Advertisement
Emma Ma
Reporter, Political Economy
Before joining the SCMP, Emma was a reporter for a state-run organisation for 16 years.
Before joining the SCMP, Emma was a reporter for a state-run organisation for 16 years.
Areas of Expertise:
financial sectors, real estate, economyLanguages Spoken:
English, Mandarin
New production lines highlight Beijing’s push to strengthen self-sufficiency in a cutting-edge material used across aerospace and advanced industries.
Beijing imposes cash deposits on imports of the widely used agricultural product ahead of Ottawa’s decision on Chinese-made steel racks.
Geopolitical tensions add fuel to long-standing debate about China’s need for multiple offshore yuan centres – a role that suits Shanghai well.
Regulators are leveraging currency strength to formalise outbound routes, granting fresh quotes for global assets while narrowing the interest-rate corridor.
Advertisement
‘We don’t stir up trouble,’ He Lifeng says as first vice-premier to attend annual Lujiazui Forum since 2019, ‘but we’re absolutely not afraid of it’.
Beijing’s latest road map aims to cut carbon emissions by 200 million tonnes by 2028 – but analysts say implementation may vary across regions.
But while traditional industries are mired in a downturn, hi-tech firms look to expand – many through direct financing.
Tungsten-based materials are widely used in semiconductor manufacturing, and recent supply constraints highlight growing vulnerabilities.
Public health experts warn low taxes on cigarettes risk undermining Beijing’s pursuit of a healthier population.
Some commercial lenders have stopped offering long-term deposit products with higher interest rates.
While China’s interest in gold is unlikely to fade, investment-grade product sales have dwindled after 15 months of retail growth.
The number of students sitting China’s university entrance exams is on the decline, as teens decide not to pursue a degree amid a graduate job crunch.
Some banks are exercising more caution with offshore accounts for their mainland China clients amid tighter investment controls from Beijing.
Aimed at attracting capital into hi-tech sectors, the move would be a first for the city and comes weeks after US-based CME Group announced a similar plan.
But bigger down payments mean banks are yet to see a recovery in their mortgage loan businesses.
Ministry of Natural Resources urges research institutions and drug makers to use the technology to speed up the development of new drugs.
Ministry data reveals nine-month slump in breeding stocks while top-listed companies face big financial hits as rising fuel and grain costs erode margins.
At the end of last year, 15.87 per cent of China’s population was aged at least 65, compared with 15.25 per cent aged between 0 and 14.
Banks report there are 120 million fewer active credit cards in China with 687 million customer accounts, a dramatic drop from 2022’s peak.
