Economy

China is focusing on automotive chips in its push to expand domestic semiconductor production. (Nikkei Montage)
Semiconductors

Chinese auto chips only: Inside Xi's self-sufficiency campaign

Government takes lead in developing semiconductor industry to rival U.S.

15 March 2023
Mumbai's financial district. India overtook the U.K. last year to become the world's fifth-largest economy.
Politics

India's path to overtake China hinges on tighter contract enforcement

With backlog of 50m disputes, modernizing rule of law key to attracting more investment

15 March 2023
An electric vehicle is assembled at Mazda Motor's plant in Hiroshima, Japan. Chinese curbs on technology exports could hinder the development of new EVs. (Photo by Ryotaro Yamada)
Supply Chain

Joint patents with China pose pitfalls in U.S.-led decoupling

American, Japanese filings on EV tech exposed to Beijing's leverage in trade battle

15 March 2023
Shanghai on March 7. The National People's Congress has delivered important news for China and the world.
Opinion

China's regulatory restructuring will show value in crisis

Overarching financial watchdog positioned to act quickly and effectively

14 March 2023
Beijing Capital International Airport: Discrepancies in spending figures by Chinese tourists reflect individuals ferrying money overseas, Natixis says.
Economy

China travel resurgence raises prospect of higher wealth outflows

Experts say tourism used to skirt capital controls; post-reopening trips near 40m

14 March 2023
A military delegation poses for photos after the National People's Congress closed in Beijing on March 13. (Pool via Reuters)
Comment

Coming to grips with China's 'wartime' footing on economy

Lines between trade curbs and military moves blur in shifting fight for control

14 March 2023
A laborer works on scaffolding at a construction side in central Beijing.
Caixin

Why China set 2023 GDP growth target at 'around 5%'

Global economic outlook not promising and stable rise will be a challenge

14 March 2023
Chinese President Xi Jinping delivers a speech at the closing ceremony of the National People's Congress at the Great Hall of the People in Beijing on March 13,
China People's Congress

Xi urges China to advance tech self-reliance, Taiwan unification

New Premier Li Qiang bats off concerns about weakening growth

13 March 2023
People's Bank of China (PBOC) Governor Yi Gang speaks at a news conference in Beijing on March 3.
China People's Congress

China keeps Yi Gang as central bank chief in surprise move

Sanctioned general Li Shangfu named defense minister amid high U.S. tensions

13 March 2023
Delegates at the National People's Congress, China's annual rubber-stamp parliament, at the Great Hall of the People in Beijing on March 11.
China People's Congress

China cabinet, central bank chief in focus as parliament winds down

Slate of top economic portfolios to be announced at National People's Congress

12 March 2023
Newly elected Premier Li Qiang, left, shakes hands with Chinese President Xi Jinping during a session of the National People's Congress in Beijing on March 11. (Photo by Yusuke Hinata)
China People's Congress

Li Qiang confirmed as China's premier at annual parliament

Former Shanghai party boss will serve as Xi Jinping's second-in-command

11 March 2023
"The G-7 is the best forum for discussion," Michael Beeman told Nikkei, stressing that member nations should work together to address export curbs and other measures.
Interview

G-7 should form united front versus China: ex-U.S. trade official

Michael Beeman sees the group discussing trade sanctions that align with the U.S.

10 March 2023
A man carries a sack of vegetables at a main market in Colombo.
Sri Lanka crisis

China relents on Sri Lanka debt, paving way for bailout

Beijing eyes opportunity to extend clout over Global South

9 March 2023
Movements on the Hong Kong Hang Seng Index remained small after China's National People's Congress opened on March 5.
Markets

Chinese mutual funds suffer biggest net outflow in 31 months

Market split on financial measures announced at National People's Congress

8 March 2023
Workers stand overlooking the Grasberg copper mine in Indonesia's Papua province. Indonesian President Joko "Jokowi" Widodo plans to ban copper experts tentatively in the middle of the year.
Commodities

Indonesia eyes extending export bans to bauxite, copper and beyond

Jokowi aims to develop downstream industries at home, but risks trade frictions

7 March 2023
China dropping its zero-COVID policy sparked a monthslong rally as foreign investors bet on an economic rebound. 
Markets

China shares slip as soft growth target deflates investor hopes

Markets await more details on stimulus, key government appointments

6 March 2023
Chinese Premier Li Keqiang speaks at the opening session of the National People's Congress (NPC) at the Great Hall of the People in Beijing on March 5. (Photo by Yusuke Hinata)
China People's Congress

China sets post-pandemic growth target at 'around 5%'

Defense spending boost flagged as National People's Congress kicks off

5 March 2023
Li Qiang attends the closing ceremony of the 20th National Congress of the Chinese Communist Party in October 2022: The incoming premier has little choice but to ramp up stimulus spending.
Opinion

China's new cabinet will have no time to lose

Economic and diplomatic challenges will test incoming State Council

3 March 2023
President Xi Jinping has signaled a tightening grip over China's finance industry and other sectors of the economy after a two-year tech crackdown. (Source photos by Reuters) 
China People's Congress

China set for new Xi-loyalist cabinet at National People's Congress

Weeklong legislative meeting to see top economic appointments, new growth forecast

3 March 2023
A Huawei booth at this year's Mobile World Congress in Barcelona, Spain. The event is usually a stage for Huawei's latest smartphone launch, but that did not happen this year.
Huawei crackdown

Huawei's rebirth as cloud provider faces total U.S. export ban threat

Chinese tech company would be unable to access any American chips

3 March 2023
Shanghai's Pudong Lujiazui financial district on Jan. 8: Beijing may have concluded that a shorter leash on financial market players is now essential.
Opinion

China's anti-corruption agency has financial sector in its sights

CCDI takes aim at 'shadow shareholders' and warns industry cleanup is coming

1 March 2023
Japan's hotels and restaurants have struggled to hire workers to respond to a rebound in inbound tourists. (Photo by Makoto Okada)
Travel & Leisure

Japan opens up to Chinese tourists, but can it handle the rush?

80% of hotels short-staffed as country sees 84 times as many overseas visitors

1 March 2023
A Prada store in Beijing. Income disparities has widened in China, especially for those living in urban areas.
Economy

China's economy sputters just shy of high-income status

Economic slowdown caused per capita income to grow less than 1% last year

1 March 2023
A construction site of a metro rail project in New Delhi: The Indian economy has run into headwinds but remains a strong performer.
Economy

India GDP outpaces China despite slowdown to 4.4% last quarter

South Asian nation growing at 7% annual clip versus rival's 3%

1 March 2023
U.S. Commerce Secretary Gina Raimondo, right, and Secretary of State Antony Blinken participate in a U.S.-European Union Trade and Technology Council ministerial meeting at the University of Maryland in December.
US-China tensions

U.S. CHIPS Act fund bars chipmakers from China expansion for 10 years

Washington also bans beneficiaries of $39bn program from using cash for share buybacks

28 February 2023