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Graduates celebrate after their graduation ceremony at Renmin University of China in Beijing. Photo: Xinhua

China Economy

China’s universities cut 12,000 ‘obsolete’ degrees amid race to embrace AI era

The sweeping overhaul has affected over 30 per cent of China’s degree programmes, with arts and languages ditched in favour of tech-focused fields.

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Geely Auto to curb excess capacity amid overhaul to boost carmaker’s global edge

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Do China’s export curbs on tungsten threaten Japan’s AI chip supply chain?

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China Economy

China has the most smokers in the world. Is it harming the economy?

Public health experts warn low taxes on cigarettes risk undermining Beijing’s pursuit of a healthier population.

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A smoker in Yichang city, Hubei province on May 31, 2025. China is home to about 350 million smokers, according to the WHO. Photo: CFOTO/Future Publishing via Getty Images
A smoker in Yichang city, Hubei province on May 31, 2025. China is home to about 350 million smokers, according to the WHO. Photo: CFOTO/Future Publishing via Getty Images

Global Economy

US-China talks need to be ‘institutionalised’ to ease tensions in AI era: Haass

Meetings between US and Chinese officials should be routine, rather than ‘news’, as both sides want to avoid confrontation, veteran US diplomat says.

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China Economy

AI has boosted the US economy. Why isn’t it doing the same for China?

AI might be an economic panacea for the US, but it may not be one for China and the recovery of its real estate industry, one analyst says.

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China Economy

‘Not a crackdown’: China regulators eye neutral enforcement in shift from 2021

Increased scrutiny of tech giants and finance firms seen as end to the era of administrative restraint as officials move to curb monopolies and price wars.

Chinese e-commerce apps are seen on a mobile phone. Photo: Shutterstock
Chinese e-commerce apps are seen on a mobile phone. Photo: Shutterstock

China Economy

China-EU tensions, Xi in North Korea, flatlining retail sales

This week: China seeks to avert EU trade war, Xi hails ‘unwavering’ ties with North Korea, and US blacklists Chinese tech giants for alleged military ties. Next week: May retail sales data may show little growth, China tightens minerals controls, Nvidia gaming chip challenger comes to market, and more.

Global Economy

Yuan poll finds 95% of overseas firms expect to sustain or boost use of currency

Increased international adoption of China’s currency highlights progress in Beijing’s strategic push amid the US dollar’s global financial dominance.

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China EVs

EVs capture two-thirds of China’s car market in record-breaking week

Despite subsidy cuts, electric vehicles reached a new sales milestone in mainland China as petrol-powered rivals continued to lose ground.

Visitors inspect a BYD Seagull at this year's Auto China in Beijing. Electric vehicles accounted for a record 66.7 per cent of new car sales in mainland China during the first week of June. Photo: Reuters

China Economy

China’s ports are by far the most efficient in the world: World Bank study

Seven Chinese ports including Hong Kong ranked among the world’s top 10 in the report, which tracks how quickly trade hubs process ships.

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A container ship is moved to its berth at a port in China’s eastern Shandong province. Photo: AFP
A container ship is moved to its berth at a port in China’s eastern Shandong province. Photo: AFP

Economic Indicators

Citic Securities breaks ceiling with first ‘A’ class rating for China brokerage

Award of an A-minus rating seen as a milestone in China’s efforts to build globally competitive investment banks.

China Economy

Panda and pet services: China plans over 160 tourist trains to boost consumption

Beijing eyes themed journeys and new on-board services as part of broader efforts to rebalance the economy.

China Economy

PBOC chief says China a haven for asset diversification in volatile world

Pan Gongsheng tells representatives from about 30 central banks around the world that opening-up measures are working.

People’s Bank of China governor Pan Gongsheng at a news conference on the sidelines of the annual meeting of the National People’s Congress in Beijing in March. Photo: AP

Policy

Open Questions | AIIB chief Zou Jiayi on financing Asia’s green transition

President of the Asian Infrastructure Investment Bank on how it bridges differences to build a more sustainable, climate-resilient world.

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

China Economy

Europe’s bet on Chinese EV joint ventures may be solving yesterday’s problem

Auto veteran Soh Weiming on the EV tech transfer, China’s plateau, and Europe’s chance to catch up.

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China Economy

Why is China’s personal income tax revenue growing faster than earnings?

State Taxation Administration attributes increase to stock market gains, higher incomes in some industries and stricter enforcement.

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Global Economy

Why America’s brute-force effort on rare earths may not work against China

China spent decades carving out a commanding lead in the rare earth realm. Now the US wants its old piece of the supply chain back – is it still within reach?

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Illustration: Henry Wong
Illustration: Henry Wong

Global Economy

Chinese ‘vertical dramas’ are booming in America. Should Hollywood be worried?

Chinese platforms hosting bite-size soap operas about werewolves and mafia dons are drawing big audiences – and shaking up the streaming market.

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China Economy

As megacities slow, China’s smaller counties lead as new consumer hotspots

Survey last year found that nearly 80 per cent of consumers in China’s third- and fourth-tier cities were optimistic about the economy.

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China Economy

China rises up ‘elite quality’ league table as AI investment booms

China ranked 19th in the latest Elite Quality Index, which assesses whether national elites create sustainable value for their countries.

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Visitors watch humanoid robots fight at the Unitree Robotics booth during the World Robot Conference in Beijing. China has invested heavily in artificial intelligence, robotics and other emerging sectors in recent years. Photo: Reuters
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OPINION
Bala Ramasamy,Matthew Yeung

Opinion | How China can curb neijuan before the next generation burns out

Bala Ramasamy
Matthew Yeung
Anthony Rowley

Macroscope | Moment of truth is coming for the AI stock boom

Anthony Rowley
James David Spellman

Opinion | Why tech titans’ IPOs matter as much in China as in the US

James David Spellman
Nicholas Spiro

Macroscope | Investors expecting a US interest rate rise could be in for a surprise

Nicholas Spiro
Shaoshan Liu

Opinion | China-UK cooperation vital in ensuring the AI era puts people first

Shaoshan Liu
Ningrong Liu

Opinion | Hong Kong should adopt the ‘Hefei model’ in the Northern Metropolis

Ningrong Liu
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MULTIMEDIA
Video

How China’s malls are trying to stay relevant

Wire
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Video

World’s top condom maker to raise prices over Iran war

ONE condoms by Karex on display in Petaling Jaya, Malaysia April 21, 2026. REUTERS/Hasnoor Hussain
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The Iran war is going to hurt your skincare routine

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Small hobby businesses hit by rising costs from Iran war

Thai figurine studio founder calls for an urgent lifeline to help small businesses stay afloat
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TRENDING TOPICS
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