Global Economy

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Illustration: Lau Ka-kuen

Global Economy

For Harris or Trump, China’s tech factories will be a target. Will it matter?

Both White House candidates would attempt to contain China’s advanced manufacturing, but the country’s industrial ascent appears undeniable.

2 hours agovideocam

Amid EV row with EU, China to ‘stand on grounds of fair competition’: Mofcom

31 Oct 2024 - 11:29PMvideocam

China outlook murky for executives as companies plan for Trump tariff blitz

31 Oct 2024 - 8:00PMvideocam

Global Economy

C919 manufacturer expands footprint with Hong Kong office, maintenance deal

Commercial Aircraft Corporation of China, the manufacturer of the home-grown C919 jet, opened an office in Hong Kong on Wednesday.

31 Oct 2024 - 6:28PMvideocam

The opening ceremony of the Commercial Aircraft Corporation of China’s customer service office in Hong Kong Office. Photo: QQ.com

Global Economy

China’s C919 maker revs up Boeing, Airbus rivalry with Singapore office

Commercial Aircraft Corporation of China opened an office in Singapore to ensure closer and more comprehensive services in the region.

30 Oct 2024 - 7:00PMvideocam

Global Economy

As Harris and Trump tout solar, is a flare-up with China on the horizon?

As US and China battle to secure their energy futures, some predict technology breakthroughs will help level the playing field.

31 Oct 2024 - 9:21AMvideocam

Diplomacy

EU to go ahead with tariffs on Chinese EVs after failure in talks

Beijing sought blanket deal applied to all companies through state-backed chamber of commerce as bloc preferred negotiations with each firm.

30 Oct 2024 - 6:40AMvideocam

BYD electric cars waiting to be loaded on a ship stacked at the international container terminal in Suzhou, Jiangsu province, in September. Photo: AFP

Global Economy

‘Trump victory’ meme stock surges in China as buzzwords outweigh fundamentals

‘It’s fair to say that China’s stock market still lacks maturity, and investors often act irrationally,’ think tank researcher says.

30 Oct 2024 - 8:22AMvideocam

Wisesoft’s stock price also saw a brief spike after the July 13 assassination attempt on former US president Donald Trump. Photo: AP

Global Economy

China sharpens edge in global trade with zero-tariff deal for developing world

With all tariffs for ‘least developed countries’ scheduled to be removed, China is positioning itself as a trade leader for the Global South.

30 Oct 2024 - 9:11AM

China Business

Hurun Rich List: China’s wealthiest lose money due to economy and market slides

The collective wealth of China’s wealthiest people slumped 10 per cent from a year earlier to US$2.97 trillion.

29 Oct 2024 - 5:47PM

Global Economy

China supply-chain focus shifts to ‘least-developed countries’ for expo

Second edition of China International Supply Chain Expo will see more help given to institutions and companies from the African Union, as geopolitics weigh on trade.

29 Oct 2024 - 9:16AMvideocam

Smart cars, one of the themes at last year’s inaugural China International Supply Chain Expo, will again be in the spotlight at next month’s event. Photo: Xinhua

Global Economy

Scrapping of punitive tariffs sparks surge in Chinese imports of Australian wine

Australia’s share of China’s imported wine market plunged to 0.06 per cent last year from 37 per cent in 2019.

28 Oct 2024 - 9:18AMvideocam

Visitors wearing face masks walk past a display of Australian wines and other agricultural products at the China International Import Expo in Shanghai in November 2020. Photo: AP

Global Economy

China leveraging Laos to link up its Southeast Asian economic interests

Premier Li Qiang visited Laos earlier this month, with the relatively undeveloped and small Southeast Asia nation seen as key to China’s plans in the region.

27 Oct 2024 - 9:00AMvideocam

China Economy

China’s GPS rival secures US$1.78 billion as BeiDou system widens reach

BeiDou, China’s satellite navigation system, is continuing its global expansion with numerous investment deals signed at high-profile event.

26 Oct 2024 - 2:00PMvideocam

Global Economy

On your bike? China’s e-bikes charm some, but not everyone is along for the ride

China’s e-bikes offer a budget and environmentally friendly option for consumers, but governments and competitors abroad have raised concerns.

26 Oct 2024 - 6:54AMvideocam

A businessman renting an electric bicycle with a smart phone in London. Photo: Getty Images

Global Economy

China, Brics bloc not ready to reject US dollar despite Russian entreaties

Though Vladimir Putin has called for the group of emerging economies to develop an alternative payment system, enthusiasm appears limited.

25 Oct 2024 - 6:00PMvideocam

Following a summit among the Brics bloc of emerging economies, no progress was evident in the development of an alternative payment system championed by Russia. Photo: Reuters

Global Economy

As China urges global financial reform, Global South ties more crucial: analysts

The world’s second-largest economy is looking to balance the scales of international financial governance under a system dominated by the World Bank and IMF.

24 Oct 2024 - 8:30PMvideocam

Global Economy

China’s biggest trade fair shows how US, EU buyers may be losing interest

Exporters see emerging markets becoming more important to Chinese businesses, despite smaller profit margins and increased payment risks.

24 Oct 2024 - 5:11PMvideocam

Global Economy

Vietnamese lobsters claw back to prominence in China after temporary dip

Following a sharp decline last year, China’s imports of lobsters from Vietnam have returned to healthy levels with the same speed.

23 Oct 2024 - 9:06AMvideocam

Despite low figures for consumption overall, China is continuing to import large numbers of lobsters from countries like Vietnam. Photo: AFP

Global Economy

‘Impossible task’: US businesses grapple with potential new China tech curbs

US businesses with a China footprint are preparing for more rough times as further restrictions on tech exports are set to take effect.

23 Oct 2024 - 9:05AMvideocam

Restrictions on US tech trade with China are likely to escalate, leaving American businesses struggling to keep up. Photo: AFP

Economic Indicators

IMF lowers China GDP forecast on property, consumer confidence despite stimulus

China’s economy is projected to grow by 4.8 per cent this year, the International Monetary Fund said in its World Economic Outlook.

22 Oct 2024 - 9:00PMvideocam

China Business

Full steam ahead as Shanghai ports eye global container volume record

The city is investing in infrastructure and technology to support growth, while also liberalising its finance sector to attract international shipping businesses.

22 Oct 2024 - 8:04PM

Climate and energy

China fuels renewables capacity in Brics nations past 50%

Rapid investments in grid infrastructure and energy storage is needed to fully harness the potential of renewables, expert says.

22 Oct 2024 - 9:54AMvideocam

Workers install a blade of a 16-megawatt wind turbine at the Zhangpu wind farm in southeast China’s Fujian province. Photo: Xinhua

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