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Economy /

China Economy

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Belt and Road Initiative
Asia housing and property
US-China trade war
A BYD booth at the Beijing Auto Show on April 30. Photo: AFP
Electric & new energy vehicles

China’s BYD aims for zero accidents with ‘God’s Eye’, vows crash cost coverage

EV giant pushes affordable autonomy with its system, aiming to make self-driving safer and accessible to mass-market consumers.

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Yuan

For a yuan in deeper markets, Fed ex-head cites dollar playbook, flags risks

Banking & finance

Mainland Chinese react as Hong Kong tightens access to offshore investing routes

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China energy security

Stockpiles, distribution hubs: inside China’s drive to Hormuz-proof its economy

Beijing is bolstering strategic reserves and accelerating the buildout of distribution hubs, as China rushes to adapt to the Middle East crisis.

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Chinese Premier Li Qiang (second left) quizzes officials about an oil reserve facility during his trip to China’s eastern Zhejiang province earlier this week. Photo: Xinhua
Chinese Premier Li Qiang (second left) quizzes officials about an oil reserve facility during his trip to China’s eastern Zhejiang province earlier this week. Photo: Xinhua
China-EU relations

Europe plans tougher response to China Shock 2.0

EU officials will discuss new trade protection measures at a meeting on Friday as the continent’s companies contend with a deluge of Chinese imports.

China energy security

AI is testing global energy grids. China wants it to help fix the problem

Top energy firms and tech companies are being drawn into state-backed pilots to align surging computing demand with more efficient energy usage.

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Hong Kong stock market

Appeal of China assets keeps rising among global investors: JPMorgan

Cohort of international investors considering investing in China rises to 57 per cent from 51 per cent a year ago, survey says.

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A robot demonstrates its kicking ability at the 28th China Beijing International High-Tech Expo (CHITEC) in Beijing on May 8. Photo: EPA
A robot demonstrates its kicking ability at the 28th China Beijing International High-Tech Expo (CHITEC) in Beijing on May 8. Photo: EPA
China exports

Southeast Asia is building a huge regional power grid. How is China involved?

Chinese firms are integral to Southeast Asia’s green transition plan, which will see nations across the region integrate their grids, official says.

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Transport and logistics

Polar shipping era: China, South Korea bypass old trade lines amid Hormuz crisis

Passage through the waters could reduce transit times to Europe, offering an alternative to traditional routes amid rising geopolitical risks.

China manufacturing

China unveils new blueprint that could reshape global EV and AI standards

The plan sets out Beijing’s ambition to define technical rules for next-generation cars.

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The booth of Li Auto during the 2026 Beijing International Automotive Exhibition in Beijing on April 26. Photo: Xinhua
China's economic recovery

Struggling Chinese regions mine ledgers for dormant riches in ‘idle’ property

Localities battling debt, such as Jilin and Chongqing, pivot to ‘asset revitalisation’ as land revenue remains weak, but analysts flag new risks.

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The skyline is seen in Changchun, the capital of Jilin province, where authorities are trying to repurpose idle properties. Photo: Shutterstock
The skyline is seen in Changchun, the capital of Jilin province, where authorities are trying to repurpose idle properties. Photo: Shutterstock
Banking & finance

Hong Kong beats Switzerland as world’s largest offshore wealth hub, BCG finds

City tops cross-border wealth on IPO surge and mainland China inflows, as Singapore and US trail in consultancy’s global rankings.

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China trade

Exclusive | China’s date with Dutch trade minister on cards for early July: source

The Netherlands’ trade chief and his delegation will come at a pivotal diplomatic moment, as The Hague faces pressure from US tech-export laws.

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China food security

China hog prices, near decade low, seen squeezing profits amid deflation risks

Ministry data reveals nine-month slump in breeding stocks while top-listed companies face big financial hits as rising fuel and grain costs erode margins.

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A pig is seen in China’s Hunan province. The price of live pigs in the country remains near a decade low. Photo: SCMP
China-EU relations

‘Champion’ of stability: why EU firms in China are finally feeling less gloomy

European firms’ confidence in China is starting to rebound for the first time in years, as Beijing offers stability amid global turbulence, survey finds.

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A paramilitary police officer crosses a street near Beijing’s central business district. Photo: Reuters
A paramilitary police officer crosses a street near Beijing’s central business district. Photo: Reuters
China manufacturing

Boring China: how Chinese firms are creating a new breed of tunnelling machine

Huge machine is the largest of its kind exported by China and will cut through a complex environment to create a 6.5km six-lane tunnel.

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Zijin Mining

China’s largest mining company poised for global top 3 status by 2028, says S&P

Ratings agency highlights Zijin’s project pipeline and cost discipline as the miner accelerates global expansion in copper and gold.

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China consumption

China should learn household balance sheet lessons from US: report

Chinese policymakers could use American response to recessions as a reference, new report argues.

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A cyclist rides past a residential construction site in Beijing in November. Photo: Getty Images
A cyclist rides past a residential construction site in Beijing in November. Photo: Getty Images
Yuan

China’s yuan gains ground in global trade with room to grow, Goldman Sachs says

The currency’s use in global trade has grown sharply in recent years but still falls short of China’s economic weight, the bank says.

Stocks

China online brokerage crackdown trims billionaire owner’s wealth

Futu Holdings’ Leaf Li’s fortune shrank by over a quarter after Chinese regulators launched action against illegal cross-border stocks trading.

China's population

How Shenzhen’s growing population defies expectations in China’s changing cities

The global tech powerhouse attracts more workers and has higher birth and lower mortality rates than the national average.

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Crowds of pedestrians walk along a busy commercial street in Shenzhen’s Dongmen area on April 18. Photo: Getty Images
China jobs

China has a crucial edge in the global AI race: public optimism

Public attitudes towards AI are ‘strikingly positive’ in China, with only a small minority worried it will lead to fewer job openings, survey finds.

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An AI humanoid robot interacts with visitors at a business expo in China’s southern Hainan province. Photo: Xinhua
An AI humanoid robot interacts with visitors at a business expo in China’s southern Hainan province. Photo: Xinhua
China's economic recovery

China expands migrant workers’ access to public services

SCMP Plus annotates the State Council’s 13-point guidelines for easing restrictions under the nation’s hukou household registration system.

China property

China’s student housing, offices top property investments amid pricing slump

Growing numbers of university students coupled with supply gap are feeding investor appetite for dormitory-style housing and premium offices.

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China manufacturing

How China emerged as a major exporter of these ‘premium quality’ products

Food, fashion and cosmetics have helped turn the country into a force in the fast-growing multi-trillion US dollar market.

A Hui shopkeeper at a halal butcher’s shop in Yinchuan, Ningxia Hui autonomous region. Photo: Nectar Gan
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