China’s consumers refuse to open their wallets. Is ‘luxury-phobia’ the problem?
As China struggles to boost consumer spending, a professor at one of the country’s top universities has argued…
China likely to chase 5% GDP growth in 2026 in bid to end deflation
BEIJING, Dec 3 (Reuters) – China is likely to stick to its current annual economic growth target of…
Chinese economist calls on Beijing to add consumption target to long-term goals
China should add a quantitative target for consumption growth as part of its long-term modernisation goals to help…
China faces impossible choice: Build factories to beat US or save its crumbling economy?
SINGAPORE, Oct 16 — China’s Communist Party meets this month to map a five-year vision that prioritises high-tech…