Reporter, China Economy
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.
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China’s official surveyed unemployment rate came in at 5.2 per cent in December, the same as in 2019, and a far cry from February’s reading of 6.2 per cent.
China’s official surveyed unemployment rate came in at 5.2 per cent in December, the same as in 2019, and a far cry from February’s reading of 6.2 per cent.
Pitted against cheaper, more abundant Chilean counterparts, premium Tasmanian cherries are finding the Chinese market less welcoming ahead of the Lunar New Year.
Pitted against cheaper, more abundant Chilean counterparts, premium Tasmanian cherries are finding the Chinese market less welcoming ahead of the Lunar New Year.
Beijing’s campaign to eliminate absolute poverty, which started in 2015 and was said to have been accomplished last year, also coincided with a rise in inequality.
Beijing’s campaign to eliminate absolute poverty, which started in 2015 and was said to have been accomplished last year, also coincided with a rise in inequality.
Rates on the busiest shipping routes from China to the US hit record highs last year amid a supply shortage, with containers needed to get home-related items to consumers.
Rates on the busiest shipping routes from China to the US hit record highs last year amid a supply shortage, with containers needed to get home-related items to consumers.
China’s birth rate has been declining so Beijing encouraging couples to have more children, but this is leading to more gender inequality as employers worry about extra maternity costs.
China’s birth rate has been declining so Beijing encouraging couples to have more children, but this is leading to more gender inequality as employers worry about extra maternity costs.
Analysts say the trend of high coal prices shows no sign of abating in the short term, while supplies continue to dwindle in China at an alarming rate.
Analysts say the trend of high coal prices shows no sign of abating in the short term, while supplies continue to dwindle in China at an alarming rate.
China’s regulators recently issued new rules targeting big fintech firms, but other sources of lending remain abundant for those who need cash, and nation’s banking regular is warning consumers not to fall into the trap of ‘uncontrolled and blind consumption’.
China’s regulators recently issued new rules targeting big fintech firms, but other sources of lending remain abundant for those who need cash, and nation’s banking regular is warning consumers not to fall into the trap of ‘uncontrolled and blind consumption’.
Publicly released travel records of some coronavirus-infected people in Beijing cast a spotlight on how difficult it can be to make a living in China’s capital, and censors have stepped in to muffle online complaints.
Publicly released travel records of some coronavirus-infected people in Beijing cast a spotlight on how difficult it can be to make a living in China’s capital, and censors have stepped in to muffle online complaints.
China’s exports have surged over the past six months thanks to strong demand in Western countries, but a tight labour market is proving a headache for many factories.
China’s exports have surged over the past six months thanks to strong demand in Western countries, but a tight labour market is proving a headache for many factories.
Central Economic Work Conference ends with focus on country’s ‘history-making’ recovery from Covid-19 and plans to boost self-reliance.
Central Economic Work Conference ends with focus on country’s ‘history-making’ recovery from Covid-19 and plans to boost self-reliance.
Rules cover everything from defence and technology to infrastructure, transport and financial services but officials insist they are not protectionist.
Rules cover everything from defence and technology to infrastructure, transport and financial services but officials insist they are not protectionist.
China’s minimum living standard guarantee, known as ‘dibao’, has been transformed into a means to control ‘targeted populations’, says Jennifer Pan, from Stanford University.
China’s minimum living standard guarantee, known as ‘dibao’, has been transformed into a means to control ‘targeted populations’, says Jennifer Pan, from Stanford University.
A government-affiliated landscaping company paid a middleman a 450 per cent mark-up on the price of the water, but it was still cheaper than water from the tap.
A government-affiliated landscaping company paid a middleman a 450 per cent mark-up on the price of the water, but it was still cheaper than water from the tap.
Worsening diplomatic relations with key tech partners and a shortage of core skills despite billions of dollars invested mean China’s goal of achieving self-reliance in chips will be challenging
Worsening diplomatic relations with key tech partners and a shortage of core skills despite billions of dollars invested mean China’s goal of achieving self-reliance in chips will be challenging
Not since 1991 has self-ruled Taiwan seen greater annual economic growth than that reported by the world’s current second-largest economy.
