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

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.

10 Oct 2019 - 9:17AM

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
US-China trade war may cost US$700 billion by 2020 in synchronised global slowdown, new IMF chief says

Global economy in ‘synchronised slowdown’ amid trade war between China and the United States, new IMF head Kristalina Georgieva says.

15 Oct 2019 - 10:55AM

Global economy in ‘synchronised slowdown’ amid trade war between China and the United States, new IMF head Kristalina Georgieva says.

US-China trade war may cost US$700 billion by 2020 in synchronised global slowdown, new IMF chief says
China’s one-sided capital account controls face backlash as US weighs curbs on investment

Beijing’s policy of maintaining strict controls on outbound capital is facing a backlash in the US and causing potential investors to drag their feet, analysts say.

1 Oct 2019 - 11:37AM

Beijing’s policy of maintaining strict controls on outbound capital is facing a backlash in the US and causing potential investors to drag their feet, analysts say.

China’s one-sided capital account controls face backlash as US weighs curbs on  investment
China sells 10 billion yuan of bills in Hong Kong to protect currency ahead of National Day, US trade war talks

The People’s Bank of China’s auctioned 10 billion yuan (US$1.4 billion) of six-month bills in the embattled city on Thursday.

26 Sep 2019 - 10:58PM

The People’s Bank of China’s auctioned 10 billion yuan (US$1.4 billion) of six-month bills in the embattled city on Thursday.

China sells 10 billion yuan of bills in Hong Kong to protect currency ahead of National Day, US trade war talks
Trade war and China economic slowdown sees Asian Development Bank cut regional growth forecasts

Chief economist warns that with trade war set to continue into 2020, ‘economies may struggle even more than we currently anticipate’.

25 Sep 2019 - 9:30AM

Chief economist warns that with trade war set to continue into 2020, ‘economies may struggle even more than we currently anticipate’.

Trade war and China economic slowdown sees Asian Development Bank cut regional growth forecasts
Chinese property tycoon in London says Brexit making potential investors nervous

Prolonged indecisiveness and conflict making problem ‘more complicated than it should be’, says Xu Weiping, chairman of Advanced Business Park.

23 Sep 2019 - 9:29AM

Prolonged indecisiveness and conflict making problem ‘more complicated than it should be’, says Xu Weiping, chairman of Advanced Business Park.

Chinese property tycoon in London says Brexit making potential investors nervous
China’s ‘most hated’ ex-regulator warns that government intervention creates stock boom-to-bust cycles

Xiao Gang, who oversaw China’s stock markets during the 2015 crash, stresses need to rectify authorities’ ‘fatherly love’ type of supervision.

20 Sep 2019 - 9:59AM

Xiao Gang, who oversaw China’s stock markets during the 2015 crash, stresses need to rectify authorities’ ‘fatherly love’ type of supervision.

China’s ‘most hated’ ex-regulator warns that government intervention creates stock boom-to-bust cycles
China’s yuan makes little progress to dethrone the US dollar as global currency, survey finds

Yuan’s share of international currency transactions only 4.3 per cent, compared to 88 per cent for US dollar, Bank for International Settlements finds.

17 Sep 2019 - 9:44AM

Yuan’s share of international currency transactions only 4.3 per cent, compared to 88 per cent for US dollar, Bank for International Settlements finds.

China’s yuan makes little progress to dethrone the US dollar as global currency, survey finds
Hong Kong’s forex reserves drop in August due to ‘technical classification’, monetary authority says

The sharp US$15.6 billion decline was due to assets being transferred to local banks, according to the Hong Kong Monetary Authority.

13 Sep 2019 - 3:06AM

The sharp US$15.6 billion decline was due to assets being transferred to local banks, according to the Hong Kong Monetary Authority.

Hong Kong’s forex reserves drop in August due to ‘technical classification’, monetary authority says
Hong Kong credit rating at risk of further downgrade if protests continue, Fitch warns

Ratings agency Fitch trimmed Hong Kong’s credit rating for the first time since 1995 last week, while also cutting the city’s credit rating outlook.

11 Sep 2019 - 11:55AM

Ratings agency Fitch trimmed Hong Kong’s credit rating for the first time since 1995 last week, while also cutting the city’s credit rating outlook.

Hong Kong credit rating at risk of further downgrade if protests continue, Fitch warns
Capital outflows amid Hong Kong’s protests could have caused record drop in forex reserves, analysts say

Foreign exchange reserves fell from a record high of US$448.4 billion in July to US$432.8 billion in August, the biggest since the data was first published in 1988.

12 Sep 2019 - 7:10PM

Foreign exchange reserves fell from a record high of US$448.4 billion in July to US$432.8 billion in August, the biggest since the data was first published in 1988.

Capital outflows amid Hong Kong’s protests could have caused record drop in forex reserves, analysts say
China’s consumer price index remains flat despite almost 50 per cent spike in cost of pork

The consumer price index (CPI) rose 2.8 per cent, unchanged from the previous month’s rate as a 23.1 per cent rise in pork prices continued to fuel inflation.

10 Sep 2019 - 11:03PM

The consumer price index (CPI) rose 2.8 per cent, unchanged from the previous month’s rate as a 23.1 per cent rise in pork prices continued to fuel inflation.

