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 may adjust 2020 GDP growth target due to coronavirus, government policy adviser says

China was widely expected to announce a gross domestic product (GDP) growth target for 2020 of ‘about 6 per cent’ before the outbreak of the coronavirus.

18 Feb 2020 - 9:28PM

China was widely expected to announce a gross domestic product (GDP) growth target for 2020 of ‘about 6 per cent’ before the outbreak of the coronavirus.

China may adjust 2020 GDP growth target due to coronavirus, government policy adviser says
Coronavirus: more than two thirds of China’s migrant labourers not yet back at work

Less than one third of China’s 291 million migrant workers have returned to their jobs because of the coronavirus outbreak, the transport ministry says.

18 Feb 2020 - 10:37PM

Less than one third of China’s 291 million migrant workers have returned to their jobs because of the coronavirus outbreak, the transport ministry says.

Coronavirus: more than two thirds of China’s migrant labourers not yet back at work
China to offer trade war tariff exemptions on 700 US farm, medical, energy products amid coronavirus

Chinese importers will be able to apply for exemptions to additional trade war tariffs on a total of 697 products lines.

18 Feb 2020 - 10:37PM

Chinese importers will be able to apply for exemptions to additional trade war tariffs on a total of 697 products lines.

China to offer trade war tariff exemptions on 700 US farm, medical, energy products amid coronavirus
China’s capital shrouded in air pollution despite reduced emissions from coronavirus economic slowdown

The spike in Beijing’s poor air quality comes despite lower emissions from industry and vehicles due to the impact of the coronavirus outbreak.

14 Feb 2020 - 9:03AM

The spike in Beijing’s poor air quality comes despite lower emissions from industry and vehicles due to the impact of the coronavirus outbreak.

China’s capital shrouded in air pollution despite reduced emissions from coronavirus economic slowdown
Coronavirus: how fast can China revive the economy after outbreak?

Beijing is keen for normal economic activities to resume amid concerns some local coronavirus containment measures are weighing the economy down.

14 Feb 2020 - 10:37AM

Beijing is keen for normal economic activities to resume amid concerns some local coronavirus containment measures are weighing the economy down.

Coronavirus: how fast can China revive the economy after outbreak?
Coronavirus: 3 Wuhan officials summoned to explain failings as China death toll reaches 1,018

100 deaths in a day for the first time, with all but five coming in the Hubei epicentre, as China’s chief planner warns against draconian limits on business.

13 Feb 2020 - 6:57PM

100 deaths in a day for the first time, with all but five coming in the Hubei epicentre, as China’s chief planner warns against draconian limits on business.

Coronavirus: 3 Wuhan officials summoned to explain failings as China death toll reaches 1,018
Coronavirus: China’s state media calls for police to explain charges brought against ‘rumour-mongers’

Newspaper under People’s Daily questions why five medical workers were detained, fined for sharing information about deadly outbreak.

14 Feb 2020 - 5:33PM

Newspaper under People’s Daily questions why five medical workers were detained, fined for sharing information about deadly outbreak.

Coronavirus: China’s state media calls for police to explain charges brought against ‘rumour-mongers’
Coronavirus: megacities put up entry barriers as China goes back to work

Guangdong and Shenzhen have gone into partial lockdown to contain the spread of the coronavirus as the extended Lunar New year holiday ended.

14 Feb 2020 - 5:32PM

Guangdong and Shenzhen have gone into partial lockdown to contain the spread of the coronavirus as the extended Lunar New year holiday ended.

Coronavirus: megacities put up entry barriers as China goes back to work
Shanghai adds aerosol infection to coronavirus risk list

As the Chinese government scrambles to contain the outbreak, the contagion has spread to at least 24 other countries, sickening more than 270 outside China.

14 Feb 2020 - 5:32PM

As the Chinese government scrambles to contain the outbreak, the contagion has spread to at least 24 other countries, sickening more than 270 outside China.

Shanghai adds aerosol infection to coronavirus risk list
Coronavirus: life in one Chinese city grinds to a halt with touchless KFC takeaway orders, closed communities

Life in Handan city, some 800km from the coronavirus epicentre, has virtually ground to a halt amid the deadly coronavirus outbreak and strict government controls.

14 Feb 2020 - 6:05PM

Life in Handan city, some 800km from the coronavirus epicentre, has virtually ground to a halt amid the deadly coronavirus outbreak and strict government controls.

Coronavirus: life in one Chinese city grinds to a halt with touchless KFC takeaway orders, closed communities
China coronavirus: Fears of economic contagion grow as cities turn into ghost towns

As coronavirus has spread from Wuhan, there are signs the economic impact of the disease could be more severe than the Sars epidemic in 2002-2003.

