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China Economy

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Belt and Road Initiative
Asia housing and property
US-China trade war
Illustration by Henry Wong
China exports

How China’s reported sulphuric acid export ban could have global buyers reeling

Foreign firms fear more halts following reports of a ban on the export of the chemical, crucial for fertiliser and battery production.

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China travel

Canada’s push to rebuild ties with China hits a snag: a lack of direct flights

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China energy security

China orders maritime security research as Hormuz crisis exposes trade risks

Banking & finance

Why Moody’s has raised China’s credit outlook amid Iran war shocks

Ratings agency gives China an A1 long-term rating, citing the economy’s resilience in the face of trade and geopolitical pressures.

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A pile of 100-yuan notes. Photo: Shutterstock
A pile of 100-yuan notes. Photo: Shutterstock
China GDP

Unpacking China’s April Politburo statement

SCMP Plus annotates the readout from the April meeting of China’s top decision-making Politburo, which resolved to accelerate measures to limit the economic fallout from the Iran war.

SCMP Exclusives

Exclusive | Un-sanctioned: China to welcome Dutch trade minister amid Nexperia, ASML discord

Source says Beijing has quietly dropped an old sanctioning of Sjoerd Sjoerdsma, who recently spoke of wanting to lead a Dutch trade mission to China.

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China GDP

China’s Politburo steps up policy response as Iran war shakes global economy

China’s leadership vows to push forward with infrastructure projects, boost tech self-reliance and safeguard energy security.

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President Xi Jinping at a meeting in the Great Hall of the People in Beijing on April 15. Photo: Reuters
President Xi Jinping at a meeting in the Great Hall of the People in Beijing on April 15. Photo: Reuters
China birth rate

In China, a France-sized population loss begins to test coastal powerhouses

Rising pension burdens and social security subsidies are also straining public finances – though trends remain uneven, analysts say.

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Electric & new energy vehicles

China’s CATL touts landmark energy-storage order for sodium-ion batteries

Deal for massive grid storage system shows that CATL has ‘overcome all the challenges in mass-producing sodium-ion batteries’, company says.

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China GDP

Guangdong’s rule as China’s GDP king faces an unprecedented threat to the crown

A rival provincial powerhouse, with a GDP as big as some G7 nations, is becoming a hub for strategic emerging sectors while outpacing the national economic growth rate.

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A crane lifts a container at a port this month in China’s Jiangsu province, which has been threatening to end Guangdong’s uninterrupted reign as the nation’s largest provincial economy since the late 1980s. Photo: China Daily via Reuters
China jobs

China outlines new labour protection plan for nation’s 200 million gig workers

The 12-point document pledges stronger protections for gig-economy workforce, which has rapidly grown amid China’s economic slowdown.

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A group of delivery riders for the Chinese online platform Meituan takes a break in Chongqing, southwest China. Photo: Getty Images
A group of delivery riders for the Chinese online platform Meituan takes a break in Chongqing, southwest China. Photo: Getty Images
China manufacturing

China’s industrial profits hit 6-month high amid Iran war price spikes

Fuel-processing sector pivots to profit while tech gains shield margins from modest revenue growth, highlighting an efficiency-led rally over a demand recovery.

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China shipbuilding

China delivers record LNG carrier – is South Korea losing its shipbuilding edge?

The vessel’s completion follows China dominating global shipbuilding orders last year, with South Korea leading in high-value segments.

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Robotics

AI | China’s physical AI prowess on roads, in skies and factories

Innovation and competition drive rapid advances in Chinese humanoid robots, drones, autonomous vehicles and flying cars. America is playing catch-up.

China’s physical AI progress seen on roads, in skies and factories
China exports

Chinese EVs are making inroads in one of world’s most competitive auto markets

BYD is now one of Korea’s fastest-growing imported EV brands while rivals like Chery look to break into a market long dominated by local giants.

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An aerial drone photo taken on April 10 shows vehicles to be exported at Yantai port in east China’s Shandong province. Photo: Xinhua
An aerial drone photo taken on April 10 shows vehicles to be exported at Yantai port in east China’s Shandong province. Photo: Xinhua
Yuan

Open Questions | Why China’s yuan faces the same ‘illusions’ that stalled the euro: Daniel Gros

Former European economic adviser says Beijing’s bid to build an international currency will hinge on leaders allowing it to fluctuate freely.

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Electric & new energy vehicles

Li Auto targets BMW and Mercedes with premium SUVs in Middle East, Asia-Pacific

Beijing-based EV maker expects overseas deliveries to account for 30 per cent of its total by 2030, president Ma Donghui says.

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China travel

Chinese travellers flock to Central Asia as flight bookings soar by 120%

Beijing’s Belt and Road Initiative behind stronger economic ties and passenger traffic growth between the two regions, say industry experts.

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Ground staf and crew members for the inaugural flight of China Eastern Airlines from Shanghai to Tashkent, Uzbekistan, pose for a group photo. A new direct passenger air route connecting the eastern Chinese city of Shanghai and the Uzbek capital of Tashkent was launched in March. Photo: Xinhua
Ground staf and crew members for the inaugural flight of China Eastern Airlines from Shanghai to Tashkent, Uzbekistan, pose for a group photo. A new direct passenger air route connecting the eastern Chinese city of Shanghai and the Uzbek capital of Tashkent was launched in March. Photo: Xinhua
China’s private sector

Muddy yet clear-cut: how Chinese investors are turning jungle into a new capital

Chinese construction firms keen to cement trade ties with Jakarta through multimillion dollar projects to build a brand new centre of power.

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China manufacturing

Billionaire behind ‘American Factory’ firm warns of US exit amid trade friction

Fuyao Glass, a major supplier to Ford, GM and BMW in the US, employs thousands across the states of Ohio, Illinois and South Carolina.

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China exports

Flood of small parcels from China pushes Belgian airport to limit

Belgium’s top customs official says main problem is that many products do not meet EU standards.

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Parcels at the Cainiao Liege eHub in the city’s airport zone, which handles products from China sold on Alibaba’s AliExpress platform. Photo: Universal Images Group via Getty Images
Artificial intelligence

Prognosis positive: how AI could help China bridge the medical resources gap

Hospitals, medical professionals and patients stand to benefit as country pushes to integrate AI into healthcare sector.

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Illustration: Henry Wong
Illustration: Henry Wong
Banking & finance

Default in our stars: China banks use satellites to track assets, cut loan risks

Analysts say orbital monitoring of sites, property and other assets provides vital data on borrowers.

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China technology

As DJI duels Insta360, China sharpens global hardware edge amid US scrutiny

Western competitors like GoPro face shrinking footprints as strategic shifts of Chinese firms disrupt the status quo while navigating FCC-led national security bans.

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Banking & finance

Beijing ramps up tax crackdown, frames consumption levies as fiscal lifelines

Authorities target retailers, shell companies and off-the-books manoeuvres to lessen tax liabilities.

Shoppers walk by a reflected art installation at an outdoor luxury shopping mall in Beijing. Photo: AP
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