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US sovereign debt has soared in recent years, with analysts warning that the Iran war could fuel even greater borrowing. Photo: AP

Global Economy

US federal debt becoming ‘alarmingly unsustainable’ as Iran war fuels spending

Washington’s rapid accumulation of sovereign debt sparks outcry, with some analysts questioning if Trump has the political will to cut the deficit.

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Survey shows China’s professionals have high expectations – for low pay

China’s central bank pledges stability in capital markets amid global sell-off

Global Economy

As war in Iran roils energy markets, Europe pays price of ‘dependency’

Governments are racing to respond, as oil and gas prices raise fears of a further spike in living costs.

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A man refuels his car in a petrol station in Villeneuve d’Ascq, north France, on March 11. Photo: Xinhua
A man refuels his car in a petrol station in Villeneuve d’Ascq, north France, on March 11. Photo: Xinhua

Global Economy

If the Iran war takes oil above US$120 a barrel, how bad could the shock get?

With major energy assets now coming under attack and the Strait of Hormuz still closed, analysts fear a longer supply shock.

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China Economy

Shanghai certifies 30 overseas offices amid China’s investment sales pitch

The city welcomed a batch of new regional headquarters and R&D centres this week, as China continues its campaign to win back overseas capital.

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China Business

Exclusive | Singapore-headquartered GLP eyes 50% rent surge as China demand fuels growth

Firm will ride Beijing’s push for domestic demand by expanding logistics, data centres and renewable energy capacity, GLP China CEO says.

A solar farm built by GLP on a fishery site in Suzhou, eastern Jiangsu province. Photo: Handout
A solar farm built by GLP on a fishery site in Suzhou, eastern Jiangsu province. Photo: Handout

China Economy

China’s youth unemployment falls for sixth consecutive month in February

But young job-hunters say they are still struggling to find work in a testing post-holiday labour market amid rising global economic uncertainty.

China Economy

China taps reserves as Iran war disrupts 30% of global fertiliser trade

War in the Middle East is causing global disruption – from oil to agriculture – as countries, including China, enter spring planting season.

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China Economy

How China opened the door to creating a direct rival to US payment systems

Beijing has removed several key restrictions on its payment system, allowing it to expand beyond yuan settlements, economist says.

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China has been promoting its own cross-border payment system as it seeks to hedge against potential weaponisation of the US financial system. Photo: AFP

Global Economy

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

But analysts warn the strategy can only partially offset disruptions and that security risks remain high.

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This handout satellite image taken by 2026 Planet Labs PBC shows the oil infrastructure at Saudi Arabia’s western Red Sea port of Yanbu on March 4, 2026. Photo: AFP
This handout satellite image taken by 2026 Planet Labs PBC shows the oil infrastructure at Saudi Arabia’s western Red Sea port of Yanbu on March 4, 2026. Photo: AFP

China Economy

China to help Cuba with solar energy amid US oil blockade and total power outage

Beijing will ‘intensify its support’ to Havana after around 10.9 million people were left without power amid an ongoing energy crisis.

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China Economy

Global EV uptake expected to accelerate as Iran war causes petrol price hikes

With more than half of Chinese new car sales being electric in 2025, the nation could save US$28 billion a year in avoided oil import costs.

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China Economy

China’s multibillion-dollar minerals investment lifts foreign economies: report

Country has invested more than US$120 billion in overseas mining and mineral processing projects since 2023, study says.

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The Prospect Lithium Zimbabwe plant in Goromonzi, Zimbabwe, is run by China’s Zhejiang Huayou Cobalt. Photo: EPA-EFE

Tech Trends

Tencent makes OpenClaw-based tool available as WeChat mini-program

Company says users will be able to use mini-program to send commands from smartphones to PCs via audio messages and images.

Tencent has made QClaw a WeChat mini- program as it promotes its OpenClaw AI agent. Photo: Handout
Tencent has made QClaw a WeChat mini- program as it promotes its OpenClaw AI agent. Photo: Handout

Global Economy

China fine-tunes C909 jet operations in Laos – a blueprint for Southeast Asia?

Lessons from Laos could help Comac boost overseas sales of C909 and C919 – but analyst says buyers will be closely watching for safety.

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China Economy

China, Russia look to boost transport links amid Middle East disruption

Increased use of Arctic shipping route among topics covered at inaugural China-Russia Logistics Business Forum.

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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
Lijia Zhang

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

Lijia Zhang
Nicholas Spiro

Macroscope | China is weathering the Iran war oil shock better than others in Asia

Nicholas Spiro
Jeffrey Wu

Opinion | China is re-engineering its economy for a more complex world

Jeffrey Wu
Nicholas Spiro

The View | Why Iran war disruption isn’t enough to unsettle Asia’s hotels

Nicholas Spiro
Anthony Rowley

Macroscope | Trump hasn’t counted on financial blowback from his war with Iran

Anthony Rowley
Nicole Chan

Opinion | When homes are small and costly, dreams of having a family shrink

Nicole Chan
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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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Will China’s yuan lift Strait of Hormuz blockade? Analysts urge caution

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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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Unlimited petrol? Chinese firm claims it can produce fuel from air and water

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How China opened the door to creating a direct rival to US payment systems