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China Economy

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Belt and Road Initiative
Asia housing and property
US-China trade war
Photo: AFP
Electric & new energy vehicles

EV influx, US rare earth miners blacklisted, China-EU trade talks

This week: Automakers ready to debut 150-plus EVs before year-end, China blacklists US companies including rare earth miners, foreign businesses encouraged to sell shares in China. Next week: Commerce Minister Wang Wentao heads to Brussels, new overseas investment rules take effect, June factory activity data release and more.

China energy security

China to generate 50% of electricity from nuclear and non-fossil sources by 2030

Banking & finance

Indonesia set to issue US$1 billion in panda bonds in China

Electric & new energy vehicles

Banking on it: Chinese EVs expand their global footprint

With a boost in global exports offsetting domestic dips, banks forecast significant growth in overseas markets – especially western Europe.

Chinese-made MG Cyberster electric vehicles wait to be loaded onto a ship for export at a car yard in Yantai, China's eastern Shandong province on Thursday. Photo: AFP
Chinese-made MG Cyberster electric vehicles wait to be loaded onto a ship for export at a car yard in Yantai, China's eastern Shandong province on Thursday. Photo: AFP
China trade

At Chinese supply chain expo, executives look to tech as geopolitical insulation

As wars and tariffs disrupt trade, experts at China International Supply Chain Expo focus on potential of frontier technologies.

Electric & new energy vehicles

How 156 new car models could trigger a ‘do-or-die’ crisis in China’s EV market

A record wave of launches – mostly EVs – threatens to overwhelm demand, forcing smaller players into a fight for survival.

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US-China trade war

China vows to pursue US tariff cuts while decrying ‘malicious’ trade acts

Beijing targets ‘win-win’ ties, dangling a US$300 billion proposal while justifying fresh restrictions on American firms over a Pentagon blacklist.

Beijing said it will continue discussing reciprocal tariff reductions within the framework of a newly established trade board with Washington. Photo: AP
Beijing said it will continue discussing reciprocal tariff reductions within the framework of a newly established trade board with Washington. Photo: AP
China’s private sector

Why Chinese competition, not geopolitics, is the biggest test for foreign firms

Multinationals remain committed to the Chinese market despite pressures, analyst says, citing the actions of Apple and Nvidia as evidence.

China energy security

China green-energy costs seen undercutting traditional energy as capacity soars

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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US-China tech war

Tech giant ASML joins China trade trip even amid US risk to sales

Europe’s most valuable company is seeking to boost sales in China while its home government works to fend off tougher export controls from the US.

Part of an EUV chip-making machine produced by ASML. Photo: Reuters
China consumption

Open Questions | Nomura economist on China’s deflation woes, fraught Japan ties

Richard Koo on the difficulty of raising consumption spending, why fraying Tokyo ties should worry Beijing, Trump’s weakness and fallout from Iran war.

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Illustration: Henry Wong
Illustration: Henry Wong
China travel

China-Japan flights to decline 57% in summer travel peak as tensions linger

Of Japan’s top five inbound tourism markets so far this year, mainland China is the only one where travellers require a visa.

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Electric & new energy vehicles

Top CATL boss cools expectations over next major leap in EV batteries

Robin Zeng Yuqun addresses expectations at ‘Summer Davos’ on whether the battery technology would be available in the near future.

Banking & finance

Can Shanghai’s offshore finance push test Hong Kong’s dominance?

Beijing is accelerating Shanghai’s offshore finance ambitions, raising questions over whether Hong Kong’s long-held edge can endure.

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Shanghai is seeking to expand its offshore finance business under a new action plan backed by Beijing. Photo: Getty Images
Infrastructure

Record-breaking bridges in eastern China to boost port and railway connections

World’s longest three-tower cable-stayed bridge and longest railway bridge built directly over the sea nearing completion.

China has completed the main span of a record-breaking sea bridge at Ningbo-Zhoushan port. Photo: Weibo/People’s Daily
China has completed the main span of a record-breaking sea bridge at Ningbo-Zhoushan port. Photo: Weibo/People’s Daily
China trade

Why the Vietnam ‘detour’ for US-bound Chinese goods hit a dead end

Is finding another Hanoi haven possible, or would trying be a fool’s errand for Chinese firms looking to get the jump on Trump and evade tariffs?

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China exports

China’s new front in rare earth export violations: rewarding tip-offs

The announcement follows the arrest of two Japanese nationals over alleged smuggling and comes as Beijing tightens oversight of critical minerals.

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China's economic recovery

China’s Xi joins leadership blitz of hub visits in pre-GDP fact-finding push

The president, premier and vice-premiers blanket agricultural and tech centres to gauge local strains and industrial progress before key July policy summit.

President Xi Jinping talks with grain growers, agricultural machinery operators and agricultural technicians on Wednesday in Lingcheng, Shandong province. Photo: Xinhua
President Xi Jinping talks with grain growers, agricultural machinery operators and agricultural technicians on Wednesday in Lingcheng, Shandong province. Photo: Xinhua
Yuan

Hong Kong readies offshore yuan initiatives after Shanghai move

Beijing is supporting the development of offshore yuan trading as part of a broader drive to boost the Chinese currency’s global role.

Yuan

China’s central bank sets weaker yuan midpoint against US dollar for third day

The move comes after European Central Bank chief urged global leaders to discuss undervaluation of the Chinese currency.

World Economic Forum (WEF) in Davos

‘China Opportunity 2.0’: Li Qiang pitches revised narrative at ‘Summer Davos’

The Chinese premier made the speech at the opening plenary of the 17th Annual Meeting of the New Champions in Dalian.

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Chinese Premier Li Qiang speaks at Summer Davos on Wednesday. Photo: Handout
Belt and Road Initiative

China, Kazakhstan target deeper ties in minerals and energy at ‘Summer Davos’

At the high-profile forum, Beijing expressed its willingness to work with Astana on deepening cooperation in energy and mineral resources.

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A China-Europe freight train prepares to leave the China-Kazakhstan (Lianyungang) Logistics Cooperation base in Lianyungang, Jiangsu province, in 2023. Photo: CFOTO/Future Publishing via Getty Images
A China-Europe freight train prepares to leave the China-Kazakhstan (Lianyungang) Logistics Cooperation base in Lianyungang, Jiangsu province, in 2023. Photo: CFOTO/Future Publishing via Getty Images
China exports

What fuels global trade imbalances: China’s overcapacity or US failure to adapt?

Economists highlight the potential for China’s green manufacturing capacity to support the global energy transition, despite overcapacity fears.

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Banking & finance

China’s trading crackdown seen boosting Hong Kong as official capital hub

Analysts at ‘Summer Davos’ gathering highlight pivot towards official cross-border connect schemes to intermediate domestic wealth ‘on China’s own terms’.

China food security

Global farming, Chinese food imports at stake as El Nino threatens drought

Sharpest risks to occur in the Global South, with countries facing conflict and economic stress being the worst hit: United Nations’ FAO.

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An aerial view of barren farmland on the banks of the Cipamingkis River in Indonesia's West Java province. Photo: NurPhoto via Getty Images
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