Karen Yeung

Hong Kong

Karen Yeung

Specialist Reporter, Business

Karen Yeung joined the Post in 2017 after more than 15 years' experience on global newswires in Hong Kong and Shanghai. She spent eight years in Shanghai and has received awards for best feature, analysis and agenda-setting.

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Latest from Karen Yeung

US dollar transfers cut back by Chinese bank as Beijing steps up scrutiny of capital outflows

China Merchants Bank has suspended a programme that allowed customers to set up automatic transfers to overseas accounts in US dollars.

4 Dec 2019 - 8:00PM

China Merchants Bank has suspended a programme that allowed customers to set up automatic transfers to overseas accounts in US dollars.

US dollar transfers cut back by Chinese bank as Beijing steps up scrutiny of capital outflows
China economic recovery to be short-lived despite manufacturing rebound as analysts fail to upgrade forecasts

Rebounds in China’s private and official manufacturing purchasing managers’ indices (PMIs) for November fail to result in upgrades in economic growth forecasts for 2020.

3 Dec 2019 - 9:21AM

Rebounds in China’s private and official manufacturing purchasing managers’ indices (PMIs) for November fail to result in upgrades in economic growth forecasts for 2020.

China economic recovery to be short-lived despite manufacturing rebound as analysts fail to upgrade forecasts
China’s small factory activity expanded in November at fastest pace in nearly three years

Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) rose to 51.8 from 51.7 in October, the fastest expansion since reaching 51.9 in December 2016.

2 Dec 2019 - 11:07AM

Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) rose to 51.8 from 51.7 in October, the fastest expansion since reaching 51.9 in December 2016.

China’s small factory activity expanded in November at fastest pace in nearly three years
China’s yuan is 10 years from ending US dollar hegemony, says economist Jeffrey Sachs

Jeffrey Sachs repeats claims that US dollar hegemony is nearing its end, with the Chinese yuan among those currencies to challenge within a decade.

29 Nov 2019 - 9:34AM

Jeffrey Sachs repeats claims that US dollar hegemony is nearing its end, with the Chinese yuan among those currencies to challenge within a decade.

China’s yuan is 10 years from ending US dollar hegemony, says economist Jeffrey Sachs
Hong Kong shipping could get a shot in the arm from China state-owned firms, says China Merchants

Government-backed companies could compliment the business models of private shipping firms in the financial hub, says state-backed China Merchants Energy Shipping.

27 Nov 2019 - 11:38AM

Government-backed companies could compliment the business models of private shipping firms in the financial hub, says state-backed China Merchants Energy Shipping.

Hong Kong shipping could get a shot in the arm from China state-owned firms, says China Merchants
Hong Kong elections: long queues as voting kicks off in first polls since protest crisis erupted

More than 4 million due to vote in Sunday’s district council elections, which have extra significance amid unrest. People arrive early at polling stations following rumours voting could close if trouble breaks out.

24 Nov 2019 - 6:26PM

More than 4 million due to vote in Sunday’s district council elections, which have extra significance amid unrest. People arrive early at polling stations following rumours voting could close if trouble breaks out.

Hong Kong elections: long queues as voting kicks off in first polls since protest crisis erupted
China will make state economy ‘stronger, better and bigger’, top trade negotiator Liu He says

The preferential treatment China gives its state-owned enterprises (SOEs) is one of the key disputes between Washington and Beijing.

25 Nov 2019 - 11:43AM

The preferential treatment China gives its state-owned enterprises (SOEs) is one of the key disputes between Washington and Beijing.

China will make state economy ‘stronger, better and bigger’, top trade negotiator Liu He says
US-China trade war has caused major shift in global trade landscape, says Li & Fung

Trade row between Washington and Beijing has complicated global trade environment, especially for logistics industry, says sourcing and logistics giant Li & Fung.

20 Nov 2019 - 5:01PM

Trade row between Washington and Beijing has complicated global trade environment, especially for logistics industry, says sourcing and logistics giant Li & Fung.

US-China trade war has caused major shift in global trade landscape, says Li & Fung
US trade war pushing foreign lighting companies to shift focus of China production to serve domestic market

Foreign lighting manufacturers in China are increasingly focusing on the country’s huge domestic market as the effects of US tariffs add up on their businesses.

21 Nov 2019 - 2:50PM

Foreign lighting manufacturers in China are increasingly focusing on the country’s huge domestic market as the effects of US tariffs add up on their businesses.

US trade war pushing foreign lighting companies to shift focus of China production to serve domestic market
China’s surging pork prices leave limited leeway for interest rate cut to support growth

Surging pork prices pushed China’s consumer price index to a nearly eight year high in October, making the central bank reluctant to act even as the economy slows further.

17 Nov 2019 - 5:06PM

Surging pork prices pushed China’s consumer price index to a nearly eight year high in October, making the central bank reluctant to act even as the economy slows further.

