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…
Beijing bets on a US$1 trillion sports boom to revive consumption, job market
China plans to expand the scale of its sports industry to at least 7 trillion yuan (about US$1…
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…
How can Beijing attract top-tier Chinese AI professionals based abroad?
Beijing should shift its strategy and improve ways to attract and retain top Chinese AI professionals as America’s…
Inside OpenClaw mania in China, as security fears surge alongside enthusiasm for AI agent
By the time software programmer Guo Cancan realised something had gone horribly wrong with OpenClaw – the task-executing…