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China Economy

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Belt and Road Initiative
Asia housing and property
US-China trade war
A job fair at Harbin University of Science and Technology in Harbin, Heilongjiang province, in March. Photo: Xinhua
China jobs

Job fears make AI a hot subject at China’s vocational schools

Tsinghua University study finds that nearly half of China’s vocational schools have rolled out introductory AI courses.

China’s private sector

How Beijing became China’s biggest tech venture capitalist, from AI to chips

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China trade

China wants unique access to minerals with Indonesia offer, analyst says

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China trade

China energy giant expands Korean footprint, helps fuel Seoul’s AI ambitions

The state-owned firm’s new project, independently managed by the company’s South Korean subsidiary, brings its number of power facilities in the country to five.

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One of CGN Energy International’s gas-power projects is seen in South Korea. Photo: China Energy News
One of CGN Energy International’s gas-power projects is seen in South Korea. Photo: China Energy News
China trade

Beijing to upgrade railway freight services to Europe

Agreement to build first phase of a multifunctional terminal at Kuryk, a Kazakh port on the Caspian Sea, signed in Shanghai recently.

US-China trade war

Trump’s new tariffs, stock market intervention, mega IPOs

This week: Trump levies new tariffs against 60 US trading partners, China’s ‘national team’ investors prop up tumbling stock market, and Bessent threatens sanctions against Chinese AI developers. Next week: CXMT debuts in Shanghai followed by Zhongji Innolight in Hong Kong after blockbuster IPOs, China’s Politburo likely to discuss economy, ChinaJoy draws gamers in Shanghai, and more.

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China-EU relations

China adds 14 EU entities to export control list, hitting back at sanctions

Ministry of Commerce action follows a new round of EU sanctions on Russia that affected 14 firms from mainland China and Hong Kong.

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The flags of the European Union and China in Berlin. Photo: Photothek via Getty Images
The flags of the European Union and China in Berlin. Photo: Photothek via Getty Images
Transport and logistics

Why is China building another high-speed rail for the Greater Bay Area?

New 350km/h route aims to reduce congestion while bridging city centres and aviation hubs, with an intended cross-border extension.

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China energy security

China’s 15th five-year plan for renewable energy development

Beijing unveils renewable energy targets for the next five years, aiming to increase green energy consumption by more than 50 per cent.

US-China relations

Open Questions | Nobel economist on anti-China, anti-science US, AI’s risks

MIT’s Simon Johnson, former IMF chief economist, on Trump’s wrong turns, including tariffs, the AI threat to Chinese jobs and the chances of a global recession.

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Illustration: Lau Ka-kuen
China's economic recovery

China’s income tax revenue soars 13% – but average pay has little to do with it

Local authorities are turning to stricter tax enforcement to shore up mounting budget strains, even as broader income growth lags.

A man stands at a crossroads in Lujiazui financial district in Pudong, Shanghai, on March 5, 2021. Photo: Reuters
A man stands at a crossroads in Lujiazui financial district in Pudong, Shanghai, on March 5, 2021. Photo: Reuters
Banking & finance

Shanghai to launch ‘choke point’ tech funds, relax some pre-profit listing rules

The city will unveil dedicated funds and new offshore yuan channels while allowing pre-profit AI and nuclear fusion start-ups to list on the Star Market.

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China-EU relations

EU push to remove Huawei, ZTE gear will cost 3 times official estimate: report

GSMA Intelligence says move will cost up to US$46 billion, roughly three times more than European Commission has suggested.

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China trade

Biggest to best? Port of Shanghai eyes maritime top spot with high-value push

World’s busiest container hub is taking strides to challenge global rivals across the shipping ecosystem as Shanghai eyes high-value services.

Shipping containers are seen stacked at a Port of Shanghai terminal on July 14. Photo: VCG via Getty Images
China trade

China’s durian imports from Thailand, Malaysia soar as glut stresses growers

Chinese imports of the pungent fruit have increased by 47 per cent in the first half of 2026, prompting a sharp decline in prices.

Workers process durians for export to China in Lam Dong, Vietnam, as Southeast Asian exporters offloaded a glut of the pungent, spiky fruit, sparking a drop in prices. Photo: Xinhua
Workers process durians for export to China in Lam Dong, Vietnam, as Southeast Asian exporters offloaded a glut of the pungent, spiky fruit, sparking a drop in prices. Photo: Xinhua
Belt and Road Initiative

China Unicom connects Hong Kong-Cambodia cable, widening undersea data network

The submarine cable project ties city with a high-speed data and information corridor running through Southeast Asia.

China energy security

China’s power grid no longer keeping up with green energy capacity: study

Bottlenecks in wind and solar power may drag out the country’s reliance on coal.

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China’s private sector

China’s tycoons rein in charitable donations, switch focus to science, education

One major driver of overall decline in corporate donations has been the prolonged slump in country’s real estate sector.

ByteDance founder Zhang Yiming has donated 1.1 billion yuan to projects in his hometown over the past five years. Photo: AFP
ByteDance founder Zhang Yiming has donated 1.1 billion yuan to projects in his hometown over the past five years. Photo: AFP
China’s private sector

What would 200% US tariffs on generic drugs mean for China’s pharmaceutical industry?

Analysts say that China’s pivot from generics to innovative drugs means the industry is less exposed to US levies.

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China-EU relations

Beijing vows to protect Chinese firms after EU hits Alibaba unit with fine

Commerce officials decry “discriminatory” barriers as source says firm had hired several outside consultants to vet goods and curb counterfeits.

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China-EU relations

Inspectors checking workers’ papers at BYD factory site in Hungary: source

Country’s new prime minister has launched an investigation into the Chinese electric vehicle giant’s investment in Hungary.

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Then Hungarian foreign minister Peter Szijjarto at a meeting with Foreign Minister Wang Yi in Budapest in February. Photo: AFP
China energy security

China broke oil and gas output records in 2025 – but Beijing is staying cautious

Beijing’s energy regulator has set more modest production targets this year after a record 2025 as mature fields deplete and extraction challenges mount.

An aerial drone photo shows a view of Daqing oilfield in Daqing, northeast China’s Heilongjiang province, on December 4, 2025. Photo: Xinhua
An aerial drone photo shows a view of Daqing oilfield in Daqing, northeast China’s Heilongjiang province, on December 4, 2025. Photo: Xinhua
Electric & new energy vehicles

Foreign carmakers lose more traction in China as luxury sales slide

Mercedes, Land Rover, BMW, Jaguar and Infiniti take further hit as consumers shun pricey, petrol-powered vehicles.

Electric & new energy vehicles

China sets sights on carbon-guzzling transport sector with new green initiative

China wants at least 1.6 million electric heavy-goods vehicles on the road by 2030, as it pushes to decarbonise its vast road freight sector.

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Electric & new energy vehicles

China’s EV makers went from small fry to big shots. Can others do the same?

The global green shift is providing a way for emerging economies to catch up with global powerhouses, with help from China’s supply chain.

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Illustration: Henry Wong
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