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…
China’s cabinet clears path for VAT law to take effect next month
The State Council has approved draft regulations for implementing China’s new value-added tax (VAT) law, which is aimed…
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,…
South Korea Q3 GDP grows 1.2% as consumption climbs
Economy Uncertainty over US tariffs continues to cast shadow over economy Kia vehicles waiting for export at a port…
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.…
Colombia’s cement market sees 1% uptick in August
Colombia’s cement market expanded by 0.7 per cent YoY to 1.082Mt in August 2025 from 1.074Mt in August…
Bottle-O, Liquor Centre owner posts lower revenue, flat profit as alcohol consumption declines
Tasman Liquor also made a substantial dividend payment of $7.77m to its Australian parent entity, Metcash. The business…
Teen’s driving inexperience and alcohol consumption led to fatal crash near Taupō, says coroner
The coroner’s findings said initially the pair had planned for Kimi Jnr to pick Te Pairi up from…