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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.
US and Chinese flags. Illustration: Reuters
US-China relations

Beijing’s emphasis on security weighing on US firms’ optimism: AmCham China

White paper recognises improvements and incremental advances, but says data security rules a concern.

China energy security

China targets greener AI data centres, heavy industry to meet 2030 climate goals

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China energy security

Nuclear power revival gets boost from Iran war

China travel

More bookings, shorter trips: Chinese adjust to pricier fuel for May holiday

Domestic flight bookings up about 8 per cent and domestic package-tour reservations up about 10 per cent, survey finds.

Chinese tourists wearing traditional Thai costumes shield themselves from the sun at Wat Pho, the Temple of the Reclining Buddha, in Bangkok on April 14. Photo: EPA
China trade

Canton Fair defies global trends as overseas buyers flock to buy robots, drones

Foreign buyers queue up to test the latest technological hardware at China’s largest trade show despite softening international demand.

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China exports

How a Chinese plastics hub shapes Tesla’s supply chain – and moulds the modern world

From car components to keyboards, this little-known industrial district in eastern China is crafting the small parts the world relies on.

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China exports

‘Bigger winners’: why China’s battery firms stand to gain from the Iran war

Manufacturers are expected to see stronger overseas orders even as price wars hurt profits at home.

A worker at Henan Pude New Energy Technology assembling lithium-ion batteries in Sanmenxia city, Henan province, China, on March 12. Photo: Getty Images
China's economic recovery

China to fuse software and steel with US$14tr sector to enhance manufacturing

Beijing is overhauling ‘producer services’ with upgrades and more specialisation to avert deindustrialisation and anchor advanced manufacturing.

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China travel

2,700 China-Japan flights axed in March as rift between Asian powers deepens

Nearly half of the planned flights between China and Japan were cancelled last month, as Beijing and Tokyo remain locked in a diplomatic feud.

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China trade

Learn from the East, says economist Justin Lin, refuting ‘overcapacity’ rhetoric

Former World Bank economist defends Beijing’s industrial strategy amid ‘overcapacity’ allegations, points to Germany and a ‘double standard’.

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Justin Lin Yifu, dean of the Institute of New Structural Economics at Peking University, is seen at last month’s Boao Forum for Asia Annual Conference 2026 in China’s Hainan province. Photo: Xinhua
China-EU relations

China’s CRRC drops bid for Lisbon metro deal as EU finds ‘billions’ in subsidies

Polish firm to replace state-backed Chinese giant as Brussels uses regulatory powers to curb what it says is market-distorting foreign aid.

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Workers operate on a production line at an assembly workshop of CRRC Zhuzhou Locomotive in China’s Hunan province. Photo: Xinhua
China energy security

China confronts Middle East supply shock, as State Council mulls energy strategy

Premier Li Qiang urges ‘bottom-line mentality’ to secure power as Beijing sees coal and Russian gas among options to offset reliance on imported crude.

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Artificial intelligence

Crypto industry sees AI-driven agent economy as next growth driver

Experts gather in Hong Kong for Web3 Festival as firm predicts AI agents could facilitate up to US$5 trillion in global crypto sales by 2030.

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China energy security

China’s vast nuclear power sector now able to build 50 reactors at a time

China has more reactors under construction than the rest of the world combined, as it aims to become a global leader in nuclear power.

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A view of the Taipingling nuclear power project in China’s Guangdong Province. Photo: Xinhua
China stock market

Outlook for China stocks brightens on capital flows, rebounding home prices

Resilience shown since start of Middle East war likely to continue amid haven demand, according to fund managers and investment banks.

People walk near a screen showing stock exchange and economic data in Shanghai on April 20, 2026. Photo: EPA
China jobs

China’s youth unemployment crunch deepens as record graduation season looms

China’s official youth jobless rate climbed to 16.9 per cent in March, with another 12.7 million graduates set to enter the job market this summer.

Electric & new energy vehicles

Jump in EU EV sales amid Iran war boosts Chinese brands’ fortunes

Chinese-made EVs accounted for 16 per cent of the EU market in the year’s first two months, up from 12.2 per cent in 2025, CPCA data shows.

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China energy security

Turning point? Clean energy met 100% of world’s new power needs in 2025: report

World has ‘firmly entered’ the clean growth era, with renewables overtaking coal as a power source for the first time last year, report finds.

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Workers install solar panels in China’s eastern Jiangsu province. Photo: Reuters
US-China trade war

US firms dash to recover tariffs paid on Chinese imports as refund system starts

Companies scramble on Monday to recover illegally collected tariffs from US government as thousands rush to file claims.

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China energy security

‘Hormuz moment’ could herald decline of US dominance: analysts

Drawing comparisons with UK’s watershed ‘Suez moment’ in 1950s, report says US now ‘wedged’ in strait and searching for a way out.

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China energy security

As the Hormuz crisis exposes ‘fragile’ supply chains, how will China respond?

Beijing has so far managed to contain fallout from the Iran war – but policymakers are still moving to reinforce resilience.

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A person points at a page on the Marine Traffic website that shows commercial boats traffic on the edge of the Strait of Hormuz near the Iranian coast, in Paris on March 4. Photo: TNS
China trade

China presses IMF for quota reform, better surveillance of advanced economies

PBOC head urges IMF to ‘stand against protectionism’ amid effects from tariffs, Iran war.

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PBOC governor Pan Gongsheng appears with Kristalina Georgieva, managing director of the IMF. Photo: handout
China GDP

First tariffs, now war: how Asia is facing a second year of economic shocks

Global institutions forecast slower growth in Asia-Pacific this year, as the Iran war and tariff risks combine to disrupt global trade.

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China airliners

‘Not compromising quality’: why China’s C919 is falling behind on deliveries

Deliveries of the home-grown airliner billed to take on US, European competitors have been slow, with just three dispatched in the first quarter.

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China jobs

Shanghai mobilises seniors to work longer amid China’s demographic crisis

With one in three residents above retirement age, Shanghai’s 28-department plan aims to mobilise retirees to offset shrinking payrolls and rising pension strains.

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A group of older Chinese people gather at Shanghai’s Fuxing Park. The city is now encouraging seniors to return to work. Photo: Shutterstock
China technology

Letters | Chinese motorcycle brand ZXMOTO’s victory more than a sporting achievement

Readers discuss ZXMOTO’s wins in the WorldSSP class of the Superbike World Championship, and the connection between competition for oil and the space race.

Riders Valentin Debise (right) and Federico Caricasulo (left) pose with Zhang Xue, founder of Chinese motorcycle manufacturer ZXMOTO, at the Phillip Island Grand Prix Circuit in Australia on February 20, 2026. Photo: Xinhua
Renewable energy

China begins building US$1 billion hydropower station in Cambodia

As focus switches to renewable energy, pumped-storage hydropower project in Koh Kong province expected to be completed by 2029.

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Electric & new energy vehicles

Why Canadians dream of electric vehicle price cuts, thanks to China

Canada slashed tariffs on Chinese EVs from the start of last month, but Chinese brands have yet to set up showrooms.

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