Amanda Lee

Beijing

Amanda Lee

Correspondent

Beijing-based correspondent Amanda Lee covers markets and the economy for the Post, with an interest in China's economic and social landscape. A graduate of the London School of Economics, she joined the Post in 2017 and has previously worked for Thomson Reuters and Forbes.

Show more

Latest from Amanda Lee

US-Japan alliance restricting vital tech exports to China risks ‘major impact’ on trade, supply chains

Tokyo and Washington are reportedly mulling a multilateral framework to regulate exports of advanced tech to China, a move experts say risks severe damage to Japan-China relations.

Tokyo and Washington are reportedly mulling a multilateral framework to regulate exports of advanced tech to China, a move experts say risks severe damage to Japan-China relations.

2 hours ago
China GDP: city in eastern Anhui province facing ‘win or die’ situation after economy failed to grow in 2021

Bengbu city in China’s eastern province of Anhui had set a gross domestic product growth target of 8.5 per cent last year, but its retail sales, fixed asset investment, manufacturing and service industries all missed their targets by a large margin.

Bengbu city in China’s eastern province of Anhui had set a gross domestic product growth target of 8.5 per cent last year, but its retail sales, fixed asset investment, manufacturing and service industries all missed their targets by a large margin.

22 Jan 2022 - 4:15AM
China balks at Biden’s insistence on maintaining Trump-era tariffs, while think tank urges ‘recoupling’

Commerce ministry says removing Washington’s punitive tariffs is ‘conducive to the recovery of the global economy’, but President Joe Biden says ‘we’re not there yet’.

Commerce ministry says removing Washington’s punitive tariffs is ‘conducive to the recovery of the global economy’, but President Joe Biden says ‘we’re not there yet’.

20 Jan 2022 - 6:32PM
China’s state-owned oil giant PetroChina ‘cooperating’ with investigation into unit punished for ‘irregular trading’

Authorities say the subsidiary of PetroChina was involved in irregular reselling of crude totalling 179.5 million tonnes to 115 local refineries, ‘severely’ disrupting markets.

Authorities say the subsidiary of PetroChina was involved in irregular reselling of crude totalling 179.5 million tonnes to 115 local refineries, ‘severely’ disrupting markets.

20 Jan 2022 - 6:11PM
Airbus’ China plans include an aircraft ‘life cycle’ service centre spanning nearly 100 football pitches

The 690,000-square-metre facility – roughly the size of 100 football pitches – will better position Airbus to take advantage of China’s rapidly growing aviation market, after its planned opening in the third quarter of 2023.

The 690,000-square-metre facility – roughly the size of 100 football pitches – will better position Airbus to take advantage of China’s rapidly growing aviation market, after its planned opening in the third quarter of 2023.

20 Jan 2022 - 8:39AM
China GDP: headwinds from coronavirus, property market slump see provinces lower economic growth targets for 2022

The provinces of Zhejiang, Anhui, Chongqing, Sichuan and Hunan this week lowered their economic growth targets for 2022, underscoring the challenges facing China’s economy.

The provinces of Zhejiang, Anhui, Chongqing, Sichuan and Hunan this week lowered their economic growth targets for 2022, underscoring the challenges facing China’s economy.

19 Jan 2022 - 3:16PM
China must ‘urgently’ find solutions to boost trade ties with Germany, Berlin’s top diplomat says

Coronavirus travel and quarantine restrictions are two of the difficulties faced by China and Germany in boosting trade ties, said Berlin’s acting ambassador Frank Rueckert on Tuesday.

Coronavirus travel and quarantine restrictions are two of the difficulties faced by China and Germany in boosting trade ties, said Berlin’s acting ambassador Frank Rueckert on Tuesday.

19 Jan 2022 - 11:07AM
China GDP: economic growth tipped to slow amid coronavirus, property crackdown and debt reduction campaign

Regulatory tightening in the property sector, deleveraging efforts and recurrent Covid-19 outbreaks are among the factors dragging on China’s economic growth.

Regulatory tightening in the property sector, deleveraging efforts and recurrent Covid-19 outbreaks are among the factors dragging on China’s economic growth.

15 Jan 2022 - 2:37AM
China’s zero-coronavirus policy has businesses fearing Ghost of Covid Future

December and January typically mark the peak shopping period for Lunar New Year gifts, but lockdowns and an uncertain 2022 have made many consumers increasingly reluctant to open their pocketbooks.

December and January typically mark the peak shopping period for Lunar New Year gifts, but lockdowns and an uncertain 2022 have made many consumers increasingly reluctant to open their pocketbooks.

