China raises minimum wages amid drive to boost household spending
China has recorded a five-year peak in the number of provincial governments raising minimum wages, official data showed,…
Pura Collagen enters GLP-1 market with ‘pure’ hormone stimulating alternative
The two innovations expand the startup’s product line to seven, indicating the depth of consideration that goes into…
Changing tastes: China’s new affluent consumers seek quality not extravagance
In a premium supermarket in Shanghai one recent weekend, 33-year-old information technology specialist Zhao Wenyu paused in front…
Big Spending: Today’s Shocking Japan-US Price Differences
A business trip to New York and Washington drives home the price gaps now in place between America…
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…
IMF raises China growth forecast to 5% for 2025, citing resilience
China’s economy is projected to grow by 5 per cent in 2025 before slowing to 4.5 per cent…
Frost and funds: China’s winter sports boom drives spending and industry growth
Each winter for the past three years, Claire Zhou, a teenager from the southern Chinese city of Guangzhou,…
As China drafts its next 5-year plan, is GDP still the magic number?
For decades, the annual target for gross domestic product growth was the most critical policymaking benchmark across China.…
China banks on ‘super golden week’ to boost slowing consumption
Economy Officials expect 2.36bn trips over eight-day break, backed by $46m in subsidies Tourists climb a dune at…
Thai Silver Economy Projected to Hit 3.5 Trillion Baht in Consumption
 A major shift in Thailand’s national policy seeks to harness the spending power and skills of its…
Hong Kong’s economic losses from Ragasa may run into billions: experts
Super Typhoon Ragasa may have resulted in billions of Hong Kong dollars in economic losses to the city,…
China urged to overhaul its tax system to boost consumption
As China seeks public feedback on the implementation of its recently passed value-added tax (VAT) law, a group…