https://www-scmp-com.libproxy1.nus.edu.sg/rss/506787/feed Ji Siqi joined the Post in 2020 and covers China economy. She graduated from Columbia Journalism School and the University of Hong Kong. en https://assets-v2.i-scmp.com/production/static/img/icons/scmp-meta-1200x630.png https://www-scmp-com.libproxy1.nus.edu.sg Ji Siqi,Sylvia Ma,Frank Chen Ji Siqi,Sylvia Ma,Frank Chen China’s central bank has announced a fresh package of measures to boost the real economy, cutting an interest rate for policy banks and introducing the country’s first interest subsidy for commercial mortgages. The People’s Bank of China cut the interest rate on its pledged supplemental lending (PSL) facility by 0.25 percentage points, lowering the one-year PSL rate from 1.75 per cent to 1.5 per cent. The move aims to better incentivise policy banks to support the real economy and align with... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3369207/china-cuts-interest-rate-policy-banks-boost-real-economy?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3369207/china-cuts-interest-rate-policy-banks-boost-real-economy?utm_source=rss_feed Tue, 29 Sep 2026 10:11:00 +0000 Dewey Sim,Ji Siqi,Holly Chik Dewey Sim,Ji Siqi,Holly Chik Presidents Xi Jinping and Donald Trump addressed top American business executives and officials in the White House’s East Room on Thursday evening, ahead of a state dinner. The dinner capped a tightly scheduled day for the two leaders, who delivered speeches in the morning hailing close ties and urging deeper cooperation. During the day, Xi and Trump held their second face-to-face meeting this year – which Trump called a “great meeting” – touching on issues including Taiwan, the Middle East... https://www-scmp-com.libproxy1.nus.edu.sg/news/china/diplomacy/article/3368731/how-was-dinner-takeaways-xi-and-trumps-evening-white-house?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/news/china/diplomacy/article/3368731/how-was-dinner-takeaways-xi-and-trumps-evening-white-house?utm_source=rss_feed Fri, 25 Sep 2026 01:13:56 +0000 Dewey Sim,Ji Siqi,Vincent Chow Dewey Sim,Ji Siqi,Vincent Chow Chinese President Xi Jinping and his American counterpart Donald Trump delivered remarks at the White House on Thursday morning at the start of the second day of Xi’s closely watched state visit. Both leaders spoke warmly of their countries’ ties and pledged deeper cooperation in comments that sought to project an image of stability between the two sides. Trump said he and Xi would work together to build a “better future for both our countries” while Xi called for the two powers to “coexist in... https://www-scmp-com.libproxy1.nus.edu.sg/news/china/diplomacy/article/3368716/b-2-spirit-ai-cooperation-no-us-china-conflict-key-xi-trump-takeaways-so-far?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/news/china/diplomacy/article/3368716/b-2-spirit-ai-cooperation-no-us-china-conflict-key-xi-trump-takeaways-so-far?utm_source=rss_feed Thu, 24 Sep 2026 16:44:16 +0000 Ji Siqi,Teresa Elena Frontado,Carol Yang,Alyssa Chen Ji Siqi,Teresa Elena Frontado,Carol Yang,Alyssa Chen With China and the US agreeing to extend a tariff truce that was set to expire in November – and US President Donald Trump giving his Chinese counterpart, Xi Jinping, a personal welcome on the tarmac – analysts say the Chinese leader’s state visit has begun on a positive note. The extension will run for two months through January 10, a sign the world’s two largest economies are willing to negotiate broader agreements and build positive momentum despite an increasingly heightened rivalry spanning... https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3368583/deep-respect-analysts-weigh-trumps-red-carpet-welcome-xi?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3368583/deep-respect-analysts-weigh-trumps-red-carpet-welcome-xi?utm_source=rss_feed Thu, 24 Sep 2026 02:30:20 +0000 Nayan Seth,Ji Siqi Nayan Seth,Ji Siqi Differences between Washington and Beijing over potential investment announcements have created roadblocks for a Chinese business delegation expected to accompany President Xi Jinping on his state visit to the US, according to sources. The window for travel is narrowing by the hour for these Chinese business leaders. Xi left China on Wednesday afternoon Beijing time for his first state visit to the US in more than a decade. He is accompanied by first lady Peng Liyuan, chief of staff Cai Qi, and... https://www-scmp-com.libproxy1.nus.edu.sg/news/china/diplomacy/article/3368444/fissures-over-us-investments-stall-plans-chinese-business-leaders-join-xi-visit?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/news/china/diplomacy/article/3368444/fissures-over-us-investments-stall-plans-chinese-business-leaders-join-xi-visit?utm_source=rss_feed Wed, 23 Sep 2026 01:40:13 +0000 Ji Siqi,Emma Ma Ji Siqi,Emma Ma As even China’s wealthiest provinces continue to run deficits and rely on the central government to make ends meet, Beijing is loosening the reins on the country’s highly centralised fiscal system, with legislation for a new tax category – the local surtax – under way. Late last month, the Ministry of Finance unveiled a draft local surtax law for public consultation. The proposed tax would merge three existing levies – the urban maintenance and construction tax, education surcharge and local... https://www-scmp-com.libproxy1.nus.edu.sg/economy/policy/article/3367608/will-chinas-new-local-surtax-provide-relief-its-regions-fiscal-headaches?