2 Jan 2022 - 10:00PM
China’s manufacturing outlook up in the air as supply-chain issues threaten to take shine off roaring exports in 2022

China’s weak consumption trend means ‘export orders are still much more profitable than domestic sales’, but the resumption of production in other major economies looks to eat into demand for Chinese goods.

China’s weak consumption trend means ‘export orders are still much more profitable than domestic sales’, but the resumption of production in other major economies looks to eat into demand for Chinese goods.

24 Dec 2021 - 4:00AM
China’s infrastructure plans aim to shore up economy, but experts say Beijing may first need to ease up on local debt

As China’s fiscal policy turns from contraction to expansion next year, infrastructure investment is expected to accelerate, but experts say the pace could be ‘modest’ amid debt risks.

As China’s fiscal policy turns from contraction to expansion next year, infrastructure investment is expected to accelerate, but experts say the pace could be ‘modest’ amid debt risks.

22 Dec 2021 - 3:08PM
Chinese aviation firms vulnerable to financing restrictions due to US embargo on dual-use exports

US sanctions have not only made it harder for Chinese aviation companies to buy technology, but they have made financing more difficult too.

US sanctions have not only made it harder for Chinese aviation companies to buy technology, but they have made financing more difficult too.

22 Dec 2021 - 9:10AM
Pantene maker Procter & Gamble moves to reassure Chinese consumers after US recall of shampoo sprays over cancer-causing chemical

Aerosol sprays sold under popular brand names such as Pantene, Herbal Essences and Aussie were recalled over the presence of a cancer-causing chemical.

Aerosol sprays sold under popular brand names such as Pantene, Herbal Essences and Aussie were recalled over the presence of a cancer-causing chemical.

19 Dec 2021 - 5:51PM
China urged to ease economic policy, cut exposure to US assets ahead of impending Fed rate hike

Prominent Chinese economist Yu Yongding says China must ‘prepare in advance’ for a US rate hike or face consequences.

Prominent Chinese economist Yu Yongding says China must ‘prepare in advance’ for a US rate hike or face consequences.

11 Dec 2021 - 3:29AM
US dollar-yuan exchange rate: China ups forex deposit reserve requirement ratio in bid to curb currency rally

The People’s Bank of China (PBOC) said it will raise the reserve requirement ratio for banks from 7 per cent to 9 per cent effective from Wednesday next week in Beijing’s latest move to curb the yuan’s rally against the US dollar.

The People’s Bank of China (PBOC) said it will raise the reserve requirement ratio for banks from 7 per cent to 9 per cent effective from Wednesday next week in Beijing’s latest move to curb the yuan’s rally against the US dollar.

9 Dec 2021 - 9:41PM
China’s yuan strengthens as trade surplus hits US$72 billion in November amid robust export growth

Analysts have attributed the strength of the yuan and the growth of foreign reserves to China’s large trade surplus, which hit US$72 billion in November amid robust export growth.

Analysts have attributed the strength of the yuan and the growth of foreign reserves to China’s large trade surplus, which hit US$72 billion in November amid robust export growth.

8 Dec 2021 - 6:45PM
Ahead of China’s key economic meeting, ‘risk of potential instability’ looms large in decision-making

Ahead of China’s central economic work conference, the Politburo has highlighted the central government’s concerns over weak investment and sluggish demand, and analysts point to a need to maintain stability.

Ahead of China’s central economic work conference, the Politburo has highlighted the central government’s concerns over weak investment and sluggish demand, and analysts point to a need to maintain stability.

8 Dec 2021 - 9:10AM
China to cut reserve requirement ratio for second time this year to boost economic growth amid strong headwinds

PBOC announcement comes only three days after Premier Li Keqiang said China would cut the RRR ‘at an appropriate time’, and as the country’s economic growth is slowing.

PBOC announcement comes only three days after Premier Li Keqiang said China would cut the RRR ‘at an appropriate time’, and as the country’s economic growth is slowing.

6 Dec 2021 - 9:16PM
China’s rising living costs, economic uncertainties leave lower-income groups unwilling or unable to spend

Payroll growth had already started to decelerate in recent years, and the pandemic has dashed the hopes of many low- to middle-income groups looking for a lifeline.

Payroll growth had already started to decelerate in recent years, and the pandemic has dashed the hopes of many low- to middle-income groups looking for a lifeline.

