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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.
Visitors take pictures of wafer samples at the Intel booth during Computex 2024 in Taipei last summer. US President Donald Trump’s threat of tariffs on semiconductor chips has complicated Taiwan’s bid to remain a global powerhouse in the critical sector and stay onside with key backer Washington, analysts have said. Photo: AFP
China trade

With its chips on the table, Taiwan seen avoiding the worst US tariffs

Taiwan falls under the 15 per cent of the world Trump has flagged for its trade imbalance with the US, so tariff risk still looms in coming days.

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China energy security

China’s non-fossil-fuel power capacity tops 2,000GW for first time ever

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China's economic recovery

Why is Trump embracing law of the jungle, asks top Chinese economist

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United States

Opinion | Trump’s executive orders will be no match for markets in grip of fear

Investors’ behaviour promises to thwart Trump’s economic agenda, just as they have forced past administrations to scramble for rescues.

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Illustration: Craig Stephens
Boao Forum for Asia

Video | China’s vice-premier pledges more policy support and partnerships

China's economic recovery

Xi urges foreign firms to resist ‘acts that turn back the wheel of history’

Xi meets with business reps as China takes aim at unilateralism and protectionism while ramping up a charm offensive for foreign investors against the backdrop of two global conferences.

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Boao Forum for Asia

‘Unstoppable momentum’ vs ‘big challenges’ in China’s cross-border e-commerce

Former deputy secretary general for China’s State Council warns of a potential negative impact from foreign import tariffs on small packages.

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Shoppers in Britain carry promotional Shein bags in December. Photo: Reuters
TV shows and streaming video

Addictive China micro-dramas show how commercial demand fuels netcasting boom

The head of China’s body overseeing film and TV calls micro-dramas a ‘new growth pillar for China’s online audio and video industry’, with growing influence overseas.

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US-China trade war

Stephen Roach says trade war puts US on course for ‘cultural revolution’

The Yale economist lamented the path his country is taking under US President Donald Trump during a panel discussion at the Boao Forum.

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China's ageing population

Former officials call for parity, reform in China’s pension system

The current pension structure is too lopsided to provide adequate benefits to those in poorer regions, former banking officials say at Boao Forum.

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China’s basic pension system should be reformed to ensure benefits are fairly distribution and coverage is adequate, former banking officials said. Photo: Xinhua
China manufacturing

‘Dominant’: US and Chinese robotics start-ups attract 75% of global funding

America and China are ‘reinforcing their leadership’ in robotics, allowing them to shape the future of automation, new study finds.

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US and Chinese robotics start-ups are attracting a dominant share of venture capital investment, according to a new study. Photo: Dobot
Robotics

Unitree Robotics profitable since 2020, eyes expansion amid high demand

The Hangzhou start-up known for its robot dogs told local media it had no immediate plans for additional fundraising.

China's economic recovery

China’s industrial profits unexpectedly fall in ominous sign for economy

Economists had predicted China’s industrial firms would record robust profit growth in the first two months of the year.

China-EU relations

China, Europe ‘share same worry’ about unilateralist forces: ESM director

In China as part of a finance-focused delegation, director of European Stability Mechanism says the two regions are aligned in bid to stabilise international finance.

There are areas of financial cooperation in which China and the European Union share like-minded views. Photo: Reuters
US-China relations

As Trump’s policies create divisions, G7 plays the ‘China card’ for unity

As ‘America first’ pressures G7 unity, Western moves to divert Washington’s hostility could be short-lived if US-China relations improve.

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Illustration: Pearl Law
US-China relations

Editorial | China offers stability in a world roiled by rising trade tensions

Premier Li Qiang has reassured major CEOs from around the world that the nation remains open for business despite Donald Trump’s tariff threats.

US-China relations

Trump suggests TikTok-for-tariff deal after top US, China trade envoys speak

‘Every point in tariffs is worth more than TikTok,’ Trump tells reporters after Vice-Premier He Lifeng and USTR Jamieson Greer trade ‘serious concerns’.

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US-China relations

US adds more Chinese firms to tech ban list. Is it just the start for Trump 2.0?

America has a sense of urgency about the way China is closing the technology gap, analyst says.

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The US has announced that around 60 Chinese tech companies and research institutions have been added to its “entity list” to prevent Beijing from advancing artificial intelligence for the military. Photo: Shutterstock
US-China relations

‘Absolutely wrong’: Jeffrey Sachs rejects US claims of Chinese overcapacity

US economics professor says China’s manufacturing heft essential to global green transition, dismisses Western charges of trade disruption.

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United States

Opinion | No economy is safe as Trump upends rules-based order

The Trump shock is the functional equivalent of a full-blown crisis, and the contagion is almost certain to spread throughout the world.

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Semiconductors

‘Coming out’: Huawei-related chip tool maker makes splash at Semicon China

In the first public display of SiCarrier’s latest chipmaking equipment, the company’s booth drew throngs of visitors eager for more information.

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The booth of chip equipment maker SiCarrier drew large crowds at Semicon China on March 26, as people looked for any new information regarding the company’s latest technology. Photo: Ann Cao
China’s economic stimulus

China mends fences with big tech in consumption, employment push

Beijing is increasingly praising the tech sector as a driver of jobs and economic growth, but platforms may still be closely supervised.

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Beijing is increasingly praising tech platforms for their ability to create jobs, in a sign of the government’s shifting attitude towards the sector. Photo: Simon Song
Hong Kong stock market

China’s narrower tech gap with US creates investment opportunities: fund managers

CEOs of Primavera Capital, Franklin Templeton tout long-term potential of Chinese stocks at first World Economic Forum event in Hong Kong.

Climate change

Opinion | China has what it takes to lead the global green steel revolution

With the right incentives, adoption of electricity-based furnaces and green hydrogen can help the steel industry reduce carbon emissions.

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US-China trade war

Chinese economist calls US trade war ‘negative-sum’ game at Boao Forum

Economists express worries over future of global trade amid the heightened tariffs and restrictive measures in Donald Trump’s second term.

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Economists have cautioned the rapid tariff increases put into place by US President Donald Trump threatens the stability and openness of global trade. Photo: Reuters
China's economic recovery

In bid to woo more foreign investors, Shanghai pledges to loosen rules

China’s financial hub is putting in more effort to attract and retain overseas capital as economic, trade landscape grows more uncertain.

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Shanghai, China’s financial capital, is redoubling its efforts to attract foreign investment. Photo: Shutterstock
China's population

Can birth subsidies save China from its looming population crisis?

China is betting big on birth subsidies to stave off a demographic crisis. But do cash payments really work?

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China shipbuilding

‘Extremely disruptive’: US plan to tax Chinese ships sparks industry backlash

Shipping bodies urged US policymakers to scrap a controversial port-fee proposal during hearings in Washington.

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