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Economy /

China Economy

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Belt and Road Initiative
Asia housing and property
US-China trade war
Cars unloaded from the ship BYD Changzhou await further movement at a port in Argentina on January 19, 2026. Photo: AFP
Electric & new energy vehicles

Chinese carmaker BYD chases 24% export growth with new models, more showrooms

Shenzhen-based company expects to sell 1.3 million cars this year outside mainland China.

China jobs

‘Invest in people’: China raises minimum wages to boost household spending

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China's population

‘Loneliness economy’: how China is adapting to a rapid rise in solo living

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China travel

Foreigners flock to China’s ice and snow sights, with 130% inbound tourism spike

Freezing temperatures will not dampen the spirits of snow seekers, as China cements its reputation as the world’s ultimate winter playground.

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The moon rises above illuminated ice sculptures during the opening ceremony of the 42nd Harbin China International Ice and Snow Festival at Harbin in northeastern China’s Heilongjiang province on January 5. Photo: AFP
The moon rises above illuminated ice sculptures during the opening ceremony of the 42nd Harbin China International Ice and Snow Festival at Harbin in northeastern China’s Heilongjiang province on January 5. Photo: AFP
China trade

Vietnam grabs bigger slice of China’s durian market as Thailand loses ground

Vietnam’s exports of the pungent fruit to China rose by US$500 million in 2025 as the country emerges as a serious rival to Thailand.

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China exports

Explainer | How are US tariffs and trade barriers redrawing China’s export map?

While exports to the US fell last year, other markets more than made up the difference.

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China food security

Rooted in resilience: how China’s seed push has planted agricultural ‘chips’

Domestic varieties claiming bigger market shares for key crops and livestock, curbing reliance on foreign sources for vital food production.

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Vegetable seedlings are examined at a greenhouse in China’s Shandong province. Chinese authorities say considerable advances have been made in the domestic seed industry over the last few years. Photo: Getty Images
Vegetable seedlings are examined at a greenhouse in China’s Shandong province. Chinese authorities say considerable advances have been made in the domestic seed industry over the last few years. Photo: Getty Images
China manufacturing

Asian CEOs feeling burden of China, US tech restrictions, survey finds

More than 40% of global CEOs ‘most concerned’ about supply chain disruptions.

China energy security

In Davos debut, Musk highlights key China advantage in AI race

China’s energy supply edge was also at the heart of a panel discussion on clean energy in Europe.

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Yuan

China lets yuan break through 7 per US dollar mark as dollar jitters grow

China’s central bank set the yuan fixing rate at under 7 per US dollar for the first time since mid-2023 as concerns over dollar assets mount.

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China’s yuan has broken through the psychologically important level of 7 per US dollar for the first time in years, as confidence in US dollar assets weakens. Photo: AFP
Electric & new energy vehicles

Major foreign carmakers set to stage a comeback in China this year: analysts

Foreign carmakers ‘will fight back because they will have the same products’ as their Chinese rivals, consultancy head Denis Depoux says.

Volkswagen workers seen at an assembly line in the German carmaker’s plant in Qingdao, in eastern Shandong province, on December 23, 2025. Photo: AFP
Volkswagen workers seen at an assembly line in the German carmaker’s plant in Qingdao, in eastern Shandong province, on December 23, 2025. Photo: AFP
China GDP

Exclusive | China to set GDP growth range, providing policy flexibility in 2026: sources

Establishing a range for the official growth target, to be revealed in March, would suggest tolerance for some deceleration amid challenges.

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China’s private sector

China’s private sector increases presence among top 100 listed firms

US think tank’s report says non-state sector is bouncing back from three-year slump.

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China energy security

China’s massive project to funnel clean energy from Tibet enters new phase

The ultra-high-voltage power lines will connect Tibet’s vast hydropower, solar and wind projects with factory hubs in southern China.

