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Economy /

China Economy

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Belt and Road Initiative
Asia housing and property
US-China trade war
A DJI Phantom 3 drone flies during a demonstration at a farm and winery in the US state of Maryland in 2015. New restrictions on the drone trade could curb the number of Chinese drones entering the United States. Photo: AP
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

Semiconductors

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

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.

China’s Central Asia push
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.

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.

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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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Former US president Bill Clinton (right) and former Chinese premier Zhu Rongji appear at a press conference in April 1999. Photo: AFP
Former US president Bill Clinton (right) and former Chinese premier Zhu Rongji appear at a press conference in April 1999. Photo: AFP
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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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
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’s humanoid robot sector has accelerated rapidly in recent years, with mass production and commercial deployment advancing across industries. Photo: Xinhua
China’s humanoid robot sector has accelerated rapidly in recent years, with mass production and commercial deployment advancing across industries. Photo: Xinhua
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.

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.

China’s Shanghai Maritime Court ruled against a Singaporean company, and in favour of a Hong Kong company, in a case involving US sanctions. Photo: Shutterstock
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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Electric vehicles made by Volkswagen are seen on a production line in China’s Anhui province earlier this year. Photo: Reuters
Electric vehicles made by Volkswagen are seen on a production line in China’s Anhui province earlier this year. Photo: Reuters
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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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.

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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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Beijing’s push for yuan internationalisation is seen as crucial to reducing dependence on US dollar-denominated channels. Photo: Getty Images
Beijing’s push for yuan internationalisation is seen as crucial to reducing dependence on US dollar-denominated channels. Photo: Getty Images
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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China energy security

In Focus | China’s nuclear machine is leaving the West behind. Is the pace sustainable?

While delays and soaring costs bog down projects in the US, China’s state-directed model is moving at record speed – but geographical limits pose huge challenges.

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Illustration: Henry Wong
China trade

Millions in US tariff refunds flow back to Chinese firms, buoying profits

Five listed firms, operating mainly in automotive and healthcare sectors, disclosed payouts, as reversal of duties strains US customs revenue.

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Shipping containers are moved at the Port of Long Beach in May – a month in which the US government disbursed US$21.97 billion in tariff refunds. Photo: TNS
Shipping containers are moved at the Port of Long Beach in May – a month in which the US government disbursed US$21.97 billion in tariff refunds. Photo: TNS
China’s private sector

China’s drug firms set to compete on the world stage, analysts say

Amid systemic efficiency and a wave of innovation, the country’s biotech sector is expanding at a pace that has caught the market off guard.

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Belt and Road Initiative

China completes milestone test of US$10.8 billion canal link to Southeast Asia

Patrol vessel’s full run along Pinglu Canal moves megaproject closer to a planned September launch.

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China energy security

China’s five-year road map for the power sector

Beijing has set a target of generating 50 per cent of electricity using non-fossil fuels by 2030 in its latest push for energy security.

Photo: Xinhua
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