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China Economy

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Belt and Road Initiative
Asia housing and property
US-China trade war
Chinese biotech companies have risen up the value chain in recent years, with cross-border licensing deals worth a record US$60 billion in the first quarter of 2026, according to the National Medical Products Administration. Photo: Getty Images
US-China trade war

The next tech war? Why biotech may become a new US-China battleground

China’s biotech industry is rapidly moving up the value chain, prompting fears in the US and calls for tighter controls.

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China trade

Australian beef will soon be hit by 55% tariff in China, ministry says

US-China tech war

China boosts trade-war toolkit with cross-border investment overhaul

Low-altitude economy

How a WeChat mini-program is helping China fine-tune drone regulation

New flight-clearance model is being promoted in Shanghai and Sichuan, but Beijing’s skies remain off-limits.

A visitor watches video from a drone at the AWE trade fair in the Shanghai Eastern Hub International Business Cooperation Zone on March 14. Photo: NurPhoto via Getty Images
A visitor watches video from a drone at the AWE trade fair in the Shanghai Eastern Hub International Business Cooperation Zone on March 14. Photo: NurPhoto via Getty Images
US-China tech war

China’s new outbound investment rules

SCMP Plus annotates new investment rules released by China’s State Council in the wake of the high-profile Nexperia dispute and Meta’s aborted acquisition of Manus.

Banking & finance

Macau taps into Project mBridge digital currency platform

Project mBridge is seen as part of Beijing’s push to establish alternatives to traditional, US-dollar-centric payment networks.

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China manufacturing

China’s overseas expansion fuelled by government subsidies: OECD report

While OECD figures suggest subsidies have driven Chinese firms’ rapid growth abroad, a Chinese chamber of commerce questioned the report’s standards.

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Welding robots weld a heavy truck cab at an industrial park of Sany, China’s leading heavy equipment manufacturer. A report has revealed Chinese companies are heavily backed by government subsidies which is fuelling their global market expansion. Photo: Xinhua
Welding robots weld a heavy truck cab at an industrial park of Sany, China’s leading heavy equipment manufacturer. A report has revealed Chinese companies are heavily backed by government subsidies which is fuelling their global market expansion. Photo: Xinhua
Banking & finance

Why are Asia’s families eyeing liquid assets to secure their children’s wealth?

More of the continent’s parents are providing share portfolios and other assets for their offspring as confidence in property begins to wane.

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Electric & new energy vehicles

Chinese EV makers recover in May but competition fierce amid overcapacity woes

Consumer willingness to embrace new tech, along with cash subsidies from local governments, gave the EV sector a much-needed boost.

Yuan

Is China’s global economic influence bigger than it looks? New study says yes

Standard metrics understate China’s physical investment gap with the US and its wider economic influence, researchers say.

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A clerk counts Chinese currency notes at a bank branch in Huaibei in central China’s Anhui province. Photo: AP
2026 Xi-Trump summit

No need for ‘AI Iron Curtain’, China’s Communist Party mouthpiece says

People’s Daily says China and US should work together to advance the development and governance of artificial intelligence.

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Humanoid robots manufactured by Unitree Robotics dance on the opening day of Asia’s first embodied intelligence experience store in Shanghai on Sunday. Photo: AFP
Humanoid robots manufactured by Unitree Robotics dance on the opening day of Asia’s first embodied intelligence experience store in Shanghai on Sunday. Photo: AFP
China technology

Why China is tightening tech investment rules amid rising global disputes

A new regulation will also grant Beijing the authority to counter foreign entities it views as harming its interests.

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China trade

‘Unsustainable’: firms face huge spike in shipping costs amid Hormuz crisis

Shipping lines say they have no choice but to pass on steep cost rises, as the Iran war sparks a fuel crisis that could last well into next year.

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Banking & finance

Family offices eye shifting assets from North America to China, survey finds

Privately run firms managing investments of wealthy families showing ‘growing interest’ in China, UBS report says.

Chinese 100-yuan banknotes at a branch of China Merchants Bank in Hefei, Anhui province. Photo: Reuters
Banking & finance

Giant Chinese brokerage raising billions for overseas expansion

Citic Securities launches largest equity fundraising by a Chinese brokerage since 2022, aiming to raise 16 billion yuan.

Citic Securities’ company logo. Photo: Shutterstock Images
Citic Securities’ company logo. Photo: Shutterstock Images
China property

With mortgages cheaper than rents, small flats become hot property in China

But bigger down payments mean banks are yet to see a recovery in their mortgage loan businesses.

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Chinese tourists

Will the World Cup help Mexico dispel Chinese tourists’ safety fears?

A boost of visitor numbers for the tournament should also include travellers from China, though surveys show lingering safety concerns.

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China-Japan relations

China and Japan aren’t talking. Will their rare earth trade go quiet?

With bilateral relations at a low and Beijing already enacting limited export controls on critical minerals, fears of a broader ban grow.

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Illustration: Victor Sanjinez Garcia
Illustration: Victor Sanjinez Garcia
China technology

AI has a ‘black box’ problem. China wants to make it more transparent

The initiative underscores Beijing’s growing focus on AI governance, as concerns grow over algorithm bias and data security.

China consumption

More Chinese provinces and cities add holidays in bid to spur consumption

Central government has added 5 days of public holidays this year, and local administrations are extending spring and autumn school breaks.

Banking & finance

China appoints top regulatory official as financial clean-up drive continues

Ding Xiangqun takes up key role at the National Financial Regulatory Administration, one month after her predecessor was removed.

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Ding Xiangqun has been appointed as new Party chief of the National Financial Regulatory Administration (NFRA) after her predecessor Li Yunze was removed from the position. Photo: Handout
Chinese offshore investment

Going global? Here’s a quick look at 4 options for China’s offshore investors

As Beijing tightens its grip on unlicensed stock platforms, mainland China’s retail players utilise these state-sanctioned options to diversify globally.

Mainland China’s retail investors have four primary legal avenues to diversify their portfolios overseas. Photo: Shutterstock
Mainland China’s retail investors have four primary legal avenues to diversify their portfolios overseas. Photo: Shutterstock
China trade

China-led SCO bloc looks to fast-track plan for new bank, rival Western lenders

Member states seek more financial autonomy and localised credit by advancing an effort to fund regional growth using their national currencies, not the US dollar.

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China property

China’s property developers see hope in massive urban renewal plan

Plan for 2026 to 2030 includes upgrades to pipelines, drainage, dilapidated homes, and facilities for education and elderly care.

China-EU relations

The era when Europe viewed China as a partner is over, Brussels insider warns

A new era of fractious EU-China trade relations is here to stay, as Brussels’ view of Beijing has fundamentally changed, lobbyist says.

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Trade relations between China and the European Union have become more fractious recent months. Photo: Shutterstock
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