Jane Cai

Jane Cai, CFA, is the Beijing Bureau Chief of the South China Morning Post. She has been covering China's economic, financial, business and political news since the early 2000s.
Jane Cai
Jane Cai, CFA, is the Beijing Bureau Chief of the South China Morning Post. She has been covering China's economic, financial, business and political news since the early 2000s.

Latest from Jane Cai

Li Keqiang says it is time China to ‘turn the blade inward’ to boost jobs growth

Premier promises 11 million new jobs as China tries to ensure social stability, with tax cuts and reduced red tape to help private companies.

18 Mar 2019 - 9:35AM

Premier promises 11 million new jobs as China tries to ensure social stability, with tax cuts and reduced red tape to help private companies.

Li Keqiang says it is time China to ‘turn the blade inward’ to boost jobs growth
Chinese private firms ‘being held back by prejudice as a result of government support for state-owned enterprises’

Negative stereotypes mean private companies are finding it hard to get the credit they need, warns pharmaceutical boss.

12 Mar 2019 - 10:19AM

Negative stereotypes mean private companies are finding it hard to get the credit they need, warns pharmaceutical boss.

Chinese private firms ‘being held back by prejudice as a result of government support for state-owned enterprises’
China calls on private sector to beef up investment in basic science as it seeks to become tech powerhouse

Beijing wants to break the country’s reliance on foreign technology in sectors such as robotics, aerospace and new-energy vehicles.

11 Mar 2019 - 11:22PM

Beijing wants to break the country’s reliance on foreign technology in sectors such as robotics, aerospace and new-energy vehicles.

China calls on private sector to beef up investment in basic science as it seeks to become tech powerhouse
China’s funding for science and research to reach 2.5 per cent of GDP in 2019

Country will hit its target a year ahead of schedule, but scientists say they still don’t get enough funds for basic research.

11 Mar 2019 - 11:53AM

Country will hit its target a year ahead of schedule, but scientists say they still don’t get enough funds for basic research.

China’s funding for science and research to reach 2.5 per cent of GDP in 2019
China has made a clear effort to keep yuan exchange rate stable, says central bank

People’s Bank of China governor Yi Gang says Beijing will not devalue yuan to boost exports or ease trade tensions amid the US-China trade war.

11 Mar 2019 - 10:04AM

People’s Bank of China governor Yi Gang says Beijing will not devalue yuan to boost exports or ease trade tensions amid the US-China trade war.

China has made a clear effort to keep yuan exchange rate stable, says central bank
China set to vote on new law aimed at levelling playing field for foreign investors

Members of the foreign business community say the legislation is being pushed through in response to the trade war with the United States, while Chinese analysts say it reflects China’s desire to improve its economy and legal system.

9 Mar 2019 - 11:54AM

Members of the foreign business community say the legislation is being pushed through in response to the trade war with the United States, while Chinese analysts say it reflects China’s desire to improve its economy and legal system.

China set to vote on new law aimed at levelling playing field for foreign investors
China counts on tax cuts to buoy business in tough economic times ahead

As growth slows and the trade war bites, Beijing aims to reduce levies on key sectors such as manufacturing to keep people employed and ensure social stability.

5 Mar 2019 - 11:20PM

As growth slows and the trade war bites, Beijing aims to reduce levies on key sectors such as manufacturing to keep people employed and ensure social stability.

China counts on tax cuts to buoy business in tough economic times ahead
China cuts taxes and defence budget growth, demands more profits from state firms

Value-added taxes cut more than expected and state firms have to hand in more profits to bridge fiscal shortfall, while defence budget growth slashed from 8.1 per cent to 7.5 per cent.

5 Mar 2019 - 1:04PM

Value-added taxes cut more than expected and state firms have to hand in more profits to bridge fiscal shortfall, while defence budget growth slashed from 8.1 per cent to 7.5 per cent.

China cuts taxes and defence budget growth, demands more profits from state firms
Trade war with US the elephant in the room as China’s political advisers meet in Beijing

While it wasn’t directly mentioned in official work report, its potential impact on the nation’s development could be found reading between the lines, and on the sidelines, of the annual gathering in Beijing.

