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China
The latest news, analysis and opinion on China. In-depth analysis, industry insights and expert opinion.
Capital
Beijing
Head of State
President Xi Jinping
Head of Government
General Secretary Xi Jinping
last updated:
6 January, 2025
Democratic Republic of Congo soldiers in the eastern part of the country, where hundreds of thousands of people have been displaced by intense fighting with armed militia groups which broke out in November. Photo: Xinhua
China-Africa relations

Chinese nationals ignore embassy warnings in gold rush to DRC’s troubled east

A worsening security situation in the African nation’s eastern provinces is no deterrent in reward-cost calculus, one expert said.

Hong Kong property

Hang Lung Properties net falls on lower leasing profits, higher finance costs

Science

China’s R&D spending passes US$496 billion in steady rise to hi-tech dominance

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Business of climate change

Tianqi warns of US$1 billion loss on price slump, halt to Australian expansion

A decline in profit at the firm’s Chilean unit, forex losses and asset impairments contributed to the poor results in 2024.

Chengdu, Sichuan province-based Tianqi Lithium is one of the world’s largest producers of lithium-ion battery materials. Photo: Shutterstock
China-Japan relations

Chinese knifeman sentenced to death for deadly attack on Japanese school bus

A Chinese woman who tried to stop the attack was killed and a Japanese mother and child were wounded in the eastern city of Suzhou last year.

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Semiconductors

Chipmaker Texas Instruments’ forecast signals semiconductor slump is persisting

The company has recorded nine straight quarters of sales decline, as much of the electronics industry remains mired in a slowdown.

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Hong Kong stock market

Hong Kong stocks rise on Trump’s China optimism and Wall Street rally

Hang Seng Index ends in positive territory for a second week, led by Sunny Optical, Xiaomi and Trip.com.

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An overnight rally on Wall Street spurred Hong Kong stocks higher on Friday. Photo: Reuters
Nongfu Spring

Billionaire founder of China’s Nongfu Spring pledges to end price war

Low prices are destroying the quality of Chinese products and undermining the economy, tycoon says.

Bonds

Hong Kong can become multicurrency bond hub with Beijing’s support: experts

Many Hong Kong public bodies have seen increasing interest in multicurrency bonds to attract more international investors, UBS says.

Hong Kong property

New World says it’s ‘business as usual’ amid rumours of default risk

Residential sales in Hong Kong continue to improve, and mainland China sales are on track, embattled company says.

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A view of New World Tower in Central. Photo: Jelly Tse
US-China relations

Trump tells Davos he is hopeful about US-China ties as he warns on tariffs

American leader touts ‘very good’ relationship with Xi Jinping amid ‘massive’ trade deficits with Beijing.

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US President Donald Trump speaks by video to the World Economic Forum in Davos, Switzerland, on Thursday. Photo: AFP
US-China relations

US lawmakers bring back bill to revoke China’s trade status

Legislation targets permanent normal trade relations designation, which was conferred in 2000 ahead of China’s joining the WTO.

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World Economic Forum

Trump tells Davos he wants Xi to help stop Ukraine war – as it happened

The returning US leader also wants more money from Nato members, threatened Canada tariffs and talked about the AI race with China.

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Hong Kong courts

New Hong Kong Bar Association chair vows to cultivate more talent for country

Jose-Antonio Maurellet also pledges to uphold the core values of the rule of law and judicial independence.

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José-Antonio Maurellet, the new chairman of the Hong Kong Bar Association, addresses the media after the group’s Annual General Meeting, in which he was elected uncontested. Photo: May Tse
The Philippines

Rubio says US committed to Philippines but could Trump change course?

Observers welcome Rubio’s statements that they say indicate continuity in US policy and ‘more robust support’ for Manila in South China Sea row.

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US and Philippine Marines fire Howitzer artillery during a live-fire exercise as part of the joint US-Philippines annual military Balikatan drills in Laoag on Luzon island’s northwest coast in May 2024. Photo: AFP
Coronavirus China

Can China lead global health and climate change action?

Experts say China has a definite edge in spearheading global climate action, but will face hurdles regarding a bigger role in the World Health Organization (WHO)

China-Middle East relations

At Davos, Saudi Arabia pitches itself as a new hub for Chinese investment

Saudi minister urges China ‘not to miss opportunities’ to invest in the Gulf state – and exploit its access to different markets.

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Science

‘Era of supersonic passenger flights’ nears as China firm preps drone debut

As hypersonic tech enters commercial sector, Mach-4 drone looks set to fly next year while high-speed passenger jet expected to soar in 2030.

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Sichuan Lingkong Tianxing Technology unveils a model of its Cuantianhou UAV in Chengdu on Monday. Photo: Handout
Wealth management

US fund Federated Hermes mulls Hong Kong office to chart Asia growth: CEO

US money manager had US$800.5 billion of assets under management in 2024, including US$3.4 billion in Asia excluding Japan.

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Banking & finance

Salary caps spread in China’s finance sector amid ‘common prosperity’ drive

Some state-backed securities firms have already implemented annual pay caps for senior executives – and large banks, insurance firms and stock exchanges are next.

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Hong Kong economy

Hong Kong’s Paul Chan defends city’s currency peg to US dollar in Davos

Finance chief says important to offer stability for the business environment, as volatility expected in capital markets during Trump presidency.

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Hong Kong’s finance chief Paul Chan speaks at a panel discussion at the World Economic Forum in Davos. Photo: World Economic Forum
Hong Kong stock market

Hong Kong stocks fall as China’s market-boosting plan disappoints traders

At least 100 billion yuan of insurance funds will funnelled into A shares as part of a pilot programme within the first six months, regulators say.

Chinese stock indices are displayed outside a brokerage in Beijing. Shares rose in Hong Kong and China on Beijing’s plan to shore up the nation’s stock markets. Photo: AP Photo
South China Sea

Rubio backs Manila, condemns Beijing’s ‘dangerous’ actions in South China Sea

The US secretary of state opens his term by reaffirming Washington’s commitment to the Philippines and other regional allies.

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China stock market

China directs state capital into A shares to anchor stock market

Starting this year, 30 per cent of the annual insurance premium from new policies will be put into yuan-denominated A shares, regulator Wu Qing said.

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E-commerce

China’s super app WeChat bolsters e-commerce credentials via gift-giving feature

The feature accounted for over 80 per cent of recent sales made by live-streaming e-commerce firm East Buy on WeChat, local reports say.

Live-streaming firm East Buy’s latest sales results on WeChat bodes well for the super app’s e-commerce business. Photo: Shutterstock
China property

China’s property slump to persist in 2025 amid supply glut: Fitch

Gross floor area to fall 10 per cent while average selling price seen weakening 5 per cent in 2025, Fitch forecasts.

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Residental buildings in Huaian in eastern Jiangsu province, in November 2022. Photo: AFP
Science

Prominent computer scientist Chen Jing leaves US to teach in China

Specialist in computational economics brings ‘dual perspective’ after returning to Beijing’s Tsinghua University as a professor.

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Hong Kong economy

Trump tariffs would be bad news for Hong Kong’s biggest exports to US: experts

It will be a lose-lose situation if the US president goes ahead with threat of 10 per cent tariffs on Chinese goods, experts say.

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