Kandy Wong

Hong Kong

Kandy Wong

Correspondent, Political Economy

Kandy Wong returned to the Post in 2022 as a correspondent for the Political Economy desk, having earlier worked as a reporter on the Business desk. She focuses on China's trade relationships with the United States, the European Union and Australia, as well as the Belt & Road Initiative and currency issues. An award-winning journalist, she has worked in Hong Kong, China and New York for the Hong Kong Economic Journal and the Financial Times, E&E News, Forbes, The Economist Intelligence Unit, Nikkei Asia and Coconuts Media.

Show more

Latest from Kandy Wong

China-Australia relations: Canberra’s ‘fear of looking weak’ hints at no relief for exporters

China has used a variety of tools to bar the likes of Australian barley, beef, wine, lobsters and coal from entering its market since 2020, with Saturday’s election result unlikely to change Canberra’s approach to its relations with Beijing.

China has used a variety of tools to bar the likes of Australian barley, beef, wine, lobsters and coal from entering its market since 2020, with Saturday’s election result unlikely to change Canberra’s approach to its relations with Beijing.

20 May 2022 - 6:49AM
Ukraine war propels ‘multilateral momentum’ on China-focused ‘Nato for trade’, experts say

Russia’s war in Ukraine will result in trade becoming more regional or alliance-based as opposed to global, which has long benefited China’s economy, experts say.

Russia’s war in Ukraine will result in trade becoming more regional or alliance-based as opposed to global, which has long benefited China’s economy, experts say.

18 May 2022 - 2:44PM
Chinese firms warned over ‘vulnerable’ overseas projects after Myanmar military junta cancels tenders, blacklists

Myanmar’s military regime is reported to have cancelled tenders relating to 26 solar power projects, the majority of which involved Chinese investment.

Myanmar’s military regime is reported to have cancelled tenders relating to 26 solar power projects, the majority of which involved Chinese investment.

12 May 2022 - 7:30PM
Explainer | What is the CPTPP and why is China eager to join?

China says its application to join the Pacific Rim trade pact is consistent with efforts to reform and open up the economy, but it is unclear whether the country can meet the deal’s high standards.

China says its application to join the Pacific Rim trade pact is consistent with efforts to reform and open up the economy, but it is unclear whether the country can meet the deal’s high standards.

5 May 2022 - 1:40AM
China-Australia relations: tariffs drive ‘exceptionally challenging’ environment for Australian wine exporters

Australian wine exporters have had to navigate ‘an exceptionally challenging operating environment’, largely caused by the imposition of tariffs on bottled Australian wine imported to mainland China, a new report says.

Australian wine exporters have had to navigate ‘an exceptionally challenging operating environment’, largely caused by the imposition of tariffs on bottled Australian wine imported to mainland China, a new report says.

4 May 2022 - 12:48PM
Beijing bans restaurant dining for Labour Day break to cut Covid-19 spread

Caterers in the Chinese capital will be limited to offering takeaways and deliveries over the five-day break.

Caterers in the Chinese capital will be limited to offering takeaways and deliveries over the five-day break.

1 May 2022 - 9:00PM
China’s Labour Day holiday box office revenues take major hit from coronavirus controls

China’s box office revenues took a major blow over the Labour Day holiday because of coronavirus controls in some of the country’s biggest cities.

China’s box office revenues took a major blow over the Labour Day holiday because of coronavirus controls in some of the country’s biggest cities.

3 May 2022 - 11:56AM
China’s manufacturers remain key to global supply chain, producers ‘ even more dependent’ on world’s factory

Coronavirus-related restrictions and lockdowns have disrupted global supply chains over the last two years as many of them begin in China.

Coronavirus-related restrictions and lockdowns have disrupted global supply chains over the last two years as many of them begin in China.

29 Apr 2022 - 10:30AM
Shanghai lockdown forces Hong Kong manufacturers to cope with higher costs, delays and backlogs

Businesses have been forced to adjust their outlooks because of delays resulting from China’s zero-Covid ambitions, but ‘transport isn’t stopping’.

Businesses have been forced to adjust their outlooks because of delays resulting from China’s zero-Covid ambitions, but ‘transport isn’t stopping’.

