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China economy

A cargo ship loaded with containers berths at a Chinese port in Qingdao, Shandong province. Photo: AFP

China urges ‘positive dialogue’ with US as Trump’s threatened tariffs loom large

Deputy commerce minister also warns of tariffs’ adverse effects on the country imposing them, while pointing to China’s economic ‘resilience’ in face of external shocks.

Amazon invites Chinese sellers to new bargain marketplace Haul

China hits jackpot with discovery of ‘massive’ gold reserves in Hunan

Recap | China’s tech giants defy economic woes: 6 latest earnings reports

How have some of China’s biggest tech companies fared in their third-quarter earnings revelations? Find out in some of our latest stories.

Xiaomi’s revenue was driven by a burgeoning electric vehicle business and global smartphone rebound. Photo: Reuters

Hong Kong’s wealth sector thrives as political uncertainty, geopolitics swirl

The Capital Investment Entrant Scheme, launched in March, has brought in more than HK$20 billion from 670 applications, Paul Chan says.

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

Only those that can sustain operations without external funding will stay in the race amid overcapacity and tariff woes, analysts say.

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Chinese province makes labour pain relief pledge to ease childbirth jitters

Hainan says labour pain relief will be covered by public health insurance, part of broader plan to boost birth rates.

A Chinese province is attempting to ease concerns over the physical stress of childbirth with a plan to include labour pain treatment in public health insurance policies. Photo: Getty Images

Chinese biotech firms brace for Trump tariffs, US funding bill

Efforts to expand sales of high-value products in China and non-US markets would cushion the blow, analysts say.

Editorial | Torch of international cooperation to burn despite Trump return

China’s President Xi Jinping along with leaders at the Apec and G20 summits make it clear multilateralism is still the way to go.

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.

The logo of Chinese online budget shopping app Pinduoduo, pictured next to its mobile app on July 17, 2018. Photo: Reuters

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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Students hoping to pursue advanced degrees prepare for the national postgraduate entrance exam in China’s Hunan province. Photo: Xinhua

China’s second-richest man blasts Pinduoduo for hurting domestic brands

The founder of bottled water company Nongfu Spring called Pinduoduo a main contributor to aggressive pricing causing ‘huge harm for Chinese brands’.

Baidu’s 3rd-quarter revenue falls 3% as economic woes hit ad spending

The internet search giant pulled in US$4.6 billion in the September quarter, with a decline in online marketing outpacing AI growth.

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

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.

Apple’s iPhone sales fall during China’s Singles’ Day shopping festival: report

The event’s two-week sales period saw ‘a double-digit, year-on-year decline’ in iPhone sales amid stiff competition from Chinese rivals.

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’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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A man carries a television set on his shoulder as he passes through the Sanlitun shopping district in Beijing. Photo: AP

Opinion | China is better off letting young people let off steam

Amid high jobless rates, youth have little to devote their hours to. The authorities must understand that all this energy has to be released.

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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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Editorial | More growth ahead as cross-border Connect turns 10

Status of Hong Kong as offshore financial hub for mainland China has been greatly enhanced by ever-widening investment scheme.

Investors watch stock market trends at a securities firm in Nanjing, in east China’s Jiangsu province. A cross-border stock scheme, which is marking its 10th anniversary, provides mainland investors with new avenues to channel their money. Photo: Xinhua

Harsh Chinese retaliation against Trump tariffs is unlikely, economist predicts

Beijing has other moves at its disposal, including deepening trade ties with the rest of the world and increasing demand at home.

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A loaded cargo ship in Qingdao, China. US president-elect Donald Trump has threatened to impose at least 60 per cent tariffs on all Chinese imports. Photo: AFP/Getty Images/TNS

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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How bad is Trump commerce pick Howard Lutnick – and his tariff talk – for China?

Lutnick, a Wall Street billionaire, will take the lead on the new administration’s trade agenda.

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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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Chinese economist Zhang Ming has warned against letting security outweigh development as Beijing plans for the future of its relationship with the US under the second term of Donald Trump. Photo: Elson Li

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 has issued what it terms ultra-long-term special government bonds on multiple occasions in 2024, a rare move to shore up the economy. Photo: Reuters

Shenzhen joins Beijing and Shanghai in offering tax breaks to boost home sales

Homeowners will not have to pay value-added tax when reselling their property after two years.

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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 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.
last updated:
15 October, 2024
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