In Focus | Family firms power China’s economy – but what happens when the heirs refuse the throne?
Many Chinese tend to label the offspring of the country’s nouveau riche private business founders with the pejorative…
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 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…
China’s DeepSeek says releases long-awaited new AI model
Chinese startup DeepSeek released a new artificial intelligence model with “drastically reduced” costs Friday, more than a year…
Is China’s commercial rocket now cheaper than Elon Musk’s SpaceX Falcon 9?
The Kinetica-2 Y1 carrier rocket, also known as the Lijian-2 Y1, took off on its inaugural flight on…
How China could narrow a tech hub’s income gap – and avoid Silicon Valley’s fate
Ahead of China’s annual legislative meetings – typically a window into Beijing’s top-level policy agenda – this is…
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…
China expands oversight of major banks amid property sector risks
China has expanded its list of domestic systemically important banks (D-SIBs) – institutions subject to tighter regulatory standards…
As China intensifies offshore tax hunt, exporters struggle with compliance
For those in China’s cross-border trade business, a sweeping tax crackdown is beginning to be felt. Heightened scrutiny…