17 Feb 2020 - 2:04PM

As coronavirus has spread from Wuhan, there are signs the economic impact of the disease could be more severe than the Sars epidemic in 2002-2003.

China coronavirus: Fears of economic contagion grow as cities turn into ghost towns
China facing ‘negative’ economic impact from Wuhan coronavirus less than a week after signing US trade deal

The coronavirus is threatening to test China’s already fragile economy less than a week after it signed the breakthrough trade deal with the United States.

17 Feb 2020 - 2:47PM

The coronavirus is threatening to test China’s already fragile economy less than a week after it signed the breakthrough trade deal with the United States.

China facing ‘negative’ economic impact from Wuhan coronavirus less than a week after signing US trade deal
Trade war: China’s US imports under phase one deal not ‘one-sided obligation’, Chinese scholars say

China agreed to buy additional US$200 billion worth of American goods and services over the next two years as part of the trade deal signed in Washington last week.

17 Feb 2020 - 2:54PM

China agreed to buy additional US$200 billion worth of American goods and services over the next two years as part of the trade deal signed in Washington last week.

Trade war: China’s US imports under phase one deal not ‘one-sided obligation’, Chinese scholars say
China’s birth rate decline and economic growth slump in 2019 present new challenges after trade war deal

China’s economy slowed to 30-year low while its birth rate hit a six-decade low in 2019, emphasising the challenges facing the nation, despite trade war deal.

17 Feb 2020 - 3:22PM

China’s economy slowed to 30-year low while its birth rate hit a six-decade low in 2019, emphasising the challenges facing the nation, despite trade war deal.

China’s birth rate decline and economic growth slump in 2019 present new challenges after trade war deal
China GDP growth last year was 6.1 per cent, slowest rate for 29 years

Trade war drives China’s economic growth to three decade low, but still within the government’s target growth rate of between 6.0 and 6.5 per cent.

17 Feb 2020 - 3:26PM

Trade war drives China’s economic growth to three decade low, but still within the government’s target growth rate of between 6.0 and 6.5 per cent.

China GDP growth last year was 6.1 per cent, slowest rate for 29 years
China Vice-Premier Liu He rejects Trump’s suggestion of immediate phase two talks, calling idea ‘unwise’

Vice-Premier Liu He has told Chinese media it would be foolish to chase a phase two trade deal with the United States when the ink on phase one is not yet dry.

17 Feb 2020 - 3:31PM

Vice-Premier Liu He has told Chinese media it would be foolish to chase a phase two trade deal with the United States when the ink on phase one is not yet dry.

China Vice-Premier Liu He rejects Trump’s suggestion of immediate phase two talks, calling idea ‘unwise’
China’s imports from the US fell by a fifth in 2019, as trade war stripped away demand

Data from China’s General Administration of Customs released on Tuesday showed that China’s imports of US goods dropped to US$122.7 billion in 2019.

17 Feb 2020 - 4:17PM

Data from China’s General Administration of Customs released on Tuesday showed that China’s imports of US goods dropped to US$122.7 billion in 2019.

China’s imports from the US fell by a fifth in 2019, as trade war stripped away demand
China’s export growth lost steam in 2019 amid US trade war, decelerating sharply to 0.5 per cent

China’s exports rose only 0.5 per cent in US dollar terms in 2019, a sharp deceleration from a rise of 9.9 per cent in 2018, according to data released on Tuesday.

17 Feb 2020 - 4:18PM

China’s exports rose only 0.5 per cent in US dollar terms in 2019, a sharp deceleration from a rise of 9.9 per cent in 2018, according to data released on Tuesday.

China’s export growth lost steam in 2019 amid US trade war, decelerating sharply to 0.5 per cent
Trade war: China to send Liu He to US to sign phase one deal next week but phase two talks remain remote

China’s Ministry of Commerce confirmed on Thursday that Vice-Premier Liu He will travel to Washington on Monday to sign the phase one deal with the United States.

17 Feb 2020 - 8:13PM

China’s Ministry of Commerce confirmed on Thursday that Vice-Premier Liu He will travel to Washington on Monday to sign the phase one deal with the United States.

Trade war: China to send Liu He to US to sign phase one deal next week but phase two talks remain remote
China’s pork price rockets 97 per cent in December, keeping inflation at eight-year high

Pork prices in China rose by 97.0 per cent in December from a year earlier, keeping consumer inflation at an eight-year high of 4.5 per cent.

9 Jan 2020 - 10:30PM

Pork prices in China rose by 97.0 per cent in December from a year earlier, keeping consumer inflation at an eight-year high of 4.5 per cent.

