China’s Xi urges state giants to be pillars of national development
President Xi Jinping has instructed central state-owned enterprises (SOEs) to serve as the bedrock of national development, urging…
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…
‘Buy China’ trend, price wars push German industry to localise, seeing rivals as leaders
German companies are accelerating efforts to partner with Chinese rivals, conceding in fresh survey results that the local…
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…
Luxury and lifestyle giants signal renewed confidence in China’s consumer recovery
Multinational corporations including French beauty giant L’Oréal and Canadian sportswear brand Lululemon have pledged continued investment in China…
China vows to ‘safeguard support’ for private investment, boost confidence
China’s State Council has vowed to remove hidden barriers holding back private investment and also address the concerns…