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China economy: coronavirus slowdown accelerates as retail sales, industrial production slump

China economy: coronavirus slowdown accelerates as retail sales, industrial production slump

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China’s industrial production fell by 2.9 per cent from a year earlier in April, while retail sales fell by 11.1 per cent last...
Coronavirus China: Japanese factories in Shanghai struggling to resume operations, survey shows

Coronavirus China: Japanese factories in Shanghai struggling to resume operations, survey shows

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Shanghai Japanese Commerce & Industry Club survey showed that 63 per cent of factories had yet to resume operations after the financial hub...
Ukraine war may ‘change trajectory’ of China’s moves to insulate against US dollar, Fed chair says

Ukraine war may ‘change trajectory’ of China’s moves to insulate against US dollar, Fed...

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US Federal Reserve chair Jerome Powell said the Ukraine war could have the effect of accelerating China’s moves to develop alternatives to the...
US, China ‘sorely need’ to resume trade talks and CPTPP could play role, American lobbyist says

US, China ‘sorely need’ to resume trade talks and CPTPP could play role, American...

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More comprehensive, regular and transparent communication is “sorely needed” between China and the United States, and the Comprehensive and Progressive Agreement for Trans-Pacific...
China inflation: consumer, factory-gate price growth slowed in January

China inflation: consumer, factory-gate price growth slowed in January

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China’s improving consumer and factory-gate inflation outlook continued last month, data released on Wednesday showed.The official consumer price index (CPI) rose by 0.9...
China’s zero-Covid strategy risks further economic disruption, report warns

China’s zero-Covid strategy risks further economic disruption, report warns

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China’s continuation with its zero-tolerance approach against the coronavirus will deepen consumption woes and supply chain risks, as well as set back the...
7-Eleven Beijing fined US$23,500 for ‘incomplete maps of China’ that ‘wrongly presented Taiwan’

7-Eleven Beijing fined US$23,500 for ‘incomplete maps of China’ that ‘wrongly presented Taiwan’

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The Beijing branch of global convenience store giant 7-Eleven has been fined 150,000 yuan (US$23,500) for displaying “incomplete maps of China”, according to...
China’s common prosperity push is accelerating, but how will life change in 10 years under Xi Jinping?

China’s common prosperity push is accelerating, but how will life change in 10 years...

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It has been a year of overwhelming change for China, and the fundamental shift in the relationship among the country’s government, businesses and...
Property, Covid-19 challenges to remain with China’s economic slowdown to continue in 2022

Property, Covid-19 challenges to remain with China’s economic slowdown to continue in 2022

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China’s economic growth is likely to deteriorate further next year as rising risks of a fallout from the property market and Beijing’s zero...
Coronavirus outbreaks, poor vaccine access, weak policy pushes IMF to downgrade global economic outlook

Coronavirus outbreaks, poor vaccine access, weak policy pushes IMF to downgrade global economic outlook

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“Faultlines” in global economies caused by the coronavirus pandemic have persisted and recoveries have been “hobbled” by Delta variant outbreaks, the International Monetary...
China’s home-grown C919 aircraft hit by tough US export controls, limiting threat to Airbus and Boeing

China’s home-grown C919 aircraft hit by tough US export controls, limiting threat to Airbus...

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China’s C919 aircraft – a no-show at the country’s biggest air show this week – has found it harder to meet certification and...
China digital currency: e-yuan will ‘reinforce’ banks’ competitive edge in payments, Moody’s says

China digital currency: e-yuan will ‘reinforce’ banks’ competitive edge in payments, Moody’s says

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China’s digital yuan will help banks become more competitive in the payments sector after steadily losing out to popular technology platforms over the...
China trade deal didn’t address ‘fundamental problems’, US Treasury Secretary Janet Yellen says

China trade deal didn’t address ‘fundamental problems’, US Treasury Secretary Janet Yellen says

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US Treasury Secretary Janet Yellen expressed doubts about last year’s trade deal with China, the first clear statement from the Biden administration detailing...
China won’t benefit from ‘loopholes’ in global minimum tax plan, US Treasury Secretary Janet Yellen says

China won’t benefit from ‘loopholes’ in global minimum tax plan, US Treasury Secretary Janet...

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The United States will not agree to any type of special treatment for China or other countries that would weaken a global minimum...
China’s services sector activity expanded at fastest pace in four months in April, Caixin survey shows

China’s services sector activity expanded at fastest pace in four months in April, Caixin...

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China’s services sector expanded at the sharpest pace in four months in April, driven by fast growing new businesses, a private survey showed...
China-Australia relations: consumers pockets on both sides will foot the bill for ‘trade battle’, expert says

China-Australia relations: consumers pockets on both sides will foot the bill for ‘trade battle’,...

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“If Australian barley is shut out of China for two or five years, it’s really going to struggle to recoup its market share,”...
US-China relations: trade talks will take place ‘when the time is right’, says new US Trade Representative Katherine Tai

US-China relations: trade talks will take place ‘when the time is right’, says new...

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A trade meeting between China and the United States will take place “when the time is right”, new US Trade Representative Katherine Tai...
China learns lesson from Hong Kong’s housing policy, with Beijing keen to avoid same damage to society

China learns lesson from Hong Kong’s housing policy, with Beijing keen to avoid same...

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The land auction and property development system in China is a direct descendant of Hong Kong’s. The system, in which the government sells...
China’s coal consumption set to rise in 2021 despite Beijing’s carbon neutral goal

China’s coal consumption set to rise in 2021 despite Beijing’s carbon neutral goal

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China’s coal consumption is expected to continue rising in 2021 despite Beijing’s pledges to boost the use of clean energy and curb greenhouse...