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China Future Tech
China’s revised catalogue of encouraged industries has added many sectors, including medical equipment. Photo: CFOTO/Future Publishing via Getty Images

Policy

China broadens foreign investment list in renewed pitch for overseas capital

The catalogue, which lists the sectors carrying policy incentives for overseas investors, has hundreds of new entries, many in advanced manufacturing.

From Shein to Labubu, French shoppers are buying Chinese for Christmas

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Chinese SUV maker Jetour pushes localised offerings to hasten go-global drive

China Economy

China’s offshore yuan breaks major benchmark as appreciation momentum builds

For the first time since 2024, the currency strengthened past the threshold of seven per US dollar – and did it again the next day.

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China’s yuan has appreciated considerably against the US dollar in recent months. Photo: AFP
China’s yuan has appreciated considerably against the US dollar in recent months. Photo: AFP

China Economy

Hard work, long hours fuelled China’s rise. Now, it weighs longer breaks

China, one of the world’s hardest-working countries, is adopting incentives to increase time off – and potentially boost consumer spending.

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Global Economy

China expands digital-yuan push to Singapore and Asean trade routes

PBOC pledges to integrate e-CNY into the New International Land-Sea Trade Corridor, boost adoption in Southeast Asia via China’s CIPS payment network.

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Global Economy

Burglary of JD.com warehouse in France prompts investigation, speculation

The theft, with over 50,000 items stolen by some estimates, casts a shadow over the Chinese e-commerce giant’s first Christmas in France.

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A worker sorts packages for delivery at a JD.com warehouse in Beijing. Photo: AFP
A worker sorts packages for delivery at a JD.com warehouse in Beijing. Photo: AFP

China Economy

China’s Xi urges state giants to be pillars of national development

The president instructs central SOEs to drive industrial upgrading while securing critical technologies and supply chains in the face of geopolitical risks.

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China Business

‘C-beauty’ cosmetics brands find retail expansion outside China a slow slog

‘For established domestic cosmetics companies attempting to expand abroad, progress is still in its early stages,’ CLSA’s Chris Gao says.

Global Economy

‘Bad policy’: China’s drone makers to shrug off US ban, analysts say

The addition of foreign drone makers, including those from China, to a US trade blacklist is unlikely to heat up relations, observers said.

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Dai Shuying operates a plant protection drone under the guidance of her grandson Wang Tiantian in east China’s Anhui province. Photo: Xinhua

China Economy

China vows city-specific fixes to clear housing glut, stabilise property sector

Housing minister pledges to empower local governments to buy unsold inventory and shift towards selling only finished homes with a ‘what you see is what you get’ model.

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Residential buildings are seen under construction in Fuyang, Anhui province, on December 15. Photo: Getty Images
Residential buildings are seen under construction in Fuyang, Anhui province, on December 15. Photo: Getty Images

Global Economy

As Germany’s trade deficit with China nears new high, analysts warn of backlash

The widening gap, fuelled by a localisation push in China and fierce EV competition, is fuelling fears of political upheaval and rising protectionist sentiment in Berlin.

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China Economy

What China’s global yuan push looks like – and what could hold it back

Currency sees wider use in trade, but high domestic savings and partial capital controls still act as constraints, analysis shows.

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Banking & Finance

Billionaire detained in shadow banking scandal in China

Police in Zhejiang have imposed ‘criminal compulsory measures’ against Yu Faxiang and are conducting a probe into his alleged wrongdoings.

A 12-metre-tall sculpture of Ultraman Zero stands at an Ultraman-themed venue inside Shanghai Haichang Ocean Park in Shanghai in July 2022. Photo: Getty Images

Global Economy

Russian LNG shipments to China surge 143% in November, overtaking Australia

Russian LNG accounted for 23.5 per cent of China’s total shipments, cementing Russia as its top energy partner after President Xi pledged deeper ties.

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A liquified natural gas storage tank is seen at a receiving terminal in China’s Jiangsu province. Photo: Reuters
A liquified natural gas storage tank is seen at a receiving terminal in China’s Jiangsu province. Photo: Reuters

Banking & Finance

HKIC ends year on high note but Hong Kong cost of living a drawback for talent

Government-backed fund strengthens VC ecosystem and fosters collaboration, but the city’s high cost of living remains a challenge.

China Business

China Vanke wins bondholders’ reprieve, averts default for now

Holders of the 2 billion yuan note approve extension of grace period to January 28, but deny proposal to defer principal payment for a year.

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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 | Rebound in Hong Kong’s Central office market could be turning point

Nicholas Spiro
Christine Loh

Opinion | Arguing about China’s overcapacity overlooks its drive for clean energy

Christine Loh
Michael Han

Opinion | China’s property market isn’t so much collapsing as being reconfigured

Michael Han
Andrew Sheng

Opinion | Why China is cracking down on ‘involution’

Andrew Sheng
Nicholas Spiro

Macroscope | Fears of an AI bubble in Asian stock markets are misplaced

Nicholas Spiro
Matteo Giovannini

Opinion | Global finance is quietly moving east

Matteo Giovannini
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MULTIMEDIA
Video

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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Video

Why is China’s youth unemployment rate so high?

People read job information at a job fair in Haikou, south China’s Hainan Province, April 18, 2020.
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TRENDING TOPICS
China trade
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