleeing-war-torn-homeland?utm_source=rss_feed
2025.01.09 09:00
A man who fled war-torn Iraq in the 1990s to forge a new life in China has attracted a massive online following with food reviews from across the nation. Photo: SCMP composite/Douyin

An Iraqi man who escaped war who now lives in China has shared his love for Chinese cuisine with millions of fans and calls the country his “paradise”.

Ahmed Mohammed Jaber Alkalthoom, 30, comes from a wealthy Iraqi family and has two younger sisters.

After the Iraq War broke out in 2003, his family fled their hometown and moved to Syria, Lebanon and Egypt.

“During heavy shelling, my parents hid my sisters and myself in the refrigerator to save us,” Alkalthoom told a mainland media outlet.

He added that a missile once exploded less than 300 metres away, rupturing his eardrum.

Ahmed Mohammed Jaber Alkalthoom has made a new life in China. Photo: Douyin

In 2014, with the support of relatives, Alkalthoom relocated to northwest China’s Ningxia Hui autonomous region and started working as an Arabic teacher at an international school.

Determined to integrate into Chinese society, he taught himself Mandarin and learned 108 Chinese characters in three months.

Within a year, he could communicate in Mandarin fluently and had adopted the Chinese name Wang Lixuan.

Before becoming a food influencer last year, Alkalthoom was also an actor and model in China.

His humor, charm, and spot-on Mandarin food reviews have earned him more 10 million fans on mainland social media.

On a trip to the southwestern province of Sichuan, the country’s spicy capital, Alkalthoom tried Sichuanese barbecue, or chuanchuan.

Struggling with the heat of the food, he joked to the server in Mandarin: “It feels like all the chilli peppers are meeting to plot my demise!”

In Changsha, while enjoying chopped chilli fish head, he said: “It is like I just kissed the fish,” to the amusement of many netizens.

Wherever he goes, Alkalthoom runs into excited fans who insist on paying for his meals, and he returns the kindness by buying them fruit and drinks.

From beef noodles in northern China’s Inner Mongolia to hot dry noodles in the central city of Wuhan, his food adventures span much of the country, and have racked up over 3.5 billion views on mainland social media.

However, the scars of war still haunt him.

Alkalthoom tucks into a bowl of hotpot in one of his hugely popular live-stream shows. Photo: Douyin

Once, while eating in Wuhan, the sound of a noodle chef slapping dough startled him and his family, making them duck under the table, thinking it was gunfire.

On another occassion, Alkalthoom panicked at the sound of firecrackers while dining at a barbecue stall in Henan, central China and said in a video: “I thought it was a bomb.”

The video attracted more than 650,000 likes on a major social media platform, with many viewers reassuring him: “Don’t worry, you are in China now. You are safe.”

Reflecting on his journey, Alkalthoom said: “The old me already ‘died’ on earth. Now, I am living my next life in paradise, China.”

His social media biography reflects his philosophy: “After experiencing the pain of life and death, I truly cherish the peace and stability I’ve found in China.”

One online observer wrote: “It is always ordinary people who suffer from the war. I am happy you’ve found a new life in China. I hope you enjoy it here!”



获取更多RSS:

https://feedx.site

China’s consumer inflation falls short of expectations to close out year

https://www.scmp.com/economy/china-economy/article/3293988/chinas-consumer-inflation-falls-short-expectations-close-out-year?utm_source=rss_feed
2025.01.09 09:36
A customer selects fruits at a supermarket in Qingzhou, Shandong province, last month. Photo: Xinhua

Despite efforts to stimulate consumption, China’s consumer price growth fell short of expectations in December, adding uncertainty to the recovery prospects of the world’s second-largest economy.

The consumer price index, a key measure of inflation, rose by 0.1 per cent year on year last month, compared with a 0.2 per cent increase in November, the National Bureau of Statistics said on Thursday.

The figure was lower than the 0.16 per cent growth forecast in a poll by financial data provider Wind.

Meanwhile, the producer price index, which tracks factory gate prices, fell by 2.3 per cent in December, marking the 27th consecutive month of decline. In November, it was down 2.5 per cent.

