South China Morning Post - China Economy

China’s most profitable brokerage, and until recently its largest by assets, has become the first mainland securities firm to enter the A-category under Fitch Ratings’ framework, a milestone in China’s efforts to build globally competitive investment banks. Fitch, one of the world’s three major ratings agencies, assigned an A-minus long-term issuer default rating with a “stable”...

Blockbuster initial public offerings from tech champions such as Anthropic and SpaceX are about to fundamentally reshape global capital markets. This wave will redirect capital flows and alter valuations across the tech sector. As competition intensifies, investors worldwide will be forced to completely rethink where future returns will come from. For China, the rise of these co...

China plans to expand tourist trains and rail services in its latest effort to boost consumer spending, as it seeks to tap the growing popularity of its high-speed rail network among international visitors. The extensive network links the country’s vast regions and already serves as the primary mode of transport for domestic travellers. As international tourist arrivals rise – s...

China’s central bank has described the country’s markets as a haven for diversified allocation amid geopolitical tension and market volatility, as the authorities proceed with an ambitious plan to increase foreign participation in domestic capital markets and promote the overseas use of the yuan. “China’s financial market depth and breadth provide important opportunities for ove...

Shocked by China’s surge in electric vehicles (EVs) following the pandemic, European politicians have since pushed Chinese carmakers to set up joint ventures on the continent and transfer technology to their Western peers. The demand is so familiar it has been coined “Reverse Deng Xiaoping”, echoing what Beijing required of European carmakers decades ago. But one industry vetera...