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/policy/article/3367608/will-chinas-new-local-surtax-provide-relief-its-regions-fiscal-headaches?utm_source=rss_feed Tue, 15 Sep 2026 22:00:08 +0000 Ji Siqi Ji Siqi Chinese financial authorities have pledged further steps to expand the yuan’s global use amid a broader de-dollarisation trend, while vowing to make listing on mainland stock exchanges the “primary” choice for top-tier domestic companies. “The internationalisation of the yuan is a continuous and steady process, and an irreversible trend,” said Lu Lei, deputy governor of the People’s Bank of China (PBOC), at a press conference on Thursday. To meet growing demand from market participants seeking... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3367083/china-says-yuans-global-rise-irreversible-and-has-strategy-back-it?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3367083/china-says-yuans-global-rise-irreversible-and-has-strategy-back-it?utm_source=rss_feed Thu, 10 Sep 2026 12:11:02 +0000 Ji Siqi Ji Siqi China will impose provisional anti-dumping duties of up to 99.2 per cent on Japanese dichlorosilane, a critical chemical used in chipmaking, after an eight-month investigation found that dumped imports had harmed local manufacturers. The Ministry of Commerce announced the preliminary ruling on Monday, saying importers of dichlorosilane originating from Japan would be required to pay corresponding cash deposits from Tuesday. Shipments from Denal Silane, a manufacturer of semiconductor speciality... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3366661/china-hits-critical-japanese-chipmaking-chemical-steep-anti-dumping-measures?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3366661/china-hits-critical-japanese-chipmaking-chemical-steep-anti-dumping-measures?utm_source=rss_feed Mon, 07 Sep 2026 11:27:28 +0000 Ji Siqi,Emma Ma,Mandy Zuo Ji Siqi,Emma Ma,Mandy Zuo When the US government announced the addition of 43 Chinese companies to an import blacklist in late July over allegations of forced labour in the country’s western Xinjiang Uygur autonomous region – including several household food and apparel brands – the local reaction to the news was surprisingly calm. “It felt like a sudden batch of companies was added out of nowhere … but it shouldn’t have much of an impact on the sector,” said the owner of a cotton-ginning mill in southern Xinjiang, who... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3364688/despite-us-sanctions-xinjiang-cotton-chinas-textile-industry-weathers-storm?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3364688/despite-us-sanctions-xinjiang-cotton-chinas-textile-industry-weathers-storm?utm_source=rss_feed Thu, 20 Aug 2026 22:00:10 +0000 Zhu Wenqian,Ji Siqi Zhu Wenqian,Ji Siqi A court in Shenzhen has sentenced China Evergrande Group founder and former chairman Hui Ka-yan to life imprisonment for “multiple combined crimes”, confiscating all of Hui’s personal property. Meanwhile, Evergrande was fined 8.82 billion yuan (US$1.31 billion), while its onshore operating unit Hengda Real Estate was fined 7 billion yuan – some of the biggest corporate fines ever levied by a Chinese court in a criminal case. The 67-year-old Hui, also known as Xu Jiayin, was also deprived of... https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3364641/china-evergrande-founder-hui-ka-yan-sentenced-life-imprisonment?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/business/china-business/article/3364641/china-evergrande-founder-hui-ka-yan-sentenced-life-imprisonment?utm_source=rss_feed Thu, 20 Aug 2026 04:27:39 +0000 Ji Siqi,Ann Cao,Ben Jiang Ji Siqi,Ann Cao,Ben Jiang Beijing has launched a cybersecurity review into products sold in China by US technology firm Palo Alto Networks, the Cyberspace Administration of China announced on Thursday. The administration said the probe was being conducted to “ensure the secure and stable operation of critical information infrastructure, prevent cybersecurity risks and vulnerabilities, and safeguard national security”. Palo Alto Networks is a leading US cybersecurity and cloud computing provider, whose solutions are used... https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3363177/china-launches-probe-us-cybersecurity-firm-palo-alto-networks?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3363177/china-launches-probe-us-cybersecurity-firm-palo-alto-networks?utm_source=rss_feed Thu, 06 Aug 2026 09:21:20 +0000 Sylvia Ma,Ji Siqi,Xiaofei Xu Sylvia Ma,Ji Siqi,Xiaofei Xu China has hit back against a round of US sanctions with a barrage of counter-sanctions targeting a group of American entities and a tightening of export restrictions on the drone supply chain, the Ministry of Commerce announced on Wednesday. The export controls will subject any shipments of “drones, their key components and related technologies” to the US to “strict case-by-case scrutiny”, with the measures set to take effect immediately, the ministry said in a statement, citing the need to... https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3363037/china-sanctions-slew-us-entities-heightens-scrutiny-drone-exports?