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A surgeon and a patient at a clinic in Gangnam district, Seoul, on April 16. Photo: Korea Times
China travel

Currency advantages, K-beauty fuel Chinese shopping trips, spending in Korea

Chinese tourists in Seoul are turning tourist trips into shopping sprees, as a softer won makes luxury and lifestyle services more affordable.

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Electric & new energy vehicles

China’s BYD surpasses Tesla to regain lead in global EV race

China travel

China’s economic clout boosts ‘passport power’, index finds

China-EU relations

German government pledges to defend trade, signalling tougher China stance

Country’s ruling coalition agrees on 34-point package to revive ailing German economy as Chinese imports surge.

German Chancellor and leader of the Christian Democratic Union Friedrich Merz attends a news conference with other coalition leaders following a meeting in Berlin on Thursday. Photo: Reuters
German Chancellor and leader of the Christian Democratic Union Friedrich Merz attends a news conference with other coalition leaders following a meeting in Berlin on Thursday. Photo: Reuters
US-China relations

China reshapes dollar holdings

China’s direct holdings of US Treasuries fell to an 18-year low in April as the country shifts to buying the bonds via Europe, as well as diversifying the make-up of its reserves.

US-China trade war

Potential US ban on Chinese inverters would harm local power industry: firms

America’s need for inverters is growing amid boom in renewable energy demand driven by AI race – and China is the dominant global supplier.

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US-China relations

China accused of trying to ‘infiltrate’ US-Mexico-Canada trade agreement

The Alliance for American Manufacturing says China is trying to circumvent the USMCA through its automotive investments in Mexico.

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An assembly line at the Chinese automaker JAC Motors plant in Ciudad Sahagun, Mexico. The Alliance for American Manufacturing said that China is trying to "infiltrate" the US-Mexico-Canada trade agreement. Photo: Reuters
An assembly line at the Chinese automaker JAC Motors plant in Ciudad Sahagun, Mexico. The Alliance for American Manufacturing said that China is trying to "infiltrate" the US-Mexico-Canada trade agreement. Photo: Reuters
Banking & finance

China’s World Bank journey hits lending limit: why it is being phased out

Ministry of Finance eyes move towards knowledge sharing as wealth gains and US pressure curb lending for a nation that is now the world’s top bilateral creditor.

China-EU relations

European firms ‘becoming more reliant on China, not less’: EU chamber chief

Jens Eskelund tells conference in Berlin that Beijing can raise costs of confrontation beyond what other side is willing to bear.

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China-EU relations

‘World without bearings’: Lorenzi sees economic conflict and unplottable fixes

Prominent French economist warns that Europe must reach strategic pact with Beijing and enact structural reforms as global order enters volatile era.

People cool off near the Trocadero fountain in front of France’s Eiffel Tower last week during a heatwave. Jean-Herve Lorenzi, president of Le Cercle des economistes, contends that major European powers must reach a strategic agreement with China. Photo: Reuters
China travel

How China’s visa-free boom is reshaping tourism beyond major cities

A growing number of foreign travellers are taking advantage of looser rules to venture inland, fuelling a shift away from traditional hotspots.

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A foreign tourist records with a Chinese-brand pocket camera at the Temple of Heaven Park in Beijing on May 2. Photo: Xinhua
A foreign tourist records with a Chinese-brand pocket camera at the Temple of Heaven Park in Beijing on May 2. Photo: Xinhua
China exports

Beijing asserts control over China’s offshore tech transfers with landmark law

Beijing’s ‘milestone’ mandate seen authorising retaliatory responses to trade barriers while restricting research leaks.

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China shipbuilding

China’s grip on global ship repair worries Japan. Can Tokyo end its dependence?

Tokyo’s new industrial strategy reflects growing concern over economic security amid frayed bilateral ties with Beijing, analysts say.

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China trade

China-Canada trade thaw sours as Beijing levies penalties for dumping pea starch

Beijing imposes cash deposits on imports of the widely used agricultural product ahead of Ottawa’s decision on Chinese-made steel racks.

China’s Ministry of Commerce said Canadian exporters sold pea starch at prices undercutting Chinese producers. Photo: Shutterstock
China-EU relations

China-EU joint statement on trade

China and the European Union issued a rare joint statement confirming the launch of a ministerial-level platform to ease bilateral economic tensions.

Photo: dpa
Photo: dpa
Electric & new energy vehicles

The secret behind China’s EV boom? Local alliances, not industrial policy: study

The new research comes as the Chinese and EU trade chiefs meet in Brussels to discuss trade tensions fuelled, in part, by electric vehicles.

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China trade

China opens new Central Asia rail link to strengthen supply chain resilience

Beijing’s push to develop a transcontinental rail network has reduced exposure to naval chokepoints, analyst says.

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China trade

China adds 20 Japanese entities to its export-control list

Ministry of Commerce cites national security concerns as reason for move.

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A staff member organises the national flags of China, Japan and South Korea before the start of the 28th ASEAN Plus Three (APT) Summit during the 47th Association of Southeast Asian Nations (ASEAN) Summit in Kuala Lumpur on October 27, 2025. (Photo by Vincent Thian / POOL / AFP)
A staff member organises the national flags of China, Japan and South Korea before the start of the 28th ASEAN Plus Three (APT) Summit during the 47th Association of Southeast Asian Nations (ASEAN) Summit in Kuala Lumpur on October 27, 2025. (Photo by Vincent Thian / POOL / AFP)
China GDP

Open Questions | Economist Richard Koo on China and Japan’s shared ‘battle against time’

China has strong tech industries and a large market – but so did Japan before its recession, warns the Nomura Research Institute scholar.

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Banking & finance

How AI boom exposes investors to risk, while a downturn could see a fast crash

Bank for International Settlements says AI funding is funnelled through loosely regulated private credit channels, raising stability fears.

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Electric & new energy vehicles

China’s heavy trucks are going electric, and abroad, paving the road to net-zero freight

Analysts say low ownership costs and battery gains are fuelling an export boom to regions such as Southeast Asia and Africa, positioning Chinese firms as main engines.

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An electric truck charges at a supercharging station in China’s Hubei province. Photo: Getty Images
Yuan

As Beijing raises Shanghai’s offshore yuan profile, where will Hong Kong fit in?

Geopolitical tensions add fuel to long-standing debate about China’s need for multiple offshore yuan centres – a role that suits Shanghai well.

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Illustration: Henry Wong
Illustration: Henry Wong
China manufacturing

China’s AI-powered laser mosquito zapper goes viral after crowdfunding success

Photon Matrix Lab raises US$2.7 million on Indiegogo, but start of mass production delayed until August.

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Venezuelan crisis

In Venezuela, China’s oil-for-loan deals run into huge US-led debt restructuring

Beijing’s influence in Caracas seen fading, with Washington controlling Venezuela’s oil revenues and debt overhaul, potentially triggering a stand-off.

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China airliners

China Eastern buys 25 A330neo widebody jets as interest rises in Airbus’ wings

Multibillion-dollar deal marks first Chinese widebody win for the planemaker since 2025, following high-level visits from Paris and Berlin.

An Airbus A330 aircraft operated by China Eastern Airlines is seen on final approach into London. Photo: Getty Images
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