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China Economy

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Belt and Road Initiative
Asia housing and property
US-China trade war
A car carrier loaded with vehicles for export sets sail from Yantai Port in east China’s Shandong province on February 10. Photo: Xinhua
China exports

What does Iran war mean for China’s export machine?

Crisis sparks debate: will it cripple global demand or show that China’s supply-side resilience, proven during pandemic, remains in place?

China technology

As OpenClaw sparks security fears, China vows new AI safeguards – what are they?

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China trade

China’s Li pledges economic opening up, touts ‘stability’

China exports

China cuts some hi-tech metals sent to Japan – but magnet exports rise. Why?

Exports of gallium and germanium have slowed, yet rare earth magnet shipments have increased amid strained ties.

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Blocks with symbols and atomic numbers of rare earth elements in this illustration taken on February 6. Photo: Reuters
Blocks with symbols and atomic numbers of rare earth elements in this illustration taken on February 6. Photo: Reuters
China manufacturing

China developing first tourist submersible for trips 1,000 metres under the sea

The Chinese prototype would enter commercial operation offering adventure-seeking holidaymakers spectacular deep-sea experiences by 2030.

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Yuan

Does China need world-leading forex reserves? Globalising yuan revives debate

As Chinese currency ‘becomes more adopted globally’, report says it can replace many functions of a foreign exchange stockpile.

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China trade

China’s AI edge built on power grid, open-source models: Alibaba’s Joe Tsai

Investment in power and open-source models, plus industrial depth, highlights China’s vast potential for AI applications, Joe Tsai says.

Joe Tsai, chairman of Alibaba Group Holding, delivers a speech on March 22 at the China Development Forum in Beijing. Photo: Handout
Joe Tsai, chairman of Alibaba Group Holding, delivers a speech on March 22 at the China Development Forum in Beijing. Photo: Handout
China trade

International capital flowing to China as investors seek certainty amid Iran war

Conflict in the Middle East and growing global turbulence following US-Israeli strikes against Iran has seen foreign investors look to China.

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China trade

Premier Li Qiang calls for global pledge to open up amid ‘power politics’

Li’s opening address to China Development Forum indirectly rebukes US as he states protectionism is no ‘panacea’ for solving problems.

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China manufacturing

AI, flying cars drive economic transition in China’s Kunshan

City at heart of Yangtze River Delta region sees new tech dreams emerge as old ones based on mass production of electronics fade.

illustration by Lau Ka-kuen
US-China trade war

China reports ‘stunning’ critical minerals finds as hi-tech US race heats up

Surveys in Sichuan reveal fresh reserves of rare earth oxides as well as ‘super-large’ deposits of fluorite and baryte.

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Fluorite, also known as fluorspar, is a critical mineral used in the semiconductor and lithium-ion battery industries. Photo: Handout
Fluorite, also known as fluorspar, is a critical mineral used in the semiconductor and lithium-ion battery industries. Photo: Handout
China manufacturing

China’s exports are booming – so why are plants in this factory hub closing?

Dongguan reflects a growing polarisation in the Chinese economy, with many factories and workers left behind as hi-tech firms surge ahead.

China travel

Middle East oil shock sparks global airfare rises, with 9% increases feared

Surging jet fuel prices are pushing airlines – including several Chinese carriers – to raise fares, with a warning of 9 per cent price rises.

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Yuan

China adds 12 banks to digital yuan system, expanding e-CNY’s economic presence

More than doubling the number of institutions using digital yuan in day-to-day operations, China is deepening the currency's role in its financial system.

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A security guard drinks from a bottle near an ad for e-CNY, or digital yuan, in Beijing on August 31, 2022. Photo: AP
China economy

How China plans to use new law to further its financial superpower ambitions

The draft finance law, released by the Ministry of Justice, central bank and three other regulators, will solicit feedback until April 19.

A draft of China’s finance law was released by the People’s Bank of China and four other regulators on Friday. Photo: AFP
A draft of China’s finance law was released by the People’s Bank of China and four other regulators on Friday. Photo: AFP
China exports

US loses, Europe gains: what’s happening with China’s rare earth magnet exports?

Latest data shows a persistent drop in US-bound shipments and rising European imports.

China energy security

China’s Russian oil imports spike in early 2026, but Iran war changes outlook

China’s need to bolster crude stockpiles amid rising geopolitical risks likely to have been a factor behind pre-war import surge, analyst says.

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China energy security

Strait of Hormuz tensions rise as Iran reportedly charges ships for safe passage

Around 20,000 seafarers are still stuck in the Gulf as Tehran reportedly charges at least one tanker about US$2 million to pass through the strait.

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A liquefied petroleum gas tanker is anchored near the Strait of Hormuz, which remains almost entirely closed to shipping traffic amid the US-Israeli war on Iran. Photo: Photo: Reuters
A liquefied petroleum gas tanker is anchored near the Strait of Hormuz, which remains almost entirely closed to shipping traffic amid the US-Israeli war on Iran. Photo: Photo: Reuters
Hainan

How China’s Hainan reinvented itself as Hong Kong’s rival – and partner

The island province has become a low-tax gateway and is ready to tap Hong Kong’s strengths in finance, research and other sectors, officials say.

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China jobs

Survey shows China’s professionals have high expectations – for low pay

As some Chinese workers switch jobs to boost salaries, many remain pessimistic about pay increases amid economic uncertainty.

Banking & finance

China’s central bank pledges stability in capital markets amid global sell-off

With worries over the Iran war driving down stock prices, the People’s Bank of China has named market stability as a ‘major task’ in 2026.

Governor of the People’s Bank of China, Pan Gongsheng, speaks during a press conference on the sideline of the National People’s Congress in Beijing on March 6, 2026. Photo: AP
Shanghai

Shanghai certifies 30 overseas offices amid China’s investment sales pitch

The city welcomed a batch of new regional headquarters and R&D centres this week, as China continues its campaign to win back overseas capital.

A view of the Lujiazui financial district in Shanghai’s Pudong district. Photo: AFP
A view of the Lujiazui financial district in Shanghai’s Pudong district. Photo: AFP
Mainland China

Exclusive | Singapore-headquartered GLP eyes 50% rent surge as China demand fuels growth

Firm will ride Beijing’s push for domestic demand by expanding logistics, data centres and renewable energy capacity, GLP China CEO says.

China jobs

China’s youth unemployment falls for sixth consecutive month in February

But young job-hunters say they are still struggling to find work in a testing post-holiday labour market amid rising global economic uncertainty.

China food security

China taps reserves as Iran war disrupts 30% of global fertiliser trade

War in the Middle East is causing global disruption – from oil to agriculture – as countries, including China, enter spring planting season.

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As China and other northern hemisphere countries enter spring planting season, the Food and Agriculture Organization of the United Nations has said war in the Middle East could have a serious impact on global food prices if it continues beyond three months. Photo: Xinhua
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