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China's economic recovery

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China's economic recovery
This topic charts China's economic recovery as it, in 2023, enters an era of slower growth, along with an ageing and shrinking workforce, weak consumer demand and a property market downturn.
Open Questions series

Scholar Jing Qian on right-sizing China’s economy in the age of Trump

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Illustration: Lau Ka-kuen

US-China rivalry doesn’t have to be a zero-sum game: Jessica Chen Weiss

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Illustration: Victor Sanjinez

China’s rise, potential recession, no WWIII yet: 11 key interviews from 2024

Illustration: Victor Sanjinez

Why eco-warrior Ma Jun sees hope for China’s role in Cop29 amid US uncertainty

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Illustration: Lau Ka-kuen

Historian on why we aren’t heading towards WWIII yet and how wars have changed

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Illustration: Lau Ka-kuen

China’s evolving role in Middle East conflicts, according to an academic

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Illustration: Victor Sanjinez

Scholar Jing Qian on right-sizing China’s economy in the age of Trump

videocam
40
Illustration: Lau Ka-kuen

US-China rivalry doesn’t have to be a zero-sum game: Jessica Chen Weiss

videocam
29
Illustration: Victor Sanjinez

China’s rise, potential recession, no WWIII yet: 11 key interviews from 2024

Illustration: Victor Sanjinez

Why eco-warrior Ma Jun sees hope for China’s role in Cop29 amid US uncertainty

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4
Illustration: Lau Ka-kuen

Historian on why we aren’t heading towards WWIII yet and how wars have changed

videocam
32
Illustration: Lau Ka-kuen

China’s evolving role in Middle East conflicts, according to an academic

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13
Illustration: Victor Sanjinez
MORE FROM THIS SERIES
A foreign tourist poses for a photo with a performer at the Tianjin International Cruise Home Port in Tianjin on Thursday. Photo: Xinhua
China consumption

China’s Labour Day travel boom bodes well for spending, but box office fizzles

Visa-free entries and generous tax refunds for inbound travellers are helping to shore up tourism at a time when the economy needs a jolt.

US-China relations

Editorial | Xi answers trade war with hi-tech strategy to fuel development

China economy

How will new law help protect China’s private sector?

US-China relations

Opinion | US-China trade war has left ordinary people stuck in the middle

The implication that Chinese people’s aspirations for prosperity must be curtailed to preserve American primacy is deeply problematic.

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Illustration: Craig Stephens
China economy

New law to protect China’s private enterprise can spur greater growth

Firms have been at the mercy of opaque rules that have stifled innovation and development; that is now to change with greater legal clarity.

China’s Communist Party

Stay alert to external forces, Xi Jinping says as China embarks on 5-year planning

Xi highlights need to keep eye on global developments as the country sets its next development goals.

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China property

Vanke’s quarterly loss deepens to US$860 million despite state support

The loss stemmed mainly from declines in home settlements and gross margins, Vanke said.

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Vanke has 26.3 billion yuan of onshore and offshore bonds maturing this year. Photo: AFP
China manufacturing

China’s factory activity contracts as tariffs darken trade landscape

China’s purchasing managers’ index for April comes in at 49, falling short of expectations as US tariffs begin to bite.

China’s private sector

China passes private sector law, addressing gripes of beleaguered businesses

The highly anticipated law aims to inject dynamism into China’s private sector amid a trade war with the United States.

US-China trade war

China’s Xi dials up tech push, Global South solidarity as US tariff war deepens

Choice of Shanghai as first stop since trade war worsened underlines commitment to boosting core advantages to tackle external pressures.

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President Xi Jinping visits an industrial estate for AI start-ups as part of his inspection trip to Shanghai on Tuesday. Photo: Xinhua
China economy

Opinion | How China is turning Trump’s tariffs into an opportunity

Beijing’s drive to boost domestic demand will help it weather trade tensions as well as improve ties with major trading partners.

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Illustration: Craig Stephens
China economy

Editorial | Strategy of China’s Politburo sends right message to US in trade war

By rejecting bullying without closing door to negotiations, Beijing remains resolute on growth target and determination to protect economy.

