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China launched yuan-denominated oil futures contracts in 2018, though US dollar-based contracts continue to dominate. Photo: Shutterstock

Global Economy

How the Iran war could pave the way for the rise of China’s ‘petroyuan’

Disruptions from the war could accelerate a shift in the oil trade, threatening the US dollar’s long-held dominance, analysts say.

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Airbus wins Chinese airline’s 101-plane order in victory over Boeing

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China still on track to supplant US as world’s No 1 economy in 10 years: academic

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Global Economy

China says Mexico’s tariff hikes constitute ‘trade barriers’ after probe

The tariff increases – made in part to appease demands from Washington – have been designated a breach of trade rules by Beijing.

Natural gas-powered buses bound for Mexico are loaded onto a ship at Yantai Port in east China’s Shandong province. Photo: Xinhua
Natural gas-powered buses bound for Mexico are loaded onto a ship at Yantai Port in east China’s Shandong province. Photo: Xinhua

China Economy

Why Chinese companies struggling at home are looking to Europe

Chinese firms operating in Europe have very different view to European firms with investments in China, survey finds.

Global Economy

China-owned vessel secures rare Strait of Hormuz transit as Iran war grinds on

China’s Cosco Shipping Lines has also reopened Middle East bookings, signalling a tentative return while warning instability may still disrupt services.

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China Economy

Buying goods in China? Suppliers forced to scale back as Iran war bites

Some Chinese producers are already feeling ‘intense’ strain as the conflict sends energy, logistics and raw material costs soaring.

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Smoke and flames rise above Tehran after air strikes on an oil depot on March 7. The economic disruptions caused by the US-Israel war on Iran have pushed up costs for Chinese manufacturers, causing some factories to halt production. Photo: TNS
Smoke and flames rise above Tehran after air strikes on an oil depot on March 7. The economic disruptions caused by the US-Israel war on Iran have pushed up costs for Chinese manufacturers, causing some factories to halt production. Photo: TNS

China Economy

How ‘salmon’ raised in landlocked Xinjiang is netting fans in China

Aquaculture in the far-western region is expected to grow even more rapidly after a dependence on imported eggs is diminished or ended.

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China Economy

Open Dialogue | Gary Liu and Liu Xiaochun on the US and China’s divergent paths for stablecoins

As investors await Hong Kong’s first stablecoin licences, two experts discuss the assets’ integration with the city’s economy – and the world’s.

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China Economy

Why DHL is betting on rising Chinese exports – even as war and tariff risks grow

The global logistics giant still sees huge growth potential in the wave of Chinese companies looking to expand overseas.

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A DHL aircraft stands in front of the DHL Air Hub at the Leipzig/Halle Airport in Germany. Photo: dpa

Global Economy

Economic ‘poison’? China has strong words for Japan’s ‘Takaichinomics’ strategy

Communist Party newspaper cautions against tying economic growth to ‘militaristic adventurism’, saying Japan’s citizens would shoulder the costs.

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Japan’s Prime Minister Sanae Takaichi answers questions during a plenary session of the House of Councillors, the upper house of the National Diet of Japan, in Tokyo on Monday. Photo: AFP
Japan’s Prime Minister Sanae Takaichi answers questions during a plenary session of the House of Councillors, the upper house of the National Diet of Japan, in Tokyo on Monday. Photo: AFP

China Economy

China EV makers gain as Iran war drives up fuel costs

Oil supply disruptions and higher fuel prices due to the closure of the Strait of Hormuz have bolstered the outlook for China’s world-leading electric-vehicle makers.

China Economy

Global South to bear the brunt of Strait of Hormuz crisis amid food scarcity

Commerce chief warns of ‘heavy collateral damage’ in developing economies as flow of oil, fertiliser and perishable goods is restricted.

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China Economy

China starts going global in Southeast Asia

Southeast Asia has become the biggest destination for Chinese companies going global, driven by geographical proximity, regional manufacturing skills and free-trade agreements.

China starts going global in Southeast Asia

China Economy

The Iran war could widen China’s EV lead over its global rivals. Here’s why

The ‘eye-watering’ surge in oil prices may push consumers around the world to switch to electric cars, boosting Chinese brands, analysts say.

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Large numbers of cars are lined up ready for export at a port in eastern China’s Jiangsu province. China recently overtook Japan as the world’s largest car exporter. Photo: Xinhua
Large numbers of cars are lined up ready for export at a port in eastern China’s Jiangsu province. China recently overtook Japan as the world’s largest car exporter. Photo: Xinhua

China Economy

Chinese island province wants more than beachgoers as it chases economic growth

After three speculative booms – and busts – the island province is seeking sustainable growth based on new status as a free-trade port.

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China Economy

What does Iran war mean for China’s export machine?

Crisis sparks debate: will it cripple global demand or show that China’s supply-side resilience, proven during pandemic, remains in place?

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Global Economy

Why America’s brute-force effort on rare earths may not work against China

China spent decades carving out a commanding lead in the rare earth realm. Now the US wants its old piece of the supply chain back – is it still within reach?

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Illustration: Henry Wong
Illustration: Henry Wong

Global Economy

Chinese ‘vertical dramas’ are booming in America. Should Hollywood be worried?

Chinese platforms hosting bite-size soap operas about werewolves and mafia dons are drawing big audiences – and shaking up the streaming market.

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China Economy

As megacities slow, China’s smaller counties lead as new consumer hotspots

Survey last year found that nearly 80 per cent of consumers in China’s third- and fourth-tier cities were optimistic about the economy.

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China Economy

China rises up ‘elite quality’ league table as AI investment booms

China ranked 19th in the latest Elite Quality Index, which assesses whether national elites create sustainable value for their countries.

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Visitors watch humanoid robots fight at the Unitree Robotics booth during the World Robot Conference in Beijing. China has invested heavily in artificial intelligence, robotics and other emerging sectors in recent years. Photo: Reuters
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OPINION
Dong Ting

Opinion | Why Bangladesh could be last hurrah for Asia’s development model

Dong Ting
Wang Huiyao

Opinion | Pacific trade vitality shows multilateralism is alive and well

Wang Huiyao
James David Spellman

Opinion | Why a global private-credit meltdown would hit China hard

James David Spellman
Winston Mok

The View | Trump’s energy war over Iran is failing just like his China trade war

Winston Mok
Emma Zang

Opinion | Why China’s AI automation push is a risky social experiment

Emma Zang
Nicholas Spiro

The View | War-induced interest rate shocks unlikely to upset Asia’s property markets

Nicholas Spiro
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MULTIMEDIA
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Iran war sparks fuel crises in parts of Asia

Clients queue at a gas station amid rising petrol prices in Karachi on March 7, 2026. (Photo by Rizwan TABASSUM / AFP)
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German leader greeted by robot dance troupe in China

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Chinese tourists have a new favourite country this Lunar New Year

South Korea now tops the list of Lunar New Year destinations for Chinese travellers amid heightened tensions between China and the former top destination, Japan.
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With Maduro out, are Chinese investments in Venezuela at risk?

US move calls into question China’s future financial commitments in Latin American country, potentially hurting Beijing’s regional strategy.
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TRENDING TOPICS
China trade
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China's economic recovery
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How China opened the door to creating a direct rival to US payment systems

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Red Sea fix? China-bound oil tankers tap Saudi plan to dodge Strait of Hormuz

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China’s exports are booming – so why are plants in this factory hub closing?

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Exclusive | Japanese executives absent from China’s key annual summit amid tensions: sources

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The Iran war could widen China’s EV lead over its global rivals. Here’s why

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