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China economy
Breaking news and analysis on China’s economy, including its opening up, the US-China trade war, the impact of tariffs and trade talks, growth rates and other key economic data, the Belt and Road Initiative, and Greater Bay Area plan.
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last updated:
15 October, 2024
China property
Sunac’s onshore debt deal bodes well for China’s troubled property sector: experts
The deal could ‘provide a viable reference model for other embattled Chinese property developers’.
1 minute ago
Malaysia
Malaysia makes a Trump pivot, seeing risks to its China investments
2 hours ago
US-China relations
Trump says he is mulling 10% tariffs on China imports
3 hours ago
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World Economic Forum
China’s vice-premier says chaotic competition on AI could bring ‘grey rhino’
Ding Xuexiang also tells Davos that Beijing isn’t pursuing a trade surplus and there are ‘no winners in a trade war’.
21 Jan 2025 - 11:45PM
US-China relations
‘We’ll be surprised’ by US-China improvements, Harvard scholar argues in Davos
Graham Allison bucks a trend among analysts warning of worsening ties between the world’s biggest economies, and he does not see Donald Trump as a China hawk.
21 Jan 2025 - 11:04PM
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US-China relations
‘Gradual’ US tariffs on China may foreground Trump-Xi summit: Citi
As Trump’s promised day-one tariffs on China failed to appear, a Citi economist has posited import duties may come slower than expected.
21 Jan 2025 - 7:30PM
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China inflation
Why are Chinese provinces ditching ‘legacy’ 3% CPI target for 2025?
China is facing a rocky road to reflation after its actual CPI growth stayed far below annual control targets, and regional governments appear less hopeful that consumer demand will markedly rise this year.
21 Jan 2025 - 6:39PM
World Economic Forum
Ding warns Davos AI can be ‘Ali Baba’s cave’ or Pandora’s box – as it happened
Vice-premier addressed China’s economic vitality, global cooperation and concerns over artificial intelligence at World Economic Forum in Switzerland.
21 Jan 2025 - 7:44PM
China GDP
China’s leaders put spotlight on tech self-reliance, private sector confidence
At gatherings including figures from tech, Premier Li Qiang urged the industry to serve as a source of economic growth.
21 Jan 2025 - 5:38PM
Yuan
Chinese yuan surges after Trump goes easy on China in inaugural address
The Chinese currency jumped against the US dollar as trade war worries receded, but some fear the gains may be ‘short-lived’.
21 Jan 2025 - 12:44PM
Hong Kong economy
My Take
|
The US$3.2 trillion question: how much of China’s forex reserves for Hong Kong?
The central bank’s pledge to increase reserve holdings of the Hong Kong dollar shows a commitment to the city’s financial hub status.
21 Jan 2025 - 7:00AM
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China technology
China calls for overseas education ventures in push for tech advancement
Overseas universities specialising in science, tech should be sought for joint projects, China says in wide-ranging 10-year education plan.
20 Jan 2025 - 5:23PM
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Commodities
Gold discoveries show how China’s mineral search is yielding precious prospects
Authorities again announce huge findings of gold veins across different Chinese regions, with the help of big data and powerful computing.
20 Jan 2025 - 3:48PM
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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.
20 Jan 2025 - 1:00PM
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Electric & new energy vehicles
China’s EV sales stumble off the line in 2025, raising profit concerns
Deliveries of electric and plug-in hybrid cars on the mainland fell 50 per cent month on month to 206,000 units in the first 12 days of the year.
19 Jan 2025 - 3:00PM
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Smooth Sailing Beerhouse serves up a look at life in China’s 'rust belt'
The tavern in the northeastern province of Liaoning has kept its doors open despite economic hard times, in what local people say is a reflection of their optimism and resilience
20 Jan 2025 - 9:27AM
United States
Macroscope
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Trump’s tariffs look set to backfire but that won’t stop him
While it’s hard to predict the outcome of US president-elect’s nationalist economic strategy, all signs point to self-inflicted damage.
18 Jan 2025 - 5:22AM
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China technology
Editorial
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By putting technology first, China can carry on down growth path
Beijing’s goal of economic restructuring and industrial upgrading is working as it hits its 5% growth target.
18 Jan 2025 - 2:21AM
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.
18 Jan 2025 - 11:51AM
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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.
17 Jan 2025 - 8:00PM
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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.
17 Jan 2025 - 5:32PM
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Mobile payments
Alipay bears cost of system error that applied discounts to user transactions
The system error applied a 20 per cent ‘government subsidy’ to an undisclosed number of transactions on Thursday, according to users.
17 Jan 2025 - 4:35PM
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.
17 Jan 2025 - 4:00PM
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.
17 Jan 2025 - 4:52PM
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Banking & finance
China’s consolidation of small banks accelerates to head off systemic risk
Smaller banks face more asset quality deterioration in coming years, on top of earnings pressure, Fitch Ratings director says.
17 Jan 2025 - 7:30AM
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.
16 Jan 2025 - 11:56PM
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.
16 Jan 2025 - 7:30PM
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.
16 Jan 2025 - 5:30PM
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