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Construction continues on the Pinglu Canal in China’s southern Guangxi region in January. The canal is due to open before the end of 2026. Photo: Xinhua

China Economy

‘Time is ripe’: why China is eyeing another vast canal link to Southeast Asia

China has almost completed the US$10 billion Pinglu Canal connecting its heartlands to Southeast Asia. Now, it is mulling an even larger waterway.

Farmers’ son banker Xu Yiding under probe by China’s anti-corruption watchdog

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As jobs dry up, China’s graduates turn to booming ‘micro drama’ industry

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China Economy

China’s future growth rate could drop to 2.5% without market reforms: economist

China will struggle to keep growth above 4 per cent unless there is a ‘strong turnaround’ in productivity and consumer spending, economist warns.

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China logged a record goods trade surplus of nearly US$1.2 trillion last year, but a prominent economist has warned the country’s growth rate could fall in the coming years unless Beijing introduces more market reforms. Photo: AFP
China logged a record goods trade surplus of nearly US$1.2 trillion last year, but a prominent economist has warned the country’s growth rate could fall in the coming years unless Beijing introduces more market reforms. Photo: AFP

Business

AutoFlight unveils world’s largest flying car as China races to lead the skies

CATL-backed AutoFlight debuts Matrix, targeting global expansion, as Beijing moves to set standards for domestic eVTOL makers and operators.

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China Business

China’s Year of the Horse shoppers let emotional satisfaction take the reins

Brand prestige fades in importance as consumers favour festival-themed toys, playful designs and pet items.

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Global Economy

As China intensifies offshore tax hunt, exporters struggle with compliance

Beijing leverages big data and global info exchange to chase undeclared overseas wealth, with fiscal needs seen driving the push, forcing compliance across sectors.

The Yantai Port is seen in China’s Shandong province last month. For those in China’s cross-border trade business, a sweeping tax crackdown is beginning to be felt. Photo: Xinhua
The Yantai Port is seen in China’s Shandong province last month. For those in China’s cross-border trade business, a sweeping tax crackdown is beginning to be felt. Photo: Xinhua

China Economy

Shanghai makes future-tech bid with promise of data, talent and capital

The city is striving for an early-mover advantage in the technology of tomorrow, including AI and quantum computing.

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China Economy

Chinese sports brands set sights on European expansion at 2026 Winter Olympics

The Games have become a test case for firms seeking to raise their global profile, highlighting rising ambitions and challenges.

China Business

How Chinese consumers’ changing demands are keeping KFC’s owner on its toes

Yum China CEO Joey Wat banks on fast-food firm’s flexible store format and cheaper products to attract more Chinese consumers.

Yum China CEO Joey Wat speaks during the company’s 2025 Investor Conference in Shenzhen. Photo: Handout

Business

How Western brands are adapting to China’s changing consumer landscape

Starbucks’ China stake sale signals a seismic shift, as global firms retreat amid rising competition, price wars and evolving consumer tastes.

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Illustration: Henry Wong
Illustration: Henry Wong

Global Economy

As Beijing and Moscow tout ties, China’s companies keep Ukraine’s lights on

Ukrainians are buying Chinese batteries and emergency items en masse after Russian strikes, with Beijing’s ties to Moscow no damper on trade.

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Global Economy

UK, China boost financial ties, deepen London’s role as offshore yuan hub

New pact designates a new yuan clearing bank, boosts cross-listings and expands green finance, accelerating the international use of China’s currency.

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Tech

Sweet surge: Qwen overtakes Yuanbao after Alibaba’s bubble tea campaign

More than 10 million free orders put Alibaba’s AI app in the spotlight amid a high-stakes battle for Spring Festival attention.

More than 10 million free orders were placed within nine hours of the campaign, overwhelming many stores in mainland China. Photo: Handout

Global Economy

China-Canada canola deal faces test as USMCA trade talks loom, insiders warn

Initial shipments bring hope, but ‘Fortress North America’ threat and lack of long-term guarantees leave producers wary of Beijing’s commitment.

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Bottles of Canola Harvest brand canola oil, made by a Canadian agribusiness firm, are seen on the shelf of a grocery store in Beijing. Photo: AP
Bottles of Canola Harvest brand canola oil, made by a Canadian agribusiness firm, are seen on the shelf of a grocery store in Beijing. Photo: AP

China Economy

TikTok ‘addictive’, EU finds in digital law probe

European Commission cites TikTok’s ‘highly personalised’ system, slams safeguards as ineffective.

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China Economy

Stung by Trump’s policies, German multinationals cautiously pivot towards China

German firms are keen to invest more in China as they shy away from the US, but they still face issues in the Chinese market, business group says.

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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
Justin Diamond

Opinion | Why the US really fears Chinese ‘overcapacity’

Justin Diamond
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Regina Ip

Opinion | Hong Kong’s budget should move the city towards ‘inspirational’ development

Regina Ip
Mark Greeven

Opinion | High volume and low cost is how BYD beat Tesla in the EV race

Mark Greeven
Anthony Rowley

Macroscope | Trump-Takaichi meddling in finance spells more turbulence ahead

Anthony Rowley
Richard Harris

Opinion | Tariff by tariff, Trump is building a trade wall around the US

Richard Harris
Michael Han

Opinion | China’s real estate rethink can help end developers’ debt addiction

Michael Han
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MULTIMEDIA
Video

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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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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US-China soybean row leaves farmers caught in the middle

US-China soybean row leaves farmers caught in the middle
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TRENDING TOPICS
China trade
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China's economic recovery
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