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China

US, China in ‘test of endurance’, America’s military budget pledge: SCMP daily highlights

From the latest tariff war turmoil to US promising to raise its military budget to record high, here’s a round-up from today’s China coverage

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Analysts say many of China’s export industries may be forced to redirect their products to the domestic market as the risk intensifies of a complete decoupling from the United States. Photo: Reuters
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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.

1. US, China competing for ‘economic resiliency’ in a test of endurance: economists

With tit-for-tat tariffs escalating the US-China trade war to never-before-seen levels in the past week, their high-stakes game of one-upmanship could turn into a marathon that tests the long-term resilience of economic and industrial systems, according to prominent Chinese economists.

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