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China economy
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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.
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Banking & finance
Millions of Chinese consumers ditch their credit cards amid weak retail spending
Banks report there are 120 million fewer active credit cards in China with 687 million customer accounts, a dramatic drop from 2022’s peak.
2 hours ago
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International Property
Property challenges put Chinese firms’ go-global plans at risk: JLL
4 hours ago
China trade
Chinese traders in Iran keep business afloat as war capsizes naval shipping
24 May 2026 - 2:00PM
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Education
Letters
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Study abroad returnees affirm China’s growth and global engagement
Readers discuss recent figures on overseas talent, and the new rules for dog-friendly restaurants in Hong Kong.
24 May 2026 - 11:30AM
China education
‘Natural’ choice: why Unesco’s new STEM education centre is based in Shanghai
China is working with the UN agency to help the world’s least developed countries advance technical education and grow their talent pools.
24 May 2026 - 9:00AM
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Mainland China
Will China’s residency changes to social insurance unlock economic growth?
The State Council’s decision to decouple household registration from welfare services could have benefits for society as a whole, analysts say.
23 May 2026 - 5:00PM
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China manufacturing
China told the solar industry to cut capacity. Firms built new factories anyway
Beijing has been striving to rein in severe overcapacity in the solar industry. But the sector is still plagued by illegal facilities, an insider says.
23 May 2026 - 4:00PM
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China stock market
China’s property developers seek semiconductor salvation with chip side-hustles
Unprofitable real estate firms see shares soar after buying into silicon assets, and analysts weigh whether it is a safe bet or banking on a big bailout.
23 May 2026 - 10:30AM
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China-Russia relations
Putin left China, with no pipeline deal. Why is the valve still closed?
Though this week’s China-Russia summit featured many agreements, none progressed the long-delayed Power of Siberia 2 natural gas pipeline.
23 May 2026 - 6:45AM
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Mainland China
China removes hukou hurdle for migrant workers in social insurance shake-up
Giving migrant and gig workers full social insurance access where they work is latest move to boost free flow of capital and talent.
22 May 2026 - 10:31PM
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US-China trade war
China’s top trade negotiator urges Apec to grow economic pie, divide it fairly
At ministerial meeting in Suzhou, Li Chenggang urges representatives of 21 economies to ‘reject zero-sum thinking’.
22 May 2026 - 8:00PM
China consumption
HSBC cuts China retail sales forecast by nearly half on property, job pressures
Consumption is facing renewed pressure as a weak labour market and diminishing returns from subsidies cloud outlook, the bank says.
22 May 2026 - 7:17PM
China food security
How China and Kazakhstan plan to boost food security through trade
The agreement highlights Beijing’s push to rewire agricultural supply chains, as it seeks to reduce vulnerability in global markets.
22 May 2026 - 6:00PM
China-EU relations
China overtakes US to become top foreign investor in Germany
Deteriorating transatlantic relationship and high energy and labour costs are making American firms think twice before moving into German market.
22 May 2026 - 4:02PM
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Semiconductors
China’s biggest contract chipmaker clears final hurdle for US$6 billion takeover
SMNC is to become a wholly owned subsidiary of SMIC, boosting the semiconductor manufacturer’s prowess and market position.
22 May 2026 - 1:11PM
Belt and Road Initiative
China’s new US$10.7 billion canal near completion to boost Asean trade links
The Pinglu Canal – a US$10 billion waterway connecting China’s heartlands to the Gulf of Tonkin – will begin trial operations as soon as September.
22 May 2026 - 2:40PM
US-China trade war
From mine to market: how China is closing critical mineral security gaps
New law coordinates control over the full supply chain as Beijing frames minerals as a national security priority.
22 May 2026 - 7:00AM
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China-Russia relations
China and Russia unite on world order, but Putin departs without concrete gains
Analysts say Beijing’s position in managing three-way ties appears to be strengthened after hosting Donald Trump and Vladimir Putin.
21 May 2026 - 11:29PM
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China energy security
As Chinese supertankers cross Strait of Hormuz, is the crisis starting to ease?
Two Chinese tankers were among group of vessels transiting vital waterway on Wednesday, but was it a one-off or the start of a new trend?
21 May 2026 - 10:38PM
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United States
US jobless claims fall as lay-offs remain low despite economic uncertainty
Despite historically low lay-offs, the labour market appears to be stuck in what economists call a ‘low-hire, low-fire’ state.
21 May 2026 - 9:03PM
China technology
AI gives China ‘God’s-eye view’ of green sector as data-centre demand booms
Alibaba and Peking University map nation’s extensive green-energy sites – a move that could help stabilise national grid amid surge in computing-power needs.
22 May 2026 - 10:08AM
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China trade
Asia-Pacific trade risks loom large as Apec official warns of protectionism
China is urged to evolve as a world buyer, ahead of ministers’ gathering in Suzhou where a raft of far-reaching trade issues will be discussed.
21 May 2026 - 8:30PM
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China's economic recovery
China’s corporate earnings lag behind stock market gains, survey finds
Equities post strong gains driven by improved market sentiment and tech optimism, though profit growth lags, a new survey shows.
21 May 2026 - 3:59PM
Yuan
China’s yuan hits 3-year high as global banks issue bullish forecasts
Beijing has set the yuan at its strongest level against the US dollar since early 2023, with banks projecting further appreciation.
21 May 2026 - 5:38PM
China trade
Ex-mayor calls for stronger yuan, tariff cuts to reduce China’s trade surplus
Huang Qifan says coordinated policies, including gradual yuan appreciation and lowering of tariffs, are needed to address trade imbalances.
21 May 2026 - 10:38AM
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Electric & new energy vehicles
China’s Chery plans for 1m EVs sold abroad amid global energy crisis
Anhui-based carmaker anticipates 27 per cent increase in foreign deliveries in 2026 as battery ranges improve and oil prices rise.
21 May 2026 - 4:39PM
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US-China trade war
China says US agreed to a maximum tariff rate. Could the trade war be waning?
Beijing says Washington agreed to keep future trade levies at numbers set in trade talks last year.
21 May 2026 - 10:41AM
China exports
Japanese firms warn of ‘severe’ magnet shortages as China’s exports remain low
China’s exports of rare earth magnets to Japan recovered only modestly last month, with Japanese firms warning of ‘severe’ shortages.
20 May 2026 - 6:30PM
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