Construction workers build a power transmission line in China’s central Anhui province. China is ramping up investment in its power grid amid surging demand from the country’s artificial intelligence industry. Photo: Xinhua
Artificial intelligence

China’s ‘infrastructure first’ effort a major edge in AI arms race: Davos panel

A rapid energy buildout and strategic data centre expansion give China unique advantages in developing its AI industry.

China’s “AI Plus” panel discussion at the World Economic Forum on Wednesday included, from left, moderator Guan Xin, Tencent Holdings’ Dowson Tong, Moonshot AI’s Zhang Yutong and Nankai University’s Gong Ke. Photo: SCMP
China’s “AI Plus” panel discussion at the World Economic Forum on Wednesday included, from left, moderator Guan Xin, Tencent Holdings’ Dowson Tong, Moonshot AI’s Zhang Yutong and Nankai University’s Gong Ke. Photo: SCMP
China jobs

China’s youth jobless rate edges down – but labour market strains persist

Beijing vows to prioritise job market in 2026, the first year of new five-year plan.

World Economic Forum (WEF) in Davos

‘No choice’: China seen eyeing consumption as a route out of export reliance

Beijing’s policies seen putting income growth above GDP, with investments in social welfare, future tech and advanced manufacturing to spur internal demand.

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US-China trade war

Chips, soybeans, tariffs: what’s on tap for US-China talks before a Trump visit?

Analysts expect any pre-summit talks to focus on deliverables such as easing semiconductor curbs and boosting agricultural sales, setting the stage for Xi and Trump.

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A discussion about stepping up trade in artificial intelligence chips may be on the cards in potential US-China talks before the next in-person meeting involving presidents Donald Trump and Xi Jinping. Photo: Shutterstock
A discussion about stepping up trade in artificial intelligence chips may be on the cards in potential US-China talks before the next in-person meeting involving presidents Donald Trump and Xi Jinping. Photo: Shutterstock
US-China relations

US losing out to China with ‘onslaught’ on cutting-edge research: Nobel laureate

America risks losing the tech race to China unless it elects a government more supportive of scientific research, Nobel-winning economist says.

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Low-altitude economy

Shanghai to open ‘free-to-fly’ zones covering 46% of city for consumer drones

From February 1, consumer drones will be allowed to fly in designated airspace under new rules to boost the city’s low-altitude economy.

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China exports

How China is rethinking export-led growth as global trade walls rise

Protectionism is forcing a shift towards balancing exports with outbound investment, analysts say.

China’s trade surplus reached a record high in 2025, raising the risk of renewed trade frictions with partners and paving the way for a potential recalibration in Beijing. Photo: Shutterstock
Artificial intelligence

Beijing outlines tech push with focus on AI, 6G, humanoid robots

Tech ministry’s plan targets breakthroughs in AI models, agents and chips, as well as AI’s spread into diverse sectors.

A child interacts with a robot at a store in Shenzhen, in south China’s Guangdong province, on January 16, 2026. Photo: Xinhua
A child interacts with a robot at a store in Shenzhen, in south China’s Guangdong province, on January 16, 2026. Photo: Xinhua
China trade

China should leverage buying power to boost yuan’s use, former PBOC adviser says

With the yuan’s fixing at fresh 2023 highs and US dollar uncertainty rising under Trump, Beijing is urged to expand yuan-settled imports to internationalise its currency.

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China trade

China has tools to step up trade curbs on Japan amid tensions: Morgan Stanley

But Beijing is likely to conclude that further action would be counterproductive, according to the investment bank.

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China trade

China’s zero-tariff gambit: why Beijing is slashing duties as Trump raises them

China’s average effective tariff rate estimated to be as low as 1.3 per cent in 2025, helping it secure raw materials and build soft power.

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Chinese President Xi Jinping and African leaders arrive at a forum on China-Africa cooperation in Beijing. China has pledged to cut tariffs on most African imports to zero. Photo: Xinhua
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