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3363037/china-sanctions-slew-us-entities-heightens-scrutiny-drone-exports?utm_source=rss_feed Wed, 05 Aug 2026 08:14:07 +0000 Sylvia Ma,Ji Siqi,Xinyi Wu Sylvia Ma,Ji Siqi,Xinyi Wu Beijing has pledged to step up macro policy support and enhance the resilience of capital markets for the remainder of the year, sending signals to stablise growth amid a recent slowdown in economic activity and rising volatility in global markets. After a meeting of the Communist Party’s 21-member Politburo – a major decision-making body led by President Xi Jinping – that ended on Thursday, the party’s upper echelon vowed to accelerate the pace of fiscal spending and speed up the transition... https://www-scmp-com.libproxy1.nus.edu.sg/economy/policy/article/3362364/chinas-politburo-pledges-policy-support-spending-counteract-sluggish-growth?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/policy/article/3362364/chinas-politburo-pledges-policy-support-spending-counteract-sluggish-growth?utm_source=rss_feed Thu, 30 Jul 2026 06:44:47 +0000 Xiaofei Xu,Ji Siqi Xiaofei Xu,Ji Siqi China has added 14 entities from the European Union to its export control list, including German defence giant Rheinmetall, the Ministry of Commerce announced on Friday. Effective immediately, the order means that the export of dual-use items – products with civilian and military applications, including some rare earth elements – from China to the named entities is prohibited, as is the shipment of dual-use items of Chinese origin to the listed companies and institutions. The move came after... https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3361732/china-adds-eu-entities-export-control-list?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3361732/china-adds-eu-entities-export-control-list?utm_source=rss_feed Fri, 24 Jul 2026 08:14:39 +0000 Huizhao Huang,Ji Siqi Huizhao Huang,Ji Siqi With summer temperatures topping 40 degrees Celsius across several European countries, westbound trade from China is heating up just as fast – despite growing concerns among EU politicians over widening trade imbalances. Prompted by soaring shipments, congestion along the China-Europe Railway Express has worsened during the past few months, according to industry insiders. “The congestion used to be at China’s departure ports. Now it has shifted to Europe’s ports of entry,” said Andrew Jiang,... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3360635/amid-soaring-china-exports-europes-ports-are-feeling-heat?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3360635/amid-soaring-china-exports-europes-ports-are-feeling-heat?utm_source=rss_feed Wed, 15 Jul 2026 08:00:06 +0000 Ji Siqi Ji Siqi The United States represents the primary obstacle to continuing oil-for-loan arrangements between China and Venezuela, analysts say, creating a significant wild card in what ranks among the largest debt restructurings in history. Following Washington’s abduction in January of Venezuela’s then president, Nicolas Maduro, Caracas is set to reveal a US$240 billion debt pile, according to a Financial Times report on Wednesday. The disclosure, expected in the coming weeks, rivals the €200 billion... https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3358502/venezuela-chinas-oil-loan-deals-run-debt-restructuring-us-gatekeeper-risk?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3358502/venezuela-chinas-oil-loan-deals-run-debt-restructuring-us-gatekeeper-risk?utm_source=rss_feed Fri, 26 Jun 2026 13:00:05 +0000 Ji Siqi,Xinyi Wu Ji Siqi,Xinyi Wu Chinese Premier Li Qiang said on Wednesday the western narrative of “China Shock 2.0” is not grounded in facts and instead should be phrased as “China Opportunity 2.0”, as he stressed the country is serving as a catalyst for global economic growth. “What China’s technologies and products in emerging fields bring to the world is not a shock, but an opportunity; not a threat, but empowerment,” Li said at the opening plenary of the World Economic Forum’s Annual Meeting of the New Champions, also... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3358126/china-safe-haven-global-economy-says-premier-li-qiang-summer-davos?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3358126/china-safe-haven-global-economy-says-premier-li-qiang-summer-davos?utm_source=rss_feed Wed, 24 Jun 2026 02:32:36 +0000 June Xia,Ji Siqi June Xia,Ji Siqi During an inspection of shipbuilding and nuclear power firms in Dalian, a heavy industrial hub in China’s northeast, Premier Li Qiang pushed state-owned firms to achieve breakthroughs in high-end equipment manufacturing and to bolster the nation’s core industrial competitiveness. “Dalian’s shipbuilding industry boasts a long history and a solid foundation in developing high-end equipment manufacturing,” Li was quoted as saying by Xinhua during his visit to a state-owned shipbuilder in the... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3358039/li-qiangs-tech-blueprint-turn-chinas-old-industrial-hubs-high-value-powerhouses?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3358039/li-qiangs-tech-blueprint-turn-chinas-old-industrial-hubs-high-value-powerhouses?utm_source=rss_feed Tue, 23 Jun 2026 08:00:11 +0000 Ji Siqi Ji Siqi China’s proactive role in stabilising global energy and fertiliser markets amid the Strait of Hormuz crisis shows the country is a defender of global supply chains, rather than a disruptive force as “hyped” by the West, Vice-Premier Ding Xuexiang said on Monday. “The fact that Chinese manufacturing never falters or fails at critical moments fully proves that China is a participant, a builder and a defender of the global supply chain,” Ding said during the opening ceremony of the fourth China... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3357890/china-defends-role-global-supply-chains-amid-strait-hormuz-crisis?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3357890/china-defends-role-global-supply-chains-amid-strait-hormuz-crisis?utm_source=rss_feed Mon, 22 Jun 2026 06:20:06 +0000 Ji Siqi,Alice Li Ji Siqi,Alice Li Chinese authorities have summoned representatives of US-based membership-only retailer Sam’s Club for an “accountability interview” in response to “frequent food-safety issues”, the State Administration for Market Regulation (SAMR) announced on Monday. According to a notice from the regulator, the Walmart-owned supermarket chain was urged to “prioritise food safety, strictly fulfil social corporate responsibilities, mitigate risks across the entire supply chain and safeguard public health” in... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3357098/beijing-summons-sams-club-representatives-over-food-safety-issues?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3357098/beijing-summons-sams-club-representatives-over-food-safety-issues?utm_source=rss_feed Mon, 15 Jun 2026 03:14:36 +0000 Ji Siqi Ji Siqi Zou Jiayi is president and chairwoman of the board of directors of the Asian Infrastructure Investment Bank (AIIB), a multilateral development lender headquartered in Beijing and inaugurated in 2016. Before leading AIIB, Zou was deputy secretary general of the national committee of the Chinese People’s Political Consultative Conference, China’s top political advisory body. She previously held senior roles at the Ministry of Finance, including as vice-minister, and as part of her three decades of... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3356916/aiib-head-zou-jiayi-why-multilateralism-infrastructure-global-trust?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3356916/aiib-head-zou-jiayi-why-multilateralism-infrastructure-global-trust?utm_source=rss_feed Sun, 14 Jun 2026 22:00:12 +0000 Ji Siqi Ji Siqi Unlike the US, artificial intelligence (AI) may not be a panacea for China’s economy amid its deep property crisis, as the technology can further widen the country’s economic bifurcation, an economist said. “AI isn’t boosting China’s economy as much [as it is in the US], and we also have to worry about some of the negative side effects,” said Lu Ting, chief China economist at Nomura, at a media briefing in Beijing on Thursday. Currently, AI drives about half of the US economy, Lu said, and its... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3356919/chinas-economy-lumbers-amid-property-crisis-why-hasnt-ai-helped-pick-slack?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3356919/chinas-economy-lumbers-amid-property-crisis-why-hasnt-ai-helped-pick-slack?utm_source=rss_feed Fri, 12 Jun 2026 12:00:08 +0000 Ji Siqi Ji Siqi Zou Jiayi is president and chairwoman of the board of directors of the Asian Infrastructure Investment Bank (AIIB), a multilateral development lender headquartered in Beijing and inaugurated in 2016. Before leading AIIB, Zou was deputy secretary general of the national committee of the Chinese People’s Political Consultative Conference, China’s top political advisory body. She previously held senior roles at the Ministry of Finance, including as vice-minister, and as part of her three decades of... https://www-scmp-com.libproxy1.nus.edu.sg/plus/economy/policy/article/3356731/asia-development-bank-chief-financing-green-transition?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/plus/economy/policy/article/3356731/asia-development-bank-chief-financing-green-transition?utm_source=rss_feed Thu, 11 Jun 2026 07:32:32 +0000 Ji Siqi Ji Siqi In early April, hours after US President Donald Trump threatened to bomb Iran “back to the Stone Ages” in a prime-time address, China’s yuan-denominated cross-border payment system set a record for transaction volume in a single day. The Cross-Border Interbank Payment System (CIPS) skyrocketed to 1.22 trillion yuan (US$180.3 billion) on April 2, almost doubling the daily average volume in February. The spike occurred as more oil-producing nations rapidly scaled up their share of yuan settlements... https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3356641/de-dollarisation-trends-persist-can-yuan-take-euros-place?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3356641/de-dollarisation-trends-persist-can-yuan-take-euros-place?utm_source=rss_feed Wed, 10 Jun 2026 22:00:20 +0000 Ji Siqi Ji Siqi President Xi Jinping’s first official trip to Pyongyang in seven years coincides with a surge in bilateral trade, which has climbed to its highest level since the United Nations imposed sweeping sanctions nearly a decade ago. According to Chinese customs figures, total commerce between the two nations reached US$325.8 million in April. The figure marks the highest level since December 2017, when sweeping trade bans were unleashed on many of North Korea’s export pillars. The value of Chinese... