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China Economy

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Belt and Road Initiative
Asia housing and property
US-China trade war
Researchers at Goldman Sachs have estimated 16 million jobs in export-oriented fields, including apparel, could be at risk in China after US tariff hikes. Photo: AFP
China jobs

US tariffs could endanger 16 million export jobs in China: Goldman Sachs

Investment bank researchers say retail, wholesale goods likely to be hardest hit, particularly apparel, chemical products and communications gear.

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US-China trade war

China moves to protect economy from trade war, vows to hit 5% growth target

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US-China trade war

Open Questions | Why Scott Kennedy thinks the US-China trade war is ‘far from the endgame’

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China consumption

China eases tax refund rules for foreign visitors in bid to attract more tourist cash

The new policy is part of wider efforts to boost spending inside the country as it seeks to counter the impact of the trade war with the US.

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The tax policy is the latest in a series of measures to boost foreign visitor numbers. Photo: Xinhua
The tax policy is the latest in a series of measures to boost foreign visitor numbers. Photo: Xinhua
China economy

China’s first quarter industrial profits return to growth amid US tariff threat

The 0.8 per cent rise in the first three months comes as economists and investors brace to see what impact the trade war will have.

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US-China trade war

‘We can’t afford not to’: China firms race to open US factories amid trade war

Chinese exporters in a slew of industries are setting up US facilities to escape crippling tariffs – but doing so is often far from easy.

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US-China trade war

Crunch time for China’s solar panels as Trump’s 3,521% tariffs loom

Chinese firms have been exporting from offshore factories to beat US tariffs for a decade, and Washington is determined to shut the loophole.

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illustration by Lau Ka-kuen
illustration by Lau Ka-kuen
US-China trade war

Trump opened Pandora’s box on ‘Liberation Day’. Can it ever be closed again?

Near the end of his first 100 days, Trump’s tariffs have put the global economy in disarray – does it matter if he is having second thoughts?

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US-China trade war

Why are European luxury brands caught in China-US trade war crossfire?

Amid US-China trade war, videos showcasing China’s manufacturing prowess went viral but also drew controversy.

US-China trade war

China cancels largest US pork order in 5 years, dealing blow to American farmers

American farmers likely to face dire consequences in trade war as the mainland rolls out high tariffs, cancels orders: analysts.

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China has turned to countries besides the US for its pork supplies, cancelling import orders at a rapid pace. Photo: K.Y. Cheng
Electric & new energy vehicles

Pure EVs regain market share in China on lithium cost, battery technology

Lithium prices are just one-ninth of the peak in 2022, allowing EV makers to win over new buyers in mainland China.

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Visitors look at Contemporary Amperex’s fast-charging battery at the Shanghai Auto Show on Wednesday. Photo: AP
Visitors look at Contemporary Amperex’s fast-charging battery at the Shanghai Auto Show on Wednesday. Photo: AP
US-China trade war

US firms cautious about investing in China amid rising tensions, AmCham says

Many American companies no longer prioritising Chinese market despite Beijing’s efforts to woo foreign investors, new report finds.

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US-China trade war

At G20 in Washington, top China officials slam trade war as talks remain elusive

Central bank governor and finance minister address G20 ministers but conclude trip without official dialogue with US counterparts.

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US-China trade war

As US tariffs hit, China wants exporters to sell domestically – but can they?

Beijing has announced measures to support firms hurt by US tariffs, but businesses warn of challenges in domestic market.

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Employees work on an assembly line of lights at a factory of LED lighting manufacturer WOSEN in Zhongshan, in southern China’s Guangdong province on April 17, 2025. Photo: AFP
China's economic recovery

China puts onus on stability as Beijing vows domestic support amid US trade war

China’s Politburo says authorities will roll out specific plans to companies and individuals affected by the trade war.

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China’s Politburo has met and set the tone for the country’s economic work in the second quarter of the year. Photo: Robert Ng
China’s Politburo has met and set the tone for the country’s economic work in the second quarter of the year. Photo: Robert Ng
China's space programme

Shanghai aims for leading role in China’s commercial space sector

China’s financial hub steps up challenge to American space giants such as SpaceX and Blue Origin.

