China Economy

Despite some progress, the Chinese economy still faces problems but these can be overcome with targeted stimulus measures and a focus on sustainable development. By framing China as a threat, the US risks impeding global sustainability efforts.

German industry debates how to proceed after finding cracks in a once robust and mutually beneficial relationship.

Prominent government adviser Liu Yuanchun says the immediate future will be marked by disequilibrium, and more non-economic risks are emerging than economic ones, after first-quarter GDP growth impresses.

Carmakers like Dongfeng, Chery and BYD are eyeing production sites in Europe to assemble the next generation of electric vehicles as a foil against the EU’s protectionist tariffs as a brutal price war at home drives more producers offshore in search of fresh markets.

While worries about Chinese consumers and government debt are making investors cautious, attractive investment opportunities exist, according to asset managers from Pimco and Amundi at a summit in Hong Kong.

Vanke has held discussions with parties including state-owned investment company Guangdong Holdings and a Tianjin-based state-owned firm to exit its investment, said people familiar with the matter.

China’s state-owned aircraft manufacturer held a conference ahead of a week-long seminar to seek progress with its C929 passenger jet, which is due to rival the Airbus A350 and Boeing 787 models for long-haul routes.

As well as programmes in industry and education, local governments are encouraged to provide perks, including incentives in housing, start-up investment and schooling and jobs for the family of digital workers.

Nothing would stabilise China’s economy faster than a weaker yuan. But this risks triggering a currency war across Asia and beyond, and setting back China. Let’s hope Xi resists the urge.

More than 40 of the 50 jobs the Wall Street firm plans to cut will be from Hong Kong and mainland China. Morgan Stanley joins a host of banks that have laid off bankers this year.

Asia looks ready to turn a corner in quarterly earnings growth this results season. Here are five key themes to watch as the report cards roll in over the next few weeks.

At the Digital Silk Road Development Forum in Xian, Alibaba and Shein were praised for helping advance the country’s booming cross-border e-commerce sector.

China’s widely watched gross domestic product (GDP) figure beat expectations in the first three months of the year, but retail sales growth dropped in March and property investment fell by 9.5 per cent in the first quarter.

Buyers and exhibitors of new energy equipment at the Canton Fair are showing boundless optimism as orders rise, but measures likely to be taken against the industry by the US and EU could spoil the fun.

The speed of India’s rise in consumerism is outpacing China’s as the gap between the two countries’ markets continues to narrow. If it wants to maintain its lead as the world’s top market, China must broaden its focus to include rural areas and cater to often-overlooked consumer bases.

While first-quarter GDP data shows China is on course to meet its full-year economic growth target, policymakers are still being called on to bolster demand and introduce stronger policy support.

US exports control could unintentionally lead to a Chinese dominance of global legacy-chip production, researchers say.

After the release of China’s first-quarter GDP growth, International Monetary Fund says the lack of a ‘comprehensive response’ could lead to less economic growth than Beijing is hoping for this year.

The move by Fitch Ratings comes a week after it cut its projection for the country’s sovereign credit rating, reflecting pessimism in the world’s second largest economy and concerns over Beijing’s capacity to support its biggest lenders.

Officials touted China’s progress in strengthening digital development initiatives for BRI members, calling for countries to work together and ‘oppose technological blockades’.

Prices weakened in March, extending sequential erosion since May 2023. China’s efforts to stem declines in home prices have not produced the desired results, prompting Goldman Sachs to predict a more aggressive policy response.

China’s widely watched gross domestic product (GDP) figure beat expectations in the first quarter after rising by 5.3 per cent year on year despite ongoing challenges.

Energy-related trade between China and the Middle East is likely to increase significantly and reshape the sector globally in the wake of the Saudi-Iran peace deal brokered by China last year, according to Swiss bank UBS.

Ahead of China’s quarterly GDP release, survey figures reflect how difficult times have been for half a billion Chinese people, and where their priorities now lie.

US Treasury Secretary’s meetings to include talks with China on ‘balanced growth’, a new dialogue to address China’s excess industrial capacity for EVs, solar panels and other clean energy goods.

New deep-sea mobile operation can reportedly drill to a depth of 9,085 metres, a record for China as Beijing looks to rely less on imported oil and gas amid rising geopolitical uncertainties.

Scholz’s trip comes as the European Union is undertaking an anti-subsidy investigation into Chinese electric vehicles (EVs), and as criticism grows in the United States about Chinese overcapacity.