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China Economy

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Belt and Road Initiative
Asia housing and property
US-China trade war
The Manus AI agent app is displayed on mobile phones with the logo of US tech giant Meta in the app interface. Photo: Reuters
China technology

Is China’s Manus block a warning for other AI firms with global ambitions?

State media has cast the deal as a security concern, while stressing Beijing remains open to foreign investment.

US-China trade war

Xi-Trump summit unlikely to revive Chinese investment in US, report warns

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China jobs

Back to the factory? China to retrain 1 million jobless graduates as technicians

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Aviation

China forges new aviation alliances to fast-track C929 certification

Pacts include airworthiness standards for long-haul aircraft, together with Hong Kong and Macau, aiding efforts to expand international operations for Comac’s jets.

Zhao Chunling, the chief designer of China’s widebody C929 aircraft, touches a model of the in-development jet. Photo: Xinhua
Zhao Chunling, the chief designer of China’s widebody C929 aircraft, touches a model of the in-development jet. Photo: Xinhua
China property

China’s top tech hub Shenzhen eases homebuying curbs, raises loan caps

Non-local residents with valid residence permits can buy homes in Futian, Nanshan and Xinan.

China's economic recovery

Open Questions | How China can avoid a repeat of Japan’s ‘lost decades’

Bai Chongen, an economist and adviser to China’s government, explains how the country can dodge ‘Japanification’ and why its economic rise is misunderstood.

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Ant Group

Ant International serves 150m merchants, 2b consumers, bets on AI commerce

Company says it is seeking to broaden its market reach in Asia, Latin America and Europe, the Middle East and Africa.

Ant International’s logo displayed on a smartphone screen. Illustration: SOPA Images/LightRocket via Getty Images
Ant International’s logo displayed on a smartphone screen. Illustration: SOPA Images/LightRocket via Getty Images
China travel

China braces for record Labour Day travel surge as tourism demand remains robust

China expects to handle a record 304 million cross-regional trips per day over the holiday, as the government focuses on boosting consumption.

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China airliners

China Southern orders Airbus jets worth US$21b as Boeing waits

Airline joins state-owned peers in placing large orders with European manufacturer, while rumoured Boeing deal could hinge on Trump visit.

China energy security

Why China may benefit from the UAE’s Opec withdrawal

Beijing may have access to increased supply – though Strait of Hormuz disruption remains a serious constraint, analysts say.

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A model of an oil pump is seen in front of the Opec logo in this illustration taken January 9. Photo: Reuters
China trade

Beijing touts mineral dominance, boosts autonomy drive, ahead of Trump’s visit

Ministry of Natural Resources boasts world-leading reserves of 14 minerals and vows to keep boosting output and exploration as geopolitical risks weigh on resources.

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Blocks with symbols and atomic numbers of various rare earth elements are seen on a Chinese flag. Illustration: Reuters
Blocks with symbols and atomic numbers of various rare earth elements are seen on a Chinese flag. Illustration: Reuters
Electric & new energy vehicles

BYD, Geely tap global EV demand to escape China price wars

Shares of BYD and Geely rose after they released earnings as the Strait of Hormuz shutdown boosts global demand for Chinese-made electric vehicles.

Banking & finance

China targets ‘zombies’ with regulatory headshots to kill off indebted laggards

Six provinces and the capital city test a forced-insolvency pilot to purge overcapacity and dismantle local protectionism, prioritising market efficiency.

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Banking & finance

Hong Kong’s IPO lead

Hong Kong has retained its crown as the world’s busiest market for initial public offerings so far this year, helped by offerings from printed circuit board maker Victory Giant and pork producer Muyuan Foods.

Hong Kong’s IPO lead
China GDP

US economic gap over China to widen, but Iran might bring them closer: Mahbubani

Get your head checked, strategist Mahbubani tells those who underestimate the US and China, while forecasting a bigger GDP gulf between the two by 2030.

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China, long projected to overtake the US as the world’s largest economy, could instead lose ground in the coming years, according to a global strategist. Photo: Reuters
China, long projected to overtake the US as the world’s largest economy, could instead lose ground in the coming years, according to a global strategist. Photo: Reuters
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

Canada has permitted an ‘incremental increase’ in flights to China, but airlines may be reluctant to add services amid the wars in Ukraine and Iran.

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China energy security

China orders maritime security research as Hormuz crisis exposes trade risks

The research agenda will also focus on safeguarding port access and critical mineral investments amid rising threats to global trade.

The Strait of Hormuz, through which one-fifth of the world’s oil supply travels, has been repeatedly sealed off since the US-Israeli strikes on Iran began in late February. Photo: AP
The Strait of Hormuz, through which one-fifth of the world’s oil supply travels, has been repeatedly sealed off since the US-Israeli strikes on Iran began in late February. Photo: AP
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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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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Sjoerd Sjoerdsma, the Dutch trade minister, is interviewed in The Hague, Netherlands, on April 10. Photo: EPA
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
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