26 Apr 2022 - 3:45PM
US firms say China’s ‘ambiguous’ data laws are creating a ‘uniquely restrictive’ environment

China’s ‘complex’ regulations surrounding data protection are putting pressure on US businesses and creating policy and compliance issues, says the US-China Business Council.

China’s ‘complex’ regulations surrounding data protection are putting pressure on US businesses and creating policy and compliance issues, says the US-China Business Council.

21 Apr 2022 - 9:00AM
China-EU trade: commercial ties ‘hard to break’ despite disagreement over Ukraine war

Despite frustration within the European Union (EU) over Beijing’s stance on the Ukraine war, trade ties are unlikely to be significantly affected by EU policymakers’ attempts to diversify supply chains, analysts say.

Despite frustration within the European Union (EU) over Beijing’s stance on the Ukraine war, trade ties are unlikely to be significantly affected by EU policymakers’ attempts to diversify supply chains, analysts say.

16 Apr 2022 - 6:03AM
US-China relations: ‘vague’ investment screening plan leaves questions on scope and execution

Though there is bipartisan political support in the US for the proposed investment screening regime, it is not yet clear what shape it will take or how it will impact American firms already in China, say experts.

Though there is bipartisan political support in the US for the proposed investment screening regime, it is not yet clear what shape it will take or how it will impact American firms already in China, say experts.

12 Apr 2022 - 5:47AM
Hong Kong-China trade slower, less reliable and more expensive amid coronavirus restrictions

Trade between China and Hong Kong has been reduced as the various coronavirus restrictions have increased delivery times and costs.

Trade between China and Hong Kong has been reduced as the various coronavirus restrictions have increased delivery times and costs.

9 Apr 2022 - 2:13AM
China, developing Asia have room for ‘tax mobilisation’ to repair Ukraine war, coronavirus economic damage

Asian Development Bank said on Wednesday that weak revenues and high spending erase fiscal surpluses and expand deficits across developing Asia.

Asian Development Bank said on Wednesday that weak revenues and high spending erase fiscal surpluses and expand deficits across developing Asia.

6 Apr 2022 - 8:00AM
China’s stance on Russia’s war in Ukraine unlikely to have major effect on Asia trade ties, analysts say

China’s refusal to condemn Russia for its invasion of Ukraine should have minimal impact on its trade in Asia, analysts in the region say, despite US efforts to ‘tear up the relationship between China, Europe and Asean’.

China’s refusal to condemn Russia for its invasion of Ukraine should have minimal impact on its trade in Asia, analysts in the region say, despite US efforts to ‘tear up the relationship between China, Europe and Asean’.

5 Apr 2022 - 7:51AM
China-Australia relations: Ukraine war clouds efforts to repair trade ties after PM Morrison warns Beijing of sanctions

The odds of China and Australia going back to the negotiation table to repair their trade relationship is being complicated by the Ukraine war and upcoming federal election.

The odds of China and Australia going back to the negotiation table to repair their trade relationship is being complicated by the Ukraine war and upcoming federal election.

24 Mar 2022 - 5:52AM
Explainer | Will China’s investment in Russia’s Far East help an increasingly isolated Moscow?

Beijing and Moscow see development of Russia’s Far East as a driver of regional growth. With Russia increasingly isolated, it could also help soften Western sanctions.

Beijing and Moscow see development of Russia’s Far East as a driver of regional growth. With Russia increasingly isolated, it could also help soften Western sanctions.

22 Mar 2022 - 12:21AM
China sets up new bureaus to drive innovation and carbon neutrality at state firms

Move from state assets watchdog in line with China’s new long-term growth model, observer says.

Move from state assets watchdog in line with China’s new long-term growth model, observer says.

19 Mar 2022 - 8:00PM
China’s economy will be ‘far less prosperous’ in coming years as headwinds intensify, Australian think tank says

Becoming the world’s largest economy is still on the cards for China, according to the Lowy Institute, but vastly surpassing the United States is out of the question.

Becoming the world’s largest economy is still on the cards for China, according to the Lowy Institute, but vastly surpassing the United States is out of the question.

17 Mar 2022 - 5:40AM
Ukraine invasion: with the US distracted, China may have an ‘opportunity’ to expand economic influence in the Middle East

As the United States marshals allies to impose sanctions on Russia over its invasion of Ukraine, some have questioned whether China may use the distraction to attempt to expand its interests in the Middle East.

