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China Economy

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Belt and Road Initiative
Asia housing and property
US-China trade war
With China’s infertility rate estimated at 12 to 15 per cent, assisted reproduction is seen as a potential lever. Photo: AFP
China's population

China’s fertility push: IVF grants grow, but high costs still deter couples

Local governments are subsidising a portion of expensive treatments, but experts warn that cash handouts will not fix the economic pressure of raising a family.

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China's economic recovery

1 station, 116 million trips: Shenzhen breaks travel record as rail usage booms

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Yuan

China’s currency comeback: yuan seen breaking key dollar level in 2026

Electric & new energy vehicles

Xpeng steps up ‘go global’ drive with Malaysian assembly hub for Southeast Asia

The Guangzhou-based company said it would partner with Malaysia’s EP Manufacturing to locally assemble intelligent EVs.

Workers conduct final checks on an Xpeng new energy car at the firm’s plant in Zhaoqing, Guangdong province, on October 9, 2023. Photo: Xinhua
Workers conduct final checks on an Xpeng new energy car at the firm’s plant in Zhaoqing, Guangdong province, on October 9, 2023. Photo: Xinhua
China consumption

China’s growth engines sputter as retail and investment hit in November

Retail sales grew just 1.3 per cent, with growth momentum slowing for six straight months, and January-November investment fell 2.6 per cent as the property slump persisted.

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Electric & new energy vehicles

China’s Geely Auto raises bar on car safety with world’s largest test centre

Carmaker expands testing to 27 categories at Ningbo facility to prioritise safety over discounts in a crowded market.

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US-China trade war

‘Efforts to choke China cannot succeed’: Xi Jinping to top leadership

China’s rise is unstoppable, president tells central economic work conference, hails ‘moral backbone’ in rare allusion to US trade war.

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President Xi Jinping (centre) has called for planning “rooted in reality, aiming for real, unembellished growth that drives high-quality and sustainable development”. Photo: Xinhua
President Xi Jinping (centre) has called for planning “rooted in reality, aiming for real, unembellished growth that drives high-quality and sustainable development”. Photo: Xinhua
China consumption

Reporter’s notebook: home test kit takes headache out of Beijing healthcare

Rapid test for flu and other respiratory ailments makes it easy to avoid long queues, showcases Chinese economy’s consumption potential.

China property

Vanke’s bondholders reject payment extension, raising default risk

The rejection in a three-day vote that ended late on Friday gives the developer a grace period of five business days to pay 2 billion yuan of onshore bond.

Electric & new energy vehicles

High-end car sales sink in China as cheaper brands trump European marques

Many buyers were swayed by a 20,000 yuan (US$2,830 ) trade-in subsidy offered by the government for purchasing electric and plug-in hybrid vehicles.

Porsche’s all-electric Macan Turbo sports car is displayed at the 17th Beijing International Automotive Exhibition (Auto China 2024) on April 23, 2025. Photo: Shutterstock
China exports

China aims to boost imports, exports in 2026 to drive trade: senior official

Beijing also seeks to increase consumption by loosening restrictions, raising incomes and attracting tourist spending, Han Wenxiu says.

A cargo ship docks at a port in east China’s Jiangsu province on December 5. China is facing calls to address its trade imbalance. Photo: Xinhua
A cargo ship docks at a port in east China’s Jiangsu province on December 5. China is facing calls to address its trade imbalance. Photo: Xinhua
China’s private sector

China’s growing young billionaire class masks innovation hurdles, analysts say

Technological innovation – one of Beijing’s top priorities – is helping to drive wealth creation, report says.

Electric & new energy vehicles

China’s EV battery giants wade into shipbuilding to bolster Beijing’s dominance

CATL and Gotion add momentum to China’s efforts to build new-energy vessels amid an accelerated decarbonisation drive.

China consumption

‘A violation’? China’s airlines in the hot seat over hidden extra fees

Seat selection fees are becoming more common in China as airlines grapple with squeezed profit margins, but consumers are pushing back.

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Passengers board an Air China flight at an airport in Beijing. China’s major airlines are facing criticism for charging extra seat selection fees. Photo: Getty Images
China consumption

Forging ahead: China’s copper heartland vows to build US$28 billion empire

Shandong province plans to create a world-class smelting hub by 2027 to secure supply chains for the strategic metal as prices sizzle.

Employees wind copper rods in July at a workshop that recycles copper in China’s Anhui province. Photo: AFP
Employees wind copper rods in July at a workshop that recycles copper in China’s Anhui province. Photo: AFP
US-China trade war

China-free supply chain? US firm has a rare earth strategy – but can it work?

Backed by Washington, REalloys seeks to break dependence on China but says achieving fully self-sufficient supply chain will take time.

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China's economic recovery

Beijing digs in for trade ‘struggles’, eyes strategy of growth and resilience

Analysts see leadership’s language after central economic work conference as an admission that trade tensions are expected to endure.

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China GDP

China to keep high fiscal deficit ratio in 2026 to buoy spending plans: analysts

After central economic work conference, observers said ratio is likely to stay at this year’s record 4 per cent in line with ‘targeted’ spending.

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President Xi Jinping speaks at this year’s central economic work conference in Beijing. Photo: Xinhua
President Xi Jinping speaks at this year’s central economic work conference in Beijing. Photo: Xinhua
China-EU relations

‘Discriminatory’: Chinese firms protest as EU steps up anti-subsidy probes

Chinese business group warns of a ‘targeted and excessive’ campaign as Brussels raids one firm and launches fresh probe against another.

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China trade

China’s food-security push to slash soy imports by two-thirds: Goldman Sachs

Beijing is lowering feed content and making related advancements that analysts say could reduce China’s foreign-soybean dependence dramatically within a decade.

US-China trade war

‘Maximum pressure’: why China is taking Mexico’s tariff move ‘very seriously’

Beijing sees Mexico’s move as driven by a wider US pressure campaign – and could take retaliatory measures, analysts say.

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Mexican President Claudia Sheinbaum proposed tariffs on goods from China and other Asian markets in the name of protecting local industries. Some analysts see the move as a response to US pressure. Photo: TNS
US-China trade war

China may buy Nvidia’s H200 – but homegrown chip strategy here to stay: analysts

Despite Trump easing curbs, domestic chipmakers expected to remain central to Beijing’s tech ambitions.

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The chip industry remains a crucial battleground in the US-China tech rivalry, with the high-end market still dominated by American, Japanese and European companies Photo: Shutterstock Images
The chip industry remains a crucial battleground in the US-China tech rivalry, with the high-end market still dominated by American, Japanese and European companies Photo: Shutterstock Images
China's economic recovery

China sets sights on ‘fully tapping’ domestic market potential after policy meet

Following annual central economic work conference, leaders also pledge to stabilise property sector, fight deflation and curb cutthroat competition to counter risks.

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China-EU relations

Beijing urges Dutch government to push for China visit by Nexperia execs

China’s Ministry of Commerce says trip by Dutch chip firm’s management should be made ‘as soon as possible’ amid heated war of words.

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China GDP

China can sustain 5 to 6% GDP growth through 2035: economist

Tech, talent and the Chinese system give Beijing unique advantages over other late-developing economies, top economist says.

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Economist Justin Lin Yifu has written China will be able to maintain a 5 to 6 per cent gross domestic product growth rate through 2035. Photo: AFP
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