More to follow …

White House rushes to finish cybersecurity order after China hacks

https://www.scmp.com/news/world/united-states-canada/article/3293983/white-house-rushes-finish-cybersecurity-order-after-china-hacks?utm_source=rss_feed
2025.01.09 07:22
A sophisticated Chinese hacking group known as Silk Typhoon is believed to have stolen a digital key and used it to access unclassified US Treasury information. Photo illustration: Shutterstock

The Biden administration is racing to put out an executive order meant to shore up US cybersecurity in its dwindling days in office, according to four people familiar with the matter.

The executive order, which has cleared some internal hurdles and is close to being published, incorporates lessons from a series of major breaches during the Biden administration, including the most recent US Treasury Department hack attributed to China, according people familiar with the matter who did not want to be named to discuss information that has not yet been made public.

Among the measures, it directs the government to implement “strong identity authentication and encryption” across communications, according to an undated draft of the order seen by Bloomberg News.

In the December Treasury hack, intruders accessed unclassified documents stored locally on laptops and desktop computers. Encrypting information sent by email and worked on in the cloud could help safeguard it from hackers who successfully access systems but then cannot open specific documents.

The US National Security Council did not respond to a request for comment.

In that Treasury incident, a sophisticated Chinese hacking group known as Silk Typhoon is believed to have stolen a digital key from BeyondTrust, a third-party service provider, and used it to access unclassified information relating to potential sanctions actions and other documents, according to two people familiar with the matter.

The department did not immediately respond to a request for comment on the identity of the hackers, which hasn’t been previously reported.

The draft executive order also instructs the government to develop guidelines to better secure cryptographic keys used by cloud software contractors, including by storing them in hardware security modules, a physical device that stores digital keys to keep them safe. Under the executive order, federal contractors would also be required to better manage access.

The draft order also aims to clarify whether software providers follow basic cybersecurity hygiene – such as using multi-factor authentication and complex passwords – that they claim to incorporate.

“In some instances, providers of software to the federal government commit to following cybersecurity practices, yet do not fix well-known exploitable vulnerabilities in their software, which puts the government at risk of compromise,” the draft states.

Whether US president-elect Donald Trump will leave the executive order in place when he takes office remains unclear, though he has vowed to pare back on federal regulation. Trump has signalled that he intends to repeal another Biden administration order intended to provide guardrails around artificial intelligence.

US urged to bolster Global South ties to counter China-Russia partnership

https://www.scmp.com/news/china/article/3293979/us-urged-bolster-global-south-ties-counter-china-russia-partnership?utm_source=rss_feed
2025.01.09 06:24
China’s President Xi Jinping and then US president Donald Trump meet in Beijing during Trump’s first term in office. Photo: Abaca Press/TNS

The US must strengthen relations with the Global South and increase its military presence in the Indo-Pacific to counter the growing China-Russia partnership, two authors said at a Washington think tank on Wednesday.

A panel hosted by Council on Foreign Relations came after the think tank released a report with policy recommendations to address the increasing cooperation between Moscow and Beijing, which it said posed the greatest threat to US national interests since the Cuban Missile Crisis in 1962.

It also came two weeks before the inauguration of US president-elect Donald Trump, whose foreign policy goals are known to be unconventional.

Trump’s tariff threats have unnerved many US allies and trading partners. In December, he said he would impose 100 per cent tariff on Brics nations if they created their own currency.

Moscow and Beijing have used the alliance of Brazil, Russia, India, China and South Africa as a platform to promote an alternative vision of the global order. In their annual summit in Russia in October, Moscow proposed creating a cross-border payment system with the use of the member nations’ own currencies to bypass US dollar.

Speaking on the panel, Richard Fontaine, chief executive officer of the Centre for a New American Security and an author of the report, said it was essential for Washington to build up relations with the “global swing states” and provide a more “affirmative and assertive” trade policy, as China and Russia are cementing their relations with the Global South.

“If we wish countries to not be as aligned as closely with either” Russia or China, then we have to offer something ourselves,” said Fontaine. “We should be focused on what it is we need to do with our allies and ourselves.”

