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Chinese workers prepare panels that will be part of a large floating solar farm project in the central Anhui province. Photo: Getty Images
China manufacturing

China told the solar industry to cut capacity. Firms built new factories anyway

Beijing has been striving to rein in severe overcapacity in the solar industry. But the sector is still plagued by illegal facilities, an insider says.

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Hong Kong stock market

SpaceX share sale won’t drain Hong Kong IPO boom, JPMorgan says

China-Russia relations

Putin left China, with no pipeline deal. Why is the valve still closed?

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US-China trade war

China’s top trade negotiator urges Apec to grow economic pie, divide it fairly

At ministerial meeting in Suzhou, Li Chenggang urges representatives of 21 economies to ‘reject zero-sum thinking’.

Li Chenggang, China’s international trade representative and a vice-minister of commerce, speaks during the opening ceremony of the Apec ministerial meeting in Suzhou, Jiangsu province, on Friday. Photo: EPA
Li Chenggang, China’s international trade representative and a vice-minister of commerce, speaks during the opening ceremony of the Apec ministerial meeting in Suzhou, Jiangsu province, on Friday. Photo: EPA
China-EU relations

China overtakes US to become top foreign investor in Germany

Deteriorating transatlantic relationship and high energy and labour costs are making American firms think twice before moving into German market.

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Banking & finance

AIIB launches US$10 billion facility to help nations hit by Iran war fallout

The new facility will help nations deal with urgent energy, food and economic resilience needs, according to the bank.

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Belt and Road Initiative

China’s new US$10.7 billion canal near completion to boost Asean trade links

The Pinglu Canal – a US$10 billion waterway connecting China’s heartlands to the Gulf of Tonkin – will begin trial operations as soon as September.

The Pinglu Canal runs through Qinzhou in China’s southern Guangxi region. Photo: Xinhua
The Pinglu Canal runs through Qinzhou in China’s southern Guangxi region. Photo: Xinhua
US-China trade war

From mine to market: how China is closing critical mineral security gaps

New law coordinates control over the full supply chain as Beijing frames minerals as a national security priority.

China energy security

As Chinese supertankers cross Strait of Hormuz, is the crisis starting to ease?

Two Chinese tankers were among group of vessels transiting vital waterway on Wednesday, but was it a one-off or the start of a new trend?

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China trade

Asia-Pacific trade risks loom large as Apec official warns of protectionism

China is urged to evolve as a world buyer, ahead of ministers’ gathering in Suzhou where a raft of far-reaching trade issues will be discussed.

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Chinese-made vehicles wait to be exported at a port in Jiangsu province on April 27. Photo: AFP
China-Middle East relations

China breaks ground on Gulf aviation megaproject in shadow of Iran war

A state-owned firm has launched work on a massive aviation complex, signalling continued confidence amid regional conflict.

China Railway Construction Corporation chairman Dai Hegen (third from right) and Emirates Airline and Group chairman and chief executive Sheikh Ahmed bin Saeed al-Maktoum (fourth from right) attend the groundbreaking ceremony for a major aviation complex in Dubai, United Arab Emirates on Monday. Photo: Xinhua
China Railway Construction Corporation chairman Dai Hegen (third from right) and Emirates Airline and Group chairman and chief executive Sheikh Ahmed bin Saeed al-Maktoum (fourth from right) attend the groundbreaking ceremony for a major aviation complex in Dubai, United Arab Emirates on Monday. Photo: Xinhua
Yuan

China’s yuan hits 3-year high as global banks issue bullish forecasts

Beijing has set the yuan at its strongest level against the US dollar since early 2023, with banks projecting further appreciation.

Electric & new energy vehicles

China’s Chery plans for 1m EVs sold abroad amid global energy crisis

Anhui-based carmaker anticipates 27 per cent increase in foreign deliveries in 2026 as battery ranges improve and oil prices rise.

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US-China trade war

China says US agreed to a maximum tariff rate. Could the trade war be waning?

Beijing says Washington agreed to keep future trade levies at numbers set in trade talks last year.

US President Donald Trump participates in a welcome ceremony with Chinese President Xi Jinping in Beijing on Thursday. Photo: Reuters
China exports

Japanese firms warn of ‘severe’ magnet shortages as China’s exports remain low

China’s exports of rare earth magnets to Japan recovered only modestly last month, with Japanese firms warning of ‘severe’ shortages.

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Workers transport soil containing rare earth elements for export at a port in China’s eastern Jiangsu province. Photo: Reuters
Workers transport soil containing rare earth elements for export at a port in China’s eastern Jiangsu province. Photo: Reuters
China-EU relations

Chinese investment in Europe surges to 7-year high despite rising trade tensions

But study warns that new project pipeline appears to be drying up, as Chinese investors face pressure from both Beijing and Brussels.

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Belt and Road Initiative

China’s BeiDou leads GPS, other rivals across belt and road network: report

Products and services compatible with China’s navigation system have captured 58 per cent market share in countries in the trade initiative.

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China energy security

Putin is pushing for a ‘serious’ new energy deal in China. Will he get it?

The Russian leader arrives in China days after Trump in search of an energy deal, with yuan settlements, pricing potentially on the table.

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Illustration: Lau Ka-kuen
Illustration: Lau Ka-kuen
Yuan

As the world retreats from US Treasuries, will the sell-off deepen?

China is one of several nations trimming their exposure to US debt, as inflation drives Treasury yields to levels not seen since 2007.

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2026 Xi-Trump summit

Calls grow for US-China energy trade expansion – but is it feasible?

Business leaders back deeper bilateral energy trade after the US president floated new agreements in Beijing, but analysts question commercial viability.

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China-EU relations

China’s firms in Europe chose to save on legal services. Will it cost them?

Chinese companies, often reluctant to pay for legal services, are encountering greater compliance issues as they expand into a stricter EU.

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Illustration: Henry Wong
China manufacturing

China’s old ‘Motown’, Shanghai bets on robotaxis, better batteries to bump GDP

City authorities point at the need to lure foreign firms, while emerging sectors are expected to generate a trillion-yuan boost over the next 5 years.

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Pony AI’s robotaxi is seen on a Shanghai road. Photo: Weibo
Pony AI’s robotaxi is seen on a Shanghai road. Photo: Weibo
Yuan

China joins global sell-off of US Treasuries in March as Iran war prompts panic

Seven of the top 10 foreign holders cut their exposure to US government debt, led by Japan, which offloaded US$47.7 billion.

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China-Russia relations

China and Russia hold trade expo as Putin and Trump visits draw global attention

Expo in Harbin highlights expanding economic ties amid rising geopolitical and trade uncertainties.

Aviation

Locked out of Russia, could Japan’s airlines face new risk in Chinese skies?

Pilots say such a move would mark a major escalation of retribution for Japanese PM’s remarks on Taiwan.

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People depart Japan from Tokyo’s Haneda Airport on April 18. Photo: Kyodo
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