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Chinese Premier Li Qiang addresses the China Development Forum. Photo: AP Photo

China Economy

China’s Li pledges economic opening up, touts ‘stability’

Premier Li Qiang said China would further open its economy, including services, as the country addresses concerns about its trade surplus.

China cuts some hi-tech metals sent to Japan – but magnet exports rise. Why?

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China developing first tourist submersible for trips 1,000 metres under the sea

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Big Tech

What is ‘tokenomics’ and how would China gain the edge in an AI era?

As tokens are positioned as the AI era’s commodity, China’s energy scale and low-cost models could give it a structural edge.

Jensen Huang at Nvidia’s annual GTC conference in San Jose, California, on March 17. Photo: AFP
Jensen Huang at Nvidia’s annual GTC conference in San Jose, California, on March 17. Photo: AFP

China Economy

Does China need world-leading forex reserves? Globalising yuan revives debate

As Chinese currency ‘becomes more adopted globally’, report says it can replace many functions of a foreign exchange stockpile.

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China Economy

China’s AI edge built on power grid, open-source models: Alibaba’s Joe Tsai

Investment in power and open-source models, plus industrial depth, highlights China’s vast potential for AI applications, Joe Tsai says.

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Commodities

Gold slides as hawkish Fed and strong US dollar override geopolitical fears

Market watchers point to fading hopes of interest rate cuts and oil-driven inflation concerns as key drivers of the decline.

A modest rebound driven by technical buying on Friday did little to alter the broader downtrend, with gold prices hovering around the US$4,500 level. Photo: DPA
A modest rebound driven by technical buying on Friday did little to alter the broader downtrend, with gold prices hovering around the US$4,500 level. Photo: DPA

China Economy

International capital flowing to China as investors seek certainty amid Iran war

Conflict in the Middle East and growing global turbulence following US-Israeli strikes against Iran has seen foreign investors look to China.

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China Economy

Premier Li Qiang calls for global pledge to open up amid ‘power politics’

Li’s opening address to China Development Forum indirectly rebukes US as he states protectionism is no ‘panacea’ for solving problems.

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China Economy

AI, flying cars drive economic transition in China’s Kunshan

City at heart of Yangtze River Delta region sees new tech dreams emerge as old ones based on mass production of electronics fade.

illustration by Lau Ka-kuen

China

China reports ‘stunning’ critical minerals finds as hi-tech US race heats up

Surveys in Sichuan reveal fresh reserves of rare earth oxides as well as ‘super-large’ deposits of fluorite and baryte.

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Fluorite, also known as fluorspar, is a critical mineral used in the semiconductor and lithium-ion battery industries. Photo: Handout
Fluorite, also known as fluorspar, is a critical mineral used in the semiconductor and lithium-ion battery industries. Photo: Handout

China Economy

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

Dongguan reflects a growing polarisation in the Chinese economy, with many factories and workers left behind as hi-tech firms surge ahead.

China Economy

Middle East oil shock sparks global airfare rises, with 9% increases feared

Surging jet fuel prices are pushing airlines – including several Chinese carriers – to raise fares, with a warning of 9 per cent price rises.

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Economy

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

Nearly 80 executives from foreign firms, with those from the US making up the largest group, will attend the two-day forum.

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Chinese Premier Li Qiang delivers a keynote speech at the opening ceremony of the China Development Forum, in Beijing, on March 23, 2025. Photo: Xinhua

China Economy

China adds 12 banks to digital yuan system, expanding e-CNY’s economic presence

More than doubling the number of institutions using digital yuan in day-to-day operations, China is deepening the currency's role in its financial system.

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A security guard drinks from a bottle near an ad for e-CNY, or digital yuan, in Beijing on August 31, 2022. Photo: AP
A security guard drinks from a bottle near an ad for e-CNY, or digital yuan, in Beijing on August 31, 2022. Photo: AP

China Economy

How China plans to use new law to further its financial superpower ambitions

The draft finance law, released by the Ministry of Justice, central bank and three other regulators, will solicit feedback until April 19.

Global Economy

US loses, Europe gains: what’s happening with China’s rare earth magnet exports?

Latest data shows a persistent drop in US-bound shipments and rising European imports.

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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
Nicholas Spiro

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

Nicholas Spiro
Cui Jianchun

Opinion | As China charts a new course, Hong Kong writes its next chapter

Cui Jianchun
Anthony Rowley

Macroscope | Trump’s war is uniting the world, just not how he might have expected

Anthony Rowley
Lizzi C. Lee,Huiyan Li

Opinion | To unlock consumption, China must go local

Lizzi C. Lee
Huiyan Li
David Dodwell

Outside In | As Iran war escalates, the US ramps up its trade war

David Dodwell
Lijia Zhang

Opinion | China’s high household savings reflect old values and new anxieties

Lijia Zhang
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MULTIMEDIA
Video

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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Papers please: China raises pressure on Panama with ship inspection wave

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China and the US end trade talks in Paris as doubts form over Trump visit

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