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Illustration: Davies Christian

China Economy

Europe’s carmakers plan a comeback – powered by EU policies and Chinese tech

New regulations will help EU produce electric vehicles at a price point to match China, but European job losses would be among trade-offs.

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Chinese shipbuilders snap up more supertanker orders amid Iran war turmoil

Taking flight: Airbus secures a big order from Chinese airlines

Global Economy

Red Sea shutdown risk looms as US-Iran tensions threaten another oil surge

Tehran puts Houthi militants on notice to close critical shipping lanes, threatening a fresh supply shock as Brent crude notches 21 per cent rally since early July.

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This July 2025 handout image shows a Liberia-flagged bulk carrier being attacked by Houthi fighters at sea. Attacks by Yemen’s Houthis have prompted many freight companies to detour around southern Africa to avoid the Red Sea. Photo: AFP
This July 2025 handout image shows a Liberia-flagged bulk carrier being attacked by Houthi fighters at sea. Attacks by Yemen’s Houthis have prompted many freight companies to detour around southern Africa to avoid the Red Sea. Photo: AFP

China Economy

China ramps up output of ‘industrial gold’ ethylene amid Iran war disruptions

PetroChina’s Xinjiang hub shifts output to the western interior region to rebalance coastal-heavy sector and hit green goals as Middle East conflict flares.

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Tech War

Xi’s call on AI, Trump blasts China, US tariffs

This week: Chinese president urges open and secure AI, US leader accuses Beijing over 2020 election, GDP growth slows. Next week: US global tariff expiry, Apec ministers meet, Hong Kong lawmakers decamp to Beijing.

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Policy

China speeds up new overseas quotas to expand global reach of domestic investors

Move to expand QDII quotas signals a deeper opening of China’s markets and growing appetite for global assets.

A large screen shows stock exchange and economy data in Shanghai. Photo: EPA
A large screen shows stock exchange and economy data in Shanghai. Photo: EPA

Policy

Xi Jinping’s keynote speech at the World AI Conference

The Chinese president addressed the opportunities and challenges of AI, urging the country to seize the “rare historic opportunity” of AI-driven growth by embracing technological openness.

China Economy

China and Kazakhstan agree to add 28 round-trip flights a week

Officials meeting in Beijing also expanded list of approved Chinese cities to 11, including Chongqing.

China

Chinese scientist sodium battery leap; petition to boot Argentina: 7 highlights

From Hong Kong’s exceptional IB results to Louis Vuitton suing China’s trademark regulator, here are highlights from SCMP’s recent reporting.

A flashpoint in the controversial Argentina v Egypt match, when referee Francois Letexier shows a red card to an Egyptian staff member. Photo: dpa

China Economy

Open Questions | Citic Capital CEO on making China a financial powerhouse

Ex-Wall Streeter Zhang Yichen on attracting capital to China, building up its bond market and helping foreign firms better serve Chinese consumers.

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Illustration: Henry Wong
Illustration: Henry Wong

China Economy

China’s population ageing seen as ‘inevitable’ by 2050. Why push more births?

Raising the fertility rate above 1.3 still remains crucial to preventing a far worse scenario later in the century, analysts say.

China Business

Race against Tesla: China’s Xpeng eyes 2027 global launch for viral Iron robot

CEO He Xiaopeng projects the firm will sell 1 million robots by 2030 after ramping up mass production.

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Economy

Lab monkey prices soar as China’s biotech boom fuels windfall for breeders

In the first six months to June 30, there were 81 cross-border deals for innovative medicines worth a combined record of US$110 billion.

China accounts for about 30 per cent of all new medicines currently under development worldwide, ranking second globally. Photo: Shutterstock Images

China Economy

Shanghai’s computing-grid coordination marks a national first

Led by State Grid’s local subsidiary, trial marks the largest single city-level adjustment of computing power load, says official newspaper.

Shanghai has pioneered the synergisation of computing centres with the power grid for peak-load management – a national first – as part of Beijing’s push to enhance computing-grid coordination. Photo: Handout
Shanghai has pioneered the synergisation of computing centres with the power grid for peak-load management – a national first – as part of Beijing’s push to enhance computing-grid coordination. Photo: Handout

Global Economy

Helium squeeze: China vows trade controls on gas to shield critical industries

A by-product of LNG production, helium is critical for hi-tech industries including semiconductors, medical equipment and aerospace.

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China Business

Charging ahead: why BYD plans to build 3,000 ‘flash-charging’ stations in Europe

The facilities will support BYD’s latest flash-charging technology, which can reportedly recharge a car’s battery in just 10 minutes.

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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?

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Illustration: Henry Wong
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.

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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.

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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.

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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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OPINION
James David Spellman

Opinion | To stay competitive, Chinese brands must learn to command agentic AI

James David Spellman
David Chao

Opinion | How domestic tourism is driving Chinese consumption and growth

David Chao
Matteo Giovannini

Opinion | Connect scheme for gold shines light on China’s financial liberalisation

Matteo Giovannini
Tan Poh Hwee

Opinion | Markets, not politics, will make China’s yuan a global currency

Tan Poh Hwee
Tang Meng Kit

Opinion | EU isn’t just selling aircraft to China. It’s helping strengthen a competitor

Tang Meng Kit
Anthony Rowley

Macroscope | Don’t expect the rising tide of AI to lift all boats

Anthony Rowley
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MULTIMEDIA
Video

How China’s malls are trying to stay relevant

Wire
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Video

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
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Video

The Iran war is going to hurt your skincare routine

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Video

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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TRENDING TOPICS
China trade
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China's economic recovery
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MOST POPULAR
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Fashion statement: Louis Vuitton takes China’s trademark regulator to court

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One giant leap for the state: how China’s aerospace model differs from SpaceX

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Did Trump’s tariffs paint the US into an economic corner?

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China’s second-quarter GDP misses mark, with lowest reading since end of 2022

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How a quiet Chinese fishing village became a global surfing hotspot

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