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In Focus

In 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: Henry Wong
2026 Xi-Trump summits

In Focus | The ‘G2’ illusion: China wants equality while US seeks bargains

White House pageantry casts Beijing as an equal – unsettling India and raising questions about China’s Global South status.

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Yuan

In Focus | After cordial Xi-Trump summit, could China’s US dollar pivot cause tremors?

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Taiwan

In Focus | Beijing policy advisers map out how post-reunification Taiwan could be governed

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E-commerce

In Focus | Boxed in: how Temu’s global shopping revolution ran off the rails

Temu is quickly losing its shine in the face of a wave of global regulation. Can the platform reinvent itself?

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Illustration: Dennis Yip
US-China trade war

In Focus | China has dominated tungsten for decades. Can US investment loosen its grip?

Kazakhstan is at the centre of US efforts to build a new supply chain for the metal, but analysts say China’s lead will be difficult to overcome.

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Xinjiang

In Focus | How US sanctions forced Xinjiang’s cotton industry to build a survival model

State support and tech upgrades help producers pivot, but they face tight profit margins, a ‘domestic decoupling’ and EU market spillover.

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Transport and logistics

In Focus | Signal failure: how years of thin investment put German railways behind China’s

Germany sold high-speed trains to China 21 years ago, but now its network is slowing to a crawl as China’s continues to improve.

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Illustration: Lau Ka-kuen
Banking & finance

Exclusive | Jamie Dimon on how growth can untangle US-China strife, thorny global issues

In wide-ranging discussion, veteran bank chief flags ‘world peace’ as top concern, warns of Democrat vs Republican ideologies, and stresses economic growth.

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Hong Kong economy

How Hong Kong’s old businesses are adapting to new times

Change does not follow a single formula and may involve creating new experiences, rebuilding unglamorous systems and adopting AI.

Hong Kong economy

How Hong Kong firms are future-proofing business in challenging times

Swire Coca-Cola is among firms leveraging AI and other cutting-edge technologies to drive growth and navigate economic headwinds.

Illustration: Dennis Yip
US-China tech war

In Focus | Will Xi and Trump find common ground on AI risk amid an escalating tech war?

Despite US AI leaders’ warnings over the risks of rapid development, they remain locked in a high-stakes race against each other – and China.

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Illustration: Lau Ka-kuen
2026 Xi-Trump summits

In Focus | Can Xi and Trump use their leverage to actually make progress?

Analysts agree that keeping ties stable will be a priority when the leaders meet, and artificial intelligence could be an area for cooperation.

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2026 Xi-Trump summits

In Focus | The US-China tech war has evolved since Xi and Trump last met. Who has the edge?

The two sides have found new sources of leverage across AI, chips, rare earths and wider technology supply chains since the US leader’s May visit to Beijing.

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US-China tech war

In Focus | Will US cloud computing restrictions rain on China’s AI parade?

If Washington expands its tech blockade to include cloud networks, China’s AI sector will face its most severe choke point since the chip bans.

Illustration: Huy Truong
US-China tech war

In Focus | China’s rocket recovery was a space race milestone. Is a relaunch within reach?

SpaceX might have a head start in reusable rockets, but Chinese commercial space companies are exploring ways to catch up in the cost-saving tech.

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Illustration: Huy Truong
China's space programme

In Focus | How China is turning Hainan from a tourist island into a major aerospace hub

Factories, supercomputing centres and satellite businesses are springing up in the province as officials push to build a fully fledged aerospace ecosystem.

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China economy

In Focus | Is China’s new local surtax a game-changer, or a bureaucratic tweak?

Analysts say the proposed surtax – a reworking of three local revenue sources into one semi-autonomous levy – should help streamline finances.

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Wealth management

In Focus | Why shifting assets won’t save New York’s rich Chinese from Beijing tax rules

With the 90-day grace period soon to run out, some ultra-wealthy living outside mainland China face complicated tax liability questions.

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Illustration: Lau Ka-kuen
China jobs

In Focus | Cast out: why China’s young workers see sacking saga as sign of unsettling times

The outlook for China’s young jobseekers could worsen further, after an ugly fallout from Xingyu’s mass dismissal of university graduates.

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Hong Kong society

Beijing’s ‘trust issue’ with Hong Kong and what city can promise in 5-year plan

Hong Kong’s openness is both a strength and a weakness, so it must build robust security frameworks to reap rewards of national development, experts say.

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Hong Kong society

Hong Kong is lagging in the AI race – can it raise its game, and how?

As Singapore pulls ahead, experts say Hong Kong must overcome risk aversion and refine its governance frameworks to boost adoption.

Illustration: Brian Wang
China energy security

In Focus | Chinese coal mine gets hi-tech, green makeover with autonomous electric trucks

The deployment of self-driving vehicles, now past the pilot stage, has improved safety, efficiency and operating costs, mine manager says.

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Illustration: Lau Ka-kuen
Hong Kong society

Can John Lee untie the 4 knots choking the tech loop in Northern Metropolis?

What measures will the chief executive take to facilitate the flow of personnel, capital, data and materials into the hi-tech cooperation zone?

Hong Kong economy

In Focus | What’s a Northern Metropolis-like project doing in Malaysia? Lessons for Hong Kong?

Development of Malaysia’s Johor-Singapore Special Economic Zone and Hong Kong’s Northern Metropolis offers case study on mutual learning.

Hong Kong economy

In Focus | Why softer focus on national security in Hong Kong’s 5-year plan won’t happen

Experts expect John Lee’s policy address to set ambitious governance agenda on various social and economic issues, but security will underpin them all.

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Credit: Brian Wang
China-Japan relations

In Focus | How Japan is digging in to deter – and withstand – a conflict over Taiwan

A planned Hiroshima defence hub highlights how Tokyo is accelerating preparations to sustain its military should a Taiwan crisis reach Japan.

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Illustration: Brian Wang
China-Japan relations

In Focus | How Tokyo is widening regional defence ties to complicate Beijing’s Taiwan calculus

Tokyo is strengthening partnerships across the Indo-Pacific and beyond, possibly bolstering its ability to withstand a prolonged armed conflict.

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Electric & new energy vehicles

In Focus | China’s EV makers see synergy in their race to beat Tesla in humanoid robotics

Robotics has supply chain synergy with smart EV production because key components like cameras and radar, as well as software, are in both.

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