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Shipping vessels sit anchored in Muscat, Oman. The country, which shares control of the Strait of Hormuz with Iran, has no plans to impose fees on ships passing through the strait. Photo: Reuters

Global Economy

Yuan tokens and oil-linked fees? China experts propose ‘innovative’ Hormuz tolls

Analysts also warn that Trump’s ‘joint venture’ plan with Iran could formalise a grey zone, while Beijing balances its roles as mediator and energy importer.

16 minutes agovideocam

Conflict catalyst: China’s yuan settlements hit record amid Middle East tensions

2 hours ago

Open Questions | China always a connector, unlike Europe’s colonisers, author says

6 hours agovideocam

Global Economy

As Iran war jolts global oil, can China’s energy storage tech blunt the impact?

Strong overseas demand, fuelled by the rise of AI-powered systems, could continue amid Iran war pressures, analysts say.

28 minutes agovideocam

An aerial drone photo taken on July 30, 2025 shows a shared energy storage station at an industrial park in Minning, a town in Yongning county in Yinchuan, capital of northwest China’s Ningxia Hui autonomous region. Photo: Xinhua

China Economy

China strengthens oversight of state-owned assets overseas amid global tensions

A new department will guide state-owned enterprises expanding overseas, as China’s firms look outwards for growth opportunities.

9 Apr 2026 - 4:00PMvideocam

China Economy

More Chinese banks claw back bonuses, cut salaries despite mixed profit recovery

Some lenders are also deferring bonuses and cutting headcount as they tighten their purse strings.

9 Apr 2026 - 3:00PM

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China Business

Yiwu market owner eyes Hong Kong IPO to support overseas expansion

Hong Kong listing plan comes after the company reported net profit of 4.2 billion yuan for 2025, up 36.8 per cent from a year earlier.

9 Apr 2026 - 2:06PM

A shop owner holds a toy depicting US President Donald Trump at the Yiwu International Trade Market in Yiwu, Zhejiang province on April 10, 2025. Photo: AFP

Global Economy

Global renewable-energy pivot amps up as Hormuz uncertainty shatters security

IEA warns that current oil and gas shocks surpass past levels, forcing import-dependent nations to prioritise solar and wind for domestic energy sovereignty.

9 Apr 2026 - 10:05AM

Global Economy

China powers up major Southeast Asian solar project amid Iran war shock

The installation boasts more than two million solar panels and comes online as global fossil fuels face unprecedented disruption.

9 Apr 2026 - 8:00AM

Big Tech

AI fuels global trade growth as China-US flows shift, McKinsey finds

Data-centre expansion and AI investment push global trade ahead of economic growth, consultancy says.

9 Apr 2026 - 7:00AM

AI-linked goods accounted for about one-third of global trade growth last year, according to McKinsey. Photo: AFP

China Economy

Xi Jinping backs services sector to power China’s next growth phase

Beijing is counting on services to rebalance growth as it faces economic headwinds and demographic challenges.

8 Apr 2026 - 9:30PM

President Xi Jinping chairs a symposium in the Xiong’an New Area, north China’s Hebei province, on March 23. Photo: Xinhua

China Economy

US-China ties are critical in dangerous new ‘might-is-right world order’: Dalio

Billionaire investor urges Chinese and US elites to ‘rise above ourselves’ and safeguard global well-being amid a changing world order.

8 Apr 2026 - 9:00PMvideocam

China Economy

As France pulls gold from the US, how can China become the next global gold hub?

Federal Reserve is no longer seen as a ‘safe’ place for nations to store gold as Trump’s unpredictability spooks the world’s central banks.

8 Apr 2026 - 8:00PMvideocam

China Economy

China enforces new supply chain security rules as Iran war shakes markets

The new regulation makes protecting China’s supply chains a national security issue – and allows Beijing to punish any entities that threaten them.

8 Apr 2026 - 5:30PMvideocam

China is taking steps to shore up its supply chains amid rising global uncertainty unleashed by the US-Israel war on Iran. Photo: AP

China Economy

Explaining China’s supply chain security rules

SCMP Plus annotates 18-point regulation issued by China’s State Council providing a legal basis for the country to respond to sanctions and export controls that threaten supply chains.

8 Apr 2026 - 5:16PM

Explaining China’s supply chain security rules

China Business

Chinese carmakers bet on solid-state batteries to drive next EV phase

Carmakers push next-generation battery tech as they chase longer range and improved safety, despite high costs.

8 Apr 2026 - 4:00PM

Tech

As AI race with US intensifies, Alibaba launches 10,000-card computing cluster

Cluster in Shaoguan powered by domestically developed Zhenwu chips latest evidence that China is doubling down on home-grown infrastructure.

8 Apr 2026 - 2:30PM

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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?

6 Aug 2025 - 10:14AMvideocam

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.

17 Aug 2025 - 7:51AM

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.

15 Aug 2025 - 8:41AMvideocam

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.

15 Aug 2025 - 9:00PMvideocam

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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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

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)

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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TRENDING TOPICS

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China builds record-breaking underwater tunnels to unite eastern, western hubs

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