U.S. Secretary of Commerce Gina Raimondo ended her four-day trip to China in Shanghai where she told media that her discussions with Chinese officials were "candid."
US-China tensions

U.S. expects no sudden resolution of China issues: commerce chief

Gina Raimondo says no room to negotiate on national security on China visit

30 August 2023
Shenyang in China's northeastern Liaoning province, where half-finished luxury mansions lie empty and unsold, is a stark symbol of China's crippled housing market and the post-COVID economic boom that wasn't. 
The Big Story

China in charts: Missing economic boom points to slowing post-COVID growth

Economists say industrial model based on infrastructure and real estate is grinding to a halt

30 August 2023
U.S. Commerce Secretary Gina Raimondo, right, speaks next to U.S. Ambassador to China Nick Burns during a meeting with Chinese Commerce Minister Wang Wentao in Beijing on Aug. 28. (AP photo/Andy Wong, pool)
US-China tensions

U.S. and China agree to new dialogue on trade, chip export curbs

Top commerce officials to hold regular meetings to prevent escalating tensions

29 August 2023
Shares of embattled real estate developer China Evergrande Group resumed trading in Hong Kong on Aug. 28 after more than 17 months of suspension.
China debt crunch

China Evergrande shares fall 79% on first trading day since ban lifted

Developer postpones meeting with creditors over onshore debt to late September

28 August 2023
China's manufacturing sector is a vital source of employment, but slowing demand and shifting supply chains are leaving many workers vulnerable. 
Business trends

Factory strikes flare up in China as economic woes deepen

Electronics, garment workers hardest hit as post-COVID rebound fails to materialize

28 August 2023
China previously suspended IPOs in 2013 and for about five months in 2015.
Markets

China clamps down on IPOs, seeking to limit market disruptions

Securities regulator moves to curb new listings with eye on stability

28 August 2023
U.S. Commerce Secretary Gina Raimondo is expected to meet with Chinese Commerce Minister Wang Wentao on her visit to China.
US-China tensions

U.S. commerce chief begins China trip with focus on chips, AI

Raimondo to seek open channel for dialogue through tech tensions

27 August 2023
The Bell Tower in the western Chinese city of Xi'an.
China debt crunch

China local government steps in to help indebted property vehicles

City of Xi'an leads an effort to stabilize nation's troubled real estate sector

25 August 2023
Freshly caught scallops in Nemuro in Hokkaido, Japan's northernmost prefecture.
Trade

China's import ban hurts Japan's seafood industry expansion plans

Exporters lose a major market after Fukushima discharge response

25 August 2023
A Country Garden construction site in Tianjin on Aug.18: The impact of a bursting bubble will be significantly affected by how quickly policy authorities react.
Opinion

China can avoid 'Japanification' with prompt action

Focus should be on fallout from bursting of asset bubbles and falling population

25 August 2023
China's pension fund system is coming under increasing strain as the country's workforce shrinks and the retiree population swells, with one expert predicting an inevitable shortfall.
Caixin

China's pension growth wanes as population ages, workforce shrinks

Retirees concerned about reduced benefits, system's sustainability

25 August 2023
Employees during lunch at a Foxconn plant in Henan province, China on Jan. 6. China’s tech industry usually ramps up hiring in summer, but this year is different.
Business Spotlight

Tech suppliers in China skip seasonal hiring rush amid weak demand

Lack of usually lucrative temp work this summer also blamed on shifting supply chains

25 August 2023
A hotel owned by Zunyi Road and Bridge Construction: This company reached an agreement with creditors to roll over its debts, but analysts say regulators are unlikely to agree to more such deals.
Caixin

China's economy hostage to local governments' hidden debts

Experts warn of potential systemic risk to broader financial system

23 August 2023
The People's Bank of China in Beijing: The central bank faces growing pressure in the Chinese property market.
Economy

China cuts key loan prime rate again as property woes deepen

Move deemed 'too small to have big impact' on sluggish economy

21 August 2023
Bank of Dandong received an injection of public funds from Liaoning province in spring 2022. (Photo by Shin Watanabe)
China debt crunch

China taps public funds to ease risks from small, midsize banks

Local governments increase special bond issuances as bad loans squeeze lenders

21 August 2023
A view of the moon from the Chandrayaan-3 lander during Lunar Orbit Insertion on Aug. 5 in this screengrab from a video released Aug. 6. (Photo by ISRO/Handout via Reuters)
Your Week in Asia

China prime rate, Cambodia's new PM, India moon landing mission

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

20 August 2023
Chinese President Xi Jinping, left, central bank chief Pan Gongsheng and Vice Premier He Lifeng. (Nikkei montage/Source photos by Reuters and AP)
Interview

Xi's apparatchiks will struggle to revive economy: China watcher

President's inner circle lacks global trade and finance know-how, Willy Lam warns

19 August 2023
A construction site in Huai 'an in China's eastern Jiangsu province: China's vital real estate sector has come under financial strain recently. (Photo by CFOTO/Future Publishing via Getty Images)
China debt crunch

On topic: How bad off is China's property sector?

A collection of stories to catch up on a recent hot topic

19 August 2023
The price of aluminum, used in autos and construction, has slipped to a one-month low.
Commodities

Copper and nickel lose shine in China's construction slump

Worries rise about economic slowdown lingering longer than expected

19 August 2023
This office building of more than 30 stories has been left unfinished and is occupied by a lone security guard. (Photo by Noriyuki Doi)
China debt crunch

Chinese buildings go unfinished as cash crunch hits local developers

Debt-laden local government financing vehicles face soaring bond yields

18 August 2023
Opened in 2015, the Integrated Maritime and Fishery Center Natuna is the largest fishing port on Natuna Besar. (Photo by Koya Jibiki)
South China Sea

Indonesia taps local fishers to boost Natuna Islands defense

Modernizing industry emerges as priority in deterring Chinese maritime claims

18 August 2023
The Great Hall of the People in Beijing, where the Chinese Communist Party holds its national congress and other major meetings. In contrast to those highly public events, the Beidaihe meeting is held secretly. (Photo by Yusuke Hinata)
Politics

China signals end to party conclave as economy, diplomacy woes mount

Nation's challenges likely discussed at secretive meeting in Beidaihe

18 August 2023
Older job-seekers check out the recruitment posts at a labor market in Qingdao in east China's Shandong province.
Work

Plight of older unemployed Chinese stirs emotions on social media

'It makes my eyes tear up,' says daughter of jobless 50-year-old man

17 August 2023
U.S. President Joe Biden in Wisconsin on Aug. 12: His order restricting U.S. investment in China's tech industry adds to the forces already throwing Asia's biggest economy off balance.
Opinion

Wrong timing for Biden to further squeeze China's economy

Instability would rebound on U.S. to its detriment

17 August 2023
Purchasers of apartments at this unfinished condominium complex in Shanghai have threatened to boycott mortgage payments. (Photo by Noriyuki Doi)
Economy

China's growth model under strain, but stimulus faces high hurdles

Real estate slump, local fiscal woes and weak yuan put Beijing in a bind

17 August 2023