This Month
Inside China’s vicious deflationary cycle
Despair at the faltering economy has rippled throughout China’s major cities and out into its regions.
- Jessica Sier
- Analysis
- China
Bad news for Australia: China’s steel crisis is set to deepen
Prices are tumbling, profits are dwindling, and there’s little relief on offer from a government focused on retooling China’s economy for the long term.
- Updated
- Hallie Gu
China’s exports slow in warning sign for economy
Exports rose 7 per cent in July in dollar terms from a year earlier, falling short of economists’ median forecast of a 9.5 per cent gain.
- Yujing Liu
July
China insists the world needs more EVs despite looming trade war
Beijing says Chinese manufacturers are helping the world fight climate change, rejecting US and European criticism of flooding the market with cheap cars.
- Updated
- Jana Randow
Luxury brands hit hard in China slowdown fear worse to come
Executives at European luxury brands including LVMH, Burberry and Hugo Boss may hope this is a blip, but it’s not clear how China will turn things around.
- Kit Rees and Verena Sepp
China’s GDP miss set to boost stimulus calls from Third Plenum
China-watchers and investors are doubtful the Third Plenum policy gathering in Beijing will throw up any comprehensive reform.
- Jessica Sier
China’s consumer price growth weakens ahead of key summit
Factory deflation eases but Beijing’s reliance on exports and industrial output is stoking trade tensions.
- Ryan McMorrow
Why Britain’s new PM could hold the key to Jimmy Lai’s freedom
Keir Starmer cut his teeth as a barrister at the same firm as Australian human rights lawyer Jennifer Robinson, who is fighting for the release of Hong Kong mogul Jimmy Lai.
- Gus McCubbing and Hannah Wootton
June
China charges defence ministers in military anti-graft purge
The two generals were accused of taking huge bribes and of corruption that reached into the armaments sector, as China hinted that more heads could roll.
- Chris Buckley
- Opinion
- Opinion
China’s banks feel the sting as problem loans mount
China’s deepening housing market crisis is eroding the balance sheets of the country’s largest state banks.
- Karen Maley
China output growth slows, but consumers provide bright spot
Retail sales, a key metric of consumer spending, rose in May, but industrial production lagged, in mixed data for the world’s second-largest economy.
- Jessica Sier
China’s broken housing market and a generation ‘lying flat’
While wallets were open at last weekend’s national Dragon Boat Festival, Chinese consumers are still not spending enough to get the economy out of its housing hole.
- Jessica Sier
May
China’s army tests gun-toting robot dog
The new military tech was made by a start-up with funding from major venture capital firms.
- Ryan McMorrow
IMF lifts China growth forecast but warns on trade war
The International Monetary Fund said it was raising its forecast for the country’s gross domestic product growth in 2024 to 5 per cent from 4.6 per cent.
- Haslinda Amin
China’s online ‘Kim Kardashian’ banned for being too ostentatious
The online disappearance last week of Wang Hongquanxing is part of the government’s latest campaign to maintain its dominance over China’s social media culture.
- Joe Leahy and Wenjie Ding
China’s curse is to raise hopes and dash them
In her book “Wild Ride”, an American journalist details her life in China as it opened to the world, then regressed back to an oppressive, inward-looking regime.
- Anne Stevenson-Yang
PwC braces for China crisis and a hefty fine
PwC’s role in approving accounts for troubled property developer Evergrande has led to infighting at the big four firm as clients reconsider their relationship.
- Stephen Foley, Sun Yu and Cheng Leng
- Opinion
- Opinion
Two massive things happened while we were watching the budget
Two big overseas developments will be much more crucial in determining our economic prosperity than last week’s budget. The first is Beijing finally taking steps to address the bursting of the country’s property bubble.
- Karen Maley
China unveils dramatic steps to rescue property market
China announced a slate of measures aimed at reinvigorating its ailing property industry and stabilising growth in the world’s second-largest economy.
- Updated
- Amanda Wang
Time to fix budget’s structural deficit: accountants
Accounting bodies say the federal budget should have done more to deliver substantive tax reform and a plan for implementation. Here’s how the day unfolded.
- Updated
- Gus McCubbing
