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Security guards patrol a lithium project in Zimbabwe. China’s engagement in metals and mining projects surged last year, according to a report by the Griffith Asia Institute. Photo: EPA-EFE
Belt and Road Initiative

US trade war? China had bigger plans in 2025 as ‘belt and road’ deals surged

China’s global infrastructure strategy logged a record US$213 billion of new deals in 2025, as metals projects in Central Asia soared, report finds.

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China GDP

IMF raises China’s 2026 growth forecast to 4.5%, citing US ‘truce’ and stimulus

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World Economic Forum (WEF, aka Davos)

China’s Davos sales pitch: stability, reliability and not being Trump

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China’s private sector

China’s drug and medical device sector fuels growth with record licensing deals

China’s pharmaceutical industry surges on ageing demand and global expansion, with revenue forecast to top US$2.1 trillion by 2030.

Innovative drugs are expected to outpace other segments with an annualised growth of 20 per cent between 2026 and 2030, according to UBS. Photo: Shutterstock
Innovative drugs are expected to outpace other segments with an annualised growth of 20 per cent between 2026 and 2030, according to UBS. Photo: Shutterstock
Electric & new energy vehicles

Chinese electric vehicle makers eye Western markets as trade barriers fall

Canada will drop the 100 per cent punitive tariffs on Chinese-made pure electric cars while setting an annual import quota of 49,000 units.

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China exports

Can China’s cosmetics brands rival K-beauty and refashion global markets?

Once the top export market for South Korean cosmetics, Chinese firms lead at home and have made headway overseas – but gaps remain.

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Banking & finance

In wake of Trump post, calls mount for China to impose rate cap on online loans

Beijing tightened oversight of China’s online lending market last year, but many are still borrowing, especially those of younger generations.

The number of credit cards in China has dropped by about 100 million since September 2022. Photo: SCMP
The number of credit cards in China has dropped by about 100 million since September 2022. Photo: SCMP
Banking & finance

Scam, corruption cases spark Chinese debate about future of virtual money

The Chen Zhi arrest might push bitcoin prices down temporarily, but analysts said other factors will have greater sway in the long term.

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US-China trade war

AI is reshaping US-China tech race – can electricity tilt the balance?

Already home to world’s largest power system, Beijing moves to lock in advantage through record investment.

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US-China relations

China dumps more US debt, buys other assets as Trump targets Powell

Beijing’s Treasury holdings hit a September 2008 low, and analysts point to fears over Fed independence and debt sustainability, while gold’s appeal rises.

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China trimmed its holdings of US Treasuries in November to the lowest level since 2008. Image: Shutterstock
Taiwan economy

TSMC buys up land in Arizona as Taiwan pledges US$500 billion US tech investment

Chip giant TSMC plans to build a ‘gigafab cluster’ in the US, with Taiwan committing to US$500 billion investment under a new trade deal.

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Morris Chang, founder of Taiwan Semiconductor Manufacturing Company (TSMC), gives a speech at the company’s production site in Phoenix, Arizona, in 2022. The firm has now bought a second tract of land adjoining the site. Photo: AP
Morris Chang, founder of Taiwan Semiconductor Manufacturing Company (TSMC), gives a speech at the company’s production site in Phoenix, Arizona, in 2022. The firm has now bought a second tract of land adjoining the site. Photo: AP
China trade

Canada, China hit reset button on relations with tariff agreement

Canadian Prime Minister Mark Carney announced the deal, which features a mutual reduction in tariffs on goods, including Chinese EVs.

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US-China trade war

China’s slowing growth, bilateral tensions top US business concerns

Survey by American Chamber of Commerce in China finds that expectations for Sino-US ties have ‘improved significantly’.

US-China trade war

A Chinese tech hub eyes 3- to 7-nanometre chip breakthroughs to beat US curbs

Province’s five-year plan backs national push for tech independence – but can it succeed?

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China is world’s largest chip manufacturer, demonstrating the country’s superiority in global supply chain. Photo: Shutterstock
China-EU relations

Secret plans, angry emails: Nexperia hearing exposes tussle over China control

The court hearing could be decisive in the tug-of-war over control of the Dutch chipmaker, which sparked supply chain worries and China tensions.

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A view of a Nexperia factory in China’s southern Guangdong province. The Dutch chipmaker has been locked in a legal battle with its Chinese parent company Wingtech Technology over control of the firm. Photo: Reuters
A view of a Nexperia factory in China’s southern Guangdong province. The Dutch chipmaker has been locked in a legal battle with its Chinese parent company Wingtech Technology over control of the firm. Photo: Reuters
China airliners

Exclusive | European test pilots put China’s C919 airliner through paces in Shanghai

European Union Aviation Safety Agency test flights a crucial step in acquiring certification needed for global operation.

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Electric & new energy vehicles

China-EU tariff consensus on EVs will cut shipments but boost profits

Agreement on price floors will allow mainland carmakers to avoid price wars and nurture brand reputation, analysts say.

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US-China trade war

Why China may buy Nvidia’s AI chips as US eases curbs – and replace them later

As the US reverses Biden-era restrictions, Beijing likely to take advantage – without compromising own industry, analysts say.

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China’s domestic chip industry has made rapid advances in recent years, but it still lags the US in cutting-edge models. Photo: Shutterstock
China’s domestic chip industry has made rapid advances in recent years, but it still lags the US in cutting-edge models. Photo: Shutterstock
China travel

‘Structurally hurt’: why are Chinese tourists spending less abroad than before?

China’s outbound travel sector has bounced back from the pandemic, but the era of duty-free shopping sprees appears to be over.

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China energy security

Can China’s cheap, renewable energy help it outrun the US in the AI race?

China’s energy buildout means cheap, green and reliable electricity fuels its manufacturing and tech industries, giving it an edge over rivals.

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US-China trade war

Trade reset? China, Canada look to revive ties after US tariffs force rethink

Crude, copper and iron top Canada’s exports to China, as prime minister seeks to mend relationship with Beijing.

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Canadian Prime Minister Mark Carne shakes hands with President Xi Jinping at the start of a meeting in Gyeongju, South Korea, on October 31, 2025. Photo: AP
US-Venezuela conflict

‘Expansion to defence’: China firms strategise in Latin America after Venezuela

After the abduction of former Venezuelan president Nicolas Maduro, many Chinese entrepreneurs in the region say they are staying put – for now.

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Illustration: Lau Ka-kuen
Illustration: Lau Ka-kuen
China trade

Japan firms seen ‘stockpiling’ rare earths as Tokyo looks to G7 amid China row

Amid fears of potential mineral export curbs by Beijing, Japanese industry is bracing, and Tokyo appears keen on a united international response.

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China-EU relations

‘Soft landing’: China, EU see progress in EV dispute with price floor option

Breakthrough follows duties levied by Brussels in October 2024 as part of investigation into industry subsidies.

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China deflation

China’s solar firms, once deemed too competitive, now face monopoly accusations

Major producers are suspected of using Beijing’s anti-involution campaign as an excuse to rig prices.

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Workers carry solar panels at a solar farm under construction in China’s northwestern Ningxia region. Photo: Reuters
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