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China economy

China economy
Breaking news and analysis on China’s economy, including its opening up, the US-China trade war, the impact of tariffs and trade talks, growth rates and other key economic data, the Belt and Road Initiative, and Greater Bay Area plan.
Shenzhen’s technology sector – spanning artificial intelligence, consumer electronics and robotics – remains a key driver of leasing activity. Photo: Reuters
China property

Shenzhen office market gains steam on tech and services demand

Leasing activity in core districts is picking up, driven by tech occupiers, but analysts warn oversupply will keep vacancies elevated.

China manufacturing

How China’s industrial tourism is creating a new generation of tech-savvy kids

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China manufacturing

Opinion | Beyond subsidies: what’s really driving China’s industrial climb

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China consumption

From Beijing to backwaters? Why China’s live music boom is spreading

Local authorities are using big concerts to attract tourists and revenue, part of broader efforts to boost consumption under new five-year plan.

Fans at the Strawberry Music Festival during Labour Day holiday in Wuhan, Hubei province, China, on May 1, 2021. Photo: Reuters
China trade

Durian Express? China brings in cheaper fruit with new Southeast Asia train

A new cold-storage rail service is whisking mountains of durians from Thailand to China, reducing prices for the prized fruit.

China-Latin America relations

Beijing backs Cuba, Chile reveals smuggling ring: Latin America relations reads

From a smuggling ring in Chile to rare earth wrangling in Brazil, here are highlights from the SCMP’s foreign correspondents in March 2026.

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China-EU relations

Outside In | China’s manufacturing rise is here to stay. The West must recalibrate

The changes are structural and protectionism will only weaken long-term growth.

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Robots work on production lines at a mould and stamping company in Fuzhou, in China’s eastern Fujian province, on April 16. Photo: AFP
China technology

‘It’s hard to compete’: how China is using AI to churn out 500 dramas per day

In China, micro drama companies are harnessing AI to create shows at jaw-dropping speed and cost – often with the help of lavish subsidies.

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China stock market

Chinese property stocks primed for comeback as industry shows signs of turning

Early signs of a recovery present a buying opportunity for property stocks, which have been under pressure since home prices peaked in 2021.

China travel

Trip.com aims to bring 200 million tourists to China, buoying GDP growth

The company believes China could become the world’s top tourism destination, according to reports.

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Foreign tourists order food at a restaurant in Tianjin, northern China, on April 24. Photo: Xinhua
China society

Opinion | China moves towards better protecting its gig workers

Platforms have outrun legislation but Beijing is pledging better protections for gig workers. Hong Kong is also updating relevant laws.

Delivery riders sit on scooters while waiting for orders at an intersection on March 24 in Shenzhen. Photo: Getty Images
China technology

Is China’s Manus block a warning for other AI firms with global ambitions?

State media has cast the deal as a security concern, while stressing Beijing remains open to foreign investment.

US-China trade war

Xi-Trump summit unlikely to revive Chinese investment in US, report warns

Rhodium Group report says Chinese investment in America has ‘fallen significantly’ from 2016 peak.

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China jobs

Back to the factory? China to retrain 1 million jobless graduates as technicians

China aims to solve its graduate jobs crisis by sending academic students to vocational school. But many young people remain sceptical.

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Technicians train humanoid robots to perform manufacturing work at a facility in eastern China’s Zhejiang province. Photo: Getty Images
Aviation

China forges new aviation alliances to fast-track C929 certification

Pacts include airworthiness standards for long-haul aircraft, together with Hong Kong and Macau, aiding efforts to expand international operations for Comac’s jets.

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Zhao Chunling, the chief designer of China’s widebody C929 aircraft, touches a model of the in-development jet. Photo: Xinhua
Hong Kong economy

Opinion | How Hong Kong’s institutional strengths can power its 5-year plan

The ‘small government’ era is over. Hong Kong must proactively serve as a super value-adder connecting China and the world.

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China travel

China braces for record Labour Day travel surge as tourism demand remains robust

China expects to handle a record 304 million cross-regional trips per day over the holiday, as the government focuses on boosting consumption.

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Electric & new energy vehicles

Geely joins Chery, BYD in profit slide as China car sales plunge

Three most profitable carmakers last year all report double-digit profit declines, but rosier export forecast improves outlook.

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People view a Geely vehicle in Paris on Tuesday. Photo: Xinhua
China airliners

China Southern orders Airbus jets worth US$21b as Boeing waits

Airline joins state-owned peers in placing large orders with European manufacturer, while rumoured Boeing deal could hinge on Trump visit.

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China energy security

Why China may benefit from the UAE’s Opec withdrawal

Beijing may have access to increased supply – though Strait of Hormuz disruption remains a serious constraint, analysts say.

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China trade

Beijing touts mineral dominance, boosts autonomy drive, ahead of Trump’s visit

Ministry of Natural Resources boasts world-leading reserves of 14 minerals and vows to keep boosting output and exploration as geopolitical risks weigh on resources.

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Blocks with symbols and atomic numbers of various rare earth elements are seen on a Chinese flag. Illustration: Reuters
Consumers

Ikea to open first small-format Beijing store to tap changing consumer trends

The Tongzhou district outlet marks the furniture retailer’s pivot to compact formats as China’s property slump hits home-furnishing demand.

Ikea’s smaller stores focus on design services and curated product selections, rather than maintaining extensive on-site inventory, according to analysts. Photo: Handout
Electric & new energy vehicles

BYD, Geely tap global EV demand to escape China price wars

Shares of BYD and Geely rose after they released earnings as the Strait of Hormuz shutdown boosts global demand for Chinese-made electric vehicles.

Banking & finance

China targets ‘zombies’ with regulatory headshots to kill off indebted laggards

Six provinces and the capital city test a forced-insolvency pilot to purge overcapacity and dismantle local protectionism, prioritising market efficiency.

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China GDP

US economic gap over China to widen, but Iran might bring them closer: Mahbubani

Get your head checked, strategist Mahbubani tells those who underestimate the US and China, while forecasting a bigger GDP gulf between the two by 2030.

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China, long projected to overtake the US as the world’s largest economy, could instead lose ground in the coming years, according to a global strategist. Photo: Reuters
China exports

How China’s reported sulphuric acid export ban could have global buyers reeling

Foreign firms fear more halts following reports of a ban on the export of the chemical, crucial for fertiliser and battery production.

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Illustration by Henry Wong
China energy security

China orders maritime security research as Hormuz crisis exposes trade risks

The research agenda will also focus on safeguarding port access and critical mineral investments amid rising threats to global trade.

Banking & finance

Why Moody’s has raised China’s credit outlook amid Iran war shocks

Ratings agency gives China an A1 long-term rating, citing the economy’s resilience in the face of trade and geopolitical pressures.

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