Orange Wang

Orange Wang covers the Chinese macroeconomy, and has many years of experience with China's monetary and fiscal policy moves. He also covered global market and financial news for a long time, with a particular focus on new technologies and their influences on economic growth and society. Before joining the South China Morning Post, Orange worked as a Shanghai Correspondent for ET Net, a Hong Kong financial news agency.
Orange Wang
Orange Wang covers the Chinese macroeconomy, and has many years of experience with China's monetary and fiscal policy moves. He also covered global market and financial news for a long time, with a particular focus on new technologies and their influences on economic growth and society. Before joining the South China Morning Post, Orange worked as a Shanghai Correspondent for ET Net, a Hong Kong financial news agency.

Latest from Orange Wang

China hopes Donald Trump ‘honours’ earlier hands-off stance on Hong Kong despite latest US trade war link

Commerce Ministry spokesman failed to mention statement linking trade talks between Washington and Beijing with the anti-government protests in the city.

22 Aug 2019 - 6:42PM

Commerce Ministry spokesman failed to mention statement linking trade talks between Washington and Beijing with the anti-government protests in the city.

China hopes Donald Trump ‘honours’ earlier hands-off stance on Hong Kong despite latest US trade war link
China to throw huge public relations bash to woo global investors turned off by US trade war

China’s newest public relations fair will be held in Qingdao in October, and will attempt to convince the world that the country remains open for business.

22 Aug 2019 - 9:13AM

China’s newest public relations fair will be held in Qingdao in October, and will attempt to convince the world that the country remains open for business.

China to throw huge public relations bash to woo global investors turned off by US trade war
US trade war dominates agenda at China’s premier soybean conference as American imports plummet

Industry insiders are eyeing increasing domestic output and imports from Russia to fill gaps left by shrinking imports from the United States.

20 Aug 2019 - 1:27AM

Industry insiders are eyeing increasing domestic output and imports from Russia to fill gaps left by shrinking imports from the United States.

US trade war dominates agenda at China’s premier soybean conference as American imports plummet
China warned it should not pin its hopes on Russian soybeans plugging supply gap caused by US trade war

Russian expert told China industry delegates that his country struggles to produce enough to satisfy its own demands, much less its neighbor's.

19 Aug 2019 - 9:34AM

Russian expert told China industry delegates that his country struggles to produce enough to satisfy its own demands, much less its neighbor's.

China warned it should not pin its hopes on Russian soybeans plugging supply gap caused by US trade war
China reluctant to place large soybean orders despite Donald Trump’s US trade war demands

Soybeans have become a focal point in the China-US trade war although China’s demand has dropped due to an outbreak of African swine fever.

16 Aug 2019 - 7:00PM

Soybeans have become a focal point in the China-US trade war although China’s demand has dropped due to an outbreak of African swine fever.

China reluctant to place large soybean orders despite Donald Trump’s US trade war demands
China’s small banks still struggling to obtain funds to lend three months after first bank failure in 20 years

Baoshang Bank was taken over by the government in May, with HengFeng Bank and the Bank of Jinzhou also since requiring help.

15 Aug 2019 - 10:58PM

Baoshang Bank was taken over by the government in May, with HengFeng Bank and the Bank of Jinzhou also since requiring help.

China’s small banks still struggling to obtain funds to lend three months after first bank failure in 20 years
China slowdown persists as industrial economy posts worst growth since February 2002

Industrial production – a measure of China’s industrial sectors including manufacturing and mining – grew by just 4.8 per cent in July.

14 Aug 2019 - 10:20PM

Industrial production – a measure of China’s industrial sectors including manufacturing and mining – grew by just 4.8 per cent in July.

China slowdown persists as industrial economy posts worst growth since February 2002
China paints rosy picture of foreign investment despite Donald Trump’s claim ‘thousands’ of firms are leaving

Foreign direct investment into China in July rose 4.1 per cent from a year ago to US$8.07 billion, a higher rate from the 3 per cent rise seen in June.

13 Aug 2019 - 10:02PM

Foreign direct investment into China in July rose 4.1 per cent from a year ago to US$8.07 billion, a higher rate from the 3 per cent rise seen in June.

China paints rosy picture of foreign investment despite Donald Trump’s claim ‘thousands’ of firms are leaving
China’s bank lending weakened in July, suggesting Beijing’s stimulus efforts not working

There was an eye-catching drop in corporate lending in July, plunging by two-thirds to 297.4 billion yuan (US$42.1 billion) from 910.5 billion yuan the month before.

12 Aug 2019 - 8:34PM

There was an eye-catching drop in corporate lending in July, plunging by two-thirds to 297.4 billion yuan (US$42.1 billion) from 910.5 billion yuan the month before.

