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China economy

China economy
Breaking news and analysis on China’s economy, including its opening up, the US-China trade war, the impact of tariffs and trade talks, growth rates and other key economic data, the Belt and Road Initiative, and Greater Bay Area plan.
Illustration: Craig Stephens
US-China relations

Opinion | 3 realities shaping China-US tech competition

Beijing’s policy priorities point to a more intense, multidimensional contest, with a smaller but still meaningful space for cooperation.

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Electric & new energy vehicles

Chinese carmakers step up global expansion using idled foreign facilities

US-China trade war

China and US begin fresh round of trade talks in Paris

China consumption

Chinese bubble tea chain Mixue straps in for theme park project

World’s largest food-service chain is looking to monetise its Snow King mascot and give a boost to hometown economy.

Mixue’s Snow King mascot strikes a gong during the company’s listing ceremony at the Hong Kong Stock Exchange in March last year. Photo: Reuters
Hong Kong economy

Opinion | Hong Kong can play vital part in boosting crucial Sino-India relations

India is a vibrant, emerging and complex power with much to offer the city and China as a whole.

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US-China trade war

US-China trade talks: what to expect as senior officials meet in Paris

Both sides have short-term incentives to maintain their ‘trade truce’ so they can focus on dealing with domestic issues, analysts say.

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US-China trade war

Trade talks, ‘raising lobsters’, tech earnings

This week: US-China trade negotiators ready for talks in Paris, AI agent OpenClaw sweeps China, the ‘two sessions’ ends and exports surge. Next week: Tencent and Alibaba post earnings, retail sales leads data rush, Japan’s Takaichi visits the White House and more.

US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng in May. Photo: Handout via Reuters
China's population

Can AI help China cushion economic fallout from its rapidly ageing population?

As fertility rates fall, Asian economies face a daunting challenge – sustaining growth with fewer workers.

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Chow Tai Fook

Bling it on: Chow Tai Fook’s US$115,000 gold AirPods case sparks online buzz

Gold gadgets and hair clips ignite discussion online as the jeweller looks to the ultra-rich to set the gold standard for luxury spending.

Electric & new energy vehicles

Tesla’s 91% February sales jump in China defies overall market slowdown

The US carmaker’s Shanghai Gigafactory delivered nearly 58,600 vehicles last month, with the Model Y topping the sales chart.

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Tesla cars are displayed outside a showroom in Chongqing, China. Photo: Getty Images
Two Sessions 2026

China’s central-local fiscal flows should be parent-child relationship: adviser

‘Central finance is like a father … while local governments are like children,’ tax policy expert says, affirming support for revenue-sharing reforms.

Chinese 100 yuan banknotes. Photo: Reuters
China consumption

Beijing urged to boost rural pensions as lawmakers fight for farmers’ fair share

Appeals highlight a long-standing lack of benefits for elderly citizens outside cities, and proposals include leveraging state assets and new taxes to bridge the vast disparity.

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Two Sessions 2026

Editorial | China’s ‘two sessions’ passes smoothly despite global turmoil

As long as China focuses on economic development, Hong Kong can leverage its unique strengths to seize opportunities.

US, Israel war on Iran

In a new age of disorder, is it time for China to rethink non-intervention?

With the Iran crisis, the world is in a ‘jungle phase’ and Beijing should work on interventionism 2.0, government adviser says.

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The Thai‑flagged cargo ship Mayuree Naree smoulders after being hit by Iranian missiles in the Strait of Hormuz on Wednesday. Photo: EPA/Royal Thai Navy
China exports

Chinese firms should focus on stable regions when going global: entrepreneur

Escalating Middle East conflict, currency fluctuations make destinations like Southeast Asia, Australia attractive, top business leader says.

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Liu Yonghao, founder and chairman of New Hope Group, speaks at an event in Beijing in 2018. Photo: Simon Song
US-China trade war

Trump’s tariff investigation ‘bluff’ will not work on China, analysts warn

Beijing has grown wise to the US president’s ‘art of the deal’ tactics and will not be fazed by the new Section 301 investigations, analysts say.

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Artificial intelligence

Amid OpenClaw frenzy, China’s central bank adds to cybersecurity warnings

People’s Bank of China says deployment of AI in financial sector should be ‘proactive yet prudent, safe and orderly’.

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China food security

China targets record food-security push in shadow of US-Israeli war with Iran

Beijing is pushing for bigger harvests in its new five-year plan, coinciding with renewed pressure on global supply chains.

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Workers harvest rice in China’s Zhejiang province in October. Photo: Xinhua
China airliners

China’s 5-year jet goals target C919 output, a new engine and less reliance

Amid geopolitical risks and supply-chain disruptions, Beijing is looking to shore up self-sufficiency in aircraft components, and an analyst says it has its work cut out.

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China manufacturing

China’s industrial policy goes global, challenging decades of free market rule

China’s tighter embrace of industrial policy in recent years has transformed its economy – and other countries are following suit.

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Two Sessions 2026

Opinion | More abundance, less prosperity: why 2 Chinas are emerging

China’s 15th five-year plan doubles down on investing in technology at the expense of household wealth.

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Illustration: Craig Stephens
China trade

As Iran war hits trade hubs, China’s logistics firms rush for alternatives

Disrupted Middle East transit routes squeeze sector, pushing freight costs higher and pressuring supply chains.

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About half of China’s oil comes from the Middle East, underscoring the importance of the Strait of Hormuz (pictured, with anchored LPG gas tanker on Wednesday), which also serves as a crucial trade corridor for the country’s exports. Photo: Reuters
China’s private sector

Eli Lilly boosts China footprint with US$3 billion plan to expand supply chain

US firm is strengthening its China operations amid an intensifying expansion race with other pharmaceutical giants.

Artificial intelligence

Demand for AI talent in China outpaces other ‘new-economy’ sectors

AI-related positions accounted for more than a quarter of new-economy job listings in the first two months of the year, report says.

China trade

India opens door to more Chinese investment after 6-year freeze

New Delhi’s easing of foreign investment rules comes amid a cautious push by India and China to repair ties after years of tense relations.

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Indian Prime Minister Narendra Modi shakes hands with Chinese President Xi Jinping during a bilateral meeting on the sidelines of the Shanghai Cooperation Organisation summit in Tianjin in 2025. Photo: AFP
Two Sessions 2026

China’s ‘two sessions’ 2026: everything you need to know

From US ties post-Iran to new tech innovation strategies, here is everything you need to know about China’s ongoing ‘two sessions’.

Delegates exit the venue after the second plenary meeting of the Fourth Session of the 14th National People’s Congress (NPC) of China in Beijing. Photo: EPA
Electric & new energy vehicles

Geely beats BYD sales in first 2 months of 2026 to become China’s top carmaker

Geely’s sales rise 1 per cent to 476,327 units in January and February, while BYD’s sales slump 38.5 per cent to 400,241 units.

China energy security

How is China insulating its energy security amid geopolitical shocks?

Increasing oil and gas exploration, pushing ahead with green transition among contingency plans in place, geologist NPC deputy says.

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