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The European Commission announced the funding ban on Monday, prompting Beijing to warn it could take retaliatory measures. Photo: Shutterstock

Global Economy

Beijing vows action after EU cuts funding for projects using Chinese inverters

The commerce ministry warns the move will backfire on the EU, hitting its energy security and green transition.

2 hours ago

China, US drive global debt to record $353 trillion – what’s behind the surge?

2 hours ago

Fuel shocks, thin margins: why China’s airlines should ‘heed Spirit’s mistakes’

4 hours ago

China Economy

China sets yuan at strongest level in 3 years as US dollar jitters simmer

Beijing is pushing for a stronger yuan to help globalise the currency, but the upswing could create issues for the country’s export giants.

5 hours ago

The Chinese yuan has steadily strengthened against the US dollar in recent months. Photo: Shutterstock

China Economy

China’s energy security plan expands south: how Hainan is becoming an LNG hub

Global supply shocks have intensified in recent months – reaffirming Beijing’s years-long strategy.

7 May 2026 - 9:30AM

China Business

China’s EV battery giants thrive while carmakers’ profits shrink amid price wars

Carmakers’ profit margin stood at 3.2 per cent in the first quarter, versus 6 per cent for downstream industrial firms, according to CPCA.

7 May 2026 - 11:31AMvideocam

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China Economy

Expat pilots hoping to fly in China warned their credentials no longer coveted

China’s aviation market still attracts foreign pilots but they face high competition, rigid standards as overseas experience loses its shine.

6 May 2026 - 9:00PMvideocam

Two commercial airline pilots walk through the departure hall of Shenzhen Bao’an International Airport, as foreign pilots seeking to launch a career in China are warned of stiff competition and rigid standards. Photo: Getty

China Economy

China’s record travel volume meets cautious spending in May Day holiday surge

Thousands of domestic train services added on last day of ‘golden week’ to meet record demand, and high energy costs affect consumer spending.

6 hours agovideocam

China Economy

Europe readies trade war weapon amid China export deluge

The EU is devising a new tool to help fight a trade war with China even as it contends with increasing hostility from US President Donald Trump.

6 May 2026 - 5:02PM

China Economy

EU plan to rip out Chinese hardware will cost massive US$430 billion: report

Brussels’ proposed new Cybersecurity Act would require vast amounts of Chinese equipment to be ripped out and replaced in a slew of industries.

6 May 2026 - 5:04PMvideocam

A view of Huawei Technologies’ France headquarters near Paris. The company could face new restrictions due to a European Union plan to bar “high-risk” suppliers from critical infrastructure. Photo: Reuters

China Economy

China’s Labour Day box office disappoints despite strong line-up – what happened?

Cold War 1994 and The Devil Wears Prada 2 were tipped to shine in a crowded release window – but many consumers chose to stay away.

6 May 2026 - 9:30AM

A moviegoer walks by a poster of The Devil Wears Prada 2 at a cinema on Monday in Shanghai. Photo: VCG via Getty Images

China Economy

How this Chinese city is netting profits amid 2026 World Cup fever

Yiwu, the world’s capital of small goods, tackles global market for football-related merchandise as buzz builds ahead of major tournament.

5 May 2026 - 9:00PMvideocam

China Economy

‘It’s a new crowd’: how Shanghai’s expat population is recovering – and changing

Four years ago, Shanghai’s draconian lockdown sparked an exodus of foreigners. Now, there are signs the city’s expat community is slowly bouncing back.

5 May 2026 - 6:00PMvideocam

China Economy

Brussels bans Chinese inverters from EU-funded power projects

EU official says Brussels has identified cybersecurity and dependency risks in Chinese inverters.

5 May 2026 - 5:26PMvideocam

Staff members assemble inverters at an industrial park in Wuzhong, Ningxia Hui autonomous region, in February last year. Photo: Xinhua

China Economy

China’s economy in 2026

First-quarter GDP grew 5 per cent as strong manufacturing and exports masked weak domestic spending and a March slowdown.

5 May 2026 - 11:47AM

China’s economy in 2026

China Economy

China’s fight for Darwin Port could help fragile Sino-Australian relations

Landbridge Group’s legal claim over the port could take several years to resolve, analysts said, providing more time for dialogue.

5 May 2026 - 9:00AMvideocam

China Economy

How the Middle East crisis is expanding China’s agrochemical influence

China accounts for about a third of global fertiliser production, and 70 per cent of the raw materials for chemical pesticides.

5 May 2026 - 8:29AM

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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?

6 Aug 2025 - 10:14AMvideocam

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.

17 Aug 2025 - 7:51AM

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.

15 Aug 2025 - 8:41AMvideocam

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.

15 Aug 2025 - 9:00PMvideocam

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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World’s top condom maker to raise prices over Iran war

ONE condoms by Karex on display in Petaling Jaya, Malaysia April 21, 2026. REUTERS/Hasnoor Hussain

The Iran war is going to hurt your skincare routine

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Small hobby businesses hit by rising costs from Iran war

Thai figurine studio founder calls for an urgent lifeline to help small businesses stay afloat

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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