Sidney Leng

Hong Kong

Sidney Leng

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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Latest from Sidney Leng

China jobs market still seen as weak, unstable even as unemployment rate returns to pre-coronavirus level

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.

21 Jan 2021 - 12:36AM

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 jobs market still seen as weak, unstable even as unemployment rate returns to pre-coronavirus level
China-Australia relations: some Chinese importers shying away from Tasmanian cherries ahead of 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.

20 Jan 2021 - 6:00AM

Pitted against cheaper, more abundant Chilean counterparts, premium Tasmanian cherries are finding the Chinese market less welcoming ahead of the Lunar New Year.

China-Australia relations: some Chinese importers shying away from Tasmanian cherries ahead of Lunar New Year
China’s Xi Jinping talks of ‘common prosperity’ as the rich get richer, with little indication of how it will reduce 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.

14 Jan 2021 - 10:20PM

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.

China’s Xi Jinping talks of ‘common prosperity’ as the rich get richer, with little indication of how it will reduce inequality
Shipping containers becomes new buzz word as coronavirus leaves industry struggling to meet demand

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.

11 Jan 2021 - 9:55PM

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.

Shipping containers becomes new buzz word as coronavirus leaves industry struggling to meet demand
China’s birth rate push trumps gender equality, with women hit with ‘parenthood penalty’

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.

9 Jan 2021 - 6:30PM

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 push trumps gender equality, with women hit with ‘parenthood penalty’
China’s coal-price indices stop revealing surging prices as demand soars and inventories ‘fall below warning line’

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.

5 Jan 2021 - 7:00AM

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 coal-price indices stop revealing surging prices as demand soars and inventories ‘fall below warning line’
China’s new microlending curbs do not address underlying issue of household debt and borrowing, analysts say

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’.

31 Dec 2020 - 7:52PM

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 new microlending curbs do not address underlying issue of household debt and borrowing, analysts say
China sees outpouring of support for workers laid low by Beijing coronavirus outbreak, and online censors have stepped in

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.

29 Dec 2020 - 9:12AM

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 sees outpouring of support for workers laid low by Beijing coronavirus outbreak, and online censors have stepped in
As China’s coronavirus rebound gathers steam, export-oriented manufacturers struggle to find workers

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.

25 Dec 2020 - 9:16AM

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.

As China’s coronavirus rebound gathers steam, export-oriented manufacturers struggle to find workers
China strikes triumphal note over economic recovery as it looks to cut reliance on US technology

Central Economic Work Conference ends with focus on country’s ‘history-making’ recovery from Covid-19 and plans to boost self-reliance.

20 Dec 2020 - 12:48AM

Central Economic Work Conference ends with focus on country’s ‘history-making’ recovery from Covid-19 and plans to boost self-reliance.

China strikes triumphal note over economic recovery as it looks to cut reliance on US technology
China outlines system to subject foreign investors to national security review

Rules cover everything from defence and technology to infrastructure, transport and financial services but officials insist they are not protectionist.

22 Dec 2020 - 9:15AM

Rules cover everything from defence and technology to infrastructure, transport and financial services but officials insist they are not protectionist.

China outlines system to subject foreign investors to national security review
How China’s ‘dibao’ social safety net is being used to silence dissent, according to one researcher

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.

22 Dec 2020 - 9:16AM

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.

How China’s ‘dibao’ social safety net is being used to silence dissent, according to one researcher
China trades rainwater for first time, but analysts say unstable trading system is far from being market-driven

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.

17 Dec 2020 - 11:25PM

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.

China trades rainwater for first time, but analysts say unstable trading system is far from being market-driven
China’s chip dreams face reality check with Biden’s united front approach and realisation that money can’t buy success

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

14 Dec 2020 - 10:36AM

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

China’s chip dreams face reality check with Biden’s united front approach and realisation that money can’t buy success
Taiwan’s 2020 economic growth looks to outpace mainland China’s for first time in decades

Not since 1991 has self-ruled Taiwan seen greater annual economic growth than that reported by the world’s current second-largest economy.

12 Dec 2020 - 7:12AM

Not since 1991 has self-ruled Taiwan seen greater annual economic growth than that reported by the world’s current second-largest economy.

Taiwan’s 2020 economic growth looks to outpace mainland China’s for first time in decades
China-Australia relations: iron ore price surges amid strong demand and souring ties

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.