China energy security

China amps up nuclear ambitions with 10 new reactor approvals

China’s third-generation Hualong One reactors will be among those built in some coastal provinces, and each can meet the energy demands of 1 million people.

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US-China trade war

China moves to protect economy from trade war, vows to hit 5% growth target

Beijing announced new measures to protect jobs and boost consumption, while insisting it was ‘fully confident’ of achieving its economic goals.

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China says it remains “fully confident” of hitting its economic growth targets despite an ongoing trade war with the United States. Photo: Xinhua
US-China trade war

Exclusive | How China came up with a game plan to survive a Trump 2.0 trade war

Officials in Chinese agencies and state firms started working on a playbook long before the US presidential elections in November.

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The extent of the US tariffs and the real prospect of decoupling exceeded some expectations, in Beijing, some sources say. Photo: EPA-EFE
US-China trade war

US firms cautious about investing in China amid rising tensions, AmCham says

Many American companies no longer prioritising Chinese market despite Beijing’s efforts to woo foreign investors, new report finds.

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US-China trade war

As US tariffs hit, China wants exporters to sell domestically – but can they?

Beijing has announced measures to support firms hurt by US tariffs, but businesses warn of challenges in domestic market.

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US-China trade war

US has less leverage with China on tariffs than it expects: business advocate

Former US consul general in Shanghai Sean Stein says Beijing too may have underestimated its competitor in assuming US cannot be flexible.

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Amid the tariff war, Sean Stein, president of the US-China Business Council, says Beijing has “been predicting this day and preparing for this day since at least mid-2018”. Photo: AFP
US-China trade war

China puts onus on stability as Beijing vows domestic support amid US trade war

China’s Politburo says authorities will roll out specific plans to companies and individuals affected by the trade war.

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International Monetary Fund (IMF)

China should boost consumption to offset slowdown and US trade war, IMF says

Having cut China’s growth forecast, fund officials also suggest stronger social protections and doing more to address property sector woes.

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Banking & finance

China’s wealthy are hoarding cash amid an uncertain economy, survey finds

Chinese high-net-worth investors are wary of taking risks during a period of intense turbulence.

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China’s high-net-worth investors are parking their money in cash and near-cash products amid a period of economic turbulence, according to a new report. Photo: Reuters
China’s economic stimulus

Explainer | How China is expanding and accelerating its ‘special bonds’ programme

Beijing is issuing more ultra-long-term government bonds as it strives to shore up the Chinese economy amid an intensifying US trade war.

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China plans to issue special government bonds worth more than US$170 billion this year, as it seeks to shore up the economy amid an intensifying trade war with the United States. Photo: AFP
China manufacturing

‘Harder you work, less you gain’: China state media slams excessive competition

Economic Daily commentary says ‘neijuan’ – a self-defeating cycle of too much competition – is still prevalent and poses a threat to sustainable growth.

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US-China relations

Editorial | China defies trade war doubters with bumper turnout at Canton fair

Deals with US buyers may be few and far between, but the rest of the world is out in force to buy the country’s goods.

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China GDP

Is Jiangsu province closing in on Guangdong’s economic crown?

Property sector woes have outsize impact on southern province that pioneered reform and opening up.

An LED light assembly line at a Wosen factory in Zhongshan, Guangdong province, on Thursday. Photo: AFP
China GDP

IMF slashes GDP growth estimates for China, US and world as trade tensions rise

Outlook for American economy this year took a hit during the first quarter, according to the latest World Economic Outlook report.

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Shipping containers are seen stacked at a port in Shanghai on Sunday. The International Monetary Fund now expects China’s economy to grow by just 4 per cent this year as trade tensions with the United States persist. Photo: AFP
China economy

Opinion | More of China’s spending power needs to be unleashed. Here’s how

Childcare, healthcare and elderly care are precisely the parts of China’s consumer demand that remain significantly untapped.

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China’s private sector

China adds 1.98 million private firms in first quarter as calls for support rise

Top market regulator says 40 per cent of business registrations from January-March were in emerging sectors and new technologies.

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