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Sylvia Ma

Sylvia Ma

Shanghai
@Im_SylviaMa
Reporter, Political Economy
Sylvia Ma covers China's economy from Shanghai, having joined the Post as a graduate trainee in Hong Kong in 2023. She holds a master’s degree in journalism from the University of Hong Kong and a bachelor’s degree in English from Fudan University.
Sylvia Ma covers China's economy from Shanghai, having joined the Post as a graduate trainee in Hong Kong in 2023. She holds a master’s degree in journalism from the University of Hong Kong and a bachelor’s degree in English from Fudan University.
Areas of Expertise:
China macroeconomy and finance
Languages Spoken:
English, Mandarin

China’s trade surplus narrows in July as exports hold firm in strong tech cycle

Import and export growth readings beat economists’ forecasts, driven by higher chip prices and a jump in tech shipments.

Tech and trade rifts and forced labour claims test US-China cooperation ahead of Xi Jinping’s planned visit to Washington in September.

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Beijing frames the measures as a ‘restrained’ response to the US’ recent sanctions and robot import ban, but warns of potential further actions.

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Politburo’s pledge to stabilise growth and boost capital markets helps drive rally, reinforced by days of relatively strong reference rates by the central bank.

The high-level decision-making body also set October for the fifth Central Committee plenum, which will set the stage for next year’s party congress.

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Analysts say removing some expenses for foreign borrowers will help funnel more yuan overseas and create a large offshore liquidity pool of China’s currency.

President Xi Jinping has offered to play a ‘constructive role’ in reaching a solution, saying it would be in both sides’ long-term interests.

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Beijing clears the online retail giant to seek an initial public offering in Hong Kong, after its plans to float in London and New York hit a dead end.

Though relations have turned frosty, analysts said US-China economic ties are too extensive to unwind completely – with dependencies on both sides.

Ministry of Finance eyes move towards knowledge sharing as wealth gains and US pressure curb lending for a nation that is now the world’s top bilateral creditor.

Energy-storage chairman eyes ‘0.1-yuan era’ for equipment as solar and wind projects gradually sideline coal in the nation’s power-generation mix.

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