China’s space military tech ‘threat’, EU and rare earths: SCMP daily highlights

A Long March-2C carrier rocket carrying two satellites blasts off from the Jiuquan Satellite Launch Center in northwest China in November 2024. Photo: Xinhua

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 .

China is moving “breathtakingly fast” in space military technologies and posing strategic threats to the United States, America’s top space force official said on Tuesday.

2. US-China trade deal is near, expert says: ‘they are going to stabilise this’

The United States and China could reach a trade agreement as early as next week, according to a Harvard scholar, who has offered clues on the state of negotiations weeks after the two rival economies agreed to a trade truce.

3. As business outlook improves, is China retaining more of its wealthy elite?

Passengers arrive at Heathrow Airport in London in January 2023. Photo: EPA-EFE
Passengers arrive at Heathrow Airport in London in January 2023. Photo: EPA-EFE

The number of wealthy mainland Chinese choosing to emigrate is projected to drop to a 10-year low this year thanks to the country’s improved business environment and its growing appeal to tech entrepreneurs, according to a report by a London-based advisory firm.