Good Morning. Welcome to The Wire’s daily news roundup. Each day, our staff gathers the top China business, finance, and economics headlines from a selection of the world’s leading news organizations.
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The Wall Street Journal
- SMIC CEO Says Industry ‘Panicked’ About Memory Supply Shortage — More supply could come to market in nine months, the chief executive of China’s largest contract chip maker said.
- Japan Election Shows Beijing’s Pressure Tactics Can Backfire — China has sought to punish Prime Minister Sanae Takaichi for remarks she made about Taiwan, but that strategy has largely backfired.
The Financial Times
- Trump threatens to block opening of new border bridge with Canada — Move by U.S. president escalates tensions already heightened by Ottawa’s auto deal with China.
The New York Times
- Hong Kong Activist Anna Kwok’s Father Convicted of National Security Crime — In her first interview about her father, the exiled Hong Kong activist Anna Kwok said the authorities were targeting her family to try to silence her.
- Opinion: Don’t Trust the Rankings That Put China’s Universities on Top — They churn out research papers at a rapid pace, but the quality of these publications has too often been in question. By Ariel Procaccia.
- Opinion: Dissidents Are Silenced, and the West Moves On — On Jimmy Lai and the future of freedom. By Bret Stephens.
Caixin
- Fraud Scandal Rocks ‘World’s Largest Hospital’ in China — Lack of oversight allowed a surgeon to run a $300,000 fake-implant scheme for four years despite internal complaints.
- PBOC Details Coordinated Policy Playbook to Steer Credit — Central bank maps bond support, subsidized lending and risk sharing as Beijing leans on targeted tools over broad stimulus.
- In China’s Two-Speed Economy, Old Burdens Weigh on Broader Recovery — China’s growth trajectory for years to come will hinge on how effectively policymakers can sustain the momentum of faster-growing sectors such as EVs while addressing the structural drag from traditional growth engines like real estate.
- Cathay Cargo Expands Southeast Asia Capacity as Manufacturing Shifts — The strategic pivot underscores how the carrier is adapting to a volatile trade environment defined by supply chain diversification, as production bases for high-tech and consumer goods increasingly settle in nations like Vietnam and Malaysia.
- Aerospace Power System Maker Skyrockets in Shanghai Debut — CETC Lantian’s stock surges more than eightfold to a valuation of 115 billion yuan on bullish sentiment for a company that helped power China’s first satellite.
South China Morning Post
- Cold shoulder? China and EU in diplomatic stand-off ahead of Munich showdown — Annual security conference could provide rare venue for high-level EU-China talks as top diplomats Wang Yi and Kaja Kallas attend.
- As Central Asia builds ‘smart cities’ with China, is it moving away from Russia? — Lack of Russian involvement in the mega-projects is seen as part of a broader structural shift as the region moves ‘closer to the world’.
- Opinion: Outside its few red lines, China is the ultimate win-win country — While China has red lines regarding Taiwan, Communist Party rule and national unity, everything else is negotiable. By Alex Lo.
Nikkei Asia
- China Vanke downsizes serviced apartment business after record red ink — Lossmaking Shenzhen unit complicates developer’s restructuring efforts.
- Ford CEO warns of China ‘wild card’ for all global automakers — Jim Farley sees Chinese low-cost production, weak domestic demand exerting export pressure.
- UK expands settlement visa for Hong Kongers after Jimmy Lai sentence — Government sees 26,000 arrivals; critics say not enough done for media mogul.
Bloomberg
- Trump’s Gunboat Diplomacy Hands China a $55 Trillion Economic Edge — Donald Trump has anchored his security initiatives in the Western Hemisphere and Middle East. Asia remains a far more valuable sphere of influence.
- The $10 Trillion Fight: Modeling a US-China War Over Taiwan — The island at the center of the artificial intelligence boom—and increasingly the global economy—lies on geological and geopolitical fault lines.
- Opinion: China’s Internet Is a Map of Xi’s Insecurities — If you want to know what keeps President Xi Jinping up at night, watch what Beijing orders its internet censors to erase. By Catherine Thorbecke.
Reuters
- U.S. moves to counter China in Bangladesh, plans to pitch defence alternatives — China recently signed a defence agreement with Bangladesh to build a drone factory near the India border, worrying foreign diplomats.
- China tightens market oversight to create ‘slow bull’ momentum — With fund managers now seeking to diversify away from dollar-heavy portfolios, Beijing’s approach could help reverse years of retreat when some investors even called the country “uninvestable”.
- China makes small dent in deflation battle as supply-demand imbalance persists — Beijing has promised to raise people’s incomes to spur goods and services consumption, but policy measures so far have delivered only modest results.
Other Publications
- Foreign Policy: Beyond Blocs — Europe and China will not align nor compete, but selectively cooperate.
