China economy

China export prices climb most in three years on oil shock

The data underscores the spillover from the war in Iran, hitting the world’s largest exporter of goods

On May 2, Beijing ordered its companies not to comply with US sanctions on five Chinese refineries accused of buying Iranian oil, including Hengli Petrochemicals (above).

China uses for the first time new rules to counter ‘improper’ foreign jurisdiction over its firms

In the years since, Beijing has further bolstered its toolkit with measures such as an anti-foreign sanctions law

Solid economic growth in the first quarter may have reduced the impetus for authorities to step up spending.

China lowers spending most in six months in blow to economy

The Asian nation will likely increase infrastructure spending to shore up growth

Factory output grew 4.1% from a year earlier last month, compared with a 5.7% rise in March, data from the National Bureau of Statistics showed.

China’s economy loses steam at start of Q2 as consumption, output disappoint in April

The April figures offer early signs that Q1 momentum is already fading

New-home prices in 70 cities, excluding state-subsidised housing, dropped 0.19% from March, the smallest drop in a year, showed data from the National Bureau of Statistics.

China home price slump eases in sign market is stabilising

A real estate recovery would help to restore household confidence and encourage spending

China adopts a wait-and-see stance on its two-speed growth as previous consumer-boosting efforts yield only small gains.

China’s K-shaped economic divide is extending to another quarter

Stabilising trade ties with the US, likely reinforced by Trump’s visit to Beijing, further bolster the outlook

China is the world’s largest importer of crude oil and gas, but has been able to largely shield its businesses and residents from the shortages.

China’s manufacturing heartland tested by Iran war energy shock

Average spot electricity prices have nearly doubled since the war began

The primary culprit for the surge in bad loans is a mountain of credit extended to companies whose earnings are insufficient to cover interest payments.

China’s US$3 trillion of hidden bad debt prolongs economic pain

Chinese banks are also accelerating write-offs and transfers of bad assets

The automotive, machinery and chemicals sectors are among those in particular at risk from Chinese competitors, the report said.

China’s policies threaten US$650 billion in G-7: US chamber

CHINA’S industrial strategy threatens hundreds of billions of dollars worth of industrial output in the world’s most advanced economies, posing a danger of hollowing out their industrial capabilities,...

The AI boom is meanwhile pushing both Chinese exports and imports to record highs, with foreign purchases in April soaring 25 per cent from year ago to US$275 billion.

China earns US$500 million per hour from exports supercharged by AI

The country has emerged as the world’s largest supplier of AI-related goods last year