China Executive Insights
By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser. Inflation and higher interest rates do not affect everyone equally. Warwick Powell, adjunct professor at Queensland University of Technology, says asset owners may benefit from higher returns, while households and businesses reliant on credit face rising costs.
By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser. Much of US inflation is supply-driven, raising questions over how much higher rates can actually achieve. Liang Yan, Kremer Chair Professor of Economics at Willamette University, says further tightening could add pressure to an already struggling housing market and the wider economy.
By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser. The US Federal Reserve has resumed rate hikes for the first time in three years, while the Bank of Japan has also raised rates to 1.25%. With energy prices elevated and inflation pressures persisting, central banks are turning more hawkish. Will tightening continue? And what does it mean for the dollar, yen, renminbi, bonds and gold? This week on BizTalk, we take a closer look at the new global rate cycle and its market impact.
By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser. China's real estate industry has officially transitioned to a stock-phase development model, marking a pivotal structural shift in the country's urban housing landscape, senior housing officials confirmed on Friday. Chen Shaowang, vice minister of housing and urban-rural development, outlined the key development blueprint for the 15th Five-Year Plan period at a press conference hosted by the State Council Information Office. The upcoming five-year cycle will serve as a critical transformation window for China's three core urban development segments: urban and rural construction, residential and real estate markets, and the construction industry. The ministry summarized the industry's structural overhaul under a three-tier framework: two strategic shifts, two market transformations, and three industrial upgrades. Aerial view of the Southern Song Deshou Palace Ruins Museum, Hangzhou, Zhejiang Province, Oct. 24, 2025. /VCG The "two strategic shifts" apply to urban and rural development.
By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser. At this year's WTO Public Forum in Geneva, China is highlighting both cultural exchange and its approach to global trade. A series of performances, exhibitions and policy discussions is taking place alongside the three-day forum. Julia Hamilton reports.
Looking ahead, Yang is driven to become a programmer or AI researcher, determined to leave his own mark on the world A 13-year-old boy from eastern China has garnered significant attention online for his ability to leverage artificial intelligence and programming to solve everyday challenges. Yang Xizhe, a junior secondary school student from Hangzhou, Zhejiang province, stands at an impressive 1.9 metres tall and has amassed a following of over 500,000 on mainland social media platforms. Growing up in a city celebrated for its vibrant technology ecosystem, he identifies as an “AI native.” Yang believes that for his generation, AI is becoming as vital as air and water. In February last year, he gained recognition when a video demonstrating his use of AI to memorise English vocabulary attracted 20 million views.
Start date will meet government’s fourth-quarter target, with travellers able to clear Hong Kong and mainland Chinese immigration under joint system Hong Kong’s redeveloped Huanggang Port could begin operations as early as October 12, allowing cross-border travellers to complete Hong Kong and mainland Chinese immigration procedures in a single inspection under a new joint clearance system. The South China Morning Post learned on Friday that authorities were targeting the date for the launch, although that would depend on the facility’s operational readiness. Launching on October 12 would meet the government’s target of starting operations in the fourth quarter of this year. Chief Executive John Lee Ka-chiu said in his policy address this week that the facility would adopt a co-location arrangement and introduce a new “collaborative inspection and joint clearance” model to improve the efficiency and experience of passenger clearance.
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Trained specialists will drive Jaguar I-Pace vehicles and help Waymo adapt its technology to Singapore’s road layouts and other conditions Fully electric Jaguar I-Pace vehicles were due to arrive in the city state in the coming months, ahead of preparations for a commercial launch, the company said on Friday. From 2027, trained autonomous specialists will manually drive the vehicles to help Waymo adapt its technology to Singapore’s road layouts, monsoon conditions and other local features. The service is expected to open to the public through the Waymo app in 2028.
Download the PDF This is the second part of a Factsheet series on Hong Kong’s debut five-year plan and the 2026 policy address. Click here for part one. The series was produced with support from the Hong Kong SAR government. To see the South China Morning Post’s coverage of the five-year plan, click here. This Factsheet will be available in the SCMP print edition on September 21. You can find it at newsstands and convenience stores. For any inquiries, contact printsupport@scmp.com.
Download the PDF This is the first part of a Factsheet series on Hong Kong’s debut five-year plan and the 2026 policy address. Click here for part two. The series was produced with support from the Hong Kong SAR government. To see the South China Morning Post’s coverage of the five-year plan, click here. This Factsheet will be available in the SCMP print edition on September 21. You can find it at newsstands and convenience stores. For any inquiries, contact printsupport@scmp.com.
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[The content of this article has been produced by our advertising partner.] Hong Kong is preparing for many more electric vehicles on its roads. The city’s First Five-Year Plan, announced alongside the Policy Address, calls for the steady electrification of vehicles and safe, efficient charging networks, with around 10,000 fast chargers expected by 2035 to support about 500,000 EVs. That longer-term target follows an updated EV roadmap released in February, which calls for fast chargers to become the backbone of Hong Kong’s public charging network. An interim target of at least 4,000 fast chargers has been set for 2030, supporting about 200,000 EVs. Industry is responding with different initiatives, from expanding charging networks to introducing technology designed to get motorists back on the road more quickly. At Gold Coast Piazza in Tuen Mun, a new ultra-fast charging station can compress charging times to as little as five minutes for compatible EVs. The system can charge a compatible EV battery from 10 to 70 per cent in five minutes, or from 10 to 97 per cent in nine minutes. The pilot project is a collaboration between Sino Group, BYD, CR EVIVA and iCar, with each contributing to its development and operation.