China Economy

New salt-tolerant species and technologies were trialled in salty land in Dongtai city in east China’s Jiangsu province in the latest evidence of China’s food self-sufficiency drive.

With its influence, tech, currency and market, China is set to play a key role in a new and emerging world order as a big contributor to global economic growth. Business leaders must strategise accordingly.

Amid worrisome takes on China’s post-Covid recovery, Beijing should release trade and inflation data later this week, while figures on unemployment, investment, industrial output and retail sales are due June 15.

BYD has gone past LG Energy Solution as the world’s second-largest electric vehicle battery producer, reinforcing China’s dominance of the industry as EV adoption picks up pace globally.

TSMC’s capital expenditure should wind up closer to the bottom end of a previously forecast US$32 billion to US$36 billion range, company chairman Mark Liu said.

China’s first home-grown large cruise liner, the 135,500-tonne Adora Magic City, left its dock in Shanghai on Tuesday after nearly four years of construction ahead of a series of sea trials.

There is broad consensus that the central government must act to counteract anaemic post-pandemic growth, as premiers have done in the past.

Only about 50 tonnes of durian are now expected be produced in Hainan this year – far less than earlier estimates and nowhere close to the roughly 1 million tonnes that China will consume this year.

China’s purchasing managers’ indices (PMI) provide early indications each month of economic activities in the manufacturing, services and construction sectors.

Beijing released guidelines on accelerating the establishment of a unified domestic market in April 2022, which is intended to enable a more efficient and smooth flow of production factors, including labour, goods, capital and data.

Bourse operator HKEX has approved 21 firms, including Chinese technology giants Tencent Holdings, Alibaba Group Holding, Xiaomi and Meituan, for yuan share trading counters, it said in a statement on Monday.

China will amend its anti-unfair competition law, introduce regulations under the fair-competition review system and expand market access for foreign investment as part of efforts to create a unified domestic market.

LVMH chief and the world’s richest man Bernard Arnault is set to visit China this summer as the region bounces back amid post-Covid-19 recovery – here’s what we know so far

With youth joblessness reaching a record high, some universities are again trying to pad the employment figures among graduates by pushing students into freelancing and entrepreneurships.

Caixin/S&P Global services purchasing managers’ index (PMI) rose to 57.1 in May from 56.4 in April, data released on Monday showed.

As the US government flirted with a debt default last month, some analysts see more opportunities opening up for China and the yuan.

Concerns about city and county government default risks are mounting in China as Beijing’s willingness to offer enough support to avert a meltdown is questioned.

Meeting on the sidelines of the Shangri-La Dialogue summit, Australian defence minister Richard Marles and his Chinese counterpart General Li Shangfu, discussed the need to get past the rift that had set in under the previous Australian government.

The 2021 ship shortage pushed great powers to take back control of the semiconductor industry, attempting to redraw supply chains concentrated in East Asia, and eroding Taiwan’s strategic importance and bargaining power.

Alibaba Cloud founder Wang Jian tells Hong Kong to ‘think outside the box’ and embrace uncertainty to unleash tech potential.

Diplomacy between Beijing and Canberra took a nosedive in 2020, but two recent trade-minister meetings and a relaxation of import curbs show how the tide appears to be turning.

G7 nations and their Western allies have made clear their intent to ‘de-risk’ ties with China without fully decoupling. However, the inability to clearly define the term and differences of opinion between allies on how to proceed could render the efforts ineffective.

Chinese commerce minister Wang Wentao met with Argentinian counterpart Sergio Massa on Thursday amid China’s push to expand its footprint in South America.

Blight and pre-harvest germination have ruined vast swathes of China’s wheat-production base, prompting local authorities and state stockpiler Sinograin to ramp up efforts to save the critical crop.

Better online conditions for businesses ‘an urgent need’ to ensure industrial and economic security, CAC statement says, warns of ‘harsh’ crackdown on offending social media accounts.

A real estate industry body in Fuzhou, in China’s Fujian province, retracted a suggestion that home sellers share half of commission costs, citing its ‘inaccurate grasp’ of a policy Beijing introduced last month with the aim of lowering homebuying expenses.