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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:
29 November, 2024
Chinese EV maker Nio has leased nearly 10,000 square metres of space from CTP in Budapest. Photo: CTP
International Property

Chinese firms seek European base for factories amid trade tensions, tariffs

European industrial real estate developer CTP expects increased demand from Chinese firms that do not want to get caught in the trade war.

China stock market

Buy or wait? Consumers put Beijing on hook for more rescue subsidies

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Banking & finance

Hong Kong employers seek more relationship managers and data analysts next year

China’s economic stimulus

China’s finance ministry vows measures to boost consumption and investment

Other priorities set out at meeting include strengthening supply chains, more fiscal backing for tech-focused start-ups, and more aid to businesses facing difficulties.

A woman poses next to a Christmas tree in a shop selling Russian products in Wuhan, Hubei province, on Sunday. Photo: AFP
Foxconn

Foxconn invests in EV battery plant in China’s iPhone city

The US$82 million capital injection marks the Taiwanese giant’s latest foray into the electric-vehicle sector.

Hong Kong property

Shimao slashes Hong Kong hotel price by 25% to speed up restructuring

Mainland Chinese developer is asking HK$4.5 billion (US$579 million) for the asset, down from HK$6 billion in March 2023, according to a source.

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US-China tech war

Chinese surveillance tech firm Dahua exits projects in Xinjiang

The company was added to a US trade blacklist in 2019 on claims it aided in human rights abuses in Xinjiang.

A Dahua security camera. Photo: AP Photo
Hong Kong property

Mainland Chinese retailers make their presence felt in Hong Kong

China’s largest coffee chain opens first outlet in the city as it goes up against US rival Starbucks.

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Hong Kong stock market

Hang Seng Index closes above 20,000 on mainland Chinese buying

The benchmark gained 1.1 per cent, the most in nearly two weeks, while the turnover on the exchange was 14 per cent below average.

China economy

My Take | China’s extended visa-free tourist stays drive momentum for opening

Its latest foreign-visitor policy shows that China is willing to be pragmatic, rather than adhering strictly to ideologies.

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Tourists from Spain in Shanghai. Photo: Xinhua
China energy security

As use of roof solar panels becomes more common in China, can the grid keep up?

‘Distributed’ solar power generation on roofs of houses, factories and airports is spreading across country, but curtailment rate is also rising.

Illustration: Davies Christian Surya
Science

China-born biologist Wang Cunyu returns from decades in US to head institute

Wang was recognised by Science magazine in 1996 for his work on cancer cell death.

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Smartphones

China’s foldable smartphone shipment growth slows amid global dip in demand

Huawei remains the bestselling foldable smartphone vendor in China, accounting for around half of total domestic shipments.

Robotics

China’s industrial robot sales shrink on ‘tightening demand’

Total industrial robot deliveries this year are estimated to reach 300,000 units, down 5 per cent from 2023.

China had 470 robots per 10,000 employees in 2023, up from 402 units a year earlier. Photo: Shutterstock
China property

Builder Jinke Property reveals details of court-supervised debt restructuring plan

Jinke expects to reduce its liabilities-to-assets ratio to around 30% from more than 90%.

A mother held her child with high-rise buildings and a construction site in the background in Chongqing. Photo: Getty Images
Shenzhen

Hongkongers find lure of Greater Bay Area’s attractions hard to resist: survey

Hong Kong residents are flocking to the Greater Bay Area for shopping, hot springs and more, attracted by cheaper prices and new experiences.

Environment

Chinese village’s sinkhole nightmare continues with kitchen floor collapse

Coal mines ‘part of the problem’ as authorities promise help for displaced villagers after 32nd subsidence since August 2023.

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Insurance

Cigna seeks mainland China partnerships as Hongkongers go north to get treatment

An ageing population and shortage of doctors have led more Hongkongers to go north to get medical treatment, Cigna’s Hong Kong CEO says.

Jonathan Spiers, CEO of Cigna Healthcare Hong Kong. Photo: Enoch Yiu
International Property

Dubai developers escalate efforts to sell properties to rich Chinese

Buyers are attracted to UAE city’s attractive rental yields and golden visa programme.

TikTok ban

Trump favours keeping TikTok in US after ‘billions of views’ during election

US president-elect offers strongest signals yet that he opposes a potential exit of TikTok from the US market.

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Crime in Hong Kong

Hong Kong police arrest man linked to 13 burglaries, mostly at kindergartens

Police warn they will step up patrols over holiday season, with 46-year-old suspect accused of carrying out burglaries in seven-month period.

Some of the items allegedly stolen in the spate of burglaries. Photo: Handout
Business of climate change

Hang Lung pushes for faster decarbonisation in construction sector

Developer urges quicker regulatory progress and pilot programmes to expedite low-carbon material adoption, vital for decarbonising the sector.

The construction industry is responsible for nearly 40 per cent of global energy-related carbon emissions. Photo: Jelly Tse
US-China tech war

US plans to blacklist company that ordered TSMC chip found in Huawei processor

Sophgo, an affiliate of bitcoin mining equipment supplier Bitmain, is in the process of being placed on the Entity List.

Hong Kong property

The Center sale came at a peak and now buyers struggle to exit

Take a look inside The Center, which was the world’s most expensive skyscraper when it was shrewdly sold by the city’s wealthiest man.

China's economic recovery

How has Hengqin helped Macau diversify its casino-dominated economy?

Greater Bay Area plan has added impetus to development of neighbouring island in Zhuhai.

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Illustration: Henry Wong
Artificial intelligence

Chinese-owned Character.ai rival vanishes from US App Store

Talkie, a popular AI companion app developed by Shanghai start-up MiniMax, has been removed from Apple’s store in the US.

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Talkie, a chatbot app developed by Chinese start-up MiniMax, allows users to converse with AI characters. Photo: Handout
Electric & new energy vehicles

China’s car parts, software industry to hit US$356 billion by 2030

Market for car parts and software is likely to grow at an annualised pace of 28.8 per cent between 2026 and 2030.

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Tencent

China’s super app WeChat flexes e-commerce muscles with gift feature

The new function could be Tencent’s next big hit after electronic red packets, says one merchant.

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