The US has not had a major trade agreement with other regions since Trump pulled out of the Trans-Pacific Partnership in his first term, saying that such free trade pacts take advantage of the United States.

US President Joe Biden initiated a regional trade initiative called the Indo-Pacific Economic Framework for Prosperity with 13 nations in 2022, aiming to recommit the US to the region. But negotiations on how to implement the initiative have been slow, and the future of the pact under Trump is dim.

Meanwhile, Beijing continues to expand its economic footprint through the Belt and Road Initiative, its flagship economic partnership with Global South nations.

Fontaine admitted that the return of a trade agreement like the TPP is unlikely, but the US could engage in sectoral agreements in critical minerals or clean technology, areas the Biden administration is working with allies to counter China’s growing influence.

“[But] we’ll see what happens with tariffs and everything else on Day One of the new administration,” he said.

In the report, Fontaine and his co-author, Robert Blackwill, a former adviser to US president George W. Bush, suggested that the US should also “substantially” strengthen US military presence in Northeast Asia and accelerate arms sales to Taiwan.

It remains unclear whether Trump will make the same defence commitment to the Indo-Pacific as Biden did. Trump has dodged questions about whether Washington will defend Taipei if it is attacked and asked the self-governed island to pay the US for its defence.

In a Taiwan contingency, Blackwill said Russia, Iran and North Korea would not stand idle.

“That doesn’t mean that they will send forces to the Taiwan Strait, but there are many things in the regions that where they’re located, beginning with Europe, that can distract or complicate the US military performance.”

Blackwill said regional powers in Asia, such as India, would be “watching very closely” what Trump does to “ensure that the US is up to the long-term China challenge”.

“Especially in the military balance, and China, of course, has had an enormous impact on that in East Asia, to America’s disadvantage. Will the Americans, in fact, do [what’s] necessary to balance Chinese power?”

New discoveries raise China’s lithium reserves to second largest in the world

https://www.scmp.com/news/china/science/article/3293905/new-discoveries-raise-chinas-lithium-reserves-second-largest-world?utm_source=rss_feed
2025.01.08 23:00
Lithium is key component in electric car batteries. Photo: AFP

China’s lithium reserves have nearly tripled to make it the world’s second-largest holder of reserves of the key metal for renewable energy technology, state news agency Xinhua reported on Wednesday.

The country now accounts for 16.5 per cent of global reserves, behind only Chile, and has moved ahead of Australia, Argentina and Bolivia, according to the China Geological Survey.

The country was previously thought to have held 6 per cent of the world’s total, but the rise is attributed to the discovery of fresh deposits and new techniques that allow the metal to be extracted from minerals.

Lithium is a key material in the country’s booming new energy sector and is critical for producing electric vehicle batteries and electronics.

Beijing has been keen to prospect for fresh reserves because China is the world’s leading consumer of lithium and needs imports to meet its demand.

“For a long time, the country has had a high dependence on foreign lithium resources, with high volumes of imports. This has driven up production costs and limited the development of related industries,” Xinhua reported.

The emerging industries that rely on it include energy storage systems, communications, medical treatments and nuclear reactor fuel, it added.

It said the new discoveries “are expected to alleviate the tight supply of lithium resources and promote healthier development of the global lithium market”.

The newly discovered mines include a 2,800km (1,740-mile) belt of spodumene – a hard rock ore from which the metal can be extracted – in Tibet, according to Science and Technology Daily.

It said the belt has been found to have more than 6.5 million tonnes of lithium resources, and possibly as much as 30 million tonnes. The discovery also suggests scientists may be able to find further reserves in geologically similar areas in the neighbouring provinces of Qinghai, Sichuan and Xinjiang.

Spodumene ore is an important source of lithium. Photo: Shutterstock

The report also said that newly found salt lakes in the Tibetan Plateau are expected to hold more than 14 million tonnes of lithium, the third largest reserve in the world of its kind, according to the newspaper.

Chinese scientists have also overcome technical challenges in extracting lithium from lepidolite, a mineral that has been difficult and expensive to process, the report added.

It said the breakthrough will allow an extra 10 million tonnes of lithium to be extracted from lepidolite in Jiangxi in eastern China, while more may be found in mineral reserves in Hunan and Inner Mongolia.

