double-skinned crabsVietnamese crab exporter
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Economy

Container ships at a port in Lianyungang in China’s Jiangsu province. Photo: AFP

China Economy

China’s trade surplus tops US$1 trillion ahead of Xi-Trump talks

An AI-fuelled jump in computer chip exports has helped put China on track to beat last year’s record US$1.2 trillion annual trade surplus.

Pricing, financing hinder EU rare earths push as China extends controls pause

How China is expanding the yuan’s reach in Africa despite adoption obstacles

Economic Indicators

China’s imports outpace exports in October as trade surplus passes US$1 trillion

Exports rose 35.2 per cent year on year last month, while imports grew by 41.6 per cent, customs data shows.

An overseas buyer chats with a shoe exhibitor at the China Import and Export Fair, also known as the Canton Fair, in Guangzhou, Guangdong province, last week. Photo: Xinhua
An overseas buyer chats with a shoe exhibitor at the China Import and Export Fair, also known as the Canton Fair, in Guangzhou, Guangdong province, last week. Photo: Xinhua

Economy

As C919 delivery lags, GE signs US$12.9b in China jet engine deals

Top C919 operator secures spare engines, but deliveries of domestic-made jets lag far behind expectations amid challenges getting US parts.

China Economy

China plans to boost yuan use in shipping risk-pricing, reduce reliance on West

Beijing issues guidelines to strengthen its maritime insurance as global tension and trade disruptions highlight the industry’s importance.

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Economic Indicators

China’s producer prices accelerate even amid weak consumer inflation

Chinese manufacturers are rushing into exports as surging raw material costs, weak demand and excess capacity squeeze margins at home.

Workers operate on a textile production line in China’s Jiangsu province. Photo: Xinhua
Workers operate on a textile production line in China’s Jiangsu province. Photo: Xinhua

Economy

Why is China’s demand for gold continuing to grow despite falling prices?

World Gold Council says Chinese gold ETFs led regional growth last month, with US$784 million in inflows, but jewellery demand was muted.

5

China Economy

China’s tax compliance drive falls short of covering fiscal gaps, report says

Meanwhile, fiscal tightening is acting as a drag on economic growth, analysts write.

4

Big Tech

Nvidia CEO Jensen Huang admits to affair; board orders investigation

In memo published on company website, he apologises to his family and colleagues.

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Nvidia CEO Jensen Huang. Photo: AFP)

Economic Indicators

China’s factory gate inflation accelerates with highest PPI increase since 2022

China’s consumer price index, another inflation gauge, rose 0.7 per cent year on year last month, falling below expectations.

Employees work at a factory in east China's Jiangsu province on October 31. Photo: Xinhua
Employees work at a factory in east China's Jiangsu province on October 31. Photo: Xinhua

Tech

Open Questions | Consumer goods ‘should not be dragged into political conflicts’: Dong Mingzhu

Gree chairwoman, recently named a ‘Cool Leader’ by UN Environment Programme, says green energy is one emerging growth driver.

China Economy

China urged to target sugar-rich drinks during consumption tax overhaul

Researchers warn it would be unfair to leave the growing number of made-to-order bubble tea stores out of any sugar tax equation.

8

China Economy

Robots’ arrival set to give Chinese asparagus farmers a boost

Intelligent robots that can harvest, transport and sort the lucrative vegetable made their debut in Lianshui county last month.

Asparagus can be purple, green or white. Photo: Shutterstock

China Economy

US buyers at China’s largest trade fair soar over 20% after Xi-Trump meeting

The Canton Fair saw a big jump in attendees from both the US and Europe, but deals continue to face headwinds from high Western inflation.

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An overseas buyer tries on a pair of AI glasses at the Canton Fair in Guangzhou. Photo: Xinhua
An overseas buyer tries on a pair of AI glasses at the Canton Fair in Guangzhou. Photo: Xinhua

China Business

How China’s EV quality drive may help foreign carmakers regain ground

Struggling international marques highlight safety and reliability as Beijing raises scrutiny of vehicle design and production.

China Economy

Chinese tourists avoid Thailand amid fears of floods, kidnapping and scams

October downturn partly stems from Bangkok floods, with travellers warned to remain vigilant against scams promising high-paying jobs.

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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.

6

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.

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.

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
Djoomart Otorbaev

Opinion | China’s new industrial strategy in Africa has global implications

Djoomart Otorbaev
Bob Savic

Opinion | China-Swiss trade partnership offers a model amid fraught EU ties

Bob Savic
Nicholas Spiro

Macroscope | China’s industrial strength keeps it from ‘turning Japanese’

Nicholas Spiro
4
Alex Lo

As I see it | Why jaw-jaw is the best route EU leaders can take right now

Alex Lo
26
Nicholas Spiro

Macroscope | Investors mistaken to think India, Indonesia sell-offs are the same

Nicholas Spiro
Erwin R. Tiongson

Opinion | From the pandemic to Iran war, the global economy has suffered massive losses

Erwin R. Tiongson
9
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MULTIMEDIA
Infographics

SCMP Plus Going Global 100

SCMP Plus Going Global 100
Video

How China’s malls are trying to stay relevant

Wire
02:34
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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