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Economy /

China Economy

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Belt and Road Initiative
Asia housing and property
US-China trade war
Illustration: Lau Ka-kuen
China GDP

Exclusive | Andrew Tilton on China’s economic trajectory in wake of Iran war

Goldman Sachs’ chief Asia-Pacific economist says worst is over in terms of property slump’s impact on China’s economic growth.

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China consumption

China’s luxury spending seen boosting global sales in 2026 despite headwinds

China property

From ghost to giant: long skyscraper saga nears finish amid China property woes

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Artificial intelligence

Competition or ‘co-opetition’: how is convergence shaping Sino-US AI race?

Speech by CEO of Chinese AI start-up at Nvidia event in US highlights symbiotic nature of tech relationship despite geopolitical tensions.

Illustration by Victor Sanjinez
Illustration by Victor Sanjinez
China-Australia relations

Australia’s 180-degree shift from 5 years ago: China in favour; US out

Aussie comedian exposes the truth about nation’s feelings towards US president, democracy and public safety.

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US-China relations

Washington launches export initiative to ensure ‘future of AI’ is led by US

Chinese competitors targeted as US companies invited to form consortiums to offer full-stack AI solutions around the world.

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US-China trade war

‘Liberation Day’ anniversary, war on Iran, Taiwan’s KMT visits Beijing

This week: One year since Trump’s ‘Liberation Day’, China proposes Iran war peace plan in partnership with Pakistan, Hong Kong retains IPO crown. Next week: Taiwan’s Kuomintang leader visits mainland, Chinese airlines raise fuel surcharges, factory-gate prices may end slump, and more.

US President Donald Trump announces worldwide tariffs on April 2, 2025. Photo: Getty Images/TNS
US President Donald Trump announces worldwide tariffs on April 2, 2025. Photo: Getty Images/TNS
Food and agriculture

China to boost frozen pork reserves as hog prices tumble to multi-year troughs

The national average hog price fell to an eight-year low of 10.68 yuan per kg in the fourth week of March.

China energy security

Chinese airlines shed weight, add flights over Russia to trim fuel costs

Some carriers have even removed non-essential items like in-flight magazines from their planes.

Electric & new energy vehicles

Leapmotor targets global growth with Europe R&D hub, eyes Canada assembly

Chinese EV maker lifts overseas sales target as rising fuel costs and easing tariffs boost demand abroad.

A Leapmotor C10 model car is displayed at a showroom in its headquarters in Hangzhou. Photo: Getty Images
US-China trade war

The US-China trade war 1 year on: who really holds the upper hand?

A fragile truce prevented all-out confrontation, but Beijing and Washington remain locked in a struggle few analysts see easing any time soon.

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Illustration: Victor Sanjinez
Illustration: Victor Sanjinez
Electric & new energy vehicles

China EV makers surge back in March as subsidies and financing spur demand

Carmakers report strong month-on-month gains as policy support and new financing schemes lift buyer sentiment.

China GDP

‘False proposition’: state media hits ‘China shock’ as cover for Western anxiety

The state-run Economic Daily says the real problem with the global economy is not China’s strong exports, but rising protectionism.

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China energy security

Open Questions | Iran war to test China’s self-reliance, Goldman Sachs economist says

Andrew Tilton, Goldman’s chief Asia-Pacific economist, on Iran conflict’s impacts, why exports continue to drive China’s growth and an end to its housing slump.

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Illustration: Lau Ka-kuen
China energy security

Premier Li Qiang pushes AI-powered, next-gen energy system amid global shocks

Beijing is moving to modernise the power grid, putting innovation and flexibility at the heart of its strategy.

Premier Li Qiang learns about the development of a new energy power base in southwest China’s Sichuan province, on Tuesday. Photo: Xinhua
Premier Li Qiang learns about the development of a new energy power base in southwest China’s Sichuan province, on Tuesday. Photo: Xinhua
China energy security

Chinese airline regulator faces dilemma as Iran war sends fuel costs soaring

Pending announcement from regulator, two airlines reveal plans for sixfold increase in surcharges.

China trade

Qiushi reaffirms China’s trade push, calls old export-led growth ‘unsustainable’

Global tensions, weak high-end exports, and record trade surpluses are spurring a strategic shift to boost imports, develop services trade and deepen market integration.

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US-China trade war

US lawmakers call for major crackdown on China’s alleged sanctioned oil imports

Bipartisan panel argues sanctions have concentrated discounted oil in Beijing's hands – charges the Chinese government denies.

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This aerial picture taken on October 1, 2025 off the coast of the western France port of Saint-Nazaire shows the tanker Boracay from one of Russia’s “shadow fleets”. Photo: AFP
This aerial picture taken on October 1, 2025 off the coast of the western France port of Saint-Nazaire shows the tanker Boracay from one of Russia’s “shadow fleets”. Photo: AFP
China energy security

Australia and Japan face jet fuel supply crunch as China cuts exports

Both Australia and Japan are heavily reliant on Chinese jet fuel, but shipments have plunged in recent weeks amid the Iran war.

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China travel

China builds record-breaking underwater tunnels to unite eastern, western hubs

China is building new high-speed rail lines that dive underneath major waterways, providing fast services without disrupting shipping traffic.

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China inflation

China has ‘room’ for imported inflation, but economic risks rising: PBOC adviser

As US-Israel war with Iran sends prices up, a monetary expert says impact on China depends on conflict’s severity, while higher energy costs are worrying.

Drivers line up to refuel at a petrol station in China’s Jiangsu province last week, amid concerns about rising energy prices due to the ongoing Middle East conflict. Photo: EPA
China energy security

3 Chinese ships exit Strait of Hormuz as PetroChina stresses operations stable

PetroChina chairman addresses annual results conference as three Chinese vessels transit Strait of Hormuz and Iran passes law on transit fees.

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Cargo ships in the Persian Gulf, near the Strait of Hormuz, on March 11. Photo: Reuters
Cargo ships in the Persian Gulf, near the Strait of Hormuz, on March 11. Photo: Reuters
US-China trade war

Explaining China’s trade probe announcements

SCMP Plus annotates announcements by China’s Ministry of Commerce of two trade barrier investigations in response to the United States’ Section 301 probes intended to justify reimposing higher tariffs on trading partners.

China shipbuilding

China sails into AI era with ambitious smart shipping targets

Pilot zones and more than 100 smart vessels are part of Beijing’s strategy to bolster maritime operations and address bottlenecks.

China travel

Amid soaring airfares, Chinese bookings up 20% ahead of Ching Ming holiday

Global instability fails to deter Chinese holidaymakers with airlines selling 2.04 million tickets in the lead-up to Ching Ming Festival.

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A China Eastern Airlines flight takes off from an airport in Shanghai. Demand for flights over the upcoming Ching Ming Festival holiday remains robust in China despite soaring airfares. Photo: Xinhua
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