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Bookings for stand-alone villas during the 2026 New Year’s holiday period have surged, according to Tujia. Photo: Shutterstock

China Business

China’s Gen Z consumers drive rise in homestay bookings to ring in the new year

Gen Z travellers made up more than 50 per cent of total homestay bookings for the 2026 New Year’s holiday period.

China’s next decade to cement status as hi-tech manufacturing power: reports

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China’s January 1 silver curbs to deepen global crunch amid volatility: analysts

Global Economy

China imposes beef-import quota, adds over-quota tariffs to guard local industry

From Thursday, over-quota imports from Brazil, Australia, US and other trade partners face new duties to help local producers recover amid price declines.

Handlers move cattle at a livestock market in Canuelas, Argentina, in October. China is kicking off 2026 with additional tariffs on beef imports exceeding specific quotas for major trading partners. Photo: AP
Handlers move cattle at a livestock market in Canuelas, Argentina, in October. China is kicking off 2026 with additional tariffs on beef imports exceeding specific quotas for major trading partners. Photo: AP

Global Economy

Nexperia, Wingtech set for fresh face-off in January with US$8 billion at stake

Dutch chipmaker’s Chinese owner warns of multi-track legal action, seeking full control of the firm and damages for improper seizure amid supply-chain tensions.

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Banking & Finance

China housing market gets VAT relief on resales but demand outlook stays subdued

Policy lowering VAT to 3 per cent reduces seller costs but demand recovery is key to stabilising the housing sector, property agents say.

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Policy

China rolls out trade-in funding for 2026 as campaign to spur spending continues

The programme, which has helped stimulate consumption increases, will continue to subsidise purchases of big-ticket goods and refurbishments.

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China’s consumer goods trade-in programme subsidises, among others, the purchases of big-ticket items such as automobiles and home appliances. Photo: Getty Images
China’s consumer goods trade-in programme subsidises, among others, the purchases of big-ticket items such as automobiles and home appliances. Photo: Getty Images

China Business

Beijing renews trade-in subsidy scheme amid domestic car market’s gloomy outlook

Buyers who replace their petrol and electric cars with new vehicles will receive a cash subsidy of up to US$2,858 per unit.

China Economy

China’s factory activity breaks 8-month contraction, but headwinds persist

China’s manufacturing PMI rose to 50.1 in December, but analysts said it was too early to point to a sustained recovery.

China Economy

Airbus scores major win in China with orders for 148 A320 aircraft

The flurry of orders, worth billions of US dollars, marks a big victory for the European aviation firm over US rival Boeing in a key market.

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Aircraft operated by Air China are parked at an airport in Beijing. The state-owned Chinese airline is one of several buyers in China to place orders for Airbus passenger jets in recent days. Photo: AFP

Policy

Xi renews call to boost grain output after trade war sharpens food security push

Beijing renews push to fortify domestic crop supplies and modernise agriculture amid a tense geopolitical climate.

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President Xi Jinping has long called for boosting China’s food security, calling it a “political responsibility”. Photo: Xinhua
President Xi Jinping has long called for boosting China’s food security, calling it a “political responsibility”. Photo: Xinhua

China Economy

How China is upgrading its digital yuan for the stablecoin era

Beijing is upgrading its digital currency in response to the rise of stablecoins, but the goal is to create a fundamentally different system.

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China Economy

China’s Shenzhen targets AI in ‘every household’ as US tech rivalry heats up

Local officials want to embed cutting-edge tech across society in coming five-year plan.

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Global Economy

China’s lagging basic research calls for core tech pivot, economic adviser urges

Wang Yiming says Beijing must innovate from the ground up to create deterrents against foreign supply cuts, citing missed R&D spending target.

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Shipping containers are seen at Qingdao Port in China’s Shandong province on Saturday. Photo: Xinhua

China Economy

China’s Hainan hosts duty-free shopping spree under new customs regime

A flurry of activity accompanied the official establishment of the island’s tariff and tax exemptions - but will the frenzy last?

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The Haikou International Duty Free Shopping Complex in Haikou, capital of Hainan province. Photo: Xinhua
The Haikou International Duty Free Shopping Complex in Haikou, capital of Hainan province. Photo: Xinhua

China Economy

China has logged a US$1 trillion trade surplus. Where is all that money going?

Trade surplus growth has not been matched in foreign exchange reserves – a gap analysts said can be explained by private sector outflows.

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Economic Indicators

China sets yuan fixing rate at 15-month high amid offshore gains

The move follows offshore yuan briefly breaching seven-per-US-dollar mark, with analysts citing dollar weakness, seasonal factors for rally.

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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
James David Spellman

Opinion | How China’s home-grown luxury labels took on Western brands

James David Spellman
Nicholas Spiro

The View | How AI helped Asia’s real estate sector pass the tariff stress test

Nicholas Spiro
David Dodwell

Outside In | As the US pursues unilateralism, China faces challenging task as Apec host

David Dodwell
Nicholas Spiro

Macroscope | Why Wall Street remains bullish on China amid economic slowdown

Nicholas Spiro
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
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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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China's economic recovery
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MOST POPULAR
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Why are rich Chinese moving private jets offshore, slumming it in budget seats?

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China has logged a US$1 trillion trade surplus. Where is all that money going?

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Soaring to the top: China appoints first female captain for C919 flights

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

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