China’s surging pork prices leave limited leeway for interest rate cut to support growth
China’s new bank loans drop to lowest level in almost two years in October as manufacturers feel the pinch

Banks in China extended 661.3 billion yuan (US$94.5 billion) in net new loans last month, sharply down from the 1.69 trillion yuan (US$241.5 billion) in September.

12 Nov 2019 - 4:23PM

Banks in China extended 661.3 billion yuan (US$94.5 billion) in net new loans last month, sharply down from the 1.69 trillion yuan (US$241.5 billion) in September.

China’s new bank loans drop to lowest level in almost two years in October as manufacturers feel the pinch
Hong Kong start-ups lack Shenzhen’s international focus, limiting opportunities, survey finds

Mainland firms more focused on cutting-edge technology, while Hong Kong government support slow and inefficient, limiting chances to expand.

11 Nov 2019 - 11:38AM

Mainland firms more focused on cutting-edge technology, while Hong Kong government support slow and inefficient, limiting chances to expand.

Hong Kong start-ups lack Shenzhen’s international focus, limiting opportunities, survey finds
China’s yuan soars above key level against US dollar on hopes that Trump considering ditching some tariffs

Amid hopes that Donald Trump may remove some tariffs in US-China trade war phase one deal, China’s yuan bounced back above the 7 to the US dollar mark.

5 Nov 2019 - 7:47PM

Amid hopes that Donald Trump may remove some tariffs in US-China trade war phase one deal, China’s yuan bounced back above the 7 to the US dollar mark.

China’s yuan soars above key level against US dollar on hopes that Trump considering ditching some tariffs
China services sector activity slips to eight-month low in October, Caixin PMI survey shows

China’s services sector activity in October expanded at its slowest pace since February amid an ongoing trade war with the United States.

5 Nov 2019 - 10:41PM

China’s services sector activity in October expanded at its slowest pace since February amid an ongoing trade war with the United States.

China services sector activity slips to eight-month low in October, Caixin PMI survey shows
As Hong Kong protests rage, finance chief Paul Chan warns of further forecast downgrade for city’s economic growth

A cut in predicted GDP growth may be ‘unavoidable’, says Financial Secretary Paul Chan, with economy taking a battering from violent protests and US-China trade war.

4 Nov 2019 - 3:25AM

A cut in predicted GDP growth may be ‘unavoidable’, says Financial Secretary Paul Chan, with economy taking a battering from violent protests and US-China trade war.

As Hong Kong protests rage, finance chief Paul Chan warns of further forecast downgrade for city’s economic growth
Ping pong allows Hang Seng’s CEO to show true personality as woman at top of leading Hong Kong bank

Louisa Cheang Wai-wan, the CEO of Hang Seng Bank, says self-confidence and authenticity helps her lead one of Hong Kong’s most extensive banking networks.

18 Nov 2019 - 9:30AM

Louisa Cheang Wai-wan, the CEO of Hang Seng Bank, says self-confidence and authenticity helps her lead one of Hong Kong’s most extensive banking networks.

Ping pong allows Hang Seng’s CEO to show true personality as woman at top of leading Hong Kong bank
China’s small factory activity best in nearly three years, but outlook for Asia region remains fragile

The Caixin/Markit factory purchasing managers’ index (PMI) hit a near three-year high of 51.7 in October, but the economic outlook across Asia remained fragile.

1 Nov 2019 - 10:00PM

The Caixin/Markit factory purchasing managers’ index (PMI) hit a near three-year high of 51.7 in October, but the economic outlook across Asia remained fragile.

China’s small factory activity best in nearly three years, but outlook for Asia region remains fragile
China’s capital outflows widen, but US trade war currency deal could ease pressures

Negotiators are believed to be discussing a currency provision in trade truce deal that may help ease pressure on the yuan and help limit outflows reported by analysts.

29 Oct 2019 - 2:54AM

Negotiators are believed to be discussing a currency provision in trade truce deal that may help ease pressure on the yuan and help limit outflows reported by analysts.

China’s capital outflows widen, but US trade war currency deal could ease pressures
China’s Beijing-Shanghai high-speed rail operator is more profitable than Apple, plans stock market listing

Proposal for initial public offering reveals company that runs 1,300km section of line between key cities is more profitable than Apple.

29 Oct 2019 - 10:26AM

Proposal for initial public offering reveals company that runs 1,300km section of line between key cities is more profitable than Apple.

China’s Beijing-Shanghai high-speed rail operator  is more profitable than Apple, plans stock market listing
China industrial profits in biggest fall in four years as US tariffs bite

Profits at China’s industrial enterprises shrank 5.3 per cent in September, marking the deepest fall in four years, according to data from the National Bureau of Statistics.

28 Oct 2019 - 8:10PM

Profits at China’s industrial enterprises shrank 5.3 per cent in September, marking the deepest fall in four years, according to data from the National Bureau of Statistics.

