Day: March 11, 2026

Beijing aims to accelerate the rise of China’s home-grown airliner fleet, including the C909 regional plane, C919 narrowbody and C929 widebody, through 2030. This push to challenge the duopoly of Boeing and Airbus comes as a national five-year plan calls for aircraft production, development and the roll-out of a domestically developed engine. The next five years will prove vital to the success of the three aircraft models and the continued localisation of critical parts such as engines, according to an analyst. The road map addresses vulnerabilities amid ongoing disruptions and…

China has significantly stepped up its land reclamation activities on a disputed shoal in the South China Sea, according to satellite images. One image, reportedly taken on Monday, suggested that the surface area of Antelope Reef, once a mostly submerged feature in the Paracel Islands, had expanded substantially. The picture, published on social media by Damien Symon, a researcher with global intelligence research network The Intel Lab, also showed more than 30 vessels, believed to be dredgers and construction support ships, within its lagoon. Advertisement It may be the most…

Overseas expansion and a commodity boom have put Chinese companies trading on the mainland in a position to beat their offshore-listed peers in earnings, cementing the outperformance of yuan-denominated stocks since the outbreak of Middle East hostility. The 300 largest mainland-traded companies may post average 2025 profit growth of 6.3 per cent during the coming earnings season, while the growth rate for the firms in the Hong Kong exchange’s benchmark Hang Seng Index would be a mere 2 per cent, according to Bloomberg data. The earnings season runs through the…

Huang Yiping, a veteran Chinese economist, has attended countless policy forums and high-level summits over his long career. But one event at Peking University a decade ago stands out. Academic debates are often niche, sparsely attended affairs, but that afternoon in November 2016 was different. Seats in the auditorium were snatched up in minutes as people piled in to witness a showdown that had attracted nationwide attention. The public frenzy centred on a rare face-to-face clash between two titans of Chinese economics – Justin Lin Yifu and Zhang Weiying –…

Chilean President Gabriel Boric left La Moneda presidential palace for the last time on Wednesday, ending a four-year term with a call for national unity that most observers took as a reference to the Chinese undersea cable dispute that defined his final weeks in office. “I wish success to the incoming government, success for Chile, and may our homeland always come first, above any interest, above any disagreement,” Boric said from the palace courtyard, where he arrived with his partner, Paula Carrasco, shortly after 8am. Boric handed power to Jose…