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 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
China’s manufacturing bounced back in March as Caixin/Markit PMI shows unexpected good news

Caixin/Markit PMI rose to 50.8 in March, the first time in four months that it rose above the 50-point mark that separates growth from contraction.

1 Apr 2019 - 11:21PM

Caixin/Markit PMI rose to 50.8 in March, the first time in four months that it rose above the 50-point mark that separates growth from contraction.

China’s manufacturing bounced back in March as Caixin/Markit PMI shows unexpected good news
Can China’s bond inclusion on the Bloomberg Barclays Global Aggregate Index save its slowing economy?

Chinese government and policy bank bonds will be added to the index for the first time on Monday, a move analysts say could be worth US$150 billion.

1 Apr 2019 - 10:57PM

Chinese government and policy bank bonds will be added to the index for the first time on Monday, a move analysts say could be worth US$150 billion.

Can China’s bond inclusion on the Bloomberg Barclays Global Aggregate Index save its slowing economy?
China’s economic concerns mount as industrial profits crash to lowest since 2011

The data shows worrying figures across the board in China’s key industrial sectors with manufacturing profits falling by 15.7 per cent year-on-year.

27 Mar 2019 - 10:05PM

The data shows worrying figures across the board in China’s key industrial sectors with manufacturing profits falling by 15.7 per cent year-on-year.

China’s economic concerns mount as industrial profits crash to lowest since 2011
China’s fragile trade economy could be at risk, as EU outlook goes from bad to worse

The EU economy is facing a raft of issues, including Brexit, the transition of leadership in Germany, the violent ‘yellow vest’ protests in France and widespread populism.

27 Mar 2019 - 11:30AM

The EU economy is facing a raft of issues, including Brexit, the transition of leadership in Germany, the violent ‘yellow vest’ protests in France and widespread populism.

China’s fragile trade economy could be at risk, as EU outlook goes from bad to worse
US recession unlikely, says former Federal Reserve chair Janet Yellen says

Although economic growth in the United States is slowing, it is ‘not a dangerous situation’, she says.

27 Mar 2019 - 2:42PM

Although economic growth in the United States is slowing, it is ‘not a dangerous situation’, she says.

US recession unlikely, says former Federal Reserve chair Janet Yellen says
Can China count on its SOEs to boost ailing employment amid US-China trade war?

Salary cuts and lay-offs are on the rise in manufacturing and technology-related industries, but China wants to create 11 million new urban jobs this year.

29 Mar 2019 - 4:39PM

Salary cuts and lay-offs are on the rise in manufacturing and technology-related industries, but China wants to create 11 million new urban jobs this year.

Can China count on its SOEs to boost ailing employment amid US-China trade war?
Fed’s dovish policy will not erase carry trade risks in Hong Kong dollar, analysts say

The US Federal Reserve brought its three-year drive to tighten monetary policy to an abrupt end, with the Hong Kong dollar jumping to its strongest level in six weeks.

21 Mar 2019 - 9:15PM

The US Federal Reserve brought its three-year drive to tighten monetary policy to an abrupt end, with the Hong Kong dollar jumping to its strongest level in six weeks.

Fed’s dovish policy will not erase carry trade risks in Hong Kong dollar, analysts say
Nobel Prize winner Richard Thaler says China should use ‘nudge theory’ to improve the lives of citizens

‘Nudging’ proposes the use of positive reinforcement and indirect suggestion to influence behaviour and decision making.

19 Mar 2019 - 10:37PM

‘Nudging’ proposes the use of positive reinforcement and indirect suggestion to influence behaviour and decision making.

Nobel Prize winner Richard Thaler says China should use ‘nudge theory’ to improve the lives of citizens
Asia’s exports slump to deepen as global economic slowdown hits regional powerhouses

Outlook bleak for regional exporting powerhouses with US-China trade war pessimism adding to the fears over a worldwide slowdown in demand.

18 Mar 2019 - 11:04AM

Outlook bleak for regional exporting powerhouses with US-China trade war pessimism adding to the fears over a worldwide slowdown in demand.

Asia’s exports slump to deepen as global economic slowdown hits regional powerhouses
China’s private companies making a pig’s ear out of paying their bills as economic slowdown bites

Record numbers of Chinese companies are defaulting on their bonds, while they are also taking longer than ever to pay their suppliers, says trade credit insurer Coface.

14 Mar 2019 - 9:43AM

Record numbers of Chinese companies are defaulting on their bonds, while they are also taking longer than ever to pay their suppliers, says trade credit insurer Coface.

China’s private companies making a pig’s ear out of paying their bills as economic slowdown bites
Hong Kong’s monetary authority steps in for the second time in a week to prop up the local dollar as interest rate gap widens

The city’s de facto central bank spent HK$3.925 billion (US$500 million) in its latest outing to buy the local currency and keep it within the limits of a trading band.

13 Mar 2019 - 10:54PM

The city’s de facto central bank spent HK$3.925 billion (US$500 million) in its latest outing to buy the local currency and keep it within the limits of a trading band.

Hong Kong’s monetary authority steps in for the second time in a week to prop up the local dollar as interest rate gap widens
China may be banking on market reforms rather than interest rate cuts to boost growth, analysts say

Comments by People’s Bank of China governor Yi Gang seen as giving no hint of imminent benchmark rate cut.

11 Mar 2019 - 8:46PM

Comments by People’s Bank of China governor Yi Gang seen as giving no hint of imminent benchmark rate cut.

China may be banking on market reforms rather than interest rate cuts to boost growth, analysts say
China sounds a clarion call for a property tax, causing real estate stocks to slump, even if the legal basis for the tax is years away

The legislation for property taxes has been listed on National People’s Congress work agenda since 2015, but so far no draft has been proposed, thus little detail is known.

