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

Congestion or consumption? Beijing ponders trade-off on car purchase incentives to boost Chinese economy

Environmental policy may have to play second fiddle to building home markets, while analysts say that ‘front-loading’ car sales may simply be a short-term measure that kicks problems down the road.

20 Apr 2019 - 7:50AM

Environmental policy may have to play second fiddle to building home markets, while analysts say that ‘front-loading’ car sales may simply be a short-term measure that kicks problems down the road.

Congestion or consumption? Beijing ponders trade-off on car purchase incentives to boost Chinese economy
China leaders vow to reform, not to stimulate, economy as trade deal with US nears

Surprisingly strong growth in first quarter of 2019 brings shift in policy focus, while Beijing’s pledges chime with Washington’s demand for ‘structural reform’.

6 hours ago

Surprisingly strong growth in first quarter of 2019 brings shift in policy focus, while Beijing’s pledges chime with Washington’s demand for ‘structural reform’.

China leaders vow to reform, not to stimulate, economy as trade deal with US nears
China economy off to strong start in 2019 as stimulus steps offset trade war impact

All major economic indicators released by Beijing on Wednesday point to bottoming out of Chinese economy.

17 Apr 2019 - 11:24PM

All major economic indicators released by Beijing on Wednesday point to bottoming out of Chinese economy.

China economy off to strong start in 2019 as stimulus steps offset trade war impact
China’s central bank suggests it will stem flood of money into economy

People’s Bank of China has suggested it will not flood the market with excessive liquidity, in a quarterly monetary policy document.

18 Apr 2019 - 10:09AM

People’s Bank of China has suggested it will not flood the market with excessive liquidity, in a quarterly monetary policy document.

China’s central bank suggests it will stem flood of money into economy
China’s economy dug out by strong excavator and crane sales, as stimulus kicks in

Sales of excavation equipment in China are booming, suggesting that Beijing’s stimulus package is starting to filter into the economy.

15 Apr 2019 - 10:24PM

Sales of excavation equipment in China are booming, suggesting that Beijing’s stimulus package is starting to filter into the economy.

China’s economy dug out by strong excavator and crane sales, as stimulus kicks in
China’s P2P lending market could be decimated this year amid Beijing crackdown

China’s P2P lending market could soon face a second reckoning as Beijing prepares to adopt stricter licensing requirements.

17 Apr 2019 - 4:48PM

China’s P2P lending market could soon face a second reckoning as Beijing prepares to adopt stricter licensing requirements.

China’s P2P lending market could be decimated this year amid Beijing crackdown
US-China trade war ‘still within control’, Beijing says, as trade gap widens due to soaring Chinese exports

Exports grew by 14.2 per cent in March, a big jump from the 20.8 per cent fall in January and February, while exports contracted by 7.6 per cent.

12 Apr 2019 - 11:27PM

Exports grew by 14.2 per cent in March, a big jump from the 20.8 per cent fall in January and February, while exports contracted by 7.6 per cent.

US-China trade war ‘still within control’, Beijing says, as trade gap widens due to soaring Chinese exports
China’s banks defy Beijing by pumping loans into property, despite economic slowdown

About half of new loans issued by China’s big six banks last year went to individual property buyers, despite Beijing’s orders to lend to private companies.

5 Apr 2019 - 10:36PM

About half of new loans issued by China’s big six banks last year went to individual property buyers, despite Beijing’s orders to lend to private companies.

China’s banks defy Beijing by pumping loans into property, despite economic slowdown
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
Volkswagen latest to reduce prices in China ahead of VAT cut with sales at record low amid slowdown

Mercedes-Benz, BMW, Land Rover, Jaguar, Volvo, Lincoln as well as Audi have already cut prices ahead of next week’s value-added tax rate cut for manufacturers.

27 Mar 2019 - 7:30PM

Mercedes-Benz, BMW, Land Rover, Jaguar, Volvo, Lincoln as well as Audi have already cut prices ahead of next week’s value-added tax rate cut for manufacturers.

Volkswagen latest to reduce prices in China ahead of VAT cut with sales at record low amid slowdown
China declares victory over African swine fever but cover-up claims call success into question

Agriculture ministry declares tentative victory, but industry figures fear many cases are not being reported with journalists ordered not to cover the story.

