Sidney Leng

Sidney Leng joined the Post in 2015 after spending a year and a half working for US media, including National Public Radio and Foreign Policy Magazine. He has been covering China's macroeconomic policies and financial regulations since 2016.
Sidney Leng
Sidney Leng joined the Post in 2015 after spending a year and a half working for US media, including National Public Radio and Foreign Policy Magazine. He has been covering China's macroeconomic policies and financial regulations since 2016.

Latest from Sidney Leng

‘I knew it was a time bomb’: China chemical plant blast was not the first at industrial park

Local residents say they took the risk of staying there because they relied on the factories for work, while investigators criticise authorities and company bosses for failing to rectify safety problems.

50 minutes ago

Local residents say they took the risk of staying there because they relied on the factories for work, while investigators criticise authorities and company bosses for failing to rectify safety problems.

‘I knew it was a time bomb’: China chemical plant blast was not the first at industrial park
Chinese chemical plant survivors relive horror of ‘earth-shattering’ blast

One man said he saw a child being thrown into the air, while witnesses describe how shards of glass ‘fell like rain’ after Yancheng explosion.

23 Mar 2019 - 11:18AM

One man said he saw a child being thrown into the air, while witnesses describe how shards of glass ‘fell like rain’ after Yancheng explosion.

Chinese chemical plant survivors relive horror of ‘earth-shattering’ blast
China chemical plant explosion: relatives grieve and villagers flee like refugees

Hospital emergency wards filled with injured workers, residents and anxious families, as survivors and witnesses tell of the destruction caused by Thursday’s blast at chemical plant in Jiangsu.

22 Mar 2019 - 7:36PM

Hospital emergency wards filled with injured workers, residents and anxious families, as survivors and witnesses tell of the destruction caused by Thursday’s blast at chemical plant in Jiangsu.

China chemical plant explosion: relatives grieve and villagers flee like refugees
Devastation at blast site after China chemical plant explosion leaves at least 64 dead, 640 injured

Explosion at Jiangsu Tianjiayi Chemical plant on Thursday leaves 640 injured and forces nearly 3,000 people to be evacuated.

23 Mar 2019 - 2:20AM

Explosion at Jiangsu Tianjiayi Chemical plant on Thursday leaves 640 injured and forces nearly 3,000 people to be evacuated.

Devastation at blast site after China chemical plant explosion leaves at least 64 dead, 640 injured
Almost one-third of Chinese cities are shrinking, but urban planners told to keep building

The study tracked the intensity of night lights in more than 3,300 cities and towns between 2013 and 2016, but urban planners are still being told to keep building.

19 Mar 2019 - 9:49AM

The study tracked the intensity of night lights in more than 3,300 cities and towns between 2013 and 2016, but urban planners are still being told to keep building.

Almost one-third of Chinese cities are shrinking, but urban planners told to keep building
US academics call on Beijing to immediately release Canadian Michael Kovrig, saying his arrest has ‘chilling effect’ on US-China relations

Group issues joint statement saying his arrest ‘has a chilling effect on all those who are committed to advance constructive US-China relations’.

12 Mar 2019 - 2:50AM

Group issues joint statement saying his arrest ‘has a chilling effect on all those who are committed to advance constructive US-China relations’.

US academics call on Beijing to immediately release Canadian Michael Kovrig, saying his arrest has ‘chilling effect’ on US-China relations
China’s GDP growth could be half of reported number, says US economist at prominent Chinese university

US economist Michael Pettis of Peking University says China GDP is overestimated as bad debt is not written down.

10 Mar 2019 - 9:09AM

US economist Michael Pettis of Peking University says China GDP is overestimated as bad debt is not written down.

China’s GDP growth could be half of reported number, says US economist at prominent Chinese university
China ‘exaggerated’ GDP data by 2 percentage points for at least nine years, new study says

Mainland has overestimated its nominal and real growth rates by about 2 full percentage points on average between 2008 to 2016.

7 Mar 2019 - 10:58PM

Mainland has overestimated its nominal and real growth rates by about 2 full percentage points on average between 2008 to 2016.

China ‘exaggerated’ GDP data by 2 percentage points for at least nine years, new study says
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’s ‘two sessions’: an economic watershed or just more of the same?

Future of the economy to be prime topic at meetings of the National People’s Congress and Chinese People’s Political Consultative Conference over the next two weeks.