As the United States marshals allies to impose sanctions on Russia over its invasion of Ukraine, some have questioned whether China may use the distraction to attempt to expand its interests in the Middle East.

12 Mar 2022 - 2:04PM
As Russia is increasingly cut off, can China’s yuan find a greater role as a global currency?

Beijing has been trying to insulate itself from a global financial system that is heavily tied to the US dollar, but strict capital controls still hinder the yuan’s use.

Beijing has been trying to insulate itself from a global financial system that is heavily tied to the US dollar, but strict capital controls still hinder the yuan’s use.

9 Mar 2022 - 4:48PM
China-Germany investment faces ‘challenges’ as rivalry grows in post-Merkel era

Germany is still a go-to destination for Chinese firms looking to acquire hi-tech goods, but broader tensions between Beijing and Europe are clouding the investment outlook.

Germany is still a go-to destination for Chinese firms looking to acquire hi-tech goods, but broader tensions between Beijing and Europe are clouding the investment outlook.

4 Mar 2022 - 2:53AM
Ukraine invasion: Swift ban, sanctions cut Russian economy from the world. Will China’s yuan payment system offer a lifeline?

China’s Cross-Border Interbank Payment System is likely to become more important for transactions with Russia after the country was banned from the Swift system for invading Ukraine.

China’s Cross-Border Interbank Payment System is likely to become more important for transactions with Russia after the country was banned from the Swift system for invading Ukraine.

9 Mar 2022 - 1:08PM
China’s ‘common prosperity’ push, consumer nationalism stir new challenges for global brands

The campaign to reduce China’s wealth gap presents new marketing challenges for global brands, though most are focused on the benefits of an enlarged middle class.

The campaign to reduce China’s wealth gap presents new marketing challenges for global brands, though most are focused on the benefits of an enlarged middle class.

27 Feb 2022 - 2:00PM
Ukraine crisis: China walks ‘diplomatic tightrope’, but impact of sanctions on Russia seen as ‘limited’ for bilateral trade

China is likely to support Russia financially and through trade throughout the Ukraine crisis, though if the situation escalates Beijing may ‘rethink its position’, experts say.

China is likely to support Russia financially and through trade throughout the Ukraine crisis, though if the situation escalates Beijing may ‘rethink its position’, experts say.

9 Mar 2022 - 1:25PM
Russian forces enter Ukraine capital Kyiv after morning missile strikes

The first Russian military units have entered Kyiv, the Ukrainian Defence Ministry said on Friday, on the second day of Moscow’s invasion of Ukraine.

The first Russian military units have entered Kyiv, the Ukrainian Defence Ministry said on Friday, on the second day of Moscow’s invasion of Ukraine.

9 Mar 2022 - 1:25PM
Ukraine crisis: China’s economy faces ‘minimal’ fallout from sanctions on Russia, despite close ties

Following Moscow’s recognition of two breakaway regions in eastern Ukraine on Monday, analysts say the impact of Western sanctions on Russia-China economic cooperation is likely to be ‘limited’.

Following Moscow’s recognition of two breakaway regions in eastern Ukraine on Monday, analysts say the impact of Western sanctions on Russia-China economic cooperation is likely to be ‘limited’.

9 Mar 2022 - 1:33PM
US-China trade: as barriers remain to a trade solution, analysts stress need to get on the same page

Trying to impose one’s economic will on another country will get them nowhere, experts say, as parties will do what they feel is best for their own country and people.

Trying to impose one’s economic will on another country will get them nowhere, experts say, as parties will do what they feel is best for their own country and people.

21 Feb 2022 - 9:30AM
China’s economic policymakers expected to implement ‘more pro-growth policies’ after high-profile March meetings

The Narrowing interest rate gap with the United States poses an economic risk to China, but Beijing has the tools to minimise the impact, according to analysts.

The Narrowing interest rate gap with the United States poses an economic risk to China, but Beijing has the tools to minimise the impact, according to analysts.

19 Feb 2022 - 10:34AM
China-Australia relations: icy diplomatic ties leave Australian exporters ‘vulnerable’, despite resilient trade

Despite an increase in exports to China last year, many Australian firms are still on edge as political tension between Canberra and Beijing shows no signs of easing.

Despite an increase in exports to China last year, many Australian firms are still on edge as political tension between Canberra and Beijing shows no signs of easing.

16 Feb 2022 - 9:07AM