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The Chinese yuan may be used more widely in cross-border payments than conventional data suggests, analysts say. Photo: AFP
Yuan

China’s yuan may be going global faster than Western data suggests, analysts say

Many yuan transactions are now routed through China’s own global payment system, which often does not show up in traditional data sets, analysts say.

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Electric & new energy vehicles

More foreign marques face a do-or-die moment as Chinese buyers shun petrol cars

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China travel

South Korea opens door wider to Chinese travellers – but will they come?

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China GDP

Open Questions | Andrew Tilton on China’s economic trajectory in wake of Iran war

Goldman Sachs’ chief Asia-Pacific economist says worst is over in terms of property slump’s impact on China’s economic growth.

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Illustration: Lau Ka-kuen
Illustration: Lau Ka-kuen
China consumption

China’s luxury spending seen boosting global sales in 2026 despite headwinds

Affluent Chinese consumers are expected to splurge, though a volatile property market and oil price shocks pose challenges, analysts say.

US-China relations

Washington launches export initiative to ensure ‘future of AI’ is led by US

Chinese competitors targeted as US companies invited to form consortiums to offer full-stack AI solutions around the world.

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US-China trade war

‘Liberation Day’ anniversary, war on Iran, Taiwan’s KMT visits Beijing

This week: One year since Trump’s ‘Liberation Day’, China proposes Iran war peace plan in partnership with Pakistan, Hong Kong retains IPO crown. Next week: Taiwan’s Kuomintang leader visits mainland, Chinese airlines raise fuel surcharges, factory-gate prices may end slump, and more.

US President Donald Trump announces worldwide tariffs on April 2, 2025. Photo: Getty Images/TNS
US President Donald Trump announces worldwide tariffs on April 2, 2025. Photo: Getty Images/TNS
China energy security

Chinese airlines shed weight, add flights over Russia to trim fuel costs

Some carriers have even removed non-essential items like in-flight magazines from their planes.

Electric & new energy vehicles

Leapmotor targets global growth with Europe R&D hub, eyes Canada assembly

Chinese EV maker lifts overseas sales target as rising fuel costs and easing tariffs boost demand abroad.

US-China trade war

The US-China trade war 1 year on: who really holds the upper hand?

A fragile truce prevented all-out confrontation, but Beijing and Washington remain locked in a struggle few analysts see easing any time soon.

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Illustration: Victor Sanjinez
US, Israel war on Iran

Trump’s ex-China mineral-alliance plan faces cost surge amid Iran war oil shock

Analysts say Middle East turmoil is elevating commodity input costs, affecting processing efforts and prompting push for ‘friendshoring’ to secure resources.

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US President Donald Trump, seen here at the White House on Wednesday, said attacks on Iran could continue for the next two to three weeks. Photo: AP
US President Donald Trump, seen here at the White House on Wednesday, said attacks on Iran could continue for the next two to three weeks. Photo: AP
China GDP

‘False proposition’: state media hits ‘China shock’ as cover for Western anxiety

The state-run Economic Daily says the real problem with the global economy is not China’s strong exports, but rising protectionism.

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China trade

Qiushi reaffirms China’s trade push, calls old export-led growth ‘unsustainable’

Global tensions, weak high-end exports, and record trade surpluses are spurring a strategic shift to boost imports, develop services trade and deepen market integration.

China energy security

Australia and Japan face jet fuel supply crunch as China cuts exports

Both Australia and Japan are heavily reliant on Chinese jet fuel, but shipments have plunged in recent weeks amid the Iran war.

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Qantas is already raising airfares as Australia faces a jet fuel supply crunch amid the US-Israel war on Iran. Photo: AFP
China inflation

China has ‘room’ for imported inflation, but economic risks rising: PBOC adviser

As US-Israel war with Iran sends prices up, a monetary expert says impact on China depends on conflict’s severity, while higher energy costs are worrying.

Drivers line up to refuel at a petrol station in China’s Jiangsu province last week, amid concerns about rising energy prices due to the ongoing Middle East conflict. Photo: EPA
Drivers line up to refuel at a petrol station in China’s Jiangsu province last week, amid concerns about rising energy prices due to the ongoing Middle East conflict. Photo: EPA
China energy security

3 Chinese ships exit Strait of Hormuz as PetroChina stresses operations stable

PetroChina chairman addresses annual results conference as three Chinese vessels transit Strait of Hormuz and Iran passes law on transit fees.

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China shipbuilding

China sails into AI era with ambitious smart shipping targets

Pilot zones and more than 100 smart vessels are part of Beijing’s strategy to bolster maritime operations and address bottlenecks.

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China trade

Will Iran’s strikes on Gulf smelters strengthen China’s aluminium dominance?

Analysts say disruption at plants could shift more output to China, which already produces more than half of global supply.

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A drone view shows an employee working on the production line of aluminium products at a factory in Huaibei, Anhui province, China, in February 2025. Photo: Reuters
A drone view shows an employee working on the production line of aluminium products at a factory in Huaibei, Anhui province, China, in February 2025. Photo: Reuters
US, Israel war on Iran

How the Hormuz attacks stoke oil-shock fears and memories of 1970s stagflation

A timeline of past oil shocks is seen offering ‘clear lessons’ for today’s Strait of Hormuz crisis, with an eye on ripple effects and contingency tools.

Yuan

Open Questions | Kenneth Rogoff on why China’s yuan will be a reserve currency within 5 years

Harvard economist explains why cryptocurrencies will never take the US dollar’s place, despite their popularity in underground economies.

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Biomedicine: Companies

China biotech deals hit record as innovative drugs draw global interest

Deals reach US$60 billion in first quarter after analysts say Chinese biotech firms have shown substantial technological advancements.

The US$60 billion deal value represents a 73 per cent jump from the same period a year earlier. Photo: Shutterstock
China jobs

AI ‘collusion’ could force wages down, warns ILO economist

Young people’s unemployment woes ‘mostly related to the current economic slowdown, more than to specific AI’, says Ekkehard Ernst.

Humanoid robots at the pilot testing and validation platform at the Beijing Innovation Centre of Humanoid Robotics on March 20. Photo: AFP
Humanoid robots at the pilot testing and validation platform at the Beijing Innovation Centre of Humanoid Robotics on March 20. Photo: AFP
US-China relations

As China’s property downturn grinds on, foreign suppliers strive to adapt

US lift giant Otis is riding a growing trend for retrofitting older buildings in China, as new construction projects remain thin on the ground.

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US-China trade war

China launches investigations into US trade practices. Why now?

Washington’s measures may breach WTO rules and past agreements, commerce ministry says.

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Electric & new energy vehicles

BYD’s four-year profit run ends, eyes global markets as next engine of growth

Earnings at China’s EV leader fall short of expectations amid intense domestic competition.

The Shenzhen-based company reported a net profit of 32.6 billion yuan (US$4.72 billion) for 2025, down 18.97 per cent from a year earlier. Photo: Reuters
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