12 Mar 2019 - 7:20PM

The legislation for property taxes has been listed on National People’s Congress work agenda since 2015, but so far no draft has been proposed, thus little detail is known.

China sounds a clarion call for a property tax, causing real estate stocks to slump, even if the legal basis for the tax is years away
China’s new bank lending falls sharply in February from record high

Chinese banks made 885.8 billion yuan (US$131.8 billion) in net new yuan loans in February, down from the record 3.23 trillion yuan in new lending in January.

11 Mar 2019 - 9:35AM

Chinese banks made 885.8 billion yuan (US$131.8 billion) in net new yuan loans in February, down from the record 3.23 trillion yuan in new lending in January.

China’s new bank lending falls sharply in February from record high
China’s producer price index holds steady in February as deflation stalks economy
  • February producer prices rise 0.1 per cent from a year earlier, but stay below expectations.
9 Mar 2019 - 10:30PM
  • February producer prices rise 0.1 per cent from a year earlier, but stay below expectations.
China’s producer price index holds steady in February as deflation stalks economy
US-China trade decline leads to 20.7 per cent plunge in China’s total exports in February

China imported 19.9 per cent less from the US last month and exported 14.1 per cent fewer US goods in February, suggesting that the trade war is biting.

8 Mar 2019 - 10:55PM

China imported 19.9 per cent less from the US last month and exported 14.1 per cent fewer US goods in February, suggesting that the trade war is biting.

US-China trade decline leads to 20.7 per cent plunge in China’s total exports in February
China economy slows further as manufacturing sector PMI contracts for third straight month

Manufacturing index drops further to 49.2 from 49.5 in January after analysts had predicted an unchanged reading.

28 Feb 2019 - 11:18PM

Manufacturing index drops further to 49.2 from 49.5 in January after analysts had predicted an unchanged reading.

China economy slows further as manufacturing sector PMI contracts for third straight month
China PMI data expected to show manufacturing slumped for third month in a row

Activity in China’s manufacturing sector is expected to have contracted for a third straight month, suggesting the economy is still slowing.

27 Feb 2019 - 7:31PM

Activity in China’s manufacturing sector is expected to have contracted for a third straight month, suggesting the economy is still slowing.

China PMI data expected to show manufacturing slumped for third month in a row
China urged to avoid cautionary tale of Japan and the Plaza Accord in currency deal with US

The US demands that China limit the yuan’s depreciation have been compared with the Plaza Accord, under which countries pushed their currencies higher against the dollar.

26 Feb 2019 - 7:46PM

The US demands that China limit the yuan’s depreciation have been compared with the Plaza Accord, under which countries pushed their currencies higher against the dollar.

China urged to avoid cautionary tale of Japan and the Plaza Accord in currency deal with US
US-China trade war: Can China meet US demands on IP theft and forced technology transfer?

Systemic intellectual property theft in China costs US companies at least US$50 billion per year, according to a US Trade Representative report.

26 Feb 2019 - 5:20AM

Systemic intellectual property theft in China costs US companies at least US$50 billion per year, according to a US Trade Representative report.

US-China trade war: Can China meet US demands on IP theft and forced technology transfer?
US must be ‘careful’ in demanding stable Chinese yuan to end trade war, says former US central bank head

Former US Federal Reserve chair Janet Yellen said it is ‘difficult and treacherous’ to define when a country is manipulating its currency.

25 Feb 2019 - 10:35AM

Former US Federal Reserve chair Janet Yellen said it is ‘difficult and treacherous’ to define when a country is manipulating its currency.

US must be ‘careful’ in demanding stable Chinese yuan to end trade war, says former US central bank head
Donald Trump’s demand for stable yuan to end US-China trade war ‘acceptable’ to Beijing

Report suggests United States wants China to keep the value of the yuan stable as part of trade negotiations between the world’s two largest economies.

21 Feb 2019 - 2:24AM

Report suggests United States wants China to keep the value of the yuan stable as part of trade negotiations between the world’s two largest economies.

Donald Trump’s demand for stable yuan to end US-China trade war ‘acceptable’ to Beijing
China’s January passenger car sales in biggest drop in seven years as worries over economy, spending deepen

Car sales fell 17.7 per cent last month from a year earlier, while total vehicle sales in January fell 15.8 per cent to 2.37 million units overall.

18 Feb 2019 - 4:41PM

Car sales fell 17.7 per cent last month from a year earlier, while total vehicle sales in January fell 15.8 per cent to 2.37 million units overall.

China’s January passenger car sales in biggest drop in seven years as worries over economy, spending deepen
How could a sharp slowdown in China affect growth prospects for the rest of Asia?

Uncertainty is the only certainty for economies until US and China declare trade peace, while latest data shows only Malaysia has coped with recent pressures.

16 Feb 2019 - 10:34PM

Uncertainty is the only certainty for economies until US and China declare trade peace, while latest data shows only Malaysia has coped with recent pressures.

How could a sharp slowdown in China affect growth prospects for the rest of Asia?
China’s loans hit all-time high as banks open floodgates in January to help slowing economy

New yuan loans reach 3.23 trillion yuan (US$476.97 billion), almost triple the amount from December.

21 Feb 2019 - 11:42AM

New yuan loans reach 3.23 trillion yuan (US$476.97 billion), almost triple the amount from December.

China’s loans hit all-time high as banks open floodgates in January to help slowing economy
US exports to China plunged in January as trade war chill took effect

China’s imports from the US has now fallen for eight consecutive months, the longest continuous decline for 20 years.

14 Feb 2019 - 8:33PM

China’s imports from the US has now fallen for eight consecutive months, the longest continuous decline for 20 years.

US exports to China plunged in January as trade war chill took effect