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President Xi Jinping and US President Donald Trump in Beijing on May 14. Photo: Kyodo

Global Economy

Why China’s top AI pioneers are expected to miss this week’s Xi-Trump summit

Beijing has not officially announced details of the delegation, but the leaders of DeepSeek and Moonshot AI are absent from the reported list.

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China tightens fentanyl precursor controls ahead of Xi-Trump meeting

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Weathering the storm: can China’s grain reserves defend against El Nino?

China Economy

Once key economic weapon, US-China soy trade offers fragile relief from tensions

As the two nations address disputes ahead of the Trump-Xi summit, some American soybean farmers say they are in a better position than in 2025.

A farmer shovels soybeans in Nebraska on April 6. Photo: AP
A farmer shovels soybeans in Nebraska on April 6. Photo: AP

Economy

PBOC pledges further opening-up to foreign financial institutions

PBOC governor Pan Gongsheng vows to promote ‘high-level financial opening-up’ in meeting with foreign banks and investment firms.

Global Economy

A shift by China towards service-based economy may realign trade, EU group says

The nation has seen little progress towards addressing ‘involution’, with output still growing beyond absorption rate, says an EU trade group.

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Policy

Could Saudi Arabia’s mBridge exit dent China-led payments platform?

The departure sends political signal rather than materially threatens project, analysts say.

The logo of Saudi Central Bank. Photo: Shutterstock
The logo of Saudi Central Bank. Photo: Shutterstock

Global Economy

In Focus | The US-China tech war has evolved since Xi and Trump last met. Who has the edge?

The two sides have found new sources of leverage across AI, chips, rare earths and wider technology supply chains since the US leader’s May visit to Beijing.

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Policy

Air China makes special New York flight over objections of US aviation group

Major American carriers protested to US Transport Department, saying Chinese rivals gain an unfair edge from access to Russian airspace.

China 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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A visitor exits an electric vertical takeoff and landing (eVTOL) aircraft in China’s Hubei province earlier this year. Photo: Xinhua

China Economy

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

Prominent advisers note importance of central authorities expanding borrowing to fund infrastructure before the current window of subdued inflation closes.

People carry bags while walking through the central business district in Beijing. Photo: Getty Images
People carry bags while walking through the central business district in Beijing. Photo: Getty Images

Diplomacy

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

Eight hours of trade talks on Sunday produced agreements on artificial intelligence and trade as President Xi Jinping readies to fly to the US.

Policy

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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Global Economy

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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The Imperial Oil refinery in Sarnia, Ontario, Canada, on September 2. Photo: Reuters

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.

Photo: Xinhua
Photo: Xinhua

China Economy

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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Global Economy

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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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
Nong Hong

Opinion | Success of Xi-Trump summit lies in what happens afterwards

Nong Hong
Ziang Liu

Opinion | Why more export controls won’t stop China’s industrial engine

Ziang Liu
Kishore Mahbubani,Steven Okun

Opinion | Western businesses need to crack the new CIA: China, India and Asean

Kishore Mahbubani
Steven Okun
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Nicholas Spiro

The View | Why Shanghai offers hope for China’s ailing real estate market

Nicholas Spiro
Anthony Rowley

Macroscope | As US leadership proves unreliable, Asia needs to start focusing on itself

Anthony Rowley
Michael Han

Opinion | Beijing can rewrite China’s property rules, but it can’t undo the damage

Michael Han
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MULTIMEDIA
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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02:15
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
02:15
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