Orange Wang

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 new bank lending rebounds sharply in November after October’s holiday lull in activity

China’s bank lending rose sharply in November, after Beijing enacted a series of measures over the past year to boost investment and small business lending.

10 Dec 2019 - 7:20PM

China’s bank lending rose sharply in November, after Beijing enacted a series of measures over the past year to boost investment and small business lending.

China new bank lending rebounds sharply in November after October’s holiday lull in activity
China hopes trade war deal will come ‘as soon as possible’, vows once again to reform economy

Less than a week out from the implementation of new tariffs from both the US and China, officials in Beijing are still hopeful a trade war deal can be reached.

10 Dec 2019 - 12:05AM

Less than a week out from the implementation of new tariffs from both the US and China, officials in Beijing are still hopeful a trade war deal can be reached.

China hopes trade war deal will come ‘as soon as possible’, vows once again to reform economy
China economic slowdown: debate heats up on whether Beijing should shoot for 6 per cent growth in 2020

Ahead of the annual Central Economic Work Conference, big name economists have been having their say about China’s economic growth target for 2020 and beyond.

3 Dec 2019 - 9:30AM

Ahead of the annual Central Economic Work Conference, big name economists have been having their say about China’s economic growth target for 2020 and beyond.

China economic slowdown: debate heats up on whether Beijing should shoot for 6 per cent growth in 2020
China’s October industrial profits post biggest fall since 2011 amid trade war and sliding producer prices

The contraction shows continued problems for the world’s second largest economy as it battles slow growth amid a trade war with the United States.

27 Nov 2019 - 10:54PM

The contraction shows continued problems for the world’s second largest economy as it battles slow growth amid a trade war with the United States.

China’s October industrial profits post biggest fall since 2011 amid trade war and sliding producer prices
China to revise GDP data based on fourth economic census

Beijing’s latest census of the industrial and services sectors will result in a revision to GDP levels, says the National Bureau of Statistics.

20 Nov 2019 - 11:01PM

Beijing’s latest census of the industrial and services sectors will result in a revision to GDP levels, says the National Bureau of Statistics.

China to revise GDP data based on fourth economic census
China’s new industrial policy dismissed as ‘Made in China 2025’ rehash by critics in Washington

Washington hawks have reacted angrily to China’s new industrial policy, which has drawn comparisons with the controversial ‘Made in China 2025’.

20 Nov 2019 - 7:41PM

Washington hawks have reacted angrily to China’s new industrial policy, which has drawn comparisons with the controversial ‘Made in China 2025’.

China’s new industrial policy dismissed as ‘Made in China 2025’ rehash by critics in Washington
China stands firm on demand US lifts tariffs to reach trade war deal

Ministry of Commerce in Beijing insists that removing tariffs is an ‘important condition’ for China reaching a trade war agreement with the United States.

15 Nov 2019 - 8:54AM

Ministry of Commerce in Beijing insists that removing tariffs is an ‘important condition’ for China reaching a trade war agreement with the United States.

China stands firm on demand US lifts tariffs to reach trade war deal
China-US rivalry on brink of becoming a ‘financial war’, former minister says

Conflict will be characterised by Washington’s use of ‘long-arm jurisdiction’, such as blocking firms like Huawei and ZTE, Lou Jiwei tells forum in Beijing.

11 Nov 2019 - 11:37AM

Conflict will be characterised by Washington’s use of ‘long-arm jurisdiction’, such as blocking firms like Huawei and ZTE, Lou Jiwei tells forum in Beijing.

China-US rivalry on brink of becoming a ‘financial war’, former minister says
China and US ‘agree to phased rollback’ of extra trade war tariffs

Negotiators from both countries still trying to reach interim deal, Chinese Ministry of Commerce says.

12 Nov 2019 - 8:33PM

Negotiators from both countries still trying to reach interim deal, Chinese Ministry of Commerce says.

China and US ‘agree to phased rollback’ of extra trade war tariffs
China says RCEP economies committed to work with India to resolve lingering trade deal issues

Beijing says the 15 member states are ready to work with India to resolve New Delhi’s outstanding concerns with the world’s largest trade deal.

6 Nov 2019 - 9:20PM

Beijing says the 15 member states are ready to work with India to resolve New Delhi’s outstanding concerns with the world’s largest trade deal.

China says RCEP economies committed to work with India to resolve lingering trade deal issues
American business community in China lacks confidence in ‘phase one’ trade deal, AmCham chief says

Agreement ‘good for farmers’, but companies want to see structural changes to China’s business environment, says Tim Stratford, chairman of the American Chamber of Commerce in China.

