Inside China

As China’s property crisis continues and the growth of household wealth dwindles, some owners have had to sell their overseas investments. But with a saturated market and very few buyers, property owners are struggling to find buyers. This Post story is reported by He Huifeng and narrated by Regina de Luna.
For the full text: https://sc.mp/ua7p 

China has seen a significant increase in the size and influence of its middle class, but an ageing population is set to hinder the nation’s growth. In the US, the size of the middle class fell from 61 per cent of the population in 1971 to 50 per cent in 2022 amid flat wage growth and a drop in university enrolments. This Post story was reported by Ralph Jennings and He Huifeng and narrated by James Aitken.

For the full text: https://sc.mp/sx1u 

One week ago on September 7, 2023, Hong Kong was hit by a record-breaking rainstorm that flooded the city. South China Morning Post city desk reporter Harvey Kong breaks down what happened across the city and explores the questions Hong Kong’s government now faces as clean-up continues. Post Hong Kong news editor Denise Tsang describes what happened to her when she was stuck in traffic during the city’s heaviest downpour. 

China’s southern metropolis of Shenzhen is the only mainland city where individuals can apply for bankruptcy, but it’s not easy since authorities reportedly frown on debt forgiveness. While debt is often taken to the grave, debtors’ families may continue to be hounded by creditors under a traditional belief that a “son must pay his father’s debt”. This Post story by Mandy Zuo and He Huifeng is narrated by Jasmine Tse.

Finbarr Bermingham reports on the EU response to Xi's absence at the G20, how 'de-risking' is playing out, and Beijing's reception to Germany's far right populist party AfD; Chad Bray analyses China's property giant Country Garden, its teetering on the brink of default and the forecast for what comes next; Zhou Xin looks at the big picture of the challenges for Xi Jinping and his central government.

Jarrod Watt and Jasmine Tse sift through the facts of how China came to levy nearly three years of escalating official and unofficial trade bans on Australian exports after comments made by the Australian Prime Minister at the beginning of the pandemic in 2020. SCMP political economy reporter Kandy Wong reports on how one of Australia's oldest and most prestigious wine brands has made the pivot from the Barossa Valley to making wine in mainland China, and what obstacles still remain in the diplomatic relationship before Australian Prime Minister Anthony Albanese visits Beijing for a meeting with China's President Xi Jinping later this year.

SCMP science reporter Victoria Bela speaks of the science behind China and Russia's opposition to the Fukushima water release plan and how it compares to the tritium water releases from Chinese nuclear power plants. Mimi Lau from HKU AnnieLab factcheck newsroom analyses the state-led social media campaign fusing anti-Japanese hatred with misinformation and pseudo-science, leading to panic buying of salt in mainland China and Hong Kong.

US President Joe Biden has taken another step to counter China’s technological advancements. Post North America bureau chief Rob Delaney and Beijing-based correspondent Kinling Lo analyse Biden’s “small yard, high fence” strategy, the muted response from Beijing and how next year’s US elections may further escalate this tech war. 
 

Andrew Collier, managing director of Orient Capital Research, analyses how the world of investment reacted to the latest US investment restrictions on China’s tech industry, and the options that are left for Beijing as it aims to become the world leader in artificial intelligence. Georgetown University’s CSET research analyst Ngor Luong knows exactly who has been investing in China, and explains why she expects more money to flow from China to Southeast Asia.
 

Hear how Chinese scientists and the semiconductor industry have responded to Biden’s latest executive order, why some are calling it a “lose-lose” situation, and why China’s goal towards technological self-sufficiency has become much more difficult. Also, the Post’s Shenzhen-based tech reporter Iris Deng shares her latest visit to the world’s largest electronics market in search of chips the US has barred from export to China.

The US and China have less than two weeks to decide whether to renew a landmark science and technology agreement. Post reporter Khushboo Razdan explains what this agreement has achieved in the past and what would be lost if it isn’t renewed by August 27. Particle physicist and acclaimed columnist Yangyang Cheng explains how US-China science cooperation is as old as the bilateral relationship and what kind of collaborations she hopes to see between the global superpowers.
 

China is predicted to have 400 million retirees in 2035 - the same year the state pension fund is expected to run out. In this episode, Jasmine Tse analyses the central government's race to prepare the nation's finances, infrastructure and health system. Global health policy expert Professor Winnie Yip unpacks the challenges ahead, explains why robots or immigrants won’t fix them, and reveals a shift in China's culture of filial piety and caring for the elderly. Post desk editor Zhou Xin looks at the immense economic impact and the hard decisions facing Beijing's central government.

Something's changed in China's youth and it's causing concern all the way up to President Xi Jinping. Jasmine Tse presents an episode tracing the roots of a cross-generational protest from the 90s 'slacker' Generation X in the West to the year 2019 and a lone Chinese developer angry at '996' working culture, to viral memes on Chinese social media that became slogans uniting China’s GenZ and millennials in their disaffection with the status quo. 

A record 12 million Chinese college graduates are entering the workforce at a time of historic youth unemployment. Xi Jinping's response to China's GenZ and millenials was "eat bitterness'. King’s College sociologist Dr Ye Liu analyses why these generations differ from their elders; consumer trends journalist Yaling Jiang analyses how spending habits of China’s GenZ and millenials are changing the economy and Post reporter Luna Sun analyses the harsh economic reality for China’s new graduates.

What started as a government-backed campaign to shame women in their late 20s and 30s who didn’t marry and have children has backfired spectacularly. Hear from the daughters of the one child policy; now the most educated, affluent women in Chinese history, and what they think about career, marriage and children.

After 70 years as the world's most populated nation, the news of China's first decline in population since the Great Famine of the 1960s was a long time coming. King’s College sociologist Dr Ye Liu reveals the deeper impact of the one child policy, how the massive gender imbalance continues to play out in and how it forged generations of women with very different attitudes to their elders.  

There’s more to the shock of China's declining population than just births, deaths and marriages. Chinese GenZ and Millenials are choosing career over kids - or choosing to “lay flat” or “let it rot”. The two most educated and affluent generations in China's history are making choices that are changing the economy and challenging Beijing's policies - but they're now facing historic levels of unemployment, just as a record 12 million Chinese college students are about to graduate. Jasmine Tse presents this new series exploring the intensive generational shift confronting Beijing.