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The mayor of Szeged,, Laszlo Botka, visits the BYD factory being built in the Hungarian city on April 21. Photo: Xinhua

Economy

Chinese companies in Hungary scramble to adjust to post-Orban era

BYD tells builders of Hungarian factory to abide by labour laws as new government adopts stricter approach to foreign investment.

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China’s firms in Europe chose to save on legal services. Will it cost them?

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China’s old ‘Motown’, Shanghai bets on robotaxis, better batteries to bump GDP

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China Economy

China joins global sell-off of US Treasuries in March as Iran war prompts panic

Seven of the top 10 foreign holders cut their exposure to US government debt, led by Japan, which offloaded US$47.7 billion.

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Mainland Chinese investors are among seven of the top 10 foreign holders to cut their exposure to US government debt, triggered by uncertainty around the war in Iran. Photo: AFP
Mainland Chinese investors are among seven of the top 10 foreign holders to cut their exposure to US government debt, triggered by uncertainty around the war in Iran. Photo: AFP

Global Economy

China and Russia hold trade expo as Putin and Trump visits draw global attention

Expo in Harbin highlights expanding economic ties amid rising geopolitical and trade uncertainties.

China Economy

As China’s yuan hits multi-year highs, Beijing puts the focus on stability

China’s top foreign exchange regulator said in an article that authorities would seek to keep the yuan ‘basically stable’.

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China Economy

Australia to force investors with China ties to divest from rare earths company

The company will force divestment from two individuals and four companies due to Chinese affiliation.

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Northern Minerals is developing a heavy rare earths project in Western Australia, at a time when the sector has become increasingly strategic for its uses in green energy and defence. Photo: Handout
Northern Minerals is developing a heavy rare earths project in Western Australia, at a time when the sector has become increasingly strategic for its uses in green energy and defence. Photo: Handout

Economic Indicators

China’s unexpected retail slowdown shows Hormuz strains

Retail sales growth slumped in April, industrial output cooled and fixed-asset investments tumbled as high oil prices hit China’s economy.

Business

Rising used home prices in China’s major cities during April fan stability hopes

With first-tier cities seeing price upticks, analysts are optimistic that the struggling property sector is showing signs of bottoming out.

China Economy

China’s economy ‘weaker than expected’ in April as Iran war headwinds bite

China’s retail sales growth fell to just 0.2 per cent in April, while industrial output and fixed-asset investment softened more than forecast.

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Workers at a Sany new energy heavy truck factory in Changsha, Hunan province, on May 12. A new truck rolls off the production line every six minutes. Photo: Xinhua

Banking & Finance

Resilient economy lifts Chinese banks, but property debt drags, experts say

Steady growth and stabilising China-US ties support banks, with PBOC expected to keep rates steady, according to economists.

There is a high probability China will meet its annual growth target of 4.5 to 5 per cent, according to an economist. Photo: EPA
There is a high probability China will meet its annual growth target of 4.5 to 5 per cent, according to an economist. Photo: EPA

China Economy

Locked out of Russia, could Japan’s airlines face new risk in Chinese skies?

Pilots say such a move would mark a major escalation of retribution for Japanese PM’s remarks on Taiwan.

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Diplomacy

China to purchase at least US$17 billion of US agricultural goods, White House says

The agreement was struck at the recent summit between US President Donald Trump and Chinese President Xi Jinping, according to US fact sheet.

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China Economy

‘Explosive’: why China’s gold recycling industry is growing at record speed

More than half of the country’s gold recycling firms are less than three years old.

A woman shows a gold bar before selling in a smart gold store machine placed in a shopping mall in Shanghai on January 29. Photo: AFP

China Economy

China’s up-and-coming cities plan second airports as competition soars

Emerging economic centres are looking to broaden their aviation networks as local governments seek greater international, regional connectivity.

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Passengers at Beijing Daxing International Airport in 2023. The second major airport in China’s capital city opened in 2019. Photo: AFP
Passengers at Beijing Daxing International Airport in 2023. The second major airport in China’s capital city opened in 2019. Photo: AFP

Global Economy

China, US agree to establish trade, investment councils after Xi-Trump summit

The world’s two biggest economies also agree to roll back tariffs, deepen investment and establish a new board to manage disputes.

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Global Economy

Bought the farm? Details still fuzzy on scope of US-China agriculture deal

China granted five-year export licenses to 77 US beef facilities, while renewing expired licenses of 425 other plants for another five years.

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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 | Japan no longer Asia’s only rental housing market attracting investors

Nicholas Spiro
Anthony Rowley

Macroscope | Global stock markets are bubbling along on unjustified optimism

Anthony Rowley
Nicholas Spiro

Macroscope | Trump-Xi summit puts US vulnerabilities on display

Nicholas Spiro
Jeffrey D. Sachs

Opinion | Why the world needs China to save more, not less

Jeffrey D. Sachs
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Alex Lo

As I see it | US’ scientific self-harm will only help China

Alex Lo
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Tony Zhao

Opinion | Can China engineer a price recovery that doesn’t make people feel poorer?

Tony Zhao
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MULTIMEDIA
Video

How China’s malls are trying to stay relevant

Wire
02:34
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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TRENDING TOPICS
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