Economy

Passengers wait for trains at Hongqiao Railway Station in Shanghai on 29 September 2023. (Rebecca Bailey/AFP)

Will China's economy 'collapse' again?

Despite speculations about the decline of China’s economy, Chinese academic Han Heyuan says that history has shown that such contrarian sentiments have been proven wrong time and again, for example in the case of the US, Japan and even China during the turn of the century.
Wind turbines are pictured near Heide, Germany, on 11 September 2023. (Daniel Roland/AFP)

Can the EU and China navigate their dispute over critical raw materials and clean energy technologies?

In the ever-evolving landscape of global geopolitics, worsening climate change impacts and the need to accelerate the clean energy transition, the contest for critical raw materials and renewable energy technologies has emerged as a focal point of contention between the European Union (EU) and China. The upcoming EU-China summit in Beijing on 5 and 6 December offers an opportunity to address their disagreements.
A worker walks past a housing complex under construction by Chinese property developer Evergrande in Wuhan, Hubei province, China, on 28 September 2023. (AFP)

Rethinking China’s property market meltdown

The market for Chinese developers’ dollar-denominated bonds has seen a meltdown over the past two years, losing 87% of its value, sparking renewed calls for a fresh approach to stimulating the property market.
Coins and banknotes of China's RMB are seen in this illustration picture taken on 24 February 2022. (Florence Lo/Illustration/Reuters)

China's capital flight: International investors’ journey (back) to the West

Facing the threat of investment flight, China can seek to assuage fears with incentives, but in the long term, it would need to transform itself from a government-directed investment-driven economic growth model to a more balanced growth model from private sector investment and domestic consumption.
Supporters await the arrival of Chinese President Xi Jinping in San Francisco, California, US, on 14 November 2023. (Jason Henry/AFP)

How changes in China's investment environment will impact the world

Japanese academic Toshiya Tsugami analyses China's recent trade and investment flows amid US-China rivalry, highlighting the EV and semiconductor sectors which have become key battlegrounds in the competition between China and the West. How will development plans for the Chinese market and the global business environment be affected?
The EX Future and Science Museum in Dalian.

Can northeast China revitalise its economy with robotic AI and green energy?

Dalian in China’s Liaoning province is not the first place one would think of in relation to the tech industry, but northeast China — despite the gap in its development compared to other parts of China — hopes to ride the wave of tech development, such as in the area of robotics.
A person walks past a sign of the Third Belt and Road Forum ahead of its opening ceremony, at the media centre in Beijing, China, on 18 October 2023. (Tingshu Wang/Reuters)

China's ten-year BRI faces questions and challenges

As China's Belt and Road Initiative marks its tenth year, Japanese academic Shin Kawashima takes a look at how the BRI has progressed, its overall impact on the countries where it has been implemented, as well as the challenges it faces in the road ahead.
A person walks past a JD.com advertisement promoting the Singles' Day shopping festival, at a subway station in Beijing, China, on 26 October 2023. (Tingshu Wang/Reuters)

China's weak domestic demand drags down Singles’ Day sales

Singles’ Day is known as the sales day of the year, but this year the buzz seems to have gone out of it, as people are choosing not to spend as much as before. As the event marks its 15th year, the general vibe is no longer excitement, but fatigue. Lianhe Zaobao correspondent Chen Jing tells us more.
Rare earth oxide samples are seen at mining company VTRE in Hanoi, Vietnam, on 7 September 2023. (Francesco Guarascio/Reuters)

Vietnam’s rare earth ambitions: Economic and strategic drivers

Vietnam is seeking to develop its rare earth industry at a time when global demand for such minerals is increasing. Its motivations are not merely economic, but also strategic.