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Tanker traffic has largely halted on the Strait of Hormuz, a narrow passage connecting the Persian Gulf to the Gulf of Oman along Iran’s southern coast. The disruption is expected to hit global crude supply. Photo: Reuters

Global Economy

Why the US-Israel war with Iran leaves Asian economies exposed

Mainland China imports vast amounts of oil from the Middle East but India, South Korea and others could fare worse, analysts say.

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Why the Iran war will accelerate China’s push to become an ‘energy powerhouse’

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Hong Kong, Shanghai sign pact on digital trade finance, cross-border data link

China Economy

China supply chain expo set to welcome more US firms, launch AI section

Amid trade tensions, China Council for the Promotion of International Trade describes business communities as a ‘bridge’ for exchanges.

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Robots at the Nvidia booth at the third China International Supply Chain Expo in Beijing in July 2025. Photo: Xinhua
Robots at the Nvidia booth at the third China International Supply Chain Expo in Beijing in July 2025. Photo: Xinhua

Global Economy

How China is using a massive ‘electron gap’ to pivot the AI race with US

Ex-finance official Zhu Guangyao says abundant energy supply gives the nation a critical edge in AI, as ‘electricity is computing power’.

China Economy

How China could untangle its private firms’ complex debt burdens

As private businesses grapple with cash flow challenges, entrepreneurs say they want the settling of outstanding debts to be made a priority.

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Global Economy

Open Questions | Top shipbuilding voice Li Yanqing rebukes Washington’s ‘China threat’ narrative

China’s national shipbuilding association official calls US port fees ‘absurd’ and politically motivated, while asserting China’s market lead is solid despite global fluctuations.

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Illustration: Victor Sanjinez
Illustration: Victor Sanjinez

Business

Warm winter no match: China’s sportswear sector posts surprise growth

Policy support, Chinese New Year demand and Winter Olympics exposure lift China’s sportswear makers, with Li Ning and Anta leading gains.

Global Economy

US-Iran strikes: global shipping braces for hit from Strait of Hormuz closure

Various reports indicate that authorities in Tehran have taken control of the vital energy transport route.

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China Economy

China poised to earn vast profits from global energy transition: analysts

Chinese firms are in pole position to benefit from a wave of investment in clean energy infrastructure that could be worth trillions of US dollars.

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Workers check solar panels installed on a lake in China’s central Anhui province. Photo: AFP

China Economy

How China could narrow a tech hub’s income gap – and avoid Silicon Valley’s fate

As tech mecca Zhejiang province sees wealth soar on the back of robotics, gaming and AI, Beijing hopes to avert a wide income disparity.

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An employee works on the production line of the Tashan hip-assisted exoskeleton at a workshop in Hangzhou, capital of Zhejiang province. Photo: China News Service/VCG via Getty Images
An employee works on the production line of the Tashan hip-assisted exoskeleton at a workshop in Hangzhou, capital of Zhejiang province. Photo: China News Service/VCG via Getty Images

China Economy

From gala spectacle to job scare: Chinese workers confront the AI threat

The country’s economy – with an expansive public sector – is better positioned to withstand AI shocks, but more government support is needed.

China Economy

Deals of steel: how China’s price-setting agreements are easing trade tempers

Chinese exporters agree to raise prices to avoid anti‑dumping duties, echoing earlier electric vehicle agreement with European Union.

China Economy

China’s pivot from GDP obsession sparks cadre confusion, tests local governance

Governors and mayors must reconcile Beijing’s people-centric mandates with traditional growth targets, navigating vague appraisal changes and performance concepts.

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A vendor sits at the doorway to her store in Beijing on February 18. China’s leadership is pivoting towards people-centric, consumption-led economic growth. Photo: Getty Images

Global Economy

After Trump’s tariff setback, will US firms rush to stockpile Chinese goods?

Front-loading expected but not at levels seen ahead of last year’s sweeping “Liberation Day” duties, analysts say.

China’s exports soared to record highs in 2025, but those to the US fell 20 per cent for the year, according to customs data.
China’s exports soared to record highs in 2025, but those to the US fell 20 per cent for the year, according to customs data.

China Economy

China’s leaders outline economic focus ahead of ‘two sessions’ – what to expect

Top officials met ahead of Beijing’s annual legislative sessions, when this year’s growth target and five-year plan will be unveiled.

China Economy

‘Stability risk’: US faces rising concern as global debt soars to record high

Global debt accumulation ‘accelerated sharply’ in 2025, driven by surging investment in the US, China and Europe, report finds.

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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 Xiangwei

Opinion | Now is the time for China to show it’s serious about opening up

Wang Xiangwei
Kenny Shui,Pascal Siu,Katie Ho

Opinion | Hong Kong’s fiscal surplus is cause for celebration, not complacency

Kenny Shui
Pascal Siu
Katie Ho
Alex Lo

As I see it | Taipei must break free of its abusive relationship with Washington

Alex Lo
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Zongshuai Fan

Opinion | How ‘little giants’ help China defend its manufacturing dominance

Zongshuai Fan
James David Spellman

Opinion | Despite Supreme Court ruling, Trump has legal cards for tariffs in hand

James David Spellman
Göktuğ Çalışkan

Opinion | China’s zero-tariff offer to Africa is a game changer

Göktuğ Çalışkan
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MULTIMEDIA
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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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Shares in Baby Shark creator soar on IPO debut

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TRENDING TOPICS
China trade
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