A lack of confidence in China’s future economic growth has been quickly spreading, as its post-coronavirus recovery appears to have fizzled out after registering 4.5 per cent growth, year on year, in the first quarter. Photo: AFP

‘China is slowing’: economic recovery stalls as yuan slips, uncertainty abounds

Waning confidence in China’s economic growth has been spreading, with global investment banks revising down their second quarter sequential growth forecasts ahead of the release of the data later this month.

40 minutes ago

Super-connector Hong Kong’s ‘best days are ahead’, says HKEX boss Aguzin

The capital markets of Hong Kong and China must continue to open up and welcome foreign investors to participate in the schemes that link them, with the city playing a key role as a ‘super-connector’, financial and government leaders said at an event marking the sixth anniversary of Bond Connect.

The capital markets of Hong Kong and China must continue to open up and welcome foreign investors to participate in the schemes that link them, with the city playing a key role as a ‘super-connector’, financial and government leaders said at an event marking the sixth anniversary of Bond Connect.

3 hours ago

Top Chinese banks offer 25-year loans to LGFVs to avert credit crunch

Top banks like ICBC and China Construction Bank are offering LGFVs loans with ultra-long maturities and temporary interest relief to prevent a credit crunch amid growing tension in the US$9 trillion debt market.

Top banks like ICBC and China Construction Bank are offering LGFVs loans with ultra-long maturities and temporary interest relief to prevent a credit crunch amid growing tension in the US$9 trillion debt market.

4 hours ago

Hong Kong office rents and rental values expected to decline further, analysts say

Hong Kong’s office rents and rateable values are expected to fall amid high vacancies, new supply, uncertainties around the global economy and downsizing by firms, analysts say.

Hong Kong’s office rents and rateable values are expected to fall amid high vacancies, new supply, uncertainties around the global economy and downsizing by firms, analysts say.

4 Jul 2023 - 8:30AM

Can deep-sea fishing feed China, or will the haul be too costly?

Some experts say that distant-water mariculture will be able to yield China abundant protein as Beijing pursues dietary diversity to meet growing food demand, but the industry is still in the early stages.

Some experts say that distant-water mariculture will be able to yield China abundant protein as Beijing pursues dietary diversity to meet growing food demand, but the industry is still in the early stages.

4 Jul 2023 - 9:16AM

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People attend a job fair in a mall in Beijing. Photo: Reuters

Explainer | From GDP to the yuan: 4 things to look out for in China’s economy in July

China will release its second-quarter gross domestic product data in mid-July, while US Treasury Secretary Janet Yellen will visit and attention this month will also be on the yuan exchange rate and the possibility of stimulus measures.

4 Jul 2023 - 12:00AM

China takes aim at energy crisis with massive crude-oil processor

Huge processing vessel undocks as a chorus of calls and suggestions flag energy security pitfalls and seek action from Beijing at a time of internal and external uncertainties.

Huge processing vessel undocks as a chorus of calls and suggestions flag energy security pitfalls and seek action from Beijing at a time of internal and external uncertainties.

3 Jul 2023 - 6:58PM

With recovery ‘yet to find a stable footing’, China’s factory activity slows

Caixin/S&P Global manufacturing purchasing managers’ index (PMI) fell to 50.5 in June, down from 50.9 in May, data released on Monday showed.

Caixin/S&P Global manufacturing purchasing managers’ index (PMI) fell to 50.5 in June, down from 50.9 in May, data released on Monday showed.

3 Jul 2023 - 10:32AM

‘Cooperation, competition’: China, US to test hard bone issues during Yellen trip

US Treasury Secretary Janet Yellen will begin a four-day visit to China on Thursday, and is set to meet senior officials to ‘work together to address global challenges’.

US Treasury Secretary Janet Yellen will begin a four-day visit to China on Thursday, and is set to meet senior officials to ‘work together to address global challenges’.

3 Jul 2023 - 9:57PM

As yuan slips to 7-month low, market waits for China central bank’s next move

People’s Bank of China promises ‘comprehensive measures’ to prevent wild swings in the exchange rate as the yuan approaches a key psychological threshold.

People’s Bank of China promises ‘comprehensive measures’ to prevent wild swings in the exchange rate as the yuan approaches a key psychological threshold.

