Consumption

New Business

Chinese cadres urged to splash the cash to boost consumption ahead of Lunar New Year

An official in the southwestern municipality of Chongqing has called on Chinese cadres to lead by example in boosting consumption,…

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New Business

China’s finance ministry vows measures to boost consumption and investment next year

The Ministry of Finance has vowed concerted efforts to expand domestic demand next year as well as more and quicker…

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New Business

China’s small businesses gasp for air as consumption slump deepens

Two years ago, as China began to roll back its pandemic restrictions, Ella Chen spotted a tasty opportunity. Having lost…

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New Business

Macroscope | Could Trump be a catalyst for the reforms China and Germany need?

There is still over a month before US president-elect Donald Trump moves back into the White House and supposedly makes…

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New Business

Club Med owner bets on winter sports in China as skiing craze creates ‘severe shortage’

Fosun Tourism Group, the Chinese owner of the Club Med resort chain, is betting on winter sports facilities to tap…

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New Business

Can China’s Politburo ‘break the deadlock’ on economic growth as half-year comes in focus?

The meeting is expected to have a more significant impact on market expectations than the third plenum conclave last week,…

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New Business

Opinion | Why Chinese consumption cannot completely be blamed for global imbalances

China enjoys world-class transport infrastructure and mobile and internet coverage. The remarkably low headline consumption rate is simply at odds…

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New Business

Beijing seeks to drive up China’s much-needed consumption by upping NEV number plate quota

China’s capital city has increased the quota for new energy vehicle number plates to encourage consumption, a move that arrived…

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New Business

China’s fine dining scene darkens as economic clouds blot out Michelin stars

Even with an average price of 600 yuan (US$83) per person, the dining room was always bustling. And Rive Gauche,…

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