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3356393/chinas-trade-north-korea-rebounds-9-year-high-xi-vows-deeper-ties?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3356393/chinas-trade-north-korea-rebounds-9-year-high-xi-vows-deeper-ties?utm_source=rss_feed Mon, 08 Jun 2026 11:33:33 +0000 Mia Nurmamat,Ji Siqi Mia Nurmamat,Ji Siqi China will increase scrutiny of outbound technology investments and authorise countermeasures against foreign entities deemed harmful to its national interests, in a move that follows the high-profile Nexperia dispute and Meta Platforms’ aborted acquisition of Manus. The State Council, China’s cabinet, released a new set of regulations governing outbound investment from the Chinese mainland – including to Hong Kong, Macau and Taiwan – requiring approval for the overseas transfer or use of goods,... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3355560/china-tightens-outbound-tech-investment-rules-following-nexperia-and-manus-disputes?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3355560/china-tightens-outbound-tech-investment-rules-following-nexperia-and-manus-disputes?utm_source=rss_feed Mon, 01 Jun 2026 09:17:08 +0000 Ji Siqi Ji Siqi China’s Wingtech Technology has filed a lawsuit against Dutch chipmaker Nexperia and three of its executives under China’s anti-foreign sanctions law, as the Chinese company remains embroiled in a power struggle for control of its Dutch subsidiary. In an investor statement on Friday, the Shenzhen-based company said it has sued in a Guangdong court, demanding the restoration of full control over Nexperia and 8 billion yuan (US$1.17 billion) in compensation. In September 2025 the Dutch government... https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-war/article/3354611/wingtech-sues-dutch-unit-nexperia-us117b-battle-control-escalates?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/tech/tech-war/article/3354611/wingtech-sues-dutch-unit-nexperia-us117b-battle-control-escalates?utm_source=rss_feed Sat, 23 May 2026 06:16:10 +0000 Ji Siqi Ji Siqi China’s chief trade negotiator, Li Chenggang, urged Asia-Pacific economies to reject a zero-sum mentality, grow the economic pie together and divide it fairly, as trade representatives from the 21 members of Asia-Pacific Economic Cooperation (Apec) forum convened in the eastern Chinese city of Suzhou for a two-day ministerial meeting. “Apec economies vary in their stages of development, resource endowments and industrial structures, so it is completely normal for them to have different... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3354559/chinas-top-trade-negotiator-urges-apec-grow-economic-pie-divide-it-fairly?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3354559/chinas-top-trade-negotiator-urges-apec-grow-economic-pie-divide-it-fairly?utm_source=rss_feed Fri, 22 May 2026 12:00:09 +0000 Ji Siqi Ji Siqi To address widening trade imbalances across the Asia-Pacific region, surplus-heavy nations such as China should be buying more, and deficit-running economies need to bolster their competitiveness, a top Apec official said on Thursday. “China has been developing significantly in recent decades … [becoming] sort of a global producer for the whole world. But now, the next challenge is for China to become the market for the whole world,” said Carlos Kuriyama, director of the Policy Support Unit at... https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3354403/asia-pacific-trade-risks-loom-large-apec-official-warns-protectionism-imbalances?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3354403/asia-pacific-trade-risks-loom-large-apec-official-warns-protectionism-imbalances?utm_source=rss_feed Thu, 21 May 2026 12:30:16 +0000 Ji Siqi Ji Siqi Last week, US President Donald Trump landed in China aiming to secure the kind of blockbuster trade deals he championed nine years ago – spanning everything from soybeans to aircraft and energy. By the time he departed, it was clear that reality would fall far short of expectations. Despite Trump hailing a “fantastic deal”, China did not announce the massive buying spree that many had anticipated. Now, just days after Trump’s exit, Russian President Vladimir Putin is arriving in China with... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3354114/putin-pushing-blockbuster-oil-and-gas-deal-china-will-he-get-it?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3354114/putin-pushing-blockbuster-oil-and-gas-deal-china-will-he-get-it?utm_source=rss_feed Tue, 19 May 2026 22:00:06 +0000 Xiaofei Xu,Ji Siqi,Xinyi Wu Xiaofei Xu,Ji Siqi,Xinyi Wu China and the United States have agreed to establish trade and investment councils, committing in principle to match each other’s tariff cuts on a reciprocal basis. “The two sides will use the Trade Council as a forum to discuss issues such as tariff reductions on specific products,” China’s Ministry of Commerce said in a statement on Saturday, without providing further details. The world’s two largest economies also made progress on agricultural trade and aircraft, the statement added. The two... https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3353840/china-and-us-agree-establish-trade-and-investment-councils-after-xi-trump-summit?