3 Jul 2023 - 1:09PM

China’s Tesla rivals see sales jump in June, as demand for EVs rebounds

The three main Chinese electric-car makers enjoyed a surge in sales buoyed by pent-up demand after months of lacklustre demand, boding well for an industry vital to the country’s economic recovery.

The three main Chinese electric-car makers enjoyed a surge in sales buoyed by pent-up demand after months of lacklustre demand, boding well for an industry vital to the country’s economic recovery.

2 Jul 2023 - 6:00PM

French fashion tycoon’s visit shows importance of China’s huge luxury market

Since mainland China dropped all its travel curbs, the heads of the world’s most recognisable luxury brands have been making a beeline there, with French billionaire Bernard Arnault, the chairman and CEO of LVMH, the latest to make a high-profile visit.

Since mainland China dropped all its travel curbs, the heads of the world’s most recognisable luxury brands have been making a beeline there, with French billionaire Bernard Arnault, the chairman and CEO of LVMH, the latest to make a high-profile visit.

2 Jul 2023 - 2:31PM

Return of mainland tourists lifts Hong Kong retail property segment

Hong Kong’s retail property segment has benefited the most from the return of mainland Chinese tourists to the city, with brands and food and beverage operators snapping up shops in high streets and luxury shopping centres alike, analysts said.

Hong Kong’s retail property segment has benefited the most from the return of mainland Chinese tourists to the city, with brands and food and beverage operators snapping up shops in high streets and luxury shopping centres alike, analysts said.

2 Jul 2023 - 10:00AM

Pressured from abroad, China tackling ‘bad faith’ trademark rules to protect IP

Chinese officials have proposed to update its Trademark Law in an attempt to improve intellectual property protection, especially for foreign companies and brands, with China eager to attract foreign investment amid its slowing economy.

Chinese officials have proposed to update its Trademark Law in an attempt to improve intellectual property protection, especially for foreign companies and brands, with China eager to attract foreign investment amid its slowing economy.

2 Jul 2023 - 8:00AM

China’s forex regulatory head named Communist Party chief for central bank

Pan Gongsheng likely to be named PBOC governor next, industry insiders tell the Post, with notice also saying incumbent Yi Gang will step down.

Pan Gongsheng likely to be named PBOC governor next, industry insiders tell the Post, with notice also saying incumbent Yi Gang will step down.

1 Jul 2023 - 10:00PM

China’s seeds, in an agricultural choke hold, must see breeding advancements

Experts call on Beijing to diversify seed imports, increase collaboration between universities and companies, and employ smarter breeding techniques to enhance food security.

Experts call on Beijing to diversify seed imports, increase collaboration between universities and companies, and employ smarter breeding techniques to enhance food security.

4 Jul 2023 - 9:17AM

Shanghai district plans to launch investment fund to support local tech firms

The government of Huangpu district, which forms part of Shanghai’s urban core, plans to launch an investment fund to support promising technology firms based in its 20.5 sq km area.

The government of Huangpu district, which forms part of Shanghai’s urban core, plans to launch an investment fund to support promising technology firms based in its 20.5 sq km area.

1 Jul 2023 - 2:00PM

Will China’s experiment to promote low-carbon living pay off?

Chinese companies and local governments are using incentives to promote low-carbon living, but for the behaviour to become mainstream and align with the nation’s net-zero goal requires a streamlined and scientific approach, analysts say.

Chinese companies and local governments are using incentives to promote low-carbon living, but for the behaviour to become mainstream and align with the nation’s net-zero goal requires a streamlined and scientific approach, analysts say.

1 Jul 2023 - 10:00AM

What workforce advantages can China leverage as India gets bigger?

China’s labour resources may keep growing until at least 2040, and many retirees are still capable of working – if utilised, they could help offset pressure from an ageing population

China’s labour resources may keep growing until at least 2040, and many retirees are still capable of working – if utilised, they could help offset pressure from an ageing population

1 Jul 2023 - 5:49AM

From durian to a new cruise ship: 8 takeaways from China’s economy in June

Premier Li Qiang gave the opening address to the World Economic Forum meeting in Tianjin in June, while China’s first home-grown large cruise liner undocked in Shanghai and youth unemployment rose again.

Premier Li Qiang gave the opening address to the World Economic Forum meeting in Tianjin in June, while China’s first home-grown large cruise liner undocked in Shanghai and youth unemployment rose again.

1 Jul 2023 - 12:00AM