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Economy /

China Economy

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Belt and Road Initiative
Asia housing and property
US-China trade war
A pair of people are seen enjoying ice cream in Spain. Photo: Getty Images
Chinese overseas

Why are some Chinese students choosing Spain despite its tough job market?

Relatively low tuition rates and a more relaxed lifestyle appeal to young adults, while scarce work, high rents and expanding Chinese investment shape their prospects.

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China consumption

High-spending counties offer a rare bright spot amid China’s weak demand

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China property

Rebound in China luxury home sales divorced from rest of market: analysts

Electric & new energy vehicles

Karaoke in the car? China’s new wave of gadget-laden electric vehicles

China’s carmakers are competing to turn their vehicles into digital entertainment hubs, offering everything from film projectors to VR features.

BYD, China’s leading electric vehicle manufacturer, is integrating karaoke systems into its new premium models. Photo: Xinhua
BYD, China’s leading electric vehicle manufacturer, is integrating karaoke systems into its new premium models. Photo: Xinhua
China’s private sector

South China tech hub’s wet summer puts damper on small business profits

Shenzhen’s wettest July in more than three decades saw foot traffic plummet and also caused severe disruption to airline schedules.

China trade

US-China drone trade dealt another strike as Trump homes in on foreign dominance

Disrupted supply chains could complicate efforts of Chinese firms to expand globally in the fast-growing drone industry, while raising costs for American buyers.

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US-China trade war

US-China tariffs and trade

The US-China trade war entered a new phase after Trump returned to office. We review the timeline of tit-for-tat tariffs during Trump 2.0 and the top five exports between the two countries since he first entered office.

US-China tariffs and trade (updated)
Semiconductors

SMIC eyes expansion amid AI boom, Zhu Rongji dies, Shein nears IPO

This week: SMIC plans to boost chipmaking capacity on AI demand, former premier Zhu Rongji dies and retail investors flood Unitree IPO. Next week: Shein may open Hong Kong IPO, China retail sales may accelerate, Baidu and Alibaba post earnings, robots go on show in Beijing, and more.

China trade

China’s Central Asia push

China has become Central Asia’s top trading partner, with two-way trade surpassing US$100 billion last year on the back of increased oil and gas imports.

Banking & finance

Chinese central bank’s 15th five-year plan

The People’s Bank of China pledges to expand global use of the yuan to make the country a financial powerhouse in its first stand-alone five-year plan in at least a decade.

Photo: Shutterstock
China shipbuilding

Shifting tides in maritime sector float Chinese shipyard’s outlook

Formerly moribund facility on Yangtze River fills order book as shipowners favour small and medium-sized container vessels.

Qingshan Shipyard in Wuhan, in central China’s Hubei province, falls under the umbrella of Hong Kong-based China Merchants Group. Photo: hubei.gov.cn
Qingshan Shipyard in Wuhan, in central China’s Hubei province, falls under the umbrella of Hong Kong-based China Merchants Group. Photo: hubei.gov.cn
Zhu Rongji

How Zhu Rongji’s economic legacy endures in China after former premier’s death

Remembered as a candid, decisive leader, the former Chinese premier championed entrepreneurship, welcomed foreign expertise and brought urgency to economic policymaking.

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China’s Communist Party

Zhu Rongji reforms fuel China’s economic transformation

Straight-talking premier laid much of the groundwork for China’s economic boom, including admission to the World Trade Organization.

China's population

China’s marriage rate is still declining. What does it spell for the economy?

Fewer weddings, rising divorces and plunging birth rates risk exacerbating the fallout from a rapidly ageing population.

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A newly-wed couple pose for a photo with their marriage certificates at a marriage registration office on May 20 in Chengdu, Sichuan province, China. Photo: Getty Images
China trade

Fearing deflated China demand, US soybean growers pivot to new buyers, biofuel

With Chinese imports low according to a trade association, farmers are compensating by finding new markets and selling to biofuel makers.

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Soybeans are loaded into a truck so they can be hauled to an elevator and sold in Dwight, Illinois. Photo: TNS
Soybeans are loaded into a truck so they can be hauled to an elevator and sold in Dwight, Illinois. Photo: TNS
China manufacturing

From solar to AI: why China may be entering its ‘Go Global 3.0’ era

As a new wave of Chinese firms captures global demand for hi-tech goods, a new report highlights a strategic shift towards AI hardware and robotics.

China trade

EU’s new packaging rules leave China’s traders feeling boxed in

As trade tensions rise, Brussels has implemented new rules aimed at reducing packaging waste, with the threat of fines and bans for non-compliance.

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Artificial intelligence

Zuckerberg cites China threat to US lead in AI manifesto

The Meta’s chief’s 6,500-word essay on artificial intelligence backs open systems and highlights China’s infrastructure edge as a threat to US leadership.

Meta CEO Mark Zuckerberg. Photo: AP Photo
Meta CEO Mark Zuckerberg. Photo: AP Photo
China’s anti-sanctions law

China’s top court highlights first Anti-Foreign Sanctions Law ruling in Shanghai

Supreme People’s Court says judgment was first to ‘explicitly establish the mandatory application’ of five-year-old law.

Electric & new energy vehicles

China’s EV sales keep sliding as incentives fade and price war seen heating up

A seven-month domestic downturn contrasts with a 147.8 per cent jump in overseas shipments, highlighting a widening gap between domestic and export markets.

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Banking & finance

China reformed its tax rules in 2018. Why is it now pushing stricter enforcement?

Declining fiscal revenue is prompting tax authorities to scrutinize offshore trusts and equity gains.

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Employees work in an electronics factory in Chongqing on September 13. Photo: AFP
Electric & new energy vehicles

Driven off the road: Nio’s German car registrations down 90%

In contrast to its Chinese peers, Nio is struggling in Europe’s largest car market, registering just three cars last month and 18 this year.

Nio cars at a dealership in Stuttgart, Germany. The company is struggling in Europe's largest car market, registering just three cars in July and 18 in total so far this year. Photo: Shutterstock
Nio cars at a dealership in Stuttgart, Germany. The company is struggling in Europe's largest car market, registering just three cars in July and 18 in total so far this year. Photo: Shutterstock
Banking & finance

China’s central bank eyes global yuan in first solo 5-year plan in over a decade

The strategy signals Beijing’s push to build a ‘strong central bank’ capable of driving its financial powerhouse ambitions, analyst says.

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China manufacturing

Scholar rebuts claims state subsidies caused China’s industrial overcapacity

In People’s Daily commentary piece, Cui Fan says ‘reasonable industrial subsidies … are a globally recognised and legitimate policy tool’.

China travel

China’s aviation regulator steps up safety communication with foreign carriers

The Civil Aviation Administration of China, following some operational changes, has increased its aircraft checks as an additional safety measure.

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Planes from AirAsia, a subsidiary airline of Capital A, are seen on the tarmac of Kuala Lumpur International Airport Terminal 2 in Sepang, Malaysia. Photo: Reuters
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