Yuan battles US dollar, China’s latest J-35 stealth jet: SCMP daily highlights

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1. China’s central bank vows to enhance yuan amid risks from strong US dollar

China’s central bank has pledged to advance the cross-border use of the yuan and develop the offshore yuan market, as the mission to stabilise the currency grows more urgent in the face of a strong US dollar.

2. Joint projects and visas: how US embassy job cuts could play out in China

Any downsizing of the US diplomatic mission in China could affect Washington’s understanding of the country, weaken joint projects, and hold up visa applications, according to observers.

3. China gives Mideast buyers a glimpse of latest J-35 as stealth jet market takes off

Aviation products, including fighter jets, drones and transport aircraft, are displayed at the 2025 International Defence Exhibition in Abu Dhabi. Photo: Aviation Industry Corporation of China
Aviation products, including fighter jets, drones and transport aircraft, are displayed at the 2025 International Defence Exhibition in Abu Dhabi. Photo: Aviation Industry Corporation of China

China has been promoting the latest version of its carrier-based stealth fighter jet at the Middle East’s biggest military expo as competition heats up for aircraft sales in the region. Suppliers from France, South Korea and Turkey are also competing for a share of defence budgets.

  

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