Economy /

China Economy

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Belt and Road Initiative
Asia housing and property
US-China trade war
Rare earth metals are mined in China’s Jiangxi province. Some such metals, including antimony, are used in a variety of military applications. Photo: Reuters
China trade

China wielding rare earths in trade war seen as ‘strong message’ to Washington

Beijing’s banning of critical minerals and targeting US market seen as ‘strong message to Washington that it is not afraid to further escalate the trade war’.

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China technology

China calls for overseas education ventures in push for tech advancement

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Commodities

Gold discoveries show how China’s mineral search is yielding precious prospects

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US-China relations

US small businesses continue pleas for China tariff relief under Trump

In a new book, a US trade specialist says American firms still hope for the undoing of some China tariffs to help their business.

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Donald Trump’s imminent second term is all but certain to feature higher tariffs on goods from many nations, particularly China. Photo: Reuters
Donald Trump’s imminent second term is all but certain to feature higher tariffs on goods from many nations, particularly China. Photo: Reuters
China’s C919 passenger plane

Chinese aircraft firm Comac hopes to double production of C919s this year

The state-owned company has a target of delivering 30 planes this year, scaling back a more ambitious target announced last year.

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China manufacturing

Is low-tech vocational education hindering China’s hi-tech ambitions?

Few teachers have practical workplace experience, with limited opportunities in high-end manufacturing.

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China jobs

More jobs, more FDI: China sets out 2025 missions as external headwinds loom

Premier Li Qiang calls for all-round jobs support as commerce ministry vows to further open up telecoms, medical care and education sectors.

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A packed job fair in the Chinese city of Wuhan in December. The jobless rate for the 16-24 age group has been a key concern for China in recent years. Photo: China News Service via Getty Images
A packed job fair in the Chinese city of Wuhan in December. The jobless rate for the 16-24 age group has been a key concern for China in recent years. Photo: China News Service via Getty Images
China trade

Discovery of massive rare earth deposit in Yunnan a boost for China

China Geological Survey says deposit has potential resources of 1.15 million tonnes, including more than 470,000 tonnes of key rare earths.

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Macau

Wynn looks to Vegas to help revamp Macau’s US$28 billion casino economy

Macau seeks to source 60 per cent of its revenues from non-gaming sectors by 2028, from 20 per cent at present.

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China GDP

IMF raises China’s 2025 GDP forecast by a hair, cites stimulus effects

The US also sees a bump in expected economic growth, and IMF says this could help keep global growth steady amid downward revisions elsewhere.

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The International Monetary Fund expects that China’s stimulus measures will help offset the impact of a property market downturn on the nation’s economic growth in 2025. Photo: AFP
China manufacturing

China rebuffs US criticism of its world-leading shipbuilders

Ministry of Commerce urges Washington to ‘stop blaming China for US domestic industrial-development problems’.

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Ships are under construction in Taicang, Jiangsu province, on Thursday. Photo: AFP
Ships are under construction in Taicang, Jiangsu province, on Thursday. Photo: AFP
China GDP

China logs 5% GDP growth in 2024 as exports, stimulus provide year-end boost

Driven by stimulus, an economic rebound in the last quarter helped China hit its GDP target, and signs point to a similar goal in 2025 despite challenges.

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China's population

China’s population drops for third year in a row despite uptick in births

Though China’s birth rate rose this year after an all-time low in 2023, the country’s overall population continued its decline.

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China property

Home prices in China’s biggest cities stabilise under stimulus measures

Prices across 70 major cities fell in December by the smallest percentage in 18 months, and prices in the four biggest metropolises rose.

Residential buildings are pictured in Shanghai on September 29, 2024. Photo: Reuters
SCMP Highlights

Li Ka-shing gives Disneyland tickets, RedNote’s US challenge: 7 highlights

From Li Ka-shing giving free Disneyland tickets to Hong Kong helpers to RedNote’s US challenges, here are a few highlights from SCMP’s recent reporting.

Li Ka Shing Foundation has partnered with Hong Kong Disneyland Resort to sponsor 4,200 foreign domestic workers for a day at the park. Photo: Handout
Li Ka Shing Foundation has partnered with Hong Kong Disneyland Resort to sponsor 4,200 foreign domestic workers for a day at the park. Photo: Handout
China GDP

China meets annual GDP target with 5% growth in 2024 – as it happened

The National Bureau of Statistics published GDP and population numbers for 2024, data that will inform policy decisions for the year ahead.

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China trade

Explainer | Could China lose permanent normal trade relations status with US?

The US can revoke a country’s trade advantages due to national security concerns.

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China's economic recovery

Top China political adviser, Wang Huning, reaffirms support for private economy

Private firms in China are bracing for a year filled with challenges and uncertainties.

China’s No 4 political figure, Wang Huning (front), attends a high-level meeting on industrialisation and agricultural modernisation in September. Photo: Getty Images
China’s No 4 political figure, Wang Huning (front), attends a high-level meeting on industrialisation and agricultural modernisation in September. Photo: Getty Images
Yuan

China’s yuan on the rise in oil trade, but petrodollar here to stay: report

Helped by digital yuan and advancements in financial tech, more yuan-backed transactions are taking place in crude settlement.

China's economic recovery

Minimum wages being raised across China in effort to boost spending

Sizeable middle- and low-income groups seen as key to expanding domestic demand and stimulating economic growth.

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Xinjiang

China hits back at US curbs with multifront probes into American firms

Parent company of Calvin Klein and Tommy Hilfiger; chemical-compound exporters; and US chip companies are on radar of China’s commerce authorities and subject to possible retaliation.

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An employee works at a factory in China’s Xinjiang Uygur autonomous region. Xinjiang cotton has been in the global spotlight since 2020. Photo: Getty Images
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OPINION
Zhou Xin

My Take | China’s tech upgrade keeps export machine roaring despite US tariffs

Zhou Xin
Wang Xiangwei

Opinion | Trump’s tariffs might be just what China’s ailing economy needs

Wang Xiangwei
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Chris Rowley

Opinion | China’s work culture must change to give young people hope again

Chris Rowley
Bernard Chan

Opinion | China will rein in vicious competition at the root of its overcapacity

Bernard Chan
5
Nicholas Spiro

Macroscope | China needs urgent action to spark consumption and avoid Japan’s fate

Nicholas Spiro
Lizzi C. Lee

Opinion | Why Trump’s return opens door for China to reform capital markets

Lizzi C. Lee
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