Economy

Asian Development Bank headquarters in Manila
Economy

ADB says developing Asia to grow faster in 2023 on China reopening

Developing Asia to face risks from Russia's Ukraine invasion, banking turmoil

4 April 2023
PBOC Gov. Yi Gang is projecting a reassuring image of stable, technocratically determined monetary policy. 
Opinion

China's central bank is now rock of stability in a turbulent world

Yuan, China's government bonds and its bank stocks emerge as safe havens

4 April 2023
Cars for ride-hailing services are parked at a lot in Guangzhou. Many in China are looking to drive for different apps, partly due to a lack of other options. (Photo by Yusuke Hinata)
Sharing Economy

China's rush of aspiring gig drivers reflects weak labor market

Glut could touch off domino effect undermining economy

3 April 2023
Dong-E-E-Jiao's ejiao in a drugstore in Shanghai: Donkey hides are the source of the gelatin that is the main ingredient for the traditional Chinese medicine.
Opinion

China must tame its donkey trade for Africa's sake

Smugglers hurt continent's rural poor to meet demand for traditional medicine

2 April 2023
Japanese Prime Minister Fumio Kishida, left, and U.S. President Joe Biden meet at the White House in January.
Semiconductors

U.S.-led effort to wall off semiconductor tech draws in Japan

Chipmaking tool suppliers seek clarity on new controls while China condemns move

1 April 2023
Huawei Rotating Chairman Eric Xu addresses a press conference after the release of the company's full-year earnings on March 31. (Source photos by screenshot from Huawei website and Getty Images) 
Huawei crackdown

Huawei will support 'all' of China's efforts on chip self-reliance

Rotating chairman says tech giant will continue to work on supply chain continuity

31 March 2023
Malaysian Prime Minister Anwar Ibrahim, left, is meeting Chinese President Xi Jinping in Beijing on March 31. (Photo courtesy of Prime Minister's Office of Malaysia)
International relations

Malaysia's Anwar meets Xi, likely to seek China help for rail link

Despite pro-Western image, PM wants close Beijing ties to boost economy

31 March 2023
An e-cigarette factory in Shenzhen. Companies in the southern manufacturing hub have been hit by slowing demand for Chinese goods.
Economy

China factory owners feel pain of stumbling post-COVID recovery

Spending rises but weak exports cloud outlook for world's No. 2 economy

31 March 2023
Employees work on a production line manufacturing mechanical parts in Beijing. The World Bank expects the Chinese economy to grow 5.1% this year.
Economy

China only bright spot as World Bank cuts ASEAN growth outlook

RCEP to deliver more gains than CPTPP, but risks U.S. economic distancing

31 March 2023
Chinese stocks have slumped since February as investor expectations surrounding its economic reopening have cooled.
Markets

Emerging-market stocks fall behind as China and India disappoint

Bank failures heighten investor jitters, spurring flight to safety

31 March 2023
Premier Li Qiang, second-in-command to President Xi Jinping, speaks at the Boao Forum for Asia. 
Economy

China Premier Li pledges opening up to world amid U.S. tensions

New market access measures in store to boost trade and investment, Li Qiang says

30 March 2023
Britain's Port of Felixstowe, its busiest container port. The U.K. is set to join the CPTPP free trade bloc, although it already has bilateral deals with many of the members.
Trade

CPTPP trade bloc to give U.K. green light to join

Group now faces more geopolitically charged applications from China and Taiwan

30 March 2023
China's imports of semiconductor-manufacturing equipment fell for the first time in three years in 2022. (Photo by Masayuki Kozono)
Semiconductors

Chip equipment exports to China tumble as U.S. pushes decoupling

Impact could grow as Japan and Netherlands weigh their own restrictions

29 March 2023
The Cyberspace Administration of China says it will crack down on "malicious" efforts to sully the reputation of the country's entrepreneurs.
Economy

China offers olive branch to entrepreneurs as Jack Ma returns

Alibaba founder's absence fanned fears about Beijing's private-sector stance

28 March 2023
China did not agree to adhere to the same principles and rules in joining the WTO.
Opinion

An anti-coercion coalition can check China's economic weaponization

Unified collective action would help block intimidation efforts

27 March 2023
Chinese President Xi Jinping, left, and Russian President Vladimir Putin during a signing ceremony at the Grand Kremlin Palace in Moscow. 
International relations

Xi, Putin signal unity against U.S. in joint statement

China urges peace talks in Ukraine, Moscow backs Beijing on Taiwan

22 March 2023
Analysts say Chinese President Xi Jinping has been consolidating power and strengthening Communist Party control over a range of matters, including the country's vast trove of data.
Asia Insight

China's new power structure tightens grip on data, tech, finance

State and CCP overhaul aims to counter U.S., boost economy, curb dissent

21 March 2023
China's central bank will cut financial institutions' reserve requirement ratio for the first time since December.
Economy

China's surprise loan easing to bolster fragile economic growth

Authorities signal concerns over financial headwinds from the West

21 March 2023
Chinese customers pose in Thai student uniforms at the Sriphan store. (Photo from Sriphan's Facebook page)
Travel & Leisure

Thai school uniform boom in China fuels hope for tourism recovery

Social media post by Chinese actress starts cosplay trend among visitors

19 March 2023
A growing number of seniors and a shrinking working-age population have raised worries about the sustainability of China's pension system.
Economy

China's 228m retirees set to drain economy and social safety net

Lacking options, government eyes broadly unpopular increase in eligibility age

18 March 2023
The European Union is aiming to reduce its dependence on imports of critical raw materials from countries such as China. (Source photos by AP and Reuters) 
Trade

EU seeks to diversify critical raw material supply away from China

Concerns grow over dependence on imports during pandemic, Ukraine war

17 March 2023
Chinese job seekers approach the booth of an employer at a job fair in Wuhan, Hubei province, on Feb. 9. (cnsphoto via Reuters)
Caixin

Solving China's soaring youth unemployment

Public-sector efforts not enough as job offers fall amid economic slump

16 March 2023
German Chancellor Olaf Scholz speaks with Nikkei Asia at the Chancellery in Berlin, ahead of his trip to Japan. (Photo by Marlies Matthes)
Interview

Scholz warns China not to use force to alter Taiwan status quo

German leader to deepen relationships with Asian partners in policy shift

16 March 2023
People attend a job fair in Beijing. Young workers, especially those with college degrees, are facing a hard time finding jobs in China.
Economy

China employment slow to return despite end of zero-COVID

Smaller cities, young workers benefit little from end to restrictions

16 March 2023
Port workers check a copper shipment bound for Asia, at Valparaiso port in Chile.
Commodities

Nickel, copper prices sink on worries about China's economy

Speculators spurn nonferrous metals, seeing little stimulus from Beijing

16 March 2023