Economic reform

An electronic ticker displays stock figures in Pudong's Lujiazui Financial District in Shanghai, China, on 29 January 2024. (Raul Ariano/Bloomberg)

Can China’s ailing stock market turn the tide after the Chinese New Year?

Government intervention has seemingly given investors some respite amid the tumbling stock market. However, can the upward trend continue past the Chinese New Year? Lianhe Zaobao correspondent Yang Danxu looks into the matter.
An electronic board shows Shanghai and Shenzhen stock indices at the Lujiazui financial district in Shanghai, China, 17 March 2023. (Aly Song/Reuters)

Can public opinion boost China’s economy?

Lianhe Zaobao correspondent Yang Danxu looks at the outcomes of the Central Economic Work Conference held earlier this week, in particular the call to highlight China’s economic prospects. Amid a still-struggling economy, high-level officials are pulling all the stops to boost the public’s confidence in economic recovery.
Pedestrians at a crossing in the Zhujiang New Town area in Guangzhou, China, on 16 November 2023. (Qilai Shen/Bloomberg)

[Big read] Invest or leave: Foreign firms adjusting to China's changing investment climate

Lianhe Zaobao correspondent Chen Jing notes that as China’s economic and business policies shift and change, foreign companies are finding it difficult to decide whether to stay in China or pull out, given the challenges in meeting new regulations and requirements. But there are others who see opportunities.
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.
People dine near a screen broadcasting obituary of China's former Premier Li Keqiang during the evening news, following his death, at a restaurant in Beijing, China, on 27 October 2023. (Tingshu Wang/Reuters)

China’s reform and opening up in dire straits after passing of Li Keqiang?

Later generations of Chinese may take reform and opening up for granted, but this key national policy and strategy was in fact hard fought by an earlier generation of leaders such as the late former Premier Li Keqiang. With great outpourings of grief seen after Li's demise, are the Chinese people learning something about cherishing something only after it's gone?
In this picture taken on 30 August 2023, workers assemble a motorbike at the Northstar Precision Vietnam factory in Vinh Phuc province.  (Nhac Nguyen/AFP)

The global south's rare development opportunity as big countries de-risk

EAI academic Chen Gang notes that although the Chinese authorities are against the Western notion of “de-risking”, it has itself taken steps to de-risk, with ASEAN overtaking Europe and the US as China’s largest trade partner. As major countries are gaining ground in their de-risking strategies, the global south is set to benefit.
A woman walks past a billboard showing Chinese President Xi Jinping with a slogan which reads "Remain true to our original aspiration and keep our mission firmly in mind" in Beijing on 28 February 2023. (Jade Gao/AFP)

Possible reforms to security agencies expose CCP's anxiety over external and internal risks

The 20th Party Congress set the direction for the Chinese Communist Party, but it is the upcoming Two Sessions that measures will be discussed and put into action. The highlight is the likely reforms to national security agencies, as well as finance and other sectors.
China's Vice-Premier Liu He addresses the World Economic Forum (WEF), in Davos, Switzerland, 17 January 2023. (Arnd Wiegmann/Reuters)

China can still shine if it acts on Vice-Premier Liu He's Davos advice

At this year’s Davos forum, Chinese Vice-Premier Liu He laid out five points that have led to China’s success so far. However, his session did not see a packed crowd, while China’s claims of sticking to reform and opening up seem less than convincing when taken against its actions. Commentator Jin Jian Guo delves into the importance of staying the course.
The Gateway of India in Mumbai, India, on 7 January 2023. (Dhiraj Singh/Bloomberg)

India could drive the next big change in the global economy, just as China did

India holds the prospect of driving the biggest change in the global economy in the next quarter century just as China did in the previous one, says economic professor Arvind Panagariya. India has several factors in its favour, but it must also push ahead with its reform agenda and open its economy wider to friendly countries through free trade agreements to make the best of its time in the sun.