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China
The latest news, analysis and opinion on China. In-depth analysis, industry insights and expert opinion.
Capital
Beijing
Head of State
President Xi Jinping
Head of Government
General Secretary Xi Jinping
last updated:
29 November, 2024
Shachuhaku enthusiast Po Siu, with his modified mobile home during a camping trip in Hong Kong. Photo: Po Siu
Hong Kong society

More Hongkongers consider RVs as popularity of road camping on mainland grows

Adopting a Japanese trend, residents are modifying vehicles or buying purpose-built ones for camping trips on mainland they say shatters stereotypes.

Digital currencies

As stablecoin bill advances in Hong Kong legislature, advocates trumpet it

China stock market

China’s stocks dip as traders await clarity on stimulus amid holidays

Huawei

Huawei’s latest phones still rely on South Korean memory chips

While Huawei has used Chinese memory chips in other handsets, the Mate 70 series features products from SK Hynix, a teardown analysis shows.

A visitor looks at Huawei’s latest Mate 70 smartphone series at a flagship store in Beijing. Photo: Reuters
China's economic recovery

A song of ice and snow: China’s Harbin and the winter economy push

A plan for developing China’s snow and ice economy includes extending the duration of visa-free transit stays.

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US-China relations

What fate awaits undocumented Chinese migrants in the US under Trump?

President-elect’s plan unlikely to affect recent wave of border crossers who entered during the Biden administration, at least initially.

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International Property

Chinese firms seek European base for factories amid trade tensions, tariffs

European industrial real estate developer CTP expects increased demand from Chinese firms that do not want to get caught in the trade war.

Chinese EV maker Nio has leased nearly 10,000 square metres of space from CTP in Budapest. Photo: CTP
China stock market

Buy or wait? Consumers put Beijing on hook for more rescue subsidies

Retailers fret about weak sales while ‘greedy’ consumers hold out for bigger subsidies from Beijing next year.

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Banking & finance

Hong Kong employers seek more relationship managers and data analysts next year

Human resource professionals also say customer due diligence officers are in demand.

China’s economic stimulus

China’s finance ministry vows measures to boost consumption and investment

Other priorities set out at meeting include strengthening supply chains, more fiscal backing for tech-focused start-ups, and more aid to businesses facing difficulties.

A woman poses next to a Christmas tree in a shop selling Russian products in Wuhan, Hubei province, on Sunday. Photo: AFP
Foxconn

Foxconn invests in EV battery plant in China’s iPhone city

The US$82 million capital injection marks the Taiwanese giant’s latest foray into the electric-vehicle sector.

The Foxconn building in Taipei. Photo: Reuters
Hong Kong property

Shimao slashes Hong Kong hotel price by 25% to speed up restructuring

Mainland Chinese developer is asking HK$4.5 billion (US$579 million) for the asset, down from HK$6 billion in March 2023, according to a source.

US-China tech war

Chinese surveillance tech firm Dahua exits projects in Xinjiang

The company was added to a US trade blacklist in 2019 on claims it aided in human rights abuses in Xinjiang.

Hong Kong property

Mainland Chinese retailers make their presence felt in Hong Kong

China’s largest coffee chain opens first outlet in the city as it goes up against US rival Starbucks.

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Luckin Coffee, China’s biggest coffee chain, has expanded into Hong Kong. Photo: China News Service via Getty Images
Hong Kong stock market

Hang Seng Index closes above 20,000 on mainland Chinese buying

The benchmark gained 1.1 per cent, the most in nearly two weeks, while the turnover on the exchange was 14 per cent below average.

Hong Kong stocks rallied as Chinese investors continued to pump money for a sixth consecutive day. Photo: Shutterstock
China economy

My Take | China’s extended visa-free tourist stays drive momentum for opening

Its latest foreign-visitor policy shows that China is willing to be pragmatic, rather than adhering strictly to ideologies.

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China energy security

As use of roof solar panels becomes more common in China, can the grid keep up?

‘Distributed’ solar power generation on roofs of houses, factories and airports is spreading across country, but curtailment rate is also rising.

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Science

China-born biologist Wang Cunyu returns from decades in US to head institute

Wang was recognised by Science magazine in 1996 for his work on cancer cell death.

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Wang Cunyu, a member of the US National Academy of Medicine, left China for the US in 1990. He has returned to develop Peking University’s Institute of Advanced Clinical Medicine. Photo: Handout
Smartphones

China’s foldable smartphone shipment growth slows amid global dip in demand

Huawei remains the bestselling foldable smartphone vendor in China, accounting for around half of total domestic shipments.

Robotics

China’s industrial robot sales shrink on ‘tightening demand’

Total industrial robot deliveries this year are estimated to reach 300,000 units, down 5 per cent from 2023.

China property

Builder Jinke Property reveals details of court-supervised debt restructuring plan

Jinke expects to reduce its liabilities-to-assets ratio to around 30% from more than 90%.

A mother held her child with high-rise buildings and a construction site in the background in Chongqing. Photo: Getty Images
Shenzhen

Hongkongers find lure of Greater Bay Area’s attractions hard to resist: survey

Hong Kong residents are flocking to the Greater Bay Area for shopping, hot springs and more, attracted by cheaper prices and new experiences.

Hongkongers head to Shenzhen via Lo Wu station during the National Day holiday in October. Photo: Eugene Lee
Environment

Chinese village’s sinkhole nightmare continues with kitchen floor collapse

Coal mines ‘part of the problem’ as authorities promise help for displaced villagers after 32nd subsidence since August 2023.

Insurance

Cigna seeks mainland China partnerships as Hongkongers go north to get treatment

An ageing population and shortage of doctors have led more Hongkongers to go north to get medical treatment, Cigna’s Hong Kong CEO says.

International Property

Dubai developers escalate efforts to sell properties to rich Chinese

Buyers are attracted to UAE city’s attractive rental yields and golden visa programme.

The Palm Jumeirah in Dubai. Photo: Agence France-Presse
TikTok ban

Trump favours keeping TikTok in US after ‘billions of views’ during election

US president-elect offers strongest signals yet that he opposes a potential exit of TikTok from the US market.

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US President-elect Donald Trump at AmericaFest in Phoenix, Arizona, on Sunday. Photo: Reuters
Crime in Hong Kong

Hong Kong police arrest man linked to 13 burglaries, mostly at kindergartens

Police warn they will step up patrols over holiday season, with 46-year-old suspect accused of carrying out burglaries in seven-month period.

Business of climate change

Hang Lung pushes for faster decarbonisation in construction sector

Developer urges quicker regulatory progress and pilot programmes to expedite low-carbon material adoption, vital for decarbonising the sector.

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