Emma Ma
Reporter, Political Economy
Before joining the SCMP, Emma was a reporter for a state-run organisation for 16 years.
Before joining the SCMP, Emma was a reporter for a state-run organisation for 16 years.
Areas of Expertise:
financial sectors, real estate, economyLanguages Spoken:
English, Mandarin
Hangzhou tech hub looks to end financial incentives for development of light aerial vehicles, including eVTOLs, signalling more optimised regulations after June crash.
Appointment comes as Vice-Premier He Lifeng leads a delegation to the US ahead of expected Xi-Trump meeting.
As Beijing tightens tax collection, some mainland residents who previously worked in Hong Kong are being asked to explain their MPF accounts.
The escalating campaign comes as officially identified hidden debt shrinks, even as broader estimates of local financing vehicle liabilities remain far larger.
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Analysts say the proposed surtax – a reworking of three local revenue sources into one semi-autonomous levy – should help streamline finances.
Beijing’s outline calls for boosting domestic market and innovation while controlling capacity to avoid involution effects.
Beijing is also holding talks with French companies over whether they received subsidies that may have partly benefited their Chinese operations.
Geopolitical tensions and strikes on energy infrastructure are tightening supply expectations, threatening to push oil higher and curb China’s appetite for imports.
Geopolitical tensions and US dollar concerns have seen Shanghai and Hong Kong step up efforts to build gold storage infrastructure.
Global refined-product exports were down 25 per cent year on year in August, with losses concentrated in Russia and the Persian Gulf, analysts say.
Fresh military strikes in the Middle East have sent energy prices surging, leaving traders to grapple with renewed volatility.
The firm launched an investigation following the lay-offs in Jiangsu province of over one hundred graduates a month after they were hired.
Beijing aims to restore buyer confidence, trading near-term financial pain for some developers for long-term market stability, analysts say.
Chinese makers of low-flow taps, garden gear and insulated drinkware are seeing European orders surge as heatwaves and drought reshape demand.
The latest hold-up has yet to meaningfully roil lithium carbonate prices but the impact may be felt during the fourth-quarter.
Ding Xuexiang discusses a fiscal reset through expanded local discretion, bigger outlays from the central government and scientific fiscal management pilots.
Trade barriers, oversupply and falling export prices are squeezing steel producers as the Qiushi Journal warns against letting the industry contract.
China rolls out credit subsidies for cars, home renovations to boost weak economy, but some analysts warn the measures fall short.
Dozens of firms that source from the region were added to a US import blacklist, but few appear worried after years of diversification.
The megacity joins Beijing in further easing financial barriers for homebuyers, as authorities push to spark a durable recovery.
The extreme weather arrives during a prolonged pre-Christmas peak shipping season for the port.
Once a reliable vehicle for tax avoidance, offshore trusts are being reconsidered as enforcement bodies step up their efforts, backed by new regulations.
Operators are fast-tracking northern routes that bypass vulnerable chokepoints in the Middle East.
Beijing can weather current trade friction but tightening restrictions on open-weight models complicate outlook, analysts say.
Formerly moribund facility on Yangtze River fills order book as shipowners favour small and medium-sized container vessels.
Declining fiscal revenue is prompting tax authorities to scrutinize offshore trusts and equity gains.
Five listed firms, operating mainly in automotive and healthcare sectors, disclosed payouts, as reversal of duties strains US customs revenue.
Exports surge in first half of year, as the superior heat dissipation of diamonds expands market beyond jewellery, positioning China for further growth.
Prudential, AIA and HSBC slid following report of the insurance levy, though Goldman Sachs says profit fallout may be limited.
