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‘Art of the deal’: UK telecoms exit fits Li family’s trademark timing for selling at top
ACTU
11.05.2026

‘Art of the deal’: UK telecoms exit fits Li family’s trademark timing for selling at top

CK Hutchison Holdings’ shares climbed to their highest level since 2020 after the conglomerate announced plans to exit the UK mobile market, signalling that investors believe the Li family may once again have timed an industry peak before the broader market. Shares rose about 12 per cent to HK$73.30 on Monday from the May 5 close, after the company said it would sell its 49 per cent stake in VodafoneThree for US$5.8 billion. CK Hutchison said the disposal was expected to generate a gain of about...

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SCMP Economy
Thailand’s former prime minister Thaksin released on parole
ACTU
11.05.2026

Thailand’s former prime minister Thaksin released on parole

Thailand’s former prime minister Thaksin Shinawatra was released from prison on parole on Monday, raising the prospect of a return to the spotlight for the political heavyweight. The 76-year-old telecoms billionaire has been serving a one-year prison sentence for corruption since September. He is required to wear an electronic monitor until his probation ends in four months. His hair closely cropped and in a simple white shirt, Thaksin walked out of prison around 7.40am and was immediately...

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SCMP Economy
China's Trade Transformation: From Goods to High-Tech Services Exports
ACTU
03.05.2026Résumé IA

China's Trade Transformation: From Goods to High-Tech Services Exports

China is undergoing a structural trade transformation, shifting from exporting physical goods like footwear and handbags to becoming a major exporter of manufacturing technology and services. In 2025, China's exports of telecoms, computer and information services reached US$118 billion, a 13% year-on-year increase, while traditional goods exports declined—footwear fell 9% to US$46 billion and handbags/suitcases dropped 13% to US$30 billion. Companies like Guangzhou-based iRootech are leading this shift, exporting industrial AI and computer vision technology to global manufacturers.

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SCMP Economy
China’s manufacturing rise is here to stay. The West must recalibrate
ACTU
01.05.2026

China’s manufacturing rise is here to stay. The West must recalibrate

If the “China shock” of the early 2000s was about China catching up, then “China shock 2.0” is about the country redefining the boundaries of what is economically possible across manufacturing sectors, according to Columbia University professor Adam Tooze. Amid complaints about the trade and industrial policies accelerating China’s rise in many sectors – including aviation, space, artificial intelligence (AI), telecoms, microprocessors, robotics, nuclear and fusion power, quantum computing,...

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SCMP Economy
US telecoms agency votes to expand tech crackdown on China
Tech
30.04.2026

US telecoms agency votes to expand tech crackdown on China

The Federal Communications ⁠Commission on Thursday voted unanimously to advance a proposal to bar all Chinese labs from testing electronic devices such as smartphones, cameras and computers for use in the United States. The agency says about 75 per cent of ‌all US electronics are tested in China and plans to adopt a streamlined approval process for devices tested in US labs or labs from countries not posing national security risks. In a separate 3-0 vote, the commission advanced a proposal to...

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SCMP Tech
China Warns US Threatening Trade Stability Ahead of Trump Visit; Taiwan Named Top Risk
En développement
Politique·01.05.2026Résumé IA

China Warns US Threatening Trade Stability Ahead of Trump Visit; Taiwan Named Top Risk

Senior Chinese and US officials are testing diplomatic waters ahead of Trump's planned visit to China. China's Commerce Ministry warned the US is threatening 'hard-won stability' in trade relations after the US telecoms agency effectively banned smartphones tested in Chinese laboratories. During a phone call with Secretary of State Marco Rubio, Foreign Minister Wang Yi described Taiwan as 'the biggest risk factor in China-US relations' and urged the US to honor its commitments.

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SCMP News
China backs Myanmar’s push to ease diplomatic isolation, stamp out telecoms scams
ACTU
26.04.2026

China backs Myanmar’s push to ease diplomatic isolation, stamp out telecoms scams

China has pledged to help Myanmar’s new government to engage more with multilateral platforms and eradicate telecoms scam operations. Capping a five-day trip to Southeast Asia on the weekend, Chinese Foreign Minister Wang Yi told Min Aung Hlaing, Myanmar’s junta leader-turned-president, on Saturday that China “firmly supports Myanmar in safeguarding its national sovereignty, security and territorial integrity”. “This year marks the first year of Myanmar’s new government. Both sides should seize...

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SCMP Economy
Vodafone incentivised security staff to fine its own franchisees
ACTU
19.04.2026

Vodafone incentivised security staff to fine its own franchisees

Shopkeepers charged millions of pounds, including alleged £10,000 penalty for mistake that cost firm £7.08Vodafone incentivised its security staff to increase “clawbacks” levied on its own franchisees, as part of a programme that led to the telecoms group fining its own shopkeepers millions of pounds for seemingly small administrative errors.The policy – which included one alleged case of a £10,000 penalty for a franchisee whose mistake cost Vodafone £7.08 – involved setting “key performance indicators” (KPIs) for the telecoms group’s internal employees to collect total annual fines of £1.5m from the small business people running the FTSE 100 company’s high street stores. Continue reading...

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Guardian Business