28 Mar 2019 - 2:41PM

Agriculture ministry declares tentative victory, but industry figures fear many cases are not being reported with journalists ordered not to cover the story.

China declares victory over African swine fever but cover-up claims call success into question
China’s grounding of Boeing 737 Max 8 may win praise for safety but no points for aircraft sales

China’s decision to ground Boeing 737 Max 8s after Ethiopia crash leads way, but decision is of little commercial advantage as Chinese-built C919 is years from service.

14 Mar 2019 - 11:33AM

China’s decision to ground Boeing 737 Max 8s after Ethiopia crash leads way, but decision is of little commercial advantage as Chinese-built C919 is years from service.

China’s grounding of Boeing 737 Max 8 may win praise for safety but no points for aircraft sales
China’s decision to ground Boeing 737 MAX 8 driven by safety concerns, not US-China trade war: experts say

Civil Aviation Administration of China ordered domestic carriers to temporarily ground the aircraft after fatal Ethiopian Airlines crash.

13 Mar 2019 - 10:48AM

Civil Aviation Administration of China ordered domestic carriers to temporarily ground the aircraft after fatal Ethiopian Airlines crash.

China’s decision to ground Boeing 737 MAX 8 driven by safety concerns, not US-China trade war: experts say
Hamburger and stir-fry diplomacy: how China and the United States showed goodwill in trade war talks

Senior Chinese official says delegations from both countries are working around the clock for a deal to scrap extra duties on billions of dollars in imports.

9 Mar 2019 - 11:26PM

Senior Chinese official says delegations from both countries are working around the clock for a deal to scrap extra duties on billions of dollars in imports.

Hamburger and stir-fry diplomacy: how China and the United States showed goodwill in trade war talks
China to make forced technology transfer illegal as Beijing tries to woo back foreign investors

Issue a key demand made by US President Donald Trump as part of the ongoing US-China trade war.

7 Mar 2019 - 10:38AM

Issue a key demand made by US President Donald Trump as part of the ongoing US-China trade war.

China to make forced technology transfer illegal as Beijing tries to woo back foreign investors
China businesses offer mixed reaction to VAT cut as exporters still call for more help amid slowdown

New 13 per cent value-added tax rate announced by Premier Li Keqiang on Tuesday still higher than in competitors across Asia.

5 Mar 2019 - 11:02PM

New 13 per cent value-added tax rate announced by Premier Li Keqiang on Tuesday still higher than in competitors across Asia.

China businesses offer mixed reaction to VAT cut as exporters still call for more help amid slowdown
China manufacturing stabilised in February, but ‘too soon to call bottom of current economic cycle’

Results in contrast to official manufacturing purchasing managers’ index, which deteriorated further in February.

1 Mar 2019 - 10:47PM

Results in contrast to official manufacturing purchasing managers’ index, which deteriorated further in February.

China manufacturing stabilised in February, but ‘too soon to call bottom of current economic cycle’
US demands level playing field in China, but can Beijing rein in state subsidies to end trade war?

United States trade representative Robert Lighthizer has been a long-term critic of advantages given to domestic companies that make it difficult for foreign firms.

28 Feb 2019 - 4:52PM

United States trade representative Robert Lighthizer has been a long-term critic of advantages given to domestic companies that make it difficult for foreign firms.

US demands level playing field in China, but can Beijing rein in state subsidies to end trade war?
China’s economic policy dilemma increases as boosting growth is eating into local government coffers

Most of the nation’s 31 provinces failed to meet 2018 budget targets after China’s cut in value-added tax last year.

27 Feb 2019 - 2:30PM

Most of the nation’s 31 provinces failed to meet 2018 budget targets after China’s cut in value-added tax last year.

China’s economic policy dilemma increases as boosting growth is eating into local government coffers
China’s electronics sector has the most to lose if US increase trade war tariffs to 25 per cent

The 90-day tariff truce agreed between the US president and Chinese counterpart Xi Jinping is set to expire on March 1.

20 Feb 2019 - 9:27AM

The 90-day tariff truce agreed between the US president and Chinese counterpart Xi Jinping is set to expire on March 1.

