The artificial intelligence (AI) boom and strong demand for electric vehicles (EVs) drove a 25 per cent year-on-year increase in China’s exports in August despite geopolitical headwinds and bad weather. Typhoons Dolphin and Saudel caused widespread delays at Shanghai’s port. The increase in exports exceeded the 23.9 per cent growth recorded in July and the 21.9 per cent forecast of economists polled by Chinese financial data provider Wind. Customs data released on Tuesday also showed imports...

As China’s southern tech hub Shenzhen gears up to host November’s Asia-Pacific Economic Cooperation (Apec) summit, its province, Guangdong, is making sure its technological prowess is also receiving global attention. At Saturday’s Asia-Pacific Media Forum, a major media gathering before the summit, a hall was packed with hi-tech products from the province, including a BYD car, DJI drones and Tencent Holdings’ artificial intelligence products, as well as smartphones from Honor and Vivo. Before...

China’s exports continued to beat expectations in August, buoyed by strong demand for tech products and pre-Christmas orders that offset severe weather disruptions, though analysts warned the country’s widening trade imbalances remained a concern among Western policymakers. The country’s exports rose by 25 per cent year on year to US$401.44 billion last month, according to Chinese customs data released on Tuesday. The reading was above a forecast of 21.93 per cent growth from economists polled...

The Chinese mining firm that carried out the first Hong Kong-Kazakhstan dual stock exchange listing after a tough start in the industry could motivate many more initial public offerings (IPOs) by peers who are keen on the Central Asian country’s extensive mineral deposits, a financial official said on Monday. The dual listing of Jiaxin International Resources Investment last year established a “proof of concept”, said Renat Bekturov, governor of Kazakhstan’s Astana International Financial...

China will impose provisional anti-dumping duties of up to 99.2 per cent on Japanese dichlorosilane, a critical chemical used in chipmaking, after an eight-month investigation found that dumped imports had harmed local manufacturers. The Ministry of Commerce announced the preliminary ruling on Monday, saying importers of dichlorosilane originating from Japan would be required to pay corresponding cash deposits from Tuesday. Shipments from Denal Silane, a manufacturer of semiconductor speciality...

Amid persistent geopolitical strains and growing concerns over the weaponisation of the US dollar, European central banks have continued shifting gold reserves away from US vaults – with the latest move announced by the Netherlands – and analysts say China could take it as an opportunity to draw more bullion flows into custody hubs in Shanghai and Hong Kong. De Nederlandsche Bank, the Dutch central bank, said in a news release on Wednesday that it had transferred 86 tonnes of gold from vaults in...

Beijing’s planned 360 billion yuan (US$54 billion) capital injection into eight state-owned financial institutions is a step in the right direction, but further fiscal support is needed to revive credit demand and ensure the fresh capital is put to better use, analysts say. They noted that the move extended a recapitalisation drive since 2025 that had largely focused on banks, now widening to insurers and other financial institutions, reflecting a broader effort to strengthen capital buffers...