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TOPIC

Focus

Focus
SCMP gets to the heart of the matter with its in-depth analysis on the pressing issues in Hong Kong and around the world.
Illustration: Brian Wang
China exports

Can China’s cosmetics brands rival K-beauty and refashion global markets?

Once the top export market for South Korean cosmetics, Chinese firms lead at home and have made headway overseas – but gaps remain.

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Artificial intelligence

China curbs US AI chips, shuns foreign capital in pursuit of tech self-reliance

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US-Venezuela conflict

Counting China’s ‘swing nation’ wins and losses in new era of power rivalry

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Hong Kong economy

Can new tricks save Hong Kong’s restaurants from ‘irreversible’ Shenzhen trend?

Business models are being overhauled as food and drink sector tackles ‘irreversible’ trend of Hongkongers spending their money elsewhere.

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Illustration: Henry Wong
US-China relations

Why China fears Trump’s Nvidia H200 deal is a sophisticated Trojan horse

Can Washington bind Chinese rivals to American technologies or will access to the AI chips hasten Beijing’s challenge to US dominance?

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China energy security

Can China’s cheap, renewable energy help it outrun the US in the AI race?

China’s energy buildout means cheap, green and reliable electricity fuels its manufacturing and tech industries, giving it an edge over rivals.

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US-Venezuela conflict

‘Expansion to defence’: China firms strategise in Latin America after Venezuela

After the abduction of former Venezuelan president Nicolas Maduro, many Chinese entrepreneurs in the region say they are staying put – for now.

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Illustration: Lau Ka-kuen
US-Venezuela conflict

How the US raid in Venezuela has triggered Brazilian fury and a Chinese opening

Latin America’s largest economy seeks ‘delicate balance’ between Trump’s ambitions and boosting ties with Beijing, its top trading partner.

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Banking & finance

What does HSBC’s buyout of Hang Seng Bank mean for its future and investors?

HSBC’s historic US$13.6 billion buyout of Hang Seng Bank aims to cut costs, tackle bad debts and fuel growth, but challenges abound.

US-China relations

Trump-Xi diplomacy put to test thanks to contentious tit-for-tat Covid lawsuits

Unpaid billions of dollars in judgments against China sucks US State Department into escalating legal dispute, but Beijing remains defiant.

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Illustration: Brian Wang
Hong Kong economy

The Drone Age: hi-tech wizardry propels Hong Kong towards lift-off

As Hong Kong prepares to enter the era of flying taxis, key players roll out groundbreaking innovations at the cutting edge of technology.

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Illustration: Lau Ka-kuen
China-North Korea relations

China’s role in Korean peninsula stability tested amid nuclear submarine moves

Seoul’s calls for Chinese mediation seen to underscore Beijing’s central role in preserving stability between two Koreas.

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China-Japan relations

‘Real and accelerating’: China-Japan military tensions surge amid missile race

Analysts hold out little hope that security pressures will ease, given US insistence that regional allies boost first island chain defences.

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Science

China’s biopharma sector ‘in prime position to challenge US leadership’

American commission issues stark warning, as analytics firm Clarivate reports that Chinese innovative drug development has entered new phase.

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Illustration: Lau Ka-kuen
Crime in Hong Kong

Hong Kong’s sex offence laws are to be overhauled. What needs to be updated?

Consent and gender issues are key areas the government will look at when it starts the review process.

Illustration: Lau Ka-kuen
US-China relations

‘No fixed identity’: new Chinese-American writers are telling their own stories

They’re not shaped by history like the previous generation, and observer says US-China tensions can give them ‘more space’ to explore issues.

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China-Japan relations

How Takaichi’s Taiwan comments fuelled Beijing-Tokyo row with no end in sight

Dispute over Japanese Prime Minister Sanae Takaichi’s remarks on Taiwan could ultimately hinge on the US-China-Japan triangle, analysts say.

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China consumption

Wild goose chase? France works to rouse China’s appetite for foie gras imports

French producers hope their famed pate can win a slice of China’s market, but price sensitivities and domestic competition could mean their goose is cooked.

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Illustration: Lau Ka-kuen
Taiwan

How Beijing’s strategy shift explains decreased PLA activity in the Taiwan Strait

PLA warplanes and ships have been less active around the island in the second half of the year, Taiwanese data shows.

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US-China relations

Beijing is pinning hopes for Taiwan reunification on KMT – but not all of them

The party’s new chairwoman Cheng Li-wun has adopted a mainland-friendly tone but it remains to be seen if she can live up to Beijing’s hopes.

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US-China relations

‘Urgent’: has mainland China changed tone for Taiwan peaceful reunification?

Analysts examine Taiwan-related policy announcements, a new commemoration day and military posturing for clues to Beijing’s intent.

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Illustration: Lau Ka-kuen
United States

Are Trump loyalists struggling in US rural heartland ready to say ‘enough’?

Hammered by crippling costs and precious revenue lost to China, Midwest farmers’ loyalty to the US president will be tested in 2026 midterms.

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Illustration: Lau Ka-kuen
United States

Are Chinese biotechs what the doctor ordered as Big Pharma faces ‘patent cliff’?

US drug makers are racing to plug looming ‘patent cliff’ revenue gaps – and increasingly they are turning to China biotechs.

China consumption

From taboo to trendy: China’s second-hand luxury market cashes in on resale boom

Driven by an uneven recovery and property crisis, value-conscious shoppers are powering a second-hand boom as platforms use tech to verify authenticity and overcome stigma.

US-China relations

As Trump upends US foreign policy, analysts see fresh openings for China

After a turbulent year, experts expect continued disruption to reshape global influence, testing alliances and altering the balance of power.

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Illustration: Brian Wang
China's military weapons

Why China’s rapid military build-up is ‘hardly the whole story’

The PLA has been moving fast to modernise its arsenal and warfare strategy, but it’s seen as ‘seriously deficient’ in some areas.

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Illustration: Henry Wong
US-China trade war

Surviving the shocks: what China and the US learned from 2025’s trade war

Businesses and officials faced a year of disruption – and in some cases, resilience – as tariffs and export controls roiled global markets.

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Mainland China

Why ‘relative stability’ in US-China ties is unlikely to last

The temperature has lowered after a downward spiral since Trump’s return to the White House, but relations may face ‘strong headwinds’ again.

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