3 Mar 2019 - 11:37PM

While it wasn’t directly mentioned in official work report, its potential impact on the nation’s development could be found reading between the lines, and on the sidelines, of the annual gathering in Beijing.

Trade war with US the elephant in the room as China’s political advisers meet in Beijing
Why China’s subsidised state-owned enterprises anger US, Europe – and its own private companies

Electric car sector typifies hostility to Chinese support for state-owned enterprises, which revamping the WTO agreement could address – but could China give up its attachment to SOEs?

22 Feb 2019 - 12:35PM

Electric car sector typifies hostility to Chinese support for state-owned enterprises, which revamping the WTO agreement could address – but could China give up its attachment to SOEs?

Why China’s subsidised state-owned enterprises anger US, Europe – and its own private companies
Xi Jinping has issued a rallying cry, but what is China on alert for?

Analysts say the prospect of a current account deficit, as well as mounting debt, growing hostility from abroad and a slowing economy could be among the risks top cadres have been told to keep watch for.

23 Jan 2019 - 10:27AM

Analysts say the prospect of a current account deficit, as well as mounting debt, growing hostility from abroad and a slowing economy could be among the risks top cadres have been told to keep watch for.

Xi Jinping has issued a rallying cry, but what is China on alert for?
Is the US right to cry foul about forced technology transfer to do business in China – and what is Beijing’s position?

Foreign firms’ concern about having to share tech secrets is being discussed in US-China trade talks, but Beijing’s draft foreign investment law may not convince those sceptical about its enforcement.

14 Jan 2019 - 2:08PM

Foreign firms’ concern about having to share tech secrets is being discussed in US-China trade talks, but Beijing’s draft foreign investment law may not convince those sceptical about its enforcement.

Is the US right to cry foul about forced technology transfer to do business in China – and what is Beijing’s position?
China tightens cybersecurity rules on domestic financial information providers to protect stock markets

Foreign vendors such as Bloomberg and Reuters have been subject to government regulation on market-sensitive financial data since 2009.

27 Dec 2018 - 7:46PM

Foreign vendors such as Bloomberg and Reuters have been subject to government regulation on market-sensitive financial data since 2009.

China tightens cybersecurity rules on domestic financial information providers to protect stock markets
The long (American) arm of the law: how Huawei CFO’s arrest reopened an old wound in China-US relations

Sabrina Meng Wanzhou and her company are the latest to be encircled by America’s ‘long-arm jurisdiction’. The case has stirred debate in China over how the US enforces its laws against foreign businesses and individuals.

18 Dec 2018 - 4:13PM

Sabrina Meng Wanzhou and her company are the latest to be encircled by America’s ‘long-arm jurisdiction’. The case has stirred debate in China over how the US enforces its laws against foreign businesses and individuals.

The long (American) arm of the law: how Huawei CFO’s arrest reopened an old wound in China-US relations
How China’s economic reformers are using US trade war to push demands for opening up

Pro-reform intellectuals, including people close to Vice-Premier Liu He, are urging policymakers to open up economy further and implement pro-market reforms.

29 Nov 2018 - 11:27PM

Pro-reform intellectuals, including people close to Vice-Premier Liu He, are urging policymakers to open up economy further and implement pro-market reforms.

How China’s economic reformers are using US trade war to push demands for opening up
Trump’s technology export controls will not hold China back – we’ll work harder: science vice-minister Xu Nanping

Xu says US limits on exports will not have desired effect

27 Nov 2018 - 9:34PM

Xu says US limits on exports will not have desired effect

Trump’s technology export controls will not hold China back – we’ll work harder: science vice-minister Xu Nanping
Northern China’s clean air targets get lost in the smog of the trade war

Wenan county in Hebei province is on the front line of the country’s battle against pollution, with the effects visible in the pall of pollution heading towards Beijing.

15 Nov 2018 - 5:44AM

Wenan county in Hebei province is on the front line of the country’s battle against pollution, with the effects visible in the pall of pollution heading towards Beijing.

