China’s ‘who gets what’ debate, Beijing slams US over Gaza: SCMP daily catch-up

Catch up on some of SCMP’s biggest China and economy stories of the day. If you would like to see more of our reporting, please consider subscribing.

1. China’s stimulus debate reignites questions of who gets what, and how

After casino hub Macau unveiled fresh cash handouts of 10,000 patacas (US$1,247) to each of its permanent residents to boost consumption, debates over how mainland China should effectively stimulate domestic spending have reignited, with no clear resolution in sight.

2. China slams US for blocking Gaza ceasefire resolution at UN Security Council

China has lashed out at the US for vetoing the latest UN ceasefire effort for Gaza, accusing Washington of bringing global governance to an “all-time low”.

3. China, US ‘have different definitions of deterrence’. Will this bring disaster?