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

Chinese splurge on cherries, a less expensive luxury item

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

23 Feb 2019 - 10:44PM
Chinese splurge on cherries, a less expensive luxury item

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

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 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.

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
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.

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
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.

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
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.

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
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.

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
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.

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
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.

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
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.

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
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.

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
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.

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
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.

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
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.

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
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.

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
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.

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
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.

Shanghai warns developers against rush to finish projects after three die at construction site
  • City authorities say they will step up safety checks after three workers die at Vanke construction site.
30 Dec 2018 - 10:31PM
Shanghai warns developers against rush to finish projects after three die at construction site
  • City authorities say they will step up safety checks after three workers die at Vanke construction site.
China’s makers stave off trade war job losses – but for how long?
  • The service sector has absorbed many workers laid off during the slowdown and trade conflict, but manufacturing jobs may drop more sharply in 2019 – and smaller firms face continuing struggles.
27 Dec 2018 - 5:00AM
China’s makers stave off trade war job losses – but for how long?
  • The service sector has absorbed many workers laid off during the slowdown and trade conflict, but manufacturing jobs may drop more sharply in 2019 – and smaller firms face continuing struggles.
China decides to rely on ‘larger scale’ tax cuts and home market to weather stormy 2019

Annual Central Economic Work Conference sets policy direction for next year.

21 Dec 2018 - 11:25PM
China decides to rely on ‘larger scale’ tax cuts and home market to weather stormy 2019

Annual Central Economic Work Conference sets policy direction for next year.

Can China’s leaders restore confidence to private businesses?

China is rolling out a nationwide initiative to help private business owners but some question whether it will be able to take the necessary steps.

20 Dec 2018 - 10:34AM
Can China’s leaders restore confidence to private businesses?

China is rolling out a nationwide initiative to help private business owners but some question whether it will be able to take the necessary steps.

Beijing says Guangdong government broke law by publishing PMI economic figures for seven years

National Bureau of Statistics bans publication of provincial purchasing managers’ index.

19 Dec 2018 - 9:27PM
Beijing says Guangdong government broke law by publishing PMI economic figures for seven years

National Bureau of Statistics bans publication of provincial purchasing managers’ index.

Huawei’s Meng Wanzhou and the rich Chinese daughters following in their father’s corporate footsteps

The previously unknown chief financial officer is the daughter of Ren Zhengfei, the founder of the Chinese telecommunications giant. Country Garden cochairwoman Yang Huiyan and New Hope Liuhe chairwoman Liu Chang are among those climbing the corporate ladder in mainland companies.

15 Dec 2018 - 9:34PM
Huawei’s Meng Wanzhou and the rich Chinese daughters following in their father’s corporate footsteps

The previously unknown chief financial officer is the daughter of Ren Zhengfei, the founder of the Chinese telecommunications giant. Country Garden cochairwoman Yang Huiyan and New Hope Liuhe chairwoman Liu Chang are among those climbing the corporate ladder in mainland companies.

Lowest retail sales growth for 15 years dash China’s hopes that consumption will offset trade war
  • Plunge in car sales helps negate record online sales on Singles’ Day
14 Dec 2018 - 5:12PM
Lowest retail sales growth for 15 years dash China’s hopes that consumption will offset trade war
  • Plunge in car sales helps negate record online sales on Singles’ Day
China sets sights on ‘powerful home market’ to drive growth through 2019 trade turmoil

Leadership focuses on domestic agenda to suggest it is not caving in to US demands, analyst say

13 Dec 2018 - 11:17PM
China sets sights on ‘powerful home market’ to drive growth through 2019 trade turmoil

Leadership focuses on domestic agenda to suggest it is not caving in to US demands, analyst say

China’s trade surplus with US hits record level as businesses scramble to beat tariff deadline

November figures show gap reaching US$35.5 billion but some of that may be down to businesses stockpiling goods before threatened increase in tariffs.

8 Dec 2018 - 11:05PM
China’s trade surplus with US hits record level as businesses scramble to beat tariff deadline

November figures show gap reaching US$35.5 billion but some of that may be down to businesses stockpiling goods before threatened increase in tariffs.

China takes steps to support jobs as trade war starts to hit employment

Cabinet unveils measures including unemployment insurance refunds for firms that do not lay off staff and subsidies for all jobless young people aged 16 to 24.

6 Dec 2018 - 1:02PM
China takes steps to support jobs as trade war starts to hit employment

Cabinet unveils measures including unemployment insurance refunds for firms that do not lay off staff and subsidies for all jobless young people aged 16 to 24.

Clock ticks for Chinese provinces struggling to hit their 2018 growth targets

Growth in 19 of 31 provinces below their annual targets after third quarter, leaving provincial officials in race to pump up local economies to meet targets and bolster their promotion chances.

26 Nov 2018 - 10:34PM
Clock ticks for Chinese provinces struggling to hit their 2018 growth targets

Growth in 19 of 31 provinces below their annual targets after third quarter, leaving provincial officials in race to pump up local economies to meet targets and bolster their promotion chances.

Thanksgiving gives China’s turkey farmers a chance to gobble up some profits
  • Western festivals drive a spike in sales for Chinese poultry farmers, despite protests against them on ideological grounds.
22 Nov 2018 - 7:11PM
Thanksgiving gives China’s turkey farmers a chance to gobble up some profits
  • Western festivals drive a spike in sales for Chinese poultry farmers, despite protests against them on ideological grounds.
Chinese university’s plan to screen students’ phones, tablets slammed by state media

Guilin University of Electronic Technology should reflect on its actions and catch up on the meaning of the rule of law, CCTV article says.

18 Nov 2018 - 12:02PM
Chinese university’s plan to screen students’ phones, tablets slammed by state media

Guilin University of Electronic Technology should reflect on its actions and catch up on the meaning of the rule of law, CCTV article says.

What trade war? US state representatives lining up business at China Import Expo
  • American delegations exhibiting to build contacts to tap into the vast Chinese consumer market.
9 Nov 2018 - 11:52PM
What trade war? US state representatives lining up business at China Import Expo
  • American delegations exhibiting to build contacts to tap into the vast Chinese consumer market.
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