11 Dec 2020 - 4:56PM

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-Australia relations: iron ore price surges amid strong demand and souring ties
China trade: exports surge to record levels, as coronavirus lockdowns return to 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.

14 Dec 2020 - 12:01PM

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 trade: exports surge to record levels, as coronavirus lockdowns return to the West
China’s army of upcoming college graduates brace to compete for jobs with a familiar rival – the class of 2020’s unhired alumni

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.

6 Dec 2020 - 11:52PM

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.

China’s army of upcoming college graduates brace to compete for jobs with a familiar rival – the class of 2020’s unhired alumni
Chinese cryptocurrency scam ringleaders jailed in US$2.25 billion Ponzi scheme involving PlusToken platform

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.

1 Dec 2020 - 11:00PM

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.

Chinese cryptocurrency scam ringleaders jailed in US$2.25 billion Ponzi scheme involving PlusToken platform
China tightens export rules for sensitive tech, boosts power to retaliate against foreign sanctions

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.

1 Dec 2020 - 8:42AM

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 tightens export rules for sensitive tech, boosts power to retaliate against foreign sanctions
China must boost education quality ‘to avoid middle income trap’, rising inequality

China has made progress in boosting enrolments to high schools and universities, but a significant portion of its rural population lags behind.

24 Nov 2020 - 5:32PM

China has made progress in boosting enrolments to high schools and universities, but a significant portion of its rural population lags behind.

China must boost education quality ‘to avoid middle income trap’, rising inequality
China’s semiconductor dream takes a hit as local authority takes over ‘nightmare’ Wuhan factory

Wuhan Hongxin Semiconductor Manufacturing Company (HSMC) has been taken over by the Dongxihu district government in central province of Hubei.

18 Nov 2020 - 9:41PM

Wuhan Hongxin Semiconductor Manufacturing Company (HSMC) has been taken over by the Dongxihu district government in central province of Hubei.

China’s semiconductor dream takes a hit as local authority takes over ‘nightmare’ Wuhan factory
China-Europe rail trade imbalance growing due coronavirus, demand for PPE

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.

18 Nov 2020 - 7:37AM

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-Europe rail trade imbalance growing due coronavirus, demand for PPE
Explainer | China unemployment rate: how is it measured and why is it important?

China provides an official surveyed unemployment rate but it does not include 149 million self-employed business owners and nearly 300 million migrant workers.

18 Jan 2021 - 10:27AM

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 unemployment rate: how is it measured and why is it important?
China birth rate: Beijing vows to be ‘inclusive’, will stop punishing people for having too many babies

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.

6 Nov 2020 - 11:10AM

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.

China birth rate: Beijing vows to be ‘inclusive’, will stop punishing people for having too many babies
Coronavirus impact on global trade prompts ship firms to cut back on new vessels

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.

4 Nov 2020 - 8:23PM

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.

Coronavirus impact on global trade prompts ship firms to cut back on new vessels
China’s GDP to grow by at least 5.5 per cent annually in next five years, former Chongqing mayor Huang Qifan says

Huang Qifan, the outspoken former mayor of Chongqing, has painted a rosy picture of China’s economy under Beijing’s new ‘dual circulation’ strategy.

10 Nov 2020 - 3:54PM

Huang Qifan, the outspoken former mayor of Chongqing, has painted a rosy picture of China’s economy under Beijing’s new ‘dual circulation’ strategy.

China’s GDP to grow by at least 5.5 per cent annually in next five years, former Chongqing mayor Huang Qifan says
Live streaming may be booming in China in a post-pandemic world but 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.

4 Nov 2020 - 11:48AM

While many live streamers enter the market in China with dreams of hitting it rich, only a few make it to the big leagues.

Live streaming may be booming in China in a post-pandemic world but only a few make it to the big leagues
Coronavirus a stress test for China’s economy, Xi Jinping ‘told Communist Party insiders in April’

Party journal says president unveiled plans to boost domestic demand to senior advisers a month before going public with the concept.

31 Oct 2020 - 8:46PM

Party journal says president unveiled plans to boost domestic demand to senior advisers a month before going public with the concept.

Coronavirus a stress test for China’s economy, Xi Jinping ‘told Communist Party insiders in April’
China, Russia seek to curb use of US dollar in Eurasian trade bloc deals to minimise risks

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.

29 Oct 2020 - 6:52AM

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.

China, Russia seek to curb use of US dollar in Eurasian trade bloc deals to minimise risks