China’s bank lending weakened in July, suggesting Beijing’s stimulus efforts not working
China keeps door open to September talks in Washington, despite trade war escalation

Despite the United States branding China a ‘currency manipulator’, insiders on both sides expect trade talks to go ahead, but expectations of a deal are low.

8 Aug 2019 - 9:19AM

Despite the United States branding China a ‘currency manipulator’, insiders on both sides expect trade talks to go ahead, but expectations of a deal are low.

China keeps door open to September talks in Washington, despite trade war escalation
China doubles size of Shanghai Free-Trade Zone to include Tesla town in drive to open markets
China claims progress on creating world’s largest trade bloc, but ‘very difficult’ issues remain

After Beijing meeting, ministers give differing opinions on whether Regional Comprehensive Economic Partnership can be achieved by end of year.

4 Aug 2019 - 12:21AM

After Beijing meeting, ministers give differing opinions on whether Regional Comprehensive Economic Partnership can be achieved by end of year.

China claims progress on creating world’s largest trade bloc, but ‘very difficult’ issues remain
Donald Trump’s tariff threat pushing China to make final make-or-break choice, analysts say

The US president has threatened to impose 10 per cent tariffs on the remaining US$300 billion in Chinese imports from September 1.

2 Aug 2019 - 11:37PM

The US president has threatened to impose 10 per cent tariffs on the remaining US$300 billion in Chinese imports from September 1.

Donald Trump’s tariff threat pushing China to make final make-or-break choice, analysts say
China pushes RCEP regional pact amid US trade war, Japan-Korea spat

China hosts meeting of trade ministers in Beijing but prospects of 16 countries agreeing on a deal remain uncertain.

2 Aug 2019 - 9:00PM

China hosts meeting of trade ministers in Beijing but prospects of 16 countries agreeing on a deal remain uncertain.

China pushes RCEP regional pact amid US trade war, Japan-Korea spat
China and US offer contrasting views on trade war talks, as Beijing confirms agricultural purchases underway

Beijing says purchases of US farm goods subject to ‘favourable conditions to be offered by the US side’, while Washington does not mention any conditions.

1 Aug 2019 - 10:25PM

Beijing says purchases of US farm goods subject to ‘favourable conditions to be offered by the US side’, while Washington does not mention any conditions.

China and US offer contrasting views on trade war talks, as Beijing confirms agricultural purchases underway
China claims progress towards world’s biggest trade deal, but India remains biggest roadblock to RCEP

China cites good progress made in Regional Comprehensive Economic Partnership, but India’s Commerce Minister will not attend the ministerial level talks this weekend.

31 Jul 2019 - 11:37PM

China cites good progress made in Regional Comprehensive Economic Partnership, but India’s Commerce Minister will not attend the ministerial level talks this weekend.

China claims progress towards world’s biggest trade deal, but India remains biggest roadblock to RCEP
China’s control over its entire economy weakened as Baoshang Bank failure starts domino effect

Takeover of Baoshang Bank in May was the first bank failure in over 20 years in a system that had come to believe that all financial institutions were guaranteed.

31 Jul 2019 - 6:10AM

Takeover of Baoshang Bank in May was the first bank failure in over 20 years in a system that had come to believe that all financial institutions were guaranteed.

China’s control over its entire economy weakened as Baoshang Bank failure starts domino effect
China can turn US trade war ‘crisis into an opportunity’, says top leadership, as Donald Trump tweets complaint

Quarterly meeting of the country’s top leadership chaired by President Xi Jinping concluded China must rely on its domestic demand potential.

30 Jul 2019 - 11:27PM

Quarterly meeting of the country’s top leadership chaired by President Xi Jinping concluded China must rely on its domestic demand potential.

China can turn US trade war ‘crisis into an opportunity’, says top leadership, as Donald Trump tweets complaint
China’s purchases of US agricultural products ‘efforts to show goodwill’ ahead of Shanghai trade talks

State TV says ‘millions of tonnes’ of US soybeans bought since the Osaka summit between President Xi Jinping and US President Donald Trump at the end of June.

30 Jul 2019 - 10:16AM

State TV says ‘millions of tonnes’ of US soybeans bought since the Osaka summit between President Xi Jinping and US President Donald Trump at the end of June.

China’s purchases of US agricultural products ‘efforts to show goodwill’ ahead of Shanghai trade talks
US blacklist pushes once-powerful Chinese state oil trader deeper into the shadows

Used by Beijing to buy oil from Iran, Zhuhai Zhenrong was first penalised in 2012, and this week was placed on the US sanctions blacklist for trading in Iranian crude.

