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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’s private defence companies see opportunities amid growing conflicts
Escalating global conflicts could create opportunities for China’s private defence companies as customers, both at home and abroad, seek affordable and reliable military equipment, according to industry insiders.
2. Why China’s space sector is grabbing attention – including from Elon Musk

On Saturday, the Beijing-based start-up LandSpace reportedly plans to conduct the maiden launch of its Zhuque-3 rocket – a reusable launch vehicle that could significantly boost China’s space industry by lowering the cost of lifting equipment such as satellites into orbit.
3. Amid global fusion energy race, Europe’s top nuclear minds are betting on China

Current geopolitics might suggest that Western scientists have been in general alignment with the United States in the global race for fusion energy – but some of Europe’s top nuclear physicists are placing their bets on China.
4. China sets strongest yuan fix in over a year as Fed-cut bets rise
China’s central bank has set the yuan’s daily reference rate against the US dollar at the strongest level in more than a year, with analysts expecting room for appreciation should a December rate cut by the US Federal Reserve weaken the dollar.
5. Chinese tourism to Russia soars as travellers pivot from under-fire Japan

Chinese travel firms have reported a surge in Russia-related flight and hotel bookings in recent weeks compared with the same period last year, with analysts saying the country’s winter scenery made it a natural replacement for Japanese hotspots like the northern island of Hokkaido.
6. How a Beijing-Tokyo chill over Taiwan could solidify Takaichi’s power
No winter lasts forever, but the deep chill in the Beijing-Tokyo relationship set off by Japanese Prime Minister Sanae Takaichi’s remarks on Taiwan could last a long time.
7. Volkswagen revs up designed-in-China approach to catch up in EV market

Volkswagen Group has ramped up its “all in” strategy for China, banking on local development capabilities and a new electric vehicle (EV) architecture to fight back against domestic rivals and regain its leading position in the world’s largest vehicle market.


Xpeng’s driverless cabs; Tesla launches FSD in China; Nio slams price wars: 7 EV reads

Singha beer dynasty scandal, Malaysia’s sunken missile deal: 7 Asia highlights

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

SCMP Highlights

China’s private defence firms see growth; Beijing sets yuan fix: SCMP daily highlights

While China’s state-owned defence conglomerates continue to dominate weapons development, private companies have increasingly entered the sector in recent years under the country’s military-civil fusion strategy. Photo: Handout

The Zhuque-3 rocket completes a launch test at a site in China’s northwestern Gansu province last year. The device is one of several reusable rockets under development in China. Photo: Getty Images

Targeted for completion in 2027, the Burning Plasma Experimental Superconducting Tokamak (BEST) in Hefei is rapidly attracting international talent frustrated by slow progress elsewhere. Photo: Xinhua

Lake Baikal in eastern Russia is a popular destination among Chinese tourists. Photo: Reuters

An aerial view of Volkswagen Group China Technology Company in Hefei, in eastern China’s Anhui province. Photo: Handout

Chinese carmakers push robotics for edge over US, Xpeng records revenue gains: 7 EV reads

Xpeng’s next-gen Iron humanoid robot speaks to media during a showroom tour at its headquarter in Guangzhou, in southern China’s Guangdong province, on November 5. Photo: AFP

Employees work on an electric vehicle production line at a factory of Chinese carmaker Nio in Hefei, in eastern China’s Anhui province on September 24. Photo: AFP

Xiaomi is targeting to deliver 350,000 electric vehicles this year: Photo: AFP

Hesai Group CFO Andrew Fan, pictured in Hong Kong on September 16. Photo: Jonathan Wong

Aerial view of the headquarters of CATL in Ningde, Fujian Province of China, on February 6. Photo: Getty Images

Alice Guo gets life term for human trafficking; Bali poisoning mystery: 7 Asia highlights

Alice Guo attends a hearing at the Senate in Manila over accusations of human trafficking in September 2024. Photo: AFP

Singapore’s Acting Minister for Culture, Community and Youth David Neo speaking to Singapore’s national football team in a locker room after their win over Hong Kong in an Asian Cup qualifier match in Kai Tak Stadium on Tuesday. Photo: Facebook/David Neo 

Islamic cleric Mohammad Elham Yahya Al Maliki is seen embracing a young girl and sucking in her cheeks. Other clips show him kissing several children on the cheek. Photo: YouTube/Gerakanpis

A medical worker walks down a hallway in a hospital in Seoul. South Korea has among the lowest ratios of doctors in the developed world. Photo: EPA-EFE/Yonhap

Chinese tourist Deqing Zhuoga was found dead at the Clandestino Hostel in Canggu, Bali, on September 2. Photos: Facebook / Deqing Zhuoga / Clandestino Hostel

China blasts Japan’s missile deployment; airlines cancel flights: SCMP daily highlights

A Chinese tour group crosses a street in central Tokyo. China has advised its citizens to avoid travelling to Japan. Photo: AFP

Shinjiro Koizumi, Japan’s defence minister, visited the country’s Self-Defense Force units on Yonaguni Island over the weekend. Photo: Handout

Workers prepare the EHang eVTOL EH126-S to fly in Guangzhou in southern China’s Guangdong province on November 3. Photo: AP

News

China

From a boon for Chinese private defence firms to a Beijing start-up grabbing Elon Musk’s attention, here’s a round-up from today’s coverage


From a boon for Chinese private defence firms to a Beijing start-up grabbing Elon Musk’s attention, here’s a round-up from today’s coverage.


China’s private defence firms see growth; Beijing sets yuan fix: SCMP daily highlights

.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;}From a boon for Chinese private defence firms to a Beijing start-up grabbing Elon Musk’s attention, here’s a round-up from today’s coverage

1. China’s private defence companies see opportunities amid growing conflicts

From a boon for Chinese private defence firms to a Beijing start-up grabbing Elon Musk’s attention, here’s a round-up from today’s coverage