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Shoppers walk by a reflected art installation at an outdoor luxury shopping mall in Beijing. Photo: AP

China Economy

Beijing ramps up tax crackdown, frames consumption levies as fiscal lifelines

Authorities target retailers, shell companies and off-the-books manoeuvres to lessen tax liabilities.

Chinese EV makers target global expansion at Auto China amid energy shock

‘Paradigm shift’: is China’s deal with mining giant BHP a global yuan milestone?

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China Economy

Why China is spending billions on a robot army to run its power grid

China’s grid operators plan to purchase thousands of robots in 2026 alone, including devices to inspect and maintain vital infrastructure.

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An employee of China Southern Power Grid demonstrates controlling a humanoid robot at the company’s robotics laboratory in Guangzhou. Photo: Reuters
An employee of China Southern Power Grid demonstrates controlling a humanoid robot at the company’s robotics laboratory in Guangzhou. Photo: Reuters

China Economy

‘It’s a tightrope’: why Europe’s wind industry faces a growing China dilemma

A debate is swirling in Europe over what role China should play in its wind power push, as the continent confronts the Middle East energy crisis.

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China Economy

Explaining China’s new carbon emissions reduction plan

SCMP Plus annotates the 18-point plan issued by the Central Committee and State Council for carbon emissions reductions across strategic sectors.

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Global Economy

China places EU defence, aerospace firms on export control list

Seven listed entities are barred from receiving ‘dual-use’ items originating in China, according to a statement from the Ministry of Commerce.

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The flags of China and the European Union. Photo: Reuters
The flags of China and the European Union. Photo: Reuters

Global Economy

Brazil beckoned: China now has stock and bond ‘connect’ schemes in 5 regions

Strategic financial corridors now bridge mainland bourses with global hubs, enabling more seamless investment through specialised fund vehicles and receipts.

China Economy

Beijing’s emphasis on security weighing on US firms’ optimism: AmCham China

White paper recognises improvements and incremental advances, but says data security rules a concern.

China Economy

China targets greener AI data centres, heavy industry to meet 2030 climate goals

New emission rules for strategic sectors come as the Iran war reinforces the need for energy security.

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Chinese authorities are pushing for greener digital infrastructure, including data centre and communication network upgrades. Photo: Shutterstock

China Economy

Nuclear power revival gets boost from Iran war

China is set to open seven nuclear reactors this year, and other countries are reconsidering atomic energy as the Strait of Hormuz shutdown disrupts oil and gas supplies.

Construction work at a nuclear power plant in Jiangsu province. Photo: Xinhua
Construction work at a nuclear power plant in Jiangsu province. Photo: Xinhua

China Business

China’s premium EVs mount tech-powered challenge to BMW, Mercedes-Benz at expo

10-day show in Beijing, the world’s largest, to feature 1,451 models and exhibition area of 380,000 square metres.

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China Economy

More bookings, shorter trips: Chinese adjust to pricier fuel for May holiday

Domestic flight bookings up about 8 per cent and domestic package-tour reservations up about 10 per cent, survey finds.

China Economy

Open Questions | Euro, yuan unlikely to match US dollar, Daniel Gros says

German economist doubts EU and Chinese currencies will be widely used for international trade or that stablecoins will take off outside the ‘shadow economy’.

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Illustration: Lau Ka-kuen

China Economy

Canton Fair defies global trends as overseas buyers flock to buy robots, drones

Foreign buyers queue up to test the latest technological hardware at China’s largest trade show despite softening international demand.

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The 139th edition of the China Import and Export Fair, also known as the Canton Fair, brought together 46 enterprises to showcase technological innovations and application capabilities in China’s service robot sector. Photo: Xinhua
The 139th edition of the China Import and Export Fair, also known as the Canton Fair, brought together 46 enterprises to showcase technological innovations and application capabilities in China’s service robot sector. Photo: Xinhua

China Economy

How a Chinese plastics hub shapes Tesla’s supply chain – and moulds the modern world

From car components to keyboards, this little-known industrial district in eastern China is crafting the small parts the world relies on.

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China Economy

‘Bigger winners’: why China’s battery firms stand to gain from the Iran war

Manufacturers are expected to see stronger overseas orders even as price wars hurt profits at home.

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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
Tang Meng Kit

Opinion | Engine dilemma lies at heart of successful take-off for China’s C919

Tang Meng Kit
Zohaib Altaf

Opinion | Iran war ship seizures show how dual-use claims are being weaponised

Zohaib Altaf
Warwick Powell

Opinion | Iran crisis casts light on energy security from the US to Asia

Warwick Powell
Brian Y. S. Wong

Opinion | The world can look to Hong Kong as a pioneer of ethical AI

Brian Y. S. Wong
Kai-Lung Hui

Opinion | As AI evolves, school syllabuses must evolve with it

Kai-Lung Hui
Francis Neoton Cheung

Opinion | 4 identities Hong Kong must embrace to provide global leadership

Francis Neoton Cheung
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MULTIMEDIA
Video

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
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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
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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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TRENDING TOPICS
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China’s vast nuclear power sector now able to build 50 reactors at a time

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China begins building US$1 billion hydropower station in Cambodia

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The Iran war’s unlikely winner: China’s shipyards

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‘Not compromising quality’: why China’s C919 is falling behind on deliveries

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‘Hormuz moment’ could herald decline of US dominance: analysts