27 Jul 2019 - 1:47AM

Used by Beijing to buy oil from Iran, Zhuhai Zhenrong was first penalised in 2012, and this week was placed on the US sanctions blacklist for trading in Iranian crude.

US blacklist pushes once-powerful Chinese state oil trader deeper into the shadows
China import expo expects more US firms to participate this year in Shanghai despite trade war

The second edition of the China International Import Expo (CIIE) will take place in Shanghai between November 5-10.

26 Jul 2019 - 10:53PM

The second edition of the China International Import Expo (CIIE) will take place in Shanghai between November 5-10.

China import expo expects more US firms to participate this year in Shanghai despite trade war
China’s purchases of US agricultural products not linked to resumption of trade talks, ministry says

Chinese companies have expressed interest in buying significant quantities, before confirmation of next week’s talks on Tuesday and Wednesday in Shanghai.

25 Jul 2019 - 8:42PM

Chinese companies have expressed interest in buying significant quantities, before confirmation of next week’s talks on Tuesday and Wednesday in Shanghai.

China’s purchases of US agricultural products not linked to resumption of trade talks, ministry says
China’s Baoshang Bank failure has silver lining in the form of greater focus on rural lending

Based in Inner Mongolia’s Baotou city, the bank aggressively expanded its lending to rural communities, who are now seeing more lending options open up.

24 Jul 2019 - 6:15AM

Based in Inner Mongolia’s Baotou city, the bank aggressively expanded its lending to rural communities, who are now seeing more lending options open up.

China’s Baoshang Bank failure has silver lining in the form of greater focus on rural lending
China ‘gratified’ Huawei ban also met with US opposition as tech firms express concerns to Donald Trump

Chinese telecommunications equipment maker has been blacklisted since May, but US President Donald Trump spoke with several executives at the White House on Monday.

23 Jul 2019 - 11:59PM

Chinese telecommunications equipment maker has been blacklisted since May, but US President Donald Trump spoke with several executives at the White House on Monday.

China ‘gratified’ Huawei ban also met with US  opposition as tech firms express concerns to Donald Trump
China’s social credit system will not lead to citizens losing access to public services, Beijing says

Vice-chairman of the National Development and Reform Commission admits that ‘in the past, there were some inappropriate punishment measures for dishonesty’.

19 Jul 2019 - 7:36PM

Vice-chairman of the National Development and Reform Commission admits that ‘in the past, there were some inappropriate punishment measures for dishonesty’.

China’s social credit system will not lead to citizens losing access to public services, Beijing says
With China’s economy set to slow, what hope is there for struggling cities?

Overspending on infrastructure in places like Baotao underscores limits of Beijing’s traditional stimulus policies.

15 Jul 2019 - 10:27AM

Overspending on infrastructure in places like Baotao underscores limits of Beijing’s traditional stimulus policies.

With China’s economy set to slow, what hope is there for struggling cities?
Chinese economists warn Beijing to prepare for decoupling from US

Break-up of the world’s two biggest economies is gradually becoming a real possibility, academics tell symposium on the trade war.

10 Jul 2019 - 1:29PM

Break-up of the world’s two biggest economies is gradually becoming a real possibility, academics tell symposium on the trade war.

Chinese economists warn Beijing to prepare for decoupling from US
Tensions mount ahead of Donald Trump’s summit meeting with Xi Jinping as China hawks circle in Osaka

Presidents are known for having a good personal relationship, but there is little love lost between China’s state media and US officials.

29 Jun 2019 - 12:31PM

Presidents are known for having a good personal relationship, but there is little love lost between China’s state media and US officials.

Tensions mount ahead of Donald Trump’s summit meeting with Xi Jinping as China hawks circle in Osaka
China welcomes ‘actions that avoid US trade war dispute escalation’ ahead of Trump-Xi G20 meeting

Chinese President Xi Jinping and US counterpart Donald Trump are set to meet in Osaka, Japan on Saturday, with reports that details of a truce are being drafted.

28 Jun 2019 - 9:23AM

Chinese President Xi Jinping and US counterpart Donald Trump are set to meet in Osaka, Japan on Saturday, with reports that details of a truce are being drafted.

China welcomes ‘actions that avoid US trade war dispute escalation’ ahead of Trump-Xi G20 meeting
China’s industrial giants continue to struggle despite minor profit increase in May

Profits fell 2.3 per cent year on year in the first five months of the year, the National Bureau of Statistics said on Thursday.

27 Jun 2019 - 10:49PM

Profits fell 2.3 per cent year on year in the first five months of the year, the National Bureau of Statistics said on Thursday.

China’s industrial giants continue to struggle despite minor profit increase in May