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Economy /

China Economy

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Belt and Road Initiative
Asia housing and property
US-China trade war
China banned for-profit academic tutoring in 2021 as part of a wider “double reduction” policy aimed at reducing the pressure on students. Photo: Shutterstock
China jobs

Is China about to end its after-school tutoring ban? A huge fine suggests not

Speculation was growing that Beijing would relax a ban on for-profit tutoring to boost the economy. Then a firm was hit with a US$9.7 million penalty.

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Banking & finance

Gimme shelter: as US assets lose shine under Trump, investors seek new sanctuary

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China consumption

China’s consumer spending push faces major challenge – debt-averse households

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China manufacturing

Over 70% of European firms in China review supply chain strategies: survey

The findings show how European firms must maintain a delicate balancing act between China’s tight security and focus on self-reliance.

A growing number of European businesses are setting up two separate supply chain systems – one for China and the other for the rest of the world. Photo: Shutterstock
A growing number of European businesses are setting up two separate supply chain systems – one for China and the other for the rest of the world. Photo: Shutterstock
China's economic recovery

China tightens rail approvals as Xi warns on waste and ‘operational’ trouble

Intercity lines face stricter break-even rules, as the central government cracks down on ‘back-door’ metro projects and looks to curb redundant infrastructure spending.

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US-China relations

China coming ‘closer’ to US as ‘global power’, European ex-leader says

Former Portuguese prime minister says Beijing is ‘scoring more points’ in a ‘volatile’ world through economic growth, diplomatic victories.

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Gold in Hong Kong

Explainer | Why Hong Kong’s gold ambitions run through Shanghai

As Hong Kong and Shanghai deepen cooperation in the gold market, officials are hailing the agreement as ‘the dawn of a new chapter’.

Gold bricks displayed at Hong Kong Gold Exchange. Photo: Edmond So
Gold bricks displayed at Hong Kong Gold Exchange. Photo: Edmond So
Electric & new energy vehicles

Xpeng targets overseas sales surge in 2026 as China EV battle goes global

Guangzhou-based EV maker targets more than 90,000 overseas deliveries this year amid fierce competition at home.

China's economic recovery

China’s manufacturing powerhouse cuts 2026 GDP growth target after missing mark

Guangdong province, an industrial behemoth hit by property and global headwinds, shifts focus in a strategic pivot amid national reforms.

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Belt and Road Initiative

China close to opening US$10 billion canal linking heartlands to Southeast Asia

The vast waterway in China’s southern Guangxi region is set to open before the end of 2026, according to state media reports.

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The Pinglu Canal, which stretches 134km (83 miles) across China’s southwestern Guangxi region, is expected to boost trade ties between China and Southeast Asia. Photo: Xinhua
China trade

Beyond borders: Beijing equips Chinese firms for global stage amid trade jitters

Ministry of Commerce unveils new resource to help companies navigate the dos and don’ts of complex international markets, and policies will be rolled out appropriately.

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Cranes unload containers from a ship at Huanghua Port in China’s Hebei province on January 15. Photo: Xinhua
Cranes unload containers from a ship at Huanghua Port in China’s Hebei province on January 15. Photo: Xinhua
China technology

‘Epoch-making’: Xi Jinping urges home-grown AI breakthroughs – but flags risks

The Chinese leader says emerging technologies bring huge opportunities, while warning officials against blind investment.

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Mainland China

China needs silver and young spenders, plus policy support, for growth: HSBC

Longest Lunar New Year holiday ever will provide a tailwind, but growth could falter without more supportive measures, analysts say.

Commodities

Gold surge has analysts eyeing new highs after US$5,100 record

Safe-haven demand spikes amid de-dollarisation fears and supply-chain tensions, as gold buyers seek stability against growing macro uncertainties.

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Analysts expect the price of gold to continue climbing this year, building on a safe-haven surge. Photo: AFP
China airliners

Exclusive | Maker of China’s C919 airliner set to ramp up production: sources

With 8 of the 15 planes made last year delivered to customers in November and December, a source said supply chain snags seem to be diminishing.

A China Eastern Airlines C919 begins taxiing to the runway at Hong Kong International Airport in January last year. Photo: Eugene Lee
A China Eastern Airlines C919 begins taxiing to the runway at Hong Kong International Airport in January last year. Photo: Eugene Lee
Artificial intelligence

Open Questions | Jeffrey Ding on why diffusion, not innovation, is the secret to AI success

Professor says a ‘diffusion marathon’, where AI is gradually embedded in an economy over decades, will determine the winner of US-China tech war.

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Electric & new energy vehicles

Chinese carmaker BYD chases 24% export growth with new models, more showrooms

Shenzhen-based company expects to sell 1.3 million cars this year outside mainland China.

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China jobs

‘Invest in people’: China raises minimum wages to boost household spending

Most provinces increased pay for low-paid jobs in 2025, part of nationwide efforts to tackle deflationary pressures.

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Workers sew garments at a textile factory in Qingdao, in eastern China’s Shandong province on December 15, 2025. As provinces raise the minimum wage, low-paid workers will see the most benefit. Photo: AFP
Workers sew garments at a textile factory in Qingdao, in eastern China’s Shandong province on December 15, 2025. As provinces raise the minimum wage, low-paid workers will see the most benefit. Photo: AFP
China's population

‘Loneliness economy’: how China is adapting to a rapid rise in solo living

The viral success of check-in app Are You Dead? has exposed the vast demand for services catering to China’s rapidly growing single population.

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China travel

Foreigners flock to China’s ice and snow sights, with 130% inbound tourism spike

Freezing temperatures will not dampen the spirits of snow seekers, as China cements its reputation as the world’s ultimate winter playground.

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China trade

Vietnam grabs bigger slice of China’s durian market as Thailand loses ground

Vietnam’s exports of the pungent fruit to China rose by US$500 million in 2025 as the country emerges as a serious rival to Thailand.

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People work at a durian processing facility in China’s southwestern Guangxi region. China is by far the world’s largest market for the spiky, pungent fruit. Photo: Xinhua
China exports

Explainer | How are US tariffs and trade barriers redrawing China’s export map?

While exports to the US fell last year, other markets more than made up the difference.

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Containers awaiting shipment at the Longtan Container Terminal in Nanjing, Jiangsu province on January 14. Photo: AFP
Containers awaiting shipment at the Longtan Container Terminal in Nanjing, Jiangsu province on January 14. Photo: AFP
China food security

Rooted in resilience: how China’s seed push has planted agricultural ‘chips’

Domestic varieties claiming bigger market shares for key crops and livestock, curbing reliance on foreign sources for vital food production.

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China manufacturing

Asian CEOs feeling burden of China, US tech restrictions, survey finds

More than 40% of global CEOs ‘most concerned’ about supply chain disruptions.

China energy security

In Davos debut, Musk highlights key China advantage in AI race

China’s energy supply edge was also at the heart of a panel discussion on clean energy in Europe.

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Tesla CEO Elon Musk at the World Economic Forum in Davos, Switzerland, on Thursday. Photo: EPA
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