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Photo: Xinhua

China Economy

China ends hybrid-car tax break as EV success creates challenges

Plug-in hybrid owners will have to start paying an annual vehicle levy in China, as the shift to new-energy models lowers tax revenues while also worsening road damage.

3 hours ago

China’s latest nuclear reactor connects to grid, set to supply power to 1m

3 hours ago

Europe tries to find its way in a ‘world without bearings’

4 hours ago

Global Economy

EU should learn from China’s energy tech, say heads of 2 French power giants

The EU can learn from China’s tech knowledge and speed capability in both renewable and nuclear power sectors.

5 hours ago

Construction at the Haiyang Nuclear Power Plant in China’s northeastern Shandong province on June 29. Photo: Xinhua

China Business

China’s EV deliveries continue downward spiral, exacerbating industry worries

About 1 million electric or hybrid vehicles were delivered to customers in China in June, down 7 per cent year on year.

4 hours ago

Global Economy

Can China’s budget brands crack developed markets? Mixue shows it won’t be easy

Slow expansion in Japan and store closures in Hong Kong suggest low prices may not be enough to win over consumers in mature economies.

6 Jul 2026 - 9:00AMvideocam

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Global Economy

Why is a Chinese-made portable AC selling out across heat-stricken Europe?

Popularity of Midea’s PortaSplit fuels resale mark-ups and expedited shipping as renters favour plug-and-play cooling amid installation barriers.

5 Jul 2026 - 4:00PMvideocam

A Midea PortaSplit air conditioner is pictured at Midea’s German R&D Centre on Tuesday. Photo: Xinhua

Banking & Finance

Why has China lowered its own ranking in global financial competitiveness?

A Beijing think tank dropped China’s world ranking to fifth place, behind the US, Japan, UK and Germany following stock market volatility.

5 Jul 2026 - 2:00PMvideocam

Economy

‘No one watching’: China’s unemployed find sanctuary in Communist Party centres

Chinese jobseekers use free office space to establish routines and hide their employment status from families while looking for work.

5 Jul 2026 - 10:00AMvideocam

China Business

After hooking China on coffee, Starbucks ramps up consumer strategy

Now that the chain has Chinese consumers hooked on coffee, it is attempting to become part of local consumer culture, analysts say.

5 Jul 2026 - 9:00AM

A woman checks her phone next to a Starbucks cart in Beijing. Photo: AFP

Global Economy

Currency advantages, K-beauty fuel Chinese shopping trips, spending in Korea

Chinese tourists in Seoul are turning tourist trips into shopping sprees, as a softer won makes luxury and lifestyle services more affordable.

4 Jul 2026 - 4:00PMvideocam

A surgeon and a patient at a clinic in Gangnam district, Seoul, on April 16. Photo: Korea Times

China Economy

Further to fly? Shenzhen poised to add more international flights

Shenzhen Baoan Airport could add more routes as China’s aviation regulator considers easing requirements for intercontinental flights.

4 Jul 2026 - 10:00AM

China Economy

China to scrap tax breaks for NEVs and energy-saving vehicles from 2027

Announcement by central government ministries extends the withdrawal of incentives for new-energy vehicles and energy-saving cars.

3 Jul 2026 - 10:16PM

China Economy

China unveils recycling push to bolster resource security, shore up green shift

The nation seeks to narrow the gap with regional peers such as Japan and South Korea by establishing a more comprehensive, granular recycling infrastructure.

3 Jul 2026 - 9:00PMvideocam

Waste batteries are pooled for recycling at a facility in China’s Anhui province. Photo: Xinhua

China Economy

AI skills required for 4 out of 10 graduate jobs in China: recruitment portal

University of Hong Kong professors say ‘messy jobs’ that span multiple tasks more immune to challenges posed by technology.

3 Jul 2026 - 8:00PM

A university student inquires about employment opportunities at a recruitment fair for science and engineering universities in Harbin, Heilongjiang province, in March. Photo: Getty Images

China Business

China’s BYD surpasses Tesla to regain lead in global EV race

The electric vehicle manufacturer has retaken the crown after pulling ahead in overseas shipments.

3 Jul 2026 - 6:00PM

Diplomacy

China-EU progress, Xi touts ‘global influence’, Nato summit

This week: China signals openness to cutting EU trade gap, President Xi hails Communist Party’s ‘significant global influence’ and factory activity returns to expansion. Next week: Nato summit takes place in Turkey, US moves towards new tariffs, Kung Fu Soccer may hit the screens, and more.

3 Jul 2026 - 5:02PM

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Global Economy

Why America’s brute-force effort on rare earths may not work against China

China spent decades carving out a commanding lead in the rare earth realm. Now the US wants its old piece of the supply chain back – is it still within reach?

6 Aug 2025 - 10:14AMvideocam

Illustration: Henry Wong

Global Economy

Chinese ‘vertical dramas’ are booming in America. Should Hollywood be worried?

Chinese platforms hosting bite-size soap operas about werewolves and mafia dons are drawing big audiences – and shaking up the streaming market.

17 Aug 2025 - 7:51AM

China Economy

As megacities slow, China’s smaller counties lead as new consumer hotspots

Survey last year found that nearly 80 per cent of consumers in China’s third- and fourth-tier cities were optimistic about the economy.

15 Aug 2025 - 8:41AMvideocam

China Economy

China rises up ‘elite quality’ league table as AI investment booms

China ranked 19th in the latest Elite Quality Index, which assesses whether national elites create sustainable value for their countries.

15 Aug 2025 - 9:00PMvideocam

Visitors watch humanoid robots fight at the Unitree Robotics booth during the World Robot Conference in Beijing. China has invested heavily in artificial intelligence, robotics and other emerging sectors in recent years. Photo: Reuters

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How China’s malls are trying to stay relevant

Wire

World’s top condom maker to raise prices over Iran war

ONE condoms by Karex on display in Petaling Jaya, Malaysia April 21, 2026. REUTERS/Hasnoor Hussain

The Iran war is going to hurt your skincare routine

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Small hobby businesses hit by rising costs from Iran war

Thai figurine studio founder calls for an urgent lifeline to help small businesses stay afloat

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