Trump's treasury secretary holds first talks with China vice premier
WASHINGTON -- U.S. Treasury Secretary Scott Bessent had an introductory call with Chinese Vice Premier He Lifeng on Friday, marking the first engagement between the two top economic officials. He, a ...
South Korea's Export Momentum Falters Amidst Trump Tariff Fears
South Korea's exports have weakened significantly so far in February, signaling a potential downturn for the country's economy, as reported by Bloomberg. This comes as the nation faces political turmoil and uncertainty surrounding the impact of tariffs imposed by US President Donald Trump.Data released on
Chinese universities launch DeepSeek courses to capitalise on AI boom
Universities across China have launched artificial intelligence (AI) courses this month based on Chinese AI startup DeepSeek, whose AI breakthrough has been described as a "Sputnik moment" for China ...
China facing more challenges than rest of Asia in reaching Trump tariff deal, analysts say
China could find it more difficult than other Asian economies to reach a deal with the US over tariffs, Morgan Stanley analysts said in a report that outlined possible avenues for progress. The team ...
Chinese commerce minister calls for dialogue with new US counterpart
Commerce Minister Wang Wentao expressed China’s strong dissatisfaction on Wednesday over the United States’ 10 per cent additional tariff on Chinese goods, warning that the unilateral move had damaged ...
China's central bank pledges financial support for private economy
China's central bank vowed on Thursday to provide strong financial support for the healthy development of private economy and the growth of private enterprises.
China’s ports adopt DeepSeek AI model to streamline operations, protect data
The domestic tech success story is already seeing practical application in several of China’s busiest harbours.
The Chinese market’s second wind
Chinese equities are back in the conversation. Though they dominated headlines in October, after the Chinese government sparked a rally with promises of fiscal stimulus, investors lost interest when ...
China to welcome foreign investment in more sectors of economy
Government wants foreign investment to ‘serve the high-quality development’ of country’s manufacturing industry.
China’s state-owned enterprises pledge to shore up country’s economic growth in 2025
Local state-owned enterprises plan to focus on supporting the national economy and streamlining their operations.
China pledges to protect private businesses from illegal investigations, economic crime
After the country’s president met tech bosses, top prosecutors say they will ‘resolutely’ fight economic crime, defamation amid sluggish domestic economic recovery.
Investors went on January emerging market buying spree, report shows
Investors piled into emerging market countries' debt to the tune of $45 billion and bought up $2 billion of Chinese stocks in January, a closely followed report from the Institute of International ...
Thailand's central bank and government must work together, PM says
Thailand's government will push for 3.5% economic growth this year and will seek to work closer with the central bank to support small businesses, Prime Minister Paetongtarn Shinawatra said on Tuesday ...
Tariffs, AI potential and cautious optimism on China: Southeast Asia weighs path ahead
Asean must grow its global links and stand together to mitigate effects of external shocks, say panel speakers at ‘China Conference: Southeast Asia 2025’.
Morning Bid: RBA poised, China tech booms, Japan GDP sizzles
The UK Supreme Court on Monday rejected a move by finance minister Rachel Reeves to intervene in a landmark case on car loan mis-selling, sending shares in lenders Close Brothers and Lloyds Banking ...
Singapore's January Exports Unexpectedly Fall 2.1%
Singapore's non-oil domestic exports unexpectedly fell 2.1% year-on-year in January, defying forecasts and ending December's strong growth streak, reports Reuters.The decline, revealed in data released Monday, is greater than the 1.1% drop predicted by a Reuters poll and contrasts sharply with the 9.
China January bank lending hits record high on policy stimulus
New bank loans in China surged more than expected to a record high in January as the central bank moved to shore up a patchy economic recovery, reinforcing expectations for more stimulus in coming ...
China's foreign investment tanks 99% in 3 years amid economic slowdown
BEIJING -- Foreign direct investment in China plunged 99% over the past three years, Chinese government data shows, as an economic slowdown and concerns about an intensifying anti-spying campaign ...
Japan’s China investment drops 60% in 10 years as firms rethink strategies
Geopolitical considerations and intense competition from domestic firms have led Japanese companies to move their China investments elsewhere.
With DeepSeek, China’s economic growth suddenly seems tied to AI
Tech innovation has rapidly become key to boosting labour productivity that will be necessary to sustain China’s economic momentum.
China-Russia pipeline plan, Trump-Ishiba talks: SCMP daily highlights
From the alliance between Tokyo and Washington to a deserted ‘iPhone City’, here’s a round-up from today’s China and economy coverage.
With DeepSeek, China’s economic growth suddenly seems intrinsically tied to AI
Tech innovation has rapidly become key to boosting labour productivity that will be necessary to sustain China’s economic momentum.
China’s Plateauing Fuel Use Is Without Precedent, IEA Says
A slowdown in the growth of China’s fuel use is without precedent for a country at its stage of economic development, the International Energy Agency said.
US-China military space race, Taiwan’s DeepSeek ban: SCMP daily highlights
From Beijing slamming Taipei’s DeepSeek ban to Chinese GPUs outdoing Nvidia chips, here’s a round-up from today’s China and economy coverage.
Cook Islands prime minister discusses marine, climate and economics in China visit
Cook Islands' Prime Minister Mark Brown said on Thursday he had held discussions with institutions on marine science, climate resilience and economic cooperation so far during a trip to China that has ...
Hong Kong stocks hit 4-month high as DeepSeek-driven revaluation takes hold
Hong Kong stocks rose on Wednesday, lifting the benchmark index to its highest level in four months, as the hype over DeepSeek continued to drive sentiment. The Hang Seng Index jumped 2 per cent to 21 ...
China's sluggish economy could hinder negotiations on Trump tariffs
China on Monday imposed additional tariffs of 15% on American coal and liquefied natural gas (LNG) along with a 10% duty on crude oil, retaliating against tariffs imposed by U.S. President Donald ...
FirstFT: China’s tariffs on $14bn worth of US goods take effect
China’s retaliatory tariffs on the US have gone into effect, hitting about $14bn worth of goods and dashing hopes that a trade war between the world’s two largest economies could be avoided.