Over a quarter of China’s ultra-wealthy concentrated in Beijing and Shanghai: report
Chinese megacities are seeing a slight decrease in households with assets of at least 100 million yuan (US$14.8…
The upside of downsizing: Chinese youth leave the rat race for more affordable small towns
For five years, Alice Zheng, a former bank loan reviewer, followed the path expected of many young Chinese:…
China sets 95% transport goal for 2030, focusing on efficiency and shielding supply chains
China aims to make its transport systems even more expansive and efficient in the next five years, setting…
China’s ‘K-shaped’ economy is divided not just by sector, but geography
China’s so-called K-shaped economy has attracted attention in recent months, as official data shows a disparity between the…
Price of parenting: the household maths giving China’s consumers pause
Qiu Huiying, a human resources manager in Guangdong, worries in numerical terms when she looks ahead to the…
EU carbon tariff sows havoc in China as steel firms grapple with ‘absurd’ rules
As trade tensions between Beijing and Brussels continue to rise, China’s firms in the European Union have been…
China’s provinces turn to SOE profits after worst first-quarter fiscal stress since 2020
A growing number of Chinese provinces are proposing to increase profit remittance rates from state-owned enterprises to secure…
China faces a France-sized demographic loss that threatens coastal growth: analysts
China’s population is projected to fall by about 60 million over the next decade, threatening economic activity in…
Guangdong’s rule as China’s GDP king faces an unprecedented threat to the crown
The long-standing rivalry between China’s two largest economic heavyweights – with each boasting a gross domestic product comparable…
China ramps up hunt for tax evaders, frames consumption levies as fiscal lifelines
Beijing is intensifying its enforcement against tax evasion, extending its reach into consumption taxes, which have been positioned…
In wake of Iran war, Chinese manufacturers recalibrate overseas expansion plans
With domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in…
Hainan hopes to make Formula 1 race its ‘core engine’ as it develops ‘automotive culture’
Hainan’s local government has signalled its intention to bring a Formula 1 race to the southern island, after…