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Carol Yang
Beijing
Senior Reporter, Political Economy desk
Carol joined the Post in January 2025 and covers China's economy. Before this role, she worked as a news reporter for shipping media Lloyd’s List in Shanghai for two years and for China Global Television Network in Beijing for six years. She holds a master's degree in intercultural communication from the University of Warwick.
Carol joined the Post in January 2025 and covers China's economy. Before this role, she worked as a news reporter for shipping media Lloyd’s List in Shanghai for two years and for China Global Television Network in Beijing for six years. She holds a master's degree in intercultural communication from the University of Warwick.
Areas of Expertise:
Chinese economy, policy and shippingLanguages Spoken:
English, Mandarin
Beijing continues to impose stricter regulatory standards on major lenders, shielding the financial system from mounting strains.
Unitree founder says the shift from screen-based AI to real-world machines could unlock a far larger economic wave than today’s tech boom.
Beijing’s five-year recalibration aims to better reflect consumption, as policymakers shift weight away from food and housing.
State Council directive eyes unified power market, curbing provincial fragmentation to boost green energy expansion and optimise resource flow.
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Successful 27km trial unlocks vast carbon dioxide transport potential, bridging geographical gaps to accelerate a process seen as vital to large-scale decarbonisation.
As domestic liner handles 1 millionth passenger, Beijing says it aims to turn yachts and cruise ships into major new consumption drivers.
China has almost completed the US$10 billion Pinglu Canal connecting its heartlands to Southeast Asia. Now, it is mulling an even larger waterway.
Panama’s move to void CK Hutchison’s deal fuels fears of broader asset seizures, with analysts warning of rising risks for Chinese operators in the US sphere.
Chinese investment is increasingly focusing on energy and raw materials projects in low and middle-income regions, report finds.
Where Shanxi goes, China goes, in their broad energy overhaul, as the region with a quarter of the nation’s coal serves as the ultimate proving ground for Beijing’s ‘dual carbon’ strategy.
Despite a market share dip, Chinese yards extend their commanding lead in key indicators, as high exports and lengthy backlogs signal resilience despite rivals’ gains.
Weak domestic demand, shrinking confidence in the property market and a declining fertility rate fuel caution among investors in China’s major hubs.
Speculation was growing that Beijing would relax a ban on for-profit tutoring to boost the economy. Then a firm was hit with a US$9.7 million penalty.
The vast waterway in China’s southern Guangxi region is set to open before the end of 2026, according to state media reports.
Record container volumes drive ambitious expansions at Shanghai and Ningbo ports as Beijing bets on smart hubs and regional integration to weather global volatility.
Southern Theatre Command cites ‘completely legitimate’ routine flight training, while Taipei calls it ‘provocative and irresponsible’ act.
Chinese shipbuilders saw their market share dip for the first time in five years in 2025, as uncertainty over US port fees roiled the industry.
During a visit to the province, Li Qiang emphasises need for decisive actions and innovative strategies to boost investment and consolidate Guangdong’s leading economic role for China.
Beijing aims to expand the nation’s entire rail network to about 180,000km as part of 2026-2030 infrastructure push, boosting connectivity nationwide.
Removal of Venezuelan leader could be part of US effort to regain global pricing power as petrodollar system comes under strain: analysts.
Unless Beijing introduces more forceful policies, consumers could get locked into a mindset that is ‘nearly impossible to break’, scholars say.
Wang Yiming says Beijing must innovate from the ground up to create deterrents against foreign supply cuts, citing missed R&D spending target.
The draft policy would cut down on excess capacity within e-cigarette sector and tighten enforcement of standards in production and export.
China, one of the world’s hardest-working countries, is adopting incentives to increase time off – and potentially boost consumer spending.
The president instructs central SOEs to drive industrial upgrading while securing critical technologies and supply chains in the face of geopolitical risks.
New policy by the People’s Bank of China applies to one-off debts up to 10,000 yuan incurred since 2020, aiming to help people rebuild credit.
Trade lanes using Strait of Malacca, Red Sea and Suez Canal could be disrupted during ‘major international crisis’, Beijing forum told.
China’s rise is unstoppable, president tells central economic work conference, hails ‘moral backbone’ in rare allusion to US trade war.
Beijing also seeks to increase consumption by loosening restrictions, raising incomes and attracting tourist spending, Han Wenxiu says.
