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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.
China has broken ground on a 50-megawatt concentrated solar power plant in Tibet at an altitude of 4,550 metres (14,900 feet), making it the world’s highest-altitude parabolic trough solar thermal facility. Photo: handout
China energy security

China starts work on solar plant under extreme conditions, amid energy crisis

Beijing will build the world’s highest-altitude parabolic trough solar thermal facility on the Tibet Plateau to diversify power sources.

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China food security

Beyond Russian oil, China also increases appetite for Ukrainian wheat flour

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Yuan

China’s yuan may be going global faster than Western data suggests, analysts say

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Mainland China

Letters | Can China pursue tech self-sufficiency and market openness at once?

Readers discuss the implications of China’s five-year plan on Southeast Asia, and AI and journalism.

Chinese Premier Li Qiang delivers a work report during the opening session of the National People’s Congress at the Great Hall of the People in Beijing on March 5. Photo: AFP
China GDP

Open Questions | Andrew Tilton on China’s economic trajectory in wake of Iran war

Goldman Sachs’ chief Asia-Pacific economist says worst is over in terms of property slump’s impact on China’s economic growth.

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China consumption

China’s luxury spending seen boosting global sales in 2026 despite headwinds

Affluent Chinese consumers are expected to splurge, though a volatile property market and oil price shocks pose challenges, analysts say.

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China property

From ghost to giant: long skyscraper saga nears finish amid China property woes

Once deemed a ‘ghost tower’ and a benchmark of unfinished projects, the 596-metre building’s state-backed revival reflects efforts to rebuild confidence in fragile market.

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On March 28, the first component of a diamond-shaped crown was hoisted to the rooftop of the Goldin Finance 117 skyscraper in the Chinese city of Tianjin. Photo: Xinhua
Artificial intelligence

How can Beijing lure top-tier Chinese AI professionals based abroad?

Strategy would help country transition from ‘major trainer’ of talent to ‘development highland’ as tech competition with US intensifies.

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Tianjin

Japanese chains lose ground in north China as competition and deflation bite

Store closures in Beijing and Tianjin highlight mounting pressure from domestic rivals amid shifting consumer habits.

China technology

China’s GPS rival, BeiDou, dominates at home. Now, it aims to convert the world

China is overhauling its home-grown satellite navigation system as part of a push to expand the network’s global influence.

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A display shows the design of the BeiDou satellite navigation system in eastern China’s Shandong province. Photo: Getty Images
Artificial intelligence

Competition or ‘co-opetition’: how is convergence shaping Sino-US AI race?

Speech by CEO of Chinese AI start-up at Nvidia event in US highlights symbiotic nature of tech relationship despite geopolitical tensions.

Illustration by Victor Sanjinez
China-Australia relations

Australia’s 180-degree shift from 5 years ago: China in favour; US out

Aussie comedian exposes the truth about nation’s feelings towards US president, democracy and public safety.

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US-China relations

Washington launches export initiative to ensure ‘future of AI’ is led by US

Chinese competitors targeted as US companies invited to form consortiums to offer full-stack AI solutions around the world.

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China energy security

Chinese airlines shed weight, add flights over Russia to trim fuel costs

Some carriers have even removed non-essential items like in-flight magazines from their planes.

An Air China plane at Moscow’s Sheremetyevo Airport. Photo: Shutterstock
Electric & new energy vehicles

Leapmotor targets global growth with Europe R&D hub, eyes Canada assembly

Chinese EV maker lifts overseas sales target as rising fuel costs and easing tariffs boost demand abroad.

A Leapmotor C10 model car is displayed at a showroom in its headquarters in Hangzhou. Photo: Getty Images
China-Latin America relations

Rubio raises concerns over China’s detention of Panama-flagged ships

Panama’s decision to strip Panama Ports Company of its concessions is a test of US backing for countries challenging China, experts say.

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US-China trade war

As Xi-Trump summit approaches, tariffs continue to choke direct trade

Deficit with mainland hits two-decade low as trade shifts to Taiwan, Mexico and Vietnam amid tariff fallout and efforts to stabilise ties.

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China GDP

‘False proposition’: state media hits ‘China shock’ as cover for Western anxiety

The state-run Economic Daily says the real problem with the global economy is not China’s strong exports, but rising protectionism.

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Large numbers of cars and containers are stacked at a port waiting for export in China’s eastern Jiangsu province. Photo: AFP
China energy security

Open Questions | Iran war to test China’s self-reliance, Goldman Sachs economist says

Andrew Tilton, Goldman’s chief Asia-Pacific economist, on Iran conflict’s impacts, why exports continue to drive China’s growth and an end to its housing slump.

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China energy security

Chinese airline regulator faces dilemma as Iran war sends fuel costs soaring

Pending announcement from regulator, two airlines reveal plans for sixfold increase in surcharges.

China property

Opinion | Reinflate the property sector? No, China wants an ambitious redesign

Beijing is attempting a difficult pivot: transforming real estate from a debt-driven growth engine into a pillar of a consumption-led economy.

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Flats under construction in Nanjing, Jiangsu province, in eastern China on February 13. Photo: AFP
China-Latin America relations

Brazil exporters bypass local banks to tap China’s US$1 trillion Sinosure fund

As Brazilian interest rates price out local lenders, Sinosure is quietly reshaping how Chinese goods reach the market.

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Brazilian importers buying from China are turning to the state-owned Chinese credit insurer, Sinosure, to sustain trade flows that reached US$158 billion in 2024. Photo: Shutterstock
China trade

Qiushi reaffirms China’s trade push, calls old export-led growth ‘unsustainable’

Global tensions, weak high-end exports, and record trade surpluses are spurring a strategic shift to boost imports, develop services trade and deepen market integration.

Mainland China

Opinion | Global businesses are piling back into China, drawn by its stability

For all its structural challenges, China offers something the West no longer seems to: policy continuity and a sense of stability.

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China energy security

Australia and Japan face jet fuel supply crunch as China cuts exports

Both Australia and Japan are heavily reliant on Chinese jet fuel, but shipments have plunged in recent weeks amid the Iran war.

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Qantas is already raising airfares as Australia faces a jet fuel supply crunch amid the US-Israel war on Iran. Photo: AFP
China travel

China builds record-breaking underwater tunnels to unite eastern, western hubs

China is building new high-speed rail lines that dive underneath major waterways, providing fast services without disrupting shipping traffic.

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China is building a high-speed rail tunnel stretching more than 14km (9 miles) under the Yangtze River between Shanghai and Taicang, Jiangsu province. Photo: People’s Daily
China property

Top Chinese developers’ losses mount as debt overhaul props up operations

Analysts say subdued demand and cautious buyers persist, with one-off debt restructuring masking deeper losses in the sector.

Chinese culture

As I see it | Why China is always misunderstood and misrepresented

By insisting on the superiority of its own standards of judgment and experience, the West distorts the realities of other societies.

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