Follow South China Morning Post - China Economy, filter it, and define how you want to receive the news (via Email, RSS, Telegram, WhatsApp etc.) https://follow.it/scmp325 Sun, 03 Dec 2023 15:12:20 +0200 https://api.follow.it/track-rss-story-click/v3/psmVPsukxLB9C4bJGkbSv5VjH6qdYdAk Proposals from central bank adviser and former Chongqing mayor include further relaxing urban permit system for better access to public services, and buying up surplus flats for affordable housing.]]> Sun, 03 Dec 2023 11:00:42 +0200 https://api.follow.it/track-rss-story-click/v3/psmVPsukxLB9C4bJGkbSv5VjH6qdYdAk https://api.follow.it/track-rss-story-click/v3/psmVPsukxLDMW9z0eCpPgSlmFkX7M1Jw A rapid expansion of part-time workers is weighing heavily on a Chinese county’s already-strained fiscal budget at a time when local-level debt has become an outsized concern across the country.]]> Sat, 02 Dec 2023 01:00:09 +0200 https://api.follow.it/track-rss-story-click/v3/psmVPsukxLDMW9z0eCpPgSlmFkX7M1Jw https://api.follow.it/track-rss-story-click/v3/psmVPsukxLCQrTGM3_LCdOT5HJgy6HUf A think tank has recommended the establishment of a common market in China’s Greater Bay Area, proposing a system of regional integration similar to the European Union.]]> Fri, 01 Dec 2023 16:00:14 +0200 https://api.follow.it/track-rss-story-click/v3/psmVPsukxLCQrTGM3_LCdOT5HJgy6HUf https://api.follow.it/track-rss-story-click/v3/psmVPsukxLBZWF-0d43hdZs0ohxaO6Yr Li Auto and Xpeng, two top premium electric vehicle builders in China, rewrote sales records in November, as their new car models amplified the popularity of battery-powered vehicles.]]> Fri, 01 Dec 2023 15:30:20 +0200 https://api.follow.it/track-rss-story-click/v3/psmVPsukxLBZWF-0d43hdZs0ohxaO6Yr https://api.follow.it/track-rss-story-click/v3/psmVPsukxLAHvR75C2DLxaCY3L745TL_ Hozon New Energy Automobile has started assembling vehicles in Thailand at its first overseas factory as it steps up its efforts to tap the Southeast Asian market.]]> Fri, 01 Dec 2023 14:30:26 +0200 https://api.follow.it/track-rss-story-click/v3/psmVPsukxLAHvR75C2DLxaCY3L745TL_ https://api.follow.it/track-rss-story-click/v3/psmVPsukxLBKXfsf3xt6U5s0ohxaO6Yr China’s statistics authority says regions in Guizhou province falsified data, while county governments in Shaanxi province intervened in data gathering following a round of inspections earlier this year.]]> Fri, 01 Dec 2023 12:00:17 +0200 https://api.follow.it/track-rss-story-click/v3/psmVPsukxLBKXfsf3xt6U5s0ohxaO6Yr https://api.follow.it/track-rss-story-click/v3/psmVPsukxLBa8f3U5woQN-zdsCmHakzH A highway tunnel under construction in China’s Xinjiang region is expected to be the world’s longest, and serve as a symbol of stronger ties with Central Asia.]]> Fri, 01 Dec 2023 04:00:31 +0200 https://api.follow.it/track-rss-story-click/v3/psmVPsukxLBa8f3U5woQN-zdsCmHakzH https://api.follow.it/track-rss-story-click/v3/psmVPsukxLBa8f3U5woQN3n9ye8UNv30 China’s Caixin/S&P Global manufacturing purchasing managers’ index (PMI) rose to 50.7 in November from 49.5 in October, data released on Friday showed.]]> Fri, 01 Dec 2023 03:59:47 +0200 https://api.follow.it/track-rss-story-click/v3/psmVPsukxLBa8f3U5woQN3n9ye8UNv30 https://api.follow.it/track-rss-story-click/v3/psmVPsukxLDlOqvo98jGUClmFkX7M1Jw President Xi Jinping pledged more measures to attract foreign investors in November, Premier Li Qiang took the helm at the Central Financial Commission and China announced visa-free entry plans.]]> Fri, 01 Dec 2023 01:00:14 +0200 https://api.follow.it/track-rss-story-click/v3/psmVPsukxLDlOqvo98jGUClmFkX7M1Jw https://api.follow.it/track-rss-story-click/v3/psmVPsukxLB00-Wz-q-3gV1cWWor9YPv Overseas investments by Chinese businesses are poised to surge after peaking in 2016 and then plunging amid internal and external pressures. Now, companies in the tech, energy and EV sectors are ‘in the driver’s seat’.]]