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SCMP

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. China eyes currency swap with Japan and South Korea amid trade tensions: source
China is in talks with Japan and South Korea – both US allies – about a possible trilateral currency swap to bolster the region’s financial safety net and deepen economic cooperation amid US President Donald Trump’s trade war, according to a source familiar with the issue.
2. Nexperia seizure: China urges Dutch to ‘properly’ resolve case as talks continue
China urged the Dutch government to uphold “the spirit of contracts” and safeguard the stability of global supply chains as both sides discussed how to resolve the Nexperia case in a phone call on Tuesday.
3. Can Donald Trump’s gut instinct win over Xi Jinping at Apec summit?

US President Donald Trump is expected to approach his coming summit with Xi Jinping by relying on personal chemistry and his “gut”, but his ability to charm the Chinese leader will be limited at best, analysts and former government officials in Washington said on Tuesday.
4. China agrees to crisis talks in Brussels to discuss rare earths compromise
China’s commerce minister has accepted an “urgent” invitation to Brussels, the EU’s trade chief Maros Sefcovic said on Tuesday, as the bloc looks to unpick Beijing’s restrictions on rare earth mineral exports and defuse a row over Dutch-based chipmaker Nexperia.
5. New Chinese drone spotted flying for the first time. Is it a next-gen bomber?
A new Chinese stealth flying-wing drone, possibly a next-generation bomber, has been spotted flying for the first time. A video of the large stealth “cranked kite” drone, unofficially dubbed the GJ-X, has circulated on Chinese social media since October 19.
6. ‘Very ambitious’: China’s wind firms aim to double installations for 2026-2030

China’s wind power industry has set a target of doubling the number of new turbines installed per year over the next five years, as the industry bids to play a leading role in the country’s carbon neutrality push.
7. Gold slumps after record highs. Why is Ray Dalio such a big advocate for it?

After a historic rally, the price of gold fell as much as 6.3 per cent at one point on Tuesday, marking its sharpest one-day slump in more than a decade.


Chinese coal mine accident, Cathay Pacific flight turbulence: 5 weekend reads you missed

Selfies and symbolism: behind the scenes from Xi’s summit with Trump and Putin

Leaders Xi, Putin meet over tea; rare earth find in northeast China: SCMP’s 7 highlights

Shenzhen’s 24-hour spa, a glimpse of 1970s Hong Kong: 7 Lifestyle highlights

SCMP Highlights

China, Netherlands talk over Nexperia; Chinese ‘cranked kite’ drone: SCMP daily highlights

A video of a large stealth “cranked kite” drone, unofficially dubbed the GJ-X, has been circulating on social media since October 19. Photo: X/ RupprechtDeino

US President Donald Trump and Chinese President Xi Jinping last met during the G20 summit in Osaka, Japan, in 2019. Photo: Reuters

A worker inspects super-large wind turbine blades at a port in China’s eastern Jiangsu province. Photo: Getty Images

A worker polishes gold bullion bars at the ABC Refinery in Sydney. After a historic rally, the price of gold fell as much as 6.3 per cent at one point on Tuesday. Photo: AFP

As China’s leaders chart the next 5-year plan, they hear echoes from long ago

As it did for its very first five-year plan, China is once again navigating “shifting circumstances amid storms and challenges to forge new paths”. Photo: Simon Song

Communist Party mouthpiece People’s Daily published an editorial in 1953 announcing the country’s first five-year plan to transform China from an agricultural economy into an industrial powerhouse. Photo: Handout

China’s hi-tech capabilities have advanced considerably since the 1950s. Photo: Xinhua

China says it’s a responsible force in AI, but most Americans see US leadership as crucial

China has accelerated its initiatives on global AI governance, presenting itself as a champion of sharing advanced technologies with the Global South. Photo: Shutterstock

Ma Zhaoxu, China’s foreign vice-minister, speaks at an AI meeting in New York on September 25. Photo: Xinhua

Return to China of cancer researcher Wang Qianben reunites esteemed scientific family

Wang Qianfei’s research focuses on blood and tumour genomics. Photo: Handout

News

China

From Beijing agreeing to rare earth crisis talks with EU to outlook for Trump-Xi Apec summit meet, here’s a round-up from today’s coverage


From Beijing agreeing to rare earth crisis talks with EU to outlook for Trump-Xi Apec summit meet, here’s a round-up from today’s coverage.


Maros Sefcovic

China, Netherlands talk over Nexperia; Chinese ‘cranked kite’ drone: SCMP daily highlights

.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;}From Beijing agreeing to rare earth crisis talks with EU to outlook for Trump-Xi Apec summit meet, here’s a round-up from today’s coverage

1. China eyes currency swap with Japan and South Korea amid trade tensions: source

From Beijing agreeing to rare earth crisis talks with EU to outlook for Trump-Xi Apec summit meet, here’s a round-up from today’s coverage