SCMP China·Friday, January 16, 2026

SCMP China - Friday, January 16, 2026

10 stories~15 min

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Stories Covered

China’s US envoy says world faces ‘stark choice’ as 2026 opens with instability

China’s top diplomat in the United States delivered a sharply worded rebuke on Thursday over US President Donald Trump’s tumultuous approach to global relations, laying out a stark choice between a world informed by China-led stability and one battered by Washington. Chinese ambassador Xie Feng’s comments to the 1,000-member China General Chamber of Commerce come two weeks into Trump’s second year of his latest term in the White House. The past fortnight has already seen the Trump administration

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Carney calls for China-Canada relationship that adapts to ‘new global reality’

Canadian Prime Minister Mark Carney pitched a new China-Canada relationship that could bring security and prosperity for both nations, in talks with Chinese President Xi Jinping on Friday. “Together we can build on the best of what this relationship has been in the past, and create a new one that adapts to [the] new global reality,” Carney said during his opening remarks, adding that it could deliver stability, security and prosperity for both nations. Carney is on a state visit to China, the...

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China’s quantum warfare weapons; ‘rising star’ quits US: SCMP’s 7 highlights

We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Chinese military says it is developing over 10 quantum warfare weapons The People’s Liberation Army said more than 10 experimental quantum cyber warfare tools were “under development”, many of which were being “tested in front-line...

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Chinese power stocks surge on State Grid’s record US$574 billion investment plan

Shares of Chinese electricity and grid equipment makers surged after State Grid unveiled a 4 trillion yuan (US$574 billion) plan to upgrade the country’s power networks, as surging demand and the global race in artificial intelligence drive investment in energy infrastructure. Baoding Tianwei Baobian Electric, which makes transformers, climbed 4.6 per cent to 14.50 yuan in Shanghai and power equipment manufacturer Henan Pinggao Electric jumped 4.8 per cent to 20.83 yuan. Suzhou Electrical...

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China’s supercooling tech packs 40% more punch into chips used in military radar

Chinese scientists have unlocked a revolutionary supercooling innovation in semiconductor technology, paving the way for a 40 per cent leap in the performance of gallium nitride-based radar systems, which are widely used in China’s most advanced stealth aircraft. The new Chinese-made chips can handle extreme power loads in the X and Ka bands – frequencies critical for advanced radar systems, satellite communications and next-generation wireless computer networks. “This is the most significant...

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US ambassador to China David Perdue to visit Hong Kong at the end of January, sources say

America’s ambassador to China, David Perdue, will visit Hong Kong at the end of January to speak at a business conference, according to sources. Perdue will address the Goldman Sachs Global Macro Conference Asia-Pacific 2026 on January 27, several people familiar with the matter told the South China Morning Post. They said the envoy was expected to spend “several days” in the city. The US consulate in Hong Kong, the Commissioner’s Office of the Chinese foreign ministry in Hong Kong and the Hong.

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Trump’s ‘America first’ agenda driving countries closer to China: survey

United States President Donald Trump’s “America first” agenda is helping to make China great again and ushering in a “truly multipolar world”, according to a survey by the European Council on Foreign Relations. “A year on from Trump’s return, in countries across the globe, many people believe China is on the verge of becoming even more powerful,” the think tank said after surveying 25,949 people from 21 countries, including the US, China, Russia, Britain and Brazil. Most respondents thought...

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China’s slowing growth, bilateral tensions top American business concerns in 2026

Concerns about China’s slowing economic growth and “strained” Beijing-Washington relations rank as the top two concerns among members of the American Chamber of Commerce in China this year, according to a chamber survey released on Friday. The growth concern was raised by 64 per cent of the 368 respondents, making it the leading issue, the annual China Business Climate Survey found. Fifty-two per cent of respondents reported being profitable or very profitable last year, 6 percentage points more

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Could China’s Yaogan-47 satellite have a lens as wide as the Hubble Telescope?

One of China’s latest Earth observation satellites operating in low orbit could feature an optical aperture at a two-metre scale with “global leading” remote sensing capabilities, according to a China Science Daily report on Thursday last week. The report refers to the Yaogan-47 satellite, which was launched aboard a Long March 4B carrier rocket from the Jiuquan Satellite Launch Centre on December 9. For comparison, the Hubble Space Telescope and likely the US KH-11 spy satellite have main...

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China pushes slow bull run with tightened margin financing rules to fight overheating

China’s move to raise margin requirements for leveraged stock trading signalled regulators’ push to steer clear of boom-and-bust cycles, while strengthening the stock market’s role in funding the country’s tech self-sufficiency efforts, according to analysts. “The signal from regulators was crystal-clear: guide the market towards a stable transition to a slow bull run,” said Wang Jun, a strategist at BOC International in Shanghai. “Investors should reduce their leverage levels to guard against..

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