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A China Eastern Airlines plane takes off from Shanghai Hongqiao International Airport. Photo: Xinhua

China Economy

Chinese airline regulator faces dilemma as Iran war sends fuel costs soaring

Pending announcement from regulator, two airlines reveal plans for sixfold increase in surcharges.

2 hours ago

Canada’s finance minister visits China as both countries seek to bolster ties

1 Apr 2026 - 11:35PM

Qiushi reaffirms China’s trade push, calls old export-led growth ‘unsustainable’

1 Apr 2026 - 8:00PM

Business

Top Chinese developers’ losses mount as debt overhaul props up operations

Analysts say subdued demand and cautious buyers persist, with one-off debt restructuring masking deeper losses in the sector.

1 Apr 2026 - 6:02PM

A residential building under construction by China Vanke in Hangzhou, Zhejiang province, in March 2024. Photo: AFP

China Economy

US lawmakers call for major crackdown on China’s alleged sanctioned oil imports

Bipartisan panel argues sanctions have concentrated discounted oil in Beijing's hands – charges the Chinese government denies.

1 Apr 2026 - 5:44PM

China Economy

Australia and Japan face jet fuel supply crunch as China cuts exports

Both Australia and Japan are heavily reliant on Chinese jet fuel, but shipments have plunged in recent weeks amid the Iran war.

1 Apr 2026 - 3:22PMvideocam

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China Economy

China builds record-breaking underwater tunnels to unite eastern, western hubs

China is building new high-speed rail lines that dive underneath major waterways, providing fast services without disrupting shipping traffic.

1 Apr 2026 - 11:09AMvideocam

China is building a high-speed rail tunnel stretching more than 14km (9 miles) under the Yangtze River between Shanghai and Taicang, Jiangsu province. Photo: People’s Daily

China Economy

China has ‘room’ for imported inflation, but economic risks rising: PBOC adviser

As US-Israel war with Iran sends prices up, a monetary expert says impact on China depends on conflict’s severity, while higher energy costs are worrying.

31 Mar 2026 - 9:00PM

China Economy

3 Chinese ships exit Strait of Hormuz as PetroChina stresses operations stable

PetroChina chairman addresses annual results conference as three Chinese vessels transit Strait of Hormuz and Iran passes law on transit fees.

31 Mar 2026 - 7:00PM

Big Tech

Shenzhen activates China’s first 10,000-card AI cluster with Huawei’s chips

Hub launches new cluster built with Huawei advanced chips, delivering 11,000 petaflops of computing power in push for home-grown tech.

1 Apr 2026 - 12:25PMvideocam

Shenzhen has activated a new cluster, built with Huawei advanced chips, that delivers a computing capacity of 11,000 petaflops. Photo: Getty Images

China Economy

Explaining China’s trade probe announcements

SCMP Plus annotates announcements by China’s Ministry of Commerce of two trade barrier investigations in response to the United States’ Section 301 probes intended to justify reimposing higher tariffs on trading partners.

31 Mar 2026 - 5:57PM

Explaining China’s trade probe announcements

China Economy

China sails into AI era with ambitious smart shipping targets

Pilot zones and more than 100 smart vessels are part of Beijing’s strategy to bolster maritime operations and address bottlenecks.

31 Mar 2026 - 5:09PM

China Business

South Korea turns to Russia for naphtha as Asia’s chip industry feels squeeze

South Korea’s return to Russian naphtha – vital for semiconductor manufacturing – highlights Asia’s fragile supply chain amid Iran conflict.

31 Mar 2026 - 5:02PM

China Economy

Amid soaring airfares, Chinese bookings up 20% ahead of Ching Ming holiday

Global instability fails to deter Chinese holidaymakers with airlines selling 2.04 million tickets in the lead-up to Ching Ming Festival.

31 Mar 2026 - 10:55AMvideocam

A China Eastern Airlines flight takes off from an airport in Shanghai. Demand for flights over the upcoming Ching Ming Festival holiday remains robust in China despite soaring airfares. Photo: Xinhua

Global Economy

Will Iran’s strikes on Gulf smelters strengthen China’s aluminium dominance?

Analysts say disruption at plants could shift more output to China, which already produces more than half of global supply.

31 Mar 2026 - 12:08AMvideocam

A drone view shows an employee working on the production line of aluminium products at a factory in Huaibei, Anhui province, China, in February 2025. Photo: Reuters

Global Economy

How the Hormuz attacks stoke oil-shock fears and memories of 1970s stagflation

A timeline of past oil shocks is seen offering ‘clear lessons’ for today’s Strait of Hormuz crisis, with an eye on ripple effects and contingency tools.

31 Mar 2026 - 12:02AM

China Economy

How China’s massive pig farms created a serious pork supply glut

Vast hog farms – some rising 26 storeys high – have caused China’s pig herd to swell, but consumers dislike the industrially produced meat.

30 Mar 2026 - 7:30PMvideocam

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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?

6 Aug 2025 - 10:14AMvideocam

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.

17 Aug 2025 - 7:51AM

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.

15 Aug 2025 - 8:41AMvideocam

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.

15 Aug 2025 - 9:00PMvideocam

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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Iran war sparks fuel crises in parts of Asia

Clients queue at a gas station amid rising petrol prices in Karachi on March 7, 2026. (Photo by Rizwan TABASSUM / AFP)

German leader greeted by robot dance troupe in China

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Chinese tourists have a new favourite country this Lunar New Year

South Korea now tops the list of Lunar New Year destinations for Chinese travellers amid heightened tensions between China and the former top destination, Japan.

With Maduro out, are Chinese investments in Venezuela at risk?

US move calls into question China’s future financial commitments in Latin American country, potentially hurting Beijing’s regional strategy.

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TRENDING TOPICS

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China still on track to supplant US as world’s No 1 economy in 10 years: academic

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