5 Nov 2019 - 11:41AM

Agreement ‘good for farmers’, but companies want to see structural changes to China’s business environment, says Tim Stratford, chairman of the American Chamber of Commerce in China.

American business community in China lacks confidence in ‘phase one’ trade deal, AmCham chief says
China, US must discuss national security issues, industry leader says amid reports of TikTok inquiry

Legitimate concerns need to be addressed to create ‘as much space for doing businesses as possible’, chairman of American Chamber of Commerce in China says.

2 Nov 2019 - 11:57PM

Legitimate concerns need to be addressed to create ‘as much space for doing businesses as possible’, chairman of American Chamber of Commerce in China says.

China, US must discuss national security issues, industry leader says amid reports of TikTok inquiry
China reaffirms commitment to state-led economy despite US pressure, after top Beijing policy meeting

China will continue to prioritise a state-led economy, despite the trade war demands of Trump administration, statement following fourth plenum confirms.

4 Nov 2019 - 11:23AM

China will continue to prioritise a state-led economy, despite the trade war demands of Trump administration, statement following fourth plenum confirms.

China reaffirms commitment to state-led economy despite US pressure, after top Beijing policy meeting
China must relax residency curbs, land rights to offset effect of trade war, former finance minister says

China’s former finance minister Lou Jiwei has urged Beijing to ease curbs on residency and land ownership to offset the effects of the trade war.

31 Oct 2019 - 11:45PM

China’s former finance minister Lou Jiwei has urged Beijing to ease curbs on residency and land ownership to offset the effects of the trade war.

China must relax residency curbs, land rights to offset effect of trade war, former finance minister says
China’s US trade war charm offensive was meant to stop foreign investors from leaving, but is it working?

Xi Jinping has stepped up efforts to woo US investors spooked by trade war tariffs, but experts say China’s charm offensive is not enough to turn the tide after NBA crisis.

31 Oct 2019 - 12:28AM

Xi Jinping has stepped up efforts to woo US investors spooked by trade war tariffs, but experts say China’s charm offensive is not enough to turn the tide after NBA crisis.

China’s US trade war charm offensive was meant to stop foreign investors from leaving, but is it working?
China expects more US companies to join Facebook, Microsoft and Boeing at import expo, despite trade war

More American companies to flock to giant import fair in Shanghai in November, which is to be opened by Chinese President Xi Jinping, despite the pain of US trade war tariffs.

30 Oct 2019 - 10:16AM

More American companies to flock to giant import fair in Shanghai in November, which is to be opened by Chinese President Xi Jinping, despite the pain of US trade war tariffs.

China expects more US companies to join Facebook, Microsoft and Boeing at import expo, despite trade war
China, US agree to keep yuan exchange rate stable as part of trade deal, Beijing confirms

China has confirmed an trade deal between Washington and Beijing will include a currency clause that will keep the yuan ‘basically stable’.

25 Oct 2019 - 8:00PM

China has confirmed an trade deal between Washington and Beijing will include a currency clause that will keep the yuan ‘basically stable’.

China, US agree to keep yuan exchange rate stable as part of trade deal, Beijing confirms
China’s new law aimed at equal market treatment draws scepticism from observers

Beijing has passed legislation aimed at levelling the playing field for overseas companies operating in China, but some observers see little practical impact.

25 Oct 2019 - 11:28AM

Beijing has passed legislation aimed at levelling the playing field for overseas companies operating in China, but some observers see little practical impact.

China’s new law aimed at equal market treatment draws scepticism from observers
China must rein in SOEs to gain upper hand in tech war, help private firms like Huawei to innovate

One academic claims the US fears Huawei, the privately owned telecommunications giant, more than China’s Dongfeng ballistic missile.

24 Oct 2019 - 7:53PM

One academic claims the US fears Huawei, the privately owned telecommunications giant, more than China’s Dongfeng ballistic missile.

China must rein in SOEs to gain upper hand in tech war, help private firms like Huawei to innovate
China passes new law to help foreign firms after positive feedback from US in trade talks

China announced on Wednesday it had passed a new law aimed levelling the playing field for foreign firms operating in the country after receiving positive US feedback.

23 Oct 2019 - 11:26PM

China announced on Wednesday it had passed a new law aimed levelling the playing field for foreign firms operating in the country after receiving positive US feedback.

China passes new law to help foreign firms after positive feedback from US in trade talks
China’s SOE executives defend Beijing’s economic model from ‘targeted attacks’ by US, EU

Representatives from China’s state-owned enterprises hit back at criticism from overseas executives at a conference in Shandong over the weekend.

