China’s yuan settlements hit record, and the Iran conflict is looking like a catalyst
Rising demand for yuan settlement amid Middle East tensions is driving record transaction amounts in China’s cross-border payment…
China’s yuan may be going global faster than Western data suggests, analysts say
This could help explain the gap between Beijing’s official narrative – which describes the yuan as the world’s…
‘Iron rice bowl’ vs the algorithm: why China’s economy may better withstand the AI shock
On a day typically considered one of the happiest on the calendar for Chinese workers – the eve…
As Trump urges cap on credit card rates, could China follow suit for online loans?
US President Donald Trump’s call for American credit card interest rates to be capped at 10 per cent…
Fears over China’s trade surplus misplaced as US, Europe also driving trend: analysts
The so-called China Shock 2.0 narrative is incomplete, analysts argued, as they noted that domestic macroeconomic forces in…
Chinese cities face subway delays as Beijing targets wasteful spending, high debt levels
China is tapping the brakes on some subway expansions, including in certain affluent cities, a decision analysts said…
China issues 11-point policy package to boost consumer spending amid slowing retail sales
China has announced a new policy package to boost household spending by tightening coordination between commerce and financial…
What economic cards will China play with Japan? Analysts say Beijing faces a balancing act
Beijing is expected to calibrate its response to Japan with caution, weighing potential punitive measures against the risk…
Is a rumoured US rare earth fund coming too late to catch up with China?
As China consolidates its near-monopoly status in critical minerals and rare earth elements – essential raw materials for…
Beijing to ‘exert strength’ to drive growth; China’s dynamic cities: SCMP daily highlights
Catch up on some of SCMP’s biggest China stories of the day. If you would like to see…