Even though policymakers in Beijing may be putting up a sanguine show, not all is well with China’s economy. Its latest official data reveals that prices in China fell 0.7% from a year earlier in February, marking the first time in more than a year that the economy is in the grip of deflation. Also…
Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. China’s imports, exports cool as US tariffs cast chill over trade China’s export growth slowed in the first two months of 2025 compared to the end of 2024, a…
The year was 1993. Chinese cargo ship Yinhe, sailing across the Indian Ocean, found its GPS equipment jammed, which depended on the US global satellite navigation system. Soon enough, US Navy ships appeared and wanted to search the vessel. Why? Because Washington suspected it was carrying chemical weapon materials for Iran. After a humiliating three-week…
Beijing: China said Thursday it would launch a probe into US exports of chips used in everything from cars to home appliances over concerns about alleged dumping and subsidies. Washington has expanded its efforts in recent years to curb exports of state-of-the-art chips to China, concerned that these can be used to advance Beijing’s military…
China should proactively engage with Donald Trump early in his second presidency, but must be prepared for a “hard bargain” and to “shoot back” if need be, a noted Chinese academic and policy adviser has said. “This is going to be a [US] government that only one person governs, and that is Donald Trump ……
President Xi Jinping has urged Washington to exercise “extreme caution” in handling matters related to Taiwan and avoid fanning “provocative actions” in the South China Sea, according to Beijing’s foreign ministry. The ministry on Sunday released an online statement on the talks between Xi and outgoing US President Joe Biden on the sidelines of the…
China has approved 113 innovative drugs since its 14th five-year plan began in 2021, according to data shared at a forum in Shanghai on the development of the domestic medicine industry. The number of approvals already marked an increase of nearly three times over the previous five-year plan, and had reached a market scale of…
BEIJING — China’s outbound shipments grew at the fastest pace in over two years in October as factories rushed inventory to major export markets in anticipation of further tariffs from the U.S. and the European Union, as the threat of a two-front trade war looms. With Donald Trump being elected as the next U.S. president,…
Chinese President Xi Jinping Tingshu Wang – Pool/Getty Images Few world leaders will be happier to see the back of 2024 than China’s Xi Jinping. To say this year hasn’t gone well for Asia’s biggest economy is an understatement of historic proportions. The economy is limping out of 2024, hobbled by a deepening property crisis,…
This is the latest instalment in a feature series reflecting on instances of East meets West in world cinema, including China-US co-productions. In the mid-1980s, Jackie Chan was one of the biggest stars in Asia. But while his films regularly topped the Hong Kong box office, he just could not crack America. After the disappointments…