China’s exports fell by 6.2 per cent, year on year, in September, data released on Friday showed, while imports also fell by 6.2 per cent last month. Photo: Shutterstock Images

Export decline ‘improved modestly’, signalling China’s economic stabilisation

China’s exports fell by 6.2 per cent, year on year, in September, data released on Friday showed, while imports also fell by 6.2 per cent last month.

4 hours ago

China’s consumer inflation flat, factory prices fall for 12th month in a row

China’s consumer price index (CPI) remained flat from a year earlier in September, data released on Friday showed, while the producer price index (PPI) fell for a 12th month in a row.

China’s consumer price index (CPI) remained flat from a year earlier in September, data released on Friday showed, while the producer price index (PPI) fell for a 12th month in a row.

4 hours ago

China’s birth rate incentives not yet moving the needle for weary families

New statistics from China’s health authority show the proportion of second, third children is still dropping, even with numerous measures in place to incentivise births.

New statistics from China’s health authority show the proportion of second, third children is still dropping, even with numerous measures in place to incentivise births.

6 hours ago

China property crisis: Beijing helps small banks, moves to prevent contagion

China is striving to establish a high-quality inclusive financial system over the next five years, although its financial stability is under pressure from the ongoing property crisis triggered by Evergrande and Country Garden.

China is striving to establish a high-quality inclusive financial system over the next five years, although its financial stability is under pressure from the ongoing property crisis triggered by Evergrande and Country Garden.

13 Oct 2023 - 9:26AM

China, EU ‘can play great part’ in tackling global warming, bloc energy chief says

Revealing agreement on closer climate cooperation, Commissioner for Energy Kadri Simson urges China to commit to global pledges to cut methane emissions and triple renewable energy capacity by 2030.

Revealing agreement on closer climate cooperation, Commissioner for Energy Kadri Simson urges China to commit to global pledges to cut methane emissions and triple renewable energy capacity by 2030.

12 Oct 2023 - 11:56PM

MORE STORIES

The average monthly salary expectation of this year’s college graduates in China is 8,033 yuan (US$1,100) – or 100 yuan less than last year, according to new findings. Photo: TNS

China graduates expect less pay as more eye blue-collar work, lower-tier cities

Findings from a Chinese recruitment platform, based on surveys and résumés, show how the nation’s slow economic recovery is affecting job outlooks among those struggling most to find work.

12 Oct 2023 - 7:03PM

AI jobs offer the highest salaries to Chinese graduates in 2023: report

The AI industry offers the highest average salary for university graduates in China, followed by blockchain, according to a report by recruitment platform Liepin.

The AI industry offers the highest average salary for university graduates in China, followed by blockchain, according to a report by recruitment platform Liepin.

12 Oct 2023 - 9:02PM

Smell of commerce in the air as China, Malaysia accelerate durian import talks

Talks between Chinese customs officials and Malaysian agricultural personnel on the import of fresh durians are moving forward, with some suggesting approval could come as early as 2024.

Talks between Chinese customs officials and Malaysian agricultural personnel on the import of fresh durians are moving forward, with some suggesting approval could come as early as 2024.

12 Oct 2023 - 8:00AM

EU to investigate Chinese steel and aluminium sectors, with tariffs looming

Inquiries and possible tariffs are said to be part of an agreement with Washington, which is set to drop its Trump-era tariffs on imports of European steel and aluminium.

Inquiries and possible tariffs are said to be part of an agreement with Washington, which is set to drop its Trump-era tariffs on imports of European steel and aluminium.

12 Oct 2023 - 6:05AM

China’s vision for ‘green aviation’ points to NEV and C919 success

Recently released guidelines for the development of China’s civil aviation industry have explicitly used the country’s booming NEV industry and the home-grown C919 as examples to follow for future innovations.

Recently released guidelines for the development of China’s civil aviation industry have explicitly used the country’s booming NEV industry and the home-grown C919 as examples to follow for future innovations.

11 Oct 2023 - 10:43PM

Beijing tells China’s poor that help is coming via wider social security net

China’s State Council also puts the onus on local governments to bolster support for those most in need, including the poor and elderly, while also vowing to keep them warm this winter.

