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.

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Latest from Amanda Lee

US-China relations: companies in South China have no appetite for decoupling, but expect tensions to grow, says AmCham

Small and medium-sized companies in South China are slightly more positive about US-China ties in 2021 than previous years, but most think bilateral frictions will expand.

26 Feb 2021 - 9:43AM

Small and medium-sized companies in South China are slightly more positive about US-China ties in 2021 than previous years, but most think bilateral frictions will expand.

US-China relations: companies in South China have no appetite for decoupling, but expect tensions to grow, says AmCham
China’s top 5 infrastructure projects set to cost US$131 billion, but overall investment set to drop amid debt fears

Last year, China turned to its old playbook to drum up growth amid the coronavirus outbreak by boosting investment spending on infrastructure projects, but that has also added to overall debt levels.

14 Feb 2021 - 10:40PM

Last year, China turned to its old playbook to drum up growth amid the coronavirus outbreak by boosting investment spending on infrastructure projects, but that has also added to overall debt levels.

China’s top 5 infrastructure projects set to cost US$131 billion, but overall investment set to drop amid debt fears
China’s tourism industry expected to remain weak early in 2021 amid fresh coronavirus travel curbs

While there are signs of improvement, China’s hard-hit tourism industry faces fresh challenges due to new coronavirus travel restrictions over the Lunar New Year holiday.

11 Feb 2021 - 7:25PM

While there are signs of improvement, China’s hard-hit tourism industry faces fresh challenges due to new coronavirus travel restrictions over the Lunar New Year holiday.

China’s tourism industry expected to remain weak early in 2021 amid fresh coronavirus travel curbs
China, east Asia boost share of global trade in 2020 after rapid recovery from coronavirus pandemic: UNCTAD

China increased its share of global exports more than any other nation in 2020, followed by Taiwan and Vietnam, according to a new United Nations report.

10 Feb 2021 - 2:05PM

China increased its share of global exports more than any other nation in 2020, followed by Taiwan and Vietnam, according to a new United Nations report.

China, east Asia boost share of global trade in 2020 after rapid recovery from coronavirus pandemic: UNCTAD
China population: concerns grow as number of registered births in 2020 plummet

China saw 10.035 million new registered births last year, according to the Ministry of Public Security, down from 11.79 million births in 2019, adding to population concerns in the world’s most populous country.

9 Feb 2021 - 5:29PM

China saw 10.035 million new registered births last year, according to the Ministry of Public Security, down from 11.79 million births in 2019, adding to population concerns in the world’s most populous country.

China population: concerns grow as number of registered births in 2020 plummet
Explainer | China economy: why are small rural banks important, and what problems do they face?

The central government’s message to China’s 1,641 rural banks is clear: they must continue to support the financial needs of counties and agricultural areas, while also managing financial risk more effectively.

9 Feb 2021 - 11:40AM

The central government’s message to China’s 1,641 rural banks is clear: they must continue to support the financial needs of counties and agricultural areas, while also managing financial risk more effectively.

China economy: why are  small rural banks important, and what problems do they face?
China names ‘highly capable, effective technocrat’ as WTO ambassador as Beijing awaits Biden’s moves on trade

Former assistant commerce minister Li Chenggang has been appointed as China’s ambassador to the World Trade Organization (WTO).

18 Feb 2021 - 11:16AM

Former assistant commerce minister Li Chenggang has been appointed as China’s ambassador to the World Trade Organization (WTO).

China names ‘highly capable, effective technocrat’ as WTO ambassador as Beijing awaits Biden’s moves on trade
China debt: Guizhou among indebted western areas facing ‘greatest’ repayment pressure amid default fears

Confidence in the ability of local governments in China to repay debts was been hit by a series of unexpected defaults by state firms controlled or owned by major provinces late last year.

4 Feb 2021 - 9:44PM

Confidence in the ability of local governments in China to repay debts was been hit by a series of unexpected defaults by state firms controlled or owned by major provinces late last year.

China debt: Guizhou among indebted western areas facing ‘greatest’ repayment pressure amid default fears
Beijing bank regulator orders crackdown on illegal property loans

Order to investigate use of personal and business loans comes amid growing fears of a house price bubble.

31 Jan 2021 - 8:43PM

Order to investigate use of personal and business loans comes amid growing fears of a house price bubble.

Beijing bank regulator orders crackdown on illegal property loans
China’s Hualong One nuclear reactor goes into service

China now ‘a country that has truly mastered independent third-generation nuclear power technology’, CNNC party chief says.

31 Jan 2021 - 8:43PM

China now ‘a country that has truly mastered independent third-generation nuclear power technology’, CNNC party chief says.

China’s Hualong One nuclear reactor goes into service
China’s economic recovery continued in January at slower pace as coronavirus outbreak takes toll

China’s official manufacturing purchasing managers’ index fell to 51.3 in January from 51.9 in December, while the official non-manufacturing PMI fell to 52.4 from 55.7.

2 Feb 2021 - 3:07PM

China’s official manufacturing purchasing managers’ index fell to 51.3 in January from 51.9 in December, while the official non-manufacturing PMI fell to 52.4 from 55.7.

