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Inside China

This Month

A heavy machinery production line in eastern China. Tensions with trading partners such as the EU are high over China’s exports of electric vehicles and other items.

China asks bloggers to stop badmouthing the economy

The request came as economic data showed China’s recovery after the pandemic remained slow, with weak consumer confidence and a lingering real estate crisis.

  • Zen Soo and Elaine Kurtenbach
Chinese President Xi Jinping leads delivers a speech at the annual Central Economic Work Conference in Beijing.

China’s leaders send mixed signals on how to fix economy

A key meeting of Xi Jinping and his top policy advisers has left investors confused about how far Beijing is prepared to go to bolster economic growth.

  • Michael Smith
China is expected to meet the government’s GDP target this year, due mainly to a rebound in consumption compared with a lockdown-hit 2022.

China Politburo raises expectations for ambitious 2024 GDP goal

Economic targets for 2024 will be set at the Communist Party’s annual economic work conference, expected to be held later this month.

  • Bloomberg News
A mega solar farm on the outskirts of Golmud, China.

Why China can’t give up its addiction to coal

The Asian giant in pumping massive amounts of money into renewables, but that hasn’t halted a huge – and seemingly contradictory – fossil fuel investment plan.

  • Michael Smith and Hans van Leeuwen

November

Workers assemble mini excavators in a factory in eastern China’s Jiangsu province.

China tightens grip on rare earths as its economy wanes

China’s economic growth is slowing, but it is trying to strengthen its stranglehold on critical minerals such as graphite, amid a US strategy to derisk from China.

  • Michael Smith
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One of the central challenges for David Solomon is to gain a higher stockmarket valuation for Goldman.

Goldman halts ‘growth at all costs’ China strategy

The bank is wary of uncertainty created by US-China tensions, chief David Solomon says.

  • Joshua Franklin and Owen Walker
Shadow banks like Zhongzhi are loosely regulated firms that pool household savings to offer loans and invest in real estate, stocks, bonds and commodities.

China’s troubled shadow bank Zhongzhi warns of insolvency

Zhongzhi Enterprise Group, with debts totalling more than twice its assets, told investors that efforts at a “self-rescue” failed to live up to expectations.

  • Bloomberg News
Beijing is reluctant to borrow more, given that it has huge pools of bad debt to resolve at the local government level.

China struggles to spend its way out of economic crisis

Falling tax revenue and high local debt cast doubt on how much budgetary firepower Beijing really has.

  • Joe Leahy
Chinese President Xi Jinping.

Hidden dragon: Inside the mind of Xi Jinping

In Xi’s worldview, the West has sought to subvert the Chinese Communist Party’s power at home and contain the country’s influence abroad.

  • Chris Buckley
Steam Leung, national director at Colliers International, is full of praise for the Albanese government’s restoration of ties with China.

Chinese Australians say both sides can cash in on improved relations

The Albanese government’s restoration of the China relationship is welcomed, but opinions are mixed on the state of the superpower’s economy.

  • Gus McCubbing
Louis

‘Smurfing’: How China’s rich are smuggling cash from the country

Since China’s borders reopened post-pandemic, the wealthy have increasingly been moving money out of the country in elaborate, secret ways.

  • Lulu Yilun Chen
This shopping mall in Zhengzhou never opened after construction was completed.

‘Chaos and policy error’: Why Xi Jinping needs a new economic plan

China’s top policymakers are sending out the right signals, but they are not necessarily translating into hard policies needed to give the economy a kick-start.

  • Michael Smith
Pedestrians and shoppers on Nanjing Road shopping street in Shanghai.

China slips back into deflation as recovery stumbles

Prices are falling again after a two-month reprieve, with households and businesses wary of spending despite government stimulus efforts.

  • Tom Hancock

China’s import surprise offers hope as recovery risks linger

China’s imports expanded year-on-year for the first time since February, a rare sign of growth against a backdrop of weaker overall trade activity in 2023.

  • Linda Lew
Prime Minister Anthony Albanese and Chinese Premier Li Qiang in the Great Hall of the People.

Chinese premier calls PM ‘handsome’ as talks to resume

Chinese Premier Li Qiang has announced that annual leadership talks between Australia and China will resume; death toll surpasses 10,000 in Israel-Palestine conflict. How the day unfolded.

  • Updated
  • Gus McCubbing and Timothy Moore
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Brisbane Airport CEO Gert-Jan de Graaff flew to Shanghai on Sunday in a bid to bring more direct flights from China to Queensland.

Big business toasts China reset, calls for Xi to visit Australia

Big business is hopeful the PM’s China visit will give them the predictability needed to invest in the world’s second-largest economy.

  • Michael Smith, Phillip Coorey and Gus McCubbing
China’s Premier Li Qiang addresses the China International Import Expo in Shanghai on Sunday.

China’s premier vows to widen foreign market access

China’s No.2 official made the pledge at a major trade fair, as Beijing seeks to lure more foreign investors to aid the ailing economy’s recovery.

  • Brenda Goh
Graham Fletcher, Australia’s ambassador to China, greets Prime Minister Anthony Albanese at Hongqiao Airport, Shanghai.

Albanese becomes first PM to visit China in seven years

Prime Minister Anthony Albanese was given a red carpet welcome and said he was aiming for “open, respectful dialogue” from his trip.

  • Updated
  • Phillip Coorey
Prime Minister Anthony Albanese has called on China to use its influence with Russia.

‘This is a key moment’: PM to confront new reality in China

Australia is out of the deep freeze but, despite the hopes of business, a return to a time when trade came free from political strings is unlikely.

  • Michael Smith

Albanese finds his ‘way through’ with China

Tensions with China are nothing new. In 1989, 1996 and 2009, Australian governments had to find ways of dealing with varying crises in the relationship.

  • James Curran