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3353840/china-and-us-agree-establish-trade-and-investment-councils-after-xi-trump-summit?utm_source=rss_feed Sat, 16 May 2026 15:05:04 +0000 Ji Siqi,Zhang Shidong Ji Siqi,Zhang Shidong While US President Donald Trump concluded his three-day state visit to Beijing by hailing “fantastic trade deals”, an immediate lack of specifics left some investors wondering if the high-stakes meeting delivered more theatre than substance. China’s benchmark CSI 300 Index dropped 1.1 per cent on Friday for a second straight day of declines, with investors taking profits from a record-setting rally in tech stocks after Trump wrapped up his tour. For the week, the gauge slipped 0.3 per cent. The... https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3353655/trump-hails-fantastic-china-trade-deals-signalling-boeing-oil-sales?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3353655/trump-hails-fantastic-china-trade-deals-signalling-boeing-oil-sales?utm_source=rss_feed Fri, 15 May 2026 04:51:59 +0000 Kandy Wong,Ji Siqi Kandy Wong,Ji Siqi US President Donald Trump’s landmark visit to China comes as the US-Iran war disrupts global energy supplies, fuels economic uncertainty and adds fresh strain to Washington-Beijing ties. In the latest instalment of a series examining how rivalry, interdependence and geopolitical crises are reshaping the relationship between the two powers, we explore the intensifying US-China legal arms race. For years, global businesses have been struggling to navigate rising trade tensions between the United... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3353567/us-china-trade-war-entering-worrying-new-phase-legal-arms-race?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3353567/us-china-trade-war-entering-worrying-new-phase-legal-arms-race?utm_source=rss_feed Thu, 14 May 2026 22:00:18 +0000 Coco Feng,Ji Siqi Coco Feng,Ji Siqi Nvidia CEO Jensen Huang has joined US President Donald Trump on his trip to China this week – boarding Air Force One during a stop en route to Beijing – with Trump dismissing earlier reports that the tech leader had been snubbed as “incorrect”. The White House confirmed that Huang had boarded Air Force One during a refuelling stop in Anchorage, Alaska. It added that Tesla and SpaceX CEO Elon Musk was also travelling on the presidential plane. “Jensen is attending the summit at the invitation of... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3353346/nvidias-jensen-huang-joins-trumps-trip-china-after-all?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3353346/nvidias-jensen-huang-joins-trumps-trip-china-after-all?utm_source=rss_feed Wed, 13 May 2026 02:06:44 +0000 Kandy Wong,Ji Siqi,Ralph Jennings Kandy Wong,Ji Siqi,Ralph Jennings Beyond high-profile names like Apple’s Tim Cook, a number of lesser-known CEOs joining US President Donald Trump on his trip to China this week represent industries caught in the crossfire of the trade war, analysts said, and are expected to push for deeper engagement rather than risk becoming a “geopolitical football”. Seventeen American CEOs have been invited in total, according to a list released by the White House on Monday – a smaller business delegation than in 2017, when 27 high-profile... https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3353312/trumps-cadre-ceos-hunts-wins-china-soybeans-semiconductors?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3353312/trumps-cadre-ceos-hunts-wins-china-soybeans-semiconductors?utm_source=rss_feed Tue, 12 May 2026 13:34:22 +0000 Ann Cao,Ji Siqi Ann Cao,Ji Siqi US President Donald Trump’s landmark visit to China comes as the US-Iran war disrupts global energy supplies, fuels economic uncertainty and adds fresh strain to Washington-Beijing ties. In this story, part of a series examining how rivalry, interdependence and geopolitical crises are reshaping the relationship between the two powers, we examine how artificial intelligence (AI), chip controls and competing technology ecosystems are redefining US-China rivalry. Nvidia CEO Jensen Huang was the... https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3353180/chinas-ai-ascent-leaves-trump-stark-choice-escalate-or-relax-chip-controls?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3353180/chinas-ai-ascent-leaves-trump-stark-choice-escalate-or-relax-chip-controls?utm_source=rss_feed Mon, 11 May 2026 22:00:12 +0000 Ji Siqi Ji Siqi Four years after Shanghai’s harsh citywide lockdown, there are signs the city’s expatriate population – which thinned significantly during the pandemic – is starting to rebound, though with a notably different demographic profile. The sound of English, Korean and French is once again often heard drifting through the plane-tree-lined streets of Shanghai’s former French Concession – widely seen as the heart of the city’s international community. And local residents point to a gradual, though... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3352494/4-years-after-lockdown-shanghais-expat-community-recovering-and-changing?