China’s economic recovery continued in January at slower pace as coronavirus outbreak takes toll
China’s service sector recovery takes another hit as new coronavirus outbreaks cast pall over Lunar New Year consumption, travel

Chinese Ministry of Transport now projects that trips made during the Spring Festival holiday period will hit a three-decade low, as it revises down its travel estimates by more than 32 per cent from a week earlier.

1 Feb 2021 - 11:30AM

Chinese Ministry of Transport now projects that trips made during the Spring Festival holiday period will hit a three-decade low, as it revises down its travel estimates by more than 32 per cent from a week earlier.

China’s service sector recovery takes another hit as new coronavirus outbreaks cast pall over Lunar New Year consumption, travel
Global public debt to rise ‘modestly’ after US$14 trillion spent to tackle coronavirus economic damage, IMF says

Global public debt is set to reach 99.5 per cent of gross domestic product (GDP) in 2021, up slightly from 97.6 per cent at the end of 2020, says the International Monetary Fund (IMF).

28 Jan 2021 - 11:15PM

Global public debt is set to reach 99.5 per cent of gross domestic product (GDP) in 2021, up slightly from 97.6 per cent at the end of 2020, says the International Monetary Fund (IMF).

Global public debt to rise ‘modestly’ after US$14 trillion spent to tackle coronavirus economic damage, IMF says
Global economy to grow 5.5 per cent in 2021 after 3.5 per cent contraction in 2020, IMF forecasts

China’s economy seen growing 8.1 per cent this year as economic recovery continues, while the US could rebound to 4.3 per cent economic growth, says the International Monetary Fund (IMF).

27 Jan 2021 - 9:22AM

China’s economy seen growing 8.1 per cent this year as economic recovery continues, while the US could rebound to 4.3 per cent economic growth, says the International Monetary Fund (IMF).

Global economy to grow 5.5 per cent in 2021 after 3.5 per cent contraction in 2020, IMF forecasts
China’s GDP growth targets should be scrapped to help put cap on local government debt, top central bank adviser says

Local governments in China are under pressure to meet unrealistic economic growth goals, and small banks are seeing their asset quality declining as the default risk of their borrowers grows.

26 Jan 2021 - 11:24PM

Local governments in China are under pressure to meet unrealistic economic growth goals, and small banks are seeing their asset quality declining as the default risk of their borrowers grows.

China’s GDP growth targets should be scrapped to help put cap on local government debt, top central bank adviser says
Will Joe Biden’s US$1.9 trillion ‘American Rescue Plan’ be a boon for China, or could excessive liquidity lead to financial trouble?

If approved, the latest US coronavirus stimulus package would pump even more liquidity into the global economy, and much of that could rapidly flow into China, where investment returns are higher.

16 Jan 2021 - 12:06AM

If approved, the latest US coronavirus stimulus package would pump even more liquidity into the global economy, and much of that could rapidly flow into China, where investment returns are higher.

Will Joe Biden’s US$1.9 trillion ‘American Rescue Plan’ be a boon for China, or could excessive liquidity lead to financial trouble?
Debt at China’s state-owned firms in spotlight as credit tightening raises default pressure

Chinese policymakers are carefully balancing economic growth and financial risks, with an eye on stability, as analysts say further defaults by weak state-owned enterprises would be highly contagious and impact the entire credit market.

14 Jan 2021 - 8:51PM

Chinese policymakers are carefully balancing economic growth and financial risks, with an eye on stability, as analysts say further defaults by weak state-owned enterprises would be highly contagious and impact the entire credit market.

Debt at China’s state-owned firms in spotlight as credit tightening raises default pressure
China’s biggest coronavirus outbreak in months stalls coal, steel deliveries as frigid temperatures compound problems

Parts of China have started restricting vehicle traffic from Hebei province, which surrounds Beijing, and that includes trucks carrying essential coal for heating, in addition to raw materials such as steel.

8 Jan 2021 - 10:37PM

Parts of China have started restricting vehicle traffic from Hebei province, which surrounds Beijing, and that includes trucks carrying essential coal for heating, in addition to raw materials such as steel.

China’s biggest coronavirus outbreak in months stalls coal, steel deliveries as frigid temperatures compound problems
Coronavirus: Chinese steelmaking hub hit, with highway closures reducing output and delivery

China experiencing its biggest coronavirus outbreak in months, with dozens of Covid-19 cases detected in Hebei province in recent days.

8 Jan 2021 - 12:33AM

China experiencing its biggest coronavirus outbreak in months, with dozens of Covid-19 cases detected in Hebei province in recent days.

Coronavirus: Chinese steelmaking hub hit, with highway closures reducing output and delivery
China’s digital currency trial returns to Shenzhen for round two, with twice the participants and double the payout

A total of 100,000 digital ‘red packets’, each containing 200 yuan (US$31), will be distributed to residents on Thursday via lottery – the latest test of China’s digital sovereign currency.

6 Jan 2021 - 1:06PM

A total of 100,000 digital ‘red packets’, each containing 200 yuan (US$31), will be distributed to residents on Thursday via lottery – the latest test of China’s digital sovereign currency.

