China's ongoing real estate slump has exacerbated economic stagnation in regional cities such as Shenyang.
Economy

China rust belt city faces growing exodus as workers seek living wage

Pay gap with major urban areas widens amid stagnant real estate market

17 July 2024
Self-exiled Chinese tycoon Guo Wengui, who was found guilty of fraud in the U.S. on July 16.
Crime

Chinese businessman Guo Wengui found guilty in U.S. fraud trial

The vocal critic of the Chinese Communist Party will be sentenced Nov. 19

17 July 2024
Spurred by geopolitical tension and supply snags, governments are ramping up semiconductor production.
Opinion

Chips will stay in Asia even as West seeks to go back to the future

U.S., Europe face challenges reducing semiconductor dependency on Asia

17 July 2024
Christian Sewing told Nikkei that the Asia-Pacific region is a "key cornerstone" of Deutsche Bank's strategy. (Photo by Marlies Matthes)
Interview

Deutsche Bank to boost Asia revenue to 'well north of 15%': CEO

Christian Sewing committed to China presence despite Germany's de-risking efforts

17 July 2024
Chinese and Russian warships conduct maritime drills in July. (China PLA Navy)
South China Sea

China and Russia extend military cooperation to South China Sea

Activities follow increased drills among Japan, U.S. and Philippines

17 July 2024
Chinese investors now can put money into exchange-traded funds that track top Saudi Arabian companies such as oil giant Saudi Aramco. 
Markets

Saudi ETFs surge in China debut as financial ties deepen

Funds touch upper limit on first day of trading in Shanghai, Shenzhen

16 July 2024
Palau President Surangel Whipps Jr. speaks to Nikkei Asia in Tokyo on July 16. (Photo by Takuya Fujiwara)
Interview

Palau says China exerting 'new level' of pressure

President cites rejection of delegation to Macao and suspect cyber assault

16 July 2024
A rare-earth mine in China's Inner Mongolia region.
Materials

China's state rare-earth players bleed red ink as prices fall

Loss warnings for first half come amid Beijing-led consolidation, controls

16 July 2024
A policeman stands guard near a closed road leading to the Jingxi Hotel in Beijing, where the Communist Party's Central Committee is understood to be holding its third plenum, on July 15.
Economy

Banks trim China's GDP forecasts as its leaders huddle at plenum

Weak Q2 growth and sluggish consumption put policymakers in hot seat

16 July 2024
Supporters of the Dalai Lama await the Tibetan spiritual leader's arrival outside a New York hotel on June 23. Tensions between China and the U.S. over Tibet have flared after President Joe Biden signed new legislation on the issue.
Politics

China's Tibet policy under brighter spotlight after U.S. law, U.N. review

Beijing rejects West's rights recommendations as Dalai Lama turns 89

16 July 2024
The Chinese government announced plans in May to buy unsold homes to bolster the property market. (Photo by Mizuho Miyazaki)
Property

China's new home prices extend slide despite steps to prop up market

91% of top cities logged declines in June with average price falling for 13th month

16 July 2024
Electric vehicles made by China's BYD await loading onto a vehicle carrier for export to Brazil, at the port of Lianyungang, China.
Trade war

China asks WTO to set up panel for U.S. EV subsidies dispute

Beijing objects to Inflation Reduction Act's barriers to its products

15 July 2024
Beijing-based Ping An Insurance Group intends to strengthen its capital position and fund growth in health care and the aged care sector. 
Finance

Ping An Insurance to raise $3.5bn in bond deal, document shows

Convertible bonds increasingly popular with Chinese companies for funding

15 July 2024
Swatch's shares were on track for their worst day in more than four years on July 15.
Consumer

Swatch slumps on weak China demand; shares hammered

First-half net sales tumble 14.3% for maker of Tissot, Longines, Omega watches

15 July 2024
From left: Japanese Prime Minister Fumio Kishida, German Chancellor Olaf Scholz and Chinese President Xi Jinping. The U.S., France and Germany are expanding their networks of contacts in China, possibly at Japan's expense. (Nikkei montage/Source photos by Uichiro Kasai and AP)
Comment

Japan needs a balanced China strategy free from historical burdens

U.S., France, Germany replace Japan as Chinese contacts amid Tokyo-Beijing tensions

15 July 2024
Beijing's Central Business District. China is aiming for GDP growth of "around 5%" this year.
Economy

China GDP growth slows to 4.7% in Q2, missing forecasts

Result raises stakes for third plenum as property woes, weak demand 'hit brakes'

15 July 2024
An Urban Revivo location in Guangzhou: The brand's stores are designed to wow shoppers with art displays and high-tech features. (Photo by Wataru Suzuki)
Retail

China's Zara challenger Urban Revivo ramps up global growth plans

With focus on brick-and-mortar stores, parent eyes $13bn sales goal and IPO

15 July 2024
Chinese President Xi Jinping attends the National People's Congress at the Great Hall of the People in Beijing on March 11, 2024. Communist Party leaders gather this week for another closely watched meeting, known as the third plenum.
Politics

China's third plenum kicks off as GDP disappoints: 5 things to know

All eyes on how Communist Party plans to steer economy through headwinds

15 July 2024
Opening scene of Netflix's "3 Body Problem." (Netflix)
Arts

How family trauma played a role in '3 Body Problem'

Cultural revolution scenes haunt show's co-creator Alexander Woo

15 July 2024
Guangzhou, the capital of Guangdong province, sold only four residential land lots in the first half of 2024.
Caixin

China land sales tumbled by more than a third in first half of 2024

Loss of land auction revenue leaves provinces reliant on government transfer payments

15 July 2024
Members of the China Coast Guard approach Philippine troops on a resupply mission in the Second Thomas Shoal in the disputed South China Sea on June 17.
Opinion

Philippines and Vietnam's South China Sea strategies have failed

Manila's 'transparency' and Hanoi's 'opacity' are outdated approaches to deter China

15 July 2024
Chinese President Xi Jinping, center, at the Shanghai Cooperation Organization summit in Astana, Kazakhstan, on July 4.
U.S. elections 2024

Xi Jinping expresses sympathies to Donald Trump after shooting

Ex-president calls on U.S. to stand united; former first lady issues statement

15 July 2024
Toyota's electric vehicle bZ4X was on display last August at the Gaikindo Indonesia International Auto Show. Japanese carmakers have long dominated the Indonesian market.
Your Week in Asia

China 'third plenum' meeting, ADB economic outlook, Indonesia Auto Show

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

14 July 2024
Laos recently ousted the head of its central bank as authorities in the debt-laden country scramble for scarce foreign currency. (Nikkei montage/Source photos by Ken Kobayashi)
Economy

Laos central bank shake-up reveals forex crisis, China dependence

Vientiane may need more help from Beijing to stem cash outflows

14 July 2024
U.S. President Joe Biden, center, sits with South Korea's President Yoon Suk Yeol, left, and Japanese Prime Minister Fumio Kishida at a NATO summit in Madrid in June 2022.
Opinion

Democratic Asia must bolster defenses, no matter who wins the U.S. election

Both Biden and Trump failed to address Indo-Pacific topics in any detail at recent debate

14 July 2024