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China Economy

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Belt and Road Initiative
Asia housing and property
US-China trade war
Yu Yue has been appointed as made the first female captain pilot of the C919. Photo: China Southern Airlines
China’s C919 passenger plane

Soaring to the top: China appoints first female captain for C919 flights

Promotion of former Boeing 737 pilot Yu Yue, who holds a ‘zero error’ record, called an inspiration to women across the nation.

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China consumption

Wild goose chase? France works to rouse China’s appetite for foie gras imports

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Banking & finance

China launches venture capital fund to lead the charge on tech investment

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China manufacturing

China bolsters e-cigarette regulations to smoke out non-compliance

The draft policy would cut down on excess capacity within e-cigarette sector and tighten enforcement of standards in production and export.

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China, producer of most of the world’s e-cigarettes, has introduced new regulatory guidelines for the industry. Photo: Getty Images
China, producer of most of the world’s e-cigarettes, has introduced new regulatory guidelines for the industry. Photo: Getty Images
China’s C919 passenger plane

China’s Comac to team up with China Eastern for bigger C919 variant, sources say

Comac’s stretched model, expected to be dubbed the C919-800, could target lucrative Asian routes and seat more than 200 passengers.

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China's economic recovery

China broadens foreign investment list in renewed pitch for overseas capital

The catalogue, which lists the sectors carrying policy incentives for overseas investors, has hundreds of new entries, many in advanced manufacturing.

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Consumers

From Shein to Labubu, French shoppers are buying Chinese for Christmas

This year’s wave of popularity for Chinese brands has not waned in France’s capital, with Shein’s store packed and Labubu dolls dotting trees.

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Shoppers queue for the opening of the first physical space for Chinese online fast-fashion retailer Shein in Paris. Photo: Reuters
Shoppers queue for the opening of the first physical space for Chinese online fast-fashion retailer Shein in Paris. Photo: Reuters
Electric & new energy vehicles

Chinese SUV maker Jetour pushes localised offerings to hasten go-global drive

Jetour is already present in more than 100 countries and regions after seven years in operation.

Yuan

China’s offshore yuan breaks major benchmark as appreciation momentum builds

For the first time since 2024, the currency strengthened past the threshold of seven per US dollar – and did it again the next day.

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China consumption

Hard work, long hours fuelled China’s rise. Now, it weighs longer breaks

China, one of the world’s hardest-working countries, is adopting incentives to increase time off – and potentially boost consumer spending.

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Workers at the construction site for the main tower of Harbin Ice and Snow World in Harbin, China. Photo: Xinhua
Yuan

China expands digital-yuan push to Singapore and Asean trade routes

PBOC pledges to integrate e-CNY into the New International Land-Sea Trade Corridor, boost adoption in Southeast Asia via China’s CIPS payment network.

A customer makes a payment using China’s digital currency, or e-CNY, at a store in Beijing. Photo: Getty Images
A customer makes a payment using China’s digital currency, or e-CNY, at a store in Beijing. Photo: Getty Images
JD.com

Burglary of JD.com warehouse in France prompts investigation, speculation

The theft, with over 50,000 items stolen by some estimates, casts a shadow over the Chinese e-commerce giant’s first Christmas in France.

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China manufacturing

China’s Xi urges state giants to be pillars of national development

The president instructs central SOEs to drive industrial upgrading while securing critical technologies and supply chains in the face of geopolitical risks.

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Retailing

‘C-beauty’ cosmetics brands find retail expansion outside China a slow slog

‘For established domestic cosmetics companies attempting to expand abroad, progress is still in its early stages,’ CLSA’s Chris Gao says.

Mao Geping store inside the Harbour City shopping complex. Photo: Li Cao
US-China trade war

‘Bad policy’: China’s drone makers to shrug off US ban, analysts say

The addition of foreign drone makers, including those from China, to a US trade blacklist is unlikely to heat up relations, observers said.

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Dai Shuying operates a plant protection drone under the guidance of her grandson Wang Tiantian in east China’s Anhui province. Photo: Xinhua
Dai Shuying operates a plant protection drone under the guidance of her grandson Wang Tiantian in east China’s Anhui province. Photo: Xinhua
China consumption

China vows city-specific fixes to clear housing glut, stabilise property sector

Housing minister pledges to empower local governments to buy unsold inventory and shift towards selling only finished homes with a ‘what you see is what you get’ model.

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China trade

As Germany’s trade deficit with China nears new high, analysts warn of backlash

The widening gap, fuelled by a localisation push in China and fierce EV competition, is fuelling fears of political upheaval and rising protectionist sentiment in Berlin.

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Yuan

What China’s global yuan push looks like – and what could hold it back

Currency sees wider use in trade, but high domestic savings and partial capital controls still act as constraints, analysis shows.

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The yuan has seen a notable rise as a settlement currency in China’s international trade flows. Photo: Shutterstock
The yuan has seen a notable rise as a settlement currency in China’s international trade flows. Photo: Shutterstock
Banking & finance

Billionaire detained in shadow banking scandal in China

Police in Zhejiang have imposed ‘criminal compulsory measures’ against Yu Faxiang and are conducting a probe into his alleged wrongdoings.

China-Russia relations

Russian LNG shipments to China surge 143% in November, overtaking Australia

Russian LNG accounted for 23.5 per cent of China’s total shipments, cementing Russia as its top energy partner after President Xi pledged deeper ties.

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China property

China Vanke wins bondholders’ reprieve, averts default for now

Holders of the 2 billion yuan note approve extension of grace period to January 28, but deny proposal to defer principal payment for a year.

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Vanke is the last major Chinese real estate firm to so far have avoided reneging on its debts amid the multi-year real estate crisis. Photo: AFP
China trade

China’s record trade surplus could prompt protectionist response in 2026: report

American researchers say restrictions on Chinese imports could help create complications for Beijing’s economic growth target next year.

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Vehicles awaiting export at Nanjing Port in China’s eastern Jiangsu province. Photo: AFP
Vehicles awaiting export at Nanjing Port in China’s eastern Jiangsu province. Photo: AFP
Banking & finance

China to hide bad debt records for pandemic-hit borrowers who repay small loans

New policy by the People’s Bank of China applies to one-off debts up to 10,000 yuan incurred since 2020, aiming to help people rebuild credit.

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China-EU relations

China slaps tariffs on EU cheese and cream amid trade row

Alleging that European subsidies are hurting Chinese producers, Beijing has imposed fees that look to hit French exporters the hardest.

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Banking & finance

Gold takes centre stage as Hong Kong builds commodities ecosystem

Hong Kong plans to build an international gold trading centre as part of a wider commodities hub push.

Gold bricks displayed at Hong Kong Gold Exchange Chinese New Year Opening Ceremony in Sheung Wan. Photo: Edmond So
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