China’s digital currency trial returns to Shenzhen for round two, with twice the participants and double the payout
China says US sanctions have no ‘legal effect’ in Hong Kong or China, but analysts urge caution

What do Beijing regulators’ claims on the legality of US sanctions in China and Hong Kong mean for Carrie Lam and other sanctioned entities?

6 Jan 2021 - 1:10PM

What do Beijing regulators’ claims on the legality of US sanctions in China and Hong Kong mean for Carrie Lam and other sanctioned entities?

China says US sanctions have no ‘legal effect’ in Hong Kong or China, but analysts urge caution
China-Australia relations: Penfolds wine weathered counterfeits and trademark disputes since 1995, but now faces toughest test yet in Chinese market

Treasury Wines has already made plans to redirect its Penfolds sales away from China, saying that as long as the new duties are imposed, demand for its products in China “will be extremely limited”.

4 Jan 2021 - 11:02PM

Treasury Wines has already made plans to redirect its Penfolds sales away from China, saying that as long as the new duties are imposed, demand for its products in China “will be extremely limited”.

China-Australia relations: Penfolds wine weathered counterfeits and trademark disputes since 1995, but now faces toughest test yet in Chinese market
Explainer | C919: what is China’s home-grown alternative to Airbus, Boeing duopoly, and why is it important?

China’s government formed the Commercial Aircraft Corporation of China (Comac) in 2008 to design and construct the single-aisle C919 to reduce reliance on Europe’s Airbus and the United States’ Boeing.

28 Jan 2021 - 7:25PM

China’s government formed the Commercial Aircraft Corporation of China (Comac) in 2008 to design and construct the single-aisle C919 to reduce reliance on Europe’s Airbus and the United States’ Boeing.

C919: what is China’s home-grown alternative to Airbus, Boeing duopoly, and why is it important?
China’s economy may expand by 9 per cent in 2021, helping to overtake US sooner

China was the first major economy to show a recovery from the damage caused by the coronavirus pandemic in 2020, largely due to a series of stimulus measures.

5 Jan 2021 - 3:53PM

China was the first major economy to show a recovery from the damage caused by the coronavirus pandemic in 2020, largely due to a series of stimulus measures.

China’s economy may expand by 9 per cent in 2021, helping to overtake US sooner
Former Chinese finance minister Lou Jiwei attacks regulators for ‘failure’ to act over risk

Lou tells forum that central bank had not acted to tackle problems and warns mounting debt threatens the economy.

20 Dec 2020 - 11:09PM

Lou tells forum that central bank had not acted to tackle problems and warns mounting debt threatens the economy.

Former Chinese finance minister Lou Jiwei attacks regulators for ‘failure’ to act over risk
China-US ties: American warship ‘jeopardised stability’ with Taiwan Strait transit, PLA says

Passage of missile destroyer USS Mustin ‘deliberately raised the heat of the Taiwan issue … [and] sent flirtatious glances to Taiwan’s independence forces’, Chinese military spokesman says.

20 Dec 2020 - 4:00PM

Passage of missile destroyer USS Mustin ‘deliberately raised the heat of the Taiwan issue … [and] sent flirtatious glances to Taiwan’s independence forces’, Chinese military spokesman says.

China-US ties: American warship ‘jeopardised stability’ with Taiwan Strait transit, PLA says
China faces urgent ‘unprecedented challenge’ to develop jet engine as foreign hostility grows

A senior Chinese aviation engineer says it is an ‘urgent political task’ for China to speed up development of its own jet engine due to growing external risk.

17 Dec 2020 - 10:25PM

A senior Chinese aviation engineer says it is an ‘urgent political task’ for China to speed up development of its own jet engine due to growing external risk.

China faces urgent ‘unprecedented challenge’ to develop jet engine as foreign hostility grows
China reassures public of ‘balanced’ coal supply for winter as provinces cut back power to factories

Strong winter demand, buoyant industrial activity and import restrictions have caused coal prices to skyrocket in China, but Beijing says there is sufficient supply for winter.

16 Dec 2020 - 10:44PM

Strong winter demand, buoyant industrial activity and import restrictions have caused coal prices to skyrocket in China, but Beijing says there is sufficient supply for winter.

China reassures public of ‘balanced’ coal supply for winter as provinces cut back power to factories
Boeing 737 MAX: plane’s return to China riddled with uncertainty as tensions with US rage on

The future of Boeing’s 737 MAX in China remains unclear, even as the troubled passenger jet is approved to return to the skies in the US and Europe.

11 Dec 2020 - 11:01PM

The future of Boeing’s 737 MAX in China remains unclear, even as the troubled passenger jet is approved to return to the skies in the US and Europe.

Boeing 737 MAX: plane’s return to China riddled with uncertainty as tensions with US rage on
China debt: local government default risk grows as authorities struggle to repay credit

Debt owned by local government financing entities in China has increased substantially this year, raising fears about a series of defaults across the country next year.

11 Dec 2020 - 4:19AM

Debt owned by local government financing entities in China has increased substantially this year, raising fears about a series of defaults across the country next year.

China debt: local government default risk grows as authorities struggle to repay credit