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TOPIC

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.
A deal struck by the US and China to reduce tariffs will be welcome news to companies in both countries, particularly exporters. Photo: Reuters
US-China trade war

After the China-US trade deal, what tariffs will exporters actually pay?

While exporters are likely to welcome the tariff reduction agreement, the effective rates of taxation are still complex – and burdensome.

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US-China trade war

China expected to ramp up soybean imports from Brazil amid trade war: analysts

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Robotics

Huawei, UBTech team up to bring humanoid robots to factories and homes

China property

The View | China’s property market is more than just a struggling residential sector

While Chinese commercial property faces risks from economic and geopolitical concerns, it is not in the same boat as the housing market.

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People are silhouetted in an office building in Beijing. Photo AFP
US-China trade war

China, US reduce majority of tariffs after first round of trade talks

Beijing and Washington agreed to remove most tariffs imposed since April’s ‘Liberation Day’ package following two days of negotiations.

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US-China trade war

How US-China trade talks beat expectations and stopped the bleeding, for now

Analysts say the outlook appears more rose-tinted after weeks of tit-for-tat tariff escalations, and the implications for businesses, markets and consumers look encouraging.

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Yuan

Offshore yuan gets a lift as market awaits outcome of US-China trade talks

With both China and the US reporting ‘progress’ in their first trade talks, the offshore yuan had strengthened to 7.22 per US dollar by Monday.

China’s offshore yuan has appreciated in value after progress was reported in trade talks with the US. Photo: AFP
US-China trade war

Open Questions | As unswerving superpowers meet unsustainable tariffs, Yao Yang breaks down the paradox

From the US-China trade war to China’s economic outlook for the months ahead, the economist and academic – known for his hot takes – talks policy and strategy.

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China property

China’s property market faces uncertain future despite historic rate cuts

The lower rates for housing provident fund loans are part of a broader effort to revive buyer interest and push forward stalled projects.

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US-China relations

Opinion | US and China’s economic goals are complementary but will they cooperate?

One consumes too much, produces too little. The other produces too much, consumes too little. What if each could solve the other’s problem?

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People look at the Iphone 16 at an Apple store in Shanghai on April 11, 2025. US President Donald Trump abruptly paused tariffs on most countries, sparking euphoria on global markets on April 10, but upped the ante on a brutal trade war with superpower rival China. Photo: AFP
Alibaba

Alibaba’s Joe Tsai: AI set to transform operations in next five years

Tsai and chief people officer Jane Jiang Fang answer questions from the staff, including the impact of the US-China trade war on the company.

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Alibaba employees at the annual AliDay gathering in Hangzhou on Saturday. Photo: Wency Chen
Electric & new energy vehicles

What has supercharged China’s plug-in hybrid exports to UK?

The country exported 3,898 hybrid EVs to the UK in March, a year-on-year increase of 1,849%.

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China food security

How is Yunnan helping as China looks to Asean for more food?

Province’s agricultural imports from largest trading partner up 26.5% in first quarter of this year.

China consumption

Opinion | For Chinese consumers, buying local has become a statement of national pride

What defines China is shifting, from what it makes to how it spends, as consumption becomes an emotional and cultural act.

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Pedestrians walk past a billboard advertising Huawei’s Pura X Classic Edition smartphone on March 22 in Chongqing, China. The company has positioned itself as a symbol of resilience and national technological independence, turning each product launch into a story of perseverance and ambition. Photo: Getty Images
E-commerce

Temu points Chinese sellers to new markets amid US tariff woes

US tariffs are prompting Chinese merchants to seek alternative markets, but some sellers remain hopeful that the worst is soon behind them.

Temu, owned by PDD Holdings, is urging Chinese merchants to consider alternative overseas markets amid a US-China trade war. Photo: Shutterstock
Electric & new energy vehicles

BMW, Toyota, Mercedes-Benz recall nearly 70,000 vehicles in China

The large-scale recall follows a series of Chinese measures aimed at improving car safety after an accident involving a Xiaomi EV.

US-China decoupling

America and China’s financial decoupling

Despite their political differences, China and the US are deeply financially entwined. This series looks at attempts by the nations to decouple their finances, and what may result.

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Alibaba

Jack Ma’s Alibaba visit sparks nostalgia over company’s humble start

A cheerful mood at Alibaba’s annual event for friends and family, as the company navigates business challenges.

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Jack Ma, founder of Alibaba, visits the company’s campus in Hangzhou, Zhejiang province, on Friday. Photo: Handout
US-China trade war

Trump calls day one of crunch talks in Geneva ‘a very good meeting’

Analysts predict a wide range of outcomes for the first round of US-China dialogue, from a ‘soft deal’ to a mutually acrimonious departure.

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China’s Communist Party

China’s security system urged to handle duties with ‘passion’ as pressures mount

As external tensions weigh on China’s internal stability, security chiefs warn against ‘inadequacies’ in law enforcement and justice system.

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China deflation

China’s consumer prices fall in April, fuelling fears of deflation

The country’s consumer price index dropped by 0.1 per cent last month as trade war raises concerns over deflationary pressures.

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China’s consumer price index is being watched closely as tariff increases raise fears of deflation. Photo: Simon Song
Hong Kong

China dumping US Treasuries would be the nuclear option, economist says

Mutual trust between Washington and Beijing has deteriorated considerably, but a complete severing of ties is highly unlikely, economists say.

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Illustration: Brian Wang
US-China trade war

Will US-UK deal improve America’s position in trade talks with China?

The first deal in Donald Trump’s trade war may carry symbolic value, but analysts said it would have a limited effect in talks with China.

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US-China trade war

Sino-US trade tensions dim confidence of EU companies in China

Chamber of commerce president says firms have been able to mitigate direct impact of increased tariffs.

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Consumers

Luxury labels ditch steep China discounts to rebuild value

Balenciaga, Versace, Valentino and peers change tack to convey exclusivity, attract resilient spending of wealthy buyers.

People talk near a Blancpain luxury watch store in Beijing on May 5, 2025. Photo: AFP
China jobs

China could miss jobs target amid trade war, property sector trouble: analysts

Six million jobs are at risk from US tariffs alone if duties stay at current levels, says one economist.

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A record of 12.22 million fresh graduates is expected to further compound China’s labour market in 2025. Photo: AFP
Video gaming

China’s video gaming firms bet on overseas revenue growth amid weak home market

Overseas sales of China-developed video games in 2024 increased 13.4 per cent from a year earlier to US$18.6 billion.

US-China relations

Opinion | Why China has refused to back down in the face of Trump’s tariffs

China’s elites, going back to the late Qing, have been waiting for this moment – to push back against the world’s strongest power.

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