South China Morning Post - China Economy

China’s central bank chief has said exchange-rate adjustments alone cannot resolve global economic imbalances, calling on surplus and deficit economies to share responsibility for addressing them. Speaking at the third G20 finance ministers and central bank governors’ meeting in Bangkok on Thursday, Pan Gongsheng, governor of the People’s Bank of China (PBOC), called for a “more...

Beijing has enlisted the support of its top internet watchdog to deepen the investigation into a car safety issue that put Chinese-made intelligent vehicles under the spotlight. The Ministry of Industry and Information Technology (MIIT) said on Thursday that a joint investigation team including officials from the Cyberspace Administration of China (CAC) and the State Administrat...

Indonesian officials, beset by poverty issues and eyeing the rise of rural economies in China, are turning to Beijing for help that may include stoking the exports of a potentially lucrative durian crop. Indonesian Transmigration Minister Muhammad Iftitah Sulaiman Suryanagara began a seven-day visit to China on Monday, with Indonesia’s state-owned Antara news agency saying consu...

Heavy reliance on imported soy feed in China’s massive pork industry puts affordable protein supply for its 1.4 billion people at risk amid rising regional conflicts and climate change, a new study has warned. The nation, which relies largely on pork for its protein intake, was “exposed” to risks in access to this essential macronutrient, according to the Protein Sovereignty Ind...

Talk of global decoupling from China has persisted for years, as has speculation that emerging economies such as India and Vietnam could soon replace it as the “world’s factory”. But for Indian hardware engineer Neeraj Arora, the growth of India’s electronics manufacturing industry has not eliminated the need to source components from China. Instead, it has changed the nature of...