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Economy /

China Economy

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Belt and Road Initiative
Asia housing and property
US-China trade war
China’s domestically developed Cross-border Interbank Payment System offers clearing and settlement services for cross-border yuan transactions. Illustration: Shutterstock
Banking & finance

China adviser sees bright future for yuan payment system in emerging economies

Former ICBC chairman Chen Siqing says alternatives needed due to risk of financial weaponisation in US dollar-centric world.

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China-EU relations

China-EU trade ties are at a crossroads. Could tech bridge the divide?

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China travel

Why China’s travellers spent little, despite rise in Chinese New Year trips

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China technology

China’s tech surge leaves Japan and South Korea trailing in global rankings

Propelled by strategic R&D, China’s tech prowess is now the third highest, with key sectors such as batteries and biotech showing big gains over rivals.

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A humanoid robot plays piano during a traditional music performance in Beijing on Thursday. China has elevated science and technology to the core of its national development strategy. Photo: AP
A humanoid robot plays piano during a traditional music performance in Beijing on Thursday. China has elevated science and technology to the core of its national development strategy. Photo: AP
China trade

Trump’s USMCA exit threat seen pushing Canada into China’s arms

Analysts expect Ottawa to diversify trade as future of North American trade pact remains uncertain, while a US departure would ‘hit Canada like an earthquake’.

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China manufacturing

A boat in every dock? Chinese billionaire unveils plan for mass yacht production

JD.com founder Richard Liu has launched a nautical brand with a massive investment in yacht production, aiming to make ownership affordable.

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China consumption

IMF urges China to focus on consumption-led rebalancing, curb industrial policy

Global monetary body calls on Beijing to roll out more forceful fiscal stimulus to bolster domestic demand amid record trade surplus.

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Customers check out at a duty-free store during the Spring Festival holiday in Haikou in Hainan province, as the IMF issues an urgent recommendation to China. Photo: Xinhua
Customers check out at a duty-free store during the Spring Festival holiday in Haikou in Hainan province, as the IMF issues an urgent recommendation to China. Photo: Xinhua
Yuan

China’s yuan strengthens to near 3-year high as US dollar uncertainty grows

The offshore currency continues to appreciate, with official fixing also hitting its strongest level since May 2023.

China technology

Shenzhen dethrones Shanghai, Beijing as China’s top industrial powerhouse: mayor

Leading in R&D density, AI innovation and start-up cultivation, Shenzhen is building a full-stack AI ecosystem, according to the mayor’s annual work report.

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China energy security

How China’s 5-year energy plan could change the way it powers its economy

Beijing will prioritise energy security through large-scale projects and greater regional self-reliance, as risks mount at home and overseas.

A worker produces solar modules at a solar energy technology company in Huaian, in China’s eastern Jiangsu province, on December 17, 2025. Photo: AFP
US-China trade war

China braces after Trump imposes new global tariff – how will it respond?

Beijing is on alert but signals readiness to engage ahead of high-level trade talks and Trump’s first visit to China in his second term.

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US President Donald Trump, flanked by Secretary of Commerce Howard Lutnick speaks during a press briefing at the White House, following the Supreme Court’s ruling that Trump had exceeded his authority when he imposed sweeping global tariffs last year. Photo: Reuters
US President Donald Trump, flanked by Secretary of Commerce Howard Lutnick speaks during a press briefing at the White House, following the Supreme Court’s ruling that Trump had exceeded his authority when he imposed sweeping global tariffs last year. Photo: Reuters
Electric & new energy vehicles

China’s Geely bets on longer-range, faster-charging tech over fresh EV price war

‘We promise to compete based on technology, quality, brand, service and corporate ethics,’ Geely Auto CEO says.

China stock market

China’s top court backs legal action against corrupt firms amid equity rally

The court’s initiative marks ‘a positive sign that the market would sustain its upward momentum’, hedge fund manager Zhou Ling says.

