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A huge, ship-shaped Louis Vuitton cultural and retail landmark is seen in Shanghai. China’s luxury spending is expected to help drive a global rebound this year. Photo: Getty Images

Global Economy

China’s luxury spending seen boosting global sales in 2026 despite headwinds

Affluent Chinese consumers are expected to splurge, though a volatile property market and oil price shocks pose challenges, analysts say.

From ghost to giant: long skyscraper saga nears finish amid China property woes

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China’s GPS rival, BeiDou, dominates at home. Now, it aims to convert the world

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Big Tech

Competition or ‘co-opetition’: how is convergence shaping Sino-US AI race?

Speech by CEO of Chinese AI start-up at Nvidia event in US highlights symbiotic nature of tech relationship despite geopolitical tensions.

Illustration by Victor Sanjinez
Illustration by Victor Sanjinez

China Economy

Australia’s 180-degree shift from 5 years ago: China in favour; US out

Aussie comedian exposes the truth about nation’s feelings towards US president, democracy and public safety.

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China Economy

Washington launches export initiative to ensure ‘future of AI’ is led by US

Chinese competitors targeted as US companies invited to form consortiums to offer full-stack AI solutions around the world.

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China Economy

‘Liberation Day’ anniversary, war on Iran, Taiwan’s KMT visits Beijing

This week: One year since Trump’s ‘Liberation Day’, China proposes Iran war peace plan in partnership with Pakistan, Hong Kong retains IPO crown. Next week: Taiwan’s Kuomintang leader visits mainland, Chinese airlines raise fuel surcharges, factory-gate prices may end slump, and more.

US President Donald Trump announces worldwide tariffs on April 2, 2025. Photo: Getty Images/TNS
US President Donald Trump announces worldwide tariffs on April 2, 2025. Photo: Getty Images/TNS

China Economy

China to boost frozen pork reserves as hog prices tumble to multi-year troughs

The national average hog price fell to an eight-year low of 10.68 yuan per kg in the fourth week of March.

China Economy

Chinese airlines shed weight, add flights over Russia to trim fuel costs

Some carriers have even removed non-essential items like in-flight magazines from their planes.

Economy

Strait of Hormuz crisis

China remains relatively sheltered by its strategic oil reserves and investment in clean energy, even as Iran’s blockade of the Strait of Hormuz sparks a global energy crisis.

Strait of Hormuz crisis

China Business

Leapmotor targets global growth with Europe R&D hub, eyes Canada assembly

Chinese EV maker lifts overseas sales target as rising fuel costs and easing tariffs boost demand abroad.

A Leapmotor C10 model car is displayed at a showroom in its headquarters in Hangzhou. Photo: Getty Images
A Leapmotor C10 model car is displayed at a showroom in its headquarters in Hangzhou. Photo: Getty Images

Global Economy

The US-China trade war 1 year on: who really holds the upper hand?

A fragile truce prevented all-out confrontation, but Beijing and Washington remain locked in a struggle few analysts see easing any time soon.

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Global Economy

Trump’s ex-China mineral-alliance plan faces cost surge amid Iran war oil shock

Analysts say Middle East turmoil is elevating commodity input costs, affecting processing efforts and prompting push for ‘friendshoring’ to secure resources.

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China Business

China EV makers surge back in March as subsidies and financing spur demand

Carmakers report strong month-on-month gains as policy support and new financing schemes lift buyer sentiment.

The EV rebound has been underpinned by renewed policy support at the local level. Photo: AFP

China Economy

‘False proposition’: state media hits ‘China shock’ as cover for Western anxiety

The state-run Economic Daily says the real problem with the global economy is not China’s strong exports, but rising protectionism.

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Large numbers of cars and containers are stacked at a port waiting for export in China’s eastern Jiangsu province. Photo: AFP
Large numbers of cars and containers are stacked at a port waiting for export in China’s eastern Jiangsu province. Photo: AFP

Economy

Energy transition goals in China’s 15th five-year plan

China’s 15th five-year plan will lay out plans for reaching its “dual carbon” goals, and targets under the Paris Agreement, as it seeks to replace energy from fossil fuels with renewables.

China Economy

Open Questions | Iran war to test China’s self-reliance, Goldman Sachs economist says

Andrew Tilton, Goldman’s chief Asia-Pacific economist, on Iran conflict’s impacts, why exports continue to drive China’s growth and an end to its housing slump.

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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
Nicholas Spiro

Macroscope | Asian central banks largely powerless in face of Iran war energy shock

Nicholas Spiro
David Tingxuan Zhang

Opinion | Reinflate the property sector? No, China wants an ambitious redesign

David Tingxuan Zhang
Chris Pereira

Opinion | Global businesses are piling back into China, drawn by its stability

Chris Pereira
Alex Lo

As I see it | Why China is always misunderstood and misrepresented

Alex Lo
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Marco Vicenzino

Opinion | In age of US-China rivalry, supply chain statecraft counts

Marco Vicenzino
Anthony Rowley

Macroscope | Iran war’s ripple effects are just getting started for Asia

Anthony Rowley
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MULTIMEDIA
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Iran war sparks fuel crises in parts of Asia

Clients queue at a gas station amid rising petrol prices in Karachi on March 7, 2026. (Photo by Rizwan TABASSUM / AFP)
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German leader greeted by robot dance troupe in China

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Chinese tourists have a new favourite country this Lunar New Year

South Korea now tops the list of Lunar New Year destinations for Chinese travellers amid heightened tensions between China and the former top destination, Japan.
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With Maduro out, are Chinese investments in Venezuela at risk?

US move calls into question China’s future financial commitments in Latin American country, potentially hurting Beijing’s regional strategy.
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TRENDING TOPICS
China trade
China manufacturing
China's economic recovery
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China builds record-breaking underwater tunnels to unite eastern, western hubs

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Open Questions | Kenneth Rogoff on why China’s yuan will be a reserve currency within 5 years

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3 Chinese ships exit Strait of Hormuz as PetroChina stresses operations stable

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Australia’s 180-degree shift from 5 years ago: China in favour; US out

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Australia and Japan face jet fuel supply crunch as China cuts exports

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