China’s pork price rockets 97 per cent in December, keeping inflation at eight-year high
China province of 80 million claims only 17 people in poverty, sparking debate about official data

The Chinese coastal province of Jiangsu is the first to declare a near elimination of absolute poverty as part of President Xi Jinping’s drive to wipe it out by 2020.

17 Feb 2020 - 8:25PM

The Chinese coastal province of Jiangsu is the first to declare a near elimination of absolute poverty as part of President Xi Jinping’s drive to wipe it out by 2020.

China province of 80 million claims only 17 people in poverty, sparking debate about official data
China cements Communist Party’s role at top of its SOEs, should ‘execute the will of the party’

‘Provisional’ regulation puts Chinese Communist Party committees in state-owned enterprises ahead of the board of directors.

17 Feb 2020 - 8:30PM

‘Provisional’ regulation puts Chinese Communist Party committees in state-owned enterprises ahead of the board of directors.

China cements Communist Party’s role at top of its SOEs, should ‘execute the will of the party’
Building collapse kills six in China’s pneumonia-hit city of Wuhan

Central Chinese city’s woes compounded with construction site disaster which trapped 11 for nearly 24 hours.

17 Feb 2020 - 8:33PM

Central Chinese city’s woes compounded with construction site disaster which trapped 11 for nearly 24 hours.

Building collapse kills six in China’s pneumonia-hit city of Wuhan
Trade war: China’s refusal to lift grain quotas make Trump’s phase one import demands ‘more difficult’

China will not raise its import quotas for corn, rice and wheat to help meet Donald Trump’s demands included in the phase one trade war deal.

17 Feb 2020 - 8:31PM

China will not raise its import quotas for corn, rice and wheat to help meet Donald Trump’s demands included in the phase one trade war deal.

Trade war: China’s refusal to lift grain quotas make Trump’s phase one import demands ‘more difficult’
China’s cut of US dollar weighting in key index will boost global fortunes of yuan, economists say

Beijing’s decision to cut the US dollar weighting in a key yuan exchange rate index will promote greater international use of the yuan in financial transactions, say economists.

3 Jan 2020 - 2:58AM

Beijing’s decision to cut the US dollar weighting in a key yuan exchange rate index will promote greater international use of the yuan in financial transactions, say economists.

China’s cut of US dollar weighting in key index will boost global fortunes of yuan, economists say
China’s industrial profits rebound as optimism over 2020 economic prospects grows

Profits at China’s industrial enterprises rose 5.4 per cent in November from a year earlier in latest sign of economic resilience.

30 Dec 2019 - 11:59AM

Profits at China’s industrial enterprises rose 5.4 per cent in November from a year earlier in latest sign of economic resilience.

China’s industrial profits rebound as optimism over 2020 economic prospects grows
China says it will monitor impact of US defence act on Chinese firms

China’s Commerce ministry calls US defence act ‘full of political biases’, saying sanctions are ‘evidence of government intervention in normal corporate operations’.

30 Dec 2019 - 12:42PM

China’s Commerce ministry calls US defence act ‘full of political biases’, saying sanctions are ‘evidence of government intervention in normal corporate operations’.

China says it will monitor impact of US defence act on Chinese firms
China’s fastener firms, ‘the rice of industry’, grapple with the nuts and bolts of a slowing economy

Fastener manufacturers in Handan city are seeking to expand foreign sales to make up for weaker domestic demand as China’s economic growth has hit record lows.

30 Dec 2019 - 1:03PM

Fastener manufacturers in Handan city are seeking to expand foreign sales to make up for weaker domestic demand as China’s economic growth has hit record lows.

China’s fastener firms, ‘the rice of industry’, grapple with the nuts and bolts of a slowing economy
China lifts 18-year-old ban on Japanese beef imports as Beijing seeks to warm trade ties with Tokyo

China’s removal of the ban on Japanese cows under 30 months old came before this week’s visit to China by Japanese Prime Minister Shinzo Abe.

23 Dec 2019 - 10:56PM

China’s removal of the ban on Japanese cows under 30 months old came before this week’s visit to China by Japanese Prime Minister Shinzo Abe.

China lifts 18-year-old ban on Japanese beef imports as Beijing seeks to warm trade ties with Tokyo
China, Japan, South Korea agree to continue push for free-trade deal despite ongoing tensions across region

Trade ministers agree to continue to push for three-way agreement as lingering doubts over trade deal with US means China still wants to strengthen ties with its neighbours.

23 Dec 2019 - 12:11PM

Trade ministers agree to continue to push for three-way agreement as lingering doubts over trade deal with US means China still wants to strengthen ties with its neighbours.

China, Japan, South Korea agree to continue push for free-trade deal despite ongoing tensions across region