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New Business

Beauty market aglow: young Chinese splurge on wellness treatments, Fosun-backed firm says

Young Chinese consumers, including a growing number of men, are splurging on aesthetic medical treatments for physical, emotional and social…

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Yuan’s long-term hedge costs equalise for first time since 2011

An options market gauge showing the cost to hedge against declines or advances in the yuan has turned neutral for…

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China’s cruise industry makes waves as new deal creates Asia’s largest fleet

China has announced plans to consolidate the cruise operations of four central state-owned enterprises into a single entity that will…

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China’s liquor capital faces long march to rebirth as baijiu’s ‘liquid gold’ glory wanes

As China’s traditional spirits and premium wines grapple with declining consumption, a significant shift is under way across the beverage…

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China’s senior-care sector: promising job growth clashes with young workers’ reluctance

As China rapidly ages, the senior-care sector is poised to become a significant source of job creation. Yet, enthusiasm among…

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Chinese airlines cancel flights on 12 Japan routes as tensions continue to rise

As a political dispute between Beijing and Tokyo continues to inflame relations, Chinese media reports indicate some domestic airlines have…

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UBS’ China property optimist retreats from bullish calls, foresees deeper slump

John Lam, UBS’ head of China property research and a long-time contrarian, is retreating from his earlier bullish calls and…

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Nexperia’s Chinese owner Wingtech says Dutch headquarters remains silent on call for talks

Wingtech Technology, the Chinese owner of Nexperia, said it had received no meaningful reply after reaching out to the Dutch…

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Rising down jacket sales offer unexpected cushion against deflation in mainland China

China’s down jacket and coat makers are the unlikely beneficiaries of the winter season, as more young consumers splash out…

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Exclusive | Why US economist Nicholas Lardy thinks the ‘peak China’ theory has peaked

Nicholas Lardy is a non-resident senior fellow at the Peterson Institute for International Economics and a member of the Council…

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