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3352494/4-years-after-lockdown-shanghais-expat-community-recovering-and-changing?utm_source=rss_feed Tue, 05 May 2026 10:00:16 +0000 Ji Siqi,Sylvia Ma,Finbarr Bermingham Ji Siqi,Sylvia Ma,Finbarr Bermingham Beijing has placed seven entities from the European Union on its export control list, banning them from receiving “dual-use” items – products with potential military application – originating in China, according to a statement from the Ministry of Commerce issued on Friday. The entities, including Belgium-based firearms manufacturer FN Herstal and its parent FN Browning Group, are predominantly major European defence contractors, aerospace research institutes and satellite intelligence firms the... https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3351292/china-places-7-eu-entities-export-control-list?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3351292/china-places-7-eu-entities-export-control-list?utm_source=rss_feed Fri, 24 Apr 2026 08:10:59 +0000 Ji Siqi,Coco Feng,Wency Chen Ji Siqi,Coco Feng,Wency Chen China’s State Administration for Market Regulation (SAMR) has levied more than 3.6 billion yuan (US$527.3 million) in fines on seven e-commerce and food delivery platforms and their representatives following an investigation, the regulator announced on Friday. SAMR said the seven platforms, which included retail and food delivery mainstays Pinduoduo (PDD), Meituan and JD.com, failed to properly verify food vendor licences and knowingly allowed unverified “ghost” catering services to operate. The... https://www-scmp-com.libproxy1.nus.edu.sg/tech/policy/article/3350444/chinas-e-commerce-platforms-hit-36b-yuan-fine-food-safety-violations?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/tech/policy/article/3350444/chinas-e-commerce-platforms-hit-36b-yuan-fine-food-safety-violations?utm_source=rss_feed Fri, 17 Apr 2026 08:11:57 +0000 Kandy Wong,Ji Siqi Kandy Wong,Ji Siqi China’s exports of energy storage equipment are expected to keep rising as the US-Israeli war in Iran renews global calls for energy independence, industry insiders and analysts said. The total export value of Chinese inverters – key components in energy storage systems – jumped 57 per cent year on year to US$1.66 billion for the first two months of 2026, Chinese customs data showed. Inverters convert electricity generated from batteries and solar panels into usable power for homes, businesses... https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3349515/chinas-energy-storage-tech-exports-buffer-against-iran-war-oil-shock?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3349515/chinas-energy-storage-tech-exports-buffer-against-iran-war-oil-shock?utm_source=rss_feed Thu, 09 Apr 2026 09:00:17 +0000 Ji Siqi Ji Siqi The world is bracing for an aluminium supply shock after two major Middle Eastern smelters were damaged in Iranian attacks over the weekend, a disruption likely to push more production to China in the near term and potentially for years to come, analysts said. Emirates Global Aluminium (EGA), a leading regional producer, reported “significant damage” at its Abu Dhabi site following strikes by Iranian missiles and drones, while Aluminium Bahrain said it was assessing the extent of damage at its... https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3348426/will-irans-strikes-gulf-smelters-strengthen-chinas-aluminium-trade?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/global-economy/article/3348426/will-irans-strikes-gulf-smelters-strengthen-chinas-aluminium-trade?utm_source=rss_feed Mon, 30 Mar 2026 15:00:12 +0000 Ji Siqi Ji Siqi As China’s property downturn drags on, foreign companies in downstream industries are revamping their business models to cope with a decline in new construction projects, but the country’s stable policy environment is helping to ease the transition, according to an executive at a leading US supplier. Lift giant Otis is looking for new growth momentum in China’s government-led urban renewal drive, which includes a push to install or upgrade lift systems in ageing apartment buildings, said Judy... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3348155/chinas-property-downturn-grinds-foreign-suppliers-strive-adapt?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3348155/chinas-property-downturn-grinds-foreign-suppliers-strive-adapt?utm_source=rss_feed Sat, 28 Mar 2026 04:00:09 +0000 Ji Siqi Ji Siqi China has sufficient capacity to absorb external shocks from the Iran war and meet its annual economic growth target, a prominent economist said, while adding it was also preparing for the possibility that Washington might renege on trade deals. Justin Lin Yifu, dean of the Institute of New Structural Economics at Peking University and a former chief economist at the World Bank, said on Thursday that no country could be spared from the economic impacts of the conflict in the Middle East, which... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3348154/chinas-economy-big-enough-absorb-iran-war-shocks-says-justin-lin?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3348154/chinas-economy-big-enough-absorb-iran-war-shocks-says-justin-lin?utm_source=rss_feed Fri, 27 Mar 2026 12:00:12 +0000 Ji Siqi Ji Siqi The havoc unleashed on global shipping by the US-Israel war on Iran has underlined China’s urgent need to fix its lack of a robust maritime insurance industry, a shipping expert has said. “In the maritime shipping sector, China’s industrial chain for ‘hardware’ is very well-established and mature,” said Chen Jihong, director of the Shenzhen International Maritime Research Institute. “However, when it comes to ‘software’, we are still constrained by others, and it will be difficult to change any... