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Carol Yang
Beijing
Senior Reporter, Political Economy desk
Carol joined the Post in January 2025 and covers China's economy. Before this role, she worked as a news reporter for shipping media Lloyd’s List in Shanghai for two years and for China Global Television Network in Beijing for six years. She holds a master's degree in intercultural communication from the University of Warwick.
Carol joined the Post in January 2025 and covers China's economy. Before this role, she worked as a news reporter for shipping media Lloyd’s List in Shanghai for two years and for China Global Television Network in Beijing for six years. She holds a master's degree in intercultural communication from the University of Warwick.
Areas of Expertise:
Chinese economy, policy and shippingLanguages Spoken:
English, Mandarin
Agreement set to end US naval blockade and establish 60-day window to dismantle Iran’s nuclear programme.
Wang’s visit focuses on cross-border transport and trade links as he calls for closer alignment between the countries’ development strategies.
The sweeping overhaul has affected over 30 per cent of China’s degree programmes, with arts and languages ditched in favour of tech-focused fields.
Seven Chinese ports including Hong Kong ranked among the world’s top 10 in the report, which tracks how quickly trade hubs process ships.
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China is already the world’s dominant builder of bulk carriers and container ships. Now, it is also capturing a rising share of hi-tech gas carrier orders.
Chinese firms dominate the global market for machinery used to extract offshore energy – a sector that is booming amid the Iran war.
Regulator calls on major state-owned companies to become ‘globally influential’ sources of technology in 10 strategic sectors.
New flight-clearance model is being promoted in Shanghai and Sichuan, but Beijing’s skies remain off-limits.
Shipping lines say they have no choice but to pass on steep cost rises, as the Iran war sparks a fuel crisis that could last well into next year.
Member states seek more financial autonomy and localised credit by advancing an effort to fund regional growth using their national currencies, not the US dollar.
Top energy firms and tech companies are being drawn into state-backed pilots to align surging computing demand with more efficient energy usage.
Passage through the waters could reduce transit times to Europe, offering an alternative to traditional routes amid rising geopolitical risks.
Beijing’s support is seen as critical to peace negotiations – and analysts believe this could push Washington to relax sanctions on Chinese oil buyers.
China is working with the UN agency to help the world’s least developed countries advance technical education and grow their talent pools.
Two Chinese tankers were among group of vessels transiting vital waterway on Wednesday, but was it a one-off or the start of a new trend?
Huang Qifan says coordinated policies, including gradual yuan appreciation and lowering of tariffs, are needed to address trade imbalances.
Products and services compatible with China’s navigation system have captured 58 per cent market share in countries in the trade initiative.
The US and Iran are both considering their next moves as the deadlock over the key shipping route continues.
Campaign aims to name 40 cities and 200 workplaces as being supportive of childbirth every three years.
China Minmetals Economic Research Institute says disruption of sulphur shipments through strait is having ripple effects on copper production.
China’s shipyards secured a staggering 85 per cent of global orders in the first quarter, as demand for oil tankers surges amid the Iran war.
The percentage of the capital’s population aged between 20 and 29 plunged from 21.3 per cent in 2015 to 11.4 per cent in 2024.
Export value rose 14.1 per cent year on year, well above market forecasts.
Chinese shipping giants are signing long contracts and rejigging their networks, as they hedge against prolonged disruptions to global trade routes.
The sector is advancing faster than the available talent pool – but officials call licences a ‘breakthrough’ moment.
Global supply shocks have intensified in recent months – reaffirming Beijing’s years-long strategy.
Ministry of Natural Resources boasts world-leading reserves of 14 minerals and vows to keep boosting output and exploration as geopolitical risks weigh on resources.
The research agenda will also focus on safeguarding port access and critical mineral investments amid rising threats to global trade.
The vessel’s completion follows China dominating global shipbuilding orders last year, with South Korea leading in high-value segments.