> Thu, 30 Nov 2023 15:30:14 +0200 https://api.follow.it/track-rss-story-click/v3/psmVPsukxLB00-Wz-q-3gV1cWWor9YPv https://api.follow.it/track-rss-story-click/v3/psmVPsukxLAGsdDOi58YJylmFkX7M1Jw Much like those who expected a roaring economic recovery in China this year, bears forecasting doom and gloom risk making a costly mistake. Stronger-than-expected data increases the scope for a meaningful rally, and investors would do well to show some humility in their predictions.]]> Thu, 30 Nov 2023 10:30:08 +0200 https://api.follow.it/track-rss-story-click/v3/psmVPsukxLAGsdDOi58YJylmFkX7M1Jw https://api.follow.it/track-rss-story-click/v3/psmVPsukxLBhLeN3gCDcEOzdsCmHakzH Speakers at supply chain forums repeatedly brought up tech and innovation as ways for China to avoid uncertainties and maintain its place as the world’s manufacturing hub.]]> Thu, 30 Nov 2023 05:00:13 +0200 https://api.follow.it/track-rss-story-click/v3/psmVPsukxLBhLeN3gCDcEOzdsCmHakzH https://api.follow.it/track-rss-story-click/v3/psmVPsukxLDeyl03QMca4sb1naedg1wr With China’s economy still facing a bumpy recovery, the official manufacturing purchasing managers’ index (PMI) remained in contraction for the second straight month in November.]]> Thu, 30 Nov 2023 03:40:57 +0200 https://api.follow.it/track-rss-story-click/v3/psmVPsukxLDeyl03QMca4sb1naedg1wr https://api.follow.it/track-rss-story-click/v3/psmVPsukxLBsUatwyor1WqCY3L745TL_ A prolonged downturn in the property market and fragile business confidence are expected to further weigh on employment prospects in China.]]> Thu, 30 Nov 2023 00:30:09 +0200 https://api.follow.it/track-rss-story-click/v3/psmVPsukxLBsUatwyor1WqCY3L745TL_ https://api.follow.it/track-rss-story-click/v3/psmVPsukxLAJfZadfGFe9OT5HJgy6HUf Turkish ambassador says his country can help China’s trade with the world, including the European Union, with which Turkey has a free-trade agreement while China does not.]]> Wed, 29 Nov 2023 16:30:13 +0200 https://api.follow.it/track-rss-story-click/v3/psmVPsukxLAJfZadfGFe9OT5HJgy6HUf https://api.follow.it/track-rss-story-click/v3/psmVPsukxLAcg3via-Mzb-zdsCmHakzH Foreign firms looking to diversify their supply chains away from China could inadvertently create negative outcomes for the environment and consumers. Simplicity is a virtue in supply chain management, and countries other than China that can provide end-to-end solutions are few and far between.]]> Wed, 29 Nov 2023 13:30:09 +0200 https://api.follow.it/track-rss-story-click/v3/psmVPsukxLAcg3via-Mzb-zdsCmHakzH https://api.follow.it/track-rss-story-click/v3/psmVPsukxLA1Sxe4SzgpFJVjH6qdYdAk As purchase orders for the C919 commercial jet continue to grow, overseas suppliers and services are rushing to join China’s aviation expansion, despite concerns over geopolitics and intellectual property.]]> Wed, 29 Nov 2023 06:53:09 +0200 https://api.follow.it/track-rss-story-click/v3/psmVPsukxLA1Sxe4SzgpFJVjH6qdYdAk https://api.follow.it/track-rss-story-click/v3/psmVPsukxLAe0K2P39-un-T5HJgy6HUf Shifting consumption habits among Chinese consumers show how their risk appetites are changing, and many are willing to spend a small amount on the slim chance of a life-changing payout.]]> Wed, 29 Nov 2023 02:00:22 +0200 https://api.follow.it/track-rss-story-click/v3/psmVPsukxLAe0K2P39-un-T5HJgy6HUf https://api.follow.it/track-rss-story-click/v3/psmVPsukxLAe0K2P39-unyejEQ2Mq9rY Record clean energy installations could help China’s power sector to reach peak emissions in the next two years, but continued investment in coal-based capacity and a lack of firm emissions targets could undermine optimism about the country’s green transition, according to climate researchers.]]> Wed, 29 Nov 2023 02:00:18 +0200 https://api.follow.it/track-rss-story-click/v3/psmVPsukxLAe0K2P39-unyejEQ2Mq9rY https://api.follow.it/track-rss-story-click/v3/psmVPsukxLDoUi1jNKsKXqCY3L745TL_ It’s been one year since the public release of ChatGPT, kick-starting an AI race that is commanding vast resources by Chinese firms looking to cash in on ‘frontier tech’.]]> Wed, 29 Nov 2023 00:00:13 +0200 https://api.follow.it/track-rss-story-click/v3/psmVPsukxLDoUi1jNKsKXqCY3L745TL_