Visitors wearing virtual reality goggles are seen at the World Artificial Intelligence Conference in Shanghai on July 6.
Economy

China seeks to boost private sector amid slowdown fears

State Council wants more coordinated policies and good corporate finance

20 July 2023
Sichuan is at risk of a peak power shortfall of 7.5 million kilowatts this summer.
Climate Change

Sichuan's rolling blackouts pose litmus test for China economy

Facing heat wave and drought, inland province scrambles to ensure power supply

20 July 2023
A man crosses the road near Beijing's central business district. China's economic growth rate in the April-June quarter fell short of market expectations.
The Nikkei View

China should not hesitate on needed economic stimulus

Risk of deflation rising as demand stagnates amid property slump

19 July 2023
A man walks in Beijing's Central Business District on July 12.
Economy

ADB trims 2024 growth outlook for Asia on rate hike effects

Development bank maintains projection for this year

19 July 2023
An apartment complex under construction in Beijing: Some listed developers carry debt burdens so large they are doomed to delist.
Caixin

As China property crisis deepens, price falls spark delisting fear

Lack of access to equity capital limits financing and sullies reputations

18 July 2023
The owner of an apartment in this Shanghai building had to take over $70,000 off the asking price before finding a buyer. (Photo by Iori Kawate)
Property

China's existing-home prices back in free fall as sellers rush in

Cooling post-COVID economic recovery fails to lure buyers into market

18 July 2023
A worker carries shovels while walking past a road construction site in Beijing. Pessimism about the job market has spurred households to prioritize saving over spending.
Economy

Real estate and job worries slow China's economy

Uncertain consumers shift to saving as private-sector profits slump

18 July 2023
Customers shop at a shoe store at a mall in Beijing on January 15.
Economy

China GDP up 6.3% in Q2, falling short of projections

Youth unemployment rises to record high amid tepid domestic demand

17 July 2023
A canal surrounds Uzbekistan's Silk Road Samarkand Tourist Complex. Opened in 2022, the site is at the center of efforts to draw more international visitors. (Photo by David Andreas)
Travel & Leisure

Uzbekistan built a $580 million tourist draw, but will they come?

Poor transport, medical services key hurdles for ambitious travel strategy

15 July 2023
People walk on a Beijing shopping street. The Chinese Academy of Social Sciences recommended that the government issue consumption vouchers to encourage households to spend.
Economy

China should add $180bn to deficit for stimulus: state think tank

CASS proposes consumer vouchers, developer support, rate cuts

14 July 2023
German automaker BMW is expanding a plant in Mexico, which has outstripped China in exports to the U.S. in the first five months of this year. 
Trade

China no longer top exporter to U.S. as trade rift widens

Mexico and Canada take over amid tariffs and 'friendshoring'

14 July 2023
German Foreign Minister Annalena Baerbock in Beijing in April. "China remains a partner, a competitor and systemic rival, but the systemic rival position has gained ground in recent years," she said on July 13. 
Supply Chain

Germany lists grievances, seeks cooperation in first China strategy

Chinese embassy says challenges Berlin faces are not Beijing's doing

13 July 2023
China's exports have fallen as its post-COVID economic recovery loses momentum.  
Trade

China exports slump 12.4% in June amid weak external demand

Imports also drop 6.8% as domestic consumption slows

13 July 2023
The entrance to the Hong Kong Stocks Exchange. It currently takes about nine months for the city's accounting regulator to receive audit documents from mainland authorities.
Caixin

Hong Kong confident of smoothly receiving cross-border audits

Accounting regulator says handling of mainland documents to be 'greatly shortened'

12 July 2023
Apartments under construction in Shenzhen in 2021: With the introduction of a property tax on the horizon, belief that home prices will keep rising appears to have vanished.
Opinion

China is drifting toward a deflation trap

Japan offers lessons on importance of not delaying intervention

12 July 2023
Chinese President Xi Jinping shakes hands with then-Papua New Guinean Prime Minister Peter O'Neill in Port Moresby in 2018. 
International relations

China woos Papua New Guinea with free trade push

Beijing leverages frustrations over economic ties with U.S., Australia

12 July 2023
China is the top producer of processed copper, cobalt, lithium, graphite and rare earths, and the second largest processor of nickel after Indonesia, according to an International Energy Agency report. (Source photos by AP and Reuters)
Commodities

China joins global hunt to diversify mineral supplies: IEA

Dominance in refining, processing makes it strong competitor for mining assets

11 July 2023
Local tourists at Qianmen Street in Beijing in March: Offline service industries like domestic tourism were hard hit by COVID but have seen swift rebounds.
Opinion

China's economic recovery is on track

Other sectors are offsetting weakness in exports and real estate

11 July 2023
Sri Lankans wait to buy gas in Colombo in April 2022. The country became the first middle-income country to default the following month.
International relations

G7 to enlist G20 in helping keep tabs on developing-nation debt

Concerns over increased Chinese lending prompt push for greater transparency

11 July 2023
Big Chinese e-commerce companies cut prices aggressively to spur demand during last month's 618 online shopping festival.
Inflation

China consumer prices stagnate, raising fears of deflation

Weak demand leaves CPI flat while inflation expectations hit record low

11 July 2023
SAIC sold 530,000 autos overseas in the first quarter, an increase of 40% from a year earlier.
Caixin

China's SAIC seeks site for electric car factory in Europe

State-owned automaker also wants partners in India to raise capacity

10 July 2023
The Asian financial flu of 1997, Japan's three decades with virtually no inflation and stronger capital markets in the region's emerging economies are helping Asian central banks break away from peers in the West.
Economy

Asia's central banks go easy as West ramps up inflation fight

Weak China demand triggers what some call a 'decoupling' in Asia monetary policy

10 July 2023
U.S. Republican presidential candidate Ron DeSantis talks with reporters after walking in a rainy July 4 parade in the state of New Hampshire.
Politics

White House hopeful DeSantis favors revoking China trade status

Republican 2024 candidate calls Beijing 'No. 1 geopolitical threat' to U.S.

10 July 2023
U.S. President Joe Biden and his predecessor Donald Trump have both dealt with the negative impact of trade with China.
Comment

Biden and Trump both exaggerate pain from trade with China

Impact on U.S. jobs seen as less severe than advertised

10 July 2023
U.S. Treasury Secretary Janet Yellen speaks during a press conference at the U.S. Embassy in Beijing on July 9.
International relations

Yellen says China visit made 'progress,' vows more communication

Treasury Secretary says U.S. willing to hear Beijing's concerns on targeted actions

9 July 2023