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SCMP

1. China hits out at US and Israel, calls for de-escalation of conflict with Iran
China sharply criticised the United States and Israel, calling on them to de-escalate their conflict with Iran, prioritise civilian safety and adhere to international law as Mideast anxiety intensified following the US attack on three Iranian nuclear facilities using massive “bunker buster” bombs.
2. Veteran banker Jin Liqun on leading AIIB during its formative first 10 years
With his tenure as Asian Infrastructure Investment Bank president drawing to a close, the financier surveys the landscape for multilateral development.
3. Why the Strait of Hormuz matters – and what a blockade could mean for Asia

Iran’s parliament has approved a measure to close the Strait of Hormuz after the United States launched military strikes over the weekend. The final decision rests with the country’s Supreme National Security Council and Supreme Leader Ayatollah Ali Khamenei – but the move has already deepened fears for the global energy trade.
4. Chinese scientists catch cosmic rays meddling in quantum computer operation
Researchers in China said they have found the first evidence that subatomic particles from cosmic rays may be affecting the efficiency of widely used error correction techniques that are an essential element of fault-tolerant quantum computing.
5. Is China preparing to unveil its new HQ-29 ballistic missile defence system?

Footage on social media of what appears to be the new Chinese HQ-29 ballistic missile defence system on the move has triggered speculation that it could make its debut at a military parade in Beijing in September.
6. China needs yuan-backed stablecoins ‘sooner rather than later’, Beijing urged
Beijing must be proactive in “adapting to the trend of stablecoins”, and waiting is not an option as the US has a head start, warns an article on Monday in state media that simultaneously calls for leadership to consider legislation regulating stablecoins while hyping up their potential role in making the yuan a more global currency.
7. Why more young Chinese have military academies in their sights

China’s military academies are seeing growing interest from students as the government offers incentives such as subsidised tuition fees to attract more young recruits and as rivalry with the United States drives patriotism.


US, Iran sign peace deal; China’s C919 jets grounded for safety checks: SCMP’s 7 highlights

TCM for a new generation, Dragon Boat Festival top picks: 7 Lifestyle highlights

PLA’s plan to destroy US carriers; world’s largest whale graveyard: 7 science highlights

Korean’s racist World Cup experience, India’s military revamp: 7 Asia highlights

SCMP Highlights

China hits out at US and Israel, why the Strait of Hormuz matters: SCMP daily highlights

Fu Cong, China’s ambassador to the UN, told a Security Council meeting on Sunday that the US had “dealt a heavy blow to the international nuclear non-proliferation regime”. Photo: Getty Images via AFP

A map showing the Strait of Hormuz and Iran. Photo: Reuters

A video clip posted to Chinese social media shows what appears to be the new HQ-29 ballistic missile defence system on the move. Photo: Handout

China’s military struggled to attract enough recruits in the years before the pandemic, when the job market was strong. Photo: Handout

China’s fighter jets line up at the Paris Air Show. Can they win over Europe?

To stake a claim in the European market, Chinese fighter jet firms will have to overcome a series of barriers, according to analysts. Photo: Xinhua

US, mainland China, Hong Kong lead rush for New Zealand’s ‘golden’ visas

People watch a lion dance during an event celebrating Dragon Boat Festival in Auckland, New Zealand, last month. Photo: Xinhua

Children play a traditional Chinese game known as “touhu” or pitch-pot during an event marking Dragon Boat Festival in Christchurch, New Zealand, last month. Photo: Xinhua

People take pictures of Aurora Australis, or the “Southern Lights”, at Lake Ellesmere on the outskirts of Christchurch, New Zealand, on June 1. Photo: AFP

News

China

Economy

World

From China urged to adopt yuan-backed stablecoins to Beijing criticising the US and Iran, here’s a round-up from today’s coverage


From China urged to adopt yuan-backed stablecoins to Beijing criticising the US and Iran, here’s a round-up from today’s coverage.


Israel

Iran

United States

Asian Infrastructure Investment Bank (AIIB)

China hits out at US and Israel, why the Strait of Hormuz matters: SCMP daily highlights

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1. .css-jfmysa{display:inline;word-break:break-word;}.css-1ankfgb{cursor:pointer;display:inline;word-break:break-word;}China hits out at US and Israel, calls for de-escalation of conflict with Iran

2. Veteran banker Jin Liqun on leading AIIB during its formative first 10 years

From China urged to adopt yuan-backed stablecoins to Beijing criticising the US and Iran, here’s a round-up from today’s coverage

1. China hits out at US and Israel, calls for de-escalation of conflict with Iran