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China

US ‘gold card’ fails to lure rich Chinese, Shenzhen exports decline: SCMP daily highlights

From Trump’s attempt to entice wealthy Chinese to the US to Shenzhen’s ‘volatile’ trade in April, here’s a round-up from today’s coverage

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Cargo containers are seen stacked at a port in Shenzhen, which registered a 2.9 per cent drop in the value of exports last month. Photo: AFP
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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. Trump’s ‘gold card’ visa flops among rich Chinese amid trade war, crime fears

Three months after he first floated the idea, Trump’s gold card scheme appears to have fallen flat with China’s wealthy, who were expected to be one of the biggest sources of demand for the controversial new visa.

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