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China’s yuan has broken through the psychologically important level of 7 per US dollar for the first time in years, as confidence in US dollar assets weakens. Photo: AFP

China Economy

China sets yuan at strongest rate in years as Greenland furore affects US dollar

China’s central bank set the yuan fixing rate at under 7 per US dollar for the first time since mid-2023 as concerns over dollar assets mount.

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Major foreign carmakers set to stage a comeback in China this year: analysts

Exclusive | China to set GDP growth range, providing policy flexibility in 2026: sources

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China Economy

China’s private sector increases presence among top 100 listed firms

US think tank’s report says non-state sector is bouncing back from three-year slump.

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Bubble tea chain Mixue Bingcheng joined the ranks of China’s top 100 listed companies in the first half of last year. Photo: Reuters
Bubble tea chain Mixue Bingcheng joined the ranks of China’s top 100 listed companies in the first half of last year. Photo: Reuters

China Economy

China’s massive project to funnel clean energy from Tibet enters new phase

The ultra-high-voltage power lines will connect Tibet’s vast hydropower, solar and wind projects with factory hubs in southern China.

Tech Trends

China’s ‘infrastructure first’ effort a major edge in AI arms race: Davos panel

A rapid energy buildout and strategic data centre expansion give China unique advantages in developing its AI industry.

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China Economy

China’s youth jobless rate edges down – but labour market strains persist

Beijing vows to prioritise job market in 2026, the first year of new five-year plan.

China’s youth jobless rate has grown in recent years, with many graduates struggling to find work that matches their qualifications. Photo: Shutterstock
China’s youth jobless rate has grown in recent years, with many graduates struggling to find work that matches their qualifications. Photo: Shutterstock

China Economy

‘No choice’: China seen eyeing consumption as a route out of export reliance

Beijing’s policies seen putting income growth above GDP, with investments in social welfare, future tech and advanced manufacturing to spur internal demand.

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Global Economy

‘Not sustainable’: China central bank adviser flags US debt risk

As concerns mount over America’s ballooning debt, one of Beijing’s economic advisers warns fiscal discipline may not be on cards.

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Global Economy

Chips, soybeans, tariffs: what’s on tap for US-China talks before a Trump visit?

Analysts expect any pre-summit talks to focus on deliverables such as easing semiconductor curbs and boosting agricultural sales, setting the stage for Xi and Trump.

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A discussion about stepping up trade in artificial intelligence chips may be on the cards in potential US-China talks before the next in-person meeting involving presidents Donald Trump and Xi Jinping. Photo: Shutterstock

Global Economy

US losing out to China with ‘onslaught’ on cutting-edge research: Nobel laureate

America risks losing the tech race to China unless it elects a government more supportive of scientific research, Nobel-winning economist says.

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Washington has suspended or cancelled more than 7,800 research grants since US President Donald Trump’s return to office, Nature reported on Tuesday. Photo: AP
Washington has suspended or cancelled more than 7,800 research grants since US President Donald Trump’s return to office, Nature reported on Tuesday. Photo: AP

Tech War

AI shaping world’s biggest infrastructure buildout: Nvidia CEO

Each country should build their own AI system, incorporating its own language and culture into the AI models, Huang says at the WEF in Davos.

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Policy

Shanghai to open ‘free-to-fly’ zones covering 46% of city for consumer drones

From February 1, consumer drones will be allowed to fly in designated airspace under new rules to boost the city’s low-altitude economy.

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China Economy

How China is rethinking export-led growth as global trade walls rise

Protectionism is forcing a shift towards balancing exports with outbound investment, analysts say.

China’s trade surplus reached a record high in 2025, raising the risk of renewed trade frictions with partners and paving the way for a potential recalibration in Beijing. Photo: Shutterstock

Policy

Beijing outlines tech push with focus on AI, 6G, humanoid robots

Tech ministry’s plan targets breakthroughs in AI models, agents and chips, as well as AI’s spread into diverse sectors.

A child interacts with a robot at a store in Shenzhen, in south China’s Guangdong province, on January 16, 2026. Photo: Xinhua
A child interacts with a robot at a store in Shenzhen, in south China’s Guangdong province, on January 16, 2026. Photo: Xinhua

China Economy

China should leverage buying power to boost yuan’s use, former PBOC adviser says

With the yuan’s fixing at fresh 2023 highs and US dollar uncertainty rising under Trump, Beijing is urged to expand yuan-settled imports to internationalise its currency.

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China Economy

China has tools to step up trade curbs on Japan amid tensions: Morgan Stanley

But Beijing is likely to conclude that further action would be counterproductive, according to the investment bank.

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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
Wang Wen

Opinion | China has Trump 2.0 to thank for emerging stronger in tech and trade

Wang Wen
Nicholas Spiro

Macroscope | Why Europe struggles to stand up to Trump

Nicholas Spiro
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James David Spellman

Opinion | How generational wealth transfer will reshape China’s economy

James David Spellman
Andy Xie

Opinion | China’s focus is on stability as the US rocks the global boat

Andy Xie
Albert Bakhtizin

Opinion | Why the US really wants Venezuela’s oil

Albert Bakhtizin
Anthony Rowley

Macroscope | Multilateral institutions’ critique of Trump’s actions is too muted

Anthony Rowley
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MULTIMEDIA
Video

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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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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Video

US-China soybean row leaves farmers caught in the middle

US-China soybean row leaves farmers caught in the middle
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TRENDING TOPICS
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Exclusive | European test pilots put China’s C919 airliner through paces in Shanghai

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US losing out to China with ‘onslaught’ on cutting-edge research: Nobel laureate

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