Advertisement
Advertisement
TOPIC

China economy

China economy
Breaking news and analysis on China’s economy, including its opening up, the US-China trade war, the impact of tariffs and trade talks, growth rates and other key economic data, the Belt and Road Initiative, and Greater Bay Area plan.
US President Donald Trump, right, shakes hands with Chinese President Xi Jinping after a visit to the Zhongnanhai Garden in Beijing. Photo: AP
US-China relations

US-China talks need to be ‘institutionalised’ to ease tensions in AI era: Haass

Meetings between US and Chinese officials should be routine, rather than ‘news’, as both sides want to avoid confrontation, veteran US diplomat says.

6
Banking & finance

Hong Kong regulators vow strict compliance as Beijing tightens capital controls

China's economic recovery

‘Not a crackdown’: China regulators eye neutral enforcement in shift from 2021

China trade

China-EU tensions, Xi in North Korea, flatlining retail sales

This week: China seeks to avert EU trade war, Xi hails ‘unwavering’ ties with North Korea, and US blacklists Chinese tech giants for alleged military ties. Next week: May retail sales data may show little growth, China tightens minerals controls, Nvidia gaming chip challenger comes to market, and more.

French President Emmanuel Macron (centre) chairs an international videoconference on global growth. Photo: EPA
Yuan

Yuan poll finds 95% of overseas firms expect to sustain or boost use of currency

Increased international adoption of China’s currency highlights progress in Beijing’s strategic push amid the US dollar’s global financial dominance.

videocam
4
China trade

China’s ports are by far the most efficient in the world: World Bank study

Seven Chinese ports including Hong Kong ranked among the world’s top 10 in the report, which tracks how quickly trade hubs process ships.

7
Advertisement
Advertisement
Advertisement
China trade

China’s BYD challenges iconic auto giants as hybrid demand surges in Germany

A three-fold jump in BYD’s German registrations highlights shift towards lower-tariff models, as company chairman says ‘the worst is over’.

videocam
A hybrid vehicle is seen at a BYD showroom in Beijing earlier this year. The Chinese company’s hybrid models are selling increasingly well in Germany. Photo: AP
China's economic recovery

Citic Securities breaks ceiling with first ‘A’ class rating for China brokerage

Award of an A-minus rating seen as a milestone in China’s efforts to build globally competitive investment banks.

China travel

Panda and pet services: China plans over 160 tourist trains to boost consumption

Beijing eyes themed journeys and new on-board services as part of broader efforts to rebalance the economy.

Banking & finance

PBOC chief says China a haven for asset diversification in volatile world

Pan Gongsheng tells representatives from about 30 central banks around the world that opening-up measures are working.

People’s Bank of China governor Pan Gongsheng at a news conference on the sidelines of the annual meeting of the National People’s Congress in Beijing in March. Photo: AP
E-commerce

As 618 shopping frenzy grows, Beijing warns e-commerce giants over price tactics

Officials summoned Alibaba, JD.com, Pinduoduo, Douyin and RedNote over marketing practices, underscoring official concern about subsidy wars.

Workers sort express packages at a distribution centre in Lianyungang in China's Jiangsu Province. The express delivery industry is ramping up operations ahead of the '618' online shopping festival. Photo: Getty Image
Electric & new energy vehicles

Europe’s bet on Chinese EV joint ventures may be solving yesterday’s problem

Auto veteran Soh Weiming on the EV tech transfer, China’s plateau, and Europe’s chance to catch up.

videocam
8
Mainland China

Why is China’s personal income tax revenue growing faster than earnings?

State Taxation Administration attributes increase to stock market gains, higher incomes in some industries and stricter enforcement.

6
Semiconductors

As East Asia pivots to premium AI servers, China seizes a massive tech gap

The AI server boom is driving demand for advanced multilayer ceramic capacitors, leaving Chinese manufacturers room to expand.

As Japanese and South Korean MLCC producers move up the value chain, their Chinese rivals are seeing an opportunity. Photo: Shutterstock
Hong Kong economy

Opinion | Why Hongkongers should be very interested in the Pinglu Canal

China-Asean trade is expected to surge as the Pinglu Canal synergises with the Hainan free-trade zone – creating demand for services Hong Kong can provide.

videocam
Illustration: Craig Stephens
Yuan

‘Increasingly influential’ use of China’s currency puts euro on notice

The US dollar is still dominant, but a slump in Europe may see China’s currency gain strength and reach the No 2 spot in global settlements.

videocam
33
China airliners

Air China C909 hits bird as Chinese jets face growing ‘real-world’ tests

Wildlife strike in Beijing caught on video near popular vantage point, illustrating how rising flight volumes expose Comac’s fleet of jets to more operational risks.

16
Advertisement
Advertisement
Advertisement
Mainland China

Video | Man in China buys 34th-floor flat in 32-storey building

Despite no legal protections on illegally developed housing compounds, some Chinese internet users say it is the only way they can afford to own property.

houses
01:48
China inflation

China’s factory price jump contrasts with muted consumer inflation

Higher oil costs and the AI boom are driving up producer prices, while weak domestic demand is weighing on consumer prices.

China-EU relations

Opinion | EU threat of trade war against China is a strategic farce

The EU is mistaken in believing it still has economic leverage. A trade war will not save an economy in decline.

videocam
5
China shipbuilding

China’s shipyards pass fresh milestone with delivery of vast specialised carrier

China is already the world’s dominant builder of bulk carriers and container ships. Now, it is also capturing a rising share of hi-tech gas carrier orders.

The Ivy Cove, a very large ammonia carrier, was built by the Chinese state-owned Jiangnan Shipyard. Photo: Handout
China inflation

China’s consumer prices see May uptick as oil shock inflates factory-gate costs

The mild increase in consumer inflation, attributed to higher AI demand and global price fluctuations, fell short of market expectations.

A man purchases groceries at a shop in Shanghai. Photo: EPA
China's economic recovery

China starts building ‘water staircases’ at Three Gorges to double river cargo

New mega locks will double freight capacity at the world’s largest dam, linking China’s inland industrial hubs to coastal ports with a feat of complex engineering.

videocam
4
United States

US trade court to Trump administration: speed up tariff refunds

US judge urges faster refunds of billions of dollars in revenue from tariffs that were ‌collected and later deemed illegal by Supreme Court.

videocam
China energy security

Driven by AI demand, China on track to pass US as top nuclear energy producer

Beijing is building new reactors at unrivalled speed – but the US still holds an edge in nuclear fusion research, analyst says.

videocam
16
Workers are seen at the installation site of a reactor pressure vessel at China National Nuclear Corporation’s Fuqing nuclear power plant in southeast China’s Fujian province on January 28, 2018. Photo: Xinhua
Banking & finance

New head of China’s financial regulator vows to prevent ‘blow-ups’

Ding Xiangqun identified smaller lenders, the property sector and local government debt as sources of risk while calling for tougher supervision.

videocam
China’s newly appointed financial regulator chief Ding Xiangqun. Photo: Handout
China trade

China’s export machine defies gravity as shipments soar in May

After a strong April, China’s exports surged once again in May, as the country’s firms continue to shrug off the impact of the Iran war.

19
Hong Kong economy

Opinion | Why another golden era for Hong Kong is just around the corner

The city’s biggest growth catalyst of the next decade will be to embrace its role as China’s global treasury capital.

videocam
5
Advertisement
Advertisement
Advertisement
Help preserve 120 years of quality journalism.
SUPPORT NOW
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement