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China Economy

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Belt and Road Initiative
Asia housing and property
US-China trade war
Employees wind copper rods in July at a workshop that recycles copper in China’s Anhui province. Photo: AFP
China consumption

Forging ahead: China’s copper heartland vows to build US$28 billion empire

Shandong province plans to create a world-class smelting hub by 2027 to secure supply chains for the strategic metal as prices sizzle.

US-China trade war

China-free supply chain? US firm has a rare earth strategy – but can it work?

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China's economic recovery

Beijing digs in for trade ‘struggles’, eyes strategy of growth and resilience

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China GDP

China to keep high fiscal deficit ratio in 2026 to buoy spending plans: analysts

After central economic work conference, observers said ratio is likely to stay at this year’s record 4 per cent in line with ‘targeted’ spending.

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President Xi Jinping speaks at this year’s central economic work conference in Beijing. Photo: Xinhua
President Xi Jinping speaks at this year’s central economic work conference in Beijing. Photo: Xinhua
China-EU relations

‘Discriminatory’: Chinese firms protest as EU steps up anti-subsidy probes

Chinese business group warns of a ‘targeted and excessive’ campaign as Brussels raids one firm and launches fresh probe against another.

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China trade

China’s food-security push to slash soy imports by two-thirds: Goldman Sachs

Beijing is lowering feed content and making related advancements that analysts say could reduce China’s foreign-soybean dependence dramatically within a decade.

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US-China trade war

‘Maximum pressure’: why China is taking Mexico’s tariff move ‘very seriously’

Beijing sees Mexico’s move as driven by a wider US pressure campaign – and could take retaliatory measures, analysts say.

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Mexican President Claudia Sheinbaum proposed tariffs on goods from China and other Asian markets in the name of protecting local industries. Some analysts see the move as a response to US pressure. Photo: TNS
Mexican President Claudia Sheinbaum proposed tariffs on goods from China and other Asian markets in the name of protecting local industries. Some analysts see the move as a response to US pressure. Photo: TNS
US-China trade war

China may buy Nvidia’s H200 – but homegrown chip strategy here to stay: analysts

Despite Trump easing curbs, domestic chipmakers expected to remain central to Beijing’s tech ambitions.

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China's economic recovery

China sets sights on ‘fully tapping’ domestic market potential after policy meet

Following annual central economic work conference, leaders also pledge to stabilise property sector, fight deflation and curb cutthroat competition to counter risks.

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China-EU relations

Beijing urges Dutch government to push for China visit by Nexperia execs

China’s Ministry of Commerce says trip by Dutch chip firm’s management should be made ‘as soon as possible’ amid heated war of words.

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The corporate conflict between Dutch semiconductor company Nexperia and its Chinese owner Wingtech has lasted for several weeks. Photo: Shutterstock
China GDP

China can sustain 5 to 6% GDP growth through 2035: economist

Tech, talent and the Chinese system give Beijing unique advantages over other late-developing economies, top economist says.

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Economist Justin Lin Yifu has written China will be able to maintain a 5 to 6 per cent gross domestic product growth rate through 2035. Photo: AFP
Economist Justin Lin Yifu has written China will be able to maintain a 5 to 6 per cent gross domestic product growth rate through 2035. Photo: AFP
China manufacturing

China’s biotech firms may see ‘major breakthroughs’ within a decade. Here’s why

Strong manufacturing base a driving force behind overseas expansion, but industry leaders and analysts say hurdles remain.

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Banking & finance

China’s sovereign fund reveals it opened London office after Trump win

China Investment Corporation opened its third offshore office in London in December 2024, joining outposts in Hong Kong and New York.

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China's space programme

China launches satellite ‘super factory’ in bid to rival Elon Musk’s Starlink

The facility features a ‘factory-to-launch’ pipeline, expected to make it faster and cheaper to build low Earth orbit constellations.

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China’s first comprehensive factory dedicated to the assembly, testing and reuse of carrier rockets, in south China’s coastal city of Wenchang. Photo: People’s Daily
China GDP

IMF raises China growth forecast to 5% for 2025, citing resilience

The assessment is up from October’s forecast, with the fund citing government stimulus and lower tariffs as drivers.

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IMF Managing Director Kristalina Georgieva speaks at a press conference during the 2025 Spring Meetings of the World Bank Group and IMF in Washington, DC, the United States, on April 24. Photo: Xinhua
IMF Managing Director Kristalina Georgieva speaks at a press conference during the 2025 Spring Meetings of the World Bank Group and IMF in Washington, DC, the United States, on April 24. Photo: Xinhua
China consumption

China’s consumer prices rise at fastest pace in nearly 2 years in November

Consumer price index rises by 0.7 per cent for the month, while factory-gate prices continue long decline.

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China trade

‘Toothpaste without China’? EU firms must stop Beijing, US overreliance: report

European Union Chamber of Commerce in China urges companies to “eliminate single-source dependencies”.

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China GDP

China’s powerhouse province targets doubling GDP by 2035 – but can it deliver?

Southern province in Greater Bay Area has fallen short of national average since 2021, but new proposals pin hope on hi-tech industries.

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An aerial drone photo taken on March 12, 2024, shows Guangzhou in south China’s Guangdong province. Photo: Xinhua
An aerial drone photo taken on March 12, 2024, shows Guangzhou in south China’s Guangdong province. Photo: Xinhua
US-China trade war

US-China tech thaw? Trump clears Nvidia H200 exports – why it matters

It’s a ‘sliding scale’ strategy, analysts say of Trump’s U-turn – preserve American market share while dampening Beijing’s self-reliance push.

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Semiconductors

China’s AI developers to welcome Nvidia’s H200 chip shipments, analysts say

Nvidia faces stronger domestic competition from the likes of Huawei, Cambricon, Moore Threads and MetaX.

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China manufacturing

‘China threat’ narrative a ‘complete mislabelling’, economist Jin Keyu says

At a recent summit, the economist said China has been a ‘benefactor’ by lowering the cost of technology for developing economies.

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Economist Jin Keyu at a 2023 Ted Talk. Photo: Handout
China-Japan relations

‘We’ve been careful’: Japanese firms in China stay calm amid political storm

Japanese businesses in China are under pressure amid a diplomatic row over Taiwan, but they have dealt with political tensions for years.

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A man walks past posters advertising Japanese restaurants at a shopping mall in Shanghai. Tensions between China and Japan remain high amid a dispute over Taiwan. Photo: Reuters
A man walks past posters advertising Japanese restaurants at a shopping mall in Shanghai. Tensions between China and Japan remain high amid a dispute over Taiwan. Photo: Reuters
Consumers

China’s cautious shoppers continue to challenge consumer brands

Makers of fast-moving goods must look to lower-tier cities for growth as deflation persists, Bain & Co and Kantar Worldpanel say.

China manufacturing

Are US, EU and Japan banking on defence spending for an economic boost?

As advanced economies ramp up military expenditures, they have multiple goals - including a reduced reliance on China in defence supply chains.

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China-EU relations

China leans on German carmakers to help break Brussels tariff deadlock

Commerce vice-minister urges German industry leaders to leverage their clout to push the European Commission towards a compromise on the anti-subsidy probe.

Labourers work on an assembly line at a factory in Chongqing, China, in May. Beijing has pressed German carmakers to help resolve disputes over the European Union’s anti-subsidy tariffs on Chinese electric vehicles. Photo: EPA-EFE
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