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China Economy

Exclusive | Economist Jin Keyu on why the trade war is still a ‘gift for China’

Jin Keyu of the London School of Economics shares why she thinks the concepts of the ‘middle-income trap’ and ‘overcapacity’ are overblown.

Jin Keyu of the London School of Economics says the frequently invoked ideas of a ‘middle-income trap’ and ‘overcapacity’ are overblown.

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China’s low-priced EVs reign in Spain, make gains in Europe’s lanes

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DHL riding China’s export wave with millions in new investments

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Global Economy

China won’t budge as it resists EV tariffs from EU, state broadcaster says

A social media account associated with China’s pre-eminent state TV network has come out hard against the EU’s electric vehicle tariffs.

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China’s booming electric vehicle trade has been a flashpoint in relations with the EU, as the bloc has imposed new tariffs on imports. Photo: Xinhua
China’s booming electric vehicle trade has been a flashpoint in relations with the EU, as the bloc has imposed new tariffs on imports. Photo: Xinhua
Global Economy

Moscow fuel giant EuroTrans may equip China-Russia expressway for charging EVs

EuroTrans hopes electric vehicles - most from China - will be able to drive from Moscow to Beijing, but analyst says brutally cold winters could be an issue.

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Global Economy

Explainer | What, where, how: the next 10 years of China’s evolving Belt and Road Initiative

With focus of global trade plan shifting, gone may be the days when huge infrastructure projects left partner countries holding a big bill and facing environmental implications.

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Global Economy

‘Tenuous’ link between uneven China-US trade, industrial policy: IMF economists

International Monetary Fund report released on same day China’s Ministry of Commerce unveiled its findings on US compliance with the World Trade Organization.

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Washington has delayed the imposition its tariffs on a range of made-in-China products, including electric vehicles (EVs). Photo: EPA-EFE
China Business

Beijing urges EV makers to avoid investing in India and Turkey

Chinese EV makers’ drive to go global hit a snag after Beijing urged them to avoid investing in countries like India and Turkey.

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BYD EVs in a factory in Rayong, Thailand. Photo: Reuters
BYD EVs in a factory in Rayong, Thailand. Photo: Reuters
Global Economy

Confidence of US firms in China wanes as record numbers cut investments

AmCham Shanghai’s business-climate survey flags concerning trends while expressing hope that Washington eases up on tariffs and helps stabilise relationship.

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Global Economy

‘Why China?’ EU business group says strategic rethink may be in order

The EU Chamber of Commerce’s annual position paper warns that problems facing members could be ‘permanent features’ in China operations.

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Global Economy

Chinese companies navigate challenges in hunt for EV metals in Latin America

Latin American countries, such as Chile, Bolivia, Mexico and Peru, are placing extra scrutiny on overseas investment in their lithium industries.

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Aerial view of brine ponds and processing areas of the lithium mine of the Chilean company SQM in the Atacama Desert, Calama, Chile. Photo: AFP
Economic Indicators

Explainer | Can China’s export momentum last? 5 takeaways from August trade data

China’s exports rose 8.7 per cent from a year earlier in August, while imports were up by 0.5 per cent.

Shipping containers are stacked high at the Port of Los Angeles. Photo: TNS
Shipping containers are stacked high at the Port of Los Angeles. Photo: TNS
Global Economy

China’s EV makers must overcome trust gaps to charm global buyers, survey says

A consumer survey from Ernst & Young shows China’s electric vehicle makers should draw on their products’ cost advantages to make headway overseas.

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Economic Indicators

China’s exports show ‘strong competitiveness’ in August, but challenges remain

China’s exports rose by 8.7 per cent from a year earlier in August, while imports rose by 0.5 per cent last month.

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Markets

Alibaba rally, China export surprise lift Hong Kong stocks

Hong Kong stocks edged up on an Alibaba rally and strong export data from China, while mainland developers tumbled.

Outside Hong Kong’s stock exchange. Photo: SCMP/Jonathan Wong
China Economy

China’s AI integration ‘advancing rapidly’ as it plays catch-up with US

A friendly market and broad applications of artificial intelligence are seen giving China a leg up as the race for AI supremacy intensifies.

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People attend the 24th China International Fair for Investment and Trade (CIFIT) in Xiamen, Fujian province, on Sunday. Photo: Xinhua
People attend the 24th China International Fair for Investment and Trade (CIFIT) in Xiamen, Fujian province, on Sunday. Photo: Xinhua
Global Economy

Exclusive | Saudi Arabia ‘open’ to petroyuan, closer China ties, minister says

Saudi Arabia’s minister of industry has said his country is willing to ‘try new things’ in its relationship with China, and that Chinese companies are ‘welcome’ to invest.

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Global Economy

Global impact | Amid challenges and threats from China, Japan also faces uncertainties at home

In this week’s issue of the Global Impact newsletter, we take an in-depth look at Japan’s problems at home and abroad.

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China Economy

Dough strips in Düsseldorf? Chinese tourists seek hidden gems on social media

Chinese social media platforms, such as Xiaohongshu and Douyin, are shaping how people travel abroad.

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Xiaohongshu, with about 212 million monthly active users in China as of June, has become the most heavily used travel platform among people aged 24 to 30. Photo: Shutterstock
Global Economy

China raises US tariff ‘concerns’ as commerce officials meet in Tianjin

Points raised included trade sanctions, two-way investment curbs and ‘unfair treatment’ of Chinese firms in the US, commerce ministry says.

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Chinese commerce vice-minister and international trade representative Wang Shouwen with US under secretary of commerce for international trade Marisa Lago, in Tianjin on Saturday. Photo: Handout
Chinese commerce vice-minister and international trade representative Wang Shouwen with US under secretary of commerce for international trade Marisa Lago, in Tianjin on Saturday. Photo: Handout
Global Economy

China rolls out new Africa financing, staying course despite slowdown at home

China has reaffirmed its aid and loan commitments to Africa even as its economy slows, showing its eye remains on the bigger picture.

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China Economy

China’s BeiDou system is now a match for GPS. Will the world enter its orbit?

China’s BeiDou navigation system now equals the US’ GPS, and even beats it in some regions. Will the world welcome an alternative?

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Global Economy

China widens trade battlefield with precedent-setting Canada dispute

In a just-announced investigation into Canada’s ‘discriminatory’ tariffs on EV imports, China has cited new legal language as justification.

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China has vociferously objected to Canada’s announcement of 100 per cent tariffs on Chinese elecrtic vehicles. Photo: Reuters
OPINION
Patrick Lau

Opinion | Hong Kong should be on the front lines of climate finance

Patrick Lau
Dani Rodrik

Opinion | Can world tackle climate crisis, boost middle class and cut poverty?

Dani Rodrik
Marina Yue Zhang

Opinion | The US and China must avoid dropping a ‘Silicon Curtain’

Marina Yue Zhang
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Elina Noor

Opinion | Southeast Asia is starting work of fixing a broken world order

Elina Noor
Magsud Mammadov

Opinion | How Azerbaijan’s strategic reach for Brics will benefit China too

Magsud Mammadov
Anthony Rowley

Macroscope | Gold is still the safe haven of choice in Asia and beyond

Anthony Rowley
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MULTIMEDIA
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Chinese consumers are tightening their belts: What does that mean for the rest of the world?

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Why the EU, US are concerned about China’s overcapacity

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Tourism trouble: post-pandemic hurdles of China travel

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America’s threat to drop trade rule may hurt China, Temu and itself

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