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China Economy

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Belt and Road Initiative
Asia housing and property
US-China trade war
The logo for Fitch Ratings, one of the “big three” credit ratings agencies, in Canary Wharf, London. Photo: Shutterstock
China's economic recovery

Citic Securities breaks ceiling with first ‘A’ class rating for China brokerage

Award of an A-minus rating seen as a milestone in China’s efforts to build globally competitive investment banks.

China travel

Panda and pet services: China plans over 160 tourist trains to boost consumption

Banking & finance

PBOC chief says China a haven for asset diversification in volatile world

Electric & new energy vehicles

Europe’s bet on Chinese EV joint ventures may be solving yesterday’s problem

Auto veteran Soh Weiming on the EV tech transfer, China’s plateau, and Europe’s chance to catch up.

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Volkswagen electric vehicles are seen in the carmaker’s factory in Zwickau, Germany. Photo: dpa
Volkswagen electric vehicles are seen in the carmaker’s factory in Zwickau, Germany. Photo: dpa
China economy

Why is China’s personal income tax revenue growing faster than earnings?

State Taxation Administration attributes increase to stock market gains, higher incomes in some industries and stricter enforcement.

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Electric & new energy vehicles

China’s battery dominance

Chinese companies dominate the global supply of lithium batteries for electric vehicles and energy storage systems and are driving the next stage of battery development.

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Yuan

‘Increasingly influential’ use of China’s currency puts euro on notice

The US dollar is still dominant, but a slump in Europe may see China’s currency gain strength and reach the No 2 spot in global settlements.

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Illustration: Brian Wang
Illustration: Brian Wang
China airliners

Air China C909 hits bird as Chinese jets face growing ‘real-world’ tests

Wildlife strike in Beijing caught on video near popular vantage point, illustrating how rising flight volumes expose Comac’s fleet of jets to more operational risks.

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China manufacturing

From dance to factory floor: China moves to fast track humanoids into industry

The scheme spans manufacturing and healthcare to disaster relief and requires local governments and SOEs to test and deploy the technology this year.

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China inflation

China’s factory price jump contrasts with muted consumer inflation

Higher oil costs and the AI boom are driving up producer prices, while weak domestic demand is weighing on consumer prices.

Photo: Reuters
China shipbuilding

China’s shipyards pass fresh milestone with delivery of vast specialised carrier

China is already the world’s dominant builder of bulk carriers and container ships. Now, it is also capturing a rising share of hi-tech gas carrier orders.

The Ivy Cove, a very large ammonia carrier, was built by the Chinese state-owned Jiangnan Shipyard. Photo: Handout
The Ivy Cove, a very large ammonia carrier, was built by the Chinese state-owned Jiangnan Shipyard. Photo: Handout
China inflation

China’s consumer prices see May uptick as oil shock inflates factory-gate costs

The mild increase in consumer inflation, attributed to higher AI demand and global price fluctuations, fell short of market expectations.

China's economic recovery

China starts building ‘water staircases’ at Three Gorges to double river cargo

New mega locks will double freight capacity at the world’s largest dam, linking China’s inland industrial hubs to coastal ports with a feat of complex engineering.

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China energy security

Driven by AI demand, China on track to pass US as top nuclear energy producer

Beijing is building new reactors at unrivalled speed – but the US still holds an edge in nuclear fusion research, analyst says.

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Workers are seen at the installation site of a reactor pressure vessel at China National Nuclear Corporation’s Fuqing nuclear power plant in southeast China’s Fujian province on January 28, 2018. Photo: Xinhua
Banking & finance

New head of China’s financial regulator vows to prevent ‘blow-ups’

Ding Xiangqun identified smaller lenders, the property sector and local government debt as sources of risk while calling for tougher supervision.

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China’s newly appointed financial regulator chief Ding Xiangqun. Photo: Handout
China’s newly appointed financial regulator chief Ding Xiangqun. Photo: Handout
China trade

China’s export machine defies gravity as shipments soar in May

After a strong April, China’s exports surged once again in May, as the country’s firms continue to shrug off the impact of the Iran war.

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China manufacturing

How China’s ‘Hefei model’ spawned a chipmaker’s multibillion-dollar IPO plan

City government has leveraged over 220 billion yuan in state-owned capital to drive project investment in emerging industrial clusters.

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China manufacturing

China’s 5-year plans significantly impact American factories: US study

A study finds that American plants in counterpart industries targeted by Beijing experience job cuts and a fall in investment.

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A worker monitors products at a packaging factory in Lianyungang, in China’s eastern Jiangsu province on May 18. Photo: CN-STR/AFP
A worker monitors products at a packaging factory in Lianyungang, in China’s eastern Jiangsu province on May 18. Photo: CN-STR/AFP
Banking & finance

Why are Chinese savers moving money out of banks and into tech stocks?

Some commercial lenders have stopped offering long-term deposit products with higher interest rates.

Electric & new energy vehicles

China’s EV giants challenge Tesla in race to commercialise humanoid robots

After years of competing with Tesla in electric vehicles and self-driving technology, Chinese manufacturers are targeting humanoid robots.

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China’s C919 passenger plane

China’s C919 jet poised to tackle ageing domestic fleet: industry official

High maintenance and fuel costs squeeze Chinese airlines as replacement rates lag, while Comac’s home-grown model seen as buffer against supply-chain hurdles.

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Several Air China passenger jets are seen at Beijing Capital International Airport in March 2020. Since that year, the number of aircraft over 20 years old has outpaced new deliveries in China. Photo: AFP
China trade

Tungsten and eyelashes: N Korea-China trade hits 9-year high as Xi hails ties

On his state visit to Pyongyang, President Xi eyes infrastructure, agriculture and tech gains as cross-border rail restarts, while high volumes of hair and tungsten fuel China’s imports.

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A street is decorated with the flags of China and North Korea in Pyongyang on Monday during President Xi Jinping’s state visit. Photo: AP
A street is decorated with the flags of China and North Korea in Pyongyang on Monday during President Xi Jinping’s state visit. Photo: AP
Banking & finance

Panda bond boom: why China is seeing a rush of global borrowers

Beijing’s looser monetary policy, a wider bond market opening and expanding yuan internationalisation are helping drive the trend, analysts say.

China airliners

China widens repair network for C919, C909 jets to outfly supply disruptions

China’s home-grown jets will be able to stay in the air for longer as maintenance centres open on the mainland, some with Hong Kong servicers.

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China consumption

Gold slump: China’s sales plunge as precious metal’s price dips

While China’s interest in gold is unlikely to fade, investment-grade product sales have dwindled after 15 months of retail growth.

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Gold sales have slumped in China as the global spot price drops amid consumer caution and an unstable economic outlook. Photo: Getty Images
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