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China is now in third place among foreign US Treasury holders, behind Japan and the United Kingdom. Photo: dpa
US-China relations

China cuts US Treasury holdings to lowest level since 2008

The stockpile has now fallen to nearly half its November 2013 peak, financial data shows, as long-term sell-off continues.

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China exports

China confirms issuing of first general licences for rare earth exports

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China-EU relations

Discriminatory and egregious: China blasts EU’s subsidy crackdown

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China trade

China’s Hainan launches separate customs regime allowing tariff-free imports

Most goods can enter Hainan with zero import duties under the new system, as China looks to turn the island into a strategic buffer zone.

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Shoppers browse an international duty-free mall in Sanya, a city in China’s southern Hainan province. Hainan has implemented a slew of special policies to attract global talent and tourists in recent years. Photo: Xinhua
Shoppers browse an international duty-free mall in Sanya, a city in China’s southern Hainan province. Hainan has implemented a slew of special policies to attract global talent and tourists in recent years. Photo: Xinhua
China trade

As trade deficit mounts, is EU selling what China wants to buy?

Traditional European exports like cars are losing their appeal, while restrictions crimp sales of sought-after lithography machines.

China trade

Battle for China’s durian market gets even juicier as Laos enters the fray

Laos could present a real challenge to other players in China’s vast durian market due to its low costs and logistical advantages.

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US-China relations

‘A risk’: wealthy Chinese appear to shun Trump’s ‘gold card’ immigration scheme

Initial excitement fizzles amid limited benefits and security concerns, immigration agents say.

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US President Donald Trump holds up the original US$5 million gold card as he speaks to reporters while on board Air Force One, on April 3. Photo: AP
US President Donald Trump holds up the original US$5 million gold card as he speaks to reporters while on board Air Force One, on April 3. Photo: AP
China food security

Explainer | What does future hold for Brazil, US in China’s soybean balancing act?

The two countries remain top suppliers, but efforts to promote self-sufficiency are set to reduce reliance on imports.

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China trade

China bets big on copper processing, but ‘weaponisation’ risks are low: analysts

Beijing views copper as critical for EVs and AI, but a reliance on imported ore limits China’s ability to use the strategic metal as leverage.

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China consumption

Policy body urges China to confront economic challenges, confident of recovery

Official cites headwinds from imbalances between supply and demand, but says outlook is bright.

People choose food at an AI-powered canteen in Hebei province’s Xiongan New Area last month. Photo: Xinhua
China travel

Why South Korea is becoming China’s new bargain travel hotspot amid Japan spat

A slump in the won is making South Korea increasingly affordable for mainland tourists just as China warns against travel to Japan.

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A large crowd of tourists walks through a street in Seoul. South Korea is expected to receive an uptick in Chinese tourism over the coming months. Photo: Reuters
A large crowd of tourists walks through a street in Seoul. South Korea is expected to receive an uptick in Chinese tourism over the coming months. Photo: Reuters
China-EU relations

China slaps anti-dumping duties on EU pork, but lowers final rates

Beijing goes ahead with tariffs of up to 19.8 per cent on pork products from the European Union after intense lobbying by several leaders.

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China's economic recovery

China offers more support to returning overseas students as influx grows

As the number of students coming back to China soars, a new national service platform will help them find work and start businesses.

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Electric & new energy vehicles

Xpeng steps up ‘go global’ drive with Malaysian assembly hub for Southeast Asia

The Guangzhou-based company said it would partner with Malaysia’s EP Manufacturing to locally assemble intelligent EVs.

Workers conduct final checks on an Xpeng new energy car at the firm’s plant in Zhaoqing, Guangdong province, on October 9, 2023. Photo: Xinhua
China’s private sector

China’s growing young billionaire class masks innovation hurdles, analysts say

Technological innovation – one of Beijing’s top priorities – is helping to drive wealth creation, report says.

Wang Ning, the 38-year-old founder and CEO of Pop Mart, is one of China’s youngest billionaires.
Wang Ning, the 38-year-old founder and CEO of Pop Mart, is one of China’s youngest billionaires.
Electric & new energy vehicles

China’s EV battery giants wade into shipbuilding to bolster Beijing’s dominance

CATL and Gotion add momentum to China’s efforts to build new-energy vessels amid an accelerated decarbonisation drive.

China consumption

‘A violation’? China’s airlines in the hot seat over hidden extra fees

Seat selection fees are becoming more common in China as airlines grapple with squeezed profit margins, but consumers are pushing back.

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US-China trade war

China-free supply chain? US firm has a rare earth strategy – but can it work?

Backed by Washington, REalloys seeks to break dependence on China but says achieving fully self-sufficient supply chain will take time.

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Rare earths have become one of Beijing’s biggest levers in its trade war with the US, prompting a scramble to diversify supply chains and reduce reliance on China. Photo: Getty Images
Rare earths have become one of Beijing’s biggest levers in its trade war with the US, prompting a scramble to diversify supply chains and reduce reliance on China. Photo: Getty Images
China-EU relations

‘Discriminatory’: Chinese firms protest as EU steps up anti-subsidy probes

Chinese business group warns of a ‘targeted and excessive’ campaign as Brussels raids one firm and launches fresh probe against another.

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China trade

China’s food-security push to slash soy imports by two-thirds: Goldman Sachs

Beijing is lowering feed content and making related advancements that analysts say could reduce China’s foreign-soybean dependence dramatically within a decade.

US-China trade war

‘Maximum pressure’: why China is taking Mexico’s tariff move ‘very seriously’

Beijing sees Mexico’s move as driven by a wider US pressure campaign – and could take retaliatory measures, analysts say.

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Mexican President Claudia Sheinbaum proposed tariffs on goods from China and other Asian markets in the name of protecting local industries. Some analysts see the move as a response to US pressure. Photo: TNS
US-China trade war

China may buy Nvidia’s H200 – but homegrown chip strategy here to stay: analysts

Despite Trump easing curbs, domestic chipmakers expected to remain central to Beijing’s tech ambitions.

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The chip industry remains a crucial battleground in the US-China tech rivalry, with the high-end market still dominated by American, Japanese and European companies Photo: Shutterstock Images
The chip industry remains a crucial battleground in the US-China tech rivalry, with the high-end market still dominated by American, Japanese and European companies Photo: Shutterstock Images
China's economic recovery

China sets sights on ‘fully tapping’ domestic market potential after policy meet

Following annual central economic work conference, leaders also pledge to stabilise property sector, fight deflation and curb cutthroat competition to counter risks.

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China-EU relations

Beijing urges Dutch government to push for China visit by Nexperia execs

China’s Ministry of Commerce says trip by Dutch chip firm’s management should be made ‘as soon as possible’ amid heated war of words.

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Banking & finance

China’s sovereign fund reveals it opened London office after Trump win

China Investment Corporation opened its third offshore office in London in December 2024, joining outposts in Hong Kong and New York.

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The City of London financial district’s skyline, as seen from the Thames River. Photo: EPA
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