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

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 Sep 2019 - 11:04PM

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
China, US close to agreeing interim trade war deal, Beijing expert predicts

Beijing to agree to buy more American farm products, while US President Donald Trump should postpone further tariff increases and ease restrictions on Huawei.

19 Sep 2019 - 11:33PM

Beijing to agree to buy more American farm products, while US President Donald Trump should postpone further tariff increases and ease restrictions on Huawei.

China, US close to agreeing interim trade war deal, Beijing expert predicts
Hong Kong protests fail to slow city’s role as foreign investment gateway to China, government data shows

China received US$62.9 billion in foreign direct investment via Hong Kong in the first eight months of this year, accounting for 70 per cent of total inflows.

18 Sep 2019 - 3:01AM

China received US$62.9 billion in foreign direct investment via Hong Kong in the first eight months of this year, accounting for 70 per cent of total inflows.

Hong Kong protests fail to slow city’s role as foreign investment gateway to China, government data shows
China corn industry also hit by African swine fever as demand for pig feed drops

China grew 257 million tonnes in 2018 or 40 per cent of the country’s overall grain production, with the industry contributing 7.8 per cent of gross domestic product.

17 Sep 2019 - 8:39AM

China grew 257 million tonnes in 2018 or 40 per cent of the country’s overall grain production, with the industry contributing 7.8 per cent of gross domestic product.

China corn industry also hit by African swine fever as demand for pig feed drops
China’s industrial growth slowed to new 17-year low in August, even before new US trade war tariffs took effect

Industrial production, which measures China’s industrial output grew at 4.4 per cent last month, down from 4.8 per cent in July and the lowest growth since February 2002.

17 Sep 2019 - 9:42AM

Industrial production, which measures China’s industrial output grew at 4.4 per cent last month, down from 4.8 per cent in July and the lowest growth since February 2002.

China’s industrial growth slowed to new 17-year low in August, even before new US trade war tariffs took effect
China welcomes Donald Trump’s ‘goodwill’ act of postponing US tariff increase until after National Day

The American president confirmed a planned increase in tariffs from 25 per cent to 30 per cent on US$250 billion of Chinese goods will be delayed to October 15.

12 Sep 2019 - 5:16PM

The American president confirmed a planned increase in tariffs from 25 per cent to 30 per cent on US$250 billion of Chinese goods will be delayed to October 15.

China welcomes Donald Trump’s ‘goodwill’ act of postponing US tariff increase until after National Day
China should continue using food imports as chip in US trade talks, says former leading agriculture negotiator

American President Donald Trump has repeatedly charged that China has not lived up to its promises to buy large quantities of US farm products.

11 Sep 2019 - 11:16PM

American President Donald Trump has repeatedly charged that China has not lived up to its promises to buy large quantities of US farm products.

China should continue using food imports as chip in US trade talks, says former leading agriculture negotiator
China ‘working proactively’ towards launching live pig financial futures contracts as pork prices soar

Dalian Commodity Exchange is moving closer to launching the type of financial contract in the world’s largest live pig industry.

11 Sep 2019 - 3:56PM

Dalian Commodity Exchange is moving closer to launching the type of financial contract in the world’s largest live pig industry.

China ‘working proactively’ towards launching live pig financial futures contracts as pork prices soar
Hong Kong protests and US trade war no longer China’s top priorities as spiralling pork prices dominate agenda

Vice-Premier Hu Chunhua heading Beijing’s efforts with latest data showing pork prices rose 46.7 per cent in August compared to a year earlier.

10 Sep 2019 - 11:14PM

Vice-Premier Hu Chunhua heading Beijing’s efforts with latest data showing pork prices rose 46.7 per cent in August compared to a year earlier.

Hong Kong protests and US trade war no longer China’s top priorities as spiralling pork prices dominate agenda
China’s pork prices starting to ‘scare’ consumers as discontent soars

Prices have doubled since July, reaching record highs of 30 to 33 yuan per kilogram, after African swine fever outbreak led to 1 million pigs being culled.

11 Sep 2019 - 12:03PM

Prices have doubled since July, reaching record highs of 30 to 33 yuan per kilogram, after African swine fever outbreak led to 1 million pigs being culled.

China’s pork prices starting to ‘scare’ consumers as discontent soars
China tapping national pork reserves will not satisfy shortage of the culturally symbolic meat, analysts warn

Even if China was to import all the tradeable pork in the world and use up all its frozen reserves, there would still be a large supply deficit.

6 Sep 2019 - 8:44PM

Even if China was to import all the tradeable pork in the world and use up all its frozen reserves, there would still be a large supply deficit.

China tapping national pork reserves will not satisfy shortage of the culturally symbolic meat, analysts warn
China-US trade war talks to resume in early October as global growth outlook dims

The two sides agree to meet in Washington next month as private sector growth forecasts cut because of escalating trade war impact

6 Sep 2019 - 3:50AM

The two sides agree to meet in Washington next month as private sector growth forecasts cut because of escalating trade war impact

China-US trade war talks to resume in early October as global growth outlook dims
China’s pork supply worries increase as local authorities offer discounts to quell rising anger over soaring prices

Residents in selected cities in the Guangxi autonomous region and Fujian province offered subsidies with prices having doubled since July due to African swine fever.

3 Sep 2019 - 11:54PM

Residents in selected cities in the Guangxi autonomous region and Fujian province offered subsidies with prices having doubled since July due to African swine fever.

China’s pork supply worries increase as local authorities offer discounts to quell rising anger over soaring prices
China’s Communist Party elite to meet in October after a year’s delay

Central Committee was expected to meet last autumn but gathering was put off amid trade war and Hong Kong unrest.

30 Aug 2019 - 11:38PM

Central Committee was expected to meet last autumn but gathering was put off amid trade war and Hong Kong unrest.

China’s Communist Party elite to meet in October after a year’s delay
China ‘still discussing’ next round of trade war talks with US amid escalating tensions as new tariffs loom

Commerce ministry spokesman confirms sides have maintained ‘effective communications’ since last round of face-to-face talks in Shanghai in July.

29 Aug 2019 - 8:27PM

Commerce ministry spokesman confirms sides have maintained ‘effective communications’ since last round of face-to-face talks in Shanghai in July.

China ‘still discussing’ next round of trade war talks with US amid escalating tensions as new tariffs loom
China extends pilot free trade zones to strategic border regions

Underdeveloped rust belt economies also primed to benefit from creation of six new trading zones.

26 Aug 2019 - 11:58PM

Underdeveloped rust belt economies also primed to benefit from creation of six new trading zones.

China extends pilot free trade zones to strategic border regions
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 - 10:25PM

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 - 11:40PM

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