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Rare earths have become one of Beijing’s biggest levers in its trade war with the US, prompting a scramble to diversify supply chains and reduce reliance on China. Photo: Getty Images

Global Economy

China-free supply chain? US firm has a rare earth strategy – but can it work?

Backed by Washington, REalloys seeks to break dependence on China but says achieving fully self-sufficient supply chain will take time.

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Beijing digs in for trade ‘struggles’, eyes strategy of growth and resilience

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China to keep high fiscal deficit ratio in 2026 to buoy spending plans: analysts

China Economy

‘Discriminatory’: Chinese firms protest as EU steps up anti-subsidy probes

Chinese business group warns of a ‘targeted and excessive’ campaign as Brussels raids one firm and launches fresh probe against another.

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A Chinese business group has accused the European Commission of unfairly targeting Chinese companies with anti-subsidy investigations. Photo: AFP
A Chinese business group has accused the European Commission of unfairly targeting Chinese companies with anti-subsidy investigations. Photo: AFP

Global Economy

China’s food-security push to slash soy imports by two-thirds: Goldman Sachs

Beijing is lowering feed content and making related advancements that analysts say could reduce China’s foreign-soybean dependence dramatically within a decade.

China Economy

‘Maximum pressure’: why China is taking Mexico’s tariff move ‘very seriously’

Beijing sees Mexico’s move as driven by a wider US pressure campaign – and could take retaliatory measures, analysts say.

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China Economy

China may buy Nvidia’s H200 – but homegrown chip strategy here to stay: analysts

Despite Trump easing curbs, domestic chipmakers expected to remain central to Beijing’s tech ambitions.

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The chip industry remains a crucial battleground in the US-China tech rivalry, with the high-end market still dominated by American, Japanese and European companies Photo: Shutterstock Images
The chip industry remains a crucial battleground in the US-China tech rivalry, with the high-end market still dominated by American, Japanese and European companies Photo: Shutterstock Images

Policy

China sets sights on ‘fully tapping’ domestic market potential after policy meet

Following annual central economic work conference, leaders also pledge to stabilise property sector, fight deflation and curb cutthroat competition to counter risks.

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Global Economy

Beijing urges Dutch government to push for China visit by Nexperia execs

China’s Ministry of Commerce says trip by Dutch chip firm’s management should be made ‘as soon as possible’ amid heated war of words.

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China Economy

China can sustain 5 to 6% GDP growth through 2035: economist

Tech, talent and the Chinese system give Beijing unique advantages over other late-developing economies, top economist says.

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Economist Justin Lin Yifu has written China will be able to maintain a 5 to 6 per cent gross domestic product growth rate through 2035. Photo: AFP

China Economy

China’s biotech firms may see ‘major breakthroughs’ within a decade. Here’s why

Strong manufacturing base a driving force behind overseas expansion, but industry leaders and analysts say hurdles remain.

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Chinese biotech firms set to crack the global market within a decade, according to industry experts. Photo: Getty Images
Chinese biotech firms set to crack the global market within a decade, according to industry experts. Photo: Getty Images

Banking & Finance

Six major Hong Kong banks keep prime rates unchanged despite HKMA base rate cut

Savings rates near zero limit room for cuts as lenders protect profitability margins, analysts say.

China Economy

China’s sovereign fund reveals it opened London office after Trump win

China Investment Corporation opened its third offshore office in London in December 2024, joining outposts in Hong Kong and New York.

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China Economy

China launches satellite ‘super factory’ in bid to rival Elon Musk’s Starlink

The facility features a ‘factory-to-launch’ pipeline, expected to make it faster and cheaper to build low Earth orbit constellations.

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China’s first comprehensive factory dedicated to the assembly, testing and reuse of carrier rockets, in south China’s coastal city of Wenchang. Photo: People’s Daily

China Economy

IMF raises China growth forecast to 5% for 2025, citing resilience

The assessment is up from October’s forecast, with the fund citing government stimulus and lower tariffs as drivers.

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IMF Managing Director Kristalina Georgieva speaks at a press conference during the 2025 Spring Meetings of the World Bank Group and IMF in Washington, DC, the United States, on April 24. Photo: Xinhua
IMF Managing Director Kristalina Georgieva speaks at a press conference during the 2025 Spring Meetings of the World Bank Group and IMF in Washington, DC, the United States, on April 24. Photo: Xinhua

Economic Indicators

China’s consumer prices rise at fastest pace in nearly 2 years in November

Consumer price index rises by 0.7 per cent for the month, while factory-gate prices continue long decline.

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China Economy

‘Toothpaste without China’? EU firms must stop Beijing, US overreliance: report

European Union Chamber of Commerce in China urges companies to “eliminate single-source dependencies”.

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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
Hiba Malik

Opinion | How China is cementing its central role as the architect of green tech

Hiba Malik
Alex Lo

As I see it | How Nexperia became a casualty of the US-China trade war

Alex Lo
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Winston Mok

Opinion | How China can help Africa build human capital

Winston Mok
Sebastian Contin Trillo-Figueroa

Opinion | In reaching out to China, European states can’t keep acting alone

Sebastian Contin Trillo-Figueroa
Nirbhay Rana

Opinion | Fashion industry must tailor climate plans to Asian suppliers’ reality

Nirbhay Rana
Anthony Rowley

Macroscope | Inflated asset prices show markets don’t always know best

Anthony Rowley
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MULTIMEDIA
Video

Shares in Baby Shark creator soar on IPO debut

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Video

China’s ‘Goddess of Wealth’ jailed for over 11 years by UK court

China cryptoqueen jailed for more than 11 years by UK court over US$6.4 billion bitcoin fraud
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US-China soybean row leaves farmers caught in the middle

US-China soybean row leaves farmers caught in the middle
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Why is China’s youth unemployment rate so high?

People read job information at a job fair in Haikou, south China’s Hainan Province, April 18, 2020.
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TRENDING TOPICS
China trade
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China's economic recovery
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