https://www.scmp.com/rss/516576/feed Tongjian joined the Post in 2023, after years of experience covering China, with a focus on its economy and capital markets. Previously, he wrote on China's credit market and distressed debt for Bloomberg News. He studied finance at London Business School and journalism at the University of Hong Kong. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com The Central Committee of China’s Communist Party will hold its third plenum in July, a long-anticipated meeting where the country’s leaders are expected to release a plan for reform that will chart a sustainable growth path and address economic difficulties. As this year’s iteration approaches, the Post is looking at why this meeting has mattered historically and what is expected this year given the current situation and the challenges the country faces. What is the third plenum? China’s ruling... https://www.scmp.com/economy/china-economy/article/3260912/how-chinas-third-plenums-have-reshaped-its-economy-and-what-expect-year?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3260912/how-chinas-third-plenums-have-reshaped-its-economy-and-what-expect-year?utm_source=rss_feed Tue, 30 Apr 2024 08:00:38 +0000 To reach its carbon neutrality goals, China – the world’s largest producer of greenhouse gas emissions – has turbocharged its ambitions and marshalled tremendous resources in the battle against climate change. One top priority in this campaign is developing its already booming hydrogen energy industry, as the clean fuel source is a promising solution for cutting carbon emissions in sectors that are difficult to electrify, such as long-distance transport. Earlier this month, China’s first... https://www.scmp.com/economy/article/3239134/china-bets-big-hydrogen-pursuit-carbon-neutrality-benchmarks?utm_source=rss_feed https://www.scmp.com/economy/article/3239134/china-bets-big-hydrogen-pursuit-carbon-neutrality-benchmarks?utm_source=rss_feed Wed, 25 Oct 2023 16:00:10 +0000 Global investors are becoming increasingly worried after China’s economic growth seemed to lose steam over the summer, while the risks faced by embattled property developers and local government financing vehicles (LGFVs) have further raised market concerns about a systemic outbreak. But there are still some bright spots, including the rapid growth of the new energy and technology sectors, which may provide a much-needed boost to the economy. Policymakers may still also have deep pockets to... https://www.scmp.com/economy/china-economy/article/3233617/chinas-economy-bad-shape-5-things-consider-silver-linings-and-slow-growth-lehman-moments-and?utm_source=rss_feed https://www.scmp.com/economy/china-economy/article/3233617/chinas-economy-bad-shape-5-things-consider-silver-linings-and-slow-growth-lehman-moments-and?utm_source=rss_feed Wed, 06 Sep 2023 16:00:15 +0000