China industrial profits in biggest fall in four years as US tariffs bite
Hong Kong ‘protests highlight need for new role’ for city’s in China’s Greater Bay Area plan

Wong Chung-kiu, co-founder of the Greater Bay Area Impact Forum Foundation, says a new set of goals and ideals is needed to allow city to continue to develop.

28 Oct 2019 - 8:19PM

Wong Chung-kiu, co-founder of the Greater Bay Area Impact Forum Foundation, says a new set of goals and ideals is needed to allow city to continue to develop.

Hong Kong ‘protests highlight need for new role’ for city’s in China’s Greater Bay Area plan
Hong Kong police face questions over targeting journalists during weekend protests

Hong Kong police were questioned over whether they were targeting reporters in their operations after videos showed journalists being hit by water cannons and pepper-sprayed during anti-government protests over the weekend.

22 Oct 2019 - 5:56PM

Hong Kong police were questioned over whether they were targeting reporters in their operations after videos showed journalists being hit by water cannons and pepper-sprayed during anti-government protests over the weekend.

Hong Kong police face questions over targeting journalists during weekend protests
Muslim Council of Hong Kong appeals for calm after police water cannons spray blue dye at front of Kowloon Mosque

Faith group urges Hongkongers not to make situation worse, thanks officers and residents for their support, after blue dye sprayed on front of Kowloon Mosque in Nathan Road.

21 Oct 2019 - 9:43AM

Faith group urges Hongkongers not to make situation worse, thanks officers and residents for their support, after blue dye sprayed on front of Kowloon Mosque in Nathan Road.

Muslim Council of Hong Kong appeals for calm after police water cannons spray blue dye at front of Kowloon Mosque
China-US currency deal would not be a new Plaza Accord of one-sided exchange rate movement, analysts say

Currency provisions are expected to be included in any interim deal between China and the United States following progress made during talks last week in Washington.

19 Oct 2019 - 7:12AM

Currency provisions are expected to be included in any interim deal between China and the United States following progress made during talks last week in Washington.

China-US currency deal would not be a new Plaza Accord of one-sided exchange rate movement, analysts say
US-China trade war update: deal or no deal, China’s record GDP slump and a return to ‘Made in Hong Kong’

US-China trade war update looks at what has really changed between the two countries since the handshakes and photos in Washington last week, and the major concerns for Beijing ahead. Also hear reports from the front line of the trade war for electronics manufacturing.

18 Oct 2019 - 5:25PM

US-China trade war update looks at what has really changed between the two countries since the handshakes and photos in Washington last week, and the major concerns for Beijing ahead. Also hear reports from the front line of the trade war for electronics manufacturing.

US-China trade war update: deal or no deal, China’s record GDP slump and a return to ‘Made in Hong Kong’
Hong Kong manufacturers relocating back to city from mainland China amid ongoing US trade war

US-China trade war is forcing some Hong Kong businesses to relocate part of their manufacturing operations back to the city to avoid American tariffs.

18 Oct 2019 - 11:25AM

US-China trade war is forcing some Hong Kong businesses to relocate part of their manufacturing operations back to the city to avoid American tariffs.

Hong Kong manufacturers relocating back to city from mainland China amid ongoing US trade war
China’s lack of ‘policy pragmatism’ biggest threat to long-term growth, veteran economist says

China watcher Andy Rothman says Beijing must continue to take the serious steps the economy needs to help it grow.

11 Oct 2019 - 10:07AM

China watcher Andy Rothman says Beijing must continue to take the serious steps the economy needs to help it grow.

China’s lack of ‘policy pragmatism’  biggest threat to long-term growth, veteran economist says
How women’s rights crusaders find both government support and suppression of #MeToo in China

Educator Wang Wei has received official backing for her online sex education platform, but it’s a different story for prominent activist Xiong Jing, whose NGO was forced to shut down.

17 Oct 2019 - 9:19AM

Educator Wang Wei has received official backing for her online sex education platform, but it’s a different story for prominent activist Xiong Jing, whose NGO was forced to shut down.

How women’s rights crusaders find both government support and suppression of #MeToo in China
China’s yuan rallies after report currency pact may be included in possible interim US trade war deal

China’s delegation led by Vice-Premier Liu He will meet their US counterparts in Washington on Thursday and Friday.

11 Oct 2019 - 4:06AM

China’s delegation led by Vice-Premier Liu He will meet their US counterparts in Washington on Thursday and Friday.

China’s yuan rallies after report currency pact may be included in possible interim US trade war deal
‘China’s rise’ cannot be blamed for regional job losses in developed countries, IMF finds

International Monetary Fund (IMF) study finds automation rather than market competition from China can be blamed for regional job losses in advanced economies.

22 Oct 2019 - 10:14AM

International Monetary Fund (IMF) study finds automation rather than market competition from China can be blamed for regional job losses in advanced economies.

‘China’s rise’ cannot be blamed for regional job losses in developed countries, IMF finds