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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 job fair at Harbin University of Science and Technology in Harbin, Heilongjiang province, last month. Photo: Xinhua
China jobs

China warns university students about lucrative job offers from foreign spies

Data processing or research jobs promising easy money could be ‘traps’ aimed at illegally collecting sensitive information, ministry says.

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Semiconductors

Samsung weighs China overhaul as local rivals pile on the pressure

China trade

‘Cancelling orders’ in China: Hormuz oil crisis hits transport and manufacturing

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China education

Vocational schools a new front as China backs businesses’ global expansion

Earlier programmes focused on infrastructure, but new wave is shaped by demand in e-commerce, digital services and advanced manufacturing.

Illustration: Henry Wong
Artificial intelligence

Opinion | China’s next growth engine? An AI-powered intelligence dividend

Instead of factories and people, China’s economic growth may increasingly be powered by code and digital workers that do not tire.

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Artificial intelligence

China’s Li Qiang hosts Moonshot AI chief, urges faster industrial AI roll-out

Beijing signals stronger push to embed AI in manufacturing as premier meets rising start-up founders and industry leaders.

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China energy security

Why China’s green energy strategy may shield it from the Iran war oil shock

As war in the Persian Gulf triggers volatility in global oil markets, Beijing sees its energy system as a stabilising force.

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Employees work on the production line of solar panels at a workshop of Jiangsu DMEGC New Energy on February 25, 2026, in Sihong county, Suqian city, in China’s Jiangsu province. Photo: VCG via Getty Images
United States

Popeyes returns to Beijing after 24 years, as global chains eye China growth

Brand aims to open up to 20 stores in Beijing this year after ‘two years of exploration’, mostly in Shanghai, to perfect its model, CEO says.

China manufacturing

Chinese firms in Hungary face a post-election reckoning – no matter who wins

With opposition Tisza party leading in the polls, businesses ponder implications if Orban’s Fidesz party loses 16-year grip on power.

Science

2 years on: China’s ‘desert wheat farms’ show the seeds of success

Chinese project turns sand dunes into cropland to combat desertification and strengthen food security.

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Chinese farmers have grown wheat in the country’s largest desert, Taklamakan, amid ongoing efforts to turn arid deserts into fertile soil and the drive to strengthen food security. Photo: Weibo
China inflation

China’s factory-gate prices rise for first time in 3 years as Iran war bites

The producer price index rose by 0.5 per cent in March, the first increase since 2022, as soaring global commodity prices affected Chinese firms.

A worker fills up a car at a petrol station in eastern China’s Shandong province. Photo: Getty Images
Mainland China

Opinion | Why Latin America is becoming indispensable to China

Latin America fits Beijing’s need for alternative partners with uncomfortable precision. That is a problem for Washington.

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China-Latin America relations

Cattle prices rocket as Brazil set to exhaust Chinese beef quota by May

As Beijing tariff nears, Brazil’s exporters are rapidly reaching their quota for China, forcing South American industry to seek new buyers.

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US, Israel war on Iran

Yuan tokens and oil-linked fees? China experts propose ‘innovative’ Hormuz tolls

Analysts warn Trump’s ‘joint venture’ plan with Iran could formalise grey zone, while Beijing balances roles as mediator, energy importer.

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Shipping vessels sit anchored in Muscat, Oman. The country, which shares control of the Strait of Hormuz with Iran, has no plans to impose fees on ships passing through the strait. Photo: Reuters
Yuan

Conflict catalyst: China’s yuan settlements hit record amid Middle East tensions

Single-day transactions via China’s Cross-border Interbank Payment System surge past 1 trillion yuan as Beijing’s moves to expand the yuan-payment network show signs of paying off.

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People are seen at a booth promoting China’s Cross-Border Interbank Payment System during a financial exhibition in Beijing. Photo: Getty Images
Bonds

Macroscope | Why investors should beware China safe haven narrative amid Iran crisis

While there is reason for optimism, the ceasefire in Iran remains tenuous and the return of inflation is not the kind China wants to see.

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China exports

China strengthens oversight of state-owned assets overseas amid global tensions

A new department will guide state-owned enterprises expanding overseas, as China’s firms look outwards for growth opportunities.

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Banking & finance

More Chinese banks claw back bonuses, cut salaries despite mixed profit recovery

Some lenders are also deferring bonuses and cutting headcount as they tighten their purse strings.

More Chinese banks are detailing how much they clawed back in staff bonuses last year. Photo: AFP
China energy security

China powers up major Southeast Asian solar project amid Iran war shock

The installation boasts more than two million solar panels and comes online as global fossil fuels face unprecedented disruption.

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China-Latin America relations

Chile exposes smuggling ring that shipped US$917m in stolen copper to China

Chilean investigators dismantled cross-border networks after one of largest organised crime operations in South American country’s history.

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US-China relations

US-China ties are critical in dangerous new ‘might-is-right world order’: Dalio

Billionaire investor urges Chinese and US elites to ‘rise above ourselves’ and safeguard global well-being amid a changing world order.

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Ray Dalio, founder of Bridgewater Associates, speaks at The Wall Street Journal’s Future of Everything Festival in May 2024. Photo: Reuters
Banking & finance

As France pulls gold from the US, how can China become the next global gold hub?

Federal Reserve is no longer seen as a ‘safe’ place for nations to store gold as Trump’s unpredictability spooks the world’s central banks.

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Five-tael (190 grams or 6.65 ounces) gold bars are seen at a jewellery store in Hong Kong as China is urged to become a global gold hub as Trump’s instability spooks central banks worldwide. Photo: Reuters
China trade

China enforces new supply chain security rules as Iran war shakes markets

The new regulation makes protecting China’s supply chains a national security issue – and allows Beijing to punish any entities that threaten them.

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China trade

Explaining China’s supply chain security rules

SCMP Plus annotates 18-point regulation issued by China’s State Council providing a legal basis for the country to respond to sanctions and export controls that threaten supply chains.

Electric & new energy vehicles

Chinese carmakers bet on solid-state batteries to drive next EV phase

Carmakers push next-generation battery tech as they chase longer range and improved safety, despite high costs.

Analysts say the technology promises higher energy density, improved safety and longer driving range. Photo: Shutterstock
Banking & finance

‘No alternative but to comply’: investors’ foreign income in China’s crosshairs

Ministry says 11.5% growth in personal income tax revenue partly driven by ‘significant rise in income from share transfers and dividends’.

Some mainland Chinese retail investors are considering shifting their capital to US-based brokerages. Photo: Getty Images/AFP
2026 Trump-Xi summit

Only virtual talks, no new investment push before Xi-Trump summit: Greer

US Trade Representative underscores US seeks substantial tariffs, unhindered rare earth access, and a stability-preserving leaders’ meeting.

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China-Latin America relations

Brazil blacklists China EV giant BYD for its slave labour conditions

Government officials said staff were working excessively long hours while being kept in degrading circumstances in their accommodation.

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