China consumption

Ne Zha 2 hangover? China’s Lunar New Year box office plunges to 6-year low

China’s holiday box office fell nearly 40 per cent year on year as studios failed to find a breakout hit to match last year’s Ne Zha 2.

People line up to enter a cinema in north China’s Tianjin. Photo: Xinhua
China travel

Chinese tourism to Japan plunges 50% over Lunar New Year as Thailand cashes in

Thailand was the top destination for China’s outbound travellers over the extended holiday, with tourists avoiding Japan amid rising tensions.

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A lion dance troupe performs for tourists in Bangkok’s Chinatown during the Lunar New Year holiday. Thailand was the most popular destination for China’s outbound travellers during the holiday. Photo: EPA
A lion dance troupe performs for tourists in Bangkok’s Chinatown during the Lunar New Year holiday. Thailand was the most popular destination for China’s outbound travellers during the holiday. Photo: EPA
China trade

US-Indonesia deal threatens China’s ‘entrenched position’ in nickel market: analysts

A new deal gives America unrestricted access to Indonesia’s nickel – and challenges China’s ‘preferential’ position in the market, analysts say.

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China travel

‘Chinese everywhere’: why tourists ditch Tokyo for Seoul as Japan ties sour

Diplomatic row with Japan sent more Chinese travellers packing for Korea, filling its hotels over the nine-day holiday and offering relief to a sluggish domestic economy.

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US-China trade war

What next for China’s export machine after top US court blocks Trump’s tariffs?

The high-stakes meeting between Trump and Xi may determine whether current reprieve gives way to a more durable trade deal, analyst says.

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By invalidating duties imposed under emergency presidential powers, the US Supreme Court ruling removes a powerful tool the White House had used to pressure Beijing, potentially weakening Washington’s bargaining position. Photo: Shutterstock
By invalidating duties imposed under emergency presidential powers, the US Supreme Court ruling removes a powerful tool the White House had used to pressure Beijing, potentially weakening Washington’s bargaining position. Photo: Shutterstock
China consumption

Boom or bust? China’s Lunar New Year spending data is in – here is what we know

Initial figures show record travel, shifting spending patterns and a weak box office.

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Electric & new energy vehicles

Low-cost models dominate China EV sales, surpassing Tesla and BYD

Geely’s and Wuling’s sub-100,000 yuan battery EVs ranked first and second in mainland China last year, each selling over 400,000 units.

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China travel

Chinese shoppers are Asia’s biggest airport spenders, study finds

China’s travellers outspend even their Indian and Saudi peers, splashing twice the regional average on luxury goods, airport retail study says.

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Customers shop at a duty-free store in China’s southern Hainan province. Chinese travellers spend more at airports than any other passengers in Asia, according to a new study. Photo: Getty Images
China airliners

China’s C909 jet gets international uplift with funding for adoptive airline

Chengdu Airlines, an affiliate of C909 manufacturer Comac, has received a capital injection to help widen the jet’s international coverage.

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Lao Airlines, the flag carrier of Laos, has added the Comac C909 regional jet to its fleet. Photo: CCTV
Lao Airlines, the flag carrier of Laos, has added the Comac C909 regional jet to its fleet. Photo: CCTV
Electric & new energy vehicles

China’s EV insurers move towards profitability on higher premiums, AI adoption

Chinese insurers are turning to AI as the technology cuts labour costs and enhances pricing accuracy.

Electric & new energy vehicles

China bets on electric ships in push to decarbonise waterways, expand EV success

Twin strengths, battery technology and shipbuilding, are being fused to electrify maritime transport, moving beyond short-haul passenger vessels to commercial cargo.

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China education

China’s vocational degrees rising as students seek skills over prestige

Job-placement rates for vocational undergraduate colleges now outpace traditional universities, as youth unemployment drives pivot to more reliable employment path.

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Vocational undergraduate colleges in China have expanded rapidly, growing from just 15 during a pilot phase in 2019 to more than 100. Photo: Getty Images
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