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President Xi Jinping

Chinese nationals in Philippine Coast Guard, twin sisters reunite: SCMP’s 7 highlights of the week

by Walter Watson
Chinese nationals in Philippine Coast Guard, twin sisters reunite: SCMP’s 7 highlights of the week

A research team in China says it has discovered a potentially fatal flaw in Nasa’s hypersonic aerodynamics software. This small deficiency amid tangled equations could lead to “inevitably erroneous outcomes” …

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Climate change: China drives increase in global coal-fired power capacity amid building boom, slow retirement, study says

by Anas Siddiqui
Climate change: China drives increase in global coal-fired power capacity amid building boom, slow retirement, study says

China drove a global surge in new coal-fired power plants last year, building and approving capacity at a rate not seen in nine years despite the country’s promise to “strictly …

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China scraps ownership caps on some telecoms services, courting foreign capital resurgence

by Anas Siddiqui
China scraps ownership caps on some telecoms services, courting foreign capital resurgence

China has 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 …

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China creating ‘unfair competition’ for foreign players, German firms say in survey

by Walter Watson
China creating ‘unfair competition’ for foreign players, German firms say in survey

German businesses in China have reiterated their calls for a level playing field, with two-thirds of those surveyed seeing themselves in “unfair competition” when operating there – findings which add …

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China pledges US$69 billion in credit backing for tech after resurrecting dormant financial tools

by Anas Siddiqui
China pledges US billion in credit backing for tech after resurrecting dormant financial tools

The refinancing will cover 60 per cent of the principal for qualifying loans to tech-based small and medium-sized enterprises, and can be extended twice for an additional year each time, …

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China’s Communist Party finance organ draws institutional road map for sector

by Anas Siddiqui
China’s Communist Party finance organ draws institutional road map for sector

China’s 461-trillion-yuan (US$63.7 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 remoulded to …

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Zhang Kun, China’s biggest money manager, issues stock valuation warning, says days of fast economic growth are gone

by Anas Siddiqui
Zhang Kun, China’s biggest money manager, issues stock valuation warning, says days of fast economic growth are gone

Investors should exercise more caution when it comes to the valuations of Chinese stocks, as corporate earnings growth is set to slow because of Beijing’s pursuit of high-quality economic growth, …

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‘Worrying malaise’: China’s economic and social fortunes rest on its youth, but they are lying flat and ‘letting it rot’

by Ron Morgan
‘Worrying malaise’: China’s economic and social fortunes rest on its youth, but they are lying flat and ‘letting it rot’

Like millions of young people in China, Song was diligent and studied hard for years. She succeeded in China’s tough university entrance exam but, like many of her peers, has …

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Former Australia PM Scott Morrison says China can be a democracy; Chinese people ‘care just as much about freedom as we do’

by Walter Watson
Former Australia PM Scott Morrison says China can be a democracy; Chinese people ‘care just as much about freedom as we do’

Former Australian Prime Minister Scott Morrison has dismissed the idea that China is unable to become a multiparty democracy, saying there is no “anti-democratic” instinct in the Chinese people. Morrison, …

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China’s central bank keeps ‘cautious’ in bond trade despite Xi Jinping’s mandate

by Anas Siddiqui
China’s central bank keeps ‘cautious’ in bond trade despite Xi Jinping’s mandate

Despite instructions from President Xi Jinping to resume the trading of central government bonds, China’s central bank is expected to take a cautious approach to mitigate unexpected consequences for inflation …

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