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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.
A container is lifted by a crane at the Chinese-funded Chancay port in Peru, on October 29, 2024. Photo: AP
Belt and Road Initiative

Trump wants China out of South America – but Peru’s Beijing-backed port is abuzz

Beijing’s hunger for minerals and raw materials is pushing trade in the region to record levels, even after incidents in Panama and Venezuela.

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US-China relations

US Treasury chief warns of China’s push for digital asset dominance

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Transport and logistics

Panama’s ‘dangerous precedent’: why ports appear pawns as politics top contracts

Banking & finance

China’s new golden rule: dig deeper mines, boost reserves and hedge global risks

China Gold Association vows tech breakthroughs in deep mining and nanogold, and a state-owned miner seeks a fourfold increase in gold output from mineral deposits.

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China’s gold insiders have vowed major industry advancements over the coming five years. Photo: Shutterstock
China energy security

China’s clean power energising economy, adding a Brazil’s worth of GDP: report

Clean energy industries drove more than one-third of China’s economic growth in 2025, as they continue to expand rapidly, study finds.

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Consumers

KFC operator Yum China to expand faster amid ‘early signs’ of spending thaw

After earnings exceed estimates, company will add outlets at faster pace than last year, with focus on second-tier cities.

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China-EU relations

‘Discriminatory’: China slams EU probe into wind turbine maker Goldwind

Brussels’ ‘abuse of investigations’ is harming China-EU cooperation and slowing Europe’s green transition, Beijing warns.

A worker inspects parts at Goldwind Science & Technology’s wind turbine factory in China’s eastern Jiangsu province. Photo: EPA-EFE
US-China trade war

Canada’s former deputy PM hopes for less economic dependency on China in future

Canada’s former deputy prime minister supports economic system ‘in which China works’ but other countries’ vulnerabilities are limited.

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US-China trade war

US pitches critical minerals plan to allies to halt Beijing’s dominance

More than 50 countries encouraged to back US-led framework using price floors and financing to blunt Beijing’s control of hi-tech materials.

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China trade

China’s outbound investment surges to 7-year high amid data centre, energy boom

Chinese investment is increasingly focusing on energy and raw materials projects in low and middle-income regions, report finds.

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Construction workers walk to a data centre under construction in Malaysia. Chinese investment in data centres in Southeast Asia surged last year, according to a new report. Photo: AP
China airliners

New brainer: China’s C929 widebody lands partner to power next-gen flight mind

After Comac secures core flight-system supplier for its widebody jet’s ‘brain’, sourcing the ‘heart’ of the C929 remains a lofty challenge.

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A model of China’s in-development C929 aircraft is displayed at the Singapore Airshow on Tuesday. Photo: AFP
China food security

China signals strong soybean imports – what does it mean for food security?

Beijing also vows broader agricultural opening while safeguarding domestic production and farmers.

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China property

Opinion | China’s real estate rethink can help end developers’ debt addiction

The future of Chinese property looks to be smaller and more rational, with a market defined by real estate’s worth rather than volume.

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Asia-Pacific Economic Cooperation

Xi’s Apec playbook? How China could use new chair role at ‘pivotal juncture’

Hosting the bloc for just the third time in 25 years, China is promoting people-centred policies, infrastructure funding and predictability.

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People take pictures at the Bund waterfront area in Shanghai, which is hosting a two-day Finance and Central Bank Deputies’ Meeting. Photo: EPA-EFE
China’s private sector

China raises taxes on select sectors: a one-off fix or tough times ahead?

A broader push to raise taxes across the private sector is not on the cards, economists say.

China’s three state-owned telecoms giants – China Mobile, China Unicom and China Telecom – have all announced the tax adjustments will have an impact on their revenues and profits. Photo: AP
China trade

Opinion | Surging stocks could help China become more than an export powerhouse

A booming Chinese stock market can expand household wealth, boost spending power and reinforce consumer sentiment.

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China energy security

Shanxi’s green leap: renewables surpass coal in China’s energy hub

Where Shanxi goes, China goes, in their broad energy overhaul, as the region with a quarter of the nation’s coal serves as the ultimate proving ground for Beijing’s ‘dual carbon’ strategy.

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Currencies

Editorial | China well placed to take advantage of the shift away from the US dollar

A stable and strong yuan has international appeal, just as a reliable and strong China is being seen as the rock on which the global system should be rebuilt.

President Xi Jinping has spelled out his vision for the renminbi as a “powerful currency” with a global reserve status while being widely used in world trade, investment and foreign exchange. Photo: EPA-EFE
China’s private sector

China’s gold trading hub on edge: what is happening – and why now?

Uncertainty spreads in Shuibei as second platform falters, spooking investors.

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China airliners

How a regulatory change could help China’s C919 jet take on Airbus and Boeing

Chinese regulators have opened the door to letting the C919 use narrow runways, which could boost the plane’s prospects in Southeast Asia.

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China GDP

China’s financial powerhouse Shanghai aims for 5% growth, ‘global influence’

Chinese megacity ranks in the world’s five most powerful metros after New York, Tokyo and Los Angeles, with a GDP of 5.67 trillion yuan.

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People walk at the Bund by the Huangpu river with skyscrapers of the Lujiazui financial district in the background, in Shanghai. Photo: Reuters
Banking & finance

China’s finance sector rocked by another sudden death amid overwork fears

Shen Xianbing is the latest high-profile figure in Chinese finance to die unexpectedly, as concerns rise over stress and overwork in the industry.

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A giant screen shows the latest stock exchange and economic data in Shanghai. China’s finance sector has seen another sudden death this week, as concerns grow over stress-related health risks in the industry. Photo: EPA
Ageing society

Opinion | China’s real constraint is where to direct limited fiscal resources

With Beijing focusing on spending priorities, Asian investors and businesses must watch which provinces, sectors and state firms are favoured.

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China property

Why Shanghai is buying small older flats to revive its ailing housing market

Pudong, Jing’an and Xuhui districts will lead the programme, which comes amid signs of stabilisation in the secondary market.

China airliners

China’s C919 is a hit at home. Will it be a ‘hard sell’ in Singapore?

China’s C919 could be the only single-aisle jet to feature in a fly-by at this year’s Singapore Airshow, one source says.

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China’s Comac C919 plane, top, and six Pilatus PC-21 aircraft, down, perform during a preview of the 2024 Singapore Airshow in Singapore. Photo: AFP
China travel

China’s expat pilots arrived on a red carpet – now, they’re taking a red-eye out

Well-paid foreign pilots once flocked to Chinese airlines – but winds have shifted as domestic talent steps up and airlines limit fleet expansions.

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Illustration: Henry Wong
China-Latin America relations

China’s Chalco, Rio Tinto buy Brazil’s CBA for US$886 million to secure minerals

Acquisition of Brazilian flagship aluminium firm reinforces China’s growing footprint in the country’s strategic mineral assets sector.

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China's population

China’s brain gain: overseas grads plug into domestic frontiers, powering future

Record jump in returnees seen reflecting confidence in some domestic opportunities, particularly in areas such as AI, advanced manufacturing.

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