4 Dec 2021 - 2:00PM
Boeing 737 MAX to return to China’s skies by ‘beginning of next year’ but more changes still needed

China’s aviation regulator issued an airworthiness directive for the Boeing 737 MAX, which has been grounded in China since 2019, although further changes are still needed before the grounding order on the aircraft is lifted.

China’s aviation regulator issued an airworthiness directive for the Boeing 737 MAX, which has been grounded in China since 2019, although further changes are still needed before the grounding order on the aircraft is lifted.

3 Dec 2021 - 5:14PM
China’s manufacturing advantage at risk as restrictions mount and competition intensifies, leading engineer warns

Adviser to Beijing suggests that China set up a vocational education system to train talent in advanced manufacturing, as access to foreign tech wanes and competition over low-end manufacturing intensifies.

Adviser to Beijing suggests that China set up a vocational education system to train talent in advanced manufacturing, as access to foreign tech wanes and competition over low-end manufacturing intensifies.

2 Dec 2021 - 2:30AM
Explainer | From US trade tensions to Beijing’s zero-Covid goal, 5 dilemmas facing China’s economy

Deleveraging in the property market, US trade tensions and a zero tolerance approach to Covid-19 all have potential to weigh on China’s economy.

Deleveraging in the property market, US trade tensions and a zero tolerance approach to Covid-19 all have potential to weigh on China’s economy.

29 Nov 2021 - 4:00AM
Record 2.1m Chinese sit civil service exam as economy slows, youth jobless rate climbs

More than 2.12 million sit Sunday’s ‘guokao’ exam, where applicants have just a one-in-68 chance of getting coveted ‘iron rice bowl’ jobs.

More than 2.12 million sit Sunday’s ‘guokao’ exam, where applicants have just a one-in-68 chance of getting coveted ‘iron rice bowl’ jobs.

29 Nov 2021 - 12:36PM
China calls for ‘strict accountability’ at local government levels where funds are misused

As Chinese officials increasingly voice concerns over mounting economic headwinds, the State Council says ‘serious rectifications’ may be needed to correct fiscal problems among local governments.

As Chinese officials increasingly voice concerns over mounting economic headwinds, the State Council says ‘serious rectifications’ may be needed to correct fiscal problems among local governments.

25 Nov 2021 - 3:03PM
China to join oil reserve release ‘based on its own needs’ after US, UK, Japan, South Korea and India commit

China’s second release from its state oil reserves could again amount to around 7.38 million barrels following a 50 million barrel commitment from US President Joe Biden.

China’s second release from its state oil reserves could again amount to around 7.38 million barrels following a 50 million barrel commitment from US President Joe Biden.

26 Nov 2021 - 10:38AM
China facing ‘quasi-stagflation’ risk as rising factory prices increase pressure on slowing economy

China’s factory-gate prices rose by 13.5 per cent in October from a year earlier after the overall economy grew by just 4.9 per cent in the third quarter, although consumer prices have remained relatively stable.

China’s factory-gate prices rose by 13.5 per cent in October from a year earlier after the overall economy grew by just 4.9 per cent in the third quarter, although consumer prices have remained relatively stable.

22 Nov 2021 - 11:43PM
US businesses in China must be transparent, with more restrictions in place, congressional advisory panel says

‘If it makes you look bad, maybe you shouldn’t be involved in it,’ a member of the US-China Economic and Security Review Commission says of American firms in China.

‘If it makes you look bad, maybe you shouldn’t be involved in it,’ a member of the US-China Economic and Security Review Commission says of American firms in China.

20 Nov 2021 - 2:17AM
Property, Covid-19 challenges to remain with China’s economic slowdown to continue in 2022

China’s economic growth slowed in the third quarter of 2021, and analysts believe the trend will continue into 2022.

China’s economic growth slowed in the third quarter of 2021, and analysts believe the trend will continue into 2022.

18 Nov 2021 - 6:30PM
Explainer | How have US-China talks failed and succeeded in recent years?

Barack Obama, Donald Trump and Joe Biden have employed different tactics when engaging with China on politically sensitive matters that have long strained bilateral relations.

Barack Obama, Donald Trump and Joe Biden have employed different tactics when engaging with China on politically sensitive matters that have long strained bilateral relations.

18 Nov 2021 - 5:56AM
China’s Xi says US businesses are welcome, but politicising bilateral economic issues is not

As it adopts a more self-reliant dual-circulation economic strategy, Beijing also speaks of building a more market-oriented and law-based business environment.

As it adopts a more self-reliant dual-circulation economic strategy, Beijing also speaks of building a more market-oriented and law-based business environment.

16 Nov 2021 - 10:59PM