China’s electronics sector has the most to lose if US increase trade war tariffs to 25 per cent
China’s gig economy losing ability to absorb laid off factory workers

Ride-hailing service Didi Chuxing, online food delivery platform Meituan Dianping as well as streaming services like Huya, Douyu and Kuaishou have faced challenges.

13 Feb 2019 - 2:13AM

Ride-hailing service Didi Chuxing, online food delivery platform Meituan Dianping as well as streaming services like Huya, Douyu and Kuaishou have faced challenges.

China’s gig economy losing ability to absorb laid off factory workers
China’s wealth gap widens as more than half of its provinces missed growth targets last year

Seventeen of 31 failed to meet their gross domestic product growth rate goals in a year where the national economy expanded its slowest pace in 28 years.

12 Feb 2019 - 11:44AM

Seventeen of 31 failed to meet their gross domestic product growth rate goals in a year where the national economy expanded its slowest pace in 28 years.

China’s wealth gap widens as more than half of its provinces missed growth targets last year
China’s crowded labour market is making life tough for foreign workers and new graduate ‘sea turtles’

Overseas-trained talent known as ‘haigui’ are no longer seen as having an advantage over locally educated employees.

13 Feb 2019 - 1:54PM

Overseas-trained talent known as ‘haigui’ are no longer seen as having an advantage over locally educated employees.

China’s crowded labour market is making life tough for foreign workers and new graduate ‘sea turtles’
‘China’s economy reached new heights’: how the slowdown is being reported by Chinese state media

China’s state-owned media glosses over the economic slowdown.

10 Feb 2019 - 8:57AM

China’s state-owned media glosses over the economic slowdown.

‘China’s economy reached new heights’: how the slowdown is being reported by Chinese state media
China factory outlook darkens due weak domestic demand, but how will Beijing respond?

The Caixin manufacturing purchasing managers’ index (PMI) drops to three year low, with sector contraction deepening.

1 Feb 2019 - 10:57PM

The Caixin manufacturing purchasing managers’ index (PMI) drops to three year low, with sector contraction deepening.

China factory outlook darkens due weak domestic demand, but how will Beijing respond?
China economy ‘losing momentum’ as first major data of 2019 paints gloomy picture

Chinese manufacturing contracted in January, for the second month in a row, purchasing managers’ index (PMI) data showed.

31 Jan 2019 - 10:47PM

Chinese manufacturing contracted in January, for the second month in a row, purchasing managers’ index (PMI) data showed.

China economy ‘losing momentum’ as first major data of 2019 paints gloomy picture
Chinese finance ministry and central bank on same page on growth after Xi warns of risks to economy

Ministries announce plans for tax cuts, infrastructure spending, more market liquidity and greater lending.

23 Jan 2019 - 8:47PM

Ministries announce plans for tax cuts, infrastructure spending, more market liquidity and greater lending.

Chinese finance ministry and central bank on same page on growth after Xi warns of risks to economy
China revises down 2017 economic growth rate to 6.8 per cent ahead of announcing 2018 GDP figures

Downward revision creates lower comparison base for 2018 growth calculation, but it is unclear if adjustment will have any effect on 2018 growth rate and GDP figures.

18 Jan 2019 - 2:56PM

Downward revision creates lower comparison base for 2018 growth calculation, but it is unclear if adjustment will have any effect on 2018 growth rate and GDP figures.

China revises down 2017 economic growth rate to 6.8 per cent ahead of announcing 2018 GDP figures
How ‘Made in China 2025’ became a lightning rod in ‘war over China’s national destiny’

The industrial modernisation programme aims to make China a dominant player in 10 strategic industries but has been labelled a threat to US economic growth.

18 Jan 2019 - 10:25AM

The industrial modernisation programme aims to make China a dominant player in 10 strategic industries but has been labelled a threat to US economic growth.

How ‘Made in China 2025’ became a lightning rod in ‘war over China’s national destiny’
Trade war sees China’s provinces slash growth forecasts for 2019

From the coastal province of Jiangsu to central Henan, China’s provinces have downgraded their economic growth targets for 2019.

16 Jan 2019 - 10:59PM

From the coastal province of Jiangsu to central Henan, China’s provinces have downgraded their economic growth targets for 2019.

Trade war sees China’s provinces slash growth forecasts for 2019