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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
The assessment is up from October’s forecast, with the fund citing government stimulus and lower tariffs as drivers.
Commerce Minister Wang Wentao’s remarks echo similar calls by other senior officials ahead of annual central economic work conference.
With many of their clients moving or building sites abroad, China’s factory owners are following suit, seizing a ‘last chance’ for new revenues.
Controversial wording seen as a geopolitical trap designed to force neutral countries to uphold Western containment strategies.
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The world’s biggest builder vows new chapter marked by landmark projects, tighter integration and data sharing.
The combined venture will reportedly operate five cruise ships, with another under construction, as China strives to grow the industry.
Nations should work together to ensure trade serves as the ‘engine of China-US relations, not as a stumbling block’, Wang Wentao said.
German finance minister’s trip follows a tense period for China-Europe relations, with Berlin gripped by supply chain anxieties.
Critics say exports of these vehicles, typically sold at lower prices but without guaranteed after-sales service, distort the market.
Lou Jiwei says real estate is an unlikely source of systemic risk, but proactive policy is necessary to counteract its drag on the economy.
Official data points to uneven recovery last month, but analysts do not expect major stimulus as annual growth target within reach.
Analysts say other countries forced to walk fine line, while one argues business interests make it hard to pick sides.
The People’s Bank of China said the economy was on track to hit its annual growth target despite facing a challenging environment.
Beijing also pauses sanctions on South Korean shipbuilder affiliates, while shipping industry welcomes suspended duties.
‘New quality productive forces’ drive does not mean casting traditional industries aside, party journal says, urging localities to be prudent.
Reversing deindustrialisation is notoriously difficult, making industrial protection a top priority, official publication says.
Sectors cranking out cars, electronics and new-energy products are accelerating China’s advancements in robotics, with strong downstream demand.
Hope for a permanent agreement persists, and one analyst calls saga ‘a painful reminder how shipping is just a pawn in the superpower tussle for supremacy’.
US president praised Seoul as ‘serious partner’ in shipbuilding, a sector embroiled in trade tensions, before meeting with Chinese leader.
From Tokyo to Bangkok, Washington is forging new partnerships to counter China’s dominance.
Beijing condemns London for moving ahead with Russia-related sanctions despite its objections, warns incident could harm UK-China ties.
With China dominating the global shipbuilding industry, and amid a port-fee dispute with Washington, the US president sees new strategic partnerships as critical.
As state-owned firms relocate to new metropolis, jobs travel with them – but is it enough to lure workers?
China’s shipbuilders already lead in terms of capacity, price and quality – and they will benefit from the green transition, insiders say.
Comments from Zhu Guangyao come as party Central Committee prepares for fourth plenum from Monday to finalise crucial 2026-2030 blueprint.
Global carriers scramble to adapt as new US and Chinese duties take effect – and first vessel reportedly hit with 4.5 million yuan charge.
But analysts say Beijing has left room to negotiate and could adjust its fees based on Washington’s actions.
Hanwha Ocean stands accused of aiding Washington in its curbs on Chinese shipping.
Outbound shipments were up 8.3 per cent, beating estimates ahead of potential 100 per cent US tariff increase – while imports hit 17-month-high.
