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TOPIC

China's economic recovery

Related Topics:
China economy
Chinese tourists
China's economic recovery
This topic charts China's economic recovery as it, in 2023, enters an era of slower growth, along with an ageing and shrinking workforce, weak consumer demand and a property market downturn.
Open Questions series

80 years on from WWII, China’s interests lie in peaceful Asia-Pacific: Mitter

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Illustration: Lau Ka-kuen

‘Delusional’: Jeffrey Sachs on why Western hegemony has ended

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Illustration: Henry Wong

Scholar Jing Qian on right-sizing China’s economy in the age of Trump

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Illustration: Lau Ka-kuen

US-China rivalry doesn’t have to be a zero-sum game: Jessica Chen Weiss

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Illustration: Victor Sanjinez

China’s rise, potential recession, no WWIII yet: 11 key interviews from 2024

Illustration: Victor Sanjinez

80 years on from WWII, China’s interests lie in peaceful Asia-Pacific: Mitter

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17
Illustration: Lau Ka-kuen

‘Delusional’: Jeffrey Sachs on why Western hegemony has ended

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92
Illustration: Henry Wong

Scholar Jing Qian on right-sizing China’s economy in the age of Trump

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40
Illustration: Lau Ka-kuen

US-China rivalry doesn’t have to be a zero-sum game: Jessica Chen Weiss

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29
Illustration: Victor Sanjinez

China’s rise, potential recession, no WWIII yet: 11 key interviews from 2024

Illustration: Victor Sanjinez
MORE FROM THIS SERIES
China is striving to rebalance its economy by boosting consumption, but economists argue that the country’s tax system does not incentivise local authorities to focus on developing their consumer markets. Photo: Shutterstock
China consumption

China urged to overhaul its tax system to boost consumption

China’s current value-added tax regime is undermining Beijing’s efforts to rebalance the economy towards consumption, economists argue.

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China consumption

Beijing urged to curb ‘free milk tea’-style cash burn in e-commerce battle

Shanghai

Shanghai plans housing upgrade drive in a boost for consumption, investment

China property

China property: Shanghai, Shenzhen could follow Beijing by dropping buying curbs

Policy change will have limited impact but could help stabilise Beijing home prices, Morningstar and Fitch analysts say.

An airliner flies over a residential building in Beijing on July 13, 2025. Photo: AP Photo
China birth rate

Why China’s baby subsidies may help poorer regions – and how they stack up in Asia

But the universal cash transfers could have a bigger impact on consumption levels than the number of births, some analysts say.

China consumption

Gen Z’s passion for live performances drives nighttime consumption in Shanghai

In its Night Economy 2.0 initiative, the city government has announced a series of events dubbed ‘Wonderful Night Shanghai’.

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China travel

Europe is expecting a wave of Chinese tourists. Should it thank Donald Trump?

The US president and a resilient domestic economy are boosting the continent’s appeal – but visas and limited flights remain challenges.

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Chinese tourists take selfie in front of Opera Garnier in Paris, France on September 28, 2019. Photo: Anadolu Agency via Getty Images
China consumption

China’s consumer prices flat in July, while producer deflation persists

CPI reading beats market expectations, but data suggests demand remains weak amid trade turbulence.

China manufacturing

China’s steelmakers cool competitive fires as price war cuts profit margins

Facing chronic oversupply and government demands to end a cost-cutting race to the bottom, China’s steel industry looks for solutions.

China GDP

China should keep GDP growth between 4.5% and 5% for next 5-year plan: scholar

In a Communist Party journal, a professor argues a GDP growth range of 4.5 per cent to 5 per cent would be necessary to reach a 2035 benchmark.

China’s gross domestic product growth remains an important benchmark for the country’s economic health. Photo: AFP
China debt

As China defuses its time bomb of debt, US hears the ticking intensify

Why do analysts see America’s debt situation as ‘more concerning’, and why is China’s situation a ‘big advantage’?

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US President Donald Trump signed his “Big Beautiful Bill” into law last month, raising the debt ceiling by US$5 trillion. Photo: Getty Images
China exports

China’s exports defy trade war headwinds in July as growth surges to 7.2%

China’s exports beat market forecasts in July as rising shipments to Europe, Africa and Latin America offset the impact of US tariffs.

