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Chinese economy

Opinion | China’s third plenum shows its reform era has entered a new phase

by Walter Watson
Opinion | China’s third plenum shows its reform era has entered a new phase

China’s economic system is founded on the reforms carried out in the 1990s. With the unification of dual exchange rates in 1994, markets became the main tool to set prices. …

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Opinion | Contain China? Washington, that ship has sailed

by Walter Watson
Opinion | Contain China? Washington, that ship has sailed

But this presumption is based on a false premise. Today’s China bears little resemblance to the 1980s-era Soviet Union, which suffered from having a flawed governing ideology and an economic …

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Chinese economy: China set to post slowing growth on housing, consumption woes

by Ron Morgan
Chinese economy: China set to post slowing growth on housing, consumption woes

China’s economy is expected to have slowed in the first three months of the year as it continues to be buffeted by a debilitating property sector crisis and flagging consumer …

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Cheap Chinese goods have become a double-edged sword for South Korea’s economy

by Walter Watson
Cheap Chinese goods have become a double-edged sword for South Korea’s economy

Cheap Chinese goods are flooding into South Korea amid the growing presence of Chinese e-commerce platforms, creating both favourable and unfavourable circumstances for the South Korean economy as it tries …

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Agricultural Bank of China, China Construction Bank, BOC and Postal Savings Bank of China post earnings growth amid ‘positive signs of recovery’ in economy

by Anas Siddiqui
Agricultural Bank of China, China Construction Bank, BOC and Postal Savings Bank of China post earnings growth amid ‘positive signs of recovery’ in economy

“In 2024, we will adhere to the general principle of pursuing progress while maintaining stability, and will act as a major bank serving the real economy and as a cornerstone …

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Does a US$1.75 trillion bounce in Chinese stocks mean the market’s long march to recovery has begun?

by Anas Siddiqui
Does a US.75 trillion bounce in Chinese stocks mean the market’s long march to recovery has begun?

“There are more clients coming back to look at the China market and asking us about market views,” Liu Minyue, an investment specialist at BNP Paribas Asset Management in Hong …

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China confirms Vice-Premier He Lifeng as head of new Communist Party finance body aimed at stronger control over sector

by Ron Morgan
China confirms Vice-Premier He Lifeng as head of new Communist Party finance body aimed at stronger control over sector

Beijing confirmed a new role for Vice-Premier He Lifeng as head of a new Communist Party organisation on financial work as China’s ruling party seeks to strengthen control over the …

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