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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.
The gig workforce in China includes food delivery drivers, an industry known for its intense demands. Photo: Getty Images
China's economic recovery

China warns internet platforms not to shift tax burden onto gig workers

Celebrities and high-profile influencers also under scrutiny, with regulators pursuing hundreds of such cases in recent years.

China stock market

New China guidelines to base asset managers’ pay on the performance of funds

China trade

Chinese minister calls for more opening-up as key planning meeting looms

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China-EU relations

Macron’s trade ultimatum to China goes public: fix surplus or face tariffs

French president says EU could copy American protectionism, warning that a lopsided flow of goods results in China ‘effectively killing their own customers’.

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President Xi Jinping and French President Emmanuel Macron are seen here at a Unesco World Heritage site in Dujiangyan, Sichuan province, on Friday. Photo: AFP
China's economic recovery

China’s Politburo pledges action to tackle trade ‘struggles’ in 2026

Analysts said the decision-making body’s phrasing on the international trade environment suggests a cautious stance next year despite US truce.

Made in China 2025

Exclusive | China’s oldest shipyard Jiangnan plans world’s first nuclear-powered vessel

Construction on 25,000-container ship could start in the next 10 years, but a lot remains to be done, a top executive says.

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China jobs

Open Questions | Economist Huang Yiping on why China’s AI push must be ‘job-oriented’

Dean of Peking University’s National School of Development says ‘balance’ needed in AI development to protect employment, ‘human well-being’.

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Illustration: Lau Ka-kuen
China-Russia relations

Chinese firms gear up for Russia’s reopening amid talks aimed at peace deal

Many Chinese exporters expect the first wave of post-war demand in Russia to come from infrastructure.

Shenzhen

China’s land-starved Shenzhen moving massive landfill to make more space

At the centre of the city, where open land is scarce, trucks are removing 6,000 cubic metres of waste a day to free up 30 valuable hectares.

China consumption

Flash in the pan: how China’s plant-based meat craze fizzled

The closure of Beyond Meat’s China business, despite heavy financing and marketing, underscores challenges that scuppered many vegan meat firms.

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Beyond Meat burger patties on sale in New York. Photo: Reuters
Artificial intelligence

How China’s solopreneurs are using AI to crack a tough job market

Armed with a variety of AI tools, a new breed of young entrepreneurs forges a path in a challenging economy.

AI is helping China’s solopreneurs pursue business dreams without the necessity of deep pockets and large teams. Photo: Xinhua
Blockchain

Chinese industry bodies issue RWA tokenisation warning amid Beijing’s crackdown

This was the mainland associations’ first warning to members as Chinese authorities have explicitly targeted RWA tokenisation.

China airliners

A Chinese home-grown business jet is on the way. Will it rival Gulfstream?

China’s state-owned aircraft maker is stepping up efforts to break into the business jet market with its CBJ model.

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US-China relations

Why China may be better placed than US in tussle for rare earths

While Beijing has long engaged with resource-rich nations, Trump’s Washington is seen as more ‘aggressive’ and reactive.

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Illustration: Lau Ka-kuen
China-Latin America relations

Trump’s national security blueprint aims to combat China’s rise in Latin America

Framework pledges to stop competitors from threatening the stability and political alignment of neighbouring countries in the region.

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US President Donald Trump unveiled a new national security blueprint on Friday, prioritising US dominance in the Western Hemisphere. Photo: EPA
US-China trade war

As China defies US tech blockade, can local AI chipmakers capture Nvidia share?

Vast pool of engineering talent seen as a potent driving force for country’s challenge to US tech supremacy.

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China GDP

China’s economic focus in 2026: what to expect as leaders prep for major meeting

Growth of ‘around 5 per cent’ may be revised to between 4.5 and 5 per cent, analysts say, as leadership gears up for tone-setting conference.

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China property

Chinese developer Country Garden gains Hong Kong court-backed debt lifeline

Onshore and offshore restructuring plans expected to reduce debt by US$12.7 billion and ease repayment pressure over the next five years.

The approval of the plans marks a new phase for Country Garden, according to an analyst. Photo: Reuters
Banking & finance

China’s risky shadow banks back in spotlight after debt crackdown

Entities owned by local governments are borrowing billions from trust companies and leasing firms at rates of 8 per cent or higher, sources say.

China exports

Waste to wealth: why China is building incinerators around the world

China’s economic slowdown has left its waste-to-energy sector without enough trash to burn. So, companies are heading overseas.

Banking & finance

CSRC vows deeper reforms to open China’s capital market and boost tech listings

CSRC chairman Wu Qing outlines ‘deep transformation’ of capital market to attract long-term investors who ‘can stay and can develop well’.

The Chinese capital market requires a “deep transformation” to enhance its “inclusiveness and adaptability”, says Wu Qing. Photo: Reuters
Mainland China

Chinese shipyards shift focus to advanced vessels as rivals gain ground

Chinese shipbuilders accounted for 65 per cent of global orders in the first three quarters, down from nearly 75 per cent a year earlier.

A model of China’s polar research icebreaker Xuelong 2, or Snow Dragon 2, is displayed at the Marintec China exhibition at the Shanghai New International Expo Centre in Shanghai. Photo: Xinhua
China exports

Why China sees Brazil as ‘last untapped blue ocean market’ for investment boom

Chinese investment in Brazil is soaring as firms eye the vast potential growth in South America’s ‘blue ocean market’.

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China trade

Explainer | The return of Red Sea shipping: 3 scenarios for Chinese trade

Houthi rebels have signalled a halt in attacks on commercial ships in the Red Sea, allowing a possible end to costly detours.

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China-EU relations

As Macron eyes China deals to revive industry, trade shows tables have turned

China once exported cheap goods to Europe – now, French leader urges its firms to transfer tech expertise.

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France’s President Emmanuel Macron looks on next to President Xi Jinping following a signing ceremony for agreements at the Great Hall of the People in Beijing on December 4. Photo: AFP
China trade

‘Strong breakwaters’: China’s central bank vows to shield from external shocks

Governor Pan Gongsheng says policy must prioritise the domestic economy, warning against ‘excessive policy swings’ that could undermine long-term stability.

People’s Bank of China governor Pan Gongsheng has said that monetary policy must balance internal and external pressures. Photo: Getty Images
Electric & new energy vehicles

EU launches 1st formal review of Chinese EV tariffs after VW Anhui’s submission

Bloc’s acceptance of a narrow review process from a manufacturer may give others hope that tariffs could be reduced or removed.

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Open Questions series

Open Questions | Huang Yiping on AI and stablecoins’ risks and rewards for China

Influential economist says growth in artificial intelligence must protect livelihoods and Chinese central bank’s cryptocurrency caution is warranted.

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