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Cheng Leng

China business and finance reporter

Cheng Leng writes about China's financial regulations, banking, metals and other business news out of Hong Kong for the Financial Times. Before joining the FT, Cheng was the China finance correspondent for Reuters and Caixin based in Beijing.
Email Cheng Leng @cheng_leng_  on Twitter (link opens in a new browser window)
  • Tuesday, 10 December, 2024
    Chinese economy
    Xi says China will remain world’s ‘growth engine’

    Stocks rise after Beijing signals more measures to boost economy

    Aerial view of containers at a port in Jiangsu, eastern China
  • Tuesday, 10 December, 2024
    Evergrande Real Estate Group
    China Evergrande liquidators put founder’s private jet up for sale

    Airbus plane was one of several markers of wealth amassed by Hui Ka Yan during now-collapsed developer’s boom years

    The company logo of Evergrande at its HQ in Shenzhen, China
  • Wednesday, 4 December, 2024
    News in-depthChinese trade
    China’s ties with Saudi Arabia buoyed by green tech

    Warming relations between Xi Jinping and Saudi crown prince complicate outlook for Trump administration

    Montage of Mohammed bin Salman and Xi Jinping with elements of the Chinese and Saudi Arabian flags in the background and red and green hued images of solar panels and wind turbines
  • Monday, 2 December, 2024
    Chinese economy
    China’s benchmark bond yields dip below 2% in 22-year low

    Smaller lenders pile into 10-year debt as they seek secure assets

    The People's Bank of China building in Beijing, with a Chinese flag flying above it
  • Friday, 29 November, 2024
    The Big Read
    Elon Musk: the ‘wild card’ in Trump’s dealings with China

    Do the billionaire’s longstanding ties to Beijing represent a diplomatic opportunity or a clash of political and business interests?

  • Wednesday, 27 November, 2024
    ReviewBusiness books
    Business books: What to read this month

    Optimistic thinking on AI, Silicon Valley Bank in China, and considering your goals in reverse

    FT montage of the covers of this month’s books
  • Tuesday, 26 November, 2024
    The Big Read
    How Shanghai’s ambition to be the ‘future of finance’ fell apart

    The city was meant to be China’s answer to New York. But trade tensions and changing domestic priorities have taken a toll

    Black and white photo of the colonial buildings on the Bund and a colour photo of the financial district in Pudong on the other side of the river
  • Friday, 22 November, 2024
    Chinese business & finance
    Foreigners dump Chinese government bonds as popular trade unwinds

    Investors who had borrowed renminbi to buy sovereign debt hit by market sell-off

    The People’s Bank of China building in Beijing
  • Tuesday, 19 November, 2024
    Chinese economy
    Goldman chief warns global investors are staying on the ‘sidelines’ in China

    David Solomon says there are concerns about cashing out of investments in the country

    David Solomon speaks into a microphone during a conference
  • Thursday, 14 November, 2024
    Chinese business & finance
    China borrows almost as cheaply as US in return to dollar bond market

    Investors place nearly $40bn of orders to buy $2bn of bonds issued by China’s finance ministry

    The CCTV Tower and surrounding buildings in Beijing, China, at dusk
  • Monday, 11 November, 2024
    ExplainerChinese economy
    Why China is betting on local governments to spur the economy

    $1.4tn fiscal package falls short of market hopes as Beijing braces for Trump tariffs

    Workers prepare to attach equipment to be lifted by a crane on a construction site in the central business district in Beijing on Sunday
  • Friday, 8 November, 2024
    Chinese economy
    China unveils $1.4tn package to shore up economy

    Beijing braces for trade tensions with US under Trump but measures disappoint investors

    Commuters walk over a footbridge in Beijing at night, with the illuminated buildings of the Central Business District visible in the background.
  • Thursday, 7 November, 2024
    Chinese trade
    Chinese exports soar as Beijing prepares for trade tensions with Trump

    China could respond to aggressive new tariffs with bigger stimulus action or currency depreciation, say analysts

    Cranes and cargo ships at Nanjing’s port in China's eastern Jiangsu province, with the sun setting in the background. Containers are stacked on the dock and aboard the ships, indicating active shipping and trade operations
  • Tuesday, 5 November, 2024
    Chinese business & finance
    China to issue first dollar bond in three years in Saudi Arabia

    Choice of the kingdom highlights deepening financial ties between the two countries

    Saudi crown prince Mohammed bin Salman
  • Saturday, 2 November, 2024
    Chinese society
    China targets 2mn lifts to keep its ageing population upwardly mobile

    A campaign is under way to retrofit older apartments but authorities and residents are fighting over the bill

    Residents chat in a lift installed in an old residential building, Hohhot, Inner Mongolia
  • Tuesday, 22 October, 2024
    The Big Read
    Why Xi changed his mind on China’s fiscal stimulus

    After resisting calls to intervene, Beijing has made a sudden U-turn. But will the package be enough to get the economy back on track?

    Montage image of Xi Jinping and Chinese renminbi notes
  • Monday, 14 October, 2024
    Chinese equities
    Chinese stocks gain after Beijing lays out fiscal plans

    Government plans to increase spending to boost world’s second-largest economy

    A montage of the Shanghai skyline and a chart going up and down
  • Friday, 11 October, 2024
    Chinese equities
    ‘Cutting leeks’: Beijing sparks a retail stock trading frenzy

    Small investors have piled into Chinese equity markets but many have already been burnt by wild price swings

    An investor looks at a screen showing stock market movements at a securities company in Hangzhou, in eastern China’s Zhejiang province
  • Thursday, 10 October, 2024
    Chinese equities
    Chinese stocks inch higher ahead of finance minister’s briefing

    CSI 300 rises 1% as central bank launches lending facility to stabilise market

    The Bund Bull statue in Shanghai, China, is prominently displayed with a backdrop of historic buildings. The scene includes blurred motion of passing vehicles
  • Wednesday, 9 October, 2024
    ExplainerChinese economy
    As Chinese stocks slide, should investors bet on a Beijing bazooka?

    Expectations of fiscal stimulus stoked a market rally that fizzled out this week

    The financial district of Pudong in Shanghai, China, is visible through a circular hole on a bridge. The scene includes the Oriental Pearl Tower and other skyscrapers
  • Tuesday, 8 October, 2024
    Chinese equities
    Chinese stock rally cools after Beijing holds off on fiscal stimulus

    Investor disappointment with lack of detailed plans limits gains in CSI 300 and triggers sharp sell-off in Hong Kong

    A security guard stands guard on the Bund with the backdrop of the financial district of Pudong in Shanghai
  • Friday, 27 September, 2024
    Chinese equities
    Chinese stocks post best week since 2008 after stimulus blitz

    Beijing’s pledge to support capital markets and economic growth targets also helps lift European stocks and metals prices

    A montage of Chinese president Xi Jinping and the emblem of the People’s Republic of China
  • Wednesday, 25 September, 2024
    FT Wealth Management
    Expansion of Wealth Connect scheme gets Chinese funds flowing

    ‘Southbound’ investors were initially attracted to deposits but may diversify as interest rates — and restrictions — fall

  • Tuesday, 24 September, 2024
    Foreign exchange
    Foreigners are piling into China’s free money trade. How long can it last?

    CD players

  • Friday, 13 September, 2024
    PwC
    PwC banned for 6 months in China for ‘concealing fraud’ at Evergrande

    Big Four firm pays $62mn fine and fires 11 staff over audit of collapsed developer

    The exterior of the PwC Center in Shanghai, China, showing the "pwc" logo prominently displayed on the building
Previous page You are on page 1 Next page

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