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China Economy

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President Xi Jinping arrives for a meeting with US President Joe Biden on the sidelines of the Apec summit in Lima, Peru, on November 16. Photo: AFP

China Economy

Can Beijing get other countries on its side as Trump challenges loom?

Former World Bank vice-president Zhu Xian says China needs to engage with all possible international stakeholders.

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Unprofitable Chinese EV makers face ‘do-or-die moment’

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Chinese province makes labour pain relief pledge to ease childbirth jitters

Global Economy

China races to stockpile US chips before Trump ramps up sanctions

As more US tech curbs look likely in second Trump term, China’s imports of made-in-America integrated circuits have surged by 60 per cent.

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A central processing unit (CPU) semiconductor chip. Photo: Reuters
A central processing unit (CPU) semiconductor chip. Photo: Reuters

Big Tech

Temu owner PDD sees 10% plunge in pre-market trading despite 44% revenue growth

PDD’s results, including a 66 per cent jump in net revenue, outperformed rivals, but it did not allay investor concerns amid e-commerce competition.

China Economy

An advanced degree in China? Think again, students say, as exam numbers plunge

China’s graduate entrance examination is not seen as the golden ticket to employment that it once was.

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Policy

China unveils plan to guide exporters through tempestuous trade waters

With more external barriers to trade likely to come, China’s commerce ministry announces nine-point plan to aid exporters in tough climate.

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China’s enormous export industry, a major growth driver in the country’s economy, would be hit hard by heightened trade restrictions. Photo: Xinhua

Companies

Is Starbucks seeking help from a partner to regain its perk in China?

Starbucks is ‘working to find the best path to growth, which includes exploring strategic partnerships’, according to a statement.

A queue at a Starbucks cafe in Kunming city, in Yunnan province on 28 April 2011. Photo: ImagineChina.
A queue at a Starbucks cafe in Kunming city, in Yunnan province on 28 April 2011. Photo: ImagineChina.

China Economy

China warns overheated solar industry to cool the competition, curb backlash

Revised ministry guidance serves to pour cold water on a photovoltaic sector that is rife with overcapacity concerns.

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China Economy

China’s stimulus debate reignites questions of who gets what, and how

Better social welfare could increase financial security and encourage spending, while cash handouts could quickly lift consumption, economists say.

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Policy

Reform China’s ‘competitive’ state-ruled industries: senior economic official

Han Wenxiu also stressed the need for breaking down market access barriers and the development of the private sector to advance Chinese-style modernisation.

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A bullet train passes by the Yongdingmen, the Gate of Perpetual Peace in Beijing. Photo: Xinhua

China Economy

Wary of ‘vicious’ events, China makes migrant worker arrears a priority

Social harmony takes centre stage after high-profile killings, and China’s cabinet says the unpaid salaries of migrant labourers require political action.

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China’s migrant workers accounted for about 21 per cent of the population last year. Photo: AFP
China’s migrant workers accounted for about 21 per cent of the population last year. Photo: AFP

China Economy

Chinese economist calls for balance between development, security in US rivalry

Zhang Ming of the Chinese Academy of Social Sciences calls excessive focus on security over development a ‘trap’ worth avoiding.

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Policy

Explainer | What makes China’s ultra-long ‘special bonds’ so special?

China has only issued its ultra-long-term government bonds in special circumstances – here’s why this year qualifies.

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China Economy

Why are consumers in some of China’s smaller cities outspending metropolitans?

People face less daunting financial pressures and lesser debt burdens in smaller Chinese cities, with relatively stable expectations about the future.

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China’s second- and third-tier cities are seeing retail spending bounce back faster than in first-tier cities. Photo: Reuters

Global Economy

Brazilian envoy says Chinese new energy investments welcome

Brazilian diplomat says country’s ‘huge’ potential in new energy makes it an appealing venue for Chinese investment.

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Chinese President Xi Jinping is welcomed by Brazilian President Luiz Inacio Lula da Silva before the start of the 19th G20 Summit in Rio de Janeiro. Photo: Xinhua
Chinese President Xi Jinping is welcomed by Brazilian President Luiz Inacio Lula da Silva before the start of the 19th G20 Summit in Rio de Janeiro. Photo: Xinhua

Policy

Baby boon: far-flung Chinese county splashes cash to boost births

Researcher questions where the money will come from, as well as the sustainability of subsidies amid China’s falling birth rate.

China Economy

Amid property crisis, China must shift from ‘availability’ to ‘quality’: premier

Latest comments show how China’s leadership aims to ‘leverage technology’ and embrace modern advancements to fuel urbanisation drive and boost economy.

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China Economy

China’s stimulus lifts tax revenue for first time this year after policy shift

China’s fiscal revenue rose by 5.5 per cent year on year in October, consolidating a turnaround in September.

An employee counts yuan notes at a bank in Beijing. Photo: AFP

Global Economy

Trump’s new China tariffs could give potent, brief boost to Southeast Asia

Though China tariffs would make factories in Vietnam or Thailand more appealing, analysts said other restrictions could wipe out those gains.

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New China tariffs could benefit countries in Southeast Asia like Vietnam, but those gains could be wiped out with new restrictions on the passage of Chinese goods through third countries. Photo: AFP
New China tariffs could benefit countries in Southeast Asia like Vietnam, but those gains could be wiped out with new restrictions on the passage of Chinese goods through third countries. Photo: AFP

Global Economy

China’s vice-premier pushes trade resilience amid US tariff threat

He Lifeng also pushed for smart transition and integrated development of regional ports in Guangdong province on Sunday.

China Business

BYD set to usurp VW as China’s top carmaker amid surge in EV deliveries

BYD’s total deliveries have exceeded perennial leader Volkswagen’s volume this year through October.

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Global Economy

Russian gas set to power Shanghai by end of 2024 after pipeline completed

Final section of the east-route natural gas pipeline between China and Russia completed seven months ahead of schedule.

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Workers carrying out an inspection of equipment in the gas pipeline network that crosses the Yellow River and deserts in Zhongwei city, Ningxia province, China. Photo: NurPhoto via Getty Images
OPINION
Christopher Tang

Opinion | To respond to a Trump trade war 2.0, China has a few tools at its disposal

Christopher Tang
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Stephen Roach

Opinion | Trump 2.0 is likely to be worse for China and the global economy

Stephen Roach
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Tim Buckley,A.M. Jonson

Opinion | Under Trump, the US will forfeit the global clean tech race to China

Tim Buckley
A.M. Jonson
Janghyuk Lim

Opinion | China can be a force in global aviation if Comac rises to challenges

Janghyuk Lim
Brian Y. S. Wong

Opinion | China can build bridges as Trump’s America builds walls

Brian Y. S. Wong
5
Nicholas Spiro

Macroscope | The most important part of China’s fiscal stimulus? Expectation management

Nicholas Spiro
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