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President Xi Jinping paid a visit to Guizhou province, one of China’s poorest regions. Photo: Xinhua

China Economy

China’s Xi Jinping calls for economic transition on Guizhou visit

On his first inspection tour since the national legislative session, China’s president said the relatively underdeveloped province should build ties with other regions.

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Shanghai’s new plan to lure foreign tourists: mega-events and Peppa Pig

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The custodian of a third of China’s US$3.2 trillion reserves is hiring in Hong Kong

China Economy

80 global executives to gather in Beijing for key annual summit

The attendees include leaders of more than a dozen US corporations, including Apple CEO Tim Cook.

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President Xi Jinping shakes hands with Apple CEO Tim Cook at a gathering in Washington. Cook is reportedly due to travel to Beijing for the China Development Forum later this month. Photo: Reuters
President Xi Jinping shakes hands with Apple CEO Tim Cook at a gathering in Washington. Cook is reportedly due to travel to Beijing for the China Development Forum later this month. Photo: Reuters

Global Economy

Will a Trump-Xi summit make headway on trade? Analysts are doubtful

Even if a meeting between Chinese and US leaders takes place, analysts said numerous factors would reduce the likelihood of a sweeping trade deal.

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China

Trump says Xi will visit US, Taiwan holds combat drills: SCMP daily highlights

From Trump’s remarks on Xi to calls for wider social safety net in China, here’s a round-up from today’s China coverage.

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Banking & Finance

CEO Lei Jun sees progress as Xiaomi raises 2025 EV deliveries target by 16%

Xiaomi is entering the high-end segment of the EV market and also eyeing overseas sales as it ramps up production.

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Xiaomi’s founder and CEO Lei Jun during the launch of the company’s first electric vehicle, the SU7, in Beijing in December 2023. Photo: Reuters
Xiaomi’s founder and CEO Lei Jun during the launch of the company’s first electric vehicle, the SU7, in Beijing in December 2023. Photo: Reuters

Policy

Chinese economist calls for bold action to fill climate leadership vacuum

Former central bank official says China can take up position abdicated by US if it adopts a strategy of mutual benefit in climate policy.

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China Economy

As export growth slows, China looks to integrate exporters into domestic market

Beijing aims to help its vast export sector ride out the trade war by working with firms to expand their domestic sales.

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China EVs

BYD shares surge on unveiling of ‘fast as gas’ charging tech

The new battery and charger platform from the world’s biggest EV maker operates at 1 megawatt, twice the power of Tesla’s fastest offering.

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Visitor view a BYD Sealion 7 EV at the 41st Thailand International Motor Expo, in Bangkok, Thailand, on November 29, 2024. Photo: Reuters

Policy

China reveals economic data on service robots for the first time

Service robots outperformed industrial robots in both growth and output in January and February, according to the statistics bureau.

A senior resident at a nursing home in Shenzhen interacts with Xia Lan, a humanoid robot. Photo: Xinhua
A senior resident at a nursing home in Shenzhen interacts with Xia Lan, a humanoid robot. Photo: Xinhua

Policy

Chinese economists call for wider social safety net to nurture consumption

With trade becoming a less reliable source of growth, Chinese academics have recommended demand-side measures to spur domestic spending.

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Money & Wealth

Trump’s tariffs will slow China’s economy and impede global trade, OECD finds

Chinese economy is seen to grow 4.8 per cent this year, with any decline in demand felt across multiple industries and regions.

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China Economy

Explainer | What is actually in China’s new plan to boost consumer spending?

The Post breaks down Beijing’s new 30-point action plan, which targets a slew of underlying issues holding back consumption.

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Shoppers cross a street in central Beijing. China is striving to boost consumption amid a slowing economy. Photo: AFP

China

China’s plan to boost spending, radical cancer treatment: SCMP daily highlights

From China’s new policy to boost consumer spending to a pioneering cancer treatment, here’s a round-up from today’s China coverage.

Shoppers walk along Nanjing Road in central Shanghai. China is striving to boost consumption amid a slowing economy. Photo: Shutterstock
Shoppers walk along Nanjing Road in central Shanghai. China is striving to boost consumption amid a slowing economy. Photo: Shutterstock

China Economy

China tests huge transport drone capable of airlifting over 1 ton of goods

The TP1000, which completed its maiden flight on Saturday, has a larger payload and longer range than any previous unmanned transport aircraft in China.

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Banking & Finance

Chinese EV battery maker CATL to see strong growth in 2025: analysts

US investment bank Jefferies raises CATL price target after company reports record profit for 2024.

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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.

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Illustration: Henry Wong
Illustration: Henry Wong

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?

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Global Economy

China EV giant BYD hits skids in Brazil as ‘slavery-like’ claims slam workforce

China’s labour practices are driving a wedge between the world’s biggest EV maker and efforts to expand globally in areas where employee protections are paramount.

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Global Economy

Chinese firms face stumbling blocks abroad: competitive mindsets may turn messy

Overseas scandals, setbacks shine light on problematic nature of deeply ingrained business mentality. And the less they notice your Chinese identity, the better, some say.

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Illustration: Lau Ka-kuen
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OPINION
Lizzi C. Lee

Opinion | What was unsaid at China’s ‘two sessions’ and why it matters

Lizzi C. Lee
Nicholas Spiro

The View | Asia’s commercial property market growing in diversity and complexity

Nicholas Spiro
Zhou Xin

My Take | Will AI and robots drive China’s next consumer spending spree?

Zhou Xin
Stephen Roach

Opinion | China knows economic challenges lie ahead. Is it ready for them?

Stephen Roach
Robert Delaney

On Balance | How the allure of US exceptionalism is fading for Canada

Robert Delaney
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Tianqi Xu,Shanshan Li

Opinion | Adhering to reforms can help Beijing pop ‘Peak China’ bubble

Tianqi Xu
Shanshan Li
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MULTIMEDIA
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China vows to retaliate as US steel tariffs take effect

China vows to take ‘all necessary measures' after imposition of latest US tariffs
01:44
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China hits back at US with reciprocal tariffs

China hits back at Trump with reciprocal tariffs, sanctions on US firms
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What would the closure of USAID mean for Asia?

‘We all will die’: What would the end of USAID mean for Asia's most vulnerable?
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BYD ‘slavery-like conditions’ strain China-Brazil relations

Brazil officials say Chinese EV maker BYD subjected workers to ‘slavery-like conditions’
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