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Jerome Powell, chairman of the US Federal Reserve, announced a cut to its benchmark interest rate on Wednesday. Photo: Bloomberg
Global Economy

Dump or buy more? China’s holding of US debt in spotlight after Fed’s rate cut

Continued diversification of reserve portfolio may be in order, but into what, and at what speed, are pressing questions.

Continued diversification of reserve portfolio may be in order, but into what, and at what speed, are pressing questions

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Will start of US rate cuts bring tailwinds to lift China’s economic sails?

China-Russia trade inches up as US sanctions and payment issues strain growth

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China Economy

Explainer | China has raised its retirement age. How does this compare to other countries?

Recently announced increases to China’s retirement age have received global attention – but what have other countries done?

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China has raised its retirement age for the first time in over 50 years. Photo: Bloomberg
China has raised its retirement age for the first time in over 50 years. Photo: Bloomberg
Global Economy

China trade tased from all sides, backing Beijing into economic bind: analysts

‘The risk of intensifying trade wars is very real’.

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Policy

China urged to protect firms, supply chains by safeguarding overseas interests

Study Times front-page article says China must extend its national security mechanisms to protect its interests overseas amid rising tensions.

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Global Economy

China, Thailand aiming to create ‘ecosystem using digital technologies’

Digital Economy Promotion Agency of Thailand collaborating with Shenzhen and Hangzhou, as well as Guangxi and Yunnan provinces.

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A visitor takes photos of a 5G sign during an achievement exhibition of the 2023 Global Industrial Internet Conference in Shenyang, Liaoning province. Photo: China News Service via Getty Images
Global Economy

China-Philippine flights to get wings clipped amid low demand, geopolitics

An expected reduction in routes between China and the Philippines comes as post-pandemic demand has not taken off, while their maritime dispute has also chilled travel.

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Philippine-based Cebu Pacific’s president has said his airline would not restore Beijing flights because air travel had fallen short of pre-pandemic demand. Photo: Shutterstock
Philippine-based Cebu Pacific’s president has said his airline would not restore Beijing flights because air travel had fallen short of pre-pandemic demand. Photo: Shutterstock
Global Economy

When will China respond to Fed rate cut as economic problems mount?

US Federal Reserve expected to lower its benchmark borrowing rate, which could give China room to ease.

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China Economy

Open questions | 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

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Global Economy

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

Beating competitors on price, China’s electric vehicles have made headway in Europe – but tariffs and trade scrutiny may slow their advance.

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Chinese electric vehicles have become a more common sight on European streets, as their competitive prices attracted consumers before the institution of new tariffs. Photo: AP
Global Economy

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

The cargo forwarder will expand operations, as China’s strong export figures suggest the holiday season will buoy industry through 2024.

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Cargo forwarder DHL is anticipating a strong season to end the year, buoyed by China’s sustained export growth. Photo: AFP
Cargo forwarder DHL is anticipating a strong season to end the year, buoyed by China’s sustained export growth. Photo: AFP
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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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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A family rides past a decoration in the shape of the national flags of China and Pakistan ahead of a visit to the capital city of Lahore by Chinese Vice-Premier He Lifeng in July last year to mark the 10th anniversary of a mega economic plan that is the cornerstone of Beijing’s Belt and Road Initiative. Photo: AFP
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
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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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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An employee works at an automotive-parts workshop in China’s Jiangsu province earlier this year. A survey has found that European Union firms operating in the country are most pessimistic about the automotive sector. Photo: Getty Images
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
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.

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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A cargo ship berths at Qianwan Port in Qingdao, Shandong province. Photo: Xinhua
OPINION
Weijian Shan

Opinion | Why it’s time Hong Kong joined China’s currency zone

Weijian Shan
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
MULTIMEDIA
Video

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

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Video

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

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Video

Tourism trouble: post-pandemic hurdles of China travel

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Video

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

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