Small restaurants in China starve as consumers suppress appetite for spending
Small restaurants across mainland China have taken a beating as budget-conscious consumers refrain from dining out because of…
Policy body urges China to confront economic challenges, confident of demand recovery
China’s top economic policy coordinator has urged the country to confront unavoidable challenges, while expressing confidence that investment…
China’s new ‘invest in people’ slogan heralds a rethink in economic strategy
Beijing’s fresh imperative to “invest in people” – first raised in a proposal for the 15th five-year plan…
China to keep high fiscal deficit ratio in 2026 to buoy spending plans: analysts
China is expected to set its fiscal deficit ratio at around 4 per cent of gross domestic product…
China faces 2026 marked by economic strains and uneasy rivalry with US: Asia Society
Beijing and Washington will continue to circle each other warily in 2026 even as China’s leadership struggles to…
China’s central bank vows ‘strong breakwaters’ to shield from external shocks
Central bank governor Pan Gongsheng has stressed the importance of China maintaining a sound monetary system that remains…
Shanghai bets on manufacturing to buttress finance in two-pronged growth plan
Shanghai, mainland China’s top finance and trade hub, is set to double down on efforts to prevent the…
China’s vow to shield manufacturing aims to ward off industrial decline
Beijing has pledged to prevent industrial hollowing-out by safeguarding the share of manufacturing in its economy, noting that…
‘Unforgivable’: Chinese county still living in shadow of wild spending binge
Few areas of China reflect the country’s decades-long economic transformation more vividly than its cities. Rapid development has…
New phrase, new phase? China’s central bank adjusts language on yuan internationalisation
China’s central bank has adopted a more proactive tone when describing its efforts to promote the global use…
China’s industrial profits surge in September, logging highest growth in nearly 2 years
Chinese industrial firms saw their highest earnings surge in nearly two years last month, as production revved up…
China’s economy can grow by up to 5% until 2030: ex-finance vice-minister Zhu
China can sustain annual growth of 4.5 to 5 per cent over its next five-year plan period, former…