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…
As Typhoon Bavi nears, Chinese bloggers warned amateur AI forecasts may be illegal
As residents of eastern China brace for Typhoon Bavi to make landfall, bloggers have turned to AI weather…
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…
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…
Jack Ma, Alibaba executives meet teachers to discuss how education should adapt in AI era
Chinese billionaire Jack Ma and the core leadership of Alibaba Group Holding and Ant Group spent over an…
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…