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China Economy

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At the autumn edition of China’s largest trade exhibition, the country’s electric vehicles and green tech were among the most popular attractions. Photo: Xinhua

Global Economy

Tariffs no roadblock for Chinese EVs at Canton Fair as overseas buyers swarm

Though Western tariffs on China-made electric vehicles are a concern, overseas interest in new models remains high at opening of Canton Fair.

EU braces for trade blows, Trump doubles down on China: 7 EV reads you missed

China looks to fix problems for debt-ridden authorities with water tax reforms

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Policy

Exclusive | Chinese economist calls for mega stimulus in excess of 2008’s 4 trillion yuan

Outspoken Chinese economist Yu Yongding says bigger is better for stimulus package – and the details should be revealed as soon as possible.

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=== PHOTO CAPTURED FROM WEIBO === The comments from Yu Yongding, an outspoken economist at the Chinese Academy of Social Sciences, came as a growing number of academics and advisers openly express worries about the safety of China’s overseas assets. WEIBO
=== PHOTO CAPTURED FROM WEIBO === The comments from Yu Yongding, an outspoken economist at the Chinese Academy of Social Sciences, came as a growing number of academics and advisers openly express worries about the safety of China’s overseas assets. WEIBO

Global Economy

The US and EU are shutting out China’s green tech. Australia wants more. Why?

Unlike its allies in the West, Australia has kept its doors open to Chinese and green tech. What accounts for this divergence?

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China Economy

How big is Beijing’s war chest, and why does a stimulus figure remain elusive?

Some prominent economists have called for China to roll out a stimulus plan worth 10 trillion yuan, but the real number is anyone’s guess as prudence is at play.

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Global Economy

Chinese economists call for reforms of ‘critical’ system after Nobel Prize

The winners of this year’s Nobel Prize in economics published extensively on the relationships between political and economic institutions and wealth.

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Members of the Nobel assembly announce the 2024 prize in economics, awarded to Daron Acemoglu, Simon Johnson and James A Robinson, seen on screen, during a press conference in Stockholm on Monday. Photo: TNS

China Economy

China’s solar firms eye ‘self-salvation’ amid burning rivalry, growing threats

China Photovoltaic Industry Association trade group held a day-long forum in Shanghai on Monday amid increasingly ‘vicious’ competition at home.

A worker producing solar photovoltaic modules that will be exported at a factory in Yangzhong, in China’s eastern Jiangsu province. Photo: AFP
A worker producing solar photovoltaic modules that will be exported at a factory in Yangzhong, in China’s eastern Jiangsu province. Photo: AFP

Policy

China’s top 500 private firms cut over 300,000 jobs in 2023, report shows

All-China Federation of Industry and Commerce report shows China’s top 500 private enterprises cut 314,600 jobs in 2023 compared to a year earlier.

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Global Economy

Why US hi-tech chip restrictions could be barrier China ‘never breaks through’

As Washington moves to close loopholes, how will Chinese leaders secure access to the technology destined to power the future?

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Economic Indicators

Explainer | 7 takeaways from China’s trade, inflation data in September

China’s exports grew in September, but the expansion was lower than expected, while deflation concerns persisted.

Staff members watch over the loading of containers at Nanning International Railway Port in Nanning, south China’s Guangxi Zhuang autonomous region. Photo: Xinhua

China Economy

Wild swings in China’s stock market create climate of uncertainty for investors

After a frenzy in China’s stock market – and the subsequent comedown – small investors are left with losses and hopes for a turnaround.

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Volatility in China’s stock markets, fuelled by sweeping policy changes, have left some investors weary of the ride. Photo: Bloomberg
Volatility in China’s stock markets, fuelled by sweeping policy changes, have left some investors weary of the ride. Photo: Bloomberg

China Business

Shanghai, Hong Kong ports lag global peers on services, CY Leung says

‘Drawbacks are obvious’, and both cities must upgrade to ‘wield more influence’ in global shipping, says Hong Kong’s former chief executive.

Policy

Explainer | Who makes China’s stimulus decisions, and what’s the procedure?

What has changed since China rolled out a 4-trillion-yuan stimulus package in 2008, and why a concrete stimulus figure now remains elusive.

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Global Economy

China eyes route for C919 into Southeast Asia, with landlocked Laos on the radar

China said it appreciated Laos’ interest in and intention to cooperate on Chinese commercial aircraft without naming the C919 or ARJ21.

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Comac’s C919 and ARJ21 at Van Don international airport in Vietnam. Photo: Facebook/Van Don International Airport

Economic Indicators

‘Wake-up call’ for China’s exports as growth slows in September

China’s September exports rose 2.4 per cent from a year earlier, underperforming against projections, while imports rose by 0.3 per cent.

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Staff unloaded cartons from a truck. Photo: Xinhua
Staff unloaded cartons from a truck. Photo: Xinhua

Property

China stimulus lifts property sentiment in bigger cities; durability questioned

Growth in new home transactions during the holiday period was especially pronounced in Beijing, Guangzhou and Shenzhen.

Global Economy

Open questions | Nobel laureate on Trump’s ‘danger’ to US, election’s impact on China ties

Kamala Harris and Donald Trump likely to increase tariffs on Chinese imports, Nobel laureate says, but former president threatens ‘every dimension’ of US economy.

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China

Chinese vice-premier urges more ‘white list’ lending to stabilise housing market

He Lifeng calls for efforts to help China beat property sector slump, which has been a stumbling block to economic recovery.

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China’s troubled property has seen a glimmer of hope as Beijing rolled out measures intended to stimulate consumption, investment and property sales ahead of the National Day public holiday earlier this month. Photo: Bloomberg

Economic Indicators

China’s September consumer inflation lower than expected despite easing measures

China’s consumer price index grows by 0.4 per cent year on year in September, while the producer price index slips by 2.8 per cent.

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A customer exits an Apple store in Shanghai, China, on Wednesday. Consumers in the country are holding back on spending as the labour market remains weak and a property slump drags on. Photo: Bloomberg
A customer exits an Apple store in Shanghai, China, on Wednesday. Consumers in the country are holding back on spending as the labour market remains weak and a property slump drags on. Photo: Bloomberg

China Economy

Can an ageing, shrinking China still achieve prosperity?

Growing elderly population another conundrum for Chinese policymakers grappling with high youth unemployment and ‘ultra-low’ fertility.

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Diplomacy

Can joint ventures fix China’s trade imbalance with the EU and US?

Chinese investment abroad is ‘only way’ to ease Beijing’s trade surplus, says leading researcher in wake of Brussels’ EV tariff vote.

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Policy

China’s investors left wanting after ministry keeps mum on stimulus plan

Without measures to excite a volatile market, a high-profile conference from China’s Ministry of Finance leaves investors disappointed.

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China’s investors did not get the news they were hoping for after a Ministry of Finance press conference. Photo: Getty Images
OPINION
Michael Heng

Opinion | 4 steps China can take to revive and future-proof its economy

Michael Heng
4
Zhou Xin

My Take | Unusual draft law signals China’s resolve to protect private economy

Zhou Xin
Perry Wong,Yeen Chong

Opinion | China pushes ahead on its long march to become a global tech leader

Perry Wong
Yeen Chong
Anthony Cheung

Opinion | There’s hope for China’s economy, as long as planners can ‘let go’

Anthony Cheung
Dani Rodrik

Opinion | Which US and Chinese policies fail the beggar-thy-neighbour test?

Dani Rodrik
Xu Ying

Opinion | China’s path to sustainable growth goes beyond economic stimulus

Xu Ying
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