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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

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

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

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
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 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.

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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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Massive investment in artificial intelligence data centres has contributed to a rapid build-up in global debt levels over the past year, according to a new report. Photo: Shutterstock
Massive investment in artificial intelligence data centres has contributed to a rapid build-up in global debt levels over the past year, according to a new report. Photo: Shutterstock

China Economy

As the yuan sizzles, China’s central bank deploys double-barrelled policy tweak

Regulators refine cross-border rules and cut the foreign exchange risk reserve ratio for forward forex sales to zero, aiming to provide stable offshore liquidity and help firms manage risks.

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China Economy

As China’s firms go global, foreign expertise is becoming a hot commodity

Chinese companies are rushing to hire a range of service contractors to help them expand overseas – from compliance experts to TikTok gurus.

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China Economy

After years of ‘at-all-costs’ growth, China wants cadres to ditch GDP obsession

Five-month campaign seen prioritising social welfare and long-term sustainability over economic expansion, with debt, fraud and vanity projects in crosshairs.

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A child waves a Chinese flag near Tiananmen Gate in Beijing on February 19. China’s leadership is calling for local-level cadres across the country to do work that “benefits the people”. Photo: AP

China Economy

China adviser sees bright future for yuan payment system in emerging economies

Former ICBC chairman Chen Siqing says alternatives needed due to risk of financial weaponisation in US dollar-centric world.

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China’s domestically developed Cross-border Interbank Payment System offers clearing and settlement services for cross-border yuan transactions. Illustration: Shutterstock
China’s domestically developed Cross-border Interbank Payment System offers clearing and settlement services for cross-border yuan transactions. Illustration: Shutterstock

China Economy

China-EU trade ties are at a crossroads. Could tech bridge the divide?

A hostile Washington is creating openings for a reset – but deep-seated issues remain, analyst says.

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China Economy

Why China’s travellers spent little, despite rise in Chinese New Year trips

The country logged a record 596 million domestic trips over the extended holiday, but consumers are still reluctant to loosen their purse strings.

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Global Economy

China’s tech surge leaves Japan and South Korea trailing in global rankings

Propelled by strategic R&D, China’s tech prowess is now the third highest, with key sectors such as batteries and biotech showing big gains over rivals.

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A humanoid robot plays piano during a traditional music performance in Beijing on Thursday. China has elevated science and technology to the core of its national development strategy. Photo: AP

Global Economy

Trump’s USMCA exit threat seen pushing Canada into China’s arms

Analysts expect Ottawa to diversify trade as future of North American trade pact remains uncertain, while a US departure would ‘hit Canada like an earthquake’.

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Canadian Prime Minister Mark Carney appears alongside President Xi Jinping at the Great Hall of the People in Beijing on January 16. Photo: Reuters
Canadian Prime Minister Mark Carney appears alongside President Xi Jinping at the Great Hall of the People in Beijing on January 16. Photo: Reuters

China Economy

A boat in every dock? Chinese billionaire unveils plan for mass yacht production

JD.com founder Richard Liu has launched a nautical brand with a massive investment in yacht production, aiming to make ownership affordable.

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China Economy

IMF urges China to focus on consumption-led rebalancing, curb industrial policy

Global monetary body calls on Beijing to roll out more forceful fiscal stimulus to bolster domestic demand amid record trade surplus.

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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
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
Sebastian Contin Trillo-Figueroa

Opinion | Germany’s outreach to China signals a reckoning, rather than a shift

Sebastian Contin Trillo-Figueroa
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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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China's economic recovery
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As high-speed railways saturate China, how far can their global reach extend?

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China’s tech surge leaves Japan and South Korea trailing in global rankings

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