Lithium is now mainly sourced from hard rock ores or natural brines, both of which involve energy-intensive and environmentally costly processes.

Scientists have also been exploring new ways to obtain lithium. For example, last year a China-US team developed a device to extract lithium from seawater using solar energy.

The sea has abundant quantities of lithium but the presence of many other minerals complicates the separation process.

Ex-professor Feng ‘Franklin’ Tao sues US university after China spying charges overturned

https://www.scmp.com/news/china/article/3293974/ex-professor-feng-franklin-tao-sues-us-university-after-china-spying-charges-overturned?utm_source=rss_feed
2025.01.09 01:52
Feng “Franklin” Tao is seeking to be reinstated as a tenured professor of chemistry at the University of Kansas. Photo: via X

A Chinese-born former chemistry professor at the University of Kansas who was wrongfully accused of being a Chinese spy has filed a lawsuit against the school, seeking to be reinstated and demanding compensation for the financial and reputational damage he has suffered.

According to court documents, Feng “Franklin” Tao said the university worked with the FBI “to arrange a surprise search of Professor Tao’s lab and home”, alleging “an improper collaboration between KU and the [US Department of Justice] to target” him.

“Upon learning that Professor Tao had been placed in custody, KU’s Deputy General Counsel congratulated the FBI by phone text: ‘Job well done, gentlemen. Congrats, and thanks,’” said the lawsuit, filed this month in a federal court in Kansas.

It added that “KU’s actions and discrimination against its own tenured professor – before, during and after his criminal prosecution – violated its contractual, ethical and legal obligations to Professor Tao.”

Contending that KU’s “egregious conduct” left Tao’s life, career, reputation and finances in “shambles”, the suit alleges that “rather than embracing academic rigor and enlightened, critical judgment, the university allowed itself to join in fear mongering and racist witch hunting”.

Tao was among the roughly two dozen academics charged under the Justice Department’s former “China Initiative”. The programme began in 2018 during US president-elect Donald Trump’s first administration to address concerns about Chinese economic espionage and intellectual property theft in research. It led to investigations of hundreds of Chinese-American scientists and academics, many of whom lost their jobs, and was shut down by President Joe Biden’s administration in 2022 after allegations of racial bias.

A lawsuit says the University of Kansas “allowed itself to join in fear mongering and racist witch hunting”.

Arrested in 2019 and jailed for a week, Tao was convicted in April 2022 on wire fraud charges and for making false statements to KU about his ties to Fuzhou University and grants from the US Department of Energy and National Science Foundation.

After the conviction, the university fired him. But five months later, a US District Court judge overturned the fraud charges.

In July 2024, a Denver appeals court acquitted Tao on the remaining charge of making false statements about his relationship with Fuzhou University.

In his lawsuit, Tao alleged that KU “worked closely” with the FBI on the investigation, including unlawful surveillance and collection of incomplete, one-sides and fabricated evidence.

“KU was wrong, should be ashamed of its actions, and deserves to be held accountable for the damage it caused to Professor Tao,” the suit says, asking the court to order the university to “reinstate Professor Tao to his tenured position”.

China EV giant BYD hits the skids in Brazil as ‘slavery-like’ claims run over labour force

https://www.scmp.com/economy/global-economy/article/3293923/china-ev-giant-byd-hits-skids-brazil-slavery-claims-run-over-labour-force?utm_source=rss_feed
2025.01.09 06:00
Illustration: Lau Ka-kuen

This is the first in a three-part series looking at efforts by Chinese companies to step out of their comfort zone and expand abroad amid mounting domestic competition, and how this has resulted in learning curves, labour scandals and more diverse supply chains.

Long working hours, beds without mattresses, a communal lavatory shared by dozens of people – these are often axiomatic elements in the life of a Chinese construction worker.

But they are considered unacceptable “slavery-like conditions” in Brazil, a country that is incomparable with China in terms of economic size but which outperforms the latter in protecting employees.

BYD, China’s electric vehicle giant that is vigorously expanding its global footprint, along with its partner operating in Brazil, have been thrust under the spotlight recently for allegedly violating workers’ rights at its factory being built in Brazil’s northeastern state of Bahia.

