The number of people aged 60 and older has risen from 126 million in 2000 to 297 million in 2023, doubling their share of the population.
Caixin

China moves to raise retirement age to ease labor and pension concerns

Aging population, declining birth rate strain social security system

12 August 2024
A 2024 Olympic Games gold medal, top, along with 2024 Paralympic Games medals. The Olympics' closing ceremony will be held near Paris on Aug. 11, about two weeks before the Paralympics start there on Aug. 28.
Sports

U.S. tops medals table at end of Paris Olympics

America bags 40 golds and 126 overall; China wins 40 golds and 91 overall

12 August 2024
An AI sign is displayed at the World Artificial Intelligence Conference in Shanghai on July 6. Chinese courts have been quick to set precedents on various aspects of the technology.
Artificial intelligence

China court rulings on AI accelerate race to set standards

Judges establish precedents on voice and images as Beijing embraces the tech

11 August 2024
Taliban fighters outside the Interior Ministry in Kabul in August 2021, after the militant group retook power in Afghanistan.
Your Week in Asia

Taliban takeover anniversary, Japan GDP, Greater China earnings

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

11 August 2024
A Chinese fighter jet flies during a patrol over the South China Sea in this undated photo released Aug. 6, 2016, by China's Xinhua News Agency.
South China Sea

Philippine military condemns China air force for 'dangerous' acts in South China Sea

PLA aircraft interfered with lawful flight operations, armed forces chief says

10 August 2024
Apollo Future Mobility counts high-profile businesspeople from the Chinese mainland, Hong Kong and Macao as major backers.
Caixin

China-backed Apollo Future Mobility exits sensitive U.S. business

Hong Kong firm cites concerns over U.S. scrutiny in selling shares of 3D printing company

10 August 2024
According to the International Monetary Fund, as of March 2024, the total balance of global foreign reserves stood at $12.3499 trillion, with the dollar accounting for 58.9% based on currency allocation.
Currencies

Central banks dump dollars and yuan in favor of gold

The 'stateless currency' shines as a haven amid geopolitical tension

10 August 2024
Electric and other new energy vehicles accounted for over 50% of China's domestic passenger auto sales for the first time in July.
Automobiles

China's auto sales slide 5% in July, dipping 2nd straight month

New energy vehicles make up majority of passenger auto sales for 1st time

10 August 2024
An electric vehicle from China's Dongfeng Motor. The European Union has imposed provisional tariffs of up to 37.6% on EVs made in China, saying they unfairly benefit from government subsidies.
Electric vehicles

China files WTO complaint against EU over tariffs on EVs

Beijing says it will 'safeguard the development rights and interests' of industry

9 August 2024
South Korea's POSCO and China's Baosteel have modeled their facilities after Nippon Steel's Kimitsu works, located south of Tokyo. (Photo by Yuji Ohira)
Materials

Nippon Steel pivots away from China to zero in on U.S., India

U.S. Steel acquisition and Indian blast furnaces critical to expansion

9 August 2024
An explosion engulfs Taiwanese shipping company Yang Ming Marine Transport Corp's cargo ship YM Mobility at Ningbo-Zhoushan Port in Ningbo, China, Aug 9, in this still from a social media video. 
Transportation

Powerful explosion sets off fireball on container ship at Chinese port

Container exploded on vessel loaded with hazardous goods at Ningbo-Zhoushan, says CCTV

9 August 2024
Bottles of Kweichow Moutai liquor are displayed at a direct sales store in Beijing in November 2020. The popular spirit brand's share prices saw a bump on Friday after posting strong first-half numbers.
Food & Beverage

Moutai bucks China liquor slump with strong results

Maker of CCP's favorite tipple regains market cap lead as baijiu rivals struggle

9 August 2024
A pork vendor attends to a customer at a market in Beijing. Weak consumer demand is weighing on the world's No. 2 economy.
Economy

China's July consumer inflation tops forecast, producer deflation persists

Heat and rain push up food prices amid concerns over weak demand

9 August 2024
SMIC is China's leading maker of semiconductors. 
Semiconductors

SMIC says China's localization push is boosting chip demand

Top chipmaker's revenue grows 22% in April-June but profit sinks amid price battle

9 August 2024
A Toyota Kirloskar Auto Parts factory that makes transmission systems for hybrid cars in Bidadi, in the southern Indian state of Karnataka.
Opinion

India is well placed to become the 'next China' and drive global growth

Nation faces opportunities and challenges in becoming an economic powerhouse

9 August 2024
China's central government is encouraging local governments to acquire property and build affordable housing on it. (Photo by Mizuho Miyazaki)
China debt crunch

China taps public debt to buy unused land from developers

New response to property slump risks further financial woes for local governments

9 August 2024
Kobe Steel is Japan's third-largest steelmaker.
Companies

China's Baosteel, Baowu Aluminum, Japan's Kobe Steel to form joint venture

Japanese steelmaker to take 50% stake in automotive aluminum sheet company

8 August 2024
Swire owns exclusive rights to manufacture, market and distribute Coca-Cola products in 11 Chinese provinces and the city of Shanghai.
Food & Beverage

Swire's China Coca-Cola business mired in 'subdued' spending

Group turns toward Southeast Asia with 'appetite' for residential property

8 August 2024
Workers get lunch from roadside stalls near buildings under construction in Shenzhen's Qianhai New District, a commercial development sector of the city. The city government has begun to convert unsold apartments within its jurisdiction into affordable housing 
Property

Shenzhen throws weight behind China's drive to absorb unsold homes

City joins nationwide plan to convert abandoned projects into affordable housing

8 August 2024
Stream article image
#techAsia

HP's China shift and Infineon in Malaysia

The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times

8 August 2024
A rescuer stands by trucks equipped with cranes conveyed by the Japan International Cooperation Agency to the State Emergency Service of Ukraine in the Kyiv region of northern Ukraine, on April 25, 2023.
Opinion

Japan and South Korea must put 'Asia First' over Ukraine support

Focusing on aid to Kyiv risks compromising the two nations' regional security needs

8 August 2024
Workers make Honda SUVs at an auto plant in China's Hubei province.
Automobiles

Japan's automakers lose market share in China, Thailand as EVs spread

Companies rethink their strategy in these countries as competition accelerates

8 August 2024
Oleg Deripaska, founder of aluminum giant Rusal, speaks to Nikkei Asia in an interview in Tokyo on Aug. 5. (Photo by Suzu Takahashi)
Interview

Trade with Asia 'lifeline' for sanction-hit Russia, says Oleg Deripaska

Oligarch says exchange with India and China vital as Ukraine war takes toll

8 August 2024
Bangladesh Prime Minister Sheikh Hasina meets Chinese President Xi Jinping in Beijing, weeks before she was ousted from power. (Photo from X account of China's vice minister of foreign affairs)
Bangladesh turmoil

For China, Bangladesh crisis spells opportunity and awkward social echoes

Beijing treads cautiously after student-led protests oust India-friendly Hasina

8 August 2024
A new exhibit in Hong Kong features photos and videos showing the damage caused by the 2019 protests. (Photo by Kensaku Ihara)
Hong Kong security law

Hong Kong national security gallery imprints 2019 protests as 'destruction'

New exhibits seek to promote Chinese patriotism in face of 'external hostilities'

8 August 2024