5 Mar 2019 - 10:28AM

Future of the economy to be prime topic at meetings of the National People’s Congress and Chinese People’s Political Consultative Conference over the next two weeks.

China’s ‘two sessions’: an economic watershed or just more of the same?
China’s complicated employment picture amid an economic slowdown and US trade war

Contradicting unemployment and employment data leaves many questioning, what is the exact health of China’s labour market?

1 Mar 2019 - 9:56AM

Contradicting unemployment and employment data leaves many questioning, what is the exact health of China’s labour market?

China’s complicated employment picture amid an economic slowdown and US trade war
Hong Kong economy surpassed by neighbour Shenzhen for first time in 2018 as China’s hi-tech hub soars

Hong Kong’s GDP rose to HK$2.85 trillion last year compared to 2.42 trillion yuan or HK$2.87 trillion in Shenzhen.

27 Feb 2019 - 11:20PM

Hong Kong’s GDP rose to HK$2.85 trillion last year compared to 2.42 trillion yuan or HK$2.87 trillion in Shenzhen.

Hong Kong economy surpassed by neighbour Shenzhen for first time in 2018 as China’s hi-tech hub soars
China’s wealthy citizens will not be cutting back on spending despite trade war and economic slowdown

More than 80 per cent of consumers in a survey by HSBC with an annual income of at least US$22,341 plan to spend at least the same amount as last year.

25 Feb 2019 - 10:50PM

More than 80 per cent of consumers in a survey by HSBC with an annual income of at least US$22,341 plan to spend at least the same amount as last year.

China’s wealthy citizens will not be cutting back on spending despite trade war and economic slowdown
US-China trade war: Can China meet US demands on IP theft and forced technology transfer?

Systemic intellectual property theft in China costs US companies at least US$50 billion per year, according to a US Trade Representative report.

26 Feb 2019 - 5:20AM

Systemic intellectual property theft in China costs US companies at least US$50 billion per year, according to a US Trade Representative report.

US-China trade war: Can China meet US demands on IP theft and forced technology transfer?
China’s cherry phenomenon bucking trend of the overall economic slowdown

Consumers holding back from spending on big-ticket items like cars, appliances and mobile phones, but will buy pricey food items.

25 Feb 2019 - 11:01AM

Consumers holding back from spending on big-ticket items like cars, appliances and mobile phones, but will buy pricey food items.

China’s cherry phenomenon bucking trend of the overall economic slowdown
Chongqing battles rising unemployment as China’s traditional industrial base follows nationwide slump

Chongqing struggling to find jobs for workers who were laid off as the US-China trade war forced factories to downsize.

15 Feb 2019 - 3:21PM

Chongqing struggling to find jobs for workers who were laid off as the US-China trade war forced factories to downsize.

Chongqing battles rising unemployment as China’s traditional industrial base follows nationwide slump
Xi Jinping turns to Mao Zedong-era system to lift millions of China’s rural poor out of poverty

President Xi Jinping has pledged to lift millions of rural poor out of poverty and he is hoping a revitalised Mao-era system will do the trick.

4 Feb 2019 - 11:18AM

President Xi Jinping has pledged to lift millions of rural poor out of poverty and he is hoping a revitalised Mao-era system will do the trick.

Xi Jinping turns to Mao Zedong-era  system to  lift millions of China’s rural poor out of poverty
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
Cryptocurrency and pyramid schemes add to US$44.5 billion surge in illegal fundraising in China

Police investigated more than 10,000 cases of illegal fundraising last year, a 22 per cent rise in the caseload, according to top prosecutors.

31 Jan 2019 - 10:16AM

Police investigated more than 10,000 cases of illegal fundraising last year, a 22 per cent rise in the caseload, according to top prosecutors.

Cryptocurrency and pyramid schemes add to US$44.5 billion surge in illegal fundraising in China
Guangdong’s growth slump is seen as a turning point for China’s economy, say analysts

Country’s most prosperous province has set lower 2019 growth target that matches expected national target as fast growth fades and trade war clouds outlook.

30 Jan 2019 - 11:02PM

Country’s most prosperous province has set lower 2019 growth target that matches expected national target as fast growth fades and trade war clouds outlook.

