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Shoppers in Britain carry promotional Shein bags in December. Photo: Reuters

China Economy

‘Unstoppable momentum’ vs ‘big challenges’ in China’s cross-border e-commerce

Former deputy secretary general for China’s State Council warns of a potential negative impact from foreign import tariffs on small packages.

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China finds gold jackpot, US ‘has lost its way’: SCMP daily highlights

Addictive China micro-dramas show how commercial demand fuels netcasting boom

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Global Economy

Stephen Roach says trade war puts US on course for ‘cultural revolution’

The Yale economist lamented the path his country is taking under US President Donald Trump during a panel discussion at the Boao Forum.

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Economist Stephen Roach has said US President Donald Trump’s policies are challenging the country “from within”. Photo: Xiaomei Chen
Economist Stephen Roach has said US President Donald Trump’s policies are challenging the country “from within”. Photo: Xiaomei Chen

Big Tech

Alibaba’s AI crackdown: Taobao says e-commerce images must be ‘realistic’

Taobao’s initiative aligns with China’s broader regulatory efforts to address the misuse of generative AI.

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Policy

Former officials call for parity, reform in China’s pension system

The current pension structure is too lopsided to provide adequate benefits to those in poorer regions, former banking officials say at Boao Forum.

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Business

Hong Kong’s home prices fall towards decade low on interest rate, tariff pain

Secondary home prices have declined by a cumulative 27 per cent since January 2022, according to government data.

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A man walks past a real estate agency in Causeway Bay in January 2025. Photo: Antony Dickson
A man walks past a real estate agency in Causeway Bay in January 2025. Photo: Antony Dickson

China Economy

‘Dominant’: US and Chinese robotics start-ups attract 75% of global funding

America and China are ‘reinforcing their leadership’ in robotics, allowing them to shape the future of automation, new study finds.

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China Economy

As Beijing hails untapped Asian partnerships at Boao, Hong Kong vows to do more

‘Backed by the motherland’, Hong Kong’s chief executive vows more integration into nation’s development strategy after vice-premier stresses importance of regional cooperation mechanisms.

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Banking & Finance

‘China is back’ as Goldman, Morgan Stanley whet global appetite for equities

Morgan Stanley raised its year-end index targets for MSCI China and Hang Seng by more than 7 per cent on improved outlook for earnings and valuations.

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People cross a street in front of a large screen showing stock and economy data in Shanghai on March 11, 2025. Photo: EPA-EFE

China Economy

China’s industrial profits unexpectedly fall in ominous sign for economy

Economists had predicted China’s industrial firms would record robust profit growth in the first two months of the year.

China posted an unexpected decline in industrial profits in the first two months of the year, in a sign that the country’s economic recovery is fragile. Photo: AP
China posted an unexpected decline in industrial profits in the first two months of the year, in a sign that the country’s economic recovery is fragile. Photo: AP

Global Economy

China, Europe ‘share same worry’ about unilateralist forces: ESM director

In China as part of a finance-focused delegation, director of European Stability Mechanism says the two regions are aligned in bid to stabilise international finance.

Global Economy

‘Absolutely wrong’: Jeffrey Sachs rejects US claims of Chinese overcapacity

US economics professor says China’s manufacturing heft essential to global green transition, dismisses Western charges of trade disruption.

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China Economy

What does US hope to gain with Venezuela tariffs? An edge over China, some say

Beijing may have to choose between giving up on its closest ally in the Americas or being hit with additional US tariffs, analysts said.

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Chinese President Xi Jinping welcomes Venezuelan President Nicolas Maduro to the Great Hall of the People in Beijing on September 13, 2023. Photo: Venezuelan Presidency / AFP

China Economy

China mends fences with big tech in consumption, employment push

Beijing is increasingly praising the tech sector as a driver of jobs and economic growth, but platforms may still be closely supervised.

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Beijing is increasingly praising tech platforms for their ability to create jobs, in a sign of the government’s shifting attitude towards the sector. Photo: Simon Song
Beijing is increasingly praising tech platforms for their ability to create jobs, in a sign of the government’s shifting attitude towards the sector. Photo: Simon Song

China Economy

Chinese economist calls US trade war ‘negative-sum’ game at Boao Forum

Economists express worries over future of global trade amid the heightened tariffs and restrictive measures in Donald Trump’s second term.

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China Economy

In bid to woo more foreign investors, Shanghai pledges to loosen rules

China’s financial hub is putting in more effort to attract and retain overseas capital as economic, trade landscape grows more uncertain.

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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
Lori Wallach

Opinion | Trump’s trade policy is misguided but don’t be quick to blame tariffs

Nicholas Spiro

Macroscope | How Trump’s reckless policies could trigger a financial crisis

Nicholas Spiro
Stephen Roach

Opinion | No economy is safe as Trump upends rules-based order

Stephen Roach
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Bonnie Zuo

Opinion | China has what it takes to lead the global green steel revolution

Bonnie Zuo
Winston Mok

Opinion | China’s true talent in AI lies in making it safe to use

Winston Mok
Nicholas Spiro

The View | Why the future looks so promising for luxury property in Asia

Nicholas Spiro
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MULTIMEDIA
Video

China vows to retaliate as US steel tariffs take effect

China vows to take ‘all necessary measures' after imposition of latest US tariffs
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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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TRENDING TOPICS
China trade
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China's economic recovery
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Open Questions | Michael Pettis on China’s consumption paradox and the pitfalls of a trade war

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‘Absolutely wrong’: Jeffrey Sachs rejects US claims of Chinese overcapacity

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