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Commerce Minister Wang Wentao speaks at the 14th National People’s Congress in Beijing on March 6. Photo: AFP
Two Sessions 2026

Beijing vows to expand imports amid ‘China shock’ fears

Beijing promises to source advanced tech, consumer goods and agricultural products from overseas while diversifying markets.

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China's economic recovery

Stagflation risk emerges amid Mideast oil crisis, clouds China’s economic battle

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Banking & finance

How China’s sovereign debt is becoming a real alternative to US Treasuries

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Aviation

Persian Gulf crisis boosts Chinese airlines’ routes to Europe amid turmoil

Chinese carriers gain advantage as Gulf carriers take heavy hit from airspace closures; actress Dilraba Dilmurat among those stranded.

A man stands in front of a closed check-in counter for Gulf carrier Etihad at London Heathrow Airport on Sunday. Photo: AFP
A man stands in front of a closed check-in counter for Gulf carrier Etihad at London Heathrow Airport on Sunday. Photo: AFP
US, Israel war on Iran

Maritime mayhem: shipping firms halt Gulf routes amid regional military strikes

Rising tensions in the Strait of Hormuz see vessels diverted and bookings suspended, as companies impose emergency fees of up to US$4,000 per unit.

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China trade

Not just oil: Iran war disrupts China’s imports of key industrial material

The closure of the Strait of Hormuz is choking off China’s imports of methanol – a vital input for the country’s industrial sector.

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China energy security

As US-Iran war threatens oil supplies, will China speed up its green transition?

Beijing is still dependent on fossil fuels but Washington’s recent interventions may prompt officials to fast-track shift, analysts say.

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Iran announced on Monday announced it had closed the strategic Strait of Hormuz, while Qatar halted liquefied natural gas production and Saudi Arabia shut down its largest oil refinery. The turmoil has hit global energy markets, as oil and gas prices soar. Photo: Reuters
Iran announced on Monday announced it had closed the strategic Strait of Hormuz, while Qatar halted liquefied natural gas production and Saudi Arabia shut down its largest oil refinery. The turmoil has hit global energy markets, as oil and gas prices soar. Photo: Reuters
US-China trade war

Trump’s tariff wars reshaped US-China trade – at what cost to American firms?

US exporters lost tens of billions of US dollars in sales to China in 2025, economist says.

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US, Israel war on Iran

How is the conflict in Iran affecting Europe’s energy supply and prices?

Analysts urge EU to accelerate green energy transition and reduce reliance on fossil fuel imports.

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China trade

‘We couldn’t reach them’: Chinese firms’ Iran business in limbo after strikes

Attacks on Iran by the US and Israel have left China’s exporters doing business there unsure of their future, with contacts unresponsive.

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Smoke rises in central Tehran after an Israeli attack in Iran. Photo: EPA
US-China relations

Exclusive | US, China discuss investment revival ahead of Trump’s trip: sources

Both sides exploring structured joint ventures and licensing deals, with Beijing seeking protection and Washington eyeing better market access amid declining capital flows.

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US President Donald Trump and President Xi Jinping shake hands at an October meeting in South Korea. The two are expected to meet again in four weeks. Photo: Reuters
US President Donald Trump and President Xi Jinping shake hands at an October meeting in South Korea. The two are expected to meet again in four weeks. Photo: Reuters
China-Middle East relations

Why the US-Israel war with Iran leaves Asian economies exposed

Mainland China imports vast amounts of oil from the Middle East but India, South Korea and others could fare worse, analysts say.

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China energy security

Why the Iran war will accelerate China’s push to become an ‘energy powerhouse’

The conflict does not pose an immediate threat to China’s oil supply, but will spur on the country’s energy security drive, analysts say.

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China trade

China supply chain expo set to welcome more US firms, launch AI section

Amid trade tensions, China Council for the Promotion of International Trade describes business communities as a ‘bridge’ for exchanges.

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Robots at the Nvidia booth at the third China International Supply Chain Expo in Beijing in July 2025. Photo: Xinhua
China energy security

How China is using a massive ‘electron gap’ to pivot the AI race with US

Ex-finance official Zhu Guangyao says abundant energy supply gives the nation a critical edge in AI, as ‘electricity is computing power’.

As AI development triggers an explosion in global electricity demand, China’s vast energy buildout is seen as a strategic advantage. Photo: Shutterstock
As AI development triggers an explosion in global electricity demand, China’s vast energy buildout is seen as a strategic advantage. Photo: Shutterstock
China shipbuilding

Open Questions | Top shipbuilding voice Li Yanqing rebukes Washington’s ‘China threat’ narrative

China’s national shipbuilding association official calls US port fees ‘absurd’ and politically motivated, while asserting China’s market lead is solid despite global fluctuations.

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Iran

US-Iran strikes: global shipping braces for hit from Strait of Hormuz closure

Various reports indicate that authorities in Tehran have taken control of the vital energy transport route.

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Belt and Road Initiative

China poised to earn vast profits from global energy transition: analysts

Chinese firms are in pole position to benefit from a wave of investment in clean energy infrastructure that could be worth trillions of US dollars.

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Workers check solar panels installed on a lake in China’s central Anhui province. Photo: AFP
Workers check solar panels installed on a lake in China’s central Anhui province. Photo: AFP
China exports

Deals of steel: how China’s price-setting agreements are easing trade tempers

Chinese exporters agree to raise prices to avoid anti‑dumping duties, echoing earlier electric vehicle agreement with European Union.

US-China trade war

After Trump’s tariff setback, will US firms rush to stockpile Chinese goods?

Front-loading expected but not at levels seen ahead of last year’s sweeping “Liberation Day” duties, analysts say.

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Banking & finance

‘Stability risk’: US faces rising concern as global debt soars to record high

Global debt accumulation ‘accelerated sharply’ in 2025, driven by surging investment in the US, China and Europe, report finds.

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Massive investment in artificial intelligence data centres has contributed to a rapid build-up in global debt levels over the past year, according to a new report. Photo: Shutterstock
China exports

As China’s firms go global, foreign expertise is becoming a hot commodity

Chinese companies are rushing to hire a range of service contractors to help them expand overseas – from compliance experts to TikTok gurus.

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Many content creators are helping Chinese manufacturers expand their reach on overseas social media platforms. Photo: EPA-EFE
Many content creators are helping Chinese manufacturers expand their reach on overseas social media platforms. Photo: EPA-EFE
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?

A hostile Washington is creating openings for a reset – but deep-seated issues remain, analyst says.

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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
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