The country’s labour authorities reported on December 23 that they saved 163 Chinese workers who were irregularly recruited by BYD’s long-time partner in China, Jinjiang Group, and sent to Brazil.

An investigation allegedly showed that those employees worked excessive overtime - some without a day off for seven consecutive days - under harsh conditions, and that their passports were found to be withheld by their boss at Jinjiang.

While both BYD and Jinjiang denied most of the accusations via social media statements, the scandal highlights a legal and cultural shock that Chinese companies are experiencing during their expansion overseas amid domestic overcapacity issues, according to analysts.

The allegations also cast doubt on the compliance of Chinese businesses operating in Brazil, as the largest economy in South America has a significantly different environment, placing higher demand on the enforcement of labour protection and corporate management.

“For Chinese workers, earning money often takes precedence, even at the cost of sacrificing their labour rights,” said Gao Zhendong, a supply-chain specialist who assists Chinese firms in investing globally.

He said the case illustrates how the “ill practices” of China’s construction and infrastructure industry have been taken overseas.

“However, Brazil has a strong tradition of labour movement and strict enforcement of local labour laws, and in BYD’s case – withholding passports, long working hours, poor living conditions – all of these clearly violated Brazilian labour standards,” said Gao, who is also the secretary-in-general of the China-Vietnam Industrial Service Alliance.

The Chinese workers at the BYD site would be staying in hotels until a deal to end their contracts is reached, Brazil’s Ministry of Labour and Employment said in a statement on December 27, after a meeting of representatives from BYD and Jinjiang.

“Despite questioning the assessment of the Brazilian government, which – based on a broad set of evidence collected during weeks of joint inspections – established the situation experienced by the 163 workers interviewed as victims of international trafficking for the purpose of labour exploitation in conditions analogous to slavery, the companies committed to collaborate in protecting those rescued,” the ministry said.

A hearing was slated to be held on Tuesday to determine whether the companies were subjecting workers to conditions akin to slavery, but no information on the outcome was available by Wednesday. The ruling could potentially lead to legal consequences and financial sanctions under Brazilian law.

The authorities have also suspended the issuance of temporary work visas for BYD in light of the accusations, according to Brazil’s Ministry of Foreign Affairs.

BYD did not immediately respond to an emailed interview request from the Post on Wednesday. China’s foreign ministry said on Wednesday that authorities had “asked Chinese companies to abide by laws in their operations”, when responding to inquiries about developments in the case.

Jinjiang, with which BYD has said it would cut ties following the scandal, denied the allegations and described the portrayal of the workers’ condition as inaccurate.

In a December 26 statement issued on Chinese social media, Jinjiang called the incident the result of misunderstandings that were partly due to translation errors.

In another post, Jinjiang shared a video in which two Chinese men, standing in front of a large group of other men believed to be their colleagues, read a statement saying they were not “enslaved” and demanded that they be allowed to return to work.

It also showed a written statement, featuring fingerprints in red ink from all the men – a traditional Chinese practice to indicate a statement was made voluntarily – and stressed that the workers were open to interviews. However, the company did not respond to an interview request from the Post.

Professor Jorge Luiz Souto Maior, who specialises in labour law at the University of Sao Paulo, said: “Regardless of the workers’ expression of will, if the working conditions reflect an employment relationship, there can (and should) be intervention from labour authorities to demand the immediate regularisation of the situation.”

He added that labour rights are non-waivable. “Even if workers explicitly agree to work without rights, they can claim those rights up to two years after the termination of their relationship with the company,” he explained.

Labour laws in Brazil place higher responsibilities and obligations on employers compared with labour laws in China, ChaadHR, a consulting firm targeting Chinese companies going abroad, told Chinese firms in a June report.

Brazil’s labour laws prescribe working hours of no more than eight hours a day and 44 hours a week, with a maximum of six working days a week, along with other strict rules on overtime pay and paid leave, it noted.

Chinese companies often overlook these regulations and adhere to the labour conditions adapted back in China when operating in Brazil, which could lead to legal problems, the report added.

