China Economy

US-China Need ‘Tough’ Conversations, Yellen Tells Li Qiang

The US treasury secretary held talks with the Chinese premier during an 80-minute-long meeting in Beijing as part of her…

2 weeks ago

Huawei Profits Jump 144% in Fastest Growth Since US Sanctions

Huawei remained relatively muted about its achievement, doing away with the press conference and launch event it has held every…

4 weeks ago

China Told it Must ‘Reinvent Itself’ to Turn Economy Around

The International Monetary Fund's MD said Beijing needed to be more consumer-centered to spark a new period of growth

1 month ago

Xinjiang Exports to Europe Jumped Over 200% This Year – SCMP

Xinjiang shipped goods worth $312 million to Europe with lithium-ion batteries among the region's key exports to the bloc

1 month ago

Fear of Tit-For-Tat Curbs ‘Hurting EU Businesses in China’

“What we see right now is the unfolding of a slow-motion train accident,” the chief of a European trade lobby…

1 month ago

China Ups IPO Rules to Protect Investors With ‘Teeth And Horns’

Beijing will vet IPOs more closely, 'severely punish' securities fraud, and also increase supervision of listed companies to ensure they…

1 month ago

China Wants Youth to ‘Work in Factories’ as 12m Graduates Loom

China is facing an acute lack of skilled talent, particularly in AI and big data -- segments in which the…

1 month ago

China’s Consumer Prices Rise For the First Time in Six Months

Analysts warn that a full-throttled recovery is still not in the cards for China, and that "it is too early…

2 months ago

Apple, Tesla See China Sales Plunge as Local Rivals Catch Up

Both firms have seen their market shares squeezed by local rivals such as smartphone-maker Huawei and electric vehicle giant BYD,…

2 months ago

China-Wary Investors ‘Icing on Cake’ For Japan’s Nikkei

Nikkei heavyweights with a significant presence in China have seen mega rallies, especially in the chip sector

2 months ago

Chinese Firms Withdraw IPOs at Record Rate Amid Regulatory Ire

"A-share IPOs will enter an era where quality is more important than quantity," one Chinese brokerage said on increasing regulatory…

2 months ago

US, EU Can’t Meet Climate Goals Without China’s Cheap Green Tech

China’s dominance in the green technology industry means the world would have to pay up an additional $6 trillion for…

2 months ago