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The decline in China’s US Treasury holdings comes amid renewed concerns about whether Beijing will leverage its massive stockpile of American government debt as a bargaining chip in response to the White House’s trade war. Photo: AFP

China Economy

China cuts US Treasury stockpile, dropping to No 3 spot among foreign holders

Britain takes China’s place as America’s second-biggest overseas creditor as Beijing pushes to diversify foreign exchange reserves.

2 hours agovideocam

‘It’s crazy’: inside Europe’s growing obsession with Chinese blind-box toys

17 May 2025 - 4:00PM

Cambodia starts selling durians to China, vying to rival Thailand and Malaysia

17 May 2025 - 11:00AMvideocam

China Economy

Foreign degree? Think again, say Chinese parents as change of heart shifts focus

Middle-class parents in China long viewed overseas diplomas as the best path to success, so what has changed? And why are overseas students in an ‘increasingly awkward position’?

17 May 2025 - 6:00AMvideocam

Illustration: Davies C. Surya

Global Economy

Exclusive | US-China deal no relief for firms as rare earth curbs keep supply chain severed

Documents show Beijing export restrictions – with no explicit removal after trade deal – hampering US-based magnet buyer with slow approvals.

16 May 2025 - 10:33PMvideocam

China

China-US trade war, PL-15 missiles’ first combat test: SCMP daily highlights

From the maiden voyage of a record-setting Chinese vessel to Beijing doubling down on its domestic economy, here’s a round-up from today’s coverage.

16 May 2025 - 9:15PM

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China Economy

China faces headwinds, but it’s not all plain sailing for Korean shipbuilders

America’s plan to impose higher docking fees on vessels made in China will be a blow, but South Korean shipyards face capacity constraints.

16 May 2025 - 8:00PM

The cruise ship Panstar Miracle is christened at the Daesun Shipbuilding and Engineering shipyard in Busan, South Korea, on April 9. Photo: EPA-EFE

China Economy

To survive the trade war, China aims to create a stronger domestic economy

Beijing has gained greater urgency in its push to rebalance the economy and make it less vulnerable to US tariffs, analysts say.

16 May 2025 - 3:16PMvideocam

China Economy

World’s biggest car carrier sets sail from China, highlighting export ambitions

With a maximum capacity of 9,500 vehicles, Anji Ansheng is the world’s largest car carrier, beating a record only set late last month.

16 May 2025 - 2:00PM

China Economy

Why Trump’s drug price promise may fail to protect China’s pharma industry

America is reliant on mainland companies for the raw materials needed to make life-saving drugs, but experts say duties are likely.

16 May 2025 - 10:18AM

China’s pharmaceutical industry is globally competitive, with relatively low manufacturing costs and a complete industrial chain. Photo: Xinhua

China

China’s bid to lure scientists, visa-free entry expanded: SCMP daily highlights

From China’s recruitment drive for researchers to the world’s first supercomputer in orbit, here’s a round-up from today’s coverage.

15 May 2025 - 9:15PM

China is bringing in incentive schemes with big salaries to lure Chinese scientists back from the US. Photo: Shutterstock

Global Economy

President Xi messages Danish businesses ahead of foreign minister’s China visit

First such letter to a foreign business community since 2021 shows how China is trying to expand its circle of friends amid a trade-war truce with the United States.

15 May 2025 - 8:00PMvideocam

China Economy

China to US container bookings soar nearly 300% after trade war truce

The agreement to pause tariffs for 90 days promises early peak shipping – but challenges lie ahead, industry insiders warn.

15 May 2025 - 5:00PM

China Economy

Amid Trump turmoil, is China looking to set up a market stabilisation fund?

Study Times and CSRC chairman acknowledge Central Huijin Investment’s role as ‘quasi stabilisation fund’.

15 May 2025 - 12:00PM

Screens show stock exchange and economic data in Shanghai on April 14. Photo: EPA-EFE

China Economy

China moves to protect small traders from US trade war

Beijing urges major tech platforms to do more to support self-employed vendors, who are facing ‘pressure and challenges’ due to US tariffs.

15 May 2025 - 11:00AMvideocam

A trader takes a nap at a stall selling toys inside the world’s largest wholesale market for small commodities in Yiwu, Zhejiang province. Small traders in China have been hit hard by US tariffs since April. Photo: AFP

Global Economy

China, US sign duelling deals after agreeing to trade war truce

Following their tariff reductions, China and the US have unveiled major investments – Beijing in Brazil and Washington in the Middle East.

15 May 2025 - 1:53PMvideocam

Global Economy

How China plays the ace up its sleeve – rare earth minerals – in dealing with US

Until the US-China trade war abates and Beijing eases more rare earth export controls, American buyers are expected to take a skittish long-term view of Chinese sourcing.

14 May 2025 - 8:00PMvideocam

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Global Economy

China’s dying EV batteries are powering its circular economy in new-energy era

Recycling critical materials such as lithium, cobalt and nickel are driving profits and shoring up China’s resource security as trade war with US hits supply chains.

6 May 2025 - 6:00AMvideocam

Illustration: Lau Ka-kuen

Global Economy

Trump opened Pandora’s box on ‘Liberation Day’. Can it ever be closed again?

Near the end of his first 100 days, Trump’s tariffs have put the global economy in disarray – does it matter if he is having second thoughts?

27 Apr 2025 - 6:00AMvideocam

China Economy

‘Buy a robot for retirement’? China’s androids are set to change everyday life

While they are not yet capable of performing a wide range of everyday tasks, rapid development promises a bright future for humanoid robots, including in elder care.

5 Feb 2025 - 10:25AMvideocam

Global Economy

How China’s humanoid robot innovations fuel cutthroat competition with US

China, fuelled by recent successes from DeepSeek and Unitree, is making a play for pole position in humanoid robots. Can the US hold its ground?

5 Feb 2025 - 10:25AMvideocam

Illustration: Lau Ka-kuen

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US and China reach deal to roll back tariffs

China, US slash most tariffs on each other after first round of trade talks

China unveils policy package to guard against US tariffs

China unveils policy package to guard against US tariffs ahead of trade talks in Switzerland

Can the US really bring manufacturing back from China?

Trump promises to bring US manufacturing back from China, but will his tariffs work?

Beijing dismisses claims of ongoing US trade war talks

‘Fake news’: Chinese officials dismiss claims of US trade war consultations

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TRENDING TOPICS

China manufacturing

China's economic recovery

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