China’s consumer price index remains flat despite almost 50 per cent spike in cost of pork
Chinese companies turned off from British stock market connect by Brexit uncertainty

London-Shanghai Stock Connect programme has started slowly with only one Chinese firm listed in London and no British firms listed in Shanghai.

6 Sep 2019 - 6:35AM

London-Shanghai Stock Connect programme has started slowly with only one Chinese firm listed in London and no British firms listed in Shanghai.

Chinese companies turned off from British stock market connect by Brexit uncertainty
China says Donald Trump’s attempts to use Hong Kong as ‘bargaining chip’ in US trade talks will fail

Donald Trump on Friday claimed US-China trade talks were ‘keeping down the temperature’ in the protest-hit city.

3 Sep 2019 - 3:29PM

Donald Trump on Friday claimed US-China trade talks were ‘keeping down the temperature’ in the protest-hit city.

China says Donald Trump’s attempts to use Hong Kong as ‘bargaining chip’ in US trade talks will fail
Is China using Hong Kong protests to chip away at city’s economic freedoms?

Hong Kong’s future as a major international financial centre has been brought into question as the anti-government demonstrations head into a third month.

31 Aug 2019 - 7:30AM

Hong Kong’s future as a major international financial centre has been brought into question as the anti-government demonstrations head into a third month.

Is China using Hong Kong protests to chip away at city’s economic freedoms?
China’s yuan exchange rate set to post largest monthly decline since 1994
China’s dream of making the yuan a global currency hit by Hong Kong protests, depreciation, analysts say

The yuan slipped to the sixth most-used international transaction currency, behind the Canadian dollar, in July, according to financial messaging service provider Swift.

30 Aug 2019 - 11:38PM

The yuan slipped to the sixth most-used international transaction currency, behind the Canadian dollar, in July, according to financial messaging service provider Swift.

China’s dream of making the yuan a global currency hit by Hong Kong protests, depreciation, analysts say
US-China trade war escalation seen moving global recession risk closer to tipping point

Tit-for-tat tariff increases point to no deal in the short term and disintegration of US-China relationship, economists say.

27 Aug 2019 - 4:07AM

Tit-for-tat tariff increases point to no deal in the short term and disintegration of US-China relationship, economists say.

US-China trade war escalation seen moving global recession risk closer to tipping point
China’s yuan currency slides to fresh 11-year low, sparking fears of capital flight from Asia

China appears to be preparing to offset the impact of Donald Trump’s new US tariffs, increasing fears of regional currency declines and further equity exodus.

26 Aug 2019 - 11:45AM

China appears to be preparing to offset the impact of Donald Trump’s new US tariffs, increasing fears of regional currency declines and further equity exodus.

China’s yuan currency slides to fresh 11-year low, sparking fears of capital flight from Asia
Hong Kong’s US dollar peg could be a weak link if protests drag on, China scholar warns

The Hong Kong dollar has been pegged at 7.8 to the US dollar since 1983, and has helped the city survive the Asian financial crisis and Sars epidemic.

23 Aug 2019 - 5:15PM

The Hong Kong dollar has been pegged at 7.8 to the US dollar since 1983, and has helped the city survive the Asian financial crisis and Sars epidemic.

Hong Kong’s US dollar peg could be a weak link if protests drag on, China scholar warns
Are Hong Kong’s protests crushing the city’s role in China’s Greater Bay Area plan?

Greater flow of people, capital and goods across the area would improve competition and bolster growth as trade war continues to bite.

21 Aug 2019 - 8:16AM

Greater flow of people, capital and goods across the area would improve competition and bolster growth as trade war continues to bite.

Are Hong Kong’s protests crushing the city’s role in China’s Greater Bay Area plan?
China may use foreign exchange reserves to fight US financial war risk, analysts say

It may utilise its US$3.1 trillion to adopt a more defensive stance, such as supporting the yuan’s exchange rate, as the trade war with the United States spreads to finance.

14 Aug 2019 - 10:59PM

It may utilise its US$3.1 trillion to adopt a more defensive stance, such as supporting the yuan’s exchange rate, as the trade war with the United States spreads to finance.

China may use foreign exchange reserves to fight US financial war risk, analysts say
China’s consumer spending expected to weaken further this year as result of escalating US trade war tensions

Job and income growth uncertainty means consumers remain cautious about spending, while retail sales growth for July is set to slow as effect of cars sales incentives wears off.

12 Aug 2019 - 9:31AM

Job and income growth uncertainty means consumers remain cautious about spending, while retail sales growth for July is set to slow as effect of cars sales incentives wears off.

China’s consumer spending expected to weaken further this year as result of escalating US trade war tensions
Is China’s ‘currency manipulator’ tag the start of a global recession, currency war?

China allowed the yuan to weaken below 7 to the dollar on Monday for the first time in 11 years, raising fears of a financial crisis and global recession.

12 Aug 2019 - 10:31AM

China allowed the yuan to weaken below 7 to the dollar on Monday for the first time in 11 years, raising fears of a financial crisis and global recession.

Is China’s ‘currency manipulator’ tag the start of a global recession, currency war?