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Economy /

China Economy

Related Topics:
Belt and Road Initiative
Asia housing and property
US-China trade war
Children watch robots perform at the science and technology museum in Haian, Jiangsu province, on April 2. Photo: Xinhua
Artificial intelligence

China launches national plan to boost AI education

Building nationwide artificial intelligence infrastructure is a central part of the plan.

China’s C919 passenger plane

Exclusive | China’s C919 faces ‘final exam’ as EU pilots stay in Shanghai ‘permanently’: sources

Hungary

Viktor Orban concedes defeat as Hungarian voters end his 16-year rule

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China debt

How China’s fake Titanic sank like a stone – and became a symbol of local excess

In 2014, a Chinese investor raised millions to build a full-scale replica of the Titanic. Now, all that remains is a rusting hull – and vast debts.

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The rusting remains of a full-scale replica of the Titanic sits abandoned in Daying county, southwest China’s Sichuan province. Photo: inewsweek.cn
The rusting remains of a full-scale replica of the Titanic sits abandoned in Daying county, southwest China’s Sichuan province. Photo: inewsweek.cn
Electric & new energy vehicles

Hyundai spearheads foreign EV comeback push in China with Ioniq brand

South Korean carmaker bets on local partnerships and technology as global brands prepare fresh push into China’s fast-moving EV market.

US-Venezuela conflict

‘Eager to explore’: Chinese migrants return to Venezuela after Maduro’s capture

A large chunk of Venezuela’s Chinese community fled overseas during Maduro’s rule. Now, many are returning as they see ‘new opportunities’.

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China jobs

China warns university students about lucrative job offers from foreign spies

Data processing or research jobs promising easy money could be ‘traps’ aimed at illegally collecting sensitive information, ministry says.

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A job fair at Harbin University of Science and Technology in Harbin, Heilongjiang province, last month. Photo: Xinhua
A job fair at Harbin University of Science and Technology in Harbin, Heilongjiang province, last month. Photo: Xinhua
China trade

‘Cancelling orders’ in China: Hormuz oil crisis hits transport and manufacturing

Analysts and industry insiders say higher costs are squeezing margins, with some of China’s wary industrial heartland compelled to make day-to-day purchases.

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China education

Vocational schools a new front as China backs businesses’ global expansion

Earlier programmes focused on infrastructure, but new wave is shaped by demand in e-commerce, digital services and advanced manufacturing.

Artificial intelligence

China banks buffer against AI contagions as US sweats over Anthropic’s Mythos

With Beijing prioritising financial stability, analysts say state lenders take a measured approach to generative models amid growing global cybersecurity risks.

With the United States warning banks about potential risks from Anthropic’s latest artificial intelligence model, analysts note how China is monitoring for any potential contagion risks. Photo: Reuters
China energy security

Why China’s green energy strategy may shield it from the Iran war oil shock

As war in the Persian Gulf triggers volatility in global oil markets, Beijing sees its energy system as a stabilising force.

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Employees work on the production line of solar panels at a workshop of Jiangsu DMEGC New Energy on February 25, 2026, in Sihong county, Suqian city, in China’s Jiangsu province. Photo: VCG via Getty Images
Employees work on the production line of solar panels at a workshop of Jiangsu DMEGC New Energy on February 25, 2026, in Sihong county, Suqian city, in China’s Jiangsu province. Photo: VCG via Getty Images
China manufacturing

Chinese firms in Hungary face a post-election reckoning – no matter who wins

With opposition Tisza party leading in the polls, businesses ponder implications if Orban’s Fidesz party loses 16-year grip on power.

China inflation

China’s factory-gate prices rise for first time in 3 years as Iran war bites

The producer price index rose by 0.5 per cent in March, the first increase since 2022, as soaring global commodity prices affected Chinese firms.

US, Israel war on Iran

Yuan tokens and oil-linked fees? China experts propose ‘innovative’ Hormuz tolls

Analysts warn Trump’s ‘joint venture’ plan with Iran could formalise grey zone, while Beijing balances roles as mediator, energy importer.

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Shipping vessels sit anchored in Muscat, Oman. The country, which shares control of the Strait of Hormuz with Iran, has no plans to impose fees on ships passing through the strait. Photo: Reuters
Yuan

Conflict catalyst: China’s yuan settlements hit record amid Middle East tensions

Single-day transactions via China’s Cross-border Interbank Payment System surge past 1 trillion yuan as Beijing’s moves to expand the yuan-payment network show signs of paying off.

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People are seen at a booth promoting China’s Cross-Border Interbank Payment System during a financial exhibition in Beijing. Photo: Getty Images
People are seen at a booth promoting China’s Cross-Border Interbank Payment System during a financial exhibition in Beijing. Photo: Getty Images
Belt and Road Initiative

Open Questions | China always a connector, never a coloniser, author says

Sheng-Wei Wang says China’s Belt and Road Initiative echoes the voyages of 15th century Chinese explorer Zheng He, who promoted trade but never stayed.

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China exports

As Iran war jolts global oil, can China’s energy storage tech blunt the impact?

Strong overseas demand, fuelled by the rise of AI-powered systems, could continue amid Iran war pressures, analysts say.

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China exports

China strengthens oversight of state-owned assets overseas amid global tensions

A new department will guide state-owned enterprises expanding overseas, as China’s firms look outwards for growth opportunities.

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Chinese investments in Venezuela have faced uncertainty since the United States’ seizure of former president Nicolas Maduro in January. Photo: Getty Images
Chinese investments in Venezuela have faced uncertainty since the United States’ seizure of former president Nicolas Maduro in January. Photo: Getty Images
Banking & finance

More Chinese banks claw back bonuses, cut salaries despite mixed profit recovery

Some lenders are also deferring bonuses and cutting headcount as they tighten their purse strings.

Banking & finance

Yiwu market owner eyes Hong Kong IPO to support overseas expansion

Hong Kong listing plan comes after the company reported net profit of 4.2 billion yuan for 2025, up 36.8 per cent from a year earlier.

China consumption

Xi Jinping backs services sector to power China’s next growth phase

Beijing is counting on services to rebalance growth as it faces economic headwinds and demographic challenges.

President Xi Jinping chairs a symposium in the Xiong’an New Area, north China’s Hebei province, on March 23. Photo: Xinhua
US-China relations

US-China ties are critical in dangerous new ‘might-is-right world order’: Dalio

Billionaire investor urges Chinese and US elites to ‘rise above ourselves’ and safeguard global well-being amid a changing world order.

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Ray Dalio, founder of Bridgewater Associates, speaks at The Wall Street Journal’s Future of Everything Festival in May 2024. Photo: Reuters
Ray Dalio, founder of Bridgewater Associates, speaks at The Wall Street Journal’s Future of Everything Festival in May 2024. Photo: Reuters
Banking & finance

As France pulls gold from the US, how can China become the next global gold hub?

Federal Reserve is no longer seen as a ‘safe’ place for nations to store gold as Trump’s unpredictability spooks the world’s central banks.

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China trade

China enforces new supply chain security rules as Iran war shakes markets

The new regulation makes protecting China’s supply chains a national security issue – and allows Beijing to punish any entities that threaten them.

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China trade

Explaining China’s supply chain security rules

SCMP Plus annotates 18-point regulation issued by China’s State Council providing a legal basis for the country to respond to sanctions and export controls that threaten supply chains.

Explaining China’s supply chain security rules
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