Wendy Wu
Wendy Wu
Editor, Political Economy
Wendy Wu joined the Post in 2015, covering foreign affairs and economy. Her journalism career spans more than a decade. She is now the editor of the Political Economy desk and is based in Beijing.

If several million elderly people above 80 years of age have not been vaccinated, it will pose a potential risk,’ virologist in Hong Kong warns.

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Ambassador Patricia Flor says that major trade partners China and Germany must strive for a “sustainable way of keeping up our bilateral engagement”.

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All eyes are on China’s 20th party congress for signals on the way forward for a private sector hard-hit by the pandemic and regulatory crackdowns.

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People’s Bank of China warns the market not to bet against the yuan, as it gets closer to the psychologically significant point of 7 per US dollar and market watchers speculate.

Rain and temperatures have started to fall in Sichuan province, but concerns remain that the economic and inflation fallout from China’s power crisis could still be ‘felt for months’.

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Authorities in the province, a major hydro power producer, warn it is facing a ‘grave situation’ as a result of scorching heat and a prolonged drought.

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In this issue of Global Impact, we look at the gathering storm clouds of a potential global economic recession after China's announced its lowest economic growth rate in two years. 

Departing European Union ambassador Nicolas Chapuis calls on China to resume dialogue on human rights and speak up over Russia’s invasion of Ukraine.

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An overwhelming majority of European firms will increase research and development spending in China this year, according to a report released on Wednesday.

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British Chamber of Commerce in China calls for ‘predicable and proportionate’ measures to be applied under the zero-Covid policy in the latest call for Beijing to tweak its highly restrictive virus controls.

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Beijing’s vow to prioritise energy security in a time of global market turmoil appears to be casting doubt on decarbonisation efforts and progress in the short term.

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Amid rising risks of inflation, the Biden administration may lift some tariffs on Chinese goods – punishing measures that some analysts say have backfired on the US economy.

Chinese exports in ‘grave situation’, with dwindling cash flow weighing on their bottom line while domestic demand falls amid coronavirus lockdowns.

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Vice-Premier Hu Chunhua said last week that the northeast provinces will ‘play a crucial role’ in China realising this year’s target to increase soybean planting.

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Some 23 per cent of European companies are considering shifting current or planned investments out of China due to Covid-19 controls, a new survey shows, while the Ukraine war is adding to supply chain woes.

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The People’s Bank of China (PBOC) said on Monday that it will cut the amount of foreign exchange deposits banks have to set aside by 1 percentage point to 8 per cent from May 15.

China’s economy grew by 4.8 per cent in the first quarter, but lockdowns in major cities such as Shanghai are taking an increasing toll on the economy.

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In this issue of Global Impact,we look back at the start of the year and ahead to what is to come for China’s economy for the remainder of 2022.

Recent surveys by foreign business groups in China have recorded similar sentiments amid a growing public outcry over the nation’s zero-Covid strategy, and the EU Chamber of Commerce is imploring Beijing directly.

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China’s official consumer price index (CPI) rose by 1.5 per cent in March from a year earlier, up from 0.9 per cent growth in February, while the producer price index (PPI) rose by 8.3 per cent last month.