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China economy

China scouts Hungary to power EV battery production and sell to wider, warier EU

by Walter Watson
China scouts Hungary to power EV battery production and sell to wider, warier EU

Xinwanda Electronics, also of China, is investing about 1.9 billion yuan (US$262.9 million) in Hungary for an EV battery factory. Hungary does offer advantages as an EU member … but …

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China’s local governments swap debt for data as pressure builds to relieve burdens

by Anas Siddiqui
China’s local governments swap debt for data as pressure builds to relieve burdens

Last year, China approved an updated set of accounting rules that allows companies to include data resources as either “intangible assets” or “inventories” in their financial statements. 08:36 A vanishing …

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China’s overcapacity dilemma solvable with ‘painful’ industrial revamp, scholars say

by Anas Siddiqui
China’s overcapacity dilemma solvable with ‘painful’ industrial revamp, scholars say

China should accept the “painful restructuring” of some industries to ease overcapacity concerns, as inaction may hamper the country’s economic recovery and motivate the US and Europe to ramp up …

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China-West divide threatens ‘reversal’ for global economy, IMF official warns

by Walter Watson
China-West divide threatens ‘reversal’ for global economy, IMF official warns

Her remarks come at a time of increased geopolitical uncertainty over a number of challenges, most notably an escalating rivalry between the US and China and the war in Ukraine. …

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China’s belt and road, once a hotspot for European investment, is getting the cold shoulder

by Walter Watson
China’s belt and road, once a hotspot for European investment, is getting the cold shoulder

More Chinese investment is on the way, he said. “China is on the radar”. 02:09 China-owned shipping giant gets toehold in German port with controversial deal China-owned shipping giant gets …

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Opinion | Suddenly, the US bull market isn’t looking so great

by Walter Watson
Opinion | Suddenly, the US bull market isn’t looking so great

I am not alone in this view. My former Far Eastern Economic Review colleague Christopher Wood (now the global head of equity strategy at investment bank Jefferies) observed in a …

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China wants ‘patient capital’ to fund its tech drive. Will slow and steady win the race?

by Anas Siddiqui
China wants ‘patient capital’ to fund its tech drive. Will slow and steady win the race?

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 …

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China has yet to join the ‘rich country’ club. Has the middle-income trap been sprung?

by Walter Watson
China has yet to join the ‘rich country’ club. Has the middle-income trap been sprung?

In comparison, in 2021, it was just US$100 away by the World Bank’s criterion – a per-capita GNI of US$12,551 compared to the US$12,695 requirement that year. China stands at …

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China’s exports to Mexico are getting heavier tariffs – is it a sign of more to come?

by Walter Watson
China’s exports to Mexico are getting heavier tariffs – is it a sign of more to come?

New tariffs from Mexico could be an ill omen for Chinese exporters as global supply chains shift, with the Latin American country looking to balance its economic interests against pressures …

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China’s ‘extreme’ national security focus a drag on business, US trade group says

by Anas Siddiqui
China’s ‘extreme’ national security focus a drag on business, US trade group says

China should dial down its “extreme” emphasis on national security and keep foreign companies in mind when crafting industrial policy to give them the incentive to expand their presence in …

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