China’s State Council also puts the onus on local governments to bolster support for those most in need, including the poor and elderly, while also vowing to keep them warm this winter.

11 Oct 2023 - 8:00PM

Taiwan’s exports rise for first time in 13 months amid huge AI chip demand

Taiwan’s exports rose by 3.4 per cent in September, year on year, to US$38.81 billion, data released on Wednesday showed, amid increased demand for semiconductors for generative artificial intelligence use.

Taiwan’s exports rose by 3.4 per cent in September, year on year, to US$38.81 billion, data released on Wednesday showed, amid increased demand for semiconductors for generative artificial intelligence use.

11 Oct 2023 - 6:33PM

China’s local governments issuing refinancing bonds to tackle LGFV debt

China’s local governments are issuing refinancing bonds to service outstanding liabilities associated with US$9 trillion of ‘hidden’ debt amid efforts by Beijing to defuse risks in its slowing economy.

China’s local governments are issuing refinancing bonds to service outstanding liabilities associated with US$9 trillion of ‘hidden’ debt amid efforts by Beijing to defuse risks in its slowing economy.

11 Oct 2023 - 10:38AM

China’s state giants encouraged to pivot to self-reliance, national security

A report from a major government research institution has encouraged China’s state-owned enterprises to be a source of ‘stability’ in an increasingly uncertain economic environment.

A report from a major government research institution has encouraged China’s state-owned enterprises to be a source of ‘stability’ in an increasingly uncertain economic environment.

11 Oct 2023 - 8:00AM

China’s ‘newborn normal’ expected to hit 10 million as ageing trends continue

A senior government adviser projected China’s birth rate to hold steady at about 10 million per year, a figure that will add to a greater urgency for care services as the broader population ages.

A senior government adviser projected China’s birth rate to hold steady at about 10 million per year, a figure that will add to a greater urgency for care services as the broader population ages.

11 Oct 2023 - 10:11AM

Is there still a window of opportunity for China’s GDP to surpass the US?

International Monetary Fund cut China’s economic growth forecasts for 2023 and 2024 in its ‘World Economic Outlook’ on Tuesday, while revising up its estimates for the US economy.

International Monetary Fund cut China’s economic growth forecasts for 2023 and 2024 in its ‘World Economic Outlook’ on Tuesday, while revising up its estimates for the US economy.

11 Oct 2023 - 5:39AM

WM Motor goes bust in setback for Tencent, Baidu in China’s EV war

The carmaker’s petition is being reviewed by a Shanghai court, according to a filing published on the national enterprise bankruptcy information disclosure platform on Monday.

The carmaker’s petition is being reviewed by a Shanghai court, according to a filing published on the national enterprise bankruptcy information disclosure platform on Monday.

11 Oct 2023 - 9:43AM

China premier balks at US blacklist with visit to sanctioned surveillance giant

Li Qiang’s inspection tour in China’s economic powerhouse features some of the strongest high-level calls for a digital transformation, with huge hardware and software upgrades in the works.

Li Qiang’s inspection tour in China’s economic powerhouse features some of the strongest high-level calls for a digital transformation, with huge hardware and software upgrades in the works.

10 Oct 2023 - 8:00PM

Chinese banks’ earnings to remain under pressure in fourth quarter: analysts

China’s big banks are likely to face further pressure on their revenues and interest margins in the fourth quarter, as the world’s second-largest economy battles an ongoing property sector crisis and low consumer confidence, analysts said.

China’s big banks are likely to face further pressure on their revenues and interest margins in the fourth quarter, as the world’s second-largest economy battles an ongoing property sector crisis and low consumer confidence, analysts said.

10 Oct 2023 - 6:19PM

China’s real estate, debt crises prompt IMF warning of widening economic damage

The latest financial stability report by the IMF suggests that China’s economy could be facing even more dire straits, and a ‘sharp repricing of assets’ is possible.

The latest financial stability report by the IMF suggests that China’s economy could be facing even more dire straits, and a ‘sharp repricing of assets’ is possible.

10 Oct 2023 - 5:30PM