President Xi Jinping

Singapore economy

Bilateral US-China trade war could benefit Singapore, but not a global trade war

SINGAPORE (Mar 26): Investors have been anticipating a trade war following the Trump’s administration’s plan to impose up to US$60 billion ($78.9 billion) worth of tariffs on China imports, which accounts for about 9.4% of US-China trade and 2.6% of U

China Focus

Chinese economy has ‘darker story’ ahead, China Beige Book says

BEIJING (Sept 27): The world’s second-largest economy may be faring well this year but 2018 is shaping up to be less positive, with progress on reducing debt and industrial capacity proving elusive, according to the China Beige Book.

Xi's risk-off push ripples through China as transition nears

(July 19): China’s push to rein in financial risks is rippling through the economy, with regulators targeting everything from corporate acquisitions to returns on the savings products banks sell to yield-hungry consumers.

Trump’s Xi summit tests his promise to win on trade, North Korea

WASHINGTON (April 7): President Donald Trump began his first-ever meeting with the leader of the world’s second-largest economy on Thursday, the country he blames for stealing millions of US jobs and enabling North Korea’s march toward a nuclear missi

Why Xi Jinping needs to tread carefully when he meets Trump

BEIJING (April 6): Nothing is supposed to go off script for President Xi Jinping in what is the equivalent of an election year in one-party China.
Image: Reuters

China Focus

China hikes tax on 'super cars' amid luxury crackdown

SHANGHAI/BEIJING (Dec 1): China will impose an extra 10 percent tax on super cars and other luxury models costing 1.3 million yuan ($0.27 million) and above, in a bid to rein in lavish spending and to reduce emissions, the ministry of finance has said.

China Focus

Why China's US$1 trillion merger makeover could fail

SHANGHAI/HONG KONG (Sept 8): To grasp the scale of the challenges facing Chinese leaders in revamping their sprawling and inefficient state-owned enterprises, consider this: The combined revenue of 100-plus government-owned firms, spanning from train make

More to China’s G20 Summit than Obama’s plane squabble

SINGAPORE (Sept 7): Described by some as “uneventful” and “short on substance”, the recently-concluded G20 Summit in Hangzhou was unfortunately overshadowed by a squabble over a mobile stairway.

Why China’s plan to build a New Silk Road runs through Singapore

SINGAPORE (Aug 15): As the son of a man who journeyed from China to Singapore and founded a shipping business a half century ago, Teo Siong Seng sees his life as one immersed in the ancient trading networks of Asia.
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