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At least one branch of the Bank of East Asia (BEA) in Shanghai has banned mainland Chinese customers from opening Hong Kong bank accounts. Photo: May Tse

China Economy

Hong Kong banks tighten rules in mainland China as Beijing pores over outflows

Some banks are exercising more caution with offshore accounts for their mainland China clients amid tighter investment controls from Beijing.

3 Jun 2026 - 10:37PM

China’s new plan to feed 1.4 billion people: AI, gene editing and edible algae

3 Jun 2026 - 9:30PMvideocam

How China plans to turn the AI computing boom into a new financial market

3 Jun 2026 - 9:00PM

China Economy

Exclusive | EU and China set for Paris talks this week as trade war fears mount

Bloc puts ‘carrot-and-stick’ approach to test in high-stakes meeting with Beijing’s international trade envoy on sidelines of OECD meeting.

3 Jun 2026 - 8:55PMvideocam

While there is acknowledgement in the EU of the growing quality of Chinese exporters, concern remains that it is tainted by unfair trading practices that make competition impossible for European firms. Photo: AFP

Policy

Trump signs looser AI order amid China competition concerns

The US government will get 30 days, instead of 90, to review new AI models under voluntary guidelines approved by President Donald Trump.

3 Jun 2026 - 5:04PM

Global Economy

China among top buyers as gold overtakes US Treasuries in global reserves: ECB

Higher prices and global shocks have fuelled demand for gold, as central banks hedge against uncertainty.

3 Jun 2026 - 5:00PM

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China Business

Tesla’s China sales surge to 2026 high, but rivals crowd the rear-view mirror

Tesla’s China sales rebounded in May on financing incentives and stronger demand, but local competitors are gaining momentum.

3 Jun 2026 - 4:05PM

A Tesla vehicle on display at a Beijing showroom. Deliveries from the carmaker’s Shanghai plant hit a 2026 high in May. Photo: AFP

China Economy

Global oil stockpiles could fall to ‘critical levels’ by summer, IEA warns

Even China’s inventories are now starting to decline, with Gulf oil supplies likely to take months to recover even if a peace deal is agreed.

3 Jun 2026 - 3:14PMvideocam

Global Economy

China’s AI chip demand is surging – and South Korea is riding the wave

Strong demand for memory chips has reshaped South Korea’s exports to China – but analysts warn the gains could be short lived.

3 Jun 2026 - 11:56AM

China Economy

Open Questions | Nobel economist on China’s chance to upskill youth for AI age

James Heckman, Nobel laureate, points to the economic benefits for China of making changes to education, especially in rural areas.

3 Jun 2026 - 7:15AMvideocam

Illustration: Lau Ka-kuen

China Economy

Why China’s C909 jet is rapidly being deployed in Xinjiang

The Chinese-made jet debuted in Xinjiang as recently as 2023, but is now being used on more than 120 routes in the region.

3 Jun 2026 - 7:00AMvideocam

The C909 regional jet has transported more than 30 million passengers since launching a decade ago. Photo: Sina

Global Economy

The next tech war? Why biotech may become a new US-China battleground

China’s biotech industry is rapidly moving up the value chain, prompting fears in the US and calls for tighter controls.

2 Jun 2026 - 7:00PMvideocam

China Economy

Australian beef will soon be hit by 55% tariff in China, ministry says

China’s imports of Australian beef are about to surpass a quota introduced by Beijing to protect domestic farmers.

2 Jun 2026 - 6:30PM

Policy

China boosts trade-war toolkit with cross-border investment overhaul

Unifying and strengthening cross-border investment rules will help China fight potential trade wars with the US and Europe.

2 Jun 2026 - 5:04PM

Image: VCG/Getty Images

China Economy

How a WeChat mini-program is helping China fine-tune drone regulation

New flight-clearance model is being promoted in Shanghai and Sichuan, but Beijing’s skies remain off-limits.

2 Jun 2026 - 6:30PM

A visitor watches video from a drone at the AWE trade fair in the Shanghai Eastern Hub International Business Cooperation Zone on March 14. Photo: NurPhoto via Getty Images

Policy

China’s new outbound investment rules

SCMP Plus annotates new investment rules released by China’s State Council in the wake of the high-profile Nexperia dispute and Meta’s aborted acquisition of Manus.

2 Jun 2026 - 3:13PM

China Economy

Macau taps into Project mBridge digital currency platform

Project mBridge is seen as part of Beijing’s push to establish alternatives to traditional, US-dollar-centric payment networks.

2 Jun 2026 - 6:08PM

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Global Economy

Why America’s brute-force effort on rare earths may not work against China

China spent decades carving out a commanding lead in the rare earth realm. Now the US wants its old piece of the supply chain back – is it still within reach?

6 Aug 2025 - 10:14AMvideocam

Illustration: Henry Wong

Global Economy

Chinese ‘vertical dramas’ are booming in America. Should Hollywood be worried?

Chinese platforms hosting bite-size soap operas about werewolves and mafia dons are drawing big audiences – and shaking up the streaming market.

17 Aug 2025 - 7:51AM

China Economy

As megacities slow, China’s smaller counties lead as new consumer hotspots

Survey last year found that nearly 80 per cent of consumers in China’s third- and fourth-tier cities were optimistic about the economy.

15 Aug 2025 - 8:41AMvideocam

China Economy

China rises up ‘elite quality’ league table as AI investment booms

China ranked 19th in the latest Elite Quality Index, which assesses whether national elites create sustainable value for their countries.

15 Aug 2025 - 9:00PMvideocam

Visitors watch humanoid robots fight at the Unitree Robotics booth during the World Robot Conference in Beijing. China has invested heavily in artificial intelligence, robotics and other emerging sectors in recent years. Photo: Reuters

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How China’s malls are trying to stay relevant

Wire

World’s top condom maker to raise prices over Iran war

ONE condoms by Karex on display in Petaling Jaya, Malaysia April 21, 2026. REUTERS/Hasnoor Hussain

The Iran war is going to hurt your skincare routine

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Small hobby businesses hit by rising costs from Iran war

Thai figurine studio founder calls for an urgent lifeline to help small businesses stay afloat

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Why are Asia’s families eyeing liquid assets to secure their children’s wealth?

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