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Orange Wang
Orange Wang
Reporter, China
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.

China’s manufacturing and consumption gradually rebounded in the first two months of the year, and investment growth and industrial output beat market expectations, but the property market continued to drag.

Annual political meetings are a platform for Beijing to broadcast foreign policy positions, but analysts expect neutral stance on US presidential race as a Biden-Trump rematch between would offer little relief for bilateral relations.

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Politburo promises ‘stable, transparent and predictable policy environment’ as investors question China’s business climate in the face of security and regulatory challenges, lukewarm consumer sentiment, a property crisis and demographic changes.

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Wu Sike, special envoy for the Middle East from 2009-14, says China can bank on ‘long-standing friendly’ ties to provide strategic support in the region.

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The visit is designed to ‘deepen the friendship between the two peoples and advance cooperation between sister cities’ through non-official channels

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Washington said new working group’s first meeting in Beijing was a ‘good start’ but says ‘there’s a lot more work to be done’ in fighting illicit opioid trade.

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US economy surprisingly expanded at an annualised rate of 3.3 per cent in the fourth quarter, while China is faced with challenges at home and abroad.

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Note of caution from Fang Ning comes amid deepening Russia-North Korea ties, and reports of imminent visit to Pyongyang by Russian President Vladimir Putin.

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China’s jobless rate for the 16 to 24 age group returned for December, with the adjusted figure excluding students standing at 14.9 per cent, but analysts say it is still difficult to ‘truly glean what’s happening’.

China’s overall population fell by 2.08 million last year to 1.4097 billion, down from 1.4118 billion in 2022, while births declined by 5.6 per cent to 9.02 million in 2023, data released on Wednesday showed.

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While China’s economy grew in 2023 by 5.2 per cent, analysts say that maintaining the same pace in 2024 ‘will prove a lot more challenging’, and Beijing’s priorities include the property market, investor confidence and the private sector.

China’s exports rose by 2.3 per cent in December compared to a year earlier, but its shipments are set to face pressure from trade barriers and a global slowdown in 2024, analysts said.

China could assert traditional fishing rights, demand transit passages and contest baselines under Unclos if territorial disputes with Philippines escalate, according to leading scholar.

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Vast room’ for links with San Francisco and New York City bay areas, head of Chinese People’s Association for Friendship with Foreign Countries says.

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Visitors will no longer have to prove they have a return air ticket and hotel reservation following a previously announced cut in visa fees.

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To realise Xi Jinping’s vision, Beijing must create ‘an atmosphere that says to these young people you’re welcome here’, says talent retention expert David Zweig.

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Tensions with the US and a stronger negotiating position after years of reclamation are likely to be driving Beijing’s renewed enthusiasm.

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ESM CFO Kalin Anev Janse says China was among the countries that showed a very strong commitment to Europe at that time and the two can continue to work together.

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