The mainland has US$3.9 trillion worth of unsold properties, which makes Beijing’s funding plan account for less than 2 per cent of that excess inventory, a Barclays report said.
As tech war heats up, a crucial quantum computing component can now be made in China, it has been announced.
A wave of mergers and acquisitions is about to transform China’s brokerage industry as Beijing presses ahead with its ambition to become a financial powerhouse by 2050.
Weavers in Varanasi say the rise in anti-Muslim rhetoric has so far caused no bad blood since the sari business thrives on interdependency.
Finland’s trade chief respects China’s choice to further engage with Russia but cautions about investment risks.
The US, Australia and India are among Israel’s long-time allies that have objected to the mounting casualties and escalation in the Gaza war.
First ex-Hong Kong district councillor to be elected to UK local authority hopes other new arrivals will also get involved in politics.
How scientists, oceanographers and divers safeguard the underwater creatures of Galapagos Islands, Italy’s submarine canyon and Arctic Ocean’s ‘animal forest’.
A Chinese high-speed railway line in Indonesia has been open for six months – and is popular enough that new trips have been added – but high debt levels are raising questions about its long-term utility.
The interior ministry has sought to strip out equipment from China’s Huawei and ZTE for national security reasons.
Board chairman of arts hub’s managing body says government has until August to make decision, as remaining funds will only last a year.
Ahead of the upcoming Forum on China-Africa Cooperation, diplomats have begun discussing what to put on the agenda.
Executive Council convenor Ip says work of Hong Kong Economic and Trade Office in London has shifted away from lobbying local politicians amid deteriorating China-UK ties.
Fuji City residents complain that tourists are flocking to the Fuji Dream Bridge to catch a view of the famous mountain and leaving a mess behind.
Beijing has announced 300 billion-yuan in funds to help clear excess housing inventory, as well as measures to ensure developers have access to financing and that homes are delivered on time.
Famous for his celebrity-packed chain of Chinese restaurants, 85-year-old Michael Chow talks about facing prejudice, and why he wants to be known as the world’s greatest living artist.
As Taipei prepares to inaugurate William Lai as president, his ‘force of nature’ second-in-command has Beijing concerned about her sway in Washington.
State-owned company plans to be first to use Gotion High-Tech’s solid-state batteries when they start mass production, chairman Yin Tongyue says.
New measure should raise Hong Kong’s profile as cruise ship destination and its role in multi-stop itineraries for Greater Bay Area, tourism authorities say.
The private bank has increased its headcount, mainly relationship managers and senior bankers, by 15 per cent this year. It sees Hong Kong, Singapore and Dubai as stepping stones to expand its business.
Official says the plan is to build a control point in Luohu, with co-location arrangements adopted.
Hong Kong must walk the talk, and get Beijing’s backing to showcase how ‘two systems’ is not only alive but working well.
Open Questions is a new series of South China Morning Post interviews with global opinion leaders.
Lawmakers have questioned rising expenses of ex-leaders amid lack of clarity over roles after leaving office.
Ma, one of the country’s hottest fiction authors, combines thrilling plots with historical detail to create stories that are ‘both exciting and plausible’, winning acclaim as young people embrace cultural heritage and ‘China-chic’ trend.
Fresh US tariffs targeting China’s new-energy sector are imminent, threatening to thwart export efforts aimed at alleviating a market oversupply.