South China Morning Post - Global Economy

When President Xi Jinping travels to Washington later this month, he is likely to hop over the Pacific on a Boeing 747 jumbo jet. He will also hold the fate of the American planemaker’s much-touted China deal in his hands. Beijing agreed to purchase 200 Boeing aircraft during US President Donald Trump’s visit to China in May. But the deal has yet to materialise – and the negotia...

Chinese firms have shown “very strong interest” in investing in Oman – across the Strait of Hormuz from Iran – as they aim to tap the lucrative Middle East market while minimising risks, an Omani official said. Banks, asset managers and law firms from China were getting in touch every day to ask about setting up in the International Financial Centre Oman, a free-standing legal z...

When I began planning a work trip to Astana this month, the first challenge was simply finding a flight. With no direct service from Hong Kong to the Kazakh capital, I could transfer in Guangzhou, Beijing, Urumqi or Seoul. I chose Guangzhou, which offered a direct flight lasting about seven and a half hours, but the limited schedule meant there was no flight on Saturday, forcing...

China is showing early signs of stepping up imports of crude oil after months of subdued buying amid the US-Israel war on Iran, threatening to erode a buffer that has helped prevent a larger surge in global oil prices. But analysts do not expect China to quickly return to its pre-war import levels, as elevated crude prices could squeeze margins for Chinese refineries and the cou...

President Xi Jinping is scheduled to sit down with US President Donald Trump in Washington next week, and their planned summit looks to be closely watched as an indicator of the current state of ties between the world’s two largest economies. Economic issues appear poised to drive the agenda again, as they did when Trump travelled to Beijing in May with more than a dozen top Ame...