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China's population

China records surprise jump in marriages, raising hopes of births rebound

Beijing is striving to encourage more young people to get married and have children as it bids to arrest the country’s demographic decline.

Mainland China

‘Progress’: China’s campaign to ease local government debt scores first big win

Local authorities turned to heavy borrowing after the 2008 financial crisis, forcing Beijing to take action.

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Residential buildings under construction in the Kangbashi district of the town of Ordos, south of the city of Dongsheng in China’s Inner Mongolia autonomous region. Photo: Reuters
China consumption

China’s economists weigh pros and cons of consumption benchmarks

With internal demand becoming even more important to China's long-term planning, scholars have suggested making consumption a headline figure.

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Domestic consumption has taken on new importance for China’s economy as the international trade landscape grows murky. Photo: Xinhua
China’s private sector

China’s top court showcases how landmark private sector law is being enforced

The highlighted cases mainly focus on disputes between private and state-backed firms – and come as Beijing seeks to shore up its economy.

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China economy

Opinion | China needs smarter, not less, investment to unlock household demand

The idea that investment and consumption are in zero-sum tension overlooks how confidence, not income, is the true bottleneck.

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China food security

China wants people to eat more high-quality beef, unveils quality-grading system

Agriculture official says Chinese people’s diets are not well balanced, contends they need more high-quality proteins, as Beijing looks to beef up the industry.

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China will implement a quality-grading system for locally produced beef to promote consumption of high-quality versions of the meat. Photo: Xinhua
China’s economic stimulus

New committee, bailout talk: is China launching a fresh property rescue effort?

China’s central bank has set up a new ‘financial stability committee’ and pledged to defuse risks in key regions and institutions.

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Yuan

China eyes bigger global role for yuan as US dollar stability questioned

The shifting international monetary order is giving Beijing new room to expand its influence, analysts say.

China jobs

China’s youth seek stability over entrepreneurship as economy lags

In a survey, ‘entrepreneur’ was ranked lower in preference than ‘freelancer’ and other jobs, suggesting change in mindset for China’s Gen Z.

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China’s youth are beginning to look away from entrepreneurship and into more stable opportunities, according to a recent survey. Photo: Xinhua
China consumption

Passion, pride and live pigs: inside China’s booming local basketball league

Zhejiang’s new league – dubbed the ‘ZheBA’ – is part of a wave of Chinese sports leagues going viral by tapping into local pride and culture.

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A pair of chickens are driven around the court in a remote control car during a ZheBA game in Taizhou, Zhejiang province on July 18. The amateur basketball league often uses games to promote cities’ local produce and livestock. Photo: Handout
China consumption

More than just fun: how China is using theme parks to fuel consumer spending

Stagnant wages, job uncertainty and rising living costs have not stopped families from treating their children to feel-good outings, analysts say.

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US-China trade war

China rebukes protectionism after US tariff barrage, warns it will harm everyone

Analysts weigh in on the impact of Washington’s new tariffs on 69 trade partners, but ‘plenty of questions unanswered’.

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China consumption

China doubles down on consumer subsidies to spur household spending

The announcement came in the same week that Beijing’s top leadership called for greater efforts to unlock domestic demand.

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A salesperson introduces products and government subsidies to a consumer at a Suning chain store, a leading home-appliance retailer, in Wenzhou city, east China’s Zhejiang province on November 11, 2024. Photo: Xinhua
China GDP

Guangzhou and Shenzhen, once China’s growth engines, report GDP underperformance

Southern powerhouses report lower growth rates for first half of 2025, with analysts citing trade and property challenges as the cause.

Shenzhen, China’s southern tech hub, has reported lower GDP growth rates than the national average for the first half of 2025. Photo: Dickson Lee
China economy

China’s leaders breathe easier on economy despite risks

Politburo’s steady-as-she-goes approach contrasts with a year earlier and comes despite slowdown in manufacturing and trade war with US.

US-China trade war

China’s factory activity unexpectedly worsens as exports stumble

Factory activity fell to a six-month low in July as signs emerged that China’s exports are slowing despite a ‘tariff truce’ with the US.

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