Northern China’s clean air targets get lost in the smog of the trade war
How China’s ambitious plan to tax global income faces opposition in US, Hong Kong and even Beijing

Individuals spending over half of each year in mainland could have worldwide income taxed – but groups are seek exemptions and US prevents disclosure of taxable assets.

20 Nov 2018 - 3:17PM

Individuals spending over half of each year in mainland could have worldwide income taxed – but groups are seek exemptions and US prevents disclosure of taxable assets.

How China’s ambitious plan to tax global income faces opposition in US, Hong Kong and even Beijing
Chinese experts ‘filtered’ trade war advice to Beijing policymakers

The experts Beijing has called on for guidance in the trade battle with Washington have largely avoided offending their supervisors, hurting strategic policymaking.

22 Oct 2018 - 12:39PM

The experts Beijing has called on for guidance in the trade battle with Washington have largely avoided offending their supervisors, hurting strategic policymaking.

Chinese experts ‘filtered’ trade war advice to Beijing policymakers
Top China adviser tries to boost battered confidence in economy after weak stocks, financial data

Liu He, Chinese President Xi Jinping’s top economic adviser, says words of comfort to business community

20 Oct 2018 - 2:41AM

Liu He, Chinese President Xi Jinping’s top economic adviser, says words of comfort to business community

Top China adviser tries to boost battered confidence in economy after weak stocks, financial data
China’s middle class spend less as they scrimp and save for their children’s education

Parents prioritise school fees and tutoring costs but forgo other spending that the government is counting on to stabilise economic growth.

16 Oct 2018 - 6:51AM

Parents prioritise school fees and tutoring costs but forgo other spending that the government is counting on to stabilise economic growth.

China’s middle class spend less as they scrimp and save for their children’s education
Trade war: why US and China remain so far apart on intellectual property rights
Why China used foreign sources to make its case as the defender of free trade in its war with the United States
Trade war with US to plant seeds of change in China’s cotton industry – one way or another

In the first of a series of articles on how the trade war affects various sectors in China, we look at how those involved in textile production are caught up in a waiting game.

29 Sep 2018 - 2:36PM

In the first of a series of articles on how the trade war affects various sectors in China, we look at how those involved in textile production are caught up in a waiting game.

Trade war with US to plant seeds of change in China’s cotton industry – one way or another
Why Donald Trump’s threatened trade war with China could also hurt South Korea, Japan and Taiwan

Chinese exports to America rely on products produced by US allies in Asia – which means they could suffer collateral damage from tariffs

28 Jun 2018 - 11:31AM

Chinese exports to America rely on products produced by US allies in Asia – which means they could suffer collateral damage from tariffs

Why Donald Trump’s threatened trade war with China could also hurt South Korea, Japan and Taiwan
Say goodbye to Huallywood? The star tax probe clouding a Chinese city’s movie-making dreams
Foreign firms may be invited to join ‘Made in China 2025’ scheme, sources say

Beijing could adjust plan to dial down trade tensions with Washington but it won’t budge on goal of becoming a tech superpower.

29 Sep 2018 - 2:36PM

Beijing could adjust plan to dial down trade tensions with Washington but it won’t budge on goal of becoming a tech superpower.

Foreign firms may be invited to join ‘Made in China 2025’ scheme, sources say
China denies ‘rumour’ it offered to cut trade surplus with US by US$200 billion a year

Foreign ministry says talks in Washington are ‘ongoing and constructive’, while government adviser estimates it would take three to five years to hit the target.

18 May 2018 - 11:39PM

Foreign ministry says talks in Washington are ‘ongoing and constructive’, while government adviser estimates it would take three to five years to hit the target.

China denies ‘rumour’ it offered to cut trade surplus with US by US$200 billion a year
Why Chinese Vice-Premier Liu He has the most difficult job in the US-China trade talks
A minefield to walk through: Vice-Premier Liu He must steer China’s hi-tech industries to greatness, even as a trade war with US looms