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Economy /

China Economy

Related Topics:
Belt and Road Initiative
Asia housing and property
US-China trade war
Electricity arcs in a cold-environment demonstration of CATL’s sodium-ion battery technology during Auto China 2026 in Beijing on April 25, 2026. Photo: AP Photo
Electric & new energy vehicles

China’s CATL touts landmark energy-storage order for sodium-ion batteries

Deal for massive grid storage system shows that CATL has ‘overcome all the challenges in mass-producing sodium-ion batteries’, company says.

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China GDP

Guangdong’s rule as China’s GDP king faces an unprecedented threat to the crown

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China jobs

China outlines new labour protection plan for nation’s 200 million gig workers

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China manufacturing

China’s industrial profits hit 6-month high amid Iran war price spikes

Fuel-processing sector pivots to profit while tech gains shield margins from modest revenue growth, highlighting an efficiency-led rally over a demand recovery.

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A humanoid robot is modified at a facility in China’s Shandong province last month. The nation has seen rapid developments in artificial intelligence and semiconductor-related industries. Photo: Xinhua
A humanoid robot is modified at a facility in China’s Shandong province last month. The nation has seen rapid developments in artificial intelligence and semiconductor-related industries. Photo: Xinhua
China shipbuilding

China delivers record LNG carrier – is South Korea losing its shipbuilding edge?

The vessel’s completion follows China dominating global shipbuilding orders last year, with South Korea leading in high-value segments.

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Robotics

AI | China’s physical AI prowess on roads, in skies and factories

Innovation and competition drive rapid advances in Chinese humanoid robots, drones, autonomous vehicles and flying cars. America is playing catch-up.

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China exports

Chinese EVs are making inroads in one of world’s most competitive auto markets

BYD is now one of Korea’s fastest-growing imported EV brands while rivals like Chery look to break into a market long dominated by local giants.

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An aerial drone photo taken on April 10 shows vehicles to be exported at Yantai port in east China’s Shandong province. Photo: Xinhua
An aerial drone photo taken on April 10 shows vehicles to be exported at Yantai port in east China’s Shandong province. Photo: Xinhua
Yuan

Open Questions | Why China’s yuan faces the same ‘illusions’ that stalled the euro: Daniel Gros

Former European economic adviser says Beijing’s bid to build an international currency will hinge on leaders allowing it to fluctuate freely.

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Electric & new energy vehicles

Li Auto targets BMW and Mercedes with premium SUVs in Middle East, Asia-Pacific

Beijing-based EV maker expects overseas deliveries to account for 30 per cent of its total by 2030, president Ma Donghui says.

China travel

Chinese travellers flock to Central Asia as flight bookings soar by 120%

Beijing’s Belt and Road Initiative behind stronger economic ties and passenger traffic growth between the two regions, say industry experts.

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Ground staf and crew members for the inaugural flight of China Eastern Airlines from Shanghai to Tashkent, Uzbekistan, pose for a group photo. A new direct passenger air route connecting the eastern Chinese city of Shanghai and the Uzbek capital of Tashkent was launched in March. Photo: Xinhua
China’s private sector

Muddy yet clear-cut: how Chinese investors are turning jungle into a new capital

Chinese construction firms keen to cement trade ties with Jakarta through multimillion dollar projects to build a brand new centre of power.

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Construction started on a Chinese-invested commercial centre at Ibu Kota Nusantara, the future Indonesian capital, on September 22, 2025. Photo: Ralph Jennings
Construction started on a Chinese-invested commercial centre at Ibu Kota Nusantara, the future Indonesian capital, on September 22, 2025. Photo: Ralph Jennings
China manufacturing

Billionaire behind ‘American Factory’ firm warns of US exit amid trade friction

Fuyao Glass, a major supplier to Ford, GM and BMW in the US, employs thousands across the states of Ohio, Illinois and South Carolina.

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China exports

Flood of small parcels from China pushes Belgian airport to limit

Belgium’s top customs official says main problem is that many products do not meet EU standards.

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Artificial intelligence

Prognosis positive: how AI could help China bridge the medical resources gap

Hospitals, medical professionals and patients stand to benefit as country pushes to integrate AI into healthcare sector.

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Illustration: Henry Wong
Banking & finance

Default in our stars: China banks use satellites to track assets, cut loan risks

Analysts say orbital monitoring of sites, property and other assets provides vital data on borrowers.

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Chinese banks are increasingly using satellites to evaluate their clients’ terrestrial assets. Photo: Shutterstock
Chinese banks are increasingly using satellites to evaluate their clients’ terrestrial assets. Photo: Shutterstock
China technology

As DJI duels Insta360, China sharpens global hardware edge amid US scrutiny

Western competitors like GoPro face shrinking footprints as strategic shifts of Chinese firms disrupt the status quo while navigating FCC-led national security bans.

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Banking & finance

Beijing ramps up tax crackdown, frames consumption levies as fiscal lifelines

Authorities target retailers, shell companies and off-the-books manoeuvres to lessen tax liabilities.

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Electric & new energy vehicles

Chinese EV makers target global expansion at Auto China amid energy shock

Most carmakers taking part in the exhibition have either debuted models designed for export markets or announced expansion plans.

Xpeng CEO He Xiaopeng speaks at the launch of the Xpeng GX at the Beijing car show on Friday. Photo: AFP
Xpeng CEO He Xiaopeng speaks at the launch of the Xpeng GX at the Beijing car show on Friday. Photo: AFP
Yuan

‘Paradigm shift’: is China’s deal with mining giant BHP a global yuan milestone?

The agreement to partly link iron ore pricing to the yuan is a breakthrough but US dollar dominance in the trade remains entrenched for now, analysts say.

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China energy security

Why China is spending billions on a robot army to run its power grid

China’s grid operators plan to purchase thousands of robots in 2026 alone, including devices to inspect and maintain vital infrastructure.

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China-EU relations

‘It’s a tightrope’: why Europe’s wind industry faces a growing China dilemma

A debate is swirling in Europe over what role China should play in its wind power push, as the continent confronts the Middle East energy crisis.

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Spanish Prime Minister Pedro Sanchez gives a speech at the WindEurope 2026 expo in Madrid on April 21. Photo: Getty Images
China energy security

Explaining China’s new carbon emissions reduction plan

SCMP Plus annotates the 18-point plan issued by the Central Committee and State Council for carbon emissions reductions across strategic sectors.

Explaining China’s new carbon emissions reduction plan
China trade

China places EU defence, aerospace firms on export control list

Seven listed entities are barred from receiving ‘dual-use’ items originating in China, according to a statement from the Ministry of Commerce.

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Stock Connect

Brazil beckoned: China now has stock and bond ‘connect’ schemes in 5 regions

Strategic financial corridors now bridge mainland bourses with global hubs, enabling more seamless investment through specialised fund vehicles and receipts.

US-China relations

Beijing’s emphasis on security weighing on US firms’ optimism: AmCham China

White paper recognises improvements and incremental advances, but says data security rules a concern.

US and Chinese flags. Illustration: Reuters
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