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Hong Kong’s 2024 property slump feels like it’s 1997 again – or is it?

Major developers like CK Asset had lavished discounts since the start of the year, driving prices down by about 25 per cent from their September 2021 peak.

The housing supply pipeline may grow to 112,000 homes over the next three to four years, according to the forecast by the Housing Bureau at the end of March

5 hours agovideocam

China-made goods shine at Paris Olympics amid lack of ‘comparable competitors’

26 Jul 2024 - 7:21PMvideocam

Can Hong Kong try to copy Silicon Valley’s ways to create more technopreneurs?

25 Jul 2024 - 12:45PM

Enticed German firms bring their best tech, products to be ‘in China for China’

With fewer options amid geopolitical strife and supply-chain disruptions, capitalising on China’s massive market requires a more inward-facing plan for foreign firms.

26 Jul 2024 - 9:36AMvideocam

As US tariffs take their toll, Chinese companies rethink their stake in Vietnam

Vietnam has long been a preferred destination for foreign-invested projects, but rising costs are pushing Chinese firms to consider their options.

26 Jul 2024 - 9:10AMvideocam

Hong Kong patients flock to mainland Chinese hospitals for faster, cheaper help

Long waiting times for public healthcare services, high drug prices in Hong Kong send residents across the border.

21 Jul 2024 - 9:00AM

In Wuhan, driverless taxis offer a peek into the future of intracity transport

The city of Wuhan, capital of central Hubei province in China, is attracting attention for its aggressive roll-out of a robotaxi fleet, although not without controversy.

22 Jul 2024 - 4:55PM

No more keeping up with the Joneses: ‘poor man’s meal’ on the rise in China

An ongoing trend of consumer spending cutbacks in China has intensified amid an economic downturn, drawing comparison with Japan’s ‘lost decade’.

20 Jul 2024 - 8:21AMvideocam

Falling stars: China’s fine dining, even Michelin champs, hit by economic slump

The fine dining industry in China, once a roaring exemplar of the country’s economic might, is seeing leaner times as customers watch their expenses and put discretionary spending on hold.

19 Jul 2024 - 12:07AMvideocam

Automated aged care, lots of grunt work: China has big plans for humanoid robots

With arms, legs and facial expressions, robots are being built for roles where manpower is in short supply – like looking after grandparents – as China’s population rapidly ages and shrinks.

17 Jul 2024 - 11:22PMvideocam

‘The world is not peaceful’: China targets youth in military education drive

More primary and secondary schoolchildren are participating in pilot programmes to improve their military awareness and skills.

16 Jul 2024 - 9:09AMvideocam

Asia’s growing tribe of ETF investors swells assets to US$1.3 trillion

The transparency of ETFs and the ease with which they can be traded have boosted their popularity. A record US$118 billion has flowed into ETFs in Asia this year to date amid 35 straight month of inflows.

13 Jul 2024 - 11:10AM

From the sky to the sea: how China and US are racing to win the game of drones

Drawing on Gaza and Ukraine lessons, both sides are racing to incorporate AI in faster, smarter strategies for future conflicts.

23 Jul 2024 - 11:30AMvideocam

Open questions | Arthur Kroeber: why China decoupling is unlikely, and talk of reform incomplete

Founder of Gavekal Dragonomics says efforts to dislodge China from global supply chains are unlikely to succeed and discussions of ‘reform’ from outside the country often miss vital context.

12 Jul 2024 - 1:46PMvideocam

Hong Kong’s Temple Street loses its buzz as ‘Night Vibes’ campaign fizzles out

Temple Street night market extended until year’s end, but stallholders say interest has waned since January.

11 Jul 2024 - 8:36AM

Social tensions in China reach boiling point as job, wage issues take their toll

China’s employment issues appear to be having a spillover effect on society at large, with recent heated or violent incidents leading many to wonder about the role the job market has played in these outbursts.

10 Jul 2024 - 2:18PMvideocam

China’s ‘overpaid’ finance workers see salaries tumble but is price too heavy?

Deep and widespread pay cuts have hit China’s financial sector as Beijing seeks an honest and trustworthy, righteous pursuit of profits to support the economy.

10 Jul 2024 - 11:54AM

Time for China to confront gig worker phenomenon that’s becoming the new normal

China has around 200 million gig workers who make a living from various temporary jobs, but they lack the security of traditional employment.

9 Jul 2024 - 10:08AMvideocam

A delivery man uses his cellphone on a street in Beijing. Photo: EPA-EFE

More than half of China’s top companies downsized last year. What now?

A Post review of 23 annual reports from leading Chinese firms found that more than half downsized last year, while others slashed staff-related expenses.

9 Jul 2024 - 4:22PM

China’s elder millennials quest afar, seeking ‘curse of 35’ cure

Youthful vigour is like a +5 character perk in the Chinese workforce, but veteran industry players who know their profession inside and out are the ones companies want to send abroad.

9 Jul 2024 - 9:19AM

In China’s Guangzhou, a web of factories gives rise to Shein

An extensive army of manufacturers, managed through a complex digital system, has fed Shein’s meteoric growth.

6 Jul 2024 - 12:00PM

Shein is one of the world’s fastest-growing online shopping platforms. Illustration: Henry Wong

‘Job seeking is fierce’: China’s desperate youth provide headache for Beijing

Chinese President Xi Jinping called employment a ‘most basic livelihood concern’, pledging to make youth employment a top policy priority.

9 Jul 2024 - 9:18AMvideocam

Hong Kong holds firm on role of foreign judges. But for how much longer?

Some commentators downplay recent exits of UK judges, saying city should still seek out ‘heavyweights’ to sit on top court.

4 Jul 2024 - 9:35AM

Power is power: how newer, greener currents are sparking China’s energy reform

An explosion in new energy investment and construction has left China’s power grid lagging, and allowed electricity to go to waste – are serious reforms what it will take to close the gap and fuel the green transition?

3 Jul 2024 - 8:55AMvideocam

Beijing struggles to keep it bilateral as South China Sea tensions go global

Beijing’s high-handed assertion of maritime claims has drawn international censure, putting its preferred approach of bilateral solutions at risk.

3 Jul 2024 - 11:20AMvideocam

Open questions | 3 mega economic trends for China and the world, EU economist says

European economist Rolf Strauch touches on climate change, demographic, geoeconomic fragmentation and financial challenges for the global economy.

9 Jul 2024 - 3:56PMvideocam

John Lee wants to lift Hong Kong’s economy, but will geopolitics get in his way?

After two years in job, chief executive believes city is back on right track, but anti-China rhetoric is likely to hurt business community.

2 Jul 2024 - 9:19AM

Hong Kong’s hydrogen economy may need a bigger push, advocates say

In the last of a four-part series, Eric Ng and Martin Choi look at efforts to ignite a local hydrogen economy in Hong Kong.

29 Jun 2024 - 11:57AMvideocam

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SCMP gets to the heart of the matter with its in-depth analysis on the pressing issues in Hong Kong and around the world.