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Yesterday

Residential buildings in Shanghai. Fiscal and monetary stimulus to revive the property market have restored some confidence in the economy.

China boosts funds for housing projects to support embattled sector

The pledges for more financing for cash-strapped developers and urban redevelopments are part of a series of measures announced in recent weeks.

  • Joe Cash and Liangping Gao

This Month

Customers in the once popular Lan Kwai Fong drinking and eating area in Hong Kong.

Hong Kong slashes tax on alcohol to revive city

The Chinese territory’s chief executive John Lee is trying to turn around the economy amid a fall in tourism and consumption.

  • Kiuyan Wong and Shirley Zhao
Xi Jinping is trying to restore confidence in the economy while cracking down on excess.

China moves to boost tax revenue with crackdown on foreign wealth

Some wealthy individuals in major Chinese cities face tax bills of up to 20 per cent on their overseas investment gains, as authorities enforce long-overlooked rules.

  • Jessica Sier
Taiwanese President Lai Ching-te’s National Day speech provoked Beijing.

China launches fresh round of war games near Taiwan

In rare operations, China’s coast guard circled Taiwan and staged “law enforcement” patrols close to its offshore islands, Chinese state media reported.

  • Ben Blanchard and Yimou Lee
Analysts say the swift rise of natural gas-powered trucks, particularly heavy-duty vehicles of 14 tonnes and above, has helped thrust China past peak diesel demand.

Rapid rise of LNG trucking pushes China to peak diesel

While the country’s rapid adoption of electric cars has been in the spotlight, significant change has also been taking place in China’s freight industry.

  • Ryan McMorrow, Tina Hu and Edward White
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Ian Bremmer says Beijing’s best option to stimulate growth in the short term is to give direct fiscal stimulus to consumers.

China’s new stimulus underwhelms as ‘big fat’ numbers missing

Chances of China rolling out a massive stimulus package to boost its faltering economy are fading after Saturday’s announcement failed to reveal details.

  • Jessica Sier
China’s finance minister Lan Fo’an says there’s room for his government to issue more debt.

More vague promises as China scrambles to reignite growth

China will allow local governments to use bonds to buy unsold homes in a bid to prop up the struggling economy.

  • Jessica Sier
Toshiyuki Mimaki, president of Nihon Hidankyo.

Nobel Peace Prize goes to anti-nuclear group

The prize was awarded to Nihon Hidankyo, a Japanese organisation that campaigns for an end to nuclear weapons.

  • Mike Corder and Elena Becatoros
Although there will be significant bad debts in China, they appear to have already peaked.

‘Not investible’: The clamour for deeper reforms in China

China has been slow to adjust its economy after COVID-19 and consumers are still hoarding cash, hit by a huge slump in the property market.

  • Jessica Sier
China’s President Xi Jinping and his wife, Peng Liyuan, greet the press during a reception in Beijing last month.

Understand Xi and you’ll adjust expectations for China stimulus

Where Beijing’s powerful state economy is headed will be determined by the Great Helmsman.

  • Richard McGregor
Kamala Harris and Donald Trump will go head-to-head in November when  Americans cast their vote.

Over a billion have voted in 2024: Has democracy won?

Half the world has taken part in elections so far this year, but with the US set to vote in less than a month, the trickiest is yet to come.

  • The Economist
Anthony Albanese at an ASEAN summit in Melbourne this year.

US-China rivalry colours our ASEAN relations

ASEAN believes that neutrality is the best defence against regional conflict. But it is too reluctant to help maintain the regional balance.

  • The AFR View
Brokers haven’t given up more stimulus to help reflate China’s economy.

Fresh hopes for China stimulus and private sector reform

Foreign investors say China’s moves to free up private business might reduce unemployment, encourage investment and boost consumer confidence.

  • Jessica Sier
It is China’s consumers that need to pull the country out of its malaise.

Why Australia can’t keep relying on hopes of China stimulus

Beijing’s latest version of its stalling stimulus model will become another dead end. It’s time for Australia to make its own economy more adaptable.

  • John Lee

Qantas apologises for showing R-rated film on all screens on flight

The crew played the movie following the malfunction of personal in-flight entertainment systems, according to a person who recounted the experience on Reddit.

  • Kate Christobek
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Chinese officials did not release a wave of stimulus like the market had expected.

China disappoints with latest stimulus plan

The government had raised hopes of more fiscal pump-priming of the economy after the central bank’s earlier interest-rate relief and liquidity measures.

  • Updated
  • Jessica Sier

Is China simply juicing stocks to make consumers feel better?

Economic growth is sluggish and youth unemployment is at socially precarious levels. But is recent stimulus designed to simply pump up sharemarket sentiment?

  • Jessica Sier
Xi Jinping

China demands schoolteachers hand in their passports

The passport collection drive allows local government officials to control and monitor who can travel abroad, how often and to where.

  • Ryan McMorrow, Nian Liu, Sun Yu and Gloria Li
Residential buildings in Shanghai.  Fiscal and monetary stimulus to fire up the property market have been good for shares.

China’s stock rally for the ages shows power of crowds

It could take months until we know the real economic impact of Beijing’s latest stimulus round. But markets are not hanging around to find out.

  • Katie Martin
Lando Norris of Great Britain driving the McLaren MCL38 Mercedes on track during the F1 Grand Prix of Singapore last month.

Singapore to charge billionaire Ong for scandal over ex-minister

Property tycoon Ong Beng Seng worked with the disgraced former minister S. Iswaran to bring the Formula 1 Grand Prix to the city state.

  • Low De Wei