
China's space military tech ‘threat', trade deal progress clues: SCMP daily highlights
Catch up on some of SCMP's biggest China stories of the day. If you would like to see more of our reporting, please consider
subscribing
China is moving 'breathtakingly fast' in space military technologies and posing strategic threats to the United States, America's top space force official said on Tuesday.
The United States and China could reach a trade agreement as early as next week, according to a Harvard scholar, who has offered clues on the state of negotiations weeks after the two rival economies agreed to a trade truce.
Passengers arrive at Heathrow Airport in London in January 2023. Photo: EPA-EFE
The number of wealthy mainland Chinese choosing to emigrate is projected to drop to a 10-year low this year thanks to the country's improved business environment and its growing appeal to tech entrepreneurs, according to a report by a London-based advisory firm.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
.jpg%3Fitok%3Deevd0Jra&w=3840&q=100)

South China Morning Post
32 minutes ago
- South China Morning Post
Hong Kong Tech Pavilion propels start-ups onto European stage at VivaTech 2025
[The content of this article has been produced by our advertising partner.] Advertisement Organised from June 11 to 14 this year at the Paris Expo Porte de Versailles, Viva Technology 2025 featured the Hong Kong Tech Pavilion, presented by the Hong Kong Trade Development Council (HKTDC) in collaboration with the Hong Kong Economic and Trade Office in Brussels. Invest Hong Kong, Hong Kong Science and Technology Parks Corporation and Hong Kong Cyberport also joined forces as supporting organisations in bringing 20 Hong Kong start-ups to Europe and facilitating business opportunities across seminars, pitch sessions and networking events during the four-day event. 'Companies choosing Hong Kong for their international headquarters exemplify its role as a 'super connector' and a 'super value-adder' between Mainland China and the rest of the world,' said Prof Sun Dong, Secretary for Innovation, Technology and Industry of the HKSAR Government, in his keynote address at the 'From Hong Kong to the World: Embarking on the New Journey of Innovation'. Attendees gather around the Hong Kong Tech Pavilion at VivaTech 2025 in Paris, where 20 Hong Kong start-ups showcase their cutting-edge innovations. Their presence is a two-way springboard for attracting overseas enterprises and helping Mainland enterprises to 'go global', he Fit Technology Limited, Westwell Holdings (Hong Kong) Limited, OKOsix Limited, Ailytics Limited and Midas Analytics were among the VivaTech exhibitors showcasing their innovative solutions through live demos and seminars. Each articulated their ambitions to expand into the European market through their Pavilion participation. Advertisement Point Fit Technology Limited


South China Morning Post
an hour ago
- South China Morning Post
Iran vetting body okays bill suspending cooperation with UN nuclear watchdog
The Iranian body tasked with vetting legislation approved a bill to suspend cooperation with the United Nations nuclear watchdog on Thursday, citing recent US and Israeli strikes. Iranian lawmakers voted in favour of the bill on Wednesday, a day after a ceasefire ended a 12-day war with Israel that saw Israeli and US strikes on Iranian nuclear facilities. Since the start of the war on June 13, Iranian officials have sharply criticised the International Atomic Energy Agency for failing to condemn the strikes. Iran has also criticised the watchdog for passing a resolution on June 12 accusing it of non-compliance with its nuclear obligations. Iranian officials say the censure motion was 'one of the main excuses' for the Israeli and US attacks. 'The government is required to suspend all cooperation with the IAEA to ensure full respect for the national sovereignty and territorial integrity of the Islamic Republic of Iran,' Guardian Council spokesman Hadi Tahan Nazif told the official IRNA news agency. He said the move was prompted by the 'attacks … by the Zionist regime and the United States against peaceful nuclear facilities'.


South China Morning Post
2 hours ago
- South China Morning Post
A pause that refreshes? What's ahead for US-China tariffs and trade talks
After months of chest-thumping, accusations and threats, look for US-China trade relations to weather an uneasy pause as the giants retreat from extremist positions, guard against backtracking and alter the negotiating dynamic toward an eventual agreement, analysts and former US officials say. The breather follows this month's London sit-down after the two engaged in a high-stakes tariff battle then went for each other's jugulars, with China blocking rare earth exports and Washington choking off jet engines and semiconductor software. 'Absolutely the trend lines point in the direction of a truce, a pause, a respite in US-China tensions,' said Jeremy Chan, a senior analyst at Eurasia Group. 'We're seeing signs of short-term stability that weren't there even a month ago.' The pause, which went into effect on May 12, is set to last three months if it is not extended. That is likely to result in US tariffs being capped at 55 per cent and China's at 10 per cent, according to analysts, with Washington using the hiatus to ensure that Beijing resumes rare earths exports and Beijing seeking more organised negotiations to moderate Trump's unpredictable approach. And while the Iran crisis has added uncertainty , its probable impact on any US-China deal is expected to be minimal. 'The blow-up in the Middle East will not materially add to the already aggravated state of US-China ties,' said Sourabh Gupta at the Institute for China-America Studies in Washington. 'It will be limited to loud rhetoric.'