In theory, China has similar rules on working hours, putting its standard working hours at eight hours a day and 40 hours a week, with a monthly cap of 36 overtime hours, according to China’s labour law.

China’s minimum wage is somewhere between 1,600 and 2,700 yuan (US$218-US$368) per month, varying by region, compared with R$1,412 (US$226) per month in Brazil, according to official statistics.

But in reality, especially when it comes to blue-collar workers, income is often prioritised over workload, and violations of labour rights are notoriously widespread but seldom challenged.

Frank Cui, founder of Zhejiang Digital Wisdom and an energy and digital specialist who consults with Chinese small and medium-sized enterprises on investing overseas, said that the case underscores the urgency for Chinese companies to go beyond profitability and recognise the increasing importance of environmental, social and governance (ESG) compliance in many markets.

“Many global investors now consider ESG performance a critical metric,” he said, estimating that global ESG investments account for about a third of total global assets under management, based on multiple studies.

“Those Chinese companies that went overseas earlier, such as the energy industry, have placed ESG and HSE [health, safety and environment] as the key considerations, as these factors directly impact their ability to win international contracts,” he added.

Gao said that commitment to ESG may increase the cost of a company’s overseas investment by about 10 per cent or more, mainly reflected in time cost. For example, a project originally planned to be completed in one year may take one and a half years and require more money.

Having been trapped in arrears and a brutal price war in China in recent years, the international image of Chinese companies and their suppliers will inevitably suffer under the ongoing geopolitical scenario if they apply double standards at home and abroad on workers and suppliers, he warned.

In addition to the temporary closure of the site under investigation, and the potential dismissal of the 163 workers, BYD and Jinjiang are likely to be included on a “dirty list” of employers for subjecting workers to modern slavery conditions, which bars such companies from obtaining loans from Brazilian banks, according to the Ministry of Labour and Employment.

By law, companies found guilty of exploiting workers, especially in conditions akin to slavery, also face potential civil lawsuits and criminal charges, which could result in substantial fines and even prison sentences for executives.

But according to Souto Maior, the consequences for BYD and its partner would ultimately be insignificant, both from a financial perspective and in terms of reputation.

“At most, they will be required to pay compensation, which is not even that high. And regarding their reputation, the issue soon fades from the media, and consumers forget about it,” the professor said.

BYD’s expansion plans in Brazil are a key part of the company’s strategy in South America. The company announced it would begin production in Brazil early this year, with an initial target output of 150,000 vehicles per year.

It has seen a surge in sales in Brazil, with nearly one in five cars BYD sold outside China in 2024 being sold in the Brazilian market.

Brazil’s fast-growing automotive sector has been a significant area of focus for Chinese companies such as BYD, but the current allegations raise questions about the labour practices behind the expansion of foreign investment in the country.

The latest case may affect the image of Chinese-funded enterprises and even the business activities of Chinese people, said Sofia He, a Chinese immigrant who spent years with her family in Brazil and Venezuela before moving to Chile.

“No matter who the employer is, local young people consider not only salary and benefits, but also personal values. Even the second generation of overseas Chinese do not particularly like Chinese employers,” she said.

BYD’s response to the scandal inside China has also prompted criticism. Li Yunfei, the firm’s general manager of branding and public relations, attributed the incident to “malicious foreign forces” and “collusion with domestic self-media” in a post on his social media account while sharing Jinjiang’s statement on December 26.

In contrast, BYD acknowledged the problems at the construction site in an official Portuguese-language statement and announced that it would immediately terminate its partnership with Jinjiang, which had provided outsourcing services to BYD since the 2000s, according to public records.

It also pledged to fully cooperate with Brazil’s labour department in the investigation and to provide temporary accommodation for the affected workers.

Hu Xijin, former editor-in-chief of the Global Times, a nationalistic tabloid in China, and an active commentator in the online community, questioned the apparent double standard in BYD’s public relations strategy.

The company’s Chinese statement “offered no reflection on the cause of the crisis at all”, he said in a social media post on December 30.

He said that such deflection tactics – blaming external and media influences – are commonly used by organisations to pass the buck, but these narratives “exaggerate the situation, and are not at the heart of the issue”.