21 Oct 2019 - 10:29PM

Representatives from China’s state-owned enterprises hit back at criticism from overseas executives at a conference in Shandong over the weekend.

China’s SOE executives defend Beijing’s economic model from ‘targeted attacks’ by US, EU
China President Xi Jinping says ‘only when China is good, can the world get better’ amid US trade war

Vice-Premier Han Zheng read out a letter from China President Xi Jinping at the inaugural Qingdao Multinationals Summit on Saturday.

21 Oct 2019 - 3:50PM

Vice-Premier Han Zheng read out a letter from China President Xi Jinping at the inaugural Qingdao Multinationals Summit on Saturday.

China President Xi Jinping says ‘only when China is good, can the world get better’ amid US trade war
China employment steady despite Donald Trump’s claim US trade war cost country ‘3 million jobs’

China says it created 10.97 million jobs in the first nine months of this year, defying Donald Trump’s claim the US trade war has cost the country millions of jobs.

21 Oct 2019 - 9:39AM

China says it created 10.97 million jobs in the first nine months of this year, defying Donald Trump’s claim the US trade war has cost the country millions of jobs.

China employment steady despite Donald Trump’s claim US trade war cost country ‘3 million jobs’
China’s economic growth worse than expected, sinking to new low of 6.0 per cent in third quarter amid US trade war

US-China trade war and global economic slowdown leads to slowest growth in the Chinese economy since records began and at the bottom end of Beijing’s target range.

18 Oct 2019 - 1:20PM

US-China trade war and global economic slowdown leads to slowest growth in the Chinese economy since records began and at the bottom end of Beijing’s target range.

China’s economic growth worse than expected, sinking to new low of 6.0 per cent in third quarter amid US trade war
China reiterates US must lift all tariffs to end trade war, but Beijing open to partial interim deal, spokesman says

Negotiating teams are working on the ‘phase one’ deal agreed last week in Washington for Donald Trump and Xi Jinping to sign next month in Chile.

17 Oct 2019 - 11:13PM

Negotiating teams are working on the ‘phase one’ deal agreed last week in Washington for Donald Trump and Xi Jinping to sign next month in Chile.

China reiterates  US must lift all tariffs to end trade war, but Beijing open to partial interim deal, spokesman says
Hong Kong remains key gateway as China’s FDI rises 2.9 per cent in first nine months of 2019 despite protests

Inflows from Hong Kong increased by 8.1 per cent between January and September despite the ongoing anti-government protests.

17 Oct 2019 - 5:20PM

Inflows from Hong Kong increased by 8.1 per cent between January and September despite the ongoing anti-government protests.

Hong Kong remains key gateway as China’s FDI rises 2.9 per cent in first nine months of 2019 despite protests
After 70 years of economic progress, is China on the right road to achieve Xi Jinping’s ‘Chinese dream’?

China has evolved from an economic backwater into a world economic powerhouse, but now faces numerous challenges, including the trade war with the United States.

2 Oct 2019 - 8:55AM

China has evolved from an economic backwater into a world economic powerhouse, but now faces numerous challenges, including the trade war with the United States.

After 70 years of economic progress, is China on the right road to achieve Xi Jinping’s ‘Chinese dream’?
China’s pork imports surged almost 80 per cent in August to cover gap left by African swine fever

Imports of pork rose 76 per cent in August in terms of volume and surged 150 per cent last month in terms of value.

23 Oct 2019 - 3:18PM

Imports of pork rose 76 per cent in August in terms of volume and surged 150 per cent last month in terms of value.

China’s pork imports surged almost 80 per cent in August to cover gap left by African swine fever
Airbus, Boeing and Comac see blue skies ahead for China’s aircraft market

The world’s two leading plane makers remain optimistic about mainland growth despite the country’s trade war with the United States.

23 Sep 2019 - 10:00AM

The world’s two leading plane makers remain optimistic about mainland growth despite the country’s trade war with the United States.

Airbus, Boeing and Comac see blue skies ahead for China’s aircraft market
China can handle much slower GDP growth rate and still create enough jobs, government economists say

The headline gross domestic product (GDP) growth rate slowed to 6.2 per cent in the second quarter of 2019, but it could slip below 6.0 per cent later this year.

19 Sep 2019 - 11:07PM

The headline gross domestic product (GDP) growth rate slowed to 6.2 per cent in the second quarter of 2019, but it could slip below 6.0 per cent later this year.

China can handle much slower GDP growth rate and still create enough jobs, government economists say