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3348096/iran-war-shows-chinas-urgent-need-plug-maritime-insurance-gap-expert?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3348096/iran-war-shows-chinas-urgent-need-plug-maritime-insurance-gap-expert?utm_source=rss_feed Fri, 27 Mar 2026 09:00:08 +0000 Ji Siqi Ji Siqi Chinese government advisers are calling for government-set “red lines” in artificial intelligence development and applications, as mounting threats of job displacement and data security challenges spark concerns in the country. Jiang Xiaojuan, former deputy secretary general of the State Council, said at the Boao Forum for Asia annual conference in Hainan province that precaution was needed when using AI simply to reduce labour costs. “Those that do not improve service quality or promote... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3347940/job-fears-security-risks-spark-call-chinese-government-red-lines-ai-applications?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3347940/job-fears-security-risks-spark-call-chinese-government-red-lines-ai-applications?utm_source=rss_feed Thu, 26 Mar 2026 09:00:08 +0000 Ji Siqi Ji Siqi While China appears better prepared than other countries to deal with the shocks brought by the US-Israel war on Iran, its economy would still come under pressure in the short term if its regional partners suffer, an executive with a global consultancy has said. “China might be more resilient, but China is not resilient to a demand shock,” said Denis Depoux, a global managing director at consultancy Roland Berger. “For example, if the economy is slowing down in Southeast Asia, if people stop... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3347932/demand-shock-china-cannot-escape-impact-long-iran-war-analyst-warns?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3347932/demand-shock-china-cannot-escape-impact-long-iran-war-analyst-warns?utm_source=rss_feed Thu, 26 Mar 2026 08:00:09 +0000 Ji Siqi Ji Siqi As the US-Israeli war on Iran continues, China’s top legislator, Zhao Leji, has told the Boao Forum for Asia – a high-level gathering of governments and business leaders – that power politics should be rejected in favour of economic development and conflicts should be resolved through negotiations. “The people of Asia, having endured the scourge of war and chaos, deeply understand the value of peace and stability,” said Zhao, chairman of the National People’s Congress Standing Committee, China’s... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3347963/iran-war-rages-china-links-peace-economic-growth-boao-forum?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3347963/iran-war-rages-china-links-peace-economic-growth-boao-forum?utm_source=rss_feed Thu, 26 Mar 2026 06:39:36 +0000 Xinyi Wu,Ji Siqi Xinyi Wu,Ji Siqi China is still on course to overtake the United States as the world’s largest economy in the next decade, as the global balance of power pivots towards Asia and America pursues a string of “self-defeating” policies, a prominent academic has said. While the Chinese economy is undergoing a structural transition, the current challenges facing the US are more severe, according to Li Cheng, the founding director of the University of Hong Kong’s Centre on Contemporary China and the World. The US is... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3347863/china-still-track-supplant-us-worlds-no-1-economy-10-years-academic?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3347863/china-still-track-supplant-us-worlds-no-1-economy-10-years-academic?utm_source=rss_feed Wed, 25 Mar 2026 14:00:10 +0000 Ji Siqi Ji Siqi China has pledged to strengthen artificial intelligence (AI) security, including through a new data property rights framework, at a time when users and businesses are rapidly adopting the highly coveted but controversial OpenClaw. On Monday, Liu Liehong, head of the National Data Administration, said security and compliance had become core challenges as AI spread across industry and daily life. Speaking at the China Development Forum, Liu cited challenges ranging from copyright disputes over... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3347604/china-vows-stricter-ai-safeguards-openclaw-sparks-security-fears?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3347604/china-vows-stricter-ai-safeguards-openclaw-sparks-security-fears?utm_source=rss_feed Mon, 23 Mar 2026 12:00:08 +0000 Ji Siqi Ji Siqi China’s artificial intelligence breakthroughs in recent years stemmed from the country’s strategic strengthening of its power grid, commitment to open-source models and complete manufacturing supply chain, according to Joe Tsai, chairman of Alibaba Group Holding. “Currently, geopolitical complexities are deeply affecting supply chain security and the sharing of technological achievements,” Tsai said in a speech on Sunday at the China Development Forum 2026 in Beijing. “In this era and... https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3347485/alibaba-chairman-joe-tsai-credits-chinas-ai-edge-power-grid-open-source-models?utm_source=rss_feed https://www-scmp-com.libproxy1.nus.edu.sg/economy/china-economy/article/3347485/alibaba-chairman-joe-tsai-credits-chinas-ai-edge-power-grid-open-source-models?utm_source=rss_feed Sun, 22 Mar 2026 11:46:56 +0000