6 h. ago China’s youth jobless rate falls but remains high after record graduation season

China’s urban youth unemployment rate edged lower last month but remained at a concerning level amid ongoing struggles for many young people to find work in a challenging and crowded job market. The jobless rate for the 16 to 24 age group, excluding students, dipped to 17.7 per cent in September from 18.9 per cent in August. Financial news outlet Cailian reported the figure on Wednesday, citing data from the National Bureau of Statistics. The August figure had hit the highest level since the...

Politics

11 h. ago NEC head weighs tariffs on China and Trump’s ‘growth economy’

NEC head weighs tariffs on China and Trump’s ‘growth economy’  Fox Business

Politics

13 h. ago Can Trump’s pragmatism override China hawks to keep ties from rupture?

China’s rocky trade relationship with the United States was on full display this month as US President Donald Trump threatened to impose additional tariffs on Chinese imports. Separately, US Treasury Secretary Scott Bessent denounced China’s move to expand curbs on rare earth exports, calling it “a sign of how weak their economy is”. He also described Li Chenggang, one of China’s trade negotiators, as “pretty unhinged and very aggressive”. Trade ties between the rival powers remain fraught, even...

Politics

17 h. ago Trump must call China's bluff on economic warfare over critical minerals: James Fishback

Trump must call China's bluff on economic warfare over critical minerals: James Fishback  Fox Business

Economics

21 h. ago China’s economic growth hit by higher tariffs and property slump

China’s economic growth hit by higher tariffs and property slump  Los Angeles Times

Economics

21 h. ago China’s Quiet Strategy in Bulgaria: Economic Appeal, Political Constraints

China’s Quiet Strategy in Bulgaria: Economic Appeal, Political Constraints  German Marshall Fund of the United States

Politics

24 h. ago China’s Port Dominance Adds Strategic Leverage to Its Economic Reach

China’s Port Dominance Adds Strategic Leverage to Its Economic Reach  Bloomberg.com

Economics

24 h. ago Donald Trump is copying the wrong things from China, writes Dan Wang

Donald Trump is copying the wrong things from China, writes Dan Wang  The Economist

Politics

27 h. ago Major foreign banks raise China’s GDP forecast, annual target seen as ‘on track’

Several major banks forecast stronger economic growth for China this year, buoyed by third-quarter data showing slightly better-than-expected expansion despite domestic and external headwinds. Investment bank Goldman Sachs raised its full-year gross domestic product forecast for 2025 from 4.8 per cent to 4.9 per cent, noting that the government’s target of “around 5 per cent” remains “largely on track”. The bank also revised its estimate for 2026, up slightly from 4.2 per cent to 4.3 per cent,...

Events

27 h. ago Overseas banks raise China GDP forecasts, say Beijing ‘on track’ for 2025 target

Several major banks forecast stronger economic growth for China this year, buoyed by third-quarter data showing slightly better-than-expected expansion despite domestic and external headwinds. Investment bank Goldman Sachs raised its full-year gross domestic product forecast for 2025 from 4.8 per cent to 4.9 per cent, noting that the government’s target of “around 5 per cent” remains “largely on track”. The bank also revised its estimate for 2026, up slightly from 4.2 per cent to 4.3 per cent,...

Events

29 h. ago At China’s Canton Fair, exporters sense a warming trend in yuan settlements

At the ongoing autumn edition of the Canton Fair in Guangzhou – China’s oldest and largest trade exhibition – Chinese exporters are noticing a quietly spreading shift: an increasing number of overseas clients, particularly from emerging markets such as Southeast Asia, Central Asia and Africa, are proactively proposing to settle trade orders in yuan. Wang Lilin, sales director at diesel generator manufacturer Keypower, said the company had seen a clear rise in yuan settlements over the past two...

Events

30 h. ago China's economy is struggling, but its homegrown companies are dominating abroad, Goldman Sachs says

China's economy is struggling, but its homegrown companies are dominating abroad, Goldman Sachs says  businessinsider.com

Politics

32 h. ago What is ‘winology’, the new theory about unfair Western views of China?

China’s economic and technological advances are being unfairly dismissed in the United States and other parts of the West as a result of hierarchical thinking, according to a theory dubbed “winology” that is taking hold among some online commentators. The term winology was coined by Chinese academics and refers to ways in which countries can both become a global leader in certain areas and be recognised as such. However, the theory argues that the West relegates China to the lowest tier of a...

Politics

43 h. ago China's economic growth slows, even as it wins the trade war

China's economic growth slows, even as it wins the trade war  qz.com

Economics

43 h. ago Wall Street and FTSE rise after AWS outage and as China’s economic growth hits one

Wall Street and FTSE rise after AWS outage and as China’s economic growth hits one-year low  Yahoo

Economics

44 h. ago China’s rare earth magnet exports to US plunge 29% as tensions simmer

The decline in China’s exports of rare earth magnets to the United States accelerated in September – a period predating Beijing’s expansion of controls over the flow of the critical minerals – an indication the prized items remain a major battleground in the ongoing trade war between the world’s two largest economies. China’s total exports to the US of the permanent magnets – essential components in manufacturing for several hi-tech industries, including electric vehicles and defence – reached...

Events

45 h. ago LIVE: Wall Street and FTSE rise after AWS outage and as China’s economic growth hits one

LIVE: Wall Street and FTSE rise after AWS outage and as China’s economic growth hits one-year low  Yahoo

Economics

45 h. ago China doubles GenAI users, PLA ship near disputed shoal: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. China reports 4.8% quarterly GDP growth, moving closer to annual target China’s economy grew 4.8 per cent year on year in the third quarter of 2025, keeping the country largely on track to achieve its full-year target, but analysts said further policy support is still needed to maintain this stable trajectory and improve domestic demand. 2. China’s...

Politics

46 h. ago China’s soybean imports surge as orders to US hit zero and American farmers fret

China imported no soybeans from the United States in September, but total imports remained at high levels amid a recent escalation in the US-China trade war, the latest Chinese customs data showed. Last month, the world’s largest food buyer purchased 12.8 million tonnes of soybeans – a crop heavily reliant on imports for its livestock industry – with a notable surge from Argentina during a brief suspension of export taxes, according to the detailed customs data released on Monday. The absence of...

Events

46 h. ago ‘Act of defiance’: China’s crude oil imports from Russia rise despite US pressure

Russia remained China’s top crude oil supplier in September, at a time when the United States is stepping up pressure on major economies to curb their reliance on energy from the Eurasian country. Imports from Russia rose 4.3 per cent in volume from August to 8.29 million tonnes in September, accounting for 17.5 per cent of China’s total crude imports, customs data showed – a sign of Beijing’s willingness to maintain trade links with Moscow despite geopolitical frictions. Chinese purchases of US...

Events