Guangdong’s growth slump is seen as a turning point for China’s economy, say analysts
China’s smartphone shipments fall 14 per cent to 396 million as consumers pull back on spending

Apple recorded a 13 per cent year-on-year drop in smartphone units shipped to China last year, according to Canalys.

29 Jan 2019 - 4:59PM

Apple recorded a 13 per cent year-on-year drop in smartphone units shipped to China last year, according to Canalys.

China’s smartphone shipments fall 14 per cent to 396 million as consumers pull back on spending
Trade war fears and low demand sees profit growth at China’s industrial giants cut in half

Industrial profit growth falls for eight consecutive months since April, dragging the full-year growth down to 10.3 per cent, compared to 21 per cent in 2017.

28 Jan 2019 - 10:55PM

Industrial profit growth falls for eight consecutive months since April, dragging the full-year growth down to 10.3 per cent, compared to 21 per cent in 2017.

Trade war fears and low demand sees profit growth at China’s industrial giants cut in half
Xi Jinping has issued a rallying cry, but what is China on alert for?

Analysts say the prospect of a current account deficit, as well as mounting debt, growing hostility from abroad and a slowing economy could be among the risks top cadres have been told to keep watch for.

23 Jan 2019 - 10:27AM

Analysts say the prospect of a current account deficit, as well as mounting debt, growing hostility from abroad and a slowing economy could be among the risks top cadres have been told to keep watch for.

Xi Jinping has issued a rallying cry, but what is China on alert for?
China’s birth rate falls again, with 2018 producing the fewest babies since 1961, official data shows

New births in China fell to 15.23 million last year, the lowest since China relaxed its one-child policy in 2014.

21 Jan 2019 - 11:18PM

New births in China fell to 15.23 million last year, the lowest since China relaxed its one-child policy in 2014.

China’s birth rate falls again, with 2018 producing the fewest babies since 1961, official data shows
Jobs in China’s export-import industries wither in the heat of Washington’s trade war with Beijing

Survey finds demand for labour plunged by 40 per cent in last quarter of 2018, while losses in sector were responsible for heaviest stresses on Chinese jobs market.

18 Jan 2019 - 9:09PM

Survey finds demand for labour plunged by 40 per cent in last quarter of 2018, while losses in sector were responsible for heaviest stresses on Chinese jobs market.

Jobs in China’s export-import industries wither in the heat of Washington’s trade war with Beijing
In China industrial heartland city of Chongqing, a painful economic transition is on full display

Policies of previous city leaders made Chongqing dependent on expensive government-sponsored infrastructure projects.

19 Jan 2019 - 3:45AM

Policies of previous city leaders made Chongqing dependent on expensive government-sponsored infrastructure projects.

In China industrial heartland city of Chongqing, a painful economic transition is on full display
Goldman Sachs at centre of latest bout of nationalism and resentment in China over Sinopec oil deal

American investment bank follows the likes of Dolce & Gabbana, Canada Goose and Lotte to suffer at the hands of negative online debate.

7 Jan 2019 - 8:31PM

American investment bank follows the likes of Dolce & Gabbana, Canada Goose and Lotte to suffer at the hands of negative online debate.

Goldman Sachs at centre of latest bout of nationalism and resentment in China over Sinopec oil deal
China birth numbers expected to fall to lowest level since 2000, creating new economic and social challenges

Births in 2018 will drop below 15 million, according to report.

2 Jan 2019 - 11:30PM

Births in 2018 will drop below 15 million, according to report.

China birth numbers expected to fall to lowest level since 2000, creating new economic and social challenges
China’s new income tax law could be costly for foreign workers, but there’s good news too

Non-nationals who spend more than six months working in China are required to declare their worldwide income, but an extended trip back home once every six years is all it takes to make the headache go away.

1 Jan 2019 - 10:59PM

Non-nationals who spend more than six months working in China are required to declare their worldwide income, but an extended trip back home once every six years is all it takes to make the headache go away.

China’s new income tax law could be costly for foreign workers, but there’s good news too
Xi Jinping steers clear of US trade war and slowing economy in glowing review of China’s ‘extraordinary’ 2018

President steers clear of controversies and makes no mention of increased tensions with US in his review of the previous 12 months.

30 Dec 2018 - 11:05PM

President steers clear of controversies and makes no mention of increased tensions with US in his review of the previous 12 months.

Xi Jinping steers clear of US trade war and slowing economy in glowing review of China’s ‘extraordinary’ 2018