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With a falling number of unicorns – start-ups valued at more than US$1 billion – having caught the eye of China’s top leaders, analysts expect more domestic resources to be [...]

President Xi Jinping has ordered the country’s cadres to put employment and job creation “at the forefront of their mind”, as Beijing tries to anchor market confidence and maintain stability [...]

Near Shanghai’s Pudong Airport, China’s busiest gateway for international aviation, a husk of a jet sits forlorn on a slope. It has been immobile for years, gathering dust and rust, [...]

The Politburo reviewed a pilot accountability mechanism for financial de-risking yesterday, the latest offensive in Beijing’s campaign to address deep-rooted hazards in the financial system and the crisis-plagued property sector. [...]

President Xi Jinping’s high-profile meeting with business leaders – the first of its kind in almost four years – was carefully arranged to solicit opinions, but more importantly, to offer [...]

While the resumption of China’s central bank’s treasury-bond trade has stirred fierce debate over Beijing’s leaning towards quantitative easing, a prominent researcher has called for purchases in the primary market [...]

Fresh sparks are flying as risks associated with an overflow in China’s electric vehicle (EV) industry have turned up the heat between Beijing and the West, amid echoes of past [...]

Having established its bona fides as a producer of commercial aircraft with the launch of the narrowbody C919, China has already begun work on the C939, a new widebody plane [...]

In the 16 months since Beijing swung its doors back open and started rolling out the red carpet for global business leaders to perform on-the-ground assessments after three years of [...]

With the West exerting renewed pressure on China over its relationship with Russia – a bond that has grown deeper and more controversial in the years since Moscow’s invasion of [...]

China will mobilise what the country’s leaders have referred to as “patient capital” – funds oriented towards the longer term with greater risk tolerance – to bankroll its strategy to [...]

The elite of China’s ruling Communist Party will meet in July for their long-awaited third plenary session, a gathering that is expected to shed light on the country’s general economic [...]

Contractions in gauges measuring orders and output prices, as well as a new high for the production subindex, indicated pressure on future demand and capacity, despite the continued expansion of [...]

China’s investment in US government bonds is fraught with risks, tepid returns and other vulnerabilities – all of which should motivate Beijing to unwind its holdings further and avoid being [...]

China’s revisions to laws governing statistics and accounting to mete out heavier penalties for falsifying data and financial reports include fines of up to 10 times any illegal income for [...]

China should be mindful of risks from overcapacity and prudently formulate industrial policies to guide enterprises amid its push to reorient economic growth and nurture new industries, a former government [...]

With Beijing keen to develop its advanced manufacturing sector while shifting from Washington’s service-centric growth model, a former official has warned against miscategorising what the “virtual economy” really entails. Echoing [...]

Premier Li Qiang promised overseas buyers at China’s major trade fair that Beijing would do its utmost to facilitate international commerce and investments, and also deepen opening-up, despite new external [...]

The sweeping challenges that China is contending with have far exceeded Beijing’s predictions as the economy continues to navigate an “imbalance/disequilibrium”, according to a leading economist who also stressed that [...]

Vice-Premier He Lifeng urged the on-time delivery of properties and financing support for developers at a meeting over the weekend, rallying efforts to revive a sector critical for this year’s [...]

Authorities have designated areas where limits on foreign ­investment for select telecommunications services will be lifted, with the cities of Beijing, Shanghai, Shenzhen and the island province of Hainan acting [...]

A decision by a leading credit rating agency to downgrade China’s sovereign debt outlook failed to foresee the “positive role” of Bei­jing’s fiscal policy mix in promoting economic growth and [...]

China has initiated a new round of inspections on major economic and financial regulators, as well as the big four state-owned banks, marking the latest step in Beijing’s revamp to [...]

Shanghai has inaugurated a data flow service centre in the Lingang free-trade zone, with pledges to adopt internationally recognised standards in a step towards freer cross-border data flows and to [...]

Overcapacity is expected to weigh heavily on Janet Yellen’s week-long trip to China after the US Treasury secretary said yesterday that the issue was not new, but had intensified – [...]

China’s 461 trillion yuan (HK$498.7 trillion) financial industry and its regulatory regime will be heavily prioritised in a broad economic reshuffle ­engendered by the country’s top leadership, with the sector [...]

A select group of China’s state-owned enterprises (SOEs) has been designated as the vanguard of development for emerging and future industries, another step in Beijing’s campaign to break through to [...]

China’s overcapacity in the clean energy sector will be temporary as long as global demand for green transitions holds up, according to two prominent Chinese former economic officials, who said [...]

In China’s era of breakneck growth, there were few better jobs to have than one in finance. During those heady days – when the pursuit of money was exalted above [...]

China’s central bank chief has reaffirmed Beijing’s desire to have more of a say in the international financial system to match its economic prowess, while also calling for a regional [...]

In a trade environment where protectionism and supply-chain decoupling have left them with little other recourse, Chinese firms are being forced to move production to Mexico, and any additional ­containment [...]

China’s first hydrogen-powered passenger train has reportedly hit the normal operating speed of mainstream commuter rail systems – but without any commuters on board. And there is still a long [...]

A senior central bank official yesterday hinted that China would not adopt Western-style quantitative easing, saying Beijing’s mix of liquidity tools and credit allocation was more effective in reflating the [...]

As the world’s second-largest economy is facing a battle against US-led supply chain decoupling and other derisking measures, President Xi Jinping has sent a clear signal of courting foreign investment [...]

In his elevation of artificial ­intelligence (AI) as a key pillar underpinning the country’s ­pursuit of long-term growth, Premier Li Qiang has vowed to cultivate a more tolerant “trial and [...]

President Xi Jinping has called for a more concerted effort to ­transform scientific research into marketable products – one major bottleneck in the advancement of China’s technological capabilities – and [...]

Beijing should be more forthcoming about economic statistics and release data more often to enhance transparency, to reflect the dimensions and diversity of the world’s second-largest economy and address investor [...]

Wang Qishan’s phone was ringing, and the news was grim. When Wang, then vice-­premier of China, answered an emergency call from US Treasury Secretary Henry Paulson in 2008 – the [...]