China economy

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As China’s consumption picture changes, think tank argues, so must its policies

China’s policymakers must assess and accommodate a dramatic shift in consumption patterns to effectively incentivise spending – a task that…

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China puts private sector policy on the front burner after July data disappoints

“Boosting consumption is the key. We must adopt targeted measures to smooth economic circulation.” Plenary meetings are often convened to…

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China’s oil demand dips, ticks down as economic ebb eases fuel imports

It also cut crude oil imports from Saudi Arabia, its second-biggest supplier, by 6.5 per cent over the two months.…

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China’s interbank system promoted as safeguard against Swift consequences

China should promote its indigenous cross-border interbank system to reduce risks to its financial security, a senior researcher for a…

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China’s economic activity continues to drag in July as key indicators miss expectations

China’s property slump and weak consumption continued to haunt the world’s second-largest economy in July, fuelling market calls for stronger…

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Mainland China’s provinces seek overseas capital, with Hong Kong as go-between

Some localities in mainland China are taking active steps to woo overseas capital via Hong Kong as foreign direct investment…

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China hits 100 billion deliveries as couriers grow part and parcel with e-commerce

This equates to an average of 71.43 packages per person, 5,144 packages delivered every second, or 440 million packages moving…

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Shanghai angles for acres of drone-grown crops with automated agriculture plan

Shanghai’s plan would begin with 12,000 mu of smart farms across eight townships by the end of the year, and…

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Hong Kong stocks join regional recovery as Tencent, oil firms pace gains

Hong Kong stocks wavered near a two-week high amid the region’s ongoing recovery from last week’s rout. Tencent rallied on…

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Hong Kong stocks fluctuate as casino, property sectors weigh; Asian markets advance

Hong Kong stocks fluctuated as traders remain cautious ahead of key Chinese economic indicators while the rest of the region…

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