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Economy /

China Economy

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Belt and Road Initiative
Asia housing and property
US-China trade war
A visitor exits an electric vertical takeoff and landing (eVTOL) aircraft in China’s Hubei province earlier this year. Photo: Xinhua
Low-altitude economy

Low-altitude sector hits turbulence in China’s Hangzhou as subsidies face repeal

Hangzhou tech hub looks to end financial incentives for development of light aerial vehicles, including eVTOLs, signalling more optimised regulations after June crash.

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China's economic recovery

Economists urge Beijing to act fast on local-level debt while prices remain low

2026 Xi-Trump summits

US, China agree AI dialogue ahead of Trump-Xi summit

2026 Xi-Trump summits

Rising toll of US-China trade, tech curbs in focus ahead of summit

Impacts of reciprocal restrictions eroding profits, disrupting supply chains and intensifying market competition are back in the spotlight.

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US chipmaker Nvidia recorded a US$400 million charge for excess H200 inventory and purchase obligations. Photo: Reuters
US chipmaker Nvidia recorded a US$400 million charge for excess H200 inventory and purchase obligations. Photo: Reuters
China energy security

Canada sells more oil and gas to China as relations with US sour

China’s imports of Russian energy products also rise sharply as Beijing diversifies its energy supplies.

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China economy

China’s five-year plan for pharmaceuticals and biomedicine

China aims to become a global drug powerhouse by 2030, according to its five-year development plan for the pharmaceutical and biomedicine sector.

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2026 Xi-Trump summits

Chinese province urges firms to capitalise on warm US ties before Xi-Trump talks

Eastern manufacturing centre Zhejiang asks traders to find opportunities for US exports in rare period of detente in run-up to leaders’ summit.

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On the morning of August 28, U.S. Senator Steve Daines led a delegation to visit Zhejiang University in Hangzhou, China, touring the Future Learning Center. Photo: Zhejiang University
On the morning of August 28, U.S. Senator Steve Daines led a delegation to visit Zhejiang University in Hangzhou, China, touring the Future Learning Center. Photo: Zhejiang University
China-EU relations

Open Questions | ‘Trade is never free’: former WTO chief Pascal Lamy on the EU’s China challenge

He says Chinese authorities’ lack of interest in addressing structural macroeconomic imbalance a ‘huge problem’ for European Union.

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2026 Xi-Trump summits

Up in the air? Why Boeing’s massive China deal could hinge on Trump-Xi talks

Beijing agreed to buy 200 Boeing jets during Trump’s visit to China in May. But the deal has yet to materialise – and could depend on summit outcome.

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China-Middle East relations

Chinese firms keen on Oman’s International Financial Centre: official

Neutrality amid US-Israel war on Iran cited as an advantage, as well as location of ports away from Strait of Hormuz.

A highway in Muscat, Oman. Photo: Shutterstock Images
China property

Will incentives give China’s housing market more than a short-lived rebound?

Sales of new units in cities like Shanghai and Shenzhen have risen following central government moves designed to revive buyer confidence.

Blocks of high-rise flats in Shanghai. Photo: JPix/NurPhoto via Getty Images
Blocks of high-rise flats in Shanghai. Photo: JPix/NurPhoto via Getty Images
China’s private sector

Top French Design Award given to €20 uniform design for China’s delivery drivers

Developed with the assistance of Jack Ma, designers aimed to bestow dignity on the drivers, an ‘important profession’, the lead designer says.

Kazakhstan

Reporter’s notebook: Kazakhstan trip shows promise, limits of Central Asia ties

It will soon be possible to fly direct from Hong Kong to Almaty, but in the meantime a little flexibility is required.

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Rare earths

Chinese miners partner to tap Tibet gold, copper in latest resource push

Xizang Zhihui Mining and Zhaojin Nonferrous Mining will pursue joint investment in mining projects in the autonomous region.

Tibet ranks first nationwide for identified resources of copper (pictured), chromium, antimony, salt-lake lithium and boron. Photo: Shutterstock Images
China energy security

China’s crude imports are rising again. What will that mean for oil prices?

China’s plunging oil imports prevented a bigger price spike after the Iran war broke out, but its crude purchases are now ticking up again.

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Drivers line up to refuel at a petrol station in Nanjing, Jiangsu province. Photo: EPA
Drivers line up to refuel at a petrol station in Nanjing, Jiangsu province. Photo: EPA
2026 Xi-Trump summits

Xi-Trump summit preview: what are the best and worst scenarios?

Tariff cuts or a new 7.5 per cent duty on China? Possible outcomes on the cards as leaders navigate a trade truce and a widening tech schism.

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Banking & finance

Mainland Chinese tax drive flags Hong Kong MPF accounts as offshore trusts

As Beijing tightens tax collection, some mainland residents who previously worked in Hong Kong are being asked to explain their MPF accounts.

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China-EU relations

Open Questions | Pascal Lamy says Europe at ‘moment of truth’ on China trade

Former World Trade Organization chief believes Chinese authorities’ lack of interest in addressing structural macroeconomic imbalance presents a ‘huge problem’ for European Union.

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Illustration: Henry Wong
Illustration: Henry Wong
Infrastructure

Can the new Pinglu Canal become China’s Yangtze of the southwest?

The 134.2km waterway promises shorter routes to the sea and lower transport costs, potentially reshaping the fortunes of landlocked regions.

China-EU relations

Brussels announces dates for next round of China-EU trade talks in Beijing

October 8-9 schedule revealed after video call between European Trade Commissioner Maros Sefcovic and Commerce Minister Wang Wentao.

China debt

China publicly names officials in ‘unprecedented’ debt crackdown. Can it work?

The escalating campaign comes as officially identified hidden debt shrinks, even as broader estimates of local financing vehicle liabilities remain far larger.

Workers are seen at the construction site of a railway bridge over Yachi river in Bijie, Guizhou province. Photo: Reuters
US-China tech war

In Focus | China’s rocket recovery was a space race milestone. Is a relaunch within reach?

SpaceX might have a head start in reusable rockets, but Chinese commercial space companies are exploring ways to catch up in the cost-saving tech.

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Illustration: Huy Truong
Illustration: Huy Truong
Banking & finance

What does the rate increase by the US Fed mean for the Chinese yuan?

Analysts weigh whether Beijing is set to push ahead with a rate cut to bolster China’s economy despite the US Fed raising interest rates.

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China manufacturing

Xi’s industrial power play sees China bet big on AI, chips and smarter factories

Beijing is accelerating its push for resilient supply chains amid geopolitical tensions and domestic weaknesses.

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China jobs

Record graduate influx pushes China’s youth unemployment rate to 18.9%

Anxieties over AI’s growing threat to entry-level roles add to existing concerns about economic doldrums caused by weak domestic demand.

A university graduate promotes products via livestreaming in Milin, in western China’s Tibet autonomous region, on September 14. Photo: Xinhua
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