Advertisement
Xinyi Wu
Reporter, Political Economy
Xinyi joined the Post in 2024, starting out in Hong Kong. She previously reported on business news in Singapore and taught writing at a university in Shanghai. She graduated with a degree in anthropology from Yale-NUS College.
Xinyi joined the Post in 2024, starting out in Hong Kong. She previously reported on business news in Singapore and taught writing at a university in Shanghai. She graduated with a degree in anthropology from Yale-NUS College.
Areas of Expertise:
China economyLanguages Spoken:
English, Mandarin
Cold War 1994 and The Devil Wears Prada 2 were tipped to shine in a crowded release window – but many consumers chose to stay away.
New initiative lets consumers use home-grown apps like Alipay for cross-border payments – supporting Beijing’s push to expand regional financial links.
China aims to solve its graduate jobs crisis by sending academic students to vocational school. But many young people remain sceptical.
Six provinces and the capital city test a forced-insolvency pilot to purge overcapacity and dismantle local protectionism, prioritising market efficiency.
Advertisement
The 12-point document pledges stronger protections for gig-economy workforce, which has rapidly grown amid China’s economic slowdown.
Fuyao Glass, a major supplier to Ford, GM and BMW in the US, employs thousands across the states of Ohio, Illinois and South Carolina.
New emission rules for strategic sectors come as the Iran war reinforces the need for energy security.
Manufacturers are expected to see stronger overseas orders even as price wars hurt profits at home.
China’s official youth jobless rate climbed to 16.9 per cent in March, with another 12.7 million graduates set to enter the job market this summer.
The waterway has ‘returned to its previous state’, Tehran says, accusing Washington of banditry and maritime piracy.
Beijing’s move to lift offshore-loan quotas seen helping stabilise yuan against weaker US dollar while accommodating a surge in net financing via ‘panda bonds’.
‘Stronger than expected’ growth figure indicates minimal impact from the conflict and a low likelihood for near-term stimulus, analysts said.
Export figures fall short of predictions, rising by 2.5 per cent, while imports grow by 27.8 per cent as conflict in Middle East causes global disruption.
European companies keep becoming ‘collateral damage’ in others’ disputes, laments president of the European Union Chamber of Commerce in China.
Zhou Xiaochuan, who laid the foundation for China’s currency to go global, says Beijing can capitalise on changes in the international monetary landscape.
Data processing or research jobs promising easy money could be ‘traps’ aimed at illegally collecting sensitive information, ministry says.
A new department will guide state-owned enterprises expanding overseas, as China’s firms look outwards for growth opportunities.
Some lenders are also deferring bonuses and cutting headcount as they tighten their purse strings.
Ministry says 11.5% growth in personal income tax revenue partly driven by ‘significant rise in income from share transfers and dividends’.
China is overhauling its home-grown satellite navigation system as part of a push to expand the network’s global influence.
Pending announcement from regulator, two airlines reveal plans for sixfold increase in surcharges.
As US-Israel war with Iran sends prices up, a monetary expert says impact on China depends on conflict’s severity, while higher energy costs are worrying.
Vast hog farms – some rising 26 storeys high – have caused China’s pig herd to swell, but consumers dislike the industrially produced meat.
German chemical giant opens US$10 billion Zhanjiang complex, its largest overseas investment, as Beijing courts foreign capital.
China is better equipped to navigate its current challenges than the US, which will remain mired in ‘self-defeating’ conflicts, scholar says.
The tariff increases – made in part to appease demands from Washington – have been designated a breach of trade rules by Beijing.
Surveys in Sichuan reveal fresh reserves of rare earth oxides as well as ‘super-large’ deposits of fluorite and baryte.
In a call with Paris, Chinese top diplomat Wang Yi urges mediation efforts and an end to the spread of the conflict.
More than doubling the number of institutions using digital yuan in day-to-day operations, China is deepening the currency's role in its financial system.