Not since 1991 has self-ruled Taiwan seen greater annual economic growth than that reported by the world’s current second-largest economy.
As of Monday, the price of imported iron ore has surged above US$142 per tonne, up more than 55 per cent from the beginning of this year, according to the China Iron and Steel Association.
As of Monday, the price of imported iron ore has surged above US$142 per tonne, up more than 55 per cent from the beginning of this year, according to the China Iron and Steel Association.
China’s export growth once again outstripped import growth last month, trade data on Monday showed, but bumper sales are set to continue as new coronavirus lockdowns hit parts of the West.
China’s export growth once again outstripped import growth last month, trade data on Monday showed, but bumper sales are set to continue as new coronavirus lockdowns hit parts of the West.
Competition for jobs among fresh university graduates in China looks to be even more intense next year after the coronavirus left millions of degree-holders desperate to find work.
Competition for jobs among fresh university graduates in China looks to be even more intense next year after the coronavirus left millions of degree-holders desperate to find work.
Size of the PlusToken scam makes it one of the largest uncovered Ponzi schemes in China to have taken advantage of blockchain technology, and the number of new cases involving illegal fundraising have soared in recent years.
Size of the PlusToken scam makes it one of the largest uncovered Ponzi schemes in China to have taken advantage of blockchain technology, and the number of new cases involving illegal fundraising have soared in recent years.
China’s new export control law allows it to retaliate against any country that endangers national security and comes against the backdrop of a growing tech war with the US.
China’s new export control law allows it to retaliate against any country that endangers national security and comes against the backdrop of a growing tech war with the US.
China has made progress in boosting enrolments to high schools and universities, but a significant portion of its rural population lags behind.
China has made progress in boosting enrolments to high schools and universities, but a significant portion of its rural population lags behind.
Wuhan Hongxin Semiconductor Manufacturing Company (HSMC) has been taken over by the Dongxihu district government in central province of Hubei.
Wuhan Hongxin Semiconductor Manufacturing Company (HSMC) has been taken over by the Dongxihu district government in central province of Hubei.
China Railway Express operated a record 11,000 trains across Eurasia by early November, with China continuing to run a large trade surplus with the European Union in the first 10 months of year.
China Railway Express operated a record 11,000 trains across Eurasia by early November, with China continuing to run a large trade surplus with the European Union in the first 10 months of year.
China provides an official surveyed unemployment rate but it does not include 149 million self-employed business owners and nearly 300 million migrant workers.
China provides an official surveyed unemployment rate but it does not include 149 million self-employed business owners and nearly 300 million migrant workers.
Reference to ‘family planning’ was dropped from the 14th five-year plan, an omission researchers say shows the government is letting go of its controversial birth restrictions.
Reference to ‘family planning’ was dropped from the 14th five-year plan, an omission researchers say shows the government is letting go of its controversial birth restrictions.
In October, new ship orders as a percentage of the global fleet fell to 7.1 per cent, the lowest level since 1989, according to Clarksons Research.
In October, new ship orders as a percentage of the global fleet fell to 7.1 per cent, the lowest level since 1989, according to Clarksons Research.
Huang Qifan, the outspoken former mayor of Chongqing, has painted a rosy picture of China’s economy under Beijing’s new ‘dual circulation’ strategy.
Huang Qifan, the outspoken former mayor of Chongqing, has painted a rosy picture of China’s economy under Beijing’s new ‘dual circulation’ strategy.
While many live streamers enter the market in China with dreams of hitting it rich, only a few make it to the big leagues.
While many live streamers enter the market in China with dreams of hitting it rich, only a few make it to the big leagues.
Party journal says president unveiled plans to boost domestic demand to senior advisers a month before going public with the concept.
Party journal says president unveiled plans to boost domestic demand to senior advisers a month before going public with the concept.
With Washington using its control over the global US dollar payment system to impose sanctions, the Eurasian Economic Union is looking to insulate itself by creating a new monetary and financial system.
With Washington using its control over the global US dollar payment system to impose sanctions, the Eurasian Economic Union is looking to insulate itself by creating a new monetary and financial system.
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