SCMP Highlights

China’s stealth jet breakthrough, Thai ranger fired over slur: 7 highlights

From China unveiling a stealth jet advance to Hong Kong Mandarin Oriental hotel’s makeover, here are highlights from SCMP’s recent reporting.

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China trade

Japanese, German giants vow big China investments, bucking wait-and-see trend

A US$2 billion deal between Toyota and Shanghai shows how foreign direct investment is still finding its way to China despite trade war with the US.

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Japanese auto giant Toyota, which has been making vehicles in China for decades, will build a US$2 billion plant for electric vehicles in Shanghai. Photo: Getty Images
Japanese auto giant Toyota, which has been making vehicles in China for decades, will build a US$2 billion plant for electric vehicles in Shanghai. Photo: Getty Images
International Monetary Fund (IMF)

China should boost consumption to offset slowdown and US trade war, IMF says

Having cut China’s growth forecast, fund officials also suggest stronger social protections and doing more to address property sector woes.

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US-China trade war

Sky-high US tariffs to hit Boeing, Chinese airliners and China’s home-grown jets

As the trade war fallout continues to spread, full domestic sourcing of parts for China-made planes ‘is unlikely to happen before 2035’, analyst says.

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Electric & new energy vehicles

Chinese carmakers put brakes on self-driving hype at Shanghai show

‘Safety’ is the big buzzword as firms adjust tone amid Beijing’s closer scrutiny after a fatal crash involving a driver-assistance system.

Visitors walk in front of the Geely booth during the Shanghai auto show on April 23, 2025. Photo: EPA-EFE
Banking & finance

China’s wealthy are hoarding cash amid an uncertain economy, survey finds

Chinese high-net-worth investors are wary of taking risks during a period of intense turbulence.

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China’s high-net-worth investors are parking their money in cash and near-cash products amid a period of economic turbulence, according to a new report. Photo: Reuters
China’s high-net-worth investors are parking their money in cash and near-cash products amid a period of economic turbulence, according to a new report. Photo: Reuters
China’s economic stimulus

Explainer | How China is expanding and accelerating its ‘special bonds’ programme

Beijing is issuing more ultra-long-term government bonds as it strives to shore up the Chinese economy amid an intensifying US trade war.

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US-China trade war

‘Fake news’: China dismisses claims of US trade talks

Government ministries say trade negotiations not being considered after US President Donald Trump suggested the two countries have been in contact.

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China’s private sector

Explainer | How does Beijing’s new market access negative list help private firms?

NDRC reduces number of areas in which restrictions apply from 117 to 106.

A humanoid robot dispenses medicine at a mock pharmacy at Beijing World of Robots on April 17. Pharmaceutical sales is one of the areas in which restrictions have been relaxed in China’s latest market access negative list. Photo: EPA-EFE
China Future Tech
HIGHLIGHTS FROM
China Future Tech

China Economy

Shanghai aims for leading role in China’s commercial space sector

A Long March-2F carrier rocket carrying the Shenzhou-20 spacecraft and a crew of three astronauts lifts off from the Jiuquan Satellite Launch Centre on Thursday. Photo: Xinhua

Tech

China Future Tech webinar | US-China tech war in era of Trump tariffs

China Business

Pure EVs regain market share in China on lithium cost, battery technology

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Visitors look at Contemporary Amperex’s fast-charging battery at the Shanghai Auto Show on Wednesday. Photo: AP

Big Tech

Baidu offers new AI models at lower cost than DeepSeek’s products

Baidu has made available to developers its latest artificial intelligence models, Ernie 4.5 Turbo and X1 Turbo. Photo: Shutterstock

Tech War

China waives retaliatory tariffs on some US chip imports, report says

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China has reportedly waived retaliatory tariffs on some US chip imports. Photo: Reuters
MORE IN China Future Tech
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