Economy

The central government's willingness to issue 1 trillion yuan worth of rarely used special treasury bonds has ignited a debate about whether it is now willing to take on some of the spending duties weighing down local governments.
Caixin

Five things to know about China's unusual sovereign bond issue

Beijing's 1tn yuan splurge is expected to ease financial pressure on localities

27 November 2023
Beijing has stepped up its anti-corruption campaign in the financial sector this year, including through an investigation targeting a former deputy governor at the People's Bank of China.
Politics

China clamps down on financial graft, quadrupling probes in 3 years

Xi leadership seeks to curb risks and strengthen Communist Party's hand

27 November 2023
The recent uptick in mainland Chinese stocks and currency has not convinced many investors who have lost quite a bit in recent years. 
Markets

China's market rebound fails to reassure skeptics

Foreign investors remained haunted by previous losses, analysts say

22 November 2023
Chinese President Xi Jinping, left, speaks to Australian Prime Minister Anthony Albanese at the Asia-Pacific Economic Cooperation summit in California on Nov. 17.
Opinion

Australia's Albanese paid a high price for his trip to China

Canberra no longer seems willing to stand up for rules-based international order

22 November 2023
China's legal industry has matured over the past decade, with the number of legal professionals growing its global standing rising.
Business trends

Chinese law firms on the rise due to geopolitics and slowing economy

Some state-owned companies are switching to local legal services amid tensions

21 November 2023
The People's Bank of China could lower the deposit ratio for banks as a way to expand the money supply.
China debt crunch

Speculation emerges China will ease policy though rates go unchanged

Bank reserve ratio in spotlight as option to boost liquidity amid active bond issuance

20 November 2023
China's central bank and other top financial regulators summoned financial institutions to discuss credit issues on Nov. 17.
Caixin

China tells top financial institutions to bolster property market

Banks should not demand early payment of loans by developers, regulators say

20 November 2023
A cotton processing plant in Kashgar, in China's Xinjiang Uyghur Autonomous Region. Statistics show brisk trade from the region despite Western sanctions over alleged human rights abuses. (File photo by Getty Images)
Supply Chain

Xinjiang foreign trade hits record despite Western sanctions

Shipments in first 10 months of year jumped 40%, topping 2022 full-year results

20 November 2023
China has been unable to reverse the rapid aging of its population.
Society

Chinese births at risk of falling below 9m in accelerating crisis

With economic anxiety and expensive education, youth choose to remain childless

20 November 2023
Thai Prime Minister Srettha Thavisin poses during a welcome ceremony on Sept. 25 for the first Chinese tourists arriving under a five-month visa-free entry scheme. (Photo by Ken Kobayashi)
International relations

Thai government in hot water over idea to invite Chinese police

PM Srettha Thavisin proposed controversial plan after Bangkok shooting incident

18 November 2023
Crude oil inventories in Cushing, Oklahoma, where many pipelines and refineries are located, have hit the highest level in two months.
Commodities

Oil prices plunge 20% from year's peak on weaker U.S., China demand

Oversupply likely to persist even if Saudi Arabia continues production cuts

18 November 2023
Hokkaido scallops are offered up at the APEC summit in San Francisco on Nov. 16. Japan is pushing for a recovery in its seafood exports. (Photo by Yifan Yu)
APEC

Japanese seafood makes splash at APEC summit amid safety concerns

Tokyo is keen for China to lift import bans imposed after release of treated water

17 November 2023
Japanese Prime Minister Fumio Kishida, left, meets Chinese President Xi Jinping in San Francisco on Nov. 17 for the first face-to-face China-Japan summit in a year.
APEC

Kishida and Xi agree to seek ways to end Fukushima wastewater spat

Chinese leader says in nobody's interest to engage in 'small yard, high fence' economics

17 November 2023
Nio staff show how the company's debut smartphone works with its EVs: China's hyperaggressive focus on innovation will support its transformation into a more sustainable economy.
Opinion

Innovation justifies optimism in China's long-term economic outlook

Transformation over past decade will support productivity-led growth

17 November 2023
Apartment buildings under construction in Beijing in July 2022. Chinese authorities have been attempting to spur the property sector out of its slump.
Economy

China home prices fell in October, dimming hopes after stimulus

Major cities log 0.3% drop as Biden highlights Beijing's economic 'problems'

16 November 2023
Cabinet-level officials from members of the Indo-Pacific Economic Framework wrapped up negotiations on Nov. 14 in San Francisco. (Photo courtesy of Japan's Ministry of Economy, Trade and Industry)
Indo-Pacific

IPEF struggles to deliver trade benefits as U.S. looks inward

San Francisco talks fail to bridge divide on labor, environmental rules

16 November 2023
China has restricted exports of chipmaking materials like gallium, while banning seafood imports from Japan.
International relations

Japan and China to launch talks on export controls

Second dialogue to focus on safety of business personnel in China

16 November 2023
People walk by high-rise office buildings in Beijing's central business district in Beijing on Nov. 1.
Economy

China's economic recovery picked up slightly in October, data show

Industrial output rose at marginally faster clip, and retail sales boosted by holiday

15 November 2023
Foreign institutional investors' holdings of bonds in China’s interbank market fell from a record 4 trillion yuan ($550 billion) in 2021 to 3.19 trillion at the end of September.
Caixin

China eases rules for foreign investors in stocks and derivatives

Draft regulations would drop registration and currency conversion requirements

14 November 2023
A machine counts yuan banknotes at a commercial bank in Beijing.
China debt crunch

China bank stocks face crisis of confidence over bad debt risk

Investors see uncertainty over extent of lenders' nonperforming loans

14 November 2023
Netherlands-based ASML is a major supplier of lithography equipment for manufacturing advanced chips. (Photo courtesy of ASML)
Semiconductors

China's chipmaking equipment imports surge 93% despite curbs

Purchases from Netherlands jump as Chinese buyers grab what they can

14 November 2023
Stock index boards are seen in Shanghai financial district: The government's twice-a-decade Central Financial Work Conference tasks the Communist Party with financial sector oversight.  
Caixin

China aims to build 'financial powerhouse' led by Communist Party

Key commission will work under party's direct supervision amid slowing growth

13 November 2023
Professor Heigo Sato of Japan's Takushoku University says it is difficult to eradicate technology drain.
Supply Chain

Tech leakage to China can't be stopped but can be delayed, says expert

Export control expert Sato warns Japan is targeted by weapon developers

12 November 2023
Chinese President Xi Jinping and U.S. President Joe Biden, pictured here at the G20 summit in Bali, Indonesia, in November 2022, will meet on Nov. 15 in San Francisco for the first time in a year.
Your Week in Asia

Sri Lanka budget, Xi-Biden summit, Japan Q3 GDP

Your weekly lineup of Asia's biggest business and political events

12 November 2023
Stream article image
Supply Chain

Nikkei Film: China's nuclear program siphons sanctioned machine tools

How should companies deal with this issue as West increasingly encircles China?

11 November 2023