China’s high-spending counties emerge as bright spot as domestic demand remains weak
Before Sam’s Club – the American membership-only retailer with status appeal among China’s urban middle class – opened…
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…
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…
Cash-strapped Chinese county sparks outcry by spending millions to host TV show
A county in eastern China’s Zhejiang province has landed in hot water after spending over US$1 million of…
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…
China’s pivot from GDP obsession sparks cadre confusion, testing local governance
Ahead of China’s annual legislative meetings – typically a window into Beijing’s top-level policy agenda – this is…
Jiangsu vs Guangdong: why the battle to be China’s No 1 economy is heating up
The southern Guangdong province has been the largest engine powering China’s economic rise for decades. But the region…
Explainer | How are US tariffs and trade barriers redrawing China’s export map?
Despite a slowing economy, recurring trade frictions and intensifying price competition, the value of China’s exports rose in…
Chinese province floats new use for digital yuan: paying long-delayed debts
China is mulling the application of its digital yuan – the central bank-backed currency also known as the…