Karen Yeung

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.
Karen Yeung
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.

Latest from Karen Yeung

US economic outlook and Fed interest rate cut rest on Donald Trump’s meeting with Xi Jinping, analysts say

The two world leaders are set to meet at the G20 summit next week in Osaka, Japan next week to discuss the ongoing US-China trade war.

4 hours ago

The two world leaders are set to meet at the G20 summit next week in Osaka, Japan next week to discuss the ongoing US-China trade war.

US economic outlook and Fed interest rate cut rest on Donald Trump’s meeting with Xi Jinping, analysts say
China signals currency war truce ahead of Xi Jinping’s meeting with Donald Trump at G20 in Japan

The People’s Bank of China will sell 30 billion yuan (US$4.3 billion) worth of short terms bonds in Hong Kong next week to facilitate propping up the yuan.

20 Jun 2019 - 9:29AM

The People’s Bank of China will sell 30 billion yuan (US$4.3 billion) worth of short terms bonds in Hong Kong next week to facilitate propping up the yuan.

China signals currency war truce ahead of Xi Jinping’s meeting with Donald Trump at G20 in Japan
Is China’s concern over a possible US dollar shortage risk forcing companies to sell overseas assets?

China’s need for US dollars to repay debts, pay for imports and fund Belt and Road initiative projects may exceed its US$3.1 trillion in foreign exchange reserves.

20 Jun 2019 - 9:43AM

China’s need for US dollars to repay debts, pay for imports and fund Belt and Road initiative projects may exceed its US$3.1 trillion in foreign exchange reserves.

Is China’s concern over a possible US dollar shortage risk forcing companies to sell overseas assets?
Indonesia benefiting as China’s shoemakers shift production as US trade war worsens, central bank official says

The Southeast Asian nation’s footwear exports to the United States have grown 6.7 per cent at the start of 2019, compared with a 4.7 per cent rise in 2018.

14 Jun 2019 - 8:54AM

The Southeast Asian nation’s footwear exports to the United States have grown 6.7 per cent at the start of 2019, compared with a 4.7 per cent rise in 2018.

Indonesia benefiting as China’s shoemakers shift production as US trade war worsens, central bank official says
G20 finance chiefs vow to act on ‘intensifying’ global trade and geopolitical tensions

Policymakers issue joint communique saying they ‘will continue to address risks and stand ready to take further action’ as trade war between US and China dominates discussions.

13 Jun 2019 - 10:13AM

Policymakers issue joint communique saying they ‘will continue to address risks and stand ready to take further action’ as trade war between US and China dominates discussions.

G20 finance chiefs vow to act on ‘intensifying’ global trade and geopolitical tensions
US President Donald Trump ‘perfectly happy’ to impose more tariffs on Chinese goods if talks fail to progress, Steven Mnuchin says

US Treasury Secretary Steven Mnuchin puts ball back in Beijing’s court, saying Washington prepared to ‘move forward’ as long as China accepts its terms.

10 Jun 2019 - 10:47AM

US Treasury Secretary Steven Mnuchin puts ball back in Beijing’s court, saying Washington prepared to ‘move forward’ as long as China accepts its terms.

US President Donald Trump ‘perfectly happy’ to impose more tariffs on Chinese goods if talks fail to progress, Steven Mnuchin says
Chinese, US finance chiefs find common ground on need to reform global tax rules

Liu Kun says leaders must work together to tackle challenges of digital economy, rapid growth of information technology; Steve Mnuchin agrees a globally fair and modern international taxation system is needed.

9 Jun 2019 - 9:22AM

Liu Kun says leaders must work together to tackle challenges of digital economy, rapid growth of information technology; Steve Mnuchin agrees a globally fair and modern international taxation system is needed.

Chinese, US finance chiefs find common ground on need to reform global tax rules
China is letting value of yuan slide to offset trade war tariffs, US Treasury Secretary Mnuchin says

Currency’s slump is not a coincidence and could be the result of Beijing not intervening in markets, politician says.

9 Jun 2019 - 9:44AM

Currency’s slump is not a coincidence and could be the result of Beijing not intervening in markets, politician says.

China is letting value of yuan slide to offset trade war tariffs, US Treasury Secretary Mnuchin says
Will Steven Mnuchin’s meeting with China’s central bank chief at G20 help break US-China trade impasse?

It could provide an indication of whether Xi Jinping and Donald Trump will meet at the G20 leaders summit in Osaka later this month.

6 Jun 2019 - 8:24PM

It could provide an indication of whether Xi Jinping and Donald Trump will meet at the G20 leaders summit in Osaka later this month.

Will Steven Mnuchin’s meeting with China’s central bank chief at G20 help break US-China trade impasse?
Why is US dollar access so restrained in China as trade war rages on?

Foreign financial institutions increasingly reluctant to lend US dollars to Chinese banks given worries about financial risks amid the trade war.

6 Jun 2019 - 7:25PM

Foreign financial institutions increasingly reluctant to lend US dollars to Chinese banks given worries about financial risks amid the trade war.

Why is US dollar access so restrained in China as trade war rages on?
Does China have enough US dollars to survive the US trade war?

China’s US$3.1 trillion in foreign exchange reserves may not be sufficient to support a crisis in the economy, analysts say.

31 May 2019 - 11:38AM

China’s US$3.1 trillion in foreign exchange reserves may not be sufficient to support a crisis in the economy, analysts say.

Does China have enough US dollars to survive the US trade war?
China mulls scrapping benchmark lending rates in line with market conditions in latest reform move

People’s Bank of China weigh further interest rate liberalisation in the midst of the trade war with the United States, including scrapping benchmark lending rates.

28 May 2019 - 8:45PM

People’s Bank of China weigh further interest rate liberalisation in the midst of the trade war with the United States, including scrapping benchmark lending rates.

China mulls scrapping benchmark lending rates in line with market conditions in latest reform move
China showing signs similar to Japanese housing bubble that led to its ‘lost decades’, expert warns

China’s housing market is showing signs of a bubble similar to that seen in Japan in the 1980s, says Asian Development Bank Institute dean and CEO Naoyuki Yoshino.

28 May 2019 - 3:27PM

China’s housing market is showing signs of a bubble similar to that seen in Japan in the 1980s, says Asian Development Bank Institute dean and CEO Naoyuki Yoshino.

China showing signs similar to Japanese housing bubble that led to its ‘lost decades’, expert warns
China would not fall foul of US proposal to penalise currency manipulators, analysts say

US President Donald Trump seeking to penalise countries that allow their currency to fall against the US dollar to offset the impact of new US trade sanctions.

27 May 2019 - 10:19PM

US President Donald Trump seeking to penalise countries that allow their currency to fall against the US dollar to offset the impact of new US trade sanctions.

China would not fall foul of  US proposal to penalise currency manipulators, analysts say
Could China dump its US Treasuries to fight the trade war? A contrarian view is emerging in Beijing

As trade war escalates, there is increasing talk in China’s state media that Beijing will use monetary weapons to retaliate as ‘last resort’.

23 May 2019 - 10:10PM

As trade war escalates, there is increasing talk in China’s state media that Beijing will use monetary weapons to retaliate as ‘last resort’.

Could China dump its US Treasuries to fight the trade war? A contrarian view is emerging in Beijing
China talks up the value of yuan as Donald Trump’s trade war hits currency rate

Head of the State Administration of Foreign Exchange says will keep the yuan stable at a ‘reasonable and balanced level’, despite tariff pressure.

23 May 2019 - 7:10PM

Head of the State Administration of Foreign Exchange says will keep the yuan stable at a ‘reasonable and balanced level’, despite tariff pressure.

China talks up the value of yuan as Donald Trump’s trade war hits currency rate
Will a falling yuan ‘torpedo’ China’s trade talks with the US?

A further drop to 7 yuan against the dollar could help counter China’s tariff costs, even though Beijing has vowed it won’t use the currency as ammunition in the trade war.

16 May 2019 - 9:52AM

A further drop to 7 yuan against the dollar could help counter China’s tariff costs, even though Beijing has vowed it won’t use the currency as ammunition in the trade war.

Will a falling yuan ‘torpedo’ China’s trade talks with the US?
Is US-China trade war starting to erode US dollar dominance?

Asean+3 mulls adding yuan and yen to regional reserves pool on expected shifts in consumption and investment patterns away from globalisation due to trade war

13 May 2019 - 11:04PM

Asean+3 mulls adding yuan and yen to regional reserves pool on expected shifts in consumption and investment patterns away from globalisation due to trade war

Is US-China trade war starting to erode US dollar dominance?
Will China use its US$1.2 trillion of US debt as firepower to fight the trade war?

Fears among investors and analysts on how escalating tensions will unravel continue to rise after the US raised tariffs on Friday.

12 May 2019 - 4:09PM

Fears among investors and analysts on how escalating tensions will unravel continue to rise after the US raised tariffs on Friday.

Will China use its US$1.2 trillion of US debt as firepower to fight the trade war?
China inflation jumps to six-month high as African swine fever drives up pork prices

Consumer prices rise to 2.5 per cent in April, up from 2.3 per cent in March, as pork prices jump 14.4 per cent, according to the National Bureau of Statistics.

6 Jun 2019 - 3:38AM

Consumer prices rise to 2.5 per cent in April, up from 2.3 per cent in March, as pork prices jump 14.4 per cent, according to the National Bureau of Statistics.

China inflation jumps to six-month high as African swine fever drives up pork prices
Donald Trump’s threat to increase China tariffs dashes hopes of keeping yuan exchange rate stable

US President Donald Trump says he will increase levies on Chinese exports leading yuan to drop by almost 1 per cent to 6.7976 per dollar on Monday.

6 May 2019 - 10:38PM

US President Donald Trump says he will increase levies on Chinese exports leading yuan to drop by almost 1 per cent to 6.7976 per dollar on Monday.

Donald Trump’s threat to increase China tariffs dashes hopes of keeping yuan exchange rate stable
Donald Trump’s ‘Thanos-like’ tariff threat to China adds to ‘risk of global recession’, analysts say

US President Donald Trump compared to the character from the ‘Avengers’ after Sunday’s threat to increase tariffs on Chinese goods from 10 per cent to 25 per cent.

6 May 2019 - 11:28PM

US President Donald Trump compared to the character from the ‘Avengers’ after Sunday’s threat to increase tariffs on Chinese goods from 10 per cent to 25 per cent.

Donald Trump’s ‘Thanos-like’ tariff threat to China adds to ‘risk of global recession’, analysts say
Economic mood sours in US, China and Asia in April, as green shoots wilt

Asia economic sentiment remained weak in April, due in large part to soft foreign demand, signalling continued global growth risks.

2 May 2019 - 11:27PM

Asia economic sentiment remained weak in April, due in large part to soft foreign demand, signalling continued global growth risks.

Economic mood sours in US, China and Asia in April, as green shoots wilt
China’s industrial profits show biggest gains in eight months as hopes rise for end to US-China trade war

Industrial profits rose by 13.9 per cent year on year in March to 589.52 billion yuan (US$87.5 billion) in the biggest increase since July.

29 Apr 2019 - 12:32PM

Industrial profits rose by 13.9 per cent year on year in March to 589.52 billion yuan (US$87.5 billion) in the biggest increase since July.

China’s industrial profits show biggest gains in eight months as hopes rise for end to US-China trade war
Japan opposed to linking currency to trade despite American fears over unfair devaluation

The US is concerned that its trading partners have unfairly devaluated their currencies through market interventions to help their exporters gain a competitive advantage.

3 May 2019 - 9:31AM

The US is concerned that its trading partners have unfairly devaluated their currencies through market interventions to help their exporters gain a competitive advantage.

Japan opposed to linking currency to trade despite American fears over unfair devaluation
China economy faces threat from obscure financial tool that could trigger domino effect of defaults

A high profile debt default in China has fuelled concerns over an obscure financial instrument that is growing in popularity among debt-laden companies.

25 Apr 2019 - 9:36AM

A high profile debt default in China has fuelled concerns over an obscure financial instrument that is growing in popularity among debt-laden companies.

China economy faces threat from obscure financial tool that could trigger domino effect of defaults
China consumer spending ‘not fully recovered’ from US-China trade war despite improving sentiment

Gross domestic product, fixed asset investment and retail sales improved from the fourth quarter, highlighting improved sentiment.

18 Apr 2019 - 10:36PM

Gross domestic product, fixed asset investment and retail sales improved from the fourth quarter, highlighting improved sentiment.

China consumer spending ‘not fully recovered’ from US-China trade war despite improving sentiment
China’s state-owned firms under pressure from foreign investors to boost transparency

Recent moves by some Chinese state-owned enterprises to boost transparency in supply chain management caused their stock prices to jump.

17 Apr 2019 - 10:13PM

Recent moves by some Chinese state-owned enterprises to boost transparency in supply chain management caused their stock prices to jump.

China’s state-owned firms under pressure from foreign investors to boost transparency
China’s unsustainable debt levels may trigger large-scale corporate defaults, OECD warns

Corporate debt in China stood at 155 per cent of gross domestic product by the end of second quarter of 2018, much higher than other major economies.

18 Apr 2019 - 9:38AM

Corporate debt in China stood at 155 per cent of gross domestic product by the end of second quarter of 2018, much higher than other major economies.

China’s unsustainable debt levels may trigger large-scale corporate defaults, OECD warns
US-China trade war means it’s ‘too soon to predict a turnaround in fortunes’ for regional manufacturing

Rise in China’s Purchasing Managers’ Index matched by the likes of Indonesia, Vietnam, Thailand, Japan, South Korea and Taiwan in March, but analysts remain cautious.

2 Apr 2019 - 10:27PM

Rise in China’s Purchasing Managers’ Index matched by the likes of Indonesia, Vietnam, Thailand, Japan, South Korea and Taiwan in March, but analysts remain cautious.

US-China trade war means it’s ‘too soon to predict a turnaround in fortunes’ for regional manufacturing