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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
Chinese shipbuilders saw their market share dip for the first time in five years in 2025, as uncertainty over US port fees roiled the industry.
During a visit to the province, Li Qiang emphasises need for decisive actions and innovative strategies to boost investment and consolidate Guangdong’s leading economic role for China.
Beijing aims to expand the nation’s entire rail network to about 180,000km as part of 2026-2030 infrastructure push, boosting connectivity nationwide.
Removal of Venezuelan leader could be part of US effort to regain global pricing power as petrodollar system comes under strain: analysts.
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Unless Beijing introduces more forceful policies, consumers could get locked into a mindset that is ‘nearly impossible to break’, scholars say.
Wang Yiming says Beijing must innovate from the ground up to create deterrents against foreign supply cuts, citing missed R&D spending target.
The draft policy would cut down on excess capacity within e-cigarette sector and tighten enforcement of standards in production and export.
China, one of the world’s hardest-working countries, is adopting incentives to increase time off – and potentially boost consumer spending.
The president instructs central SOEs to drive industrial upgrading while securing critical technologies and supply chains in the face of geopolitical risks.
New policy by the People’s Bank of China applies to one-off debts up to 10,000 yuan incurred since 2020, aiming to help people rebuild credit.
Trade lanes using Strait of Malacca, Red Sea and Suez Canal could be disrupted during ‘major international crisis’, Beijing forum told.
China’s rise is unstoppable, president tells central economic work conference, hails ‘moral backbone’ in rare allusion to US trade war.
Beijing also seeks to increase consumption by loosening restrictions, raising incomes and attracting tourist spending, Han Wenxiu says.
The assessment is up from October’s forecast, with the fund citing government stimulus and lower tariffs as drivers.
Commerce Minister Wang Wentao’s remarks echo similar calls by other senior officials ahead of annual central economic work conference.
With many of their clients moving or building sites abroad, China’s factory owners are following suit, seizing a ‘last chance’ for new revenues.
Controversial wording seen as a geopolitical trap designed to force neutral countries to uphold Western containment strategies.
The world’s biggest builder vows new chapter marked by landmark projects, tighter integration and data sharing.
The combined venture will reportedly operate five cruise ships, with another under construction, as China strives to grow the industry.
Nations should work together to ensure trade serves as the ‘engine of China-US relations, not as a stumbling block’, Wang Wentao said.
German finance minister’s trip follows a tense period for China-Europe relations, with Berlin gripped by supply chain anxieties.
Critics say exports of these vehicles, typically sold at lower prices but without guaranteed after-sales service, distort the market.
Lou Jiwei says real estate is an unlikely source of systemic risk, but proactive policy is necessary to counteract its drag on the economy.
Official data points to uneven recovery last month, but analysts do not expect major stimulus as annual growth target within reach.
Analysts say other countries forced to walk fine line, while one argues business interests make it hard to pick sides.
The People’s Bank of China said the economy was on track to hit its annual growth target despite facing a challenging environment.
Beijing also pauses sanctions on South Korean shipbuilder affiliates, while shipping industry welcomes suspended duties.
‘New quality productive forces’ drive does not mean casting traditional industries aside, party journal says, urging localities to be prudent